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Swiss Trade - SwissCham

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10 <strong>Swiss</strong> <strong>Trade</strong> November 2010<br />

“A big difference between the chambers<br />

of the Baltic States and others is, that you<br />

get service from one hand”, Wolfensberger<br />

points out. “The chamber representatives<br />

also service the mandates. They have<br />

to, or otherwise they would not be able to<br />

survive.”<br />

Joining the EU marked a turning point<br />

for the Baltic States and caused a boom<br />

during the years 2004–2007, but then<br />

the economic crisis hit. The Baltic States<br />

are gradually recovering from that blow<br />

and therefore offer promising conditions<br />

for market expansion at present because<br />

of low wages and real estate prices – a<br />

great opportunity also for SMEs, to set up<br />

a business base in secure EU legal conditions,<br />

with best possible access to Eastern<br />

Europe beyond EU.<br />

“The choice of the right partner is essential”,<br />

emphasises also Gabriel Taus,<br />

Director of the Joint Chambers of Commerce<br />

(JCC), unifying several CIS chambers.<br />

“You can not underestimate the<br />

value of expert advice and good chemistry<br />

between partners.”<br />

In addition to solid financing, flexibility<br />

and patience are needed in markets such<br />

as the CIS countries.<br />

“Expect your business to take twice as<br />

Managing Director Thomas<br />

Seghezzi, SABC<br />

Join the <strong>Swiss</strong>-African Business Circle (SABC)<br />

Next event: 18 November 2010, Zürich<br />

More information and registration: www.sabc.ch<br />

FOUNDING MEMBERS:<br />

Director Ralf J. Bopp,<br />

Chamber D-CH<br />

With its<br />

ever-growing<br />

middle-class<br />

it is a big market<br />

for consumer<br />

goods.<br />

long and to cost twice<br />

as much”, Taus says.<br />

Africa<br />

“Thorough preparation is<br />

crucial before entering an<br />

African market”, says Thomas<br />

Seghezzi, Managing<br />

Director of the <strong>Swiss</strong>-African<br />

Business Circle (SABC)<br />

and Managing Partner of<br />

Rainbow unlimited. “Africa<br />

consists of 53 countries,<br />

and that means 53 markets,<br />

each one working differently.”<br />

But it also means 53 prospective markets<br />

for your product.<br />

At the moment only a meagre 1.9%<br />

of Switzerland’s exports go to Africa.<br />

Thanks to the World Cup, South Africa<br />

has experienced a<br />

slight boom, but there<br />

are many less traditional<br />

markets that deserve<br />

a closer look as<br />

well.<br />

“With 150 million<br />

people Nigeria is the<br />

biggest market”, says<br />

Director Gabriel Taus,<br />

JCC<br />

Seghezzi. “And with its<br />

ever-growing middle-<br />

Doing business in Africa? Interested in exclusive networking opportunities, in sharing<br />

experience and fostering partnerships with other <strong>Swiss</strong>- and Africa-based companies<br />

and investors active on the continent?<br />

Castel Group<br />

class it is a big market for consumer goods.”<br />

One thing applies to the whole continent:<br />

There is huge potential because demand<br />

is greater than supply.<br />

“You can pretty much do anything<br />

there”, Seghezzi says. “And as far as resources<br />

go, Africa has everything that will<br />

be sought after in coming years.”<br />

In 2050 two billion people will live in<br />

Africa; that is, two billion consumers.<br />

True, Africa does not have the best image,<br />

but only success stories can gradually<br />

change that stereotype. Travel there<br />

(the chambers can set up trips for you),<br />

get your own idea of and feel for the continent,<br />

and identify the market most suit-<br />

SWISS–AFRICAN<br />

BUSINESS CIRCLE<br />

Gateway to sub-Saharan Africa

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