n Management Today - Africa : developing strategies for a great leap forward

Volume 21, Issue 10
  • ISSN : 1027-4324



Extracted from text ... T 20 Management Today Yearbook 2006 Africa: developing strategies for a great leap forward "There is a critical need for turnaround strategies in Africa. The continent is in dire straits. "The tragedy of the African continent is that foreign derived investments are very low. The continent receives a mere 1% of global investments. That is too low to facilitate sustainable development and growth. "The result is that there are many countries on the continent that continue to live on hand-outs and foreign aid, " said Stanley Subramoney, deputy CEO of PricewaterhouseCoopers, when he addressed a media briefing ahead of ..

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