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5.1 Insufficient investments in Africa have hindered the deepening of diversification: Economic Report on Africa 2007
Using the results for Africa shown in table A5.1, it is possible to compute what one could call a turning point in the relationship between investment and diversification.

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4.0 Diversification trends in Africa: Economic Report on Africa 2007
The diversification of African economies is one way through which the recent economic growth achievements could be sustained. Africa’s economic transformation can be achieved through both horizontal and vertical diversification. In addition, such diversification will help to build competitive economies that can productively be integrated into the global economy. Diversification is therefore a pre-condition if Africa is to register accelerated development. The scaling-up of current real growth to desired levels and in a broad manner can also be sustained if there is deepening in the diversification of African economies.
5.1 The development model should determine the optimal trade policy: Economic Report on Africa 2007
The two-stage diversification process from economic history has been registered both in open and closed economies. The difference between the two is that the turning point after reasonable and sustainable development has been achieved occurs at a much earlier point for open economies compared to the case for closed economies.
Quote: Taking African products where there’s no bias
While more established economies begin to focus on the revenue potential of emerging economies, many of those emerging economies are also seeing the benefits of selling to each other.
What is the Asian Mindset?
The Asian mindset is unique arising from the cultural, religious and socio-economic factors that are different from the West. Understanding this Asian mentality can help leaders work more effectively with them.
Public Sector Procurement Practice and the Principles of External Economies, Clustering and the Global Value Chain
Can the public sector effectively apply the principles of External Economies to its procurement practice? “External economies of scale (ES) occur outside of a firm, within an industry. Thus, when an industry’s scope of operations expands due to, for example, the creation of a better transportation network, resulting in a subsequent decrease in costs for a company working within that industry, external economies of scale are said to have been achieved. With external ES, all firms within the industry will benefit.” (What Are Economies of Scale? By Reem Heakal, January 2003)

Remaining Focused
Christopher Columbus set sail heading West to look for new lands. It was a daring move at a time of growing national imperialism and economic competition between states. It was risky and many thought that he would disappear off the edge of the world. However, Columbus remained focused even though he did not know exactly what he would find. In fact, he totally underestimated the circumference of the world and when he landed in the Bahamas he thought he had landed on the East Asian mainland. As with all these voyages in history, Columbus prepared as best he could for the months ahead. In part he was preparing for the unknown, but there was a lot he knew he could plan for and he recognized that his team would need to be able to adapt and change as challenges arose.
LA SlimWrap Mineral Body Wrap Business Opportunity Now Available in Singapore
Jan 26, 2010: LOS ANGELES, CA -- Just as North Americans are beginning to understand and embrace the more natural, wellness-based health and beauty treatments of the East, Asian men and women are clamoring for the more modern treatments now popular in the United States and Europe.

C House Italia signs franchise deal for Middle East
17th February 2010: C House Italia signs franchise deal for Middle East Italian restaurant and lounge franchise C House Italia has signed an agreement with Nicolas Jebran Houte Couture (NJHC) to expand the brand across the Middle East. The deal covers a 15 year partnership and will see the first Middle East C House Italia open in Beirut in May 2010. Owned by fashion designer Nicolas Jebran, NJHC will also open C House Italia franchises in Europe.
Footwear Major Woodland to franchise internationally
Feb 16, 2010: Footwear and apparel player Woodland will open exclusive stores in select foreign markets later this year, marking its foray into single-brand retailing overseas. The company, according to its top official, would be using the franchise route for its international expansion. The home-grown brand is in advanced stages of negotiations in some markets like the Middle East, South-East Asia and Sri Lanka for selecting local franchise partners and said it will have three to four exclusive outlets abroad by the year-end. At present, Woodland is present in over 600 multibranded outlets in the Middle East, Singapore and Thailand.

East African entrepreneurs need a level playing field in the new Common Market
The regional integration of the East Africa community is finally here. With the promise of trade barriers falling, for East African entrepreneurs this bodes well in a common market of 130 million people.

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