CIOs drive expansion into Africa
South African companies are finding innovative ways to work around the ICT challenges they face as they expand into the rest of Africa.
01 November 2011
The scramble for Africa is underway. With annual economic growth averaging 5.4 percent between 2000 and 2010, and a middle class that has swelled to more than 300 million people, the continent has become irresistible for companies around the world that are looking for new markets.
Foreign direct investment into sub-Saharan Africa this year is likely to touch a record high of $40 billion, according to stats from the World Bank. South African companies are jostling against Chinese, Indian, American and European rivals to get a piece of the action.
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