Archive for the ‘Business Focus’ category
“Africa represents truly the last sizeable investment opportunity for international investors.”
Eleni Gabre-Madhin, founder of the Ethiopia Commodity Exchange, is now aiming for bigger things.
African entrepreneurs operate in a more challenging environment and therefore need to be more creative and resilient in order to make their businesses succeed.
“Even though I knew Angola’s capital is famously the most expensive city in the world, prices are even beyond one’s wildest imagination.”
Bright Simons, founder of mPedigree, looks at the difference between social entrepreneurs and commercial entrepreneurs.
While there is much talk about competition coming from other emerging market companies, the issue in sub-Saharan Africa seems far more nuanced than that.
Lagos, Nigeria’s commercial hub, could soon have a US$45 billion economy.
How can Africa tap into local innovation to launch globally recognised brands?
African countries should focus on building smaller infrastructure projects that require less financing.
“I can accept that many Africans don’t have much money. I can’t accept they are any less sophisticated consumers.”
“Private sector development has a much greater potential to improve self-sufficiency and prosperity than charity.”
During a session at the recent World Economic Forum on Africa, held in Cape Town, experts discussed the latest developments in addressing the continent’s energy infrastructure constraints.
Companies who are not currently doing business in Africa perceive it as the least attractive investment destination in the world.
“The biggest threat to Africa is not invasion by neighbours; it is poverty.”
Gerald Mahinda, managing director of Brandhouse, shares his thoughts on how to be successful in Africa’s consumer markets.