Africa – Opportunities and
the 2nd of April the Africa
Business Club had the great pleasure to hold its inaugural event and to
the participants around the theme of the opportunities and perspectives
doing business in Africa. The ABC hosted remarkable guest-speakers for
occasion: Yves BROSENS and Serge NAWEJ, lawyers at DLA piper, Alassane
NDIAYE, professor of transport, logistics and supply chain management
and Christina M. HAWLEY, managing director for new countries at JUMIA.
provide the assembly with a thorough expertise on the current situation
Africa relative to the different sectors. The event ended with a
dinner, which gave the participants the chance to meet with each other
discuss on their common interests.
of the assembly
Club was proud to welcome various people from different companies and
than 150 interesting persons registered. The walking dinner was a great
of exchange, as interesting and ambitious people such as managing
CEOs, senior consultants, Vice-Presidents, Owners and a wide variety of
positions constituted the assembly. People working at Siemens,
of New-York, Accenture, EY, IBM and BNP Paribas Fortis were present.
participants got the chance to meet high skilled people coming from
from diverse sectors. People coming from consulting, IT, banking,
and retail constituted 50 % of the assembly. The Club also welcomed law
telecom companies, energy and resources companies and other types such
(Michel Cincera – Professor of Economics at Solvay Brussels School)
with its growing and young population (second largest population in the
its increasingly significant middle classes (35% of the population in
the availability of technologies such as the mobile payment systems,
encompasses promising and accessible consumption markets. However,
still many issues to address such as tariff barriers, corruption,
instability, lack of a skilled workforce and infrastructure gaps.
Ndiaye (Professor of transport, logistics and supply chain at Solvay
his presentation, Pr. Ndiaye pointed out that although many Sub-Saharan
countries have made progress in improving their infrastructure over the
fifteen years, much has still to be done to decrease transport costs,
up production for landlocked countries and to facilitate intra-African
Nonetheless, adequate infrastructures will not be sufficient without an
regulatory framework, and an adaptive and high skilled labor force.
Brosens & Serge Nawej
Piper is a global
law firm with more than 4000 lawyers in more than 30 countries in the
world, helping companies doing business.
and Serge told us
about a wide variety of business opportunities in Africa. To give us a
business outlook, they analysed the legal considerations and challenges
may face while doing business in Africa. Which legal structure for your
business? Is Mauritius a good location for your investments? Which
should you trust? They provided answers to many questions one may face
entering the African market. No doubt you should have heard this!
is an American
e-Business company employing 3000. It is the leader of the online
in Africa operating in Egypt, Angola, Tanzania, Cameroon, Morocco,
Ghana, Uganda and Ivory Coast.
digital market is
currently offering a lot of business opportunities. Jumia is exploiting
opportunities in Africa. In this regard, Christina told us about the
users trend, the smartphone penetration and the growing population in
provided us with a wide analysis of the digital African market, its
opportunities and its needs. Inspiring!