Economic Viability

In: Business and Management

Submitted By arevans
Words 435
Pages 2
Ashley R Evans

Improving Economic Viability on the African Continent.
Investment in African nations can result in large returns. An objective review of available resources and business opportunities can have many benefits for investors and the economic region. Historically, investors have viewed African countries to be riddle with conflict and economic instability. This has resulted in sagging economies on the continent. As we move to a global economy investment in Africa nations is imperative.

In the future there will be enormous opportunities to invest in Africa which is rich in natural resources, goods and services, and agriculture. However, corruption, environmental abuses, armed conflicts, terrorist threats to foreigners and governments, prevent many African nations from thriving. Therefore, one should look for investment opportunities in African countries or regions that have sound economic and environmental policies. Good and balanced policies promote economic stabilization. This would be attractive for investors as a whole and keep the economy growing. Sound environmental policies would conserve raw materials and energy; in general, it would make the country healthier and more productive.

Secondly, investment in businesses that value fair trade would have the most beneficial results. It would have an immediate impact on the quality of life for individuals associated with those companies, both the employees and consumers. Fair trade is for equitable and sustainable wages. Cooperative organizations work with fair trade companies to develop more markets for consumers. Furthermore, it will increase the value of goods and services improve access to markets and receive benefits from an expanded economic footprint. As exports grow and trade increases African countries will experience economic growth and stabilization.

Finally, it is wise to…...

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