More Digital Companies Invest in Africa

Africa as a region has certainly concentrated in the IT sector in the last two years because of the vast increase opportunities and continues to be bringing attention. Seagate has set its existence and investments to develop using their essential focus being Algeria, Nigeria and Kenya. In accordance with the business, Seagate began investing in station plans and individuals to expand their market presence on the other side of the continent. South Africa is just another sizeable marketplace for the firm as a result of direction and its market share in the united states.

There is a growing digital industry in South Africa and some of the other more developed nations. The improvement in both infrastructure and the availability of smart phones has boosted this sector. Although the majority of digital sales from Africa are made in the same country and continent – more and more firms are now selling globally leveraging a highly skilled work force and lower wage costs. There are now thousands of digital entrepreneurs who run their businesses online, although do to some restrictions they are often using software like this – details here, to hide their real locations.

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“As Seagate, we find tremendous potential for assorted states inside the African continent.

It’s empowered driving the increase as well as chances associated with growth of cloud.

Long term demands continues to develop quickly and fuel the interest in enterprise storage systems for scalable storage; particularly together with the increasing popularity. “In addition, the find an enormous increase in sections like company NAS and surveil, as well the enormous demand for more sophisticated consumer storage devices,” Assaf included.

Included in Seagate’s go to-market strategy their local Station Relationship Managers’ key focus will be to drive the growth of the Seagate Partner Program (SPP).

Seagate considers that investing in individuals is the key that will drive future growth.

For investors with steady nerves, the bulls say, Africa offers an opportunity to reap a better return than they would in the “old” emerging markets — an opportunity to cash on greater growth than they can expect from, say, the BRICs or the MINTs. While economic growth and a rising stock market don’t always occur in tandem, some investors see the two creating a virtuous cycle in Africa.

“We believe that Africa could be the ‘emerging market’ story of the next decade,” said Mark Mobius, executive chairman of Templeton Emerging Markets Group and manager of the Templeton Africa Fund,

Source: Technical Reference

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