Nigeria: An African Giant
I’ve been a frontier market fan for some time now, especially when it comes to Africa, and particularly when it comes to investing in Nigeria. On May 7-9, Abuja, Nigeria, had the honour of hosting the World Economic Forum on Africa, which South Africa has hosted for the past 17 of 23 years. The event offered an opportunity for Nigeria to showcase its economic potential and build some investor confidence. Unfortunately, the shocking kidnapping of school girls by the Boko Haram, probably designed to embarrass the government at the time of the Forum, highlighted that Nigeria’s path to development will not be an easy one. My thoughts and well-wishes are with the families of the girls for their safe return.