Welcome back after the break! When I came back from Africa, one of my colleagues at IESE told me: “Africa, you’re re-energized!” Indeed, I am. One of the energy shots came from meeting the CEO of a leading bank in Kenya and East Africa. His approach illustrates that thinking long-term pays off in Africa. To the […]
It takes local management to succeed in Africa
At a meeting with the management team of a company in Nairobi, I was asked: “Our company started operations in Nigeria two years ago. So far, we have not succeeded. Based on your discussions with Pan-African companies, why do you think this is the case?” I had some seconds to reflect. It could not be […]
Intra-African trade and transportation
When I wrote about intra-Africa business travel a few weeks ago, Charles Ivenco – one of my friends from Lagos Business School – left a comment in which he told us about the improvements in air transportation over the last decade, and how this is related to the increased levels of intra-African trade. According to […]
The challenges of internationalizing in East Africa
If you are an Africa connoisseur (or if you have followed this blog), you will know that Africa is not a single entity. And neither are African regions: not all countries in one region are the same. This is more obvious in Western Africa where the anglophone/francophone distinction is immediate. It may be less obvious […]
The Chinese presence in Africa
Chinese economic presence in Africa comes in for a lot of criticism: the projects to which they contribute financing favor foreign companies while leaving local contractors behind – or so the critics say. The Chinese are also known for bringing in their own people to do the work. In Kenya, for instance, there has been a recent […]