The Next Billion Dollar Businesses will be built by Africans!

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-- It is 2016 and I am on a video conference call with one of my mentors out of Cambodia. At the time she had responsibilities for exports into U.S. from Vietnam and Cambodia. She said to me: "Toyin what you are saying about Africa is interesting to me and reminds me of our own story. After the war in Vietnam, we were closed off from the international market and we owed money to the old Soviet and we had to manufacture military uniforms to pay our national debt. After the trade embargo was lifted, we found we had all the capabilities to manufacture textile for the rest of the world. I and others began traveling the world to establish trade relations and securing manufacturing contracts. No one wanted to invest in us at the beginning - those who took the risk are now billionaires and they own and run this market. Africa is in a better shape than we were. Go there and if you need funds for a project you see - tell me I will help you raise the funds. It takes only about $2.5 million to start a new plant for textile manufacturing. You can do the same in Africa...."

Same year talking with another mentor who is from Chile - "Toyin what is the GDP of Nigeria?....My country Chile had similar challenges... Have you heard about the Chicago boys? Research it. In the late 70s - early 80s a group of men where sent to U.S. to study under a University of Chicago Economics professor under a U.S. - Chile engagement. After they completed their studies they returned and were positioned in strategic political offices to transform the nation. Many of the policies they implemented back then is why our global trade performance is still high today..."

And India -- Finding that the education system left behind by the British was hampering their economic development - they scrapped it 40 years ago and today they are reaping benefits as world leaders in Science, Technology, Engineering and Mathematics (STEP)

Speaking on China during 2019 Trade with Africa Business Summit -- Dr. Andrew S. Nevin (PhD), Chief Economist - PricewaterhouseCoopers (PWC) said: “In 1980 there wasn’t a single private car in China. But just 25 years later, China became the largest producer and consumer of cars. The conditions for an economic miracle happening in Africa are much stronger than they were in China… No one would have said China had the chance of becoming one of the world’s largest economies…”

Let me declare to you: AFRICA IS NEXT!

I'll be teaching a class this July on Export Development and Business Growth. Signup here - https://www.toyinumesiri.com/workshop Email: info@nazaru.com

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