Category: Sub-Sahara

Nigeria Amplifies Infrastructure Story

Nigeria Amplifies Infrastructure Story

Businessmen need added endurance in Nigeria. Of the 189 countries tallied by the World Bank in its Doing Business survey, the country ranks at 169. But aggregate data obscures reasonable deal flow, both here and in other emerging markets. Critics should give the Nigerian government credit for finishing a 187-kilometer rail  More ►

East Africa Gets a Face Lift

East Africa Gets a Face Lift

Kenya and Tanzania are on the cusp of an infrastructure war. Both are building large-scale seaports; both understand the economic stakes of having a modern, deep-water facility on the grid. The bad news is that any profit-loss analysis is probably loaded with assumptions that shift with the ocean currents. The good news is  More ►

Wealth Percolates in Johannesburg

Wealth Percolates in Johannesburg

Global investors can be surprised at the scope of discretionary income across the developing world. The opening in Johannesburg of the first Starbucks in the Sub-Sahara illustrates the point. Consumer demand was so great that the company’s US-based CEO Howard Schultz exclaimed, “I have never seen a line like this a week  More ►