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Africa in the Global Economy

Africa in the Global Economy

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Copyright: 2014
Pages: 16
Source title: Emerging Business Opportunities in Africa: Market Entry, Competitive Strategy, and the Promotion of Foreign Direct Investments
Source Author(s)/Editor(s): Christopher O. Gekonge (Doing Business in Africa Inc., USA)
DOI: 10.4018/978-1-4666-4570-7.ch003

Keywords: Business & Management / Business Science Reference / Global Business

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Abstract

This chapter describes concepts and perspectives of globalization generally and explains Africa’s current and anticipated position in the global economy. The chapter further enumerates and fully explains the economic and business strategies that are necessary to increase the competitiveness of African economies in the global markets. By increasing Africa’s competitiveness, the continent will become an attractive business region for the urgently needed foreign direct investments.

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