Lagos is full of street vendors (see an earlier post about their frenzy activity!). It can get overwhelming! One of my Nigerian friends explained to me “Yeah! We’re traders! There’s hardly any manufacturing, and there are historical reasons for this: the Brits were interested in selling overseas what they manufactured at home…” This seems to […]
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 […]