The continent's entrepreneurs are helping Africa to capitalize on its vast natural resources and make its economies the world's fastest growing and most dynamic. From high finance, to sewing cooperatives and small-scale food processors, here's a look into how Africa's businesspeople are making new products and creating jobs and how they can be helped.
Continent's businesspeople need some basics in order to start 'doing it for themselves.'
BOSTON — It would be great to say that Africa’s entrepreneurs are ‘doing it for themselves.’ But that’s not exactly the case. Work needs to be done to create environments where emerging businesspeople can thrive.
BERLIN — High atop a Berlin hostel, an unknown asylum seeker believed to be African grips tightly to a steel railing with one hand. Every few minutes, he grins broadly and capers a bit as he calls down to a knot of television journalists on the street — gathered here because of earlier reports that refugees facing expulsion from the capital were threatening to jump.
WASHINGTON — If the BRICS are stumbling, what about “frontier markets” — the super-fast growing nations of Africa and Asia that post garish double-digit annual GDP growth. Surely, there must be opportunity there. Well, maybe.