Africa is a continent on the upswing, developing great economic momentum. This book shows the way to successful business in Africa. It is a practical, yet scientifically based guide for all entrepreneurs and economically interested parties who want to be successful in Africa. The book. combines the experience of managers of large corporations and family businesses with a long history on the continent with the scientific perspective and findings of the Centre for Business and Technology in Africa at Flensburg University of Applied Sciences. In the 2nd edition up-to-date answers are given to the classic questions that must be answered by every player who wants to be economically successful in Africa: WHY Africa is interesting for business, WHERE the greatest prospects for success exist, HOW to proceed and WHICH approaches to shaping future economic relations between Germany and Africa are promising. The editors Prof. Dr. Thomas Schmidt is Founding Director of the Centre for Business and Technology in Africa and Professor at Flensburg University of Applied Sciences for Business Informatics. Prof. Dr. Kay Pfaffenberger is Managing Director of the Centre for Business and Technology in Africa and Professor at Flensburg University of Applied Sciences for Business Administration. Prof. Dr. Stefan Liebing is managing partner of Conjuncta GmbH and honorary consul of the Republic of Cameroon. He has extensive experience in business initiation and implementation in Africa and has accompanied numerous companies on their way into new markets. The translation was done with the help of artificial intelligence. A subsequent human revision was done primarily in terms of content.

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The Editors Prof. Dr. Thomas Schmidt is Founding Director of the Centre for Business and Technology in Africa and Professor of Business Informatics and Logistics at Flensburg University of Applied Sciences. He is founder of the Namibian-German Centre for Logistics and has many years of experience in Africa with projects especially in university partnerships and technology transfer. Prof. Dr. Kay Pfaffenberger is Managing Director of the Centre for Business and Technology in Africa and Professor at Flensburg University of Applied Sciences with a focus on business administration. He leads projects in the field of energy and financing in Africa. He also conducts research in the field of payments and mobile payments in Germany and Africa. Prof. Dr. Stefan Liebing is managing partner of Conjuncta GmbH. He has extensive experience in business initiation and implementation in Africa and has accompanied numerous companies on their way into new markets.He is honorary chairman of the Afrika-Verein der deutschen Wirtschaft e.V. as well as honorary consul of the Republic of Cameroon. Liebing teaches as an honorary professor at the Centre for Business and Technology at Flensburg University of Applied Sciences.