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:

Africa:   Towards a Functioning Military Staff Committee of the AU (analysis)
Institute for Security Studies
25 May 2015

The African Peace and Security Architecture (APSA) has been the defining project of the African Union (AU). The architecture, a set of diverse yet harmonious mechanisms for conflict prevention, ... [read more]

Nigeria:   Oil Marketers, Govt Agree to Restore Fuel Supply (news)
Premium Times
25 May 2015

Hope that Nigeria's fuel crisis, which virtually shut down the entire economy, may soon be over, beckoned Monday after the Federal Government and oil marketers agreed to work towards the immediate ... [read more]

South Africa:   Fynbos Soil Could Provide New Antibiotics (news)
News24Wire
25 May 2015

New research from Stellenbosch University says bacteria-rich fynbos soil could bolster the battle against disease with its own unique antibiotics. [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!