Outsourcing to Africa
One part of the reason is the eroding cost advantage of Asia and Eastern Europe as compared with America and Western Europe. With costs increasing as high as 10% per year, some managers in countries like India now commanding higher salaries than the global averages, according to Financial Times. In this article we’ll review how Africa became an outsourcing destination and explore four countries that are regional overseas tech delivery hub champions showing the way to the rest of the countries on the continent. Africa within the New Economy Business Context Africa has always been in the similar time zone and relatively close to Europe in terms of logistics. When several countries on the continent were connected to global broadband in 2009, the continents moved even closer together. Government and business investments into the nascent information economy followed, with several tech clusters across Africa growing rapidly ever since.