Insights

Kina Advisory provides insights on topical issues facing the industry today as companies operate and invest in Africa. Read through our latest thought pieces that give an insight into Kina’s way of thinking, as we discuss ideas that challenge the way business in Africa is conducted, offer solutions to those challenges and highlight the success of others.

 

Article by Oil Review Africa: Socio-economic investment

20|03|2015

“As a pan-African socio-economic advisory firm, our objective is to deepen economic empowerment. We identify socio-economic tools to help international companies mitigate the risk and leverage opportunities, of doing business, and support local African companies on building up their capabilities and their social, governance, and human resource development standards so that they can become part of the value chains of international companies.”

Read full article here.

Rosalind Kainyah, MBE, Founder and Managing Director

To know more about our services, please click here

 

True local partnerships benefit everyone

29|01|2015

If a country’s economic growth is not broad and inclusive, it can create societal disparities that increase investment risks for business. In order to succeed, companies are expected to contribute to broader economic and social development. If these expectations are not met, there can be significant disruptions and delays to projects. From an investor perspective, this is not about corporate social responsibility (CSR), or even about simply generating goodwill – as laudable as these objectives are. It is about creating an environment that is conducive to long-term, sustainable business that creates value for shareholders and all other stakeholders.

Example – the extractive industries

The oil and gas and mining industries can have significant, positive transformative impact on countries. Responsible companies with long-term perspectives engage with governments and other stakeholders, including impacted local communities and local businesses, as early as possible on entry into a country.

The largest direct contribution they make to host countries is through royalties, taxes and, where applicable, equity participation in projects. However, over the life cycle of projects, companies can also contribute to broader and more inclusive economic growth by employing citizens, purchasing goods and services from local companies or even partnering with them on specific projects. If local capability does not immediately exist, companies can invest in the education and capacity building of local employees and suppliers. Where infrastructure is lacking, companies can invest as partners with governments and other businesses to develop the necessary infrastructure that can then have broader economic and social uses.

Companies need to work with governments and other relevant stakeholders as part of core business negotiations to determine which aspects of national development priorities they can legitimately contribute to in a meaningful way. Once there is agreement, the responsibility for delivering on those projects should be integrated into the company’s operational processes rather than delegated to CSR.

At the end of it all, companies can only be of value to their stakeholders if they are successful and profitable. The vast majority of shareholders invest in companies because they believe their core businesses will provide them with a decent return. But companies investing in Africa will not be able to provide such returns unless they understand, take into account and address the socio-economic development challenges that countries are facing and which directly or indirectly impact their bottom line. Well thought-through, negotiated and agreed partnerships between companies and local stakeholders go a long way in creating outcomes that benefit all.

Rosalind Kainyah, MBE, Founder and Managing Director

To know more about our services, please click here

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What we are up to & News

21|10|2019

Rosalind Kainyah MBE will be chairing the 5th Africa Oil Governance Summit

Rosalind Kainyah MBE will be chairing the 5th Africa Oil Governance Summit on the 22nd & 23rd October 2019 & facilitating the 1st panel on “Value addition to petroleum resources extraction through industrialization: The possibilities and the challenges”.  For a full break down of speaker & agenda, click here.

23|09|2019

Africa | Attracting a New Wave of Investors

Rosalind Kainyah our Managing Director will be moderating a panel discussion for Invest Africa & DLA Piper on Wednesday 25th Sept 2019.  The Topic: Attracting a New Wave of Investors: Corporate Governance and Meeting International Standards | For the full details of who’s on the panel and focus points, click here.

22|07|2019

Cranfield Names Rosalind Kainyah in Top 50 “BAME” Female Leaders

The Kina Advisory team is delighted to announce that our Managing Director, Rosalind Kainyah, has been named as one of the top 50 Leading Females professionals of Black, Asian and other Minority Ethnic (BAME) women by Cranfield University.  The 50 inspiring women come from backgrounds historically under-represented in the senior leadership pipeline.  “Click Here” to read the full post

25|04|2019

Global Trade Review, West Africa 2019 and Rosalind Kainyah

Kina Advisory is delighted to confirm that Rosalind Kainyah, our Managing Director is one of the speakers at this year’s Global Trade Review, West Africa 2019.  Rosalind will be using her expertise to help explain the following, “What needs to be done to stimulate foreign direct investment in west Africa?”

In this interview conducted by Iyabode Soji-okusanya (Head Of Corporate Banking at Access Bank Plc) Rosalind will be touching on areas such as:

  • Ease of doing business: What are the main operational, financial and physical trade concerns for foreign investors?
  • Regulatory framework: To what extent is consistency an issue? Which West African markets and regulatory areas are of greatest concern? & What would investors like to see from regulators?
  • Physical infrastructure: To what extent is a lack of physical connectivity a barrier to fixed investment?
  • Who will be West Africa’s key partners in building a stronger, more resilient economy? What do investors see as the key areas of value they can bring to the region?

To see a full breakdown of the 2 day event, please click the below link.

Global Trade Review, West Africa 2019 and Rosalind Kainyah

10|01|2019

Aker Energy announces successful drilling offshore of Ghana

As a Non-Executive Director on the Board of Aker Energy, Rosalind Kainyah (Managing Director of Kina Advisory) is thrilled by the news of results of the first appraisal well drilled by Aker Energy offshore Ghana. The hard work begins but Rosalind is confident that Aker Energy will be an exemplary partner in Ghana – for the benefit of the country as a whole | To read the full press release, please click here.