How to Succeed as an Entrepreneur in Africa

How to Succeed as an Entrepreneur in Africa

Author: John Kuada

Publisher: Adonis & Abbey Publishers

Published: 2021-05-31

Total Pages: 160

ISBN-13: 9781913976088

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The African business environment provides many opportunities and challenges. Success depends on the ability to quickly see the opportunities and the courage to face the challenges. Successful African entrepreneurs are best described as "doers" rather than "dreamers". They are action-oriented people who look far ahead into the future, and treat mistakes and failures as temporary setbacks on the way to accomplishing their goals. Above all, they are disciplined when it comes to the use of money. These are some of the insights you can get by reading this book. You will also know how to do the following: -Make profits for a purpose -Grow your business -Design a winning strategy -Manage efficiently and effectively -Find trustworthy business partners -Motivate your workers -Communicate with maturity and appreciation -Engage in fast learning -Improve the management of your finances With these tools at your disposal, you are certain to join the small but growing group of very successful African business owners. __________________________________________ John Kuada is Emeritus Professor of International Management at Aalborg University, Denmark. He holds two doctorate degrees - PhD from Copenhagen Business School in Business Economics, and Dr Merc from Aalborg University in International Business. He has extensive experience as business consultant and training advisor in areas of management, marketing and cross-border inter-firm relations in many European and African countries. He is author and/or editor of 25 books on management. He has also written over 100 articles in scholarly and professional journals on a wide range of international business issues including entrepreneurship, international marketing, intercultural management, leadership and strategy. Madei Mangori has over 36 years of experience as an organizational and management development expert in Southern Africa mainly based in Gaborone Botswana. He turned academic in 2015 after obtaining a PhD in Business Management from Aldersgate College in the Philippines. He has published a book and co-authored another. All are available on Amazon. He is a founding member of Mentoring African Research Network (www.resanet.org). He is also the co-ordinator for business and contextual ministry and is currently leading the team working for the accreditation of Botswana Bible Training Institute into a multi-disciplinary tertiary institution operating in four countries in Southern Africa.


Africa's Business Revolution

Africa's Business Revolution

Author: Acha Leke

Publisher: Harvard Business Press

Published: 2018-10-30

Total Pages: 270

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.


How We Made It in Africa

How We Made It in Africa

Author: Jaco Maritz

Publisher:

Published: 2018-11

Total Pages: 260

ISBN-13: 9780620818438

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From the founder of the award-winning website (www.howwemadeitinafrica.com) comes the stories of 25 entrepreneurs who''ve built thriving businesses. * Be inspired by the experiences of Africa''s most dynamic entrepreneurs * Gain insight into the continent''s business opportunities * Find the courage to make your own dreams and ambitions become a reality Discover why Ken Njoroge is building a billion-dollar pan-African digital payments company (it is not because he wants to drive a Ferrari); Find out how Jean de Dieu Kagabo grew a Rwanda-based industrial group from a simple product: toilet paper; And be inspired by the extraordinary tale of Hassan Bashir who created a booming insurance company from nothing but grit and persistence. Each entrepreneur''s story is told in an honest manner, not shying away from the mistakes made and the considerable hurdles they had to overcome. And there were many tough times: from being betrayed by long-time senior managers to losing vast sums of money because of poor market research. Pursuing their business ambitions also had a toll on their personal lives: one entrepreneur was too broke to afford diapers for his baby, while another had to sell her house to keep the company alive. MEET THE ENTREPRENEURS 1. Ken Njoroge (Kenya): The long, hard journey to build a billion-dollar company 2. Tseday Asrat (Ethiopia): A modern twist on Ethiopia''s coffee culture 3. Tumi Phake (South Africa): Flexing his entrepreneurial muscles to exploit a gap in the fitness industry 4. Monica Musonda (Zambia): Instant noodle pioneer 5. Hassan Bashir (Kenya): An insurance firm created from nothing but grit and persistence 6. Ebele Enunwa (Nigeria): A $50-million food and retail empire 7. Tayo Oviosu (Nigeria): The entrepreneur who traded in his Silicon Valley life to bring mobile money to Nigerians 8. Navalayo Osembo (Kenya): How to make a Kenyan running shoe 9. Jean de Dieu Kagabo (Rwanda): Rwandan industrialist always hunting for the next big business idea 10. Addis Alemayehou (Ethiopia): Serial entrepreneur bringing the world to Ethiopia 11. Kasope Ladipo-Ajai (Nigeria): Nigerian cooking made convenient 12. Chijioke Dozie (Nigeria): Leveraging past experiences to disrupt the banking industry 13. Sylvester Chauke (South Africa): Marketer with a passion to take African brands global 14. Yoadan Tilahun (Ethiopia): Showing Ethiopia how to throw an event 15. Mossadeck Bally (Mali): West African hotel group built on an appetite for risk 16. Jennifer Bash (Tanzania): Adding value to everyday staples 17. Jesse Moore (Kenya): Thinking out of the box to power over 600 000 homes with solar energy 18. Twapewa Kadhikwa (Namibia): How one hair salon became a group of companies 19. Jacques de Vos (South Africa): Growing a high-impact tech business one problem statement at a time 20. Nana Akua Birmeh (Ghana): Architect breaking glass ceilings 21. Nelly Tuikong (Kenya): Kenyan beauty brand taking on global giants 22. Dr Hend El Sherbini (Egypt): From a small Egyptian family business to a London-listed healthcare giant 23. NJ Ayuk (Cameroon): A lawyer on the road less travelled 24. Polo Leteka (South Africa): The investor who spots opportunity where others see risk 25. Ashley Uys (South Africa): Diagnostic hustler ABOUT THE AUTHOR Jaco Maritz is CEO of Maritz Africa, publisher of the award-winning pan-African online business publication How we made it in Africa. Jaco holds a BA in Information Science from USB. He started his career at South African media company Media24, working on the websites of some of the country''s most well-known newspapers. He went on to become editor of TradeInvestNigeria, after which he founded Maritz Africa. When not building Maritz Africa, Jaco enjoys investing in other businesses. He is a regular speaker on business in Africa.


Success in Africa

Success in Africa

Author: Jonathan Berman

Publisher: Bibliomotion, Inc.

Published: 2013-09-10

Total Pages: 216

ISBN-13: 1937134482

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In an era of slowing growth, Africa is home to a trillion-dollar, resource-rich economy, and six of the ten fastest growing markets in the world. Success in Africa introduces the ambitious CEOs who are building the continent. These stories of growth, technology, and tradition bring life to one of the most important stories of the global economy: a successful Africa. The CEOs of General Electric, The Coca Cola Company, and Tullow Oil join Africa's leading CEOs to share insights on what wins in this fast-growth market. With twenty years of experience in frontier markets, including a decade working in Africa, author Jonathan Berman engages with top business leaders on the vast opportunities and challenges of the continent. Success in Africa pushes past the headlines on Africa's growth to answer the questions often asked by companies and investors: Who do I work with there and what drives them? How do I deal with government? What about war, disease, and poverty? What about China? How do I win? Success in Africa provides on-the-ground perspective, personal stories, and insight that Robert Rubin calls essential reading for all who are interested in Africa for reasons of business, investment, policy, or curiosity.


Entrepreneurship in Africa

Entrepreneurship in Africa

Author: Ven Sriram

Publisher: Routledge

Published: 2020-11-16

Total Pages: 304

ISBN-13: 0429688598

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It is now widely recognized that in regions like Africa, for economic and other reasons, the public sector has had to disengage and divest from many areas of the economy and allow private enterprise, especially scalable start-ups and new ventures, to enter and flourish if economic development and employment are to grow. There is, however, a training and education gap since entrepreneurship is rarely taught formally at African universities and, when it is, it is often approached from a Western perspective which may not be appropriate given that African environments are significantly different from most Western ones in terms of economic infrastructure and political considerations. This book allows readers to understand the African entrepreneurial context by guiding them through the principal stages in the life of a new venture, and offers approaches, both Western and indigenous, that can inform their entrepreneurial actions. It concludes by examining some specialized topics, including female, youth, and social entrepreneurship, as well as real estate and technology. Exercises throughout the book will enable readers to evaluate their motivations and preparedness for entrepreneurship and learn how to communicate a new venture’s key features to potential stakeholders. By focusing on the distinctive features of entrepreneurship in the African context, and taking a conversational tone, this is an informative and practical text that will be useful for students of Global Entrepreneurship and Business as well as actual and prospective entrepreneurs in the private, non-profit, and public sectors.


Mastering the Mysteries of Business Success

Mastering the Mysteries of Business Success

Author: Seth A. Thomas

Publisher:

Published: 2019-10-11

Total Pages: 395

ISBN-13: 9781699242971

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Mastering the Mysteries of Business is an inspiring business guide for Young Entrepreneurs striving in their little or great way to succeed and create an indelible mark in the world through their enterprises and endeavors. It contains a total of 101 Powerful Business Secrets and Lessons as taught and shared by a world-class business magnate and mentor, who have had records of groundbreaking business, philanthropic and leadership achievements and awards through his tough journey (as he would describe it), to the top. Dr. Strive Masiyiwa is a firm believer that the massive array of talents embedded in the African continent could be harnessed to create the needed change in the world through shared-economy model entrepreneurship.This book has been highly followed and recommended by the big players of the business world as it is a careful compilation of Dr. Strive Masiyiwa's teachings and experiences in business to help entrepreneurs and business leaders excel in their enterprises.


Africapitalism

Africapitalism

Author: Kenneth Amaeshi

Publisher: Cambridge University Press

Published: 2018-06-07

Total Pages: 313

ISBN-13: 110864905X

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Africa is on the rise. Enabled by natural resources, commodity trading and the recent discovery of Africa as the last frontier of capitalism by the global market, African entrepreneurs are now being empowered as economic change agents. How can this new economic elite engage in the sustainable development of the continent? 'Africapitalism', the term coined by Nigerian economist Tony O. Elumelu, describes an economic philosophy embodying the private sector's commitment to the economic transformation of Africa through investments generating economic prosperity and social wealth. The concept has attracted significant attention in both business and policy circles. Promoting a positive change in approach and outlook towards development in Africa, this book consolidates research and insights into the Africapitalism movement, and will appeal to scholars, researchers and graduate students of Africa studies, international business, business and society, corporate social responsibility, strategic management, economic thought, international political economy, leadership and development studies.


African Entrepreneurs - 50 Success Stories

African Entrepreneurs - 50 Success Stories

Author: Iwa Adetunji

Publisher: Andrews UK Limited

Published: 2017-06-08

Total Pages: 344

ISBN-13: 1787050920

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African Entrepreneurs: 50 Success Stories is a celebration of notable achievements of select Africans and how they have managed to excel in their chosen fields despite all odds. Each profile showcases the entrepreneur and their area of endeavor, including an exclusive interview in a question-and-answer format. Whether you are young or old, already in business or aspiring to get your feet wet, African Entrepreneurs: 50 Success Stories will encourage you. Although this book focuses on African business leaders, you will find that the core-ingredients of successful entrepreneurs are universal. You will be inspired, enthralled and above all motivated by how these savvy men and women overcame their personal challenges to get to where they are now. While some people are natural entrepreneurs, anyone can pursue entrepreneurship successfully if they put in what it takes. If you have a goal, you have to go for it - don't wait for success to come to you.


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.