May 2024

Picture source by Derek Zheng for Bloomberg Business

The Recent Exodus of Multinationals From West Africa: An Analysis of the Problem and Solutions

Summary: West Africa has long been touted as one of the best destinations for doing business, partly due to its natural resource endowment and large and growing population. However, the region has faced many economic challenges in recent years, which have been exacerbated by the COVID-19 pandemic as well as the Russian-Ukraine war. The recent […]

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From Politics to Profits: How Starbucks Can Recover from a PR Nightmare

Starbucks Corporation, which was founded in 1971 in Seattle’s Pike Place Market, has become the world’s largest coffeehouse chain, known for its signature roasts, light bites, and inviting store ambience. Starting out as a retailer of whole and ground coffee beans, the company has transformed into a key player in coffee culture, emphasizing the social

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Climate Change: A Looming Threat to Workforce Productivity and Business Continuity. 

A recent International Labour Organization (ILO) report highlights the alarming reality of climate change’s impact on the global workforce. The ILO estimates that “more than 2.4 billion workers, or more than 70% of the total 3.4 billion global workforce, are likely exposed to excessive heat at some point during their work.”  Climate change poses a

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Managing Increasing Risks in the Global Economy: Strategies for Companies to Mitigate These Risks

The International Monetary Fund (IMF) presents a steady and slow economic outlook for the future. The global economy is expected to grow at a pace of 3.2% in both 2024 and 2025, which is the same as the growth rate in 2023. However, there will be some variation between regions. In developed economies, growth will

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Africa’s Recent Love Affair with Venture Capitalists: A case for SME

Overview Venture capital (VC) has become a popular term among African economies in recent years, with notable success stories like Jumia, Zipline International, M-Kopa and TerraPay, to mention a few. Africa’s rise in VC investment is largely driven by “the big four” countries, namely Kenya, Egypt, South Africa and Nigeria (the structural factors that account

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