Human Resource Development Plan

Human Resource Development Plan
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Human Resource Development Plan
This assignment seeks to address relevant strategies that can be used by a company in its quest to harmonize operations in the HR department as it tries to expand its business territories in Sub-Saharan regions of Africa. Africa's development prospects greatly improved but differ from one country to another. This task inspects the various conceivable business projects for the company, such as agribusiness, oil and gas mining, dissemination of information, merchandise, and money keeping. The most basic and exciting point to note is Africa's development story is still evolving and not limited to the profitable extractive ventures.
It is estimated that over 200 million Africans had joined the buyer merchandise markets by 2018. Account management and dissemination of information are also rising gradually, and the framework consumptions compared to any other continent in the world. Therefore, the extractive business development will be outstanding because 11 of the countries in Africa have been ranked as great hotspots with not less than two essential minerals (Nafukho & Muyia, 2016). By 2015, Africa had already delivered about 15 percent of the world's oil, increasing exponentially from nine percent in 1998. Any firm that seeks to invest its resources in Africa should consider the mining venture the most profitable investment by 2030.
On Agribusiness, Africa has the best features that favors the growth of diverse cash crops. It also has suitable rain patterns making it ideal for commercial investors (Wambogo et al., 2018). The agribusiness sector is Africa's leading and largest monetary division, with about 15% of landmass aggregate GDP equal to or more than $ 200 billion annually. Nigeria and Egypt are thought to be representing 33 percent aggregate rural yields, and other prominent countries are yielding about 70 percent. Therefore, there is enormous potential for any company that seeks to expand its business territories in Africa. The county's development potential is estimated to be extending by 2 percent annually, working towards sustainability and innovation in their vision 2030 plan. The primary reason why Africa has failed to incorporate horticulture in the farming projects is that most Africans possess more than two hectares of land, which is just utilized in ranches and building homestead (Wambogo et al., 2018). The knowledge of green housing has not been fully dispersed in Africa.
Africa has diverse biological conditions that favor agricultural investment (Wambogo et al., 2018). It has also been recognized and embraced as one of the continents with a wide range of cultivation models. Foreign investors are increasingly becoming aware of the great potential of African soils and other rewards on...