An african country requires all foreign retailers to undergo a lengthy evaluation before setting up stores in the country. how does this affect the country's economy?

A lengthy evaluation of the retailers is important in order to set their stores in Africa which will have an impact on their economy as well.

Explanation:

The goods which the retailers of foreign countries sell must have a reasonable price and it must generate adequate income to the economy. Evaluation on the quality of the products, the genuine of the retailers in selling the quality products need to be cross checked with thorough evaluator strategies that had to be taken up by Africa.

The penetration of the retailers from the foreign countries are evaluated to be twenty to thirty per cent and Kenya is dominated by the informal retail sector which aims at selling goods to the middle class shoppers of Africa. Many international retail giants look Africa to be a thriving economy for retail trade.

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