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:

Sudan:   More Students Join Islamic State in Syria, Iraq (news)
Radio Dabanga
31 August 2015

For the third time this year, a group of Sudanese students have left the country to join the Islamic State (IS) in Iraq and Syria. The four women students left Sudan via Khartoum National Airport, El ... [read more]

Africa:   African Languages Need to Evolve (blog)
Waza
31 August 2015

The language we use reveals our attitudes, particularly when it comes to the handicapped. Waza blogger Jera feels that vernacular languages should evolve to reflect new sensitivities. [read more]

Nigeria:   Naira Falls As Hajj, School Fees Payment Fuel Demand (news)
Vanguard
1 September 2015

The naira depreciated by N5 to N220 per dollar yesterday in the parallel market as dollar demand to fund Hajj pilgrimage and payment of school fees increased demand for the United States currency. [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...