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SMEs - opportunities in Africa

SMEs - opportunities in Africa

Africa has certain products, other than base minerals, which it is able to export. However, there is always a focus on exporting to the USA and the EU.

While I have no problem with this, the question is why not export to Africa?

Is it a case of no one wants to export to countries with poor foreign exchange value? Is it better to receive, USD Euros of GBP than say Pula or Zimbabwe dollars. I have no opinion on this matter as it is outside my area of expertise, but one wonders. Are the African markets not sophisticaed enough for South African exporters leading to little demand?

But then what about importing from Africa into South Africa? IS the South African market any more sophisticated than the EU for example?

I believe that perhaps South Africa is delaying the efforts at creating a real economic union in the lower part of Africa. Why? Why not proceed? Surely we can all benefit from this and see the benefits for SMEs who may not cope with the size of the bigger developed country markets, but who would perhaps cope with the sub-saharan markets.





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Dr. Rob Smorfitt
(Visit Dr. Rob's Website) Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large businesses, the impact of legislation on SMEs and SME finance. Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com I have been self-employed since 1982. I have started or purchased in excess of 40 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked in full time employment in my bigger businesses. 6 books written in Entrepreneurship and Project Management educational field. Written articles for various magazines, newspapers and websites. Married with 3 children (22, 21 and 14).

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