Nigeria

This week, the U.S. Centers for Disease Control (“CDC”) reported that the outbreak of Ebola in Nigeria could be coming to an end, with no new Ebola cases since August 31, and the last patient under surveillance released on September 23. In light of this positive development, the CDC
Continue Reading Ebola Containment and Prevention: Nigeria Provides Lessons for the World

At the start of this year, Financial Times declared Africa to be “the new battleground for global domination among hotel groups.”  The expected launch today of a $48.8 million Initial Public Offering (“IPO”) by Nigeria’s hospitality giant Transcorp Hotels indicates that Nigeria continues to be one of the
Continue Reading Transcorp Hotel’s $48.8M IPO Shows Nigeria Remains Leading Choice for Hotel Industry Investments

One of the most effective and innovative uses of mobile technology in recent years has been in the delivery of government services.  Yesterday, during the Corporate Council on Africa’s “Leading the Way in U.S.-Africa Investment” program, the Nigerian Minister of Agriculture and Rural Development Dr. Akinwumi Adesina detailed how mobile
Continue Reading The Electronic Wallet System: How Nigeria Is Dialing Into Its Agricultural Sector

Last week the U.S. House of Representatives passed the Electrify Africa Act of 2014, confirming the existence of a broad, bi-partisan consensus in favor of supporting U.S. direct investment in Africa’s energy sector.  The bill, which now heads to the Senate, seeks to establish a “comprehensive United States Government
Continue Reading Electrify Africa Act Affirms Broad U.S. Support for Investment in Power Sector

There are many significant aspects to the recent recalculation of Nigeria’s Gross Domestic Product (GDP), which has nearly doubled in size to become the largest economy on the African continent.  It is worth noting that the country’s film industry, known as Nollywood, had not previously registered statistically. According to
Continue Reading Nollywood, Intellectual Property and Nigeria’s New GDP

Despite various countries making great strides forward in responsible fiscal management, recent events have reignited concerns about the integrity and independence of central banks  in Africa.  Specifically, in the past few months, one central bank governor has been suspended, another has been threatened with arrest, and a third has abruptly
Continue Reading Maintaining the Independence and Integrity of Central Banks