…while Louis Vuitton’s Cruise 2017 runway extravaganza last weekend seemed to suggest otherwise, make no mistake: the current state of affairs in Brazil is having a serious effect on the country’s appetite for luxury goods. “Nobody knows what’s going to happen here politically — that’s the truth. It’s a very strange situation for any level,” says Brazilian fashion industry consultant Gloria Kalil. “Brazil gives false messages; the beauty, the openness. But I don’t know who continues to buy here right now. Sometimes you go to those big luxury shops and you see no one in there for days and days and days. It’s very hard to nail down the problem; you never get very straight answers when you ask. They say that they send their collections to clients’ homes. Maybe they’re right, maybe they know what they’re doing. I’m not sure.”
China’s Pearl River Delta is swallowing up nearby cities. As the largest urban area in the world, the region features a population of roughly 42 million housed inside a 2,700-square-mile perimeter. The Pearl River Delta is made up of nine cities, each boasting populations above 1 million. And China is combining them all into one giant megacity. It’s bigger than Canada (pop: 35 million), Australia (pop: 23 million), and Argentina (pop: 41 million). The PRD began as a rural region with an agriculture-based economy. Urbanization didn’t take off until the early 1990s, when factories and big business flocked to the region and brought with them millions of new residents.
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?)
Here’s an interesting read from Wharton School’s Knowledge network.
But most Africans are seeing little benefit from this influx of oil drillers and investment. In fact, because of an economic paradox known as the “Resource Curse,” they are often hurt by exports of their countries’ oil. “Between 1970 and 1993, countries without oil saw their economies grow four times faster than those of countries with oil,” Ghazvinian notes, adding that oil exports inflate the value of a country’s currency, making its other exports uncompetitive. At the same time, workers flock to booming petroleum businesses, which saps other sectors of the economy. “Your country becomes import-dependent,” he says. “That decimates a country’s agriculture and traditional industries.”
As the the world goes online by the millions, the possibilities for domain names grows. The internet naming governing body, ICAAN, has been doing a good job so far of keeping up with the demands of online activity and creating standard practices. But while ICAAN considers the creation of non-english domains, Andrew Mack asks, “In a world of .com and .org, why not .Africa?”. Andrew raises a good point as the African continent attempts to attract investment; what better way to reach as many people as possible than organizing around a similar domain. From a business and tourism stand point I can see the .africa domain working as it will help foreign consumers identify services available within countries on the content. Imagine if there was a www.tourism.tz.africa for Tanzanian tourism information instead of the current www.tanzaniatouristboard.com. As Andrew points out, many southern African businesses have currently adopted the .za domain in an attempt to create an association with the strong South African economy and brand. But why not eliminate the regional segmentation and create a continental domain that would aggregate the strengths of the various economies. A .africa domain will also allow the centralization of many African content, business or otherwise, and more accurately reflect the size and depth of content about the continent strengthening the Africa’s brand image. So what do you think? What are the pros or cons of a .africa domain? Would you change your domain? Read more about the .africa efforts at www.dotafrica.blogspot.com.
Recently, MTVU, the university station of MTV, organized a visit by best selling author Malcolm Gladwell (The Tipping Point, Blink: The Power of Thinking Without Thinking) and Ethiopian-born American musician Kenna to a University of Pennsylvania sociology class. The class was in the process of studying the chapter “Kenna’s Dilemma” from Gladwell’s book Blinkand the two men made an appearance to discuss the dilemma Kenna faces as an artist who, though heralded by many in the music industry as the next big thing, has yet to connect with a large enough fan base.
If you haven’t heard Kenna’s music yet, I encourage you to get familiar. Kenna, born Kenna Zemedkun, makes some of the most inspiring left of center music today. As a member of the Neptunes production duo’s (Pharrell Williams and Chad Hugo) extended StarTrak family, Kenna’s sound is not what you’d expect pop music to be. Though his previous album New Sacred Cow, the subject of Gladwell’s chapter, had a creative video for the single “Freetime” and gained a 3 star review from Rolling Stone Magazine, it has not made Kenna the superstar he needs to be. Not one to be deterred, Kenna returns this time around with a new marketing strategy for his new cd Make Sure They See My Face. As with similar African-born western-raised artists such as K’Naan, Akon, Somi, and Chosan, Kenna’s comfort with balancing his African and western identities make his music uncategorizable for many. This time around though the combination of re-newed interest in ’80s-style music and fashion, the growth of the popular black nerd trend (Pharrell, Lupe Fiasco, Kanye West) as an alternative to the blinged out hip-hop stereotype, and Kenna’s own growth as an artist and business man, position’s Kenna and his music for better commercial success. Kenna’s image and music adds another dynamic to the growing Afropolitan demographic. As Kenna and the Afropolitan demographic grows more confident in his/her own identity they are exerting incresing influence on popular culture through their art. Hopefully the only dilemma Kenna will face this time around will be how to live with his celebrity. I’ll be watching his rise, and so should you. NPR on Kenna’s career
Two weeks ago I attended the African Travel Association‘s Second Annual Presidential Forum on Tourism at New York University. The forum, organized by the ATA – a global travel trade association promoting tourism to Africa – and hosted by NYU’s Africa House, was put together to provide African leaders from Tanzania, Ghana, Cape Verde, Lesotho, Zambia, Malawi, and Rwanda with the opportunity to “present the continent’s rich travel opportunities to almost 200 leaders from government, non-government and business communities, the tourism industry, travel trade media, and education”. As we waited for the Presidents and representatives to arrive, I spoke to Maria Mmari, Tanzania’s Assistant Director of Tourism Development, who told me about her country’s efforts to encourage tourism. Ms. Mmari informed me that the week prior, Tanzania had launched it’s first ever television campaign “Tanzania: Land of Kilimanjaro, Zanzibar and The Serengeti†with an event at at Tavern on the Green. In line with the ATA’s current theme of promoting “Destination Africa“, Tanzania’s campaign focuses on positioning the nation as the home of some of Africa’s most recognized destinations, Mt. Kilimanjaro, Zanzibar and the Serengeti, Speaking to Ms. Mmari, I got the feeling that the Tanzanian tourism board had the right idea about what steps to take to encourage American tourism. As Ali Velshi, CNN senior business correspondent, said during his presentation at forum, “American tourists are concerned with safety, reliable communications, stable governance, reliable banking, and luxury”, and African countries hoping to attract these high-spending tourists need to find ways of alleviating these fears. Though I haven’t yet seen Tanzania’s television spot on CNN, CNN Headline News, CNN Airport and CNN.com where it is currently running, I applaud the Tanzanian government for taking the steps to create a brand association for their country. I would encourage the tourism board to continue their efforts. It’s good to see that African governments are taking branding and marketing seriously. I’ve long argued that African countries needs to work on their brand image at the same time as it is working on it’s other problems. While everything might not be perfect on the ground, there is no reason not to start the process of repairing the global image and get interested parties involved in our successes early on.
Bradford Global Marketing, New York, is handling the campaign, which will run through the year-end holidays on CNN’s airport network. Placement also includes CNN’s “Headline News and CNN.com through next March and resumes again next fall. Budget was not disclosed. The outreach also will include on online training program to train travel agents as destination specialists. The U.S. is Tanzania’s No. 2 source market behind the U.K. More on the campaign at BrandWeek
Fall Out Boy head to Africa….Uganda really (What’s a rock band’s image without an African charity connection. Shout out to director extraordinaire Alan Ferguson) )
Clint Eastwood will direct Morgan Freeman and Matt Damon in a new Nelson Mandela movie “The Human Factor” (The Hollywood/Africa trend grows. They should expect a call from some concerned Africans real soon.)
Facebook is the new office fashion in Kenya (Rupert Murdoch needs to get the Myspace/Wall Street Journal thing sorted out fast)
Actress Mary-Louise Parker adopts a child from Africa (Can all these African childrens’ biological families get visitation visas now?)
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.
Two weeks ago I attended the 
current theme of promoting “