@BdAfrica

GHOSH: Lessons from Singapore on growth for local firms - 6 months ago, 19 Aug 18:39

By: Rahul Ghosh

While the operating contexts are different, we hope to be able to share and bring to Africa Singapore’s experience in developing our economy, and exchange the expertise and knowledge of our companies.

The economic and development needs of Africa are similar to those of Asia. Made up of 54 states, Africa requires a tailored approach much like the 48 nations in Asia. Singapore shares its lessons to drive Africa’s economic transformation.

The Africa-Singapore relationship is on the up. Trade between the two regions stands at $7.15 billion. This presents opportunities for both African and Singapore companies to develop new capabilities, create innovative solutions and produce scalable business models which can then be replicated in both markets.

As the fastest growing region on the continent, East Africa’s future will be an interesting one to watch.

Our government agency, Enterprise Singapore, under Singapore’s Ministry of Trade and Industry, is responsible for growing Singapore enterprises locally and ...
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Category: business news lifestyle

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