Intro
Foreword to the Expanded and Updated Second Edition
Contents
About the Editors
1 Economy in Africa-An Introduction
Abstract
1.1 Why This Book About Economy in Africa?
1.2 How Is This Book Structured?
References
Part I Africa Has Potential!
Abstract
2 Africa Is Different From What You Think
Abstract
2.1 Continent of Emerging Entrepreneurs
2.2 Fintech, Digitization, and IT
2.3 Successful Role Models
2.4 Mo Ibrahim
2.5 Aliko Dangote
2.6 Peter Munga
2.7 Unexpected Hurdles
References
3 Entrepreneurship and Start-Ups in Africa

Abstract
3.1 Introduction
3.2 Entrepreneurship in Scientific Discourse
3.3 Availability and Skills of Founder Personalities
3.4 Ecosystem for Entrepreneurship
3.4.1 Politics and Institutional Framework Conditions
3.4.2 Financing
3.4.3 Digitalization as a Basis for Founding
3.4.4 International Partners
3.5 Entrepreneurship and Start-Ups: Situation in Sub-Saharan Africa
3.5.1 Start-Up Scene in Sub-Saharan Africa
3.6 Importance of Entrepreneurship for Market Entry into Sub-Saharan Africa
References
4 Is Africa's Economic Development Sustainable?
Abstract

4.1 Africa in the Shadow of the Covid-19 Crisis
4.2 Economic Development Since the Global Economic and Financial Crisis
4.3 "Institutions Matter!"-On Africa's Institutional Catch-up Process
4.4 Infrastructure as a Bottleneck in Africa
4.5 Conclusion: African Companies Underrepresented in Global Value Chains, but Not Without Opportunities
References
5 The Demographic and Social Development in Africa
Abstract
5.1 The New Middle Class
5.2 Poverty in Africa
5.3 Population Development
5.4 Youth Surplus or Demographic Dividend?
5.5 Structural Change and Employment

References
6 How the Federal Government Supports Private Economic Engagement in Africa
Abstract
6.1 Development Policy Background
6.2 Improving Framework Conditions, Strengthening Economies
6.3 Advisory, Funding, and Financing Offers for Companies
6.3.1 Advisory Services for Companies at Home and Abroad
6.3.2 Corporate Networks and Project Development
6.3.3 Development Partnerships and Project Funding
6.3.4 Financing and Risk Reduction
6.4 COVID-19: Businesses as Partners in Crisis
6.5 Outlook
References
Part II Africa Is Not Just Africa!
Abstract

7 The Importance of Regional Peculiarities for Business Life
Abstract
7.1 A First Glance at Africa
7.2 The Unknown Continent-Some Facts
7.2.1 Climate
7.2.2 Languages
7.2.3 Religions
7.2.4 States
7.3 Economic Policy Aspects as a Basis for Trade-How is Africa Positioning Itself?
7.3.1 Overview
7.3.2 The West African Economic Community ECOWAS as an Example
7.3.3 The African Continental Free Trade Zone
7.4 Some Basic Conclusions for Investors and Trade from the Diversity of Africa
References
8 Cultural Imprints in Africa and their Impact on Business Life
Abstract