“Top of my list of reasons for returning to Lagos is a desire to contribute to Nigeria,” says 35-year-old Harvard graduate Seyi Borofffice speaking in Lagos, where he is home again after 15 years of living overseas. “The upside and opportunity is incredible. In terms of possibilities, I’d say Nigeria is comparable to the UK at the beginning of the Industrial Revolution.” He is just one of thousands of African professionals in the diaspora who are returning home. They are driven by a combination of the desire to serve their home countries and the wealth of opportunities for self-growth the African commercial sector now offers. Slowly but surely, the returnees are reversing the decades-long brain drain that has so crippled the continent.
More...
Investors from Brazil, India and Dubai have joined the more traditional organisations in a scramble for stakes in Africa’s mining sector as the global economy begins its recovery. Neil Ford provides the details. More...
Southern African countries are moving rapidly to become energy self-reliant on the one hand and vital electricity suppliers to South Africa on the other. Tom Nevin reports. More...
Other topics
Editorial Stiglitz on moral depravity
Cover story: Back to the Motherland Africa’s diaspora professionals return home Passion is the key
Cityview Africa’s business climate improving
Energy South Africa’s electric roundabout
Management Africa’s top business schools thriving
Special Report: Mining Asian demand restarts investment scramble South Africa’s mine- nationalisation jitters Mali’s golden touch Copper boosts Zambia growth rates Uranium set to soar
2010 World Cup Watch Heed Mr Micawber’s dictum
Agriculture Malawi’s maize miracle
Spotlight Lake Kivu a solution – not a threat
Health Nigeria: world-quality healthcare
Country Files S Africa: Inflation targeting hammered Nigeria: Manufacturers under the cosh Uganda: Tullow, ENI lock horns over oil
Reviews: Books/Music Engineering is Development Tuareg blues
African Business wins Best Business Magazines of the Year Award
The 2005 Diageo Africa Business Reporting Awards were won by African Business (best magazine) and by its editor Anver Versi (best journalist). Click here to read the story, here for the photos of the event, and here for Anver Versi's latest editorials.