(L-R): Mutsa Chironga, Aliko Dangote, Acha Leke.

Pause: Food for thought

__Take a look and a read, and tell me what you think.

A few months ago I agreed to participate as part of an interview series on prominent Africans by the McKinsey Global Institute (the world’s foremost private think tank) to share some ideas about African entrepreneurship. Here’s a link to my interview and much more: https://mck.co/2V9EHgl

I hope you enjoy it. You can also watch other interviews with thought leaders on Africa which I think you will find very interesting. Please don’t publish it for copyright reasons at McKinsey but you can like it on our platform or share with a friend.

For those of you who enjoy a serious read as I do, McKinsey & Co’s Africa team, which includes some of the smartest people I know, has just released an amazing book: “Africa’s Business Revolution: How to succeed in the world’s next big growth market”, by Acha Leke, Mutsa Chironga and Georges Desvaux.

This book contains the kind of information on Africa that investors will expect you to know, when you go for the BIG $’s!

Now here’s a little homework. Check out below a few of the facts and figures from that book. As an entrepreneur, what do you see?

# Africa’s population today is about 1,2bn, expected to double by 2050;

# 122 million people across Africa are active users of mobile financial services; (this is more than half the users globally!)

# $5.6tn (yes, trillion) is the projected consumer and business spending on the continent by 2025;

# Africa’s 700 largest companies earned a combined $1,4tn in revenues;

# Africa has over 400 companies with revenues of $1b or more (soon to include some of you, if not already).

“Why Africa? Why now?” is the first section… The next (which is most of the book) is “How to win in Africa, a strategic guide”. The book concludes discussing something we talk a lot about here, “Doing well by doing good”…

Need I say more? Get the book. You can see even my friend Aliko got himself a copy!

End.

 

by 5 Replies

About Strive Masiyiwa

Strive Masiyiwa is the Founder and Executive Chairman of Econet, a diversified global telecommunications group with operations and investments in over 15 countries. His business interests also include renewable energy, financial services, media and hospitality. Masiyiwa serves on a number of international boards, including Unilever, Rockefeller Foundation, the Council on Foreign Relations’ Global Advisory Board, the Africa Progress Panel, the UN Secretary General's Advisory Board for Sustainable Energy, Morehouse College, Hilton Foundation's Humanitarian Prize Jury and the Kenjin-Tatsujin International Advisory Council. He is one of the founders, with Sir Richard Branson, of the global think tank, the Carbon War Room, and a founding member of the Global Business Coalition on Education. Masiyiwa took over the Chairmanship of the Alliance for a Green Revolution in Africa (AGRA) from Kofi Annan. He is also Chair of the Micronutrient Initiative, a global organization focused on ending child hunger and improving nutrition. In 2012, Masiyiwa was invited by President Obama to address leaders at the Camp David G-8 Summit on how to increase food production and end hunger in parts of Africa. In 2014, Masiyiwa was selected to Fortune Magazine’s list of the “World’s 50 Greatest Leaders”. As a philanthropist, he is a member of the Giving Pledge, and his contributions to education, health and development have been widely recognized. Masiyiwa and his wife finance the Higher Life Foundation, which provides scholarships to over 42,000 African orphans. In 2015, he was the recipient of the International Rescue Committee’s Freedom Award and was presented with a UN Foundation Global Leadership Award for the work of the Africa Against Ebola Solidarity Trust, which he chairs and helped establish to fund the deployment of African healthcare workers to combat the outbreak in West Africa.

5 thoughts on “Pause: Food for thought

    • Aremu Samuel

      Thanks for the information about opportunities in Africa. Please how can l get the book about Africa Revolution in Lagos , Nigeria..

      Reply
  1. Strive Masiyiwa Post author

    #BreakingNews Shout Out!

    Big congratulations to my good friend Fred Swaniker, a co-founder of the Africa Leadership University (ALU) . A few days ago he told me that Fast Company Magazine ranked ALU the #1 most innovative company in Africa… and #39 in the world! (Alibaba is #15; Apple is #17 on that list).

    ALU is the only university in the world who made it to the top #50. WOW.

    I also saw that the “Farm to Market Alliance” (which includes Yara, our partner in the new Generation Africa #agripreneur project that I talked about in Davos) was on that list. That group is working to help 150,000+ farmers get their products to more and more markets… #ReImagineRural!

    Congratulations to all.

    https://www.fastcompany.com/most-innovative-companies/2019/sectors/africa

    Reply
  2. Victoria K. Muzyamba

    Dr Masiyiwa,
    warm greetings to you, sir. It would be a great honour to hear from you, as I truly want to learn from you. I am only but a young woman whose desire is to graduate from college and render my services to humanity. Given how very busy a man you are, and you certainly receive a huge number of messages like this one, please hear me out and consider my request.
    My name is Victoria, I am an undergraduate medical student in Zambia who is currently out of school. Your intellect, wisdom, skills, hard work and determination are amazing sir. Your facebook posts always leave me in awe and inspired despite all these challenges I am facing. Your humility, passion for education, faith and tenacity to achieve your dreams motivate me greatly. I remember your first artical which I read a few years back ‘What Do You See: The Audacity of Faith’ It is still one of the powerful inspirational stories I have ever read and it keeps me motivated.
    Considering your many virtuous acts over the years and many achievements inspires me. I desire to learn from great people like you, I am encouraged to pursue my dreams no matter what so I too can contribute to making our world a better place. You are exemplary, sir.

    With all sincerity, I am in dire need of your help. I have been unable to continue with my studies for 2 years since 2016. I need to raise about $1,900 for my tuition fees which I need to pay up in order to get back in school and continue my studies. Please if you can, kindly advise on how I can get back in school, maybe there is a foundation I can apply for a scholarship as a young woman or an institution I can apply for a student loan. I have developed an interest in entrepreneurship lately, given an opportunity to learn more about it along side my medical studies I would grab it with both hands.

    I have exhausted all channels I possibly could here in Zambia but nothing has come through. February is ending, I was hoping that I would resume my studies this March. Your input will be highly appreciated, please help me in any way you deem fit out of your genorosity.

    Sir, as earlier stated, I am very earger to go back to school. This time around, not only do I want to study medicine but I also want to learn some entrepreneural skills too. I am 26 years old and my dream to be a physician is as alive as it was when I was 10 years old, and I know I was born to be a medic. I have contacted you knowing that your profession brings you in contact with a lot of people as well as different organisations and I am hoping that you might know someone to direct me to or somewhere I can seek assistance. Please consider my request. Thank you for taking time to read my message.

    Kind regards.

    Yours in sincerely,
    Victoria K. Muzyamba

    Reply

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