Last week, I wrote about the potential for growth in Nigeria. That kept me thinking about the many opportunities companies have to contribute to the socioeconomic development of the country if investing in the right industries – and doing so in the right way! Wondering about foreign direct investment (FDI) in the country, I came […]
Top Companies in Africa
The Africa Report just published their list of top-500 African companies. This ranking is based on turnover (2014 data), and it includes companies operating in Africa whether they are homegrown or multinational affiliates. Some highlights (refer to the tables below): Top-10 companies in Africa: There hasn’t been much variation relative to last year: Sanlam, a […]
Oil: Blessing or Curse?
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? […]