Chinese investments in Africa have been gaining pace since the turn of the century. And Chinese people have immigrated onto the continent along with their investments. That much we knew. What I didn’t know is that Africans are also migrating to China, according to articles in The Africa Report. One of them, called “People are […]
Thinking long-term in Africa
Welcome back after the break! When I came back from Africa, one of my colleagues at IESE told me: “Africa, you’re re-energized!” Indeed, I am. One of the energy shots came from meeting the CEO of a leading bank in Kenya and East Africa. His approach illustrates that thinking long-term pays off in Africa. To the […]
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Cooperating with suppliers
Last week I interviewed the Country Manager for Kenya of a large agricultural trading group. The group originated in Africa, and it operates worldwide. What attracted my attention the most is its cooperative approach to dealing with its suppliers. In this group, they buy commodity products from small farmers, and accumulate their volumes to sell. […]