Mastering
Global
Business

Doing Business
in Africa

A unique executive program at University of Stellenbosch Business School Executive Development (USB-ED)

The economic growth of Sub-Saharan Africa has been rather stable at around 5-6 percent in the past decade, outperforming the global economy by more than 2 percent. According to the International Monetary Fund, a moderate acceleration in this growth rate is still expected for the near future.

Africa is a continent that is large enough to incorporate the landmass of China, the USA, India, Europe, and quite a few other countries. It has a population of about 1 billion people and 54 countries. Infrastructure (or the lack thereof) is a driver/constraint of business.

Economically speaking, Sub-Saharan Africa is an interesting continent for a multitude of business sectors, but the interest of individual businesses in investing in Africa is lowered due to perceptions of elevated and uniform risk. But doing business in Africa is not necessarily more risky than doing business in the better known emerging markets. Actually, this biased perception has also a positive effect, namely that fewer companies are targeting Africa, which increases the opportunities for those companies that do invest in this continent!

There are several success factors for doing business in Sub-Saharan Africa. The most important success factors are a good preparation and sound planning. This is where this program comes in.

The purpose of the executive program “Mastering Global Business: Doing Business in Africa” is to expose Chief Executive Officers and other senior executive level managers and directors from Europe to “doing Business in Africa” and give them crucial insights for success.

Mastering
Global
Business

Doing Business
in Africa

Objectives

  • To acquire practical and up-to-date knowledge about Africa’s business environment;
  • To broaden strategic insight into doing business in Africa;
  • To identify business opportunities;
  • To understand African business culture.

Framework

The program is a mix of interactive lectures and workshops lead by selected faculty of the University of Stellenbosch Business School and senior business people from companies throughout Sub-Saharan Africa.

Location

Participants will be lodged at the Le Franschhoek Hotel in Franschhoek, about 1 hour drive outside Capetown. The program will also use the conference facilities at this hotel for in-class lectures and workshops.

USB Executive Development

USB Executive Development (USB-ED), the public executive development company within the University of Stellenbosch Business School (USB), came into being in January 2001.

The company owns the executive and management development programmes of USB and is the official body that develops, launches and delivers learning interventions in the fields of executive, leadership, management and organisational development.

Le Franschhoek Hotel

Le Franschhoek Hotel is built on the site of one of Franschhoek’s original opulent country retreats. The accommodation manages to retain that old world charm of the grand old days while incorporating a simple, modern feel. All rooms reflect the contemporary styling and grace which one would expect from a five-star hotel, with elegant furnishings and gorgeous views from every room.

Le Franschhoek is ideally located in the heart of the Cape Winelands, forming the perfect base to experience the region, whether it is a round of golf at Pearl Valley or tasting the local wines.

Certificate

A certificate of completion will be issued to each participant who successfully completes the program.

When

The program runs from Sunday evening 22 March 2015 until Saturday morning 28 March 2015.

Price

€ 4.950 (VAT – exempt)
This includes tuition fees, accommodation in individual signature, en suite rooms, most meals and all local transport during the program. The price excludes transport to and from the Le Franschhoek Hotel.

Please note that places are limited to 30 participants. Early registration is advised.

Registration

To register, simply complete the registration form

Cancelation policy

The organizer holds the right to cancel the program without any obligations if less than 15 participants are registered by January 31st 2015.

Participants can cancel their registration without any repercussions until January 1, 2015. For cancelations received after January 1, 2015, a cancelation fee of 70% of the total amount will have to be paid.

Contact

Sven de Vocht
Program manager
Antwerp-Waasland Chamber of Commerce
0032 232 22 19
sven.devocht@voka.be

Mastering
Global
Business

Doing Business
in Africa

Day 1: Sunday 22 March

Arrive and settle in at the hotel. Informal get together and dinner.

Day 2: Monday 23 March

8:30 – 12:30: The South African economy within the context of Africa, the developing world and the developed world. Prof Andre Roux, professor in economics at the USB, Director of the Institute for Futures Research at the USB and author of “Everyone’s Guide to the South African Economy”.

14:00 – 17:00: Building Business in Emerging Countries and Areas – the Sanlam Story. Heinie Werth, CEO of Sanlam Emerging Markets. Sanlam is one of the largest financial services companies in South Africa. It has built a solid base in the emerging part of the South African population, and has subsequently moved into Africa and India. There are both pull and push factors driving this expansion into emerging countries, and a sound strategy was a prerequisite to avoid a mismatch between internal competencies and external needs and requirements.

Day 3: Tuesday 24 March

8:30 – 12:30: Doing Business in Africa. Prof. Eltie Links is a member of the faculty of the USB. He is also a diplomat of renown in South Africa, and serves on various boards in corporate South Africa. He has also served as South Africa’s representative at the European Union. Africa is a continent that is large enough to incorporate the landmass of China, the USA, India, Europe, and quite a few other countries. It has a population of about 1bn people and 54 countries. Infrastructure (or the lack thereof) is a driver/constraint of business. Doing business in Africa is therefore a challenge. Understanding Africa in macro context is essential for success.

14:00 – 17:00: Building markets in Africa by European Companies Corne Nel – Managing Director of Elizabeth Arden. European or Western companies see Africa as an area of growth. Africa has about a billion people and a fast growing middle class. Two companies that have seen the opportunities in Africa, include, amongst others, Elizabeth Arden and adidas. Elizabeth Arden has had to reposition itself in Africa, given that its original market was middle-aged white women in the USA. Its market in Africa is now young Black women. Their needs are vastly different.

Day 4: Wednesday 25 March

8:30 – 12:30: Business Lessons from an entrepreneurial startup in Nigeria by a South African Expatriate. Louw Burger, the CEO and founder of Thai Farm International. Louw Burger started this cassava production and processing company in 2006 with investment from Nigeria and the East. One of his largest clients purchased the majority stake in TFI in 2012. Louw will address the challenges and opportunities of starting a business in Nigeria.

14:00 – 17:00: Developing a Retail Footprint in Africa – The Shoprite Story. Photy Tzellios, the Supply Chain Director of the Shoprite Group. Shoprite currently finds itself in 17 countries in Africa. It has recognised the potential of Africa’s retail market and the promise of success hinted at by the fast growing middle class in Africa. Today, its Africa division makes a substantial contribution to the revenue and profit of the Shoprite Group. Photy Tzellios will address the issues and challenges of developing an effective and efficient supply chain into Africa.

Day 5: Thursday 26 March

8:30 – 12:30: Building a bridge between Africa and Europe – The Case of Two-A-Day. Speaker: Attie Van Zyl, Managing Director Two-a-Day and dr. Mias Pretorius, Head of Technical Division Two-a-Day. Two-A-Day has been exporting apples and pears to the European market. It has recently also started to focus on Africa, for obvious reasons. The speaker will address the difference in business model and market development strategies on Europe and Africa. The focus of this session will be the growth of a South African entrepreneurial company (within the fruit industry) in both the established European markets and the newly developing African markets.

14:00 – 17:00: Botswana as an Economic Star in Southern Africa. Speaker: Kenneth Molosi, CEO of EOH and member of the USB-ED International Advisory Board, Gaberone, Botswana. Botswana is generally viewed as politically very stable with a sound economy. Although a small economy, it provides a lot of investment opportunity. The diamond industry in Botswana is one of the largest producers of diamonds in the world. This provides the country with a major contributor of GDP. Botswana is also an attractive tourist destination given the beauty of the country’s fauna and flora. In addition, it is attracting FDI from corporations in industries such as defence and motor vehicle production. The session will deal with the economic opportunities in Botswana.

Day 6: Friday 27 March

8:30 – 12:30: Kenya as East African Business Hub. Speaker: Sam Kimani, CEO of Jamii Bora Bank and member of the USB-ED International Advisory Board, Nairobi, Kenya. Kenya is viewed as the hub of business in East Africa. It has a healthy and growing economy, and the discovery of energy sources in East Africa creates both opportunities and challenges. Its financial services industry is a healthy one. In addition, in the field of ICT and Innovation, Kenya is not only an African leader, but also a world leader. In this regard, innovations such as mPhesa have become a household name in both East and Southern Africa. Politically the region has its own challenges.

14:00 – 17:00: Building a beer market in Africa – the SABMiller story. Building a beer market in Africa – the SABMiller story. Speaker: Roark Nel, PPM SAB South Africa. SABMiller has grown from a local South African giant in 1990 to a global beer giant second to only the Belgian ABInBev. It tapped into various sources of growth on the African continent to expand its footprint. The challenges of growing this footprint will be expanded upon. In this regard, both pull and push factors will be addressed.

Day 7: Saturday 28 March

Final breakfast and Check-out of the hotel.

Mastering
Global
Business

Doing Business
in Africa

Registration

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