I have had requests not only from alumni relations and other subscribers to answers questions from the webinar, but also questions in general. I am going to answer a few questions a week that I got from the webinar, but if you have other specific questions, please feel free to email me.
Question: “My question would be in regards to business in Africa and how business owners can improve financial management and trust when engaging in collaboration with western companies.”
As an African, I think I am well qualified to answer this. Firstly, let me clarify my understanding of the question and if I have it wrong, please email me so that I can have another shot at this. I see it as how you can improve your own company’s financial management and then improve the mutual trust between your African company and Western companies.
4 steps to improve financial management
Improving trust across borders
Communicate, communicate and communicate.
I hope I have answered your question. If you have questions or other viewpoints I can add to this, please email me.
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