Nurturing Africa’s most plentiful natural resource: talent
This is a brilliant way to foster the kind of talent that African countries need to develop both socially and economically. Sure, some might argue that it is a shame they are using their skills to benefit companies outside of Africa. But this concern is far outweighed by the enormous opportunities it gives Africans to get valuable experience in global companies. Experience that can then be brought back and put to good use at home.
Private enterprise, public benefit
The company is called Andela and it provides a shining example of how the private sector can create a profitable business, while at the same time promoting broad and inclusive socio-economic development. The big question is: can this model be used on a much wider scale across Africa? It could be an ideal solution to the problem of training people in remote communities that don’t necessarily have the required resources or institutions on the ground.
I will continue to keep my eye out for original ideas that could release the potential of Africa’s latent workforce. In the words of the company itself: “It’s time to stop viewing [Africa] as simply a youth bulge—it is a talent bulge.”
Quick facts about Andela
Here are some quick facts about Andela and its raison d’être, courtesy of The Wall Street Journal:
- Andela was founded to train the top 1% of tech talent across the continent. After six months in their software-development programme, young men and women work remotely for Fortune 500 companies and start-ups around the world while receiving continuing training and support.
- With more than one billion people, approximately 60% of them under age 25, and more than 25% of young people out of work in many places, Africa is home to the world’s largest pool of brainpower and talent.
- While the populations of rich countries shrink and age, Africa’s overall population is expected to double by 2050. Nigeria alone is projected to have more than 750 million people by 2100.
Rosalind Kainyah, MBE, Founder and Managing Director
For the full article, click here.
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.