Brexit can be a bonanza for astute African business leaders
By Mark Francis, Canada
July 5, 2016 (SSB) — Brexit can be very positive for Africa, especially those countries which speak English and were a part of the British world at some point, providing links.
The Brexit vote has been falsely categorized as driven by anti-immigrant (racist) sentiment, (as an aside, such nasty allegations are a cheap crappy way to engage in debate).
While that was at play for a small minority of people, there was a larger portion of the “Remainers” who actually reject Britain (good and bad – we all have warts and evil in our past, and that goes for countries, too), a similarly ignorant view.
What really drove the Brexit vote was that the Brits:
- Want free trade, but with more than just Europe, which the EU forbade,
- Don’t want the EU, unaccountable and distant, to have legal supremacy over British parliament, law, and courts, which was the case.
The moment the international (European and US) community started bullying them, the Brits had to vote to leave. The trend of the polls match up, with a delay of a few weeks for the impact of the words to sink in, with these remarks.
If Britain had meekly chosen to remain it would have been peed on like a weak dog by the more aggressive ones. Note that a corollary of this principle relates to South Sudan and North Sudan (the bully and sower of discord).
Britain is a big importer of goods and an exporter of services. This offers excellent potential for African countries, now that the EU trade wall won’t be around Britain.
Britain is likely the least racist country in Europe, and wants to engage with the world. Astute African leadership should engage with British business organizations to find out where profitable niches might exist.
The key is not government-government interactions but rather to solicit engagement with those who actually make investments based on profit margin calculations. These are the people who make decisions on where to build new plants.
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