Environmental Analysis of Africa Union

Then let me introduce the environmental analysis of Africa Union, and I take Angola as an example. Angola is also one of the most important countries in Africa. In terms of politic, since the civil war was ended in 2002, Angola's politic is becoming more and more stable, and based on this war it has set up a great labor law. In terms of economy, according to the survey，Angola is one of the fastest growing countries in the world, rich natural resources such as oil and gas bring a huge wealth to this country. In terms of social, Angola's population growth is very fast，and thanks to the government's investment , their people's education level is more and more high. In terms of technology, Angola has established a perfect transportation system and communication system. So Angola is a potential market for FDI.

For the rapid development of the African market, the introduction of traditional Chinese medicine is feasible. Such as tongrentang, as a famous company with one hundred years history, It has a strong brand image and many traditional Chinese medicine experts. From this chart can be seen that the export sales of Chinese traditional medicine is increasing very quickly, this shows that the traditional Chinese medicine has been recognized by the world, this is also a opportunity for tongrentang to invest and develop in African market.

And then let me introduce the Risk Assessments for Africa Union. I also select three major countries to evaluate the risk. At first, from this chat can be seen that expect South Africa, other countries’ governments are very corrupt, politics and economy are held by small number of people, and their economy is high dependent on energy exports, so it is easy to be affected by the world energy price fluctuations. And the security situation of all these countries is very bad due to the extreme social inequality and high level of unemployment, such as crime and demonstrations often happen in these countries, and these counties lack of skilled labors.  All of these risks will directly affect the investment and development of foreign companies.