Doing business in Africa? Connect with us.
Doing business in Africa?
Africa is receiving unparalleled attention from large global companies, with substantial opportunities in oil & gas, mining and agriculture closely followed by consumer driven demand in the areas of consumer products, telecoms, financial services, information technology and others.
With the increased focus on the continent, it is now critical that companies looking to expand across Africa are enabled to identify and capitalise on opportunities.
Through the Africa Business Center™, we can enhance the focus on Africa by drawing upon our global and local knowledge to retain the confidence of investors, manage risk, strengthen controls, and assist in sourcing opportunities to achieve your potential. The key element of our Africa Business Center™ is our ability to coordinate our resources across Africa in a manner that provides the client with a 'single point of contact'.
Africa by numbers
Whether entering into or expanding across Africa, we believe it is critical to develop a structured analytical framework for prioritising markets into which to expand and for assessing different strategic options. Too often, we have found that thinking on Africa generally and on specific markets is based on ill-informed opinion – either unduly pessimistic or overly optimistic – and completely divorced from current realities. We therefore stress the importance of having fact-based conversations about Africa, informed from a basis of rational analysis rather than anecdotes and conjecture. Read more
Repositioning the South African investment case
Ernst & Young's Africa 2012 attractiveness survey provides evidence of the growing interest in the African continent as an investment destination and place to do business. The research shows that foreign direct investment (FDI) projects into Africa have grown at a compound rate of almost 20% between 2007 and 2011. This trend continued last year, with projects increasing at a rate of 27% year-on-year. Equally importantly is the increase of Africa's global share of FDI from 4.5% in 2010 up to 5.5% in 2011 to all new FDI projects globally. In this context of increasing interest and investment into Africa, there appears to be a growing perception that South Africa is losing ground, both in terms of its status as a so-called 'gateway' to the rest of Africa and in terms of competition for FDI. Read more.
The Ernst & Young Africa Business CenterTM is supported by a network of professionals across Africa and in key investor markets such as China, India, the Middle East, the United Kingdom, Europe and the United Sates. This network includes experienced sector professionals who are intimately familiar with opportunities and trends in their sector across the continent, as well as knowledge professionals whose research insights are invaluable in considering new markets.
Growing Beyond BordersTM
To further support our activity on the continent and in strategy co-development with businesses, we have developed a dedicated, interactive tool, for doing business in Africa and across the globe.
Growing Beyond BordersTM is an EY developed and owned software that visually maps data through the lens of the world's geography, in a highly intuitive manner. It helps to navigate the challenges and opportunities in doing business across the globe. Publicly available data is depicted in heat maps, competitive footprint views and comparison tables across the map, to help companies make business decisions and grow beyond their current borders.
Africa Attractiveness Survey 2013
Africa’s rise over the past decade has been very real. While skeptics still abound, and there are people who still seek to debate the point, the evidence of the continent’s clear progress over the past decade is irrefutable. Read more.
Africa by numbers
Whether entering into or expanding across Africa, we believe it is critical to develop a structured analytical framework for prioritising markets into which to expand and for assessing different strategic options. Too often, we have found that thinking on Africa generally and on specific markets is based on ill-informed opinion – either unduly pessimistic or overly optimistic – and completely divorced from current realities. We therefore stress the importance of having fact-based conversations about Africa, informed from a basis of rational analysis rather than anecdotes and conjecture. Read more.
Unlocking value in Africa
In the current global economic context, it would be difficult to find an alternative investment destination that offers 10 to15 years of sustained economic growth off a platform of ongoing political and socioeconomic reform and progress, a diverse group of fast-growing economies and profitability levels and rates of return among the highest in the world. Read More
EY's 2012 attractiveness survey - Africa
Africa's time has arrived. The second edition of Africa Attractiveness covers foreign direct investment, perceptions, key challenges and opportunities to unlocking value on the continent. Read more in the Africa Attractiveness Survey
Women of Africa
A powerful economic force for the continent. Read more.
Africa Attractiveness Survey
See why Africa is attracting more new businesses every year. This Ernst & Young survey covers all the points you want to know about doing business on the continent. Read more in the Africa Attractiveness Survey
Africa oil and gas: a continent on the move
Oil and natural gas development will continue to play a vital role in Africa as many African economies are resource dependent. Read more in Africa oil and gas: a continent on the move
Eye on Africa, Volume 4, August 2011
It has been more than a year since the 2010 FIFA World Cup South Africa, the global economic recovery is taking shape with Africa maintinging an upward growth curve. Find out on Nigeria and Gabon as investment destinations, more on our africa Attractiveness Survey and why Africa is the next big frontier for Indian companies. Eye on Africa vol 4 Eye on Africa - Volume 4
Eye on Africa, Special Edition, December/January 2011
Please enjoy our Special Editon on the Africa's growth—and see how you can write yourself into the African growth story. Read more in Eye on Africa - Special Edition
Eye on Africa, Volume 3, March 2011
This issue covers investment opportunities in Kenya, a review of the Islamic finance industry, the results of the 2010 World Entrepreneur Awards and why Africa is still golden in the Mining & Metals sector. Read all about it in Eye on Africa - Volume 3
Eye on Africa, Volume 2, September 2010
Read our coverage of investment opportunities in Zambia, Uganda as an investment destination, see what Peter Matlare, CEO Tiger Brands, has to say, plus more. Click here to read Eye on Africa - Volume 2
Eye on Africa, Volume 1, March 2010
We put forth our views on Africa's risk environment in 2010, investigate why one might invest in Zimbabwe, and ask "Beneficiation: Who should lead the charge?" Read about it in Eye on Africa - Volume 1
How to write yourself into the African growth story
After decades of false starts and turmoil, most African countries experienced steady reform, growth and development over the past fifteen years. Read more.