Cultures collide: A new Chinese-African identity

Chinese women in Lagos

As more and more Chinese make their way into Africa seeking opportunities, what will be the cultural impacts on African communities? While many larger Chinese corporations are setting up shop in Africa, there are also individual Chinese businessmen – and women – exploring the opportunities on the African continent. The image above shows an increasingly common interaction between Chinese and Nigerian businesswomen in Lagos. African students are already beginning to attend Chinese universities as a way to make themselves more marketable in the growing Africa-based Chinese job market. Around the world, the Chinese are known for creating businesses in communities where there was never an obvious cultural relationship, but then again so are Africans. So with the growing Chinese/African cultural exchange will both cultures maintain their distinction or will a new identity arise? (photo Sunday Alamba)

Annansi notes: Brangelina buys Ethiopia, Africom, MTV Africa awards begins, (RED)washing at Gap

  • Brad Pitt and Angelina Jolie bought Ethiopia. (Not the African country itself, but the island which represents Ethiopia in Dubai’s island phenomenon The World)
  • American general seeks to play down fears over new Africa command. (Uhhh… sure. No worries.)
  • Africa’s nuclear hopes. (Could this be the solution to the electricity shortages?)
  • MTV begins Africa Music Awards (Viacom knows where the money is)
  • More (RED)washing at The Gap (African charity still gets consumers in the retail door)
  • Gucci’s African charity Indy bag drops (holidays + African charity = $$$$)
  • India eyes Africa to meet rising energy needs (African’s need to refine and accelerate our business models)
  • First black (Nigerian) mayor elected in Ireland (A Nigerian Irish mayor. Wow!)

Reggae star Lucky Dube killed in Johannesburg

Lucky DubeThe BBC reports , one of Africa’s most loved musicians, South African reggae star Lucky Dube, has died from gun shot wounds in Johannesburg. It’s a VERY sad day for world music.

He had been dropping his teenage son and daughter off in the suburb of Rosettenville on Thursday evening. Police say they were already out of the car when three shots were fired through a car window killing their father. Alongside Bob Marley, he was thought of as one of the great reggae artists – singing about social problems. He was also one of the apartheid regime’s most outspoken critics.

Egypt, Ghana, Kenya among top 10 reformed business economies says World Bank report

World Bank top reformers

The World Bank has released its annual ranking of the ease of doing business in 178 economies. The newly released Doing Business 2008 Project “provides objective measures of business regulations and their enforcement across 178 countries. The team works closely with thousands of professionals around the world”. While the report gives a worldwide view on where to do business within various categories including starting a business, registering property, and enforcing contracts, of particular interest are the economies which continue to rise by offering new incentives and steamlining business processes. Of the top 10 reformed economies for 2006/07, three African countries – Egypt, Ghana, and Kenya – show some serious potential. This is particularly good news for Ghana as it will attempt to raise $750m on the international market this Thursday by having the “first ever listing of Ghana’s sovereign bonds on the international capital market”. With a one week listing on the London Stock Exchange beginning Thursday, September 27th, Ghana will be only the second sub-Saharan African nation, after South Africa, to be allowed to issue bonds on the international market as a means of raising funds to finance national projects.

The Doing Business 2008 Report is a great starting point for individuals and companies looking to spread their wings and enter one of the many attractive emerging African markets. The Doing Business website offers in depth explanations as well as an interactive chart where users can specify their region of interest and sort data by business concerns.

Africa Enterprising articles part 4

African Enterprising logoThe 4th edition of the The Carnival of African Enterprising has launched at Nii Simmonds’ Nubian Cheetah blog. As with the previous 3 installments of ideas, this edition highlights some of the best posts from the African business/entrepreneurship blogosphere. I’m happy to see that as the carnival continues, there are new names and perspectives being added. This edition covers Blogging Trade & Investment Forums, Business in Africa, Entrepreneurship in Africa with posts on:

  • TED Global 2007: Afterglow (David McQueen)
  • Idea Exchange: sponsors & links (Bankelele)
  • TED Global, Africa: The Next Chapter (Jen Brea)
  • Vote to add Africa 2.0 panel to SXSW festival schedule (G. Kofi Annan)
  • IBM Thinks Africa (Benin Mwangi)
  • Hear IBM Vice President’s view on Africa’s present market opportunities (African Path)
  • Kenyans in the Diaspora Conference Final Thoughts (Joshua Wanyama)
  • Planting Seeds: TED Global (Emeka)
  • The Power of a TED Talk (Erik Hersman)
  • Tanzania diminishes chances of regional integration (Ken Teyie)
  • In the media: Khartoum, the Dubai of Africa (Africaincorp)
  • Want Financial Freedom? Start your Own Fashion Business (Uduak Oduok)
  • Ideas to grow the informal sector in Africa (Nii Simmonds)
  • Meso Finance: the next area of financing for SME’s in Africa (Nii Simmonds)
  • From China to Virtual Africa: How Can Participatory Media Benefit the World? (Alanagh Recreant)

Head over to the Nubian Cheetah blog for the post description and links.

UNICEF: Mudfaced African children need your help!

UNICEF Germany mud Africa adsIf there was any doubt about how ineffective and out of touch old-world charity organizations have become when it comes to Africa(ns), here is an example. UNICEF Germany put time, effort and valuable resources into producing this recent ad campaign which “shows four German kids who appeal for solidarity with their contemporaries in Afrika”. In an attempt at drawing a familiarity between German and African children on the topic of education Jung von Matt/Alster – UNICEF’s ad agency – came up with the brilliant idea of showing typical German children with mud spread across their faces. Taglines for the ads include: “In Africa, many kids would be glad to worry about school”, “Some teachers suck. No teachers sucks even more”, “In Africa, kids don’t come to school late, but not at all”, and my personal favorite “I’m waiting for my last day in school, the children in Africa are still waiting for their first one”.

Needless to say, the ads have caused a lot of controversy. When “help” efforts like UNICEF’s and the eerily similar Giorgio Armani’s Kate Moss cover are so off mark, you know there is a serious need for African intervention at the planning stages. Someone tell these guys to give me a call before they embarrass themselves further and continue to lose money.

More coverage:

Forget aid and money, Africa needs IDEAS!

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)

Climate change threatens Ghana’s economic future

Akosombo Dam by ckoukkosSpeaking to people living in Ghana recently, I had become worried by the ongoing power problems. While power outages are nothing new to many of us in developing countries, I have started getting worried about the effects of Ghana’s ongoing power issues on the country’s looming economic growth spurt. While power shortages are an inconvenience to the regular Ghanaian, for Ghana’s growing entrepreneur class the shortages are a critical issue. The Wall Street Journal’s Michael Phillips writes

Just as its economy is picking up steam, Ghana is finding its growth stunted by a force beyond its control: climate change.

Rainfall in the West African country has declined so sharply in recent years that the water level behind the 41-year-old Akosombo Dam, long the country’s main power source, is now at a record low, forcing the government to ration power and companies to invest in costly diesel generators. Economists estimate the water-and-power shortage could slash as much as two percentage points off Ghana’s economic growth this year.

The water level at the Akosombo Dam is 41 feet below the dam’s high-water mark, affecting Ghana’s power distribution and subsequently it’s business climate. “Officials say they will bring emergency generators on line and hope a long-dormant plan to add a Chinese-financed dam on the Black Volta River, upstream from Akosombo, will become a reality within a few years.” the WSJ article points out. But while global warming has accelerated it’s unreliability, many Ghanaians I’ve spoken to fault government officials for not moving quickly enough to find alternative sources of electricity to relieve the pressure on the 41-year old Akosombo Dam. With the 2008 Africa Cup of Nations and numerous other economically beneficial events planned in the next year alone, Ghana is at a crossroads and a wrong step can undo 50 years of steady growth.

(photo by ckoukkos)