A Safe Place to Talk - Why The Time May Be Ripe for a Pan‑African Family Business Forum

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"Africa’s family business leaders are, on the whole, optimistic about the future: they see opportunity ahead as the continent is forecast to enjoy economic growth and increased stability. For all their advantages, however, family businesses are vulnerable to some serious challenges; these include sibling rivalry, family feuds,
nepotism, resistance to change, and succession struggles. Any one of these problems has the potential to damage, or in extreme cases, even destroy the business; it is notable that fewer than 30 per cent of family businesses survive to the third generation."

Source: Mary Oppenheimer Daughters Family Office (MODO)