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Oscar Onyema from the Nigerian Stock Exchange says there are significant gaps in the digitization process. The Nigerian stock market is working to be more inclusive, by making it possible for investors to work with hand held devices, like smartphones or tablets.
The secret of success for doing business in African countries is individualized knowledge of the market and localized engagement, says Haidar. He warns that companies must learn to play the local rules, or lose to China every time.