
Africa’s economic reset requires moving from ambition to execution
The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.
BUSINESS OUTSOURCING
By our News Team | 2021
Of the three top countries for outsourcing business processes such as call centres and content creation, two are in Africa.
South Africa has long been recognised as a call centre destination. This is thanks to it having similar time zones to Europe, a high degree of English proficiency, a skilled workforce, digital infrastructure and attractive exchange rates.
South Africa is now the most favoured location for offshore customer experience delivery worldwide, according to the 2021 Front Office BPO Omnibus Survey. Egypt is second.
As a result, local marketing and communications companies have found their services are in demand by global brands. This comes as corporates become increasingly comfortable working across time zones and countries. Brands are now able to pick the best talent, at the best price, regardless of location – and Africa enjoys some of the advantages of that.
BPO is Business Process Outsourcing. The BPO trend has now broadened to include content production, marketing and communications support.
Photo by June Heredia @ Unsplash
“Global powerhouses are realising that they can secure internationally competitive services, at competitive costs, by working across borders,” says Adam Hunter, Head Honcho at integrated communications agency Hook, Line & Sinker (HLS). HLS is responsible for writing and content development.
South African businesses are also well positioned to service international companies looking to expand into other parts of Africa.
The continent has a fast-growing population of more than one billion people and rapid urbanisation. This presents an attractive prospect for global brands, given that economic growth has slowed around the world, HLS says.
And although other markets in Africa have continued to develop, South Africa remains the business hub for sub-Saharan Africa.
“South Africa’s complex business landscape and multicultural society provides an excellent training ground for media and marketing specialists, who have to work with sophisticated audiences and multiple viewpoints. In an increasingly globalised world, South African experience is coming to the fore,” concludes Hunter.
Source: Hook, Line & Sinker (HLS)

The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.

Vongani Mageza brings more than 20 years’ experience across financial services and FMCG) companies such as FNB and Diageo.

AI agents will influence shopping, algorithms will supersede social connections, and the clip economy will change how brands connect.

The brand partnership includes a new TV commercial featuring Kipchoge, digital storytelling, wellness initiatives and community programmes.

Modern retail in Africa is still dwarfed by the traditional trade. Marketers who dismiss this relationship-heavy retail model do so at their peril.

Research finds brands don’t just sell products. They can also provide employees with stories through which they feel their work is meaningful

Honesty must be demonstrated through transparency, accountability and action – shaping both reputation and future trust following a crisis.

In the funeral plan category, where most advertisements look like an obituary, Standard Lesotho Bank opted to ‘sell the cow’, not the policy.

Strategic Marketing for Africa, the publication for deep-thinking African marketing professionals, is not to be missed.

CEO of Scopen says the expansion into East Africa is a natural progression following the success of the research in South Africa.

Report says around 80% of Africa’s annual goods export potential to the Caribbean remains untapped.