CNBC & CNN Spotlight Business, Entrepreneurship, Repats & Careers in Africa

The interest in business and careers in Africa is at an unprecedented HIGH.
With the global economy still tanking; investors, entrepreneurs and job hunters are hoping to unearth their own ‘African Treasure’.

CNBC will be airing a show titled ‘Dollars & Danger: Africa, The Final Investing Frontier‘. The synopsis of the show is as follows:
Rahm Emanuel warned “you never want a serious crisis to go to waste”. Investors believe the current global economic crisis may provide a tremendous investment opportunity in Africa, the world’s richest continent.

There are dollars: Africa is home to more gold, cobalt and diamonds than anywhere else in the world and sells more oil to America and China than the Middle East.

There is danger: from Libya – a former state sponsor of terrorism…to the Democratic Republic of the Congo – where more people have died in war over the past decade than in any conflict since World War II…to Nigeria – where militants have declared “all-out war” over oil. America is battling China for influence in Africa. But which country is winning?
They interviewed various influential and upcoming African Entrepreneurs including Nike Ogunlesi of Ruff & Tumble, Dambiso Moyo, author of “Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa.”
Definitely a show worth viewing. Excerpts below.
dollars-danger

Nike Ogunlesi CEO of Ruff & Tumble

Obinna Ekezie – The former NBA Star returned home to Lagos to start Zeep Travel.

Ayodeji Megbope, No Left Over founder

Dambisa Moyo, author “Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa.”

Wale Tinubu, Oando CEO

While CNBC focused on the entreprenurs, CNN’s Quest Means Business focused on job seekers and ‘returnee/repats’. Educated, experienced and now back in Nigeria .

23 Comments on CNBC & CNN Spotlight Business, Entrepreneurship, Repats & Careers in Africa
  • Sugabelly June 12, 2009 at 9:06 am

    Dambisa Moyo is an intellectual wet dream. This is someone people need to listen to. And Nike Ogunlesi is such a great entrepreneurial role model!!!!

  • Tola June 12, 2009 at 9:31 am

    Very inspiring

  • joicee June 12, 2009 at 11:45 am

    Thank you for this article…this is aweinspiring…Nigerians we shall get there …Amen!

  • joicee June 12, 2009 at 11:51 am

    Thank you so much for this article…This is awe-inspiring…Nigerians we shall get there..Amen!

  • Mary June 12, 2009 at 11:55 am

    Wale Tinubu has inspired me to dream about returning one day to a stabilized Nigeria where things work and dreams are possible

  • Nneka June 12, 2009 at 9:04 pm

    Nike Ogunlesi’s interview was really good. When she was asked about the problems faced in growing a business a Nigeria, I was sooo glad she said “inconsistencies in govt policies”, not electricity or something ridiculous.
    She’s also sooo right about the chinese. Dambisa hit on both points. Not hatting here cos I do have some great chinko friends, but the truth is they are veryyyy inclusive. It’s their culture.

    I have some reservations about OVER-promoting microfinance. Some of those institutions/ entities still need to assist their borrowers’ on how to properly project their ability to pay back the loans when due. This assessment should include simple cost-volume-profit analysis void of difficult terminologies (aka grammatus)
    Mrs. Megbopo’s interview really got me pumped up. I always love a success story.

  • mj June 12, 2009 at 9:52 pm

    that wale tinubu is on point!

  • Bebe June 12, 2009 at 11:29 pm

    ‘intellectual wet dream’…… what a way to describe someone! [[lollz]]
    I like the fact that different people from different social classes were interviewed. Goes to show that wherever u find yourself…there’s hope!

  • Dee June 13, 2009 at 2:38 am

    great interviews……particularly enjoyed Ronke Ogunlesi, Wale Tinubu and Dambisa Moyo especially. Heard Dambisa Moyo, speak about a month ago at my school and i was so impressed. I recommend her book, “Dead Aid ” as a must read for people interested in the development of the African continent!

  • tatafo! June 13, 2009 at 10:07 pm

    Dambisa Moyo is something else…her book Dead Aid is very thought provoking. I’ve only got a chance to watch Mrs. Ogunlesi’s interview, what she said about Chinese made me think.

  • Ayo June 14, 2009 at 3:18 pm

    Great videos…everytime I come across videos like this…there is that renewed hope from within
    that somthing positive would soon begin to happen in Nigeria…I would suggest we start working the talk and elect people like this as our leaders
    Dambisa nailed it…extremely brillant!!

  • Rebecca June 15, 2009 at 1:01 am

    Nigeria is fast changing and opportunites are floating around everywhere, one just needs to be have a seeing eye. I see Nigeria coming to a time when everything works, and I personally believe my Oxford degree is more relevant in Nigeria than back in the UK.

  • highfashion June 16, 2009 at 2:23 am

    are they really giving the money back to the people….? i disagree with wale. why would they be fighting if they were giving the people money? This is not criminal activity it is people fighting for their rights. Right now the nigerian government is killing innocent people in this area and he talks about criminality. They are wiping out villages and he talks about criminality. The chinese are not there to help the African people….they care about themselves and about their money that is why they are bringing their own workers and they are not hiring people in the african countries that they come from. What Africa needs is change. Nigeria needs a leader that can stand up against corruption and seek to bring reform and change to Nigeria.

  • highfashion June 16, 2009 at 2:32 am

    also the reason wale is speaking this way is because our former president Obasanjo is the owner of Oando so it is no wonder that her calls the niger delta situation criminality…spoken like a nigerian that has been bought and lured by money stolen from nigeria to be put into the hands of our nations so called leaders

  • Deola June 17, 2009 at 6:06 pm

    @ high fashion, that is not true. Obasanjo does not own Oando or has any shares in the company. Transcop is the company that Obasanjo owns shares in. Wale Tinubu is the nephew of Bola Tinubu (former governor of Lagos State). And I an sure remember how much this two (Obasanjo and Tinubu) hated each other, so it is not possible.

  • Bola June 17, 2009 at 8:27 pm

    I’m finally happy I got to watch these clips.
    gets one thinking…

  • KK June 18, 2009 at 7:39 am

    Dambisa is such an intelligent woman.
    got her book weeks back and all i could say was ‘gbam’.
    like we say back then, she moves stuff.
    the only addition is that it is so practical and the only way out.

  • KK June 18, 2009 at 7:41 am

    you are uninformed if you think that what is happening in the niger delta is anything other than criminality.don’t be fooled.this is organised crime and nothing more.

  • Kola July 5, 2009 at 5:53 pm

    @ highfashion – Oando is Oando plc ie it is a public limited liability company. You can buy its stock on the Nigerian Stock Exchange/Joburg stock exchange so anyone can buy its shares tomorrow and become a shareholder/part owner. I guess this makes it obvious that it is not owned by OBJ or one person.

  • Seun October 18, 2009 at 11:56 pm

    Really great to know its now possible to book flights and hotels on http://www.wakanow.com from the comfort of my home..that’s really a first in Nigeria. Travelling has become so stressful because of these so-called travel agents..thank you Obinna Ekezie for this great innovation! Definitely the best interview!

  • Nigeria Careers November 12, 2009 at 11:52 am

    Good videos, particularly the one by Richard Quest, despite all the problems and unemployment in Europe and America, Nigerians still que up in embassies to travel out in order to secure better job opportunities that is NOT readily available, maybe this will make them think twice

  • Nola May 25, 2010 at 3:07 pm

    How could they interview notable people on a busy street?
    Was Mr. Tinubu and Miss Moyo too busy that they had 2 be caught in public,
    on their way to somewhere or while filling up petrol? Lol.

  • Ayodeji November 21, 2011 at 10:31 pm

    A tip of the iceberg of what to come in terms of repatriation and FDI

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