Unlocking Africa's Business Potential

Unlocking Africa's Business Potential

Author: Landry Signe

Publisher: Brookings Institution Press

Published: 2020-04-07

Total Pages: 361

ISBN-13: 0815737394

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Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.


Africa's Business Revolution

Africa's Business Revolution

Author: Acha Leke

Publisher: Harvard Business Press

Published: 2018-10-30

Total Pages: 249

ISBN-13: 1633694410

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The Definitive Guide to Doing Business in Africa For global and Africa-based companies looking to access new growth markets, Africa offers exciting opportunities to build large, profitable businesses. Its population is young, fast-growing, and increasingly urbanized--while rapid technology adoption makes the continent a fertile arena for innovation. But Africa's business environment remains poorly understood; it's known to many executives in the West only by its reputation for complexity, conflict, and corruption. Africa's Business Revolution provides the inside story on business in Africa and its future growth prospects and helps executives understand and seize the opportunities for building profitable, sustainable enterprises. From senior leaders in McKinsey's African offices and a leading executive on the continent, this book draws on in-depth proprietary research by the McKinsey Global Institute as well as McKinsey's extensive experience advising corporate and government leaders across Africa. Brimming with company case studies and exclusive interviews with some of Africa's most prominent executives, this book comes to life with the vibrant stories of those who have navigated the many twists and turns on the road to building successful businesses on the continent. Combining an unrivalled fact base with expert advice on shaping and executing an Africa growth strategy, this book is required reading for global business executives looking to expand their existing operations in Africa--and for those seeking a road map to access this vast, untapped market for the first time.


Entrepreneurship Ecosystem in the Middle East and North Africa (MENA)

Entrepreneurship Ecosystem in the Middle East and North Africa (MENA)

Author: Nezameddin Faghih

Publisher: Springer

Published: 2018-06-12

Total Pages: 711

ISBN-13: 3319759132

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This contributed volume explores and reveals the dynamics, strengths and weaknesses, trends and implications of entrepreneurship in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of entrepreneurship and the opportunities and threats it faces in the MENA region. Topics range from development of entrepreneurial universities to international entrepreneurship, as well as emergent topics such as green entrepreneurship, sustainable entrepreneurship and youth entrepreneurship.


Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives

Author: OECD

Publisher: OECD Publishing

Published: 2021-03-30

Total Pages: 253

ISBN-13: 9264473041

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Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval.


Social Entrepreneurship in the Middle East

Social Entrepreneurship in the Middle East

Author: Dima Jamali

Publisher: Springer

Published: 2016-05-24

Total Pages: 276

ISBN-13: 1137395362

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This two-volume book unveils trends, strengths, weaknesses and overall dynamics and implications of social entrepreneurship in the Middle East region, whilst identifying both opportunities and threats facing social entrepreneurship and supplements through a wealth of insights and examples inspired from practice and current applications.


Economic Development Obstacles in Africa and the Middle East. Reasons for the Slow Development of Entrepreneurship

Economic Development Obstacles in Africa and the Middle East. Reasons for the Slow Development of Entrepreneurship

Author: Antoine Niyungeko

Publisher: GRIN Verlag

Published: 2020-11-26

Total Pages: 6

ISBN-13: 3346304574

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Essay from the year 2020 in the subject Economics - Macro-economics, general, , language: English, abstract: This paper analyses what may be the reasons for Africa and the Middle East seemingly lagging behind other world regions in terms of economic development. It explains why entrepreneurship has been slow to develop in the region, and gives suggestions for how it may be developed more assertively. The problems that may constitute the reasons for lagging behind others may be inadequate education systems, division and war or heavy administrative procedures. Furthermore, difficult access and high-lending interest rates as well as colonialism consequences can be a reason. Income or poverty in the regions may reduce the demand for goods and services, support high corruption, lead to low salaries and wages for states employees and insufficient savings for workers to begin new business. Education in Africa is a heritage of the colonial system which did not intend to develop entrepreneurship in colonized countries. Courses are dominated by modules that are not related to entrepreneurship, but full of content like foreign literature like French and English or History. Courses offered by universities are disconnected to labor market needs and new technologies. Courses are full of theory without practical knowledge. Professional courses are limited, and graduates lack in practical knowledge. Secondly, African countries are not united. Some of them have much diversity in culture, religion and ethnics. But instead of using the diversity to generate new ideas, creativity and innovation, the diversity is the basis of war in African countries. No entrepreneur can engage seriously in a country at war. Molem indicated Cameroon had linguistic and cultural diversity with more than 289 ethnic groups, and a colonial legacy of French and English cultures and languages, plus remnants of a German substratum.