In an earlier post, I talked about a Kenyan bank that began operations in South Sudan in 2006. At the time, the country was just emerging from the war, and no bank operated in the country. The perspective of making profits in South Sudan was in the distant horizon for the Kenyan bank. But the management team […]
Sub-Saharan Africa: A Road Map to Opportunity
This week I’m writing from Nairobi. It’s been a bit less than a year since I left, and I needed to get my “shot of Africa.” I arrived early on Sunday morning, and I could soon hear familiar song from a nearby church. Singing and dancing is an important part of African cultures (note the […]
Western Retailers Entering sub-Saharan African Markets
I love hanging around markets – although I try not to buy randomly: I always go with my shopping list. When you are in a new country, this is a great way to get a flavor for what life is like for local people. In Kenya, you get a variety of flavors from dusty farmers’ […]
The Rich Poor Divide in sub-Saharan Africa
One thing that struck me in Nairobi was the income gap. Neither picture is truthful. The same misconception can come from looking at country-level economic statistics unwisely. “Consumer income is one of the most important economic factors creating distance between countries,” according to my colleague Ghemawat. Simple as this may seem, it gets complicated when […]
Ease of Doing Business Rankings in sub-Saharan Africa
The Managing Director of a Kenyan company with operations across East Africa explained to me that “Rwanda is embracing investors. They have an organized, one-stop process. We were done with registration within a week.” Her experience doing business in Burundi was completely different. “The laws are not publicized and they change overnight”, she said. “Half […]
