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Interview

OBG talks to Mo Ibrahim, Founder and Chair, Ibrahim Foundation
OBG
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Interview:Mo Ibrahim How would you rate the current state of Africa’s financial governance regimes? MO IBRAHIM: We are seeing many positive trends on the continent, including greater interest in equities. It is a vote of confidence in Africa and its future, and governance across the board has been improving since 2000. However, investors and businesses must not believe that this is just the…
Interview

OBG talks to Sunny Verghese, Group Managing Director and CEO, Olam International
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Interview:Sunny Verghese What are the biggest challenges to vertical integration in Africa’s agricultural sector? SUNNY VERGHESE: Farmers face several challenges in the upstream part of the value chain, including lack of credit and knowledge, logistics constraints and adequate access to markets. The lack of credit to smallholders has resulted in long periods of underinvestment in farms. However,…
Interview

OBG talks to President Goodluck Ebele Jonathan
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Interview: GoodluckEbele Jonathan What can the government do in order to tackle the challenge of youth unemployment? GOODLUCK EBELE JONATHAN: Between 2007 and 2012 unemployment maintained an upward trend across several regions of the globe, including the so-called advanced economies, the Eurozone, the MENA region and Sub-Saharan Africa as a whole. In some of the aforementioned regions, economic…
Interview

OBG talks to Shri Salman Khurshid, Minister of External Affairs for India
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Intreview:Shri Salman Khurshid What kind of factors underlie the significant levels of bilateral trade between India and Nigeria? SHRI SALMAN KHURSHID: India’s emergence as Nigeria’s largest trading partner and export destination has been in the making for many decades. The drivers behind this bilateral synergy have been our mutual familiarity, economic complementarity and the compatibility…
Interview

OBG talks to Aigboje Aig-Imoukhuede, CEO, Access Bank; Bisi Onasanya, CEO, First Bank of Nigeria; Segun Agbaje, CEO, Guaranty Trust Bank; Phillips Oduoza, CEO, United Bank for Africa
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Interview:Aigboje Aig-Imoukhuede,Bisi Onasanya,Segun Agbaje,Phillips Oduoza To what extent do the new requirements for overseas recapitalisation impact foreign expansion strategies for Nigerian banks? BISI ONASANYA: The Central Bank of Nigeria (CBN) had taken this initiative in response to changes in the regulatory environments in a number of African countries in which Nigerian…
Interview

OBG talks to Mo Ibrahim, Founder and Chair, Ibrahim Foundation
OBG
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Interview:Mo Ibrahim How would you rate the current state of Africa’s financial governance regimes? MO IBRAHIM: We are seeing many positive trends on the continent, including greater interest in equities. It is a vote of confidence in Africa and its future, and governance across the board has been improving since 2000. However, investors and businesses must not believe that this is just the…
Interview

OBG talks to Frank Nweke II, Director-General, Nigerian Economic Summit Group (NESG)
OBG
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Interview:Frank Nweke II What specific reforms are needed to accelerate and sustain economic growth in Nigeria? FRANK NWEKEII: The issue of security – of both lives and property – should be at the top of the Nigerian government’s agenda. Rule of law is crucial. If you look deeper, issues of property rights have to be guaranteed on a continuous basis and one must be able to resolve…
Interview

OBG talks to Luiz Inácio Lula da Silva, Former President of Brazil and Honorary President, Lula Institute
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Interview:Luiz Inácio Lula da Silva How can labour collaboration foster better rights and a more competitive business environment? LUIZ INACIO LULA DA SILVA: Nigeria and Brazil should forge closer ties not only between the heads of state but also between representative groups in civil society, particularly between the unions. After meeting with the unions during my visit to the country earlier…
Interview

OBG talks to Chinedu Nebo, Minister of Power
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Interview:Chinedu Nebo What is the greatest challenge to increasing private involvement in the electricity sector? CHINEDU NEBO: The problem of power in Nigeria has grown with time. We have a situation where there has been an exponential growth in population without a concomitant improvement in power infrastructure. Nigeria is now ripe for a revolution in the power sector. It is a globally…
Interview

OBG talks to Ed Fast, Canadian Minister of International Trade
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Interview:Ed Fast How do recent reforms challenge the perception of Nigeria as a high-risk investment environment? ED FAST: I commend the Nigerian government for its economic reform agenda, particularly with regards to privatisation and anti-corruption reform efforts. These ongoing changes will create better opportunities for all Nigerians and for investors from around the world. Furthermore,…