If you're an investor, you can consider this your official wake-up call on Africa. When companies like McDonalds and Wal-Mart make a big foray into a market, they are telling you that they've done the homework and the population of that market is ready to join the rest of us in the 21st century.
Wal-Mart is moving into Africa.
In the not too distant future the headline, "Chinese Labor Unions Seek Protection Against Low Wages in Sub-Sahara" will no longer be found only at The Onion.
1 comment:
I see Africa giving China a run at cheep manufacturing of goods.
Not sure if that is good or bad for jobs here in the U S.
Nice find.
Have a GREAT day.
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