Tag: African Union (AU)

Doing business in Africa is challenging for companies in any industry sector. The continent offers immense opportunities, yet the diversity of demographics and geography demands tailored approaches to management and strategy. Over the past decades, Africa has experienced vast changes.

The month of May is significant for the African continent because it is during this month that we celebrate Africa Day. Africa Day commemorates the formation of the African Union on May 25, 1963. It is a day when Africans celebrate the continent’s independence, freedom, and liberation from colonialism.

Whether you are a South African looking for work opportunities abroad, or a foreign national wanting to work in South Africa, you still need a work permit or a visa to make the transition. However, job seekers the world over are quick to send out their CV’s and engaging foreign companies without knowing what exactly a work permit is or why they need one.

Hailed by the African Union (AU) as the ‘new frontier of African renaissance’, the idea of the blue economy is gaining prominence across the continent. In 2014, the Seychelles, an early advocate of the blue economy, championed the agenda as ‘a vital part of Africa’s future development’. Meanwhile, states, including Kenya and South Africa, have begun formalising policy and legal frameworks to ‘unlock the ocean economy’, as a 2014 government report put it.