Opportunities, Challenges, and Risks: The African Business Environment

Franklin Ngwu (), Okey Nwuke () and Emeka Agu ()
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Franklin Ngwu: Lagos Business School, Pan-Atlantic University
Okey Nwuke: Lagos Business School, Pan-Atlantic University
Emeka Agu: Lagos Business School, Pan-Atlantic University

Chapter 2 in Sustainable and Responsible Business in Africa, 2024, pp 11-39 from Springer

Abstract: Abstract This chapter examines the opportunities, challenges, and risks in the post-pandemic African business environment. The top ten risks faced by businesses in Africa and practical measures to manage the risks and challenges were examined. Case studies were used to illustrate risk management and opportunity maximisation in the African business environment, focusing on the Rwandan tourism industry, Nigeria’s Dadin Hausa Dam/Olam Rice Farmland, and Libya and Nigeria’s Crude Oil Underproduction. The chapter provides insights into what can be done to mitigate the risks and challenges so that the opportunities can be better harnessed for more sustainable growth and development in Africa.

Keywords: Risks; Opportunities; Africa business environment; Post-COVID-19 pandemic; Russia/Ukraine War; Africa leaders (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-35972-9_2

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DOI: 10.1007/978-3-031-35972-9_2

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