Podcast
Questions and Answers
What was a significant factor that caused growth to fall sharply in oil-exporting countries like Algeria, Angola, and Nigeria?
What was a significant factor that caused growth to fall sharply in oil-exporting countries like Algeria, Angola, and Nigeria?
- Severe drought
- The Arab Spring (correct)
- Devaluation of the local currency
- Political instability
Which African country experienced its first economic contraction in a quarter century due to slumping oil production?
Which African country experienced its first economic contraction in a quarter century due to slumping oil production?
- South Africa
- Egypt
- Ghana
- Nigeria (correct)
What event in South Africa further hampered its already slow growth during the period of 2016-2017?
What event in South Africa further hampered its already slow growth during the period of 2016-2017?
- Natural disaster
- Drought
- Successful economic reforms
- Firing of the finance minister (correct)
What development reinvigorated investor confidence in South Africa and led to the strengthening of the rand against the US dollar?
What development reinvigorated investor confidence in South Africa and led to the strengthening of the rand against the US dollar?
Which country was lifted out of recession due to recovering oil prices and continued economic diversification?
Which country was lifted out of recession due to recovering oil prices and continued economic diversification?
What does the text suggest is a challenge that Africa faces among others, which could potentially stall growth?
What does the text suggest is a challenge that Africa faces among others, which could potentially stall growth?
What is one effort by African governments that has the potential to create a sea change if it reaches critical mass?
What is one effort by African governments that has the potential to create a sea change if it reaches critical mass?
What do the majority of respondents from an executive survey agree will happen in the next twenty years?
What do the majority of respondents from an executive survey agree will happen in the next twenty years?
Where is more than roughly half of global growth expected to come from over the next ten years according to the text?
Where is more than roughly half of global growth expected to come from over the next ten years according to the text?
What was the primary factor that made SABMiller attractive for acquisition?
What was the primary factor that made SABMiller attractive for acquisition?
Which of the following was NOT a factor that SABMiller recognized as favorable for beer consumption in Africa?
Which of the following was NOT a factor that SABMiller recognized as favorable for beer consumption in Africa?
How did SABMiller initially approach its African expansion strategy?
How did SABMiller initially approach its African expansion strategy?
What was SABMiller's approach to pricing the Hero beer brand in Nigeria?
What was SABMiller's approach to pricing the Hero beer brand in Nigeria?
What was the significance of the rising sun symbol on the Hero beer label in Nigeria?
What was the significance of the rising sun symbol on the Hero beer label in Nigeria?
How did SABMiller approach its brewery-building program in Africa?
How did SABMiller approach its brewery-building program in Africa?
What was SABMiller's initial approach to staffing its African operations?
What was SABMiller's initial approach to staffing its African operations?
How did SABMiller's approach to the African market evolve over time?
How did SABMiller's approach to the African market evolve over time?
What was SABMiller's approach to branding and marketing in Africa?
What was SABMiller's approach to branding and marketing in Africa?
What was the significance of the launch event for the Hero brewery in Nigeria?
What was the significance of the launch event for the Hero brewery in Nigeria?
What is the main objective of the authors in writing this book?
What is the main objective of the authors in writing this book?
What is the analogy used in the passage to describe the business world in Africa?
What is the analogy used in the passage to describe the business world in Africa?
Which of the following is NOT mentioned as a must-do activity in Africa?
Which of the following is NOT mentioned as a must-do activity in Africa?
What is the significance of the SABMiller story mentioned in the passage?
What is the significance of the SABMiller story mentioned in the passage?
What is the purpose of the metaphor about the leopard and the tree in the passage?
What is the purpose of the metaphor about the leopard and the tree in the passage?
What is the primary focus of the passage?
What is the primary focus of the passage?
What is one of the reforms introduced by several African governments to improve the business environment?
What is one of the reforms introduced by several African governments to improve the business environment?
How did Nigeria improve its ranking in the World Bank's ease of doing business index?
How did Nigeria improve its ranking in the World Bank's ease of doing business index?
Which African country is mentioned as a model for improving the business environment?
Which African country is mentioned as a model for improving the business environment?
What did Rwanda do to improve its ranking in the ease of doing business index?
What did Rwanda do to improve its ranking in the ease of doing business index?
What is the second notable effort mentioned in the text to improve the business environment in Africa?
What is the second notable effort mentioned in the text to improve the business environment in Africa?
What is the Tripartite Free Trade Area mentioned in the text?
What is the Tripartite Free Trade Area mentioned in the text?
What did the late Calestous Juma argue would be the advantage of larger markets in Africa?
What did the late Calestous Juma argue would be the advantage of larger markets in Africa?
What encouraging sign is mentioned in the text regarding the Continental Free Trade Area?
What encouraging sign is mentioned in the text regarding the Continental Free Trade Area?
What have many African countries seen after allowing visa-free or visa-on-arrival access to fellow Africans?
What have many African countries seen after allowing visa-free or visa-on-arrival access to fellow Africans?
What does the text suggest about the potential impact of the African Continental Free Trade Area?
What does the text suggest about the potential impact of the African Continental Free Trade Area?
What was the primary reason for the success of the Hero brand that SABMiller launched?
What was the primary reason for the success of the Hero brand that SABMiller launched?
How did SABMiller's approach to brands take into account the differences in spending power among African consumers?
How did SABMiller's approach to brands take into account the differences in spending power among African consumers?
What was the key consumer proposition for SABMiller's Castle Lite beer brand?
What was the key consumer proposition for SABMiller's Castle Lite beer brand?
What was the key factor that underpinned SABMiller's growth in Africa?
What was the key factor that underpinned SABMiller's growth in Africa?
According to the passage, what is one of the key reasons businesses should invest in Africa today?
According to the passage, what is one of the key reasons businesses should invest in Africa today?
What is the key difference in the economic growth trajectories between Europe/North America and Asia, as described in the passage?
What is the key difference in the economic growth trajectories between Europe/North America and Asia, as described in the passage?
What is the current population of Africa, according to the passage?
What is the current population of Africa, according to the passage?
What is the projected population growth for Africa over the next 30 years, according to the passage?
What is the projected population growth for Africa over the next 30 years, according to the passage?
What is one of the key challenges mentioned in the passage that companies face when doing business in Africa?
What is one of the key challenges mentioned in the passage that companies face when doing business in Africa?
According to the passage, what is one of the key reasons why businesses should invest in Africa today?
According to the passage, what is one of the key reasons why businesses should invest in Africa today?
What was the key driver of Africa's economic growth spurt in the 2000s?
What was the key driver of Africa's economic growth spurt in the 2000s?
What percentage of Africa's GDP growth from 2000-2008 was directly or indirectly attributed to oil and natural resources?
What percentage of Africa's GDP growth from 2000-2008 was directly or indirectly attributed to oil and natural resources?
Which of the following sectors in Africa grew at around 8% annually in the 2000s?
Which of the following sectors in Africa grew at around 8% annually in the 2000s?
What is the main point of the analogy about the acorn and the oak tree?
What is the main point of the analogy about the acorn and the oak tree?
What was the average annual GDP growth rate in Africa during the 1980s and 1990s?
What was the average annual GDP growth rate in Africa during the 1980s and 1990s?
According to the passage, what was significant about private capital flows to Africa in the late 1990s?
According to the passage, what was significant about private capital flows to Africa in the late 1990s?
How did Africa's GDP growth rate change after the heady growth in the 2000s?
How did Africa's GDP growth rate change after the heady growth in the 2000s?
What did the author mean by Africa reaching an "inflection point" in its urban development?
What did the author mean by Africa reaching an "inflection point" in its urban development?
According to the passage, what was significant about the growth in Africa in the 2000s compared to previous decades?
According to the passage, what was significant about the growth in Africa in the 2000s compared to previous decades?
What is the main message the author is trying to convey about the economic prospects for Africa?
What is the main message the author is trying to convey about the economic prospects for Africa?
