Collaboration Key to Building Global Black Economy

By Lois Amanor

The Co founder and CEO of Clever Global Incorporated, Richmond Steven Obrimpong, says trade and collaboration are the strongest tools Africa can use to connect with the diaspora and grow the global Black economy.

Speaking on the Zed Tech Show on ZED 101.9 FM, Mr. Obrimpong explained that trade is the most powerful form of economic cooperation. He noted that goods, services, and people are what truly link regions together. For Africa, he said, trade provides the easiest way to engage with Europe, North America, and other parts of the world.

According to him, Africa is rich in talent, products, and services that the world needs. The challenge, however, is that the continent has not fully expanded its trade corridors or positioned itself in key markets. He stressed that if Africa takes trade seriously, it can create wealth, build leverage, and change the global perception that Africa is poor.

Mr. Obrimpong shared a personal experience from Europe, where someone once asked him if people in Ghana use mobile phones. He said he responded by pointing out that Ghana’s GDP is larger than that of the person’s country. This, he explained, shows that Africa has what it takes but must create access and validation in global markets. Once people trust African goods and services, they will trade with the continent, and that will drive growth.

Beyond trade, Mr. Obrimpong emphasized the importance of collaboration. He said small businesses can scale globally if they connect with partners across borders. Using shea butter as an example, he explained that even a small factory in Ghana can reach international markets if it finds the right partner. A product that sells for 10 cedis locally could sell for 10 euros or 20 dollars abroad, bringing more money into the country.

He added that small businesses should not limit themselves because of their size. Instead, they should focus on producing quality goods and being present in spaces where potential collaborators can be found. Events like the Clever Summit, he said, create opportunities for entrepreneurs to meet, build trust, and form partnerships. Trust, he explained, is easier to build in person than online, especially for small businesses without established brands.

Mr. Obrimpong also highlighted lessons from diaspora communities. He said Black communities in the U.S., Canada, and Europe have grown stronger by building networks and working together. During summer, he observed, it is common to see business events where entrepreneurs showcase products and services, engage with others, and build trust.

He believes Africans should adopt this community building approach. Strong communities, he said, create visibility and trust, which are essential for business growth. Without community, it is difficult to gain the credibility needed to succeed in global markets.

He concluded by urging Africans to take trade and collaboration seriously. By expanding trade corridors, building strong communities, and connecting with partners abroad, Africa can unlock its full potential and strengthen ties with the diaspora.