The Pan African Franchise Federation recently held its inaugural meeting in South Africa with delegations from Egypt, Ethiopia, Mauritius, Tanzanian and Nigeria to promote franchising in Africa.
Posts Tagged ‘Franchising in Africa’
The economic and legal environments in South Africa and other African nations continue to change and evolve this year. Franchising in Africa, and particularly South Africa, as well as alternative dispute resolution, and business law developments are having a tremendous impact on the region.
Listen to a complimentary webinar on franchising in Africa sponsored by Nixon Peabody (US), Edward Nathan Sonnenbergs (South Africa), Ǽlex (Nigeria), and Afribiz (US).
Reuters article featuring LexNoir Foundation book, Franchising in Africa, highlights the franchise industry on the continent.
Franchising in Africa gains popularity asU.S.-based baked goods chain Cinnabon became the first U.S. franchise to open a store in Libya and joins other foreign franchisors entering the country.
Provided by Kendal Tyre. Franchised businesses on the continent could create a Pan-African Franchise Association to serve as a resource center for franchising in Africa.
In an effort to further boost franchising in Africa, the African Development Bank financed Egypt’s Franchising Sector Support Program with U.S. $40 million.
Franchising in Africa continues to evolve. Recent changes to the Tunisian franchise laws, will force franchisors to review and audit their agreements and practices to ensure compliance.