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This guest post is by my friend Ifunanya Nwokedi. I’m excited about her starting to put her point of view out in the public square. While Africa needs a well-educated and experienced graduate to drive change and development, these are not the experiences students receive at universities. In their Quartz article, Seth Traudeu and Keno Omu…
Facebook has been on the hot seat as more information comes to light about the role it played in Russia’s meddling in the November 2016 election. The hot seat treatment brought the company’s COO, Sheryl Sandberg, to DC for an exclusive interview with Axios co-founder Mike Allen to discuss the situation and what Facebook was…
Several weeks ago, Chamath Palihapitiya did an interview with Kara Swisher on Recode/Decode that really got my attention. He was talking about how the venture capital industry was overdue for a shakeup to meet the needs of technology startups. He talked about using data science to identify investment opportunities and scale companies, similar to what…
A couple wee
I spent the evening
Bloomberg: Traders Snap Up Assets of Nation Where Default Is New Normal I’m not really sure what to make of this article. I wrote a several weeks ago about how I was nervous about hedge funds investing in countries like Mozambique. While the independent audit of the country’s finances seems to have given investors increased confidence…
Moody’s downgrades South Africa’s power utility Eskom South Africa continues to face challenges as bad news continues to emerge from week to week. On Monday, Eskom’s chairman resigned. On Tuesday, Moody’s downgrades the power utility’s credit rating. The question in my mind is what is the path forward for South Africa. President Zuma, who has…
I think this week showed us the extent to which we cannot take democratic institutions for granted. The Comey testimony. Prime Minister May’s snap elections. South Africa’s Barney Fife-like saga. All three situations have been concerning to watch for varying reasons. South Africa, in particular, is concerning
Politico: SPG Signs Kenya Trump-connected Stanton Park Group signed a $1.2M contract to represent the country’s interests in the US. I look forward to seeing what they accomplish. White House: Seventeen Nominations Sent to the Senate Today President Trump has nominated Texas real estate tycoon Ray Washburne to be President of the Overseas Private Investment Corporation.…
Bloomberg: Owner of $1 Billion Cobalt Project Says Rally Is Far From Over Eurasian Resources Group has a pretty massive cobalt mining project in the works in the Democratic Republic of Congo. The company stands to realize a nice return on investment at the rate cobalt prices are skyrocketing. They jumped 71% last year and…
Bloomberg: Star Rapper Akon Mulls IPO of Chinese-Funded African Solar Unit I was surprised to see this news. Akon’s Lighting Africa project has gotten a good bit of media attention over the past several years. Perhaps, as time goes by, more information about the company’s financials will come out. I think a lot of people…
All aboard #MadarakaExpress, May 31, 2017, 11:11 a.m. #SGRLaunch pic.twitter.com/0MQCS6A5U0 — Patrick Njoroge (@njorogep) May 31, 2017 Kudos to Kenya on launching its new passenger rail connecting Nairobi to Mombasa earlier today. Would be nice to have something like this connecting Atlanta and Savannah! Tech Central: MTN Slammed Over Bosses’ Millions A significant portion of…
Great meeting with @POTUS US President @realDonaldTrump during G7 summit. Time for new deal for Africa. Let's do it! pic.twitter.com/2MuCNM55ib — Akinwumi A. Adesina (@akin_adesina) May 27, 2017 US and Africa need each other. President @realDonaldTrump will do great things with Africa, with time @IvankaTrump pic.twitter.com/Yievy2p4ud — Akinwumi A. Adesina (@akin_adesina) May 29, 2017 Towards…
Cote d’Ivoire’s Military Situation Continues to Concern We continue to hear more and more about the cracks widening within Cote d’Ivoire’s Military. The military is a combination of trained career soldiers and rebel fighters who helped President Alassane Outtara oust Laurent Gbagbo when he refused to relinquish the presidency back in 2010/2011. Since that time…
Kwame Som-Pimpong 