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Africa News on Jan. 27, 2019

January 27, 2019

VietPress USA - News source: www.reddit.com

Posted by

u/NorthVilla

1 day ago

I am SO bullish on Africa

Africa is going to be where the world happens in the next 50 years.

From Rwanda to Mozambique to Ethiopia to Ghana to Senegal, Africa is becoming safer, less risky, and more attractive.

Economies can only grow at 10% for so long before they start doubling, and competing with the big boys.

Chinese investment is often a mixed bag and say what you wil, but the crazy growth in infrastructure (highways, rail, dams, refineries, ports) is incredible, and makes doing business so much easier. Sometimes, making a slight loss on a highway can mean a net gain elsewhere.

I am setting up a business venture in Kenya now with my local partner and friend. I have several more opportunities in Kenya and Malawi.

People want to get stuff done here. There is an entrepreneurial thirst that is just missing in the West. People are hungry to learn, thirsty to create. It's a feeling that anything can happen.

My friends back home think I am a bit crazy... "Oh, why would you want to take the risk of doing business in Africa? Aren't those really shitty countries where only NGOs work?"

That's completely their ignorant loss.

I love your beautiful continent and people, and ever since I started working here, my opinion has changed greatly.

I am more bullish here than anywhere else. We're going to see great things coming out of Africa, and it's going to completely take the old players by surprise. Africa is not your Grandpa's Africa anymore.

37 Comments

Posted by

u/rogerram1

1 day ago

Madagascar is now one of the world's fastest-growing business outsourcing centers after building out super-fast internet

Island nation Madagascar is one of the world's leaders in francophone business process outsourcing after it upgraded its internet

https://qz.com/africa/1519409/madagascars-fast-internet-fuels-outsourcing-boom/

1 Comment

Posted by

u/ShakeNBakeSpeare

2 days ago

Relocation advice needed!

Hi Everyone! Seeking advice: I have a job offer with an organization based in Africa that I am really excited about - but I have two options that I get to consider and would love some feedback.

Option 1: I can be based in Nairobi or Johannesburg.

Option 2: I would be based in Mauritius with frequent travel to South Africa, Kenya, Rwanda, Nigeria, Morocco, and Botswana.

The role for the first one seems slightly more exciting to me and is more aligned to my prior experience, but the difference is not enough to be the deciding factor and I am intrigued by the option to travel more with the second role. However, I am more curious about lifestyle, expat community, safety, etc - in other words, all of the typical considerations in terms of what it is like to live there. I will be moving there solo (no kids nor spouse). Would love to hear thoughts on what life is like in my potential home-base locations, as well as travel in the other locations. Many thanks for any input you can offer!

8 Comments