The Economist's Africa editor compares East Africa's development with the rest of the continent

The Economist's Africa editor compares East Africa's development with the rest of the continent

In this episode I speak with Jonathan Rosenthal, the Africa Editor of The Economist.

Our paths crossed when I was back in London for a few weeks, and so we took the opportunity to meet, and speak about some of the continent wide trends which he’s seeing, from the vantage point of running the Africa desk for the magazine.

Most episodes you’ll have listened to on the show will delve into a particular aspect of running a company in East Africa. Teasing out the specifics of why a certain business decision has been made or not, or trends that are present within a particular industry niche.

This episode is slightly different.

Jonathan and I take a much broader look at Africa’s development through the lens of, say, government debt ratios and currency reserves.

Whilst this might seem a bit lofty, I’d encourage you to stick with it.

In listening to the other episodes you will (I hope) get an understanding of the micro level of business in the region.

To get a fuller picture requires, I believe, to understand the larger macro factors at play in the story of development.

One such example of this is the government policy of raising debt from local banks. Because the interest rates they offer are so high, it distorts the incentives for banks to lend to local businesses. As such, this macro level effect of “crowding out” the private sector trickles down to the suppression
of local businesses looking for capital to grow.

There are also references to the macro trends that can come from the innovation of rooftop solar systems. If you’d like to learn more on this, be sure to check out the Distributed Economy episode with Conrad Whitaker from Azuri Technologies.

The interview took place at The Economist HQ in London which, helpfully, has a recording studio of its own. If you’re interested in hearing more from The Economist, be sure to check out their regular podcasts which feature updates, insights and in-depth interviews that expand on their stories.

READ MORE AT:
https://theeastafricabusinesspodcast.com/2018/09/20/the-economist-how-east-africas-development-compares-with-the-rest-of-the-continent-with-jonathan-rosenthal-africa-editor-of-the-economist/

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Selling cakes (and training cake makers), with Grace Murugi from Cakes.co.ke

Selling cakes (and training cake makers), with Grace Murugi from Cakes.co.ke

If you consider businesses that bring people joy, for me at least, cake is one of them. It’s also a product which is being bought by the emerging middle class especially in Kenya, with custom made ones being sold for up to $180. Grace not only makes these cakes, but teaches others how to with her Cake Academy. We discuss the customers who are buying cakes, how she taught her team to run the business when she went on maternity leave and innovations in the cake industry. The interview took place outside her shop, and so there is a bit of background noise and not all of the answers are fully audible. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/12/28/cakes-selling-everyday-treats-for-aspirational-kenyans-with-grace-murugi-from-cakes-co-ke/

28 Dec 201632min

The CEO of iHub gives an overview of the East Africa tech ecosystem, with Kamal Bhattacharya

The CEO of iHub gives an overview of the East Africa tech ecosystem, with Kamal Bhattacharya

One of the first places I had earmarked for learning about business in Kenya was the iHub. From reading up on business in East Africa it was always mentioned as the heart of the tech scenenot only in Kenya but also of the whole region. In fact, when rumours leaked that I would be interviewing Kamal for this podcast, Facebook CEO Mark Zuckerberg made sure to drop in for a visit when he was in Africa in late July. Kamal and I discuss the government’s role in fostering scalable businesses across East Africa, what makes a good pitch and the areas of growth that he sees in the Kenyan economy. It’s a very interesting conversation that we have, and I hope you enjoy READ MORE AT:https://theeastafricabusinesspodcast.com/2016/12/21/ihub-an-overview-of-the-east-africa-entreprenurial-ecosystem-with-kamal-bhattacharya-ceo-of-ihub/

21 Dec 201635min

The effusive Dr Suudi gives us a taste of his Ugandan radio adverts

The effusive Dr Suudi gives us a taste of his Ugandan radio adverts

Coming from the UK, one of the biggest differences in East Africa has been how products are marketed. In the co-working space I was at in London we would talk about Google Ad campaigns and reaching users online through content marketing. Here though, the radio is a dominant form of advertising. In this episode I talk with Suudi who runs Wave Records. We discuss his extensive experience in the radio industry, why old car radios can only play on restricted frequency and listen to some of his catchy jingles, including a slightly… interesting one about a Ugandan girl getting a Chinese boyfriend (at around 18 minutes) We were in his recording studio and so there might be a bit of activity/ phone interference going on in the background and it gets a bit echo-y at the end.  Sorry about that. Hopefully it won’t detract from one of the… most unique interviews I’ve had. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/12/14/radio-adverts-marketing-on-uganda-radio-stations-with-dr-suudi-from-wave-records/

14 Dec 201632min

A history of surveying and market research in Kenya with Boniface Ngahu from SBO Research

A history of surveying and market research in Kenya with Boniface Ngahu from SBO Research

Understanding the consumer is an important part of a lot of businesses. Boniface is a director at SBO Research, a Market Research company that has been in business in Kenya since the mid-nineties. After finding them on Google I went in for a chat and we spoke about his perspective of the market. We discuss the change in political conditions that brought about the growth in market research industry, how drones are assisting researchers and whether an insurance policy will pay out if an eagle eats a chicken. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/12/07/market-research-a-history-of-surveying-and-gathering-insights-in-kenya-with-boniface-ngahu-from-sbo-research/

7 Dec 201632min

Supporting Ugandan small holder farmers with affordable services, with Peter Nyeko from Reparle

Supporting Ugandan small holder farmers with affordable services, with Peter Nyeko from Reparle

During my travels in East Africa, time and again people would point to the low prices that farmers receive as the main blocker to development. Low prices come from not being able to store produce, nor do the basic milling to give it more value. It’s difficult though, as much of the basic infrastructure such as transport, power and facilities are absent in the many rural areas that exist in the region. Peter Nyeko set up Reparle as a marriage of three organisations to solve exactly this. We talk about the environment that many rural farmers are living, how Reparle learnt about the conditions they worked in and the considerations with planning out a large scale project like this. We also talk a fair bit about biomass, and so if you’re interested in learning more about this solar alternative to clean energy creation, look out for the Clean Cooking episode I did with Ziwa from Green Bioenergy. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/11/30/farmer-support-providing-small-holder-farmers-with-affordable-value-adding-services-with-peter-nyeko-of-reparle/

30 Nov 201632min

Why biomass charcoal cooking stoves are saving lives, with Ziwa Hillington from Green Bioenergy

Why biomass charcoal cooking stoves are saving lives, with Ziwa Hillington from Green Bioenergy

Cooking is an everyday activity that most people engage in. In places where you don’t have gas, charcoal is often used to fire up a stove. Whilst people have been doing this for years, it is not very environmentally friendly, and it generates smoke in often confined areas of a home. Green Bioenergy is a social enterprise all about creating a clean cooking environment. Their two products are an improved cooking stove and smokeless charcoal briquettes. Ziwa and I discuss how they sell briquettes through rural agents, how they keep the complete supply chain produced in Uganda, and the prospects for taking this approach internationally. We conducted the interview in the garden of the Green Bioenergy office/ house and so there might be the odd bird tweeting in the background. Either way, I hope this doesn’t distract you from the interesting chat that we have. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/11/30/clean-cooking-using-renewable-biomass-charcoal-to-create-a-sustainable-smokeless-kitchen-with-ziwa-hillington-of-green-bioenergy/

30 Nov 201634min

Coworking Space: giving entrepreneurs in Uganda a collaborative place to work

Coworking Space: giving entrepreneurs in Uganda a collaborative place to work

When people start on a business idea, they typically go and work out of a co-working space so they can be amongst like-minded individuals, and also get support in starting their venture. The first of these hubs in Uganda was called Hive Colab, and I speak with Gilbert, the programme manager about his view of the interesting businesses coming out of the space. He really has his finger on the pulse of innovative companies being created in Uganda, and we speak about plenty, including how and why Hive Colab are looking to attract the top university graduates in the country, the exorbitant cost of internet access, and how he sees opportunities for the government to help promote what they are doing. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/11/23/coworking-space-giving-entrepreneurs-in-uganda-a-collaborative-place-to-work-with-gilbert-arinda-of-hive-colab/

23 Nov 201640min

Why Ugandans are demanding "masculine" motorbikes, with Pankaj Tiwari from Miracle Motors

Why Ugandans are demanding "masculine" motorbikes, with Pankaj Tiwari from Miracle Motors

Arriving in Kampala (the capital city of Uganda) one of the first thing people notice are how many motorbikes there are. It’s the de facto mode of transport for getting taxied around the city, in a place where car congestion is heavy. Near where I was staying was a showroom for Miracle Motors, a subsidiary of the larger Indian conglomerate Mahindra Group. After walking in, the head of the office Pankaj agreed to an interview, and we spoke about the many customer types of motorbikes, considerations of importing unfinished goods, and the evolution of the personal transport market in the region. READ MORE AT:https://theeastafricabusinesspodcast.com/2016/11/16/motorbikes-the-extensive-market-for-ugandan-two-wheelers-with-pankaj-tiwari-from-mir

16 Nov 201632min

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