I've been in Africa too, no worries. But ignore the facts and keep investing! Maybe you should invest in the aria of Somalia as well - heard boat trips are killing it there!
Invest in Africa, boys!
- Thread starter sirthomas
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I've been in Africa too, no worries. But ignore the facts and keep investing! Maybe you should invest in the aria of Somalia as well - heard boat trips are killing it there!
You are all fools for believing everything the media tells you about the continent Africa. This is Nairobi, one of my favorite places in the world:
I have only been to Nairobi five times on biz, for stays of 1 or 2 weeks, and I can say without hesitation that it is an utter shit-pit and I don't care how cheap stuff is fuck going back out there ever again. Vile, hideous place (unless you like 16 year old AIDs infected hookers of course) full of useless people.
Are you the Kenyan tourism minister or something? It is far from stable and is regularly about to burst into total machete wielding chaos. Why do you think white people live in homes surrounded by high barbed wire fences, have a team of security and fucking killer dogs roaming about?
And Mombassa ... it's ok at the beach but have you been to the old town near Port Jesus? Fucking mini-Somalia !
I found Rwanda far more peaceful and maybe also Uganda. Tanzania was shit.
Africa ... just stay away and send someone else in there to do the work.
Pewep please comment on this:
Politically stable while facing a 40% unemployement rate.
Everybody who's been in Africa will tell you the same story. You simply cannot do business there longterm if relying on locals.
Politically stable while facing a 40% unemployement rate.
Everybody who's been in Africa will tell you the same story. You simply cannot do business there longterm if relying on locals.
That slum is called Kibera, and it's about 1 million people deep. Most of Africa is like that, not like those nice pics of Nairobi. And even in Nairobi, there are tons of street kids, gangs, diseases, crime, etc.
Yeah, Kenya is a great place to visit. But I wouldn't move there or expect it to remain stable.
Yeah, Kenya is a great place to visit. But I wouldn't move there or expect it to remain stable.
Some of you guys are being too short-sighted.
The BRICS are not dumb. If they are massively investing in there, it's because there is money to be made.
Africa has some of the top oil producing countries so there IS money. If you set up a web marketing firm in Nairobi, chances are you will make a lot of money if you play your cards right and target big firms and gov websites.
Of course it's not easy and there is corruption, but the trick is to hire an experienced local as a CEO (preferably somebody educated in the west) and let him handle all the paperwork and relationship with government officials. Just like in China. All the expats I met in China that started businesses had to hire a Chinese CEO to make it work. They all struggled to get it started but now they're all balling...
The BRICS are not dumb. If they are massively investing in there, it's because there is money to be made.
Africa has some of the top oil producing countries so there IS money. If you set up a web marketing firm in Nairobi, chances are you will make a lot of money if you play your cards right and target big firms and gov websites.
Of course it's not easy and there is corruption, but the trick is to hire an experienced local as a CEO (preferably somebody educated in the west) and let him handle all the paperwork and relationship with government officials. Just like in China. All the expats I met in China that started businesses had to hire a Chinese CEO to make it work. They all struggled to get it started but now they're all balling...
They do actually. I'm not even going to bother dignifying most of these comments with a response.
Judging from the scandals I have seen in the media, the easiest way to get rich in Africa is to swindle foreign aid monet via fake local companies.
Sarcasm aside, it's quite obvious to me that the new growth zone is going to be Africa. The chinese have it right though, as they're not approaching Africa from a white-mans-guilt perspective. They are bringing infrastructure and their own rules, instead of thinking that Africa will solve it's own problems. Not having that colonial baggage allows them to do things right.
