AFRICA INNOVATION NETWORK®
in South Africa
Connecting Nordic and South African businesses
Business delegations in 2020
Business delegations in 2020
AFRICA INNOVATION NETWORK
We are inviting existing South African ecosystems, clusters, investors and companies to become a part of AFRICA INNOVATION NETWORK®. We aim to create the foundation for what is going to be a stimulating Nordic-South African movement and inclusion, Below you´ll find links to our seminars and if you like to be part of AFRICA INNOVATION NETWORK® please contact us through the contact form in the bottom of this page.
Seminars in 2019
- (Kickoff) Johannesburg, October 24th: “How to do business in the Nordics“
Seminars in 2020
Partnership with us
We would like to promote your business in the section below. The fee for local partnership is EURO 1,500 (ex. VAT) a year. As partner you´re automaticaly member of AFRICA INNOVATION NETWORK® with access to any seminar in Africa and the Nordics that we arrange. Only criteria is, that your company bring value to the AFRICA INNOVATION NETWORK® members.
A BIGGER-PICTURE BUSINESS PARTNERSHIP
At Nedbank Business Banking we know that success in business is often about strong partnerships. That is why we put the importance of value-adding relationships at the centre of everything we do. Our clients’ goals are our goals, their vision is our vision, and their success is our success.
Through our bigger-picture approach, we immerse ourselves in your business and your industry so that we can be an extension of your team, with a full understanding of your business requirements. This enables us not only to provide you with the banking solutions you need, but also to give you a bigger-picture view of how our products connect to create a framework that yields maximum impact across every aspect of your business.
Add to this the insights and expertise available to you across Nedbank’s extensive network of multidisciplinary specialists, and you know that you have a banking partner backing you throughout your business journey.
Inteprit Language Solutions – Opening Your Business To The World
Inteprit is a full-service agency focused on the multilingual needs of the global business community, and we provide a dynamic environment for businesses and organizations that need to adapt to specific situations, which vary with each country and new culture they do business with. Headquartered in Johannesburg, South Africa, Inteprit was formed with the purpose of providing expert, professional translation and localisation services to the global business community. The translation and localisation industry have a worldwide audience and it is pivotal for any business, no matter what type of translation project you have, to find a reliable translation or localisation provider partner. Through transparent processes, quality project management and the use of translation management technology, we aim to align our clients’ translation and localisation requirements to their strategic growth pillars, when they seek our services. We have gathered a large pool of translators in all major APAC, EMEA, North and South American language groups. All translators are native speakers of their respective target languages, with extensive industry experience.
Video: Networking session: “How to do do business in the Nordics”
Video: Consultant, Sarah Skou Andreasen: “How to do do business in the Nordics”
Business in the Nordics
In the Nordics there is a strong focus and commitment towards green transmission, climate change and the UN Sustainable Development Goals (SDG´s) and a sustainable and good governance in general. Below you´ll find some of the driving sectors in the Nordis:
Motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, forestry, iron and steel, wind turbines, medical equipment, healthcare solutions, digital solutions, shipbuilding, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products, oil/offshore solutions.
Ease of doing business ranking (2020): Denmark: 4th, Norway: 9th, Sweden: 10th, Finland: 20th
(Source: World Bank).
Business in South Africa
South Africa is the second largest economy in Sub Saharan Africa with a GDP on $765.5 billion. South Africa has a highly developed economy and advanced economic infrastructure facilitating a strong business environment. South Africa is one of the world’s largest producers and exporters of gold, platinum, and other natural resources. Also, it has well-developed and well-established financial, legal, communications, energy, and transport sectors. However, changing structures have simultaneously led to new rapidly growing sectors such as ICT, agriculture, mining, manufacturing, tourism, textile, financial services and wholesale and retail trade creating lucrative investment opportunities.
Ease of doing business ranking (2020): South Africa: 84th (Source: World Bank).
(Source: World Bank).
South Africa and the Nordics differ significantly in business procedures, etiquettes and norms, which are essential to be acquainted with in order to maximise chances of success when doing business. South Africa is a diverse country making it complicated to describe one business culture, however, in general the following characteristics of South African business culture differs the most from Nordic business culture; a low level of trust, hierarchical organizational structure, a slower decision-making process and less focus on punctuality. On the contrary, Nordic business cultures are in general characterised with high level of trust, a flat organisational structure, fast decision-making process and great emphasis on punctuality.
The Nordics are among the countries with lowest corruption in the world. The latest (2018) rankings are: Denmark: 1st, Sweden/Finland: 3rd, Norway: 7th, South Africa: 73rd.
(Source: Transparency International).
Managing Director, Mr. Volker Werth
AFRICA INNOVATION NETWORK in South Africa is for South African companies with focus on business in the Nordics. If you would like to apply for membership please send us a message by using the contact form.
Contact our local partner InterGest Ltd (Pty) in South Africa if you have any questions regarding AFRICA INNOVATION NETWORK in South Africa: email@example.com