A Venture in Africa: The Challenges of African Business by Andrew Sardanis

By Andrew Sardanis

A bright own historical past of the a global enterprise profession. A enterprise in Africa takes the reader throughout the twists and turns of doing company with African states and leaders within the turbulent Seventies and later. Drawing on his lengthy adventure of contemporary Africa and foreign enterprise, Sardanis portrays the crises, mess ups and personalities he has encountered within the continent. He exhibits how the previous Africa of corruption, despotism and nepotism is being changed through a brand new Africa within which a emerging new release of commercial leaders is rising -- with useful technical abilities and unfastened from the post-colonial mentality. A highly fascinating and pleasing tale which exhibits that Africa, regardless of the undesirable press, provides an immensely vital and a wealthy resource of industrial possibilities for the winning businessman.

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But America did not listen and the raids on Cafunfo carried on. After one particularly fierce battle UNITA guerrillas blew up millions of dollars worth of equipment, killed several workers and captured 77 of our Filipino employees and marched them to Savimbi’s headquarters near the Caprivi Strip in Namibia, a journey of some 1000 kilometres, where they were released to the South African authorities. They arrived well and healthy despite their ordeal. We repatriated them, but many of them came back again.

As oil was never discovered, this promise was never put to the test, but the abortive venture cost millions. The Transafrik planes would, at our expense, fly building materials from South Africa and furniture and carpets and everything that was needed to build and equip luxury villas in those highly unstable areas. But the Fuehrer would become unstoppable. *** At some stage the Philippines appointed the Fuehrer as its consul in Angola, obviously because as our local manager he was in charge of all the Filipinos in that country.

Other Liberian products included diamonds, coffee and cocoa, palm oil and sugar cane, all of which generated substantial exports. Citibank and Chase, the two prominent American international banks then and now, were the main banks in the country. We concluded the deal and reaped good profits from Libtraco for a few years. But the inevitable had to happen. The discontent of the local people encouraged Doe’s coup, which was followed by atrocities, including many executions of prominent citizens on the beach, near the barracks of Monrovia.

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