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Article: On the carpet.(interview special)(multinational corporations driving Africa's economy forward)(Interview)(Cover Story)
- Article from:
- African Business
- Article date:
- May 1, 2005
CopyrightCOPYRIGHT 2005 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The role of transnational corporations in driving Africa's economy forward is becoming more crucial than ever before. Apart from their direct impact on their respective industries, transnationals also plug Africa into the global business network.
The pace of transnational activity in Africa is gathering momentum--witness the phenomenal growth in mobile telecommunications--as business interaction on a global scale accelerates.
The relationship between Africa and transnationals is also undergoing a major revolution with the continent's contribution gaining greater importance in the overall performance and results of companies.
Africa may still be ...