• ORGANIZATION PROFILE
  • Africa IQ Inc. Africa IQ Inc.

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(40.720497,-74.004105)
 

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Mission Statement

Africa IQ is a non-profit organization with a mission to create an Africa beyond aid. We provide access to impartial business intelligence in order to attract and sustain investment in African markets. At the core of our mission is the belief that business rather than aid is the most effective path to sustainable economic growth and development. Africa certainly has all the making of a compelling investment case -- natural resources, rapid economic and population growth, and a rapidly improving environment in which to invest and do business. Yet, limited access to free and publicly available economic data and market intelligence prevents Africa from realizing its full developmental growth potential. So we created Africa IQ as the first platform of its kind focused on dispelling misperceptions about the challenges of doing business in Africa.

Description

There was a time in the not-too-distant past when the focus on Africa centered upon humanitarian aid to hopelessly poor, war-torn nations. No more. These days, the continent is widely seen as the next frontier for economic growth. Leading up to 2010, six of the world's ten fastest-growing economies were in sub-Saharan Africa,and if recent trends continue its labor force will top China’s by 2040. Yet, despite growth and progress, a perception gap remains between those already doing business in Africa, who are believers in the emerging African growth story, and those who have not yet invested and continue to associate the continent with instability.

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