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Economic Viability

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Submitted By arevans
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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 invest in companies that are willing to fund education and training initiatives. In order to promote a modern and technologically astute business climate, an educated workforce must come along with it. Higher education levels add value to the nation’s human capital and tremendously increases productivity. The productivity of the people in an economic region improves living standards, raises incomes, increases individual purchasing power, provides for better housing, additional education opportunities and the ability for individuals to contribute to social and environmental programs.

To conclude investors should become familiar with the countries policies to assure they are conducive to growth. In addition the investments should be given to companies that are socially conscience. Those companies value the environment, the people and the region. Careful investment into Africa’s future can have a positive impact on Africa’s economic, environmental, and social ills. Hopefully, success in countries that have a stable government and economy can be a model for other countries that face similar challenges.

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