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 […]
African Investment – Strategic Sectors
The CEO of an important financial institution in Kenya told me once, “If the head of the family isn’t well, then the whole family stops to look at this guy who isn’t well. Now if he isn’t well then the kids are not going to school, and if they aren’t going to school then their […]
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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 […]
Economic Performance Turnround in Ivory Coast
Think of Ivory Coast and what comes to mind? The war? The one that ended 4 years ago? I would hope that what comes to mind is what the Financial Times reported recently, that Ivory Coast has been transformed “from the worst performer in Africa in 2011 to one of its fastest-growing economies today.” What […]
People Smuggling and Modern Slavery
On a visit to Barcelona, a colleague of mine from Lagos Business School casually met another Nigerian in the street. After chatting for a few minutes, her new friend asked in surprise: “… did you come here by plane?” The anecdote might sound funny but the reality it reflects is anything but. He was surprised because […]
