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Atul Shah's Nakumatt copied from K Mart stores and has a presence in retailing in East Africa. It is the dominant retailer in Kenya and Tanzania.
Grouped Articles
Africa's Local Champions Begin to Spread Out
Wall Street Journal 05/26/2010
Wal-Mart to Open More Stores in Africa
Wall Street Journal 08/22/2013
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Grouped Articles
Foreign Investment in Africa Seen at Record $80 Billion in 2014, Report Shows
Wall Street Journal 05/20/2014
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Young, Urban and Poor: Africans Fight Back
WSJ 02/05/2019
Grouped Articles
Wal-Mart to Open More Stores in Africa
Wall Street Journal 08/22/2013
Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Wal-Mart Plans to Enter African Market
New York Times 09/27/2010
Wall Street Journal 09/28/2010
Wal-Mart Africa Trip Takes Well-Trod Path
Wall Street Journal 09/28/2010
Wal-Mart Bids $4.6 Billion for South Africa's Massmart
Wall Street Journal 09/28/2010
Oil exporting countries in West Africa such as Nigeria, Ghana and Angola lose oil revenues, oil importing countries in East Africa such as Tanzania, Kenya, Mozambique and South Africa benefit with lower oil import bills.
Grouped Articles
Fall in Oil Prices Threatens Africa’s Economic Growth
Wall Street Journal 12/12/2014
Oil Prices Tumble to Fresh Lows
Wall Street Journal 01/06/2015
Wall Street Journal 01/06/2015
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Grouped Articles
Foreign Investment in Africa Seen at Record $80 Billion in 2014, Report Shows
Wall Street Journal 05/20/2014
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Grouped Articles
Foreign Investment in Africa Seen at Record $80 Billion in 2014, Report Shows
Wall Street Journal 05/20/2014
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
The lack of $30 million in dollar funds leads to closing of a refinery and long lines in Lusaka,, Zambia. A large supermarket in Kampala, Uganda, has empty shelves for imported products as it becomes costlier to import with a depreciating currency. Flights on a Portugal run airline into Angola now cost more. Infrastructure improvements are being delayed because of the extra cost. Throughout Africa one can see the impact of an appreciating U.S. dollar.
Grouped Articles
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
African Pensions Funds Invest in Infrastructure Projects
Wall Street Journal 05/08/2015
Mining Collapse Cripples Africa’s Dreams of Prosperity
Wall Street Journal 03/04/2016
IMF’s African Push Reopens Old Wounds
Wall Street Journal 03/05/2016
Nigeria Grapples With Abrupt End to Rapid Growth
Wall Street Journal 04/12/2016
The insurgency in the northeast leads to lack of security, leading to a decline in foreign investment. This adds to the problems created by lower oil prices in 2015, and the depreciating currency. Muhammadu Buhari, a northerner was elected by a 10 point vote margin in March 2015 to help improve the economic situation in Nigeria, Africa's largest country. The U.S. and Europe show a willingness to help the new Nigerian government tackle the many problems it faces.
Grouped Articles
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
In Nigeria’s Election, Muhammadu Buhari Defeats Goodluck Jonathan
New York Times 03/31/2015
Muhammadu Buhari, a Familiar, and Now Less Divisive, Choice in Nigerian Election
New York Times 03/31/2015
Nigeria’s election: Three cheers for democracy
Economist 04/05/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Former Strongman, Taking Over Presidency, Raises Hope in Nigeria
New York Times 05/26/2015
A billion plus people in Africa rivals the market in India and China. The middle class in Africa in 2011 is estimated at about 316 million people. This provides market opportunities for many consumer products companies.
Grouped Articles
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
A New Class of Consumers Grows in Africa
Wall Street Journal 05/02/2011
Manufactured Goods Lead Surge in Indian Exports
New York Times 07/25/2011
Wall Street Journal 07/16/2012
Microsoft and Huawei to Unite to Sell Windows Smartphones in Africa
New York Times 02/04/2013
Massmarket's Holdings plans to open 90 new stores in Africa in 2013-3016.
Grouped Articles
Wal-Mart to Open More Stores in Africa
Wall Street Journal 08/22/2013
Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Wal-Mart Plans to Enter African Market
New York Times 09/27/2010
Wall Street Journal 09/28/2010
Wal-Mart Africa Trip Takes Well-Trod Path
Wall Street Journal 09/28/2010
Wal-Mart Bids $4.6 Billion for South Africa's Massmart
Wall Street Journal 09/28/2010
Grouped Articles
Wal-Mart to Open More Stores in Africa
Wall Street Journal 08/22/2013
Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Wal-Mart Plans to Enter African Market
New York Times 09/27/2010
Wall Street Journal 09/28/2010
Wal-Mart Africa Trip Takes Well-Trod Path
Wall Street Journal 09/28/2010
Wal-Mart Bids $4.6 Billion for South Africa's Massmart
Wall Street Journal 09/28/2010
Deteriorating prospects for foreign investment in South Africa for 2015. Economic growth is forecast by the IMF to remain below 2.5% for years till the power situation is tackled. Growth is estimated in 2014 at a mere 1.4%, not enough to reduce high unemployment of over 25%. Lower commodity prices for mining exports, and a decline in the value of the rand reduce any benefit from lower oil prices. The government of president Zuma is seen as ineffective in tackling power shortages, and making changes at electricity company Eskom which suffers from cash shortages.
Grouped Articles
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Weak Power Grids in Africa Stunt Economies and Fire Up Tempers
New York Times 07/02/2015
The Betrayal of Mandela’s Promise
Wall Street Journal 08/20/2015
Growth forecast shows growth slowing to 2.5%, not enough to make a dent in unemployment over 25%. A drop in the value of the Rand, lower mining commodity prices for exports, reduces any benefits from lower oil prices in 2014-2015.
Grouped Articles
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Weak Power Grids in Africa Stunt Economies and Fire Up Tempers
New York Times 07/02/2015
Zambia Copper Producer Halts Production Over Power Shortages
Wall Street Journal 08/04/2015
Grouped Articles
Nigeria's Economy Surpasses South Africa's in Size
Wall Street Journal 04/07/2014
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Grouped Articles
A High-Wire Act for Nigeria's Oil Minister
BusinessWeek 09/16/2010
Electricity in Nigeria: Let there be light
Economist 10/23/2010
Nigerian Central Bank Governor Ousted
Wall Street Journal 02/21/2014
Nigeria's Economy Surpasses South Africa's in Size
Wall Street Journal 04/07/2014
Foreign Investment in Africa Seen at Record $80 Billion in 2014, Report Shows
Wall Street Journal 05/20/2014
Nigeria’s Tumbling Currency a Victim of Falling Oil Prices
Wall Street Journal 12/03/2014
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