The West African arts and crafts industry is going through a huge creative resurgence, but all the while we are loosing business to Indonesian, Bangladesh,Vietnamese and Balinese craft workshops. The Asian workshops have a very organised factory style set up and the owners have access to cheap capital that African craft makers cannot compete with. When it comes to finance the African craft worker is at a huge disadvantage. In Ghana and Nigeria it's easier to get long term and decent interest rates on a loan to build a church, an institution that taxes its members, but pays no tax to the country. Try to get a long term low interest loan to start a manufacturing business and you will find no banks to finance your deal. This is how the world is set up so its nearly impossible for Africans to go into manufacturing in a way where we can compete with Asia, but we must find ways round this situation. ...
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