Beyond Consumerism

From Emergent Africa Sun Dec 30 2012, 06:00:00

Jennifer Ehidiamen writing in Ventures Africa:

Africans are often regarded as big consumers and small producers, even though the continent is rich with natural and human resources. Our capacity to consume in Africa far outweighs our local production level. We can boast of little or no industrialisation.

Instead, we import commodities that we have the capacity of producing locally and outsource challenges to expatriates rather than finding local talents to tackle them. From food to household appliances, to mobile phones, to the clothes we wear- the more we consume, the more we import. Shopping malls/retail stores are standing proudly in city centres in major countries in Africa. Displaying imported goods of all forms. Middle-income earners swipe their debit cards proudly, purchasing items regardless of whether they are at a discount or full price. Thus, the retail boom is gripping the continent and there is no doubt that intelligent investors are acting fast on the opportunity.More here

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

South Sudan:   Unity Govt Unveiled Amid Concerns (news)
Deutsche Welle
29 April 2016

President Salva Kiir has split 30 cabinet posts between his government and opposition factions. Despite the formation of the new transitional government of national unity, fighting continues. The ... [read more]

Egypt:   Court to Try Policeman Accused of Killing Tea Vendor (news)
Aswat Masriya
30 April 2016

The Cairo appeals court has set the date to try a policeman accused of killing a tea vendor earlier in April to May 14. The low-ranking policeman, Zeinhum Abdel Razek, is facing charges of ... [read more]

Burundi:   Five Killed as Mediation Efforts Delay (news)
Radio France Internationale
29 April 2016

Five people were gunned down in a bar in Burundi's capital Bujumbura, police said on Friday, the latest in a series of attacks linked to President Pierre Nkurunziza's controversial third term. ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!


Today's Featured News
Mozambique Ruling Party Faces Tough Contest

Renamo supporters: Ruling Frelimo faces a stern challenge at Wednesday's polls from...

Surge in Central African Republic Violence

African Union troops in Bangui (file photo): The UN has expressed alarm...

Nigeria, Cameroon, Ghana Get Crucial Wins

Asamoah Gyan of Ghana (file photo): The Super Eagles have boosted their...