You cannot simply copy and paste a business model that has worked internationally and expect it to work in Africa. If you want to do business in Africa, you need to operate in a way that takes the nuances of the continent into account.
This is the opinion of Reach Africa’s Sales Director and specialist in the streaming space – Leslie Adams, where he postulates why incremental purchasing has been so successful across the continent, and how we’re seeing more examples of businesses that are rolling out this “pay as you go” model at scale, thanks to the advent of technology.
Tag: African business
Op-ed: Why Africa is the Next Big Opportunity Amid Global Slowdown in The Music Industry
The op-ed focuses on how Africa represents a growing market with unique opportunities and how it will help to diversify revenue streams for the creative economy.
Why Africa’s Approach to Financial Risk Management Needs to Change
Reggie Mlangeni, Head of Sales and Structuring at Absa Corporate and Investment Banking, discusses the unique challenges Africa faces in financial risk management, highlighting how traditional strategies often fall short in the continent’s volatile markets. The article calls for a re-evaluation of risk models, emphasizing the importance of tailored strategies, diversification, and the use of advanced technologies like AI and Machine Learning.
African companies must recognise strategic M&A as the most viable exit strategy, says investment bank CEO
Victor Basta, CEO of investment bank DAI Magister, discusses the ways in which African CEOs can maximise valuations by ensuring they are bought (not sold). This includes leveraging increased interest from overseas acquirers, ensuring buyers possess the financial capacity to meet expected asking prices and stress-testing business plans to stand up to buyer due diligence.
Problems And Prospects Of Family Businesses: Trusts, ESG, NextGen, And What Is Needed For Success
Interview with Faizal Bhana, Director, Middle East, Africa and India, Jersey Finance, delves into the evolving landscape of family businesses and how they navigate the diminishing trust advantage amid rising ESG (Environmental, Social, and Governance) demands and NextGen aspirations.
How Africa Trades by Professor David Luke wins BCA African Business Book of the Year
David Luke, Professor in Practice and Strategic Director at the Firoz Lalji Institute for Africa at the LSE, wins the prestigious award for his book How Africa Trades at the BCA African Business Book of the Year Awards.
Companies are overlooking the potential of the African cloud ecosystem, says DAI Magister
International cloud orchestration companies could tap into rapidly growing demand for cloud services through African expansion
How will Digital Transformation evolve the Blockchain Practices in African Countries?
The use of blockchain practices has been rising in every industry. Today, every single industry is making the most out of it and making things easier for their audience to deal with it. If you are thinking how blockchain practices is going to get better with digital transformation, then you have landed on the right page.
How Africa is Becoming a Global Business Giant
Africa’s Increasing Role in the Business World: How it Happened
Cloud revolution enables businesses to leverage cloud while using on-prem systems
In the article, Udhveer Sookraj explains how a new approach to cloud computing allows businesses that aren’t fully prepared for migration to still benefit from the cloud while using their own on-premises systems. This enhances security and simplifies compliance.