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Questions and Answers

What was the response of McKinsey's team when a government official in Nigeria solicited a bribe to accelerate the work permit process?

  • They delayed the work permit process intentionally.
  • They reported the incident to the police.
  • They declined the offer of a bribe. (correct)
  • They accepted the offer and paid the bribe.

    • What was discovered about a local firm that McKinsey briefly explored a partnership with in South Africa?

  • It had a strong track record of business success.
  • It was linked to corrupt practices. (correct)
  • It was involved in charitable activities.
  • It was owned by a reputable individual.

    • According to Adesina, the president of the African Development Bank, what analogy does he use to describe the relationship between the private and public sectors?

  • A bird with two wings. (correct)
  • A plant with roots and branches.
  • A coin with two sides.
  • A puzzle with many pieces.

    • What does Deepak Singhal, CEO of Tolaram's Dufil Prima Foods, refer to when he mentions it takes a 'lionheart' to succeed in Africa?

    <p>Courage and resilience.</p> Signup and view all the answers

    What lesson did McKinsey learn from their experience with a potential partnership in South Africa?

    <p>The critical need for deeper context understanding.</p> Signup and view all the answers

    In what way does McKinsey suggest that companies can help improve the operating environment in Africa?

    <p>By actively engaging with governments and collaborating on national challenges.</p> Signup and view all the answers

    What is highlighted as a common trait among the most successful businesses in Africa according to McKinsey?

    <p>'Lionheart,' wisdom, fortitude, and community engagement.</p> Signup and view all the answers

    What is Adesina's view regarding the importance of governments and companies in Africa's development?

    <p>Governments and companies are complementary agents of transformation.</p> Signup and view all the answers

    How did McKinsey's response to the solicitation of a bribe in Nigeria influence future interactions with bribe takers?

    <p>Bribe takers stopped approaching them for payments.</p> Signup and view all the answers

    What is one key factor mentioned by McKinsey for companies looking to succeed in Africa?

    <p>A deep understanding of the context of potential engagements.</p> Signup and view all the answers

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