A couple of years ago, Kenyans were very optimistic: they had found oil in the Northern part of the country! Last year, it looked like the country could become an exporter of oil. Right now, Kenya is benefiting from being a net energy importer. Is oil a blessing or a curse for a country’s economy? […]
The Course of Connectivity
Anywhere and everywhere you look in Nigeria or Kenya, you will find people on their mobile phones and other gadgets. One of my colleagues sent me a presentation by Frost & Sullivan titled “Mega Trends in Africa: Macro-to-Micro Implications for Business, People, and Society.” It covers a wide range of issues: from the future of banking […]
Urban Transport
Many people have asked if I enjoyed life in Lagos. I certainly did, even though life is not easy there. Urban transport is one of the daily struggles. But I had it easy – my host Lagos Business School covered my needs. Afolabi, Henry, or another driver picked me up every day, took me to […]
Entrepreneurial Energy
One strong impression I’ve gained during my trips to sub-Saharan Africa (SSA) is that the people are full of entrepreneurial energy. Even taxi drivers are constantly thinking about what kind of business to start. Colleagues who visit the continent regularly share this impression. Just watch Christian Staedler from Warwick University in a recent talk on […]
Africa Powering Ahead
In the middle of the Lagos heat, I said to a colleague: “I feel very fortunate to have air conditioning, there are so many people here who just have to bear this heat, that I feel bad about it”. Half-joking, he answered, “On the other hand, everybody has a heater!” Not that Lagos is sunny, […]