Chariscoopers Professional Service Limited Contacts | Chariscoopers Professional Service Limited Contacts, Email Address And Phone Numbers.

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About Chariscooper – Business Overview.

A recent survey conducted by ‘The Economist Group’ of 217 global companies based in 45 countries revealed that expansion in Africa is a priority for two thirds of them within the next decade. Despite the various structural challenges in Africa, the continent is becoming attractive for global players because of its youthful populations and a fast-growing middle class. This has implication for competition for market and talent. According to forecast, African annual growth will exceed 6% and its collective GDP will be at $2.6 trillion by 2020

Despite this huge opportunities for African businesses, the Global Competitiveness Index (GCI) has shown majorities of African countries trailing behind among the least competitive in the world and indicates stagnation despite 15 years of strong growth. This is compounded by the under-development of human capital in Africa. United Nations Human Development Index shows that 38 out of 46 of the world’s lowest-ranking countries are in Africa and statistics from UNESCO shows that education levels remain low in Africa, especially in Sub-Saharan Africa where secondary school enrolment stands at 40% on average and the transition rate to tertiary level at 7%.

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