Tag Archives: Africa investment

Obama in Kenya: A report from the field and a recap of the Global Entrepreneurship Summit

The nation of Kenya was gripped by a palpable sense of excitement and outsized expectations prior to President Obama’s arrival on Friday, July 24. On the day the president arrived, offices in Nairobi were closed, banks shut down early, and the city’s emptied streets were adorned with American flags and ubiquitous posters conveying the message, … Continue Reading

Foreign Investment in Africa is Booming

This week U.S. Commerce Secretary Penny Pritzker is leading an energy business development mission to West Africa with stops in Ghana and Nigeria.  The mission will help US companies launch or increase their business in West Africa.  Both countries are facing considerable growth and need the foreign investment as they expand their energy resources. This … Continue Reading

Africa’s Coming Infrastructure Boom

The World Economic Forum (WEF) African regional meetings in Nigeria this week emphasized that a major push on infrastructure is underway in Africa.  In order for Africa’s recent economic turnaround to continue, large scale investment activities including energy, transportation, housing, and telecommunications are essential. The amounts required are staggering.  According to McKinsey CEO Barton investment … Continue Reading
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