Summary of Africa Rising

How 900 Million African Consumers Offer More Than You Think

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Africa Rising book summary
How can you succeed in Africa? Combine entrepreneurial spirit, empathy and creativity. That should do.

Rating

7 Overall

6 Applicability

9 Innovation

7 Style

Recommendation

“We know everything about how Africans die, but we know little about how Africans live,” said Swedish author and self-proclaimed African-at-heart, Henning Mankell. This is a book about Africa, but its protagonists are not disease-ridden men and women, starving children or raging warlords. Vijay Mahajan paints a picture of a continent overflowing with entrepreneurial spirit and economic opportunity. He excitedly strings together story after story of entrepreneurial gardens planted in what looked like deserts. At the same time, he makes it quite clear that if you expect to make money in Africa simply by copying business models from elsewhere, you might as well forget about it. To succeed, you must take the time to understand how Africans live and, especially, to learn what their daily challenges are, be they economic, political, institutional or existential. Opening the door of opportunity in Africa requires just a little extra portion of creativity. Mahajan covers a lot of ground in this book. His inspiring case studies will teach you lessons about innovation and entrepreneurship that you can apply anywhere in the world. However, while this book might encourage you to plunge into business in Africa, you will have to turn to another source for hands-on advice. For that reason, getAbstract recommends this work to entrepreneurs and strategists who have not yet considered the African market – not those who are ready to go.

In this summary, you will learn

  • Why, contrary to common perceptions, Africa presents many business opportunities
  • How some companies successfully tap Africa’s diverse markets
  • How businesses, nongovernmental organizations and its own entrepreneurs can help Africa develop
 

Summary

“Inspiration Is All Around You”
In 2006, Zimbabwe’s economy was, as it remains, in tatters. Harmful domestic policies exacerbated by Western sanctions had led to hyperinflation, mass unemployment and usurious interest rates. Tourists stayed away, so the souvenir and car rental businesses...
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About the Author

Vijay Mahajan, a former dean of the Indian School of Business in Hyderabad, India, holds a chair in business at the McCombs School of Business at the University of Texas in Austin. He has written several books, including The 86% Solution.


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    Paula Hausse 2 years ago
    The summary express the real state of Africa in terms of opportunities. African Governments are dedicated and committed empower citizens (with technical skills in order to be able to explore the resources with less intervention of America and Europa. Soon the world will be concentrated in Africa at all
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    Omar Shamsaldeen 3 years ago
    very good audio book

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