“Identify the three main constraints on the private sector in Africa.” This exercise, conducted at a working session of the Kichuguu Investment Forum (KIF) on Monday in Changsha, Hunan, saw some interesting perspectives emerge. The fifty participants at this session discussed challenges and the transformation needed to shift the investment rules of engagement on the continent, and bring more industrialization opportunity.
Kichuguu proposed four industrial clusters for which are trade and logistics, export processing and business support: 1. Logistics Industry Cluster: transportation, bonded warehousing, logistics and distribution; ( Preferred Dar es salaam Port) 2. Business Industry Cluster: bulk bonded goods transactions, merchandise display, duty-free merchandise retail; ( Extension of 1 above) 3. Business Support Cluster: financial services, information services, hotel dormitories, offic
Technological and economic changes have created new opportunities in small-scale manufacturing, presenting a chance for communities to make progress on several important economic development issues. Small-scale manufacturing can grow local entrepreneurship and small business, develop or enhance new and existing economic sectors, and revitalize towns and business districts
Four lessons from China’s solid performance during an extraordinary year. 1. Faster than a speeding virus 2. Standing on the shoulders of giants 3. Going further together 4. Advanced technology to the rescue