Why? Because Africa currently offers the highest returns on foreign direct investment of any region in the world. When thinking of Africa, what comes to mind is crippling debt, corrupt governments, war crimes, ill health, oppressively constant focus on aid, etc. Africa may exclusively seem a recipient for charity and good will and Africa may seem an unlikely investment opportunity.
Then why invest in Africa?
This region can offer more than tax credits for charitable donations, or a destination to run CSR strategies for multinationals. Africa’s best chance for prosperity is trade not aid. Additionally, according to the World Bank, Africa currently offers the highest returns on foreign direct investment of any region in the world.
China’s presence in Africa is old news. China’s hunger for resources, and as a rising power, has been the first to seize what this continent has to offer in terms of trade and foreign investment. China’s involvement in Africa may be as controversial as we choose to perceive it, but one thing is clear, it has been proven to be prosperous to invest in Africa, and not just to help Africa help it self, but to also make profits in the process.
Debunking myths and debating truths
Chinais becoming the eminent infrastructure builder in Africa. In more than one way, they have paved the way for western economies to start looking into Africa not only for its wealth in natural resources but also as a player in international trade. Investing in Africa is not easy, but with the right partnership the rewards can be positively unexpected. With this in mind, Canada Export Centre is pleased to announce the opening of its first representation in the African continent.
Our new location in Ghana has been strategically chosen to provide a gateway to all of Africa. It provides you with easier access to our strong network of resources and our result-oriented services. Our local presence enables us to deploy resources faster and respond to your needs under your time requirements. We are eager to assist you to achieve your goals on the management and utilization of your organization’s resources and undertakings.
Investing in Africa is not easy, but with the right partnership the rewards can be positively unexpected. Local knowledge and global reach are key to cross-border transactions. When it comes to determining which firm to retain for sourcing globally, a few fundamental criteria come to mind. Aside from having a traceable and documented history of providing customized services and business development tools to help establish trade relationships, Canada Export Centre also takes into consideration the chemistry between our hiring partners and our team. But perhaps, what it truly differentiates us is how the gears of our firm churn by way of local knowledge and global reach. Our newest addition to the team in Africa will open opportunities that had been previously disregarded. We look forward to establishing a strong relationship and a fruitful collaboration in the African region for the mutual benefit of our existing clients and prospective new clients.