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:

Lesotho:   Region Steps In Over Lesotho Security Crisis (news)
SAnews.gov.za
4 July 2015

Pretoria - SADC leaders who sit in the Troika of Heads of State and Government have approved the establishment of an oversight committee to assess political stability in Lesotho. [read more]

Africa:   Could Africa Blaze the Trail on Climate? (analysis)
South African Institute of International Affairs
3 July 2015

Ahead of the UN Conference of Parties (COP 21) meeting in December 2015, which it is hoped will deliver a universal, legally binding climate agreement to succeed the Kyoto Protocol by 2020, Paris is ... [read more]

Africa:   How Africa Can Overcome Being Marginalised in the Global Economy (analysis)
The Conversation
2 July 2015

One of the challenges facing African countries is that the global environment is rather unfriendly. This hampers their efforts to gainfully tap into global markets. [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!