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Doing Business in Africa Quotes

  • "After Asia, Africa is the fastest-growing continent in the world right now, and it’s largely due to China."
    Thomas Barnett (1962–), US geostrategist and author
    Source: “When China Ruled the World,” Esquire (January 2011)
  • "Multinational organisations and those governments truly concerned about Africa should be directing all their efforts to creating and supporting a … policy of real diplomatic sticks and large economic carrots untainted by protectionism."
    Nicky Oppenheimer (1945–), South African chairman of De Beers
    Source: Speech, Southern Africa Business Association, London (June 26, 2000)
  • "International finance is always looking for new opportunities. The challenge for Africa is not just to be attractive to traders and investors, but to offer opportunities which are more attractive than anywhere else in the world."
    Peter Hain (1950–), British politician
    Source: Speech, Challenges for Governance in Africa Conference, Wilton Park, England (September 13, 1999)
  • "If you look at Malaysian companies, they are not investing in Europe or the United States, they are investing in African countries, high-potential countries, where they can transfer their expertise."
    Raphael Auphan, French business executive
    Source: Quoted in the International Herald Tribune (Paris) (November 4, 1997)
  • "Here, in this realm of the spices, a market price was being created—a set of fiscal frontiers within which to reach a consensus. It was the language of the stock exchange … and it was the bourse which had obviously imitated the ways of the souk."
    Douglas Kennedy (1955–), British writer, journalist, and playwright
    Describing bartering for spices in the Casablanca souk.
    Source: Chasing Mammon: Travels in the Pursuit of Money (1992)
  • "One of the principal reasons why genuine industrialization cannot easily be realized in Africa today is that the market for manufactured goods in any single African country is too small."
    Walter Rodney (19421980), Guyanese historian and political activist
    Source: How Europe Underdeveloped Africa (1972)
  • "We face neither East nor West; we face forward."
    Kwame Nkrumah (19091972), Ghanaian president
    Source: Speech (April 1960)

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