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I asked about a month ago what business one can start in Africa and the above were suggested.I would love more suggestions to the above.

2007-07-16 02:58:31 · 2 answers · asked by Anonymous in Business & Finance Investing

2 answers

Let's start with the basics.

Which "African" language do you speak ?
There is no point in attempting to operate in a country where you do not speak the local native language(s).

Which "African" legal system have you studied ?
There is no point in attempting to operate in a Country where you do not understand the local legal system.

What experience do you have running a Buniness ?
What financial resources do you have ?
Unless you already run a successful business in UK, your chances of operating abroad are minimal = it is highly unlikely that Banks etc. will lend money unless you already have a 'track record' of running a successful UK business.

2007-07-16 23:45:09 · answer #1 · answered by Steve B 7 · 0 0

You insist on refering to Africa as if it were a country it is a continent. Establishing a business on the African continent is not easy as there is a huge amount of bureaucracy and bribery in most African countries. I would need to know which country you are considering then perhaps I could help as I have business interests in an African country.

2007-07-16 10:14:42 · answer #2 · answered by katerschenko 3 · 1 0

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