President Zuma Skips Monday’s innovaBRICS & Beyond Conference – link South Africa’s President Jacob Zuma cancelled his scheduled Monday appearance in London at the innovaBRICS conference, hosted by Deloitte. South African publication City Press reported that President Zuma cancelled his appearance due to not being able to secure a meeting with Prime Minister David Cameron,…
Oil Discovered Off Senegal’s Coast – link The wave of West African countries discovering oil continues with Cairn Energy, a Scottish Oil Company, striking oil about 100km off the coast of Senegal. The company is not yet sure about the size of the discovery – a first for Senegal. When Ghana discovered oil in 2010,…
Here’s the rundown on last week’s episode of New Rules Africa. Check out the video for our deep dive into Africa’s stock exchanges: Link Marriott Plans to Build 50 Hotels in Nigeria, South Africa, and Egypt by 2020 – Link Marriott is putting both feet in Africa, where it projects to have its highest revenue growth through…
Cherae and I had a great time on New Rules Africa this week, covering: Zimbabwe established sovereign wealth fund Rocket Internet filed for IPO in Germany African Development Bank opened Young Professionals Program Read the summary below to get up to speed on what we covered, and check out the show. Zimbabwe Establishes Sovereign Wealth…
Nigeria has tremendous growth potential and risks. My friends and I hopped on a Google Hangout to discuss.
Key Points 1. The saga around the suspended Central Bank of Nigeria governor continues; 2. The Central Bank governor is handily backing up his reputation; 3. President Jonathan could get a black eye from this fight; and 4. The independence of the Central Bank of Nigeria is in the balance. The Saga The February 20…
Davidson profiled Muna Musiitwa on her work in Africa. Great nuggets on key questions for mapping the way forward on the continent – [http://buff.ly/1ojta8X] Jason Njoku does some nice analysis on property values in Lagos in parallel with tech investments – [http://buff.ly/1ojtfsY] Former New York Mayor Michael Bloomberg has paid a good bit of attention…
The Dropifi team probably felt chills running through their bodies while watching Zendesk’s share price rise 49 percent on day one of its IPO on Thursday, and then reach a $1B market cap on its second day of trading on the New York Stock Exchange. Here’s why: 1. Big Sandbox – In its Form S-1…
Campbell Brown says @DanielLoeb is like a Marine— 'There is no better friend and no worse enemy' http://t.co/WUyoHkI067 @SuccessCharters — Julia La Roche (@JuliaLaRoche) April 29, 2014 Your reputation is powerful. I recently sat in on a workshop covering best practices for managing one’s reputation. The three prevailing themes were: 1. What do you perceive…
“I don’t feel pressure from being the President of the Toronto Raptors. I feel pressure from Africa.” The energy that entered the room when Masai Ujiri said that at yesterday’s NYU Africa Economic Forum is why I am still awake. Masai went on to say that his work would be a waste if he didn’t…
When I first saw, the agenda for the Africa Rising seminar at this year’s IMF/World Bank Spring Meetings, I posted a tweet: There's a peculiarity in the agenda for IMF/World Bank Spring Meeting seminar on "Africa Rising." What is it? http://t.co/wiuvyow1We — KWAME (@KwameSomPimpong) April 7, 2014 Probably not the wisest thing to not provide any…