Time is a scarce resource for everybody. That’s the case for business leaders anywhere, including those from places stereotyped as time-mindedless (excuse the linguistic liberty!) such as sub-Saharan Africa (SSA) countries. There’s a reason why most leaders in these places have a driver: this way, they can work while in traffic jams. How do these […]
Facebook, Google and Connectivity in Africa
Before I visited his country, a colleague from Nigeria described to me how an up-and-coming Nigerian youth shared the same interests as youngsters in developed countries: they want to have i-pads, use social networks, and so on – as everybody else. Yes, I’m aware that this is just one part of the Nigerian society. Not […]
Google Plans to Invest in Kenya
A piece of news I read in Wired grabbed my attention: Google plans to acquire Vestas’ 12.5% share in what will be Africa’s largest wind farm – Lake Turkana Wind Power (LTWP), in Kenya. Energy is a key input for Google’s business – they need to ensure reliable provision. This investment may be a sign […]
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 […]
Africapitalism: Capitalism with African Values
Africapitalism is not a play on words: it’s an economic philosophy developed by Tony Elumelu, a Nigerian visionary entrepreneur and philanthropist. His philosophy represents the private sector’s commitment to the economic transformation of Africa through long-term investment that generates both economic prosperity and social value. The Tony Elumelu Foundation promotes this philosophy through the Africapitalism Institute, one […]