Why Do Business in Africa? Here are some reasons: * There are so many business opportunities in Africa. * Compared to other regions, Africa's Probable and Possible Business Future is clearer. * The Dark Continent appeared bright in the globe's darkest time, the Global financial Crisis. * Its transformation makes the Africa a Potential Business Venue. * Investing in Africa's Agriculture, mining, telecommunications and infrastructure is very profitable. * The region can provide and fulfill the growing demand of other countries with their abundant resources.
Yeap, we should look the market globally...if we are planing to invest at the moment irrespect of their continent..
I agree with Onlinemel above. Africa still offers more business opportunities than more developed countries. This is because, more problems provide similar opportunities to make money by way of solving these problems.
What kind of business you have in Africa If you are doing online business than you don't need to consider from which country you are from. But I believe that top business are in America, UK, Africa because they are more developed countries than any other countries. You post is clear and thanks for sharing it. Thanks Alam
Thanks. Africa is best known for their mining industry. They've got the largest reserves of minerals and the leading site to dig diamonds, cobalt, uranium and some other rare minerals. They are also suppliers of oil and gold. As a matter of fact, it is in Africa where you find half of the world's diamond, more than three quarters of platinum and palladium and almost 15% of oil supply across the globe.
Africa is a high-risk region. You may be able to make a lot of money if you are involved in extraction industries (i.e., raping the environment and destroying the future for Africans) but in general the chance is higher that you will lose your shirt. Corruption is endemic. This makes it particularly difficult for Americans and American businesses to succeed there, because the FCPA outlaws a lot of routine bribery that is absolutely essential in order to get things done. If you're risk-tolerant and of low morals, Africa can be a good place to make money. Otherwise, stick to the developed world and then invest some of your profits in purely philanthropic efforts in Africa. Finance micro-loans, give to development projects, etc.