Download Africans Investing in Africa: Understanding Business and by Terence McNamee, Mark Pearson, Wiebe Boer (eds.) PDF

By Terence McNamee, Mark Pearson, Wiebe Boer (eds.)

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The advantages of scale and of logistical nimbleness helped the Wangara to overcome potentially devastating disruptions to trade. The preeminent lesson here is that versatility confers flexibility, which in turn can both enhance commercial expansion and give merchants a platform to escape the risks of large-scale trading. 26 Information came through political contacts and insiders and through participation in the politics of host communities. 28 In the process, the Wangara built what one might call an early example of an African private-public partnership in the interest of commercial consolidation and expansion.

This led them to establish, as they did in the Senegambia region, several trade settlements on the northern frontiers of the Akan area, where Wangara kinsmen settled to coordinate exchange and smooth over challenges. 33 The trade settlements were a pillar of support for Wangara business activities in four specific ways. Firstly, being situated in the local Akan milieu, the Wangara settlers provided the itinerant Wangara gold and salt merchants with lodging and logistical services during their trading trips.

Pdf. ‘Increasing the formalization rates of small firms is unlikely to offer governments a substantial new source of revenue in the short run’ (p. 10). 11. pdf. 12. pdf. 13. pdf.

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