A portrait of the new black South African middle class by Saskia Vredeveld. Multimillionaire entrepreneur and Felicia is living and working in South Africa and the United States. She is seen by young people as role models, a black girl from Soweto that her dream has successfully realized. Millionaire Richard is assimilated and living in a predominantly white, gated community. The government policy of positive discrimination, he is a businessman with prestige and wealth has become. Vusi Real Estate Millionaire in the making industry has developed from street kid to a man of property who would rather continue to live in Soweto. How do they live as new realms in South Africa? Production: N. Room.

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Post tags: Africa, Entrepreneur, Middle class, South Africa, Soweto

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A video shot in Nigeria also gives us a look into the live of middle class Nigeria

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Post tags: Africa, Africaine, Afrique, business, Business and Economy, Classe Moyenne, Cote d'Ivoire, Kenya, Middle class, Nigeria

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Essence Magazine

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Post tags: Black hairstyle, Black Us Culture, Black women, Body, Essence magazine, Middle class, Queen Latifah

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Post tags: Africa, Aid, Chad, Congo, Famine, Growth, Middle class, Nigeria, obam, Politics, progress, Rebirth, Renaissance, Rwanda, Savage, War

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With more than 900 million consumers, the continent of Africa is one of the world’s fastest growing markets.

More @ Africaunchained.

Purchase it on:
Amazon.fr

Amazon.jp

Amazon.co.uk

Amazon.ca

Amazon.de

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Post tags: African, Amazon.com, BBC Africa, consumers, Ebay, Economist, IHT, Loreto, Middle class, New york times, Paypal, Peru, South Africa, Trends

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Editor’s note:Originally posted on October 20 2007

The world is flat 3.0-

According to the author of the book,the flattening of the world presents us with new economic opportunities,new challenges,new social networks. We as young African adults will have to work harder,smarter and faster to make sure that more of us are able to connect ,collaborate,and most importantly innovate thus be able to derive all the benefits such attitude can offer.

He goes on saying that globalisation 3.0 is going to be driven more and more by non western companies , and non white group of individuals.Will African companies and young sheetahs be part of the group determining global economic growth ?

If African companies and individuals are to play their part in this ,it will come down to the perspective and predispositions that they carry around in their head.They are very important in shaping what an individual/company sees and what an individual/company does not see.
African countries,its people and business leaders have to be honest with themselves and examine clearly where they stand in relation to other economies and in relation to the ten flatteners.
Some African economies already practised this ,Ghana ,Rwanda ,Angola ,Mozambique, Mauritius, Morocco,Botswana,Namibia,Uganda,South Africa , are seeing the fruits of their self analysis. The other economies need to practise some introspection,like drunks do,because to get back on their feet, they have to learn to see themselves as they really are.

The key factors in explaining why some countries are able to move forward are , the country culture and values, such as HARD WORK,THRIFT,HONESTY,PATIENCE and TENACITY,as well as the degree to which it is open to change,new technology and gender equality. Another[ key factor] is to what degree is there a sense of SOLIDARITY and a FOCUS on accumulation of wealth and development,to what degree is there TRUST,to what degree are the financial,intellectual,sexual, ELITES concerned with the masses and READY TO INVEST @ HOME.

THREE BASIC THINGS:
1)Right infrastructures to connect more people with the flat-world platform,in the form of,cheap internet bandwitdth and mobile phone,to modern airports,well maintained roads, and seaports.

2)Right educational system to get more innovation and collaboration

3)Right fiscal policy ,rule of law and efficient bureaucracy

Key terms:
Outsourcing-Offshoring-Uploading-supply chaining-Insourcing-Digitization-Virtualisation.

Interesting facts:
-Total global internet usage grew 186 percent in Africa.Google[Nyse:GOOG) AMD[Nyse:AMD],HP(Nyse:HPQ) moving in these markets should be an hint that Internet usage in African markets is about to enter a new phase.
-HP is the largest IT company in South Africa

-Tolerance breeds trust and trust is the foundation of inovation and entrepreneurship.

-Culture is not wired in the DNA,its a product of context,geography,education level,leadership,and historical events.
- Middle class is a state of mind ,not a state of income.
- In societies that have more memories than dreams,too many people see dignity,self-worth by chewing on the past,usually not a real past but an imagined and adorned past.

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Post tags: Africa, Behaviour, Borders, Brainpower, CultureINternet, Distance, Ease of doing Business, Economic, Economic growth, Education, Egypt, Emerging markets, Flatteners, Gap, Global brain, Google, Growth market, HP;AMD, Human ressource, iNformation Age, Ingeneering, Intellectual, Internet, IT, Microsoft, Middle class, Morocoo, New customers, Nigeria, Online, Operations, Revolution, Skills, Social networks, South Africa, TelecommunicationGrowth rate, The World is Flat, Trade, Usage

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The Shanxi Tianli Enterprise Zone(in Mauritius) is arguably the most revolutionary of the five,two hours(away) by plane from the mainland it will also provide a hub for African business people seeking Chinese goods, sparing them the journey to Beijing.

Chinese companies understand that Africa is a big market in the future. They want to get there as early as possible for [best] advantage.

China Development Bank is one of the main financier of the project. [FT]

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Post tags: Africa, China, China-Africa, consumers, manufacturers, market, Middle class

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The question africaincorp would like to raise is, what do entrepreneurs,small and medium sized businesses in Africa have to sale to this mass of consumers. To be able to sell 1 dollar worth of merchandise,good or service to each one of them would generate annual sale of 200 millions by 2010.
The question remains what do we have to sale to Chinese consumers ?

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Post tags: Africa, Ahina-Africa, China, consumers, manufacturers, market, Middle class

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