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Africa’s unique and diverse culture, embedded in age-long business practices, presents an interesting proposition for advancing indigenous knowledge and building sustainable structures. Casebook of Indigenous Business Practices in Africa is a collection of case studies across Northern, Eastern, Central, Western and Southern parts of Africa. Indigenous enterprises contribute to the economic prosperity of Africa and are an essential part of the continent’s business ecosystem. Contributing authors to this two-volume edited work explore the inherent potential of indigenous practices in bolstering business performance and stimulating social and economic development. The first volume focuses on Apprenticeship, Craft, and Healthcare, while this second volume considers Trade, Production and Financial Services, in featured African countries.
Indigenous business practices hold great prospects for economic advancement in Africa, despite the dominance of Western business methods, which, although beneficial, are yet to drive the continent’s developmental agenda. By identifying and exploring the unique features of these practices, multiple actors, including entrepreneurs, policymakers, students, educators, and practitioners, are provided with context-based information that can foster social and economic empowerment across the continent.
The book extends the frontier of knowledge on the role of cultural orientation, values, and traditions in achieving a more prosperous Africa through the development of indigenous business knowledge.
Chapter 1. Introduction to CaseBook on Indigenous Business Practices in Africa - Volume II Trade, Production, and Financial Services; Ogechi Adeola
The book Casebook of Indigenous Business Practices in Africa has been long-awaited and stands out as one of the few publications that examines the origin and impact of African culture on successful business practices. This book provides a comprehensive depiction of the cultural characteristics, challenges, and orientations that have shaped successful African business practices. It articulates the enduring degree of timeless accomplishments identified across different segments, despite the interjection of Western approaches. Therefore, I highly recommend this book not only to scholars, but also to anyone who wishes to gain a deeper appreciation and understanding of Africa's dynamic indigenous business methods.
Ogechi Adeola is a Professor of Marketing at Lagos Business School, Pan-Atlantic University, Nigeria. In addition, she serves as a member of the Governing Board of University of Kigali, Rwanda. Her multi-dimensional research focuses on advancing knowledge across the intersection of marketing, entrepreneurship, tourism, and gender. She is the editor of the book, Indigenous African Enterprise: The Igbo Traditional Business School (I-TBS), published in 2021 by Emerald Publishing Limited.