The immigration officer stares anxiously at the Portuguese passport. It’s not an uncommon sight at Maputo’s International Airport as the country is increasingly seeing foreigners at its ports of entry with an interest in working in the country. Times have certainly changed since the early 1990s. Then, the country was [...]
Two businessmen on their iPhones argue over Congolese economic policy at Le Café Conc, an expensive French restaurant in the middle of Kinshasa, the capital of the Democratic Republic of Congo (DRC) The businessmen – Joseph and Patrice – are small-scale investors from the city. They are sending emails to [...]
Companies are suffering from a lack of talent. When Bain & Company surveyed nearly 1,000 companies around the globe, we found that less than one-third of them were happy with their ability to acquire the right talent, deploy them in roles where they could have the highest impact, and implement [...]
The news coming from the Western press about Zimbabwe leaves little to be desired about the small former British colony. President Robert Mugabe, Zimbabwe’s leader since 1987, has been called many things — from enigmatic despot to educated visionary. Both descriptions may be fitting at times, depending on the political [...]
Africans still pay far more for telecommunications than western countries as a proportion of their overall income. In Kenya, the darling of African telecom expansion, where many incomes still fall below the World Bank’s poverty base line of $2.50 per day, it is no different. “Currently poverty stands at 40-42%, [...]
In the kingdom of developing countries, there used to be the big four: China, seen as the assembly line of the world; India, the world’s back-office; Russia, the energy behemoth; and Brazil, the biofuel and large-scale agriculture provider. These countries joined forces to create the “BRIC” block and drive a [...]
While landing in Khartoum, it is hard to ignore the new high rises and unexpected façade of a real estate boom. Surely it must be a façade because this is Khartoum. For those who have traveled between Frankfurt and Addis Ababa, the two-hour stop to refuel in Khartoum simply seems [...]
Africa’s potential as an economic frontier has come to fruition. At this year’s African Economic Forum at New York University, entitled People, Ideas, and Events Reshaping the African Continent, we celebrate success stories in hopes of inspiring a new generation of leaders. Headlining the African Economic Forum, which takes place on [...]
“The times are changing in the Horn of Africa and the larger East Africa region. Ethiopia – once the byword for famine in the region – is garnering attention from foreign investors. In Part I of “Top 5 Opportunities for Investment in Ethiopia,” I recommended financial services, telecoms, and heavy [...]
The BRICS group of emerging economies (made up of Brazil, Russia, India, China and South Africa) gather at the 5th annual BRICS summit in Durban, South Africa. It is the first time the summit is being held in Africa – and rightly so – as the theme for this year [...]
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