This essay explains the strategic considerations of doing business in Africa. It is found that when planning investing in Africa, these aspects should be considered:
- opportunity ,
- purchase power ,
- security ,
- Inflation ,
- governance,
- legislation,
- corruption,
- transparency in public purchase, etc.
The following factors should be considered: Location, Political stability, Access to Energy, Nature of business and access to raw material. Market potential. Government policy, Competition. Relevance of products or Services. Local costume/ religious beliefs, etc
Though I do not have any idea about such topic,I will be following for more benefit.
Regards.
I think that these factors depend on the type of business, so it is important to get to know the desires and needs of customers, after which economic, political and cultural factors, laws and legislation are studied in the country.
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