Sectors and Their Champions

Ebimo Amungo
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Ebimo Amungo: Amungo Consulting Limited

Chapter 9 in The Rise of the African Multinational Enterprise (AMNE), 2020, pp 139-189 from Springer

Abstract: Abstract The three-sector model divides economies into three areas of activity: The primary, secondary, tertiary. The primary sector is made up of the extraction of resource minerals and the farming of agricultural commodities. The secondary sector is manufacturing, where value is added to primary products. The tertiary sectors are services. African countries have relied on their endowments in mineral resources and agricultural commodities to drive their economies but increasingly, investments made by African Lions is stimulating the growth of the manufacturing and services sectors. Already, African Lions have taken commanding positions as leaders and sector champions in the African market place.

Date: 2020
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DOI: 10.1007/978-3-030-33096-5_9

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