#INTHEAIREVERYWHERE |
Vol. 16 No. 18 | Tuesday
February 21, 2017 |
Africa Is A Multinational Opportunity |
How To Read Change In Africa 2017
In politics, just last month the ECOWAS
region (made up of Western Africans)
ejected the former dictator Yahya
Jemma of Gambia when he refused to
concede to Adam Barrow, who won the
2016 Presidential elections. Opportunity At Every Turn
All of the above impact air transportation
in some form or another. With that
trend continuing you will see more
manufactured goods reaching the shores
of North America. Overlooked Markets
As a continent, Africa is moving in
the opposite direction of BREXIT.
As a continent with a population of
over a billion, there are 54 countries
with roughly over 2,000 languages
and over 200 boarder crossings. This
makes intra-trade extremely difficult
and is the reason why talk of AU passports
and provisions about freedom of movement
for goods, people, and currency is
taking center stage in the African
Union. Without too many hassles, intra-trade
has been growing at a rate of 20 percent
for the last 15 years. This is low
compared to other regions, but has
the potential to increase given the
right backing. Africa In Living Color
Extremely expensive local borrowing
curtails business growth. Only international
businesses with financial stamina
can grow their businesses. Expansion
for local businesses is challenging
despite existing opportunities. |
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