Added: 17.08.2010 18:24
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Grabbing the opportunity in the telecommunication industry in Africa through EXIMIN

The telecommunication industry is one of the fastest growing industries in Africa. West Africa has a huge market in the telecommunication industry...

The telecommunication industry is one of the fastest growing industries in Africa. West Africa has a huge market in the telecommunication industry. In Nigeria alone, the second largest telecommunication company in 2007 had 15 million subscribers (http://allafrica.com/stories/200710170313.html). And in 2014, Nigeria mobile subscribers will hit 128 million (www.eximin.eu).

In my previous post on “Telecommunication Industries in Africa”, I enumerated some challenges in the telecommunication industry in West Africa. The challenges in Africa telecommunication industry can be turn to opportunities by Finnish telecommunication firms.

Finnish telecommunication companies can explore the opportunity in the telecommunication industries in Africa in many ways. For Finnish companies that have interest in exploring this opportunity in Africa, they don’t need consultation fees to know how to enter the Africa telecommunication market. Apart from contacting the embassy or foreign ministry, a good beginning to get connected and have enough information about Africa telecommunication market or other business is to contact the team at EXIMIN (www.eximin.eu).

“EXIMIN is an export and import innovation system established by Finnish University of Applied Sciences and Companies with a goal of promoting business opportunities and growth for Finnish SMEs in the Africa Market. So, EXIMIN is set up to guide organization and business individuals to search for partners and cooperation. Also EXIMIN also guide on the “introduction of new products to new or existing markets, introduction of new types of innovation to improve your business, exploration of the commercial feasibility of your idea, and many more”.

References:

www.eximin.eu

Opportunity: Market opportunity and revenue generation in West Africa telecommunication industry

Threat: competition

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