Get Entrepreneurship in Africa: A Study of Successes PDF

By David S. Fick

ISBN-10: 1567205364

ISBN-13: 9781567205367

Who're the marketers who've completed good fortune, wealth, and popularity of their African homelands, and the way did they do it? Entrepreneur Dave Fick interviewed numerous hundred men and women who have been prepared to imagine dangers, usually striking ones, for private fiscal gain—but who did it legally, ethically, and who're now giving again to their countries and societies no less than up to they got. They communicate overtly in their hardships and screw ups, what they did correct and what they did improper, and their debts are amazing. We achieve perception into the way in which company has to be performed lower than harsh political and fiscal situations, yet we additionally examine strange thoughts and methods that others in additional favorable milieus can use to complete comparable feats.With commentaries from striking students and different businesspeople and with Fick's personal first-hand onsite observations, the e-book is a self-educating colloquium, a set of non-public conferences, bills, letters, emails and cellphone calls among Fick, his opposite numbers in Africa, and others worldwide. it's also an try and motivate a discussion that might speed up the trade and unfold of information and concepts, and how to aid the folks of Africa construct a relaxed and higher society for themselves and the area.

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They are Africa’s engines. GHANA Ken Ofori-Atta was born in 1959 and grew up in the small town of Kibi, later moving to Accra, where he had his secondary school education at Achimota School. He studied economics at Columbia University in New York before joining Morgan Stanley in 1984. Later he earned a master’s degree in business administration at Yale University and worked in corporate finance and Mergers & Acquisitions for Salomon Brothers. In 1990 Ofori-Atta left Wall Street and returned to his native Ghana to found the country’s first investment bank, Databank Financial Services Limited Ghana, which provides a variety of services in corporate finance, stock bro- Nigeria and Ghana 25 kerage, privatization, and portfolio management.

Now he is a successful businessman who travels around the world promoting kente and other Ghanaian crafts. For over 20 years he has used his knowledge of kente and international trade to provide steady employment for the kente weavers of Wonoo and surrounding areas. He built a workshop and equipped it with weaving looms and electrical lighting, so that weavers can work in fair and rainy weather. The infusion of steady incomes into this community has helped the residents build houses, churches, and a community center and pay their children’s school fees, among other things.

His goal is to transform Databank into a regional financial services firm in West Africa. com. Quaynor saw what modernization could do when he went to study computer science in the United States. But when he returned home in 1969 to spread the technology gospel, he was too advanced. Computer science was too new. Twenty-four years later, Quaynor finally hooked his country into the Web. In 1993 his company brought the Internet to West Africa, and in 1995 Ghana became the second subsaharan nation to have full connectivity.

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Entrepreneurship in Africa: A Study of Successes by David S. Fick

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