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Corporate America’s Changing Views on Africa

June 15th, 2009 | No Comments | Posted in Business, Film/Television, General, Politics, Travel

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Baird, the management consulting firm, recently asked senior officers of 30 American Fortune 100 corporations about their current attitudes on investing in Africa. While some of the results showed that not much had  changed, the study also revealed that corporate America was increasingly optimistic about Africa's role in their future business strategies. Three of the key points of the study, "Inside the Boardroom: How Corporate America Really Views Africa" are:

• USA Inc. is more interested in Africa than before, because the African market appears increasingly attractive, but Africa has tough competition and high hurdles for US investment. Education is at the top of the US corporate wish list for Africa; “educate your people so that we can employ them”

• The African countries that hold most interest are South Africa and some countries in the North, like Egypt; there are also some pockets of interest in West Africa, most notably Ghana, Nigeria and to some extent Angola; while some in the South (Botswana and Mozambique) and East (Uganda and Kenya), are also being watched

•To make itself more attractive for US investment, Africa should:

  • Invest in education , health and infrastructure
  • Ensure the rule of law and a business-friendly climate for all investing companies
  • Show it is serious about attracting foreign investment
  • Market itself as aggressively as other regions of the world
  • Demonstrate opportunity cost of not investing

A recent CNBC broadcast from Lagos, Nigeria (video below) also expounded on what Africa has to offer corporate America.

Could African industries and corporate America soon be on the same wavelength to develop mutually beneficial business astrategies? It seems we'll soon see.

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Painter Kehinde Wiley’s World Stage: Africa

August 11th, 2008 | No Comments | Posted in Art, Events, General, Travel





EXHIBIT
Kehinde Wiley, The World Stage: Africa Lagos~Dakar
July 17—October 26, 2008
PLACE
The Studio Museum in Harlem
144 West 125th Street
New York, New York 10027
tel 212.864.4500

The World Stage: Africa, Lagos ~ Dakar is Kehinde Wiley’s first solo exhibition at The Studio Museum in Harlem and features ten new paintings from his multinational “The World Stage” series. Wiley is known for his stylized paintings of young, urban African-American men in poses borrowed from eighteenth- and nineteenth-century European figurative paintings, a practice he started in the early 2000s while an artist in residence at the Studio Museum. Over the last two years, Wiley has expanded his project by living and working abroad; he temporarily relocates to different countries and opens satellite studios to become familiar with local culture, history and art. His “The World Stage” series is the result of these travels.

pictures from the exhibit opening

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Video: Fela! A New Musical (off Broadway)

August 10th, 2008 | 1 Comment | Posted in Art, Events, General, Music


Tony Award winning director Bill T. Jones directs and choreographs this new musical about the life of African Pop Icon Fela Anikulapo Kuti. Play runs August 5 Through September 21 only at the 37 ARTS located at 450 W. 37th Street between 9th and 10 avenues, NY, NY. Visit the website and get tickets.
More clips

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“Africa Rising” festival brings JAY-Z, Rihanna, Alek Wek to Nigeria & Washington DC

July 14th, 2008 | 3 Comments | Posted in Business, Charity, Events, Fashion, General, Music, Travel

Friday was the kickoff for Nigeria-based media company THISDAY’s 3rd annual festival titled “Africa Rising”. The star-studded THISDAY Music and Fashion Festival at the THISDAY Dome in Abuja, Nigeria featured performances by Jay-Z, Rihanna, and Usher. The fashion portion of the festival featured models Naomi Campbell, Tyson Beckford, Alek Wek, Oluchi, and designers Chris Aire and Ozwald Boateng. The annual festival which is “focus on finding ’sustainable solutions’ rather than the ‘problems’ facing Africa”, will be making it’s international debut with stops in Washington DC’s Kennedy Center on August 1 with Beyoncé and Seal as headliners, and in London on October 14. THISDAY has some 700 staff members in 38 offices across Nigeria. It also maintains a bureau in Washington DC, from which it provides news on Africa to a variety of global news organisations and agencies across all platforms- from online to broadcast.

“Right now the international community seems to be dealing with the symptoms not the problems of Africa. The symptoms are poverty and disease, but the problem is lack of social and physical infrastructure. This initiative is to highlight the need to focus sustainable solutions on the problems through massive investment in infrastructure and microfinance in order to rebuild Africa from the ground up. Europe is what it is today because after World War II the ‘Marshall Plan’ took hold. It did not deal with poverty, it focused on rebuilding Europe.” – said media mogul Nduka Obaigbena, THISDAY’s Editor-in-Chief.

The “Africa Rising” event “tour” reflects a rapidly growing trend in the Africa-focused aid sector: African’s creating products with a sustainability focus targeted to both African and international consumers. I’m eager to see what the attendance numbers are for the UK and US events.

more pics

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Cultures collide: Souja Boy African Remix

November 14th, 2007 | 3 Comments | Posted in Film/Television, General, Music, Technology

So far I’ve been very successful at avoiding Soulja Boy’s “Crank That (Soulja Boy)” song and video. While I always do my best to stay up to date on what is hot and not in pop culture, I find it hard to digest too much throwaway content. Call me judgmental but there’s only so much fast food a brain can take, especially at my age. But when I came across this African remix video of the popular Soulja Boy song, I was struck with the cultural implications. For me the video shown below, while being extremely funny, reflects how African culture, pop culture and technology have come to coexist and open up new avenue for self expression and creativity. We can easily dismiss the Naija (Nigerian) Boy Crank Dat video as another Youtube parody, but if we take a step back we can see that the ease of which the cultures are colliding in the song and video is something to take notice of. The Naija Boy video perfectly captures the way the new Afropolitans see themselves in their native culture and in western culture. From the reference to spraying money, to the dance scenes in traditional Nigerian outfits, to the scenes of the “rapper’s” white “fans”, the nature of the growing Afropolitan demographic is quite evident. While the Naija Boy video is entertaining, it certainly represents a shift in mentality among Africans in the west. The video is a lesson in cultural development as it shows what African youth in the west are willing to participate in and how they are willing to spend their money. (link via YG)

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Forget aid and money, Africa needs IDEAS!

August 8th, 2007 | No Comments | Posted in Business, Charity, General, Politics, Technology

If ideas are capital, why is Africa investing more on things than on information, and more on the military than on education? Suddenly, I realized what this idea could mean for Africa. If the pen is mightier than the sword, why does a general earn more than the work of a hundred writers combined? If ideas are indeed capital, then Africa should stem its brain drain and promote the African Renaissance, which will lead to the rebirth of the continent. After all, a renaissance is a rebirth of ideas. And knowledge and ideas are the engines that drive economic growth.

From Philip Emeagwali’s speech delivered at the University of Alberta, Canada, September 23, 2006 (read more)

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“Africa:The Next Chapter” videos premiere

The good folks at TED (Technology, Entertainment, Design) have debuted the first videos from the powerful TEDGlobal 2007 conference held in Tanzania earlier this year. Called “Africa: The Next Chapter”, the conference featured talks from many of Africa’s current innovators.  The first few uploaded videos include South African investment banker Euvin Nadoo – who I met at the Harvard Club in New York in April – describing a continent poised to light up, Ghanaian economist George Ayittey’s lacerating criticism of Africa’s “hippo generation” to inspiring appeal for the “cheetah generation” to arise, former Finance Minister of Nigeria Ngozi Okonjo-Iweala showing how the different pieces of the aid vs trade argument could be reconciled, and finally 19-year-old Malawian inventor William Kamkwamba who won a standing ovation for his shy 3-minute interview, revealing how as a 14-year-old he solved his parents’ energy needs in a village which had no electricity. These first videos are a window into the minds of Africa’s growing entrepreneural class. I can’t wait for the other speakers’ videos.

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Global Hip-hop in your city

July 17th, 2007 | No Comments | Posted in Events, Film/Television, General, Music, Politics

Nomadic Wax, the crew behind the Democracy in Dakar video series, are taking their global hip-hop on a mini US tour. The Global Underground tour features international hip-hop pioneers Chosan (Sierra Leone), LF and Laylo (Brazil/Dominican Republic), Foundation Movement (Puerto Rico/Liberia), Zuluboy (South Africa), DJ Boo (Philippines) an accomplished group of percussionists including Ernesto Abreau (Antibalas/Ya Esta), Chauncey Yearwood (The Pimps of Joytime/Escort), and Nomadic Wax founder Ben Herson (Nomadic Wax/Escort/Subatomic Sound System). The tour launches at Galapagos Art Space on July 19th in Brooklyn, New York, and will visit clubs in Providence, Rhode Island on the 21st and Boston, MA on the 22nd. If you haven’t seen any of these acts perform yet, do yourself a favor and catch them when they roll into your city.

Global Underground tour

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Video: How to help Africa? Do business there

An insightful video of Ngozi Okonjo-Iweala’s speech at the TED conference earlier this year. (via YG)

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Africans on TIME’s 100 most influential people list

May 3rd, 2007 | 2 Comments | Posted in Business, Charity, General, Music, Politics, Religion, Technology

Youssou Ndour TIME influentials 2007TIME magazine has released it’s annual picks of the 100 most influential men and women whose power, talent or moral example is transforming the world. The list is broken up into groups of Artists & Entertainers, Scientists & Thinkers, Leaders & Revolutionaries, Builders & Titans, Heroes & Pioneers. Here are the Africans who made TIME 100 most influential people list. The African country represented and the categories they appear in are in parentheses.

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