Kina Advisory Breakfast Club | Inaugural Meeting
The conversation began with Anthony describing how the business grew into the operation that it is today – with 9 factories across Africa, Europe and South America employing over 4,000 people and a turnover of $70m in 2015. Blue Skies has created an export business that not only adds to the economic growth of the operating countries, but does so in a sustainable way that relates to their core business objectives; earning the company numerous awards for their sustainable development. Anthony also described the business opportunities in agriculture in Africa and the need to encourage more investment and participation in the sector.
Conversation then turned to the on-the-ground challenges the company has and is facing in countries in Africa and in South America. Facing issues with land, fiscal policy changes, foreign currency exchange rates, and energy supply, Blue Skies has had to adapt to an ever changing environment whilst remaining firm to its core principles. This has often required different and at times experimental methods to overcome some of these difficulties and turn them into opportunities – some still remain and are ongoing.
One of the key lessons from the conversation was the need to gather and fully understand as much on-the-ground and practical advice and information as possible before beginning any operation in a country. This should cover the political, economic, social, cultural and local business context; and understanding the impact these will inevitably have on the business.
Attendees also raised the important issue of the involvement of stakeholders. Engaging with a broader range of stakeholders and educating them fully on your business/ project provides an important form of support when faced with some of the challenges mentioned. It is therefore important to know how to have the right conversations with the right stakeholders and to develop plans of engagement early on.
Listening to Anthony speak it was clear that in spite of the challenges there is an optimism about the investment potential in Africa. There are solutions to the challenges, and one needs to be creative, flexible and committed to discover what they are. With Anthony’s passion for the continent and commitment to see Africa thrive, we have no doubt that Blue Skies will continue to be a success. We appreciated him spending a morning sharing his experiences and insights. This appreciation extends to our attendees who commented that they found the meeting ‘interesting’, ‘insightful’, and ‘informative’, praising Anthony’s open dialogue.
What we are up to & News
Joël Rault joins Kina’s Advisory Board
We are thrilled to have Joël Rault, Chairman and Founder of Hermès Advisory, join our Advisory Board. Joël has previously served as an Ambassador Extraordinary and Plenipotentiary for the Government of France and has extensive experience in administration and the management of private companies. He is also an emerging leader of the Harvard Kennedy School. We are looking forward to having his advice and guidance as we forge ahead with advising companies operating in Africa on Sustainability. For our full press release, ‘click here’
Invest Africa Ltd’s Webinar On Renewable Energy Solutions in Africa
Join our Managing Director, Rosalind Kainyah MBE, as she moderates Invest Africa’s webinar on Renewable Energy Solutions in Africa – Covid19, Sustainability & the future of the continent with Jennifer Boca of Lekela Power, Mansoor Hamayun of BBOXX and Scott Mackin of Denham Capital. They will be looking at whether investment bodies will have to pivot away from renewable energy assets in light of COVID-19; how renewable energy operations have been affected by the virus; the multilateral funds such as AfDB’s SEFA play in renewable energy developments across Africa; and the importance funds should place on ESG standards in the investment decision?
Date: Wednesday 6 May 2020. Time: 12:00-13:00 BST
Kina Advisory is proud to be an event partner of DLA Piper – Africa Week 2019
On the 28th November, Kina Advisory is proud to be an event partner of DLA Piper – Africa Week 2019. The theme for the day is“Africa: the future of trade and investment” and will be facilitated by Lanre A. editor of Nurmara and former editor of This Is Africa at the Financial Times and African Business. Our MD Rosalind Kainyah MBE will be moderating a session in the afternoon on: “Developing sustainable energy and natural resource projects: Implementing ESG in practice” | The panel will be made up of Jack Cunningham – Sustainability, Policy & Risk Director, Gemfields, Rhys Davies – Partner, DLA Piper, Chris Goodwin-Hudson – Founder, Watchman & Carla McRoberts – Managing Director, Veracity Worldwide | For a full breakdown of the day click here:
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.
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.