Africa is the second-largest continent and is composed of 55 countries. The founders of Strategy Africa, Inc. Hon. Jackson K. George, Jr is a strong believer that the continent can be competitive. Across the continent, it is estimated that 319 million people are living without access to safe drinking water, 695 million people are living without basic sanitation access, only 34 percent have road access, and 620 million people don’t have access to electricity (sub-Saharan Africa).
These insufficient infrastructure networks across the continent have limited cross-border flows of trade, capital, information, and people, drastically affecting Africa’s growth and broader development performance and regional integration.
Africa's 1.341 billion people belong to more than 3,000 different ethnic groups and speak more than 2,000 languages. After many years of colonial rule, most African countries achieved independence by the end of the 1970s. Today, many countries in Africa face major problems, from famine and drought to economic hardships to epidemics of AIDS, cholera and other diseases. Ongoing local conflicts have also killed thousands of people and hampered the economic progress of African countries.
Africa is home to the mighty Sahara Desert -- the world's largest desert -- which covers nearly one-quarter of the entire continent. It's also home to the world's longest river, the Nile.
The descriptions above provide great potential for business opportunities on the continent. Transitioning to the Africa we want is an objective that can be met, so, how we harness these opportunities will set Africa apart.
Africa is making steady progress in building the critical infrastructure for sustainable and resilient development. Achieving Sustainable Development Goals (SDGs) must be seen as a process but must be accelerated by member states. The African Continental Free trade Area (AFCFTA) is paramount to economic growth and development on the continent.
Strategy Africa helps businesses undertake reforms to improve macroeconomic management and development. We examine the key opportunities as well as the challenges and provide informed answers to effectively and efficiently improve your systems.