Posted by: beninmwangi | April 4, 2007

Is Africa really ready for business?

Just a thought. But I believe that Africa is most ready for business. The world will only ignore Africa at its own peril. Sample this:
China hosted all Africa Presidents this year to expand on the available business opportunities in Africa. The main intention of China was to position itself to take advantage of the existing business avenues and as using Africa as a source of inputs for its vast and fast growing industries. Other developed countries are now realising that Africa cannot be taken for granted.

South Africa will host the world cup in 2010, and now more and more companies are lining up to set up businesses in the country to take advantage of the opportunities that have been created by this fact.

Kenya recently (on 24th March) hosted the World Cross Country Championships very succesfully. Despite the international travel advissory issued by the USA speciffically targeting the international event, the Kenyans saw it as a business opportunity to improve their international reputation. The travel warnings did not stop the show that had such a high level of security.

African leaders are travelling the world to take advantage of existing business opportunities. This not only says that Africa is more than ready for business but also shows that WE ARE IN BUSINESS. What do you think?
You can read more on how Africa is taking on the world on: http://businessinfocus.blogspot.com

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Responses

  1. Branded:

    I like that, you took the words out of my mouth…Actually, not quite. I had been searching accurate “elevator pitch” that depicts Africa’s business climate moreso than Africa Ready for Business.

    WE ARE IN BUSINESS does just that. I knew that it was something that I really liked about your style.

    Bravo, all the way!

  2. Thanks!
    Anything for Africa. I believe together we can take Africa on a whole new business level because WE ARE IN BUSINESS. Yes we are!

  3. I agree with you Benin. We will only keep growing stronger and doing more things better. We are in business, we will continue to be in business and soon we will be innovating and taking over what is currently the stable of India and China. After, leading lights come from fast growing economies and Africa has the last untapped markets.

  4. Joshua:

    Thanks, this post was actually written by fellow Africa blogger-Branded. But his post is dead on.

    Funny that you should mention India or China. I have been hearing that some of the outsourcing jobs from india have recently started going to South Africa, Ghana, and Kenya…also I hear that Naija is planning to join the party and get a slice of the pie too…

    Thanks for the wise words.


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