My new book is now available in bookshops:

Kesho Business

Kesho Business – Why Africa must become the pioneer market of the European economy
(sorry, only in German for now)

Kesho is the Swahili word for “tomorrow.” I use the term Kesho Business to describe the evolving landscape of African-European commercial relations – a sector I believe holds the most significant business potential for the coming decades.

Demystifying “Africa”

This book is for those ready to trade clichés for reality. We often cling to a romanticized vision of Africa as a sanctuary of “natural living” and “vital communities” set against a backdrop of breathtaking nature.

The reality? People in Africa’s growing urban centers long for the same things we do: security, freedom, and prosperity. They are driven to do business, innovate, and steadily improve their quality of life. It is time we stop viewing the continent through a lens of nostalgia and start seeing it as a modern economic peer.

Interconnected global society

The data tells a clear story: Sub-Saharan Africa’s real economic output has more than doubled over the last twenty years, and poverty rates are declining. African nations are now integral players in our interconnected global society.

Contrary to common European perception, migration is not fueled by worsening poverty. Instead, it is a byproduct of increasing wealth and the global mobility that defines our era. People move because they have the means to do so and because they are connected to the world like never before.

Africa as Europe’s Catalyst

I believe that deeping our relations with Africa is the key to jolting Europe out of its current economic lethargy. I urge European companies to invest in African markets – not as an act of aid, but as a strategic necessity to:

  • Secure global longevity: Scale your operations in the world’s fastest-growing markets to remain competitive.
  • Create value: Leverage European expertise to build products and services that meet the specific needs of African consumers.
  • Access innovations built closer to human needs: Be present where digital solutions are being built from scratch, not hindered by legacy systems.
  • Lead the energy transition: Partner on large-scale renewable projects to accelerate the global phase-out of fossil fuels.
  • Achieve technology leadership: Co-develop the next generation of global technological standards in a dynamic environment.

Kesho Business

Similar Posts

  • Why we need Management 3.0

    To be a manager is not really “in” in the moment. Managers are very much associated with obscenely high bonuses and at the same time with mass lay-offs of employees. Managers make our societies more unequal and more unsustainable. No wonder nobody thinks of managers when it comes to making the world a better place. And yet it is the profession…

  • Why not Investing in African Banking?

    African banks are making record profits whilst African companies are paying exorbitant interest rates on their loans. Is this an opportunity for European investors to invest in growth markets?

  • Why Africa’s Progress Will Bring More Migration—Not Less

    On May 18, 2018, I was invited for the second time to the Tolerance Talks in Fresach to take part in a discussion. The guiding question was: Were open borders a misunderstood liberal concept? Of course not—that was my short answer. But a different environment requires different thinking. The interconnected global society—with globalisation, digitalisation, connectivity,…

  • Why a stimulus from Africa can help Europe to overcome its own crises

    Why European companies have to be present in Africa, part 4: Being present in African countries helps to see again that an increasing division of labour, more free trade and more and more networked systems not only reduce poverty in Africa, but are also the foundation of our own prosperity.

  • Western Aid at the Crossroads

    “Yes, that’s like it is!” has always been the answer when putting forward to an aid practitioner the principle of permanent acceleration: When a certain type of project or program has become mainstream, right before results are visible, the aid community moves on to the next, much more ambitious and difficult task. The new book on Western…