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The African market is one of the fastest growing markets in the world. The continent is home to nearly 1 billion people, and has an annual economic growth rate of over 7%.

It has been projected that by 2030, Africa will be home to more than 1.4 billion people, and its middle class population will grow by 400 million.

This section should not be taken as investment advice, but rather a brief introduction on African finance jobs and opportunities in Africa’s finance industry.

Read more: https://www.caglobalint.com/jobs

What are the emerging opportunities in Africa’s financial sector?

In the rapidly changing global economy, Africa’s financial sector has been attracting a lot of attention with predictions that it will be the most rapidly growing in the world over the next decade. The African continent is home to 56% of all financial service companies around with a market worth of more than US$4 trillion.

African companies are able to offer a lot of benefits for people looking for a new job. Not only do they have more opportunity for career growth but their benefits packages are often better as well.

An emerging opportunity in Africa is that there are now opportunities that allow people to live their lives while earning an income which was unheard of before. This is mainly because Africans are becoming more educated and can afford to spend money on things like technology which would not have been possible before.

How to land a competitive position in Africa’s financial sector?

Qualifications for African financial jobs are often minimal. This often means that you do not need a degree to land that competitive position in Africa’s financial industry.

Job titles in the African finance industry are usually determined by the specific company’s needs. Most of these jobs are customer-facing, with frequent interactions with both the public and other employees. As a result, they require an outgoing personality and excellent interpersonal skills.

Reasons to Consider a Career in Finance in Africa

A career in finance is one of the most lucrative professions in Africa. It covers a wide range of firms and industries, from banking to insurance, treasury to risk management, financial markets to investments.

Careers in Finance are diverse. You can be trading stocks or commodities at a trading firm or you could be an investment analyst for an insurance company. You could be managing people’s savings at a bank or developing global capital markets for an investment bank.

You might need an MBA for some positions but others don’t require any qualifications at all, just experience and talent!

Is Working for an African Financial Institution Right For You?

We have looked at the key aspects of African financial institutions. We have also looked at some of the challenges that are faced by these institutions. And finally, we have explored what employees do in order to be successful in their work environment.

By now you should have a better idea of what it is like working for an African Financial Institution and whether or not this is right for you.

 

The human body evolved in the constraints of the earth’s gravitational forces. So, what happens when you subject it to zero gravity? One of the impacts is muscle atrophy, and medics have raised concerns for space tourists. So, what exactly is muscle atrophy? Can it be addressed?

What is Muscle Atrophy?

This is a condition that happens when muscles start to waste away. Consider human muscles as active organs that are always working against the forces of gravity. At zero-gravity, the force is eliminated, resulting in the activation of proteolytic systems that remove contractile proteins and organelles. Finally, one starts experiencing the shrinking of muscle fibers.

This problem is very common to people who travel to space. Studies have indicated that astronauts lose about 20% of muscle when they take a space flight that lasts for 5-11 days. In some cases, muscle atrophy can also be accompanied by spaceflight osteopenia, commonly known as deterioration of the skeleton.

The main causes of bone and muscle wasting as well as the relationship micro-gravity is a new study area. Therefore, scientists are researching the problem to be able to predict personal risks for muscle atrophy, use of exercises during space flights, and medication.

How Space Tourism Companies are Addressing Muscle Atrophy: Andrey Bokarev

Knowing the serious dangers that come with space tourism, companies offering the services are working with researchers to come up with reliable methods of addressing it. Here are some common strategies:

  • Allowing Only the Healthy People

Atrophy can indeed happen to all who travel to space. However, healthier people are able to resist the problem more effectively compared to sickly ones. This is why multiple medical checkups are done before one can be allowed to train and travel as a space tourist.

  • Pre-Flight Strength Training

Muscle atrophy mainly happens when one lives a sedentary life, and doctors recommend the use of the right diet and a lot of exercises. This is why every company offering space travel services requires all its clients to undergo intensive training to build and strengthen muscles. So, it would help if you were prepared for strength training to build muscles and understand what to anticipate in space.

To make the fight against atrophy more effective, you are encouraged to continue training even after the travel. This way, you will overcome even most of the atrophy’s effects in the body.

  • Keeping the Flights Short

The main concern about atrophy is when the flights are prolonged. To avoid the problem, you might want to consider the companies offering shorter space flights. For example, Virgin Galactic is only planning to offer short suborbital flights. With good training, muscle atrophy might not be a problem when taking such a short flight.

If you are thinking of space traveling, it is important to consider all the concerns, from health issues to cost implications. The good thing is that the condition is under research to identify the best remedies, and space travel companies’ efforts are also impressive. So, to agree with Andrey Bokarev, the President of Transmashholding (TMH), it is always a great idea to explore new things that will give you a sense of satisfaction. Therefore, do not hold back if you get a chance to travel to space.

The United States is ahead of many other nations when it comes to importing. There is no denying that foreign trade is lucrative, but it is also burdened with numerous rules, regulations, trade laws, and compliance requirements, which can make things hard for importers. In fact, even on paper, these compliance needs don’t seem easy. If you want to have a guide to importing to USA, you have to consider working with a customs broker. In this post, we are sharing more on things worth knowing about customs brokers. 

What does a customs broker do?

The role of a customs broker is to ensure that their clients are in compliance with various requirements and trade laws, and all necessary paperwork that has been made mandatory by United States Customs and Border Protection (CBP) are done accordingly. A customs broker could be an individual, partnership, or a corporation, but is licensed by the CBP. International trade laws change more often than expected, and the role of a customs broker is to ensure that the clients don’t have to deal with these changes, as they take over the need to ensure compliance. In case an audit comes up, or there are issues related to application of tariff codes and other aspects, they will deal with the US Customs and Border Protection on behalf of the client. 

Why hire a customs broker?

For most importers, the biggest concern is paperwork. They also want to be sure that they are compliant with regulations, because they want goods to get cleared at the port of entry as early as possible, and there shouldn’t be any hassles in the regular course of operation. With customs brokers, everything from paperwork to basic procedures, are taken care of, although it doesn’t absolve the concerned importer of their liability as applicable. A customs broker doesn’t need to have an office at the port of entry, and they can handle all kinds of air, rail, and ocean shipments. If there are changes in regulations or international trade laws, the concerned broker will ensure that the client is informed, and all necessary steps are taken as required. 

As you may have guessed, working with a customs broker has many benefits. However, there is no law that makes it mandatory to hire a customs broker for importing. This is a choice, and we recommend that you opt for the same to reduce your complications.