Friday, September 19, 2008

Does the buck stop there?

he Commonwealth Business Council (CBC) with Cyber Media (India) group has announced the first ever "African Outsourcing Summit", which will be held on November 27 and 28 in London.

This summit aims to bring senior government policy makers and industry representatives from African nations together with key decision-makers, outsource service buyers and other stakeholders from the European and global outsourcing industry.

The highlight will be an independent research report on outsourcing prospects for represented Africa nations and this will be released on the eve of the summit. This joint research effort by CBC and Cyber Media will benchmark African countries on important parameters that measure the capability and capacity of the outsourcing industry in those countries.

This summit and study comes at a time when turnover in the global outsourcing industry is touching £500bn, and even leaders like India and China are looking for partners offshore, just to match capacity needs. The timing is appropriate, as African nations are emerging as favourable outsourcing destinations - a paradigm shift in traditional perceptions.

The African growth is greenfield, which is the best time to build in the best practices of ICT governance and cyber security.

Dr Mohan Kaul, Director-General, Commonwealth Business Council, says: "The Commonwealth Business Council has made Africa Outsourcing its main focus and is driving the agenda forward with this summit. We see Africa growing in strength, capacity and capability in the global business of outsourcing.

"We believe it will complement countries already within the outsourcing sector, such as India, China and Philippines, and will bring its own diversity into the mix to make the sector even more attractive."

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