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    Africa: Guide to Business 2012
    Africa: Guide to Business 2012
    Africa: Guide to Business 2012
    Ebook140 pages2 hours

    Africa: Guide to Business 2012

    By AAE Africa Team

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    About this ebook

    The countries of the african continent offer a wide range of opportunities for the entrepeneur. This book outlines those opportunities on a country by country basis and provides an indication of some of the challenges (and their solutions)that may be faced. The book also provides a simple guide to the steps (paperwork) required to establish a business presence in each of the countries covered.

    Divided according to country groups by geographic location then by individual countries the book includes a general commentary supported by world bank data.

    LanguageEnglish
    PublisherAAE Africa Team
    Release dateMar 26, 2012
    ISBN9781476395364
    Africa: Guide to Business 2012
    Author

    AAE Africa Team

    Association of African Entrepreneurs (AAE) supports sustainable development in businesses throughout Africa. The key focus is on advocacy, education, information and networking support for small and medium enterprises (SMEs).Africa for Business: Hopes and Mirages is an exploration of newly arising prospects and opportunities in African countries for SME entrepreneurs, the engagement of local entrepreneurs and the management of community resources. This give a picture of the current situation of African SMEs and explore the arising hopes and mirages of African entrepreneurs in the second decade of this millennium.

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      Book preview

      Africa - AAE Africa Team

      AFRICA GUIDE TO BUSINESS 2012

      AAE Africa Team (Association of African Entrepreneurs)

      Smashwords Edition

      Copyright 2012 by AAE Africa Team

      Website: www.aaeafrica.org

      Smashwords Edition, Licence Notes

      Thank you for downloading this free ebook. You are welcome (in fact encouraged) to share it with any of your friends and colleagues who may have interest in doing business in Africa. This book may be reproduced, copied and distributed for non-commercial purposes provided the book remains in its original form and retains both this paragraph and the preceding copyright statement.

      Contents

      TOPIC

      About the AAE

      Acknowledgments

      Terms used in the Book

      An insight into Africa’s Economy

      NORTHERN AFRICA:

      Algeria

      Egypt

      Libya

      Morocco

      South Sudan

      Sudan

      Tunisia

      EASTERN AFRICA:

      Burundi

      Djibouti

      Eritrea

      Ethiopia

      Kenya

      Somalia

      Tanzania

      Uganda

      SOUTHERN AFRICA:

      Botswana

      Comoros

      Lesotho

      Madagascar

      Malawi

      Mauritius

      Mozambique

      Namibia

      Seychelles

      South Africa

      Swaziland

      Zambia

      Zimbabwe

      WESTERN AFRICA:

      Benin

      Burkina Faso

      Cape Verde

      Cote d’ Ivoire

      Gambia

      Ghana

      Guinea

      Guinea Bissau

      Liberia

      Mali

      Mauritania

      Niger

      Nigeria

      Senegal

      Sierra Leone

      Togo

      MIDDLE AFRICA:

      Angola

      Cameroon

      Central African Republic

      Chad

      Democratic Republic of Congo

      Republic of Congo

      Equatorial Guinea

      Gabon

      Rwanda

      Sao Tome and Principe

      Becoming an Entrepreneur in Africa

      Credits

      ****

      About the Association of African Entrepreneurs

      The Association of African Entrepreneurs began with the vision of creating the voice of change and opening up a platform for dialogue among the African people, and to involve the international audience to have a role in helping developing nations promote the entrepreneurial spirit. It’s core mission objectives are:

      • To reintroduce innovative attitudes and to reform structures that mitigate entrepreneurship by enabling a participatory process that involves and includes entrepreneurs.

      • To make regional advocacy campaign contributions that can support and encourage entrepreneurship

      • To work in close consultation with the various government institutions for the promotion of entrepreneurship and innovation.

      • To establish, organize and support or implement development programs aimed at promoting and nurturing innovation and entrepreneurial spirit amongst members

      The Core Team comprises:

      Cornelius Nartey

      Vivian Obu

      Aaron Hushie

      Daniel Awuley Lartey

      Bernard Annang

      ****

      Back To Contents List

      Acknowledgements

      A project on a grand scale that would prove to catalyze any venture in the entrepreneurial realm of Africa was indeed an interesting task, and most certainly challenging- in that along with providing the key aspects of each country, it is also exceedingly vital to proffer sound advice on the ideal ventures for each country. Through the course of preparing the e-book that we hope will enrich and benefit plenty of entrepreneurs, we would like to thank our volunteers for their invaluable contributions in compiling this book. We are especially grateful to the UNV Online Volunteering program. We would also like to sincerely extend our gratitude to www.doingbusiness.org for offering a step-by-step break up of all the essentials as part of the process for the commencement of a new business venture and Wikimedia Commons for the map images. Our statistical data has been buttressed by those provided by the IMF and the World Bank, and we extend our gratitude to both organizations for the same. Sincere thanks are in order for the AAE team that compiled the data and maintained complete records of the same for the team that put together the e-book itself.

      ****

      Key to Terms

      ****

      Back To Contents List

      An insight into Africa’s Economy

      Africa’s economy comprises trade, industry and most importantly resources of the people themselves. Africa has been touted as the poorest inhabited continent in the world, and offers a cornucopia of untapped potential located strategically in different parts of the country. Although for several years, Africa has been deemed as being a country struck down by poverty, low life expectancy, violence and instability, the trend has begun to change abundantly over the past few years. Africa is fast evolving as a hotbed of growth and development. The economies of the fastest growing African nations experienced growth significantly above the global average rates.

      Despite the current economic downturn, Africa’s economy seems to be progressing towards success at a fairly speedy rate. Africa continues, to date, to be a place of intriguing opportunities for global investors, especially for untapped and nascent industries.

      Some of the major sectors in Africa that present perfect business opportunities are:

      • Agriculture

      • Communication and Infrastructure

      • Development

      • Investment and Banking

      • Manufacturing

      • Mining and Drilling

      Any entrepreneurship venture in any part of the world would necessitate an analysis of the following issues:

      • Impetus of business

      • Mode of Operations

      • Risk factors

      With a confluence of resources and plenty of untapped potential, Africa is the perfect spot for any new entrepreneurial venture. In the coming pages, the basic economic details for each country in Africa are listed. Along with a brief mention of the key factors, there are also a couple of suggestions for ideal economic ventures in each country.

      Back To Contents List

      ****

      NORTHERN AFRICA

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