Business in Africa

Here our concern is to highlight certain aspects of business with Africa, which comprises 53 sovereign countries. Given Africa's vast natural resources, coupled with the paucity of capital goods to generate the wealth inherent in these resources, American entrepreneurs have the opportunity to intensify investment in this dimension of business and its related sectors of the economy comprising the channels of distribution from manufacturing, wholesale and retail, within the context of import-export trade, while ensuring that various infrastructure requirements are catered for as part of the American business involvement in Africa. For the sake of illustration we will refer to investment opportunities in a few of the African countries that are members of the Southern Africa Development Community (SADC) which comprises 14 countries of Central and Southern Africa. For more information, go to the SADC Web site.

Namibia

Investment opportunities in Namibia pertain to the development of infrastructure such as upgrading of rural roads countrywide, investigation of tram ways, development of new industries and services along new highways. There are other opportunities in agriculture, fishing, manufacturing, mining and tourism industries. Opportunities also abound in export-import trade in view of the fact that in 1991 the United States of America granted Namibia duty-free access under its Generalized System of Preferences (GSP), covering some 4,000 trade items, including all of Namibia's major existing exports (Get more details on Namibia's overall economy)

Botswana

In Botswana investment opportunities are plentiful in electronics components supply and product manufacture, engineering plastics and packaging industry, food processing, water conservation, waste water rehabilitation and re-use, building material and affordable housing, garments and textiles, assembly/automotive, consumer products, pharmaceutical, leather and leather-related products, ostrich farming, financial services and tourism. In foreign trade there is substantial import-export business between Botswana and the United States (Get more details on Botswana's overall economy)

Mozambique

Mozambique has vast potential for development in the region, commencing with the development of and /or rehabilitation of infrastructure projects in all sectors of the economy. There are opportunities in mining (development of tantalite, pegmatite, bauxite, gold etc), agriculture and forestry (production of crops such as cashew nuts, coconuts, sugar, cotton, sisal and products), fishing (prawn, lobster, crayfish, fish farming, boat yards, sharks, farming of oysters, mussels, algae and pearls), manufacturing (e.g. sugar and cement), tourism (refurbishment and modernization of existing tourist facilities, and the construction of new one). Mozambique exports to the U.S.A. far exceed the exports to the United States (Get more details on Mozambique's overall economy)

South Africa

South Africa is a strategic location in world markets. Her seven commercial ports form by far the largest, best equipped and most efficient network on the African continent, handling 500 million tons of cargo annually. They function as strategic trans-shipment hubs for traffic between Europe, Asia, the Americas and Africa. The phenomenal growth in airline traffic since 1994, through the major international airports in Johannesburg, Durban and Cape Town, is due to the rapid growth of both tourism and business travel. South Africa is ideally positioned for access to the 14 countries in the Southern Africa Development Community (SADC) with a total population of over 180 million people. Investment opportunities are abundant in business sectors such as Agri-business, Agro-Forestry, Automotive sector, Engineering, Entertainment/Films, Food Processing, Information Technology, Ores and Metals, Petrochemicals, Pharmaceutical, Tourism and Transport (See Why Invest In South Africa)

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Last modified: August 27, 2008 12:38:27