I feel Wal-Mart expanding to Africa is a positive move as:
- Africa has high potential of growth in coming years due to
under developed state till now
- The rising young population of consumers as well as workers
will help to boost the demand and supply workforce
- The existing stores like Shoprite are seeing significant growth
in business which shows positive sign for future
- Infrastructure growth will further help company to expand
business in Africa as many companies from across globe are pumping
money in Africa
So, all these present optimistic view about future
perspective