Africa’s Outsourcing Boom: Young Talent Fuels Industry Growth
Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit. The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling international outsourcing contracts – is set for exponential growth. […]
Dig Deep to Aim High: How to use Mining to Unlock Mauritania’s Potential
These are exciting times in Mauritania. This nation connecting West and North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani announced he would scale up the mining industry if re-elected. Here is the African Development Bank’s take on […]
Stay Compliant, Avoid Penalties: GroConsult Tax, Payroll & Statutory Filing Services
Running a successful business in Africa requires focus on your core operations. But navigating the complexities of tax and payroll regulations can be a significant time drain and a potential minefield of legal repercussions. GroConsult: Your Partner in Compliance At GroConsult, we understand the challenges businesses face when it comes to tax, payroll, and statutory […]
GroConsult Crowned as Consulting Firm of the Year at the 10th Business Executive Excellence Awards 2024
We are thrilled to announce that GroConsult Management Consortium has been named the Consulting Firm of the Year at the prestigious 10th Business Executive Excellence Awards 2024. This remarkable achievement is a testament to our unwavering commitment to delivering exceptional services and driving the success of our clients across Africa. The Business Executive Excellence Awards, […]
Unlock Your Business Potential in Africa with GroConsult’s Comprehensive Solutions
Africa is rapidly emerging as a focal point for global business expansion. With its rich natural resources, burgeoning tech ecosystems, and dynamic markets, the continent presents a wealth of opportunities for investors, contractors, and consultants. This demand is driven by the influx of foreign investors, contractors, and consultants seeking to capitalize on the continent’s vast […]
AfDB President Adesina looks back after eight years at the top
Akinwumi Adesina wants one of the legacies of his tenure at the African Development Bank to be Africa’s own credit rating agency, run from the continent. He tells Chris Bishop why. He’s had his critics over the last eight years, but you could never really fault Akinwumi Adesina for a lack of passion and resilience. […]
5 Challenges of Entering a New Market and How to Overcome Them
Expanding your business into a new market is an exciting opportunity for growth and increased revenue. However, it comes with a unique set of challenges that can be daunting for even the most experienced companies. Successfully navigating these challenges requires strategic planning, local expertise, and effective resource management. Here, we explore five common challenges businesses […]
Ghana Stock Exchange reaches record GH¢80billion market capitalization
In April 2024, the market capitalization of the Ghana Stock Exchange (GSE) surged to an unprecedented GH¢80.20 billion, marking a significant milestone. This remarkable increase was driven by substantial gains in the share prices of various companies, underscoring the positive market sentiment and bolstered investor confidence. As outlined in the GSE’s April 2024 Summary of […]
Economic resurgence in Côte d’Ivoire: How GroConsult’s Strategic Role is Leading the Charge of Business Expansion in Africa.
As Côte D’Ivoire emerges from a period of economic turbulence, the nation’s rebound signifies not just a triumph for its local industries, but also a beacon of opportunity for global businesses. This resurgence is characterized by robust economic policies, increased foreign investment, and a dynamic entrepreneurial spirit. For companies looking to expand their footprint in […]
Côte D’Ivoire Bounces Back
The West African country looks to sustain growth based on rising productivity. Côte d’Ivoire, the world’s top producer of cocoa and third-largest supplier of cashews, enters the new year with optimistic growth expectations. The World Bank projects a GDP growth rate of 6.5% in 2024 and 2025, while the International Monetary Fund (IMF) anticipates similar […]