By Rachel Balsham, WG’12
It’s easy to look at Africa and see nothing but challenges. But it’s getting harder to ignore the promising opportunities and success stories. In the last decade, 17 of the 40 fastest growing countries were in Africa. Over that period, the continent’s GDP grew 66 percent. With the ousting of Ben Ali, Mubarak, and Gadhafi, and the likely ripple effects elsewhere in the continent, there is cause to believe that political risk may shrink as a deterrent to investment.
In November 2012, the Wharton Africa Business Forum (WABF) welcomed hundreds of students, professionals, scholars, and business leaders to share insights and experiences about business in Africa. Participants in past conferences recognize WABF as an event that takes the discussion beyond familiar questions of whether and why to invest in Africa and dives into explorations of innovation and operation already taking place. WABF highlights the successes and challenges of growing enterprises, serving African consumers, and the changing business climate.
This article originally appeared in the Wharton Journal, October 31, 2011.
Read the full story: A Look at Africa Beyond the Turmoil