Nota Bene Episode 122: Africa Q2 Check In: Economic Growth and Relevance with Andreas Stargard
Africa continues to strive for economic growth through various means such as trade partnerships and foreign investments. However, long-standing challenges remain an impediment in certain respects. Is Twitter’s decision to open an African base in Ghana any indication of the continent’s economic potential? We’re joined by Africa competition and markets expert, Andreas Stargard, as he shares insights on Africa’s economic outlook in Q2 of 2021.
A co-founding senior member of Primerio, a business advisory firm helping companies do business within Africa from a global perspective. Andreas Stargard is legal, strategic, and business advisor to companies and individuals across the globe. He focuses on antitrust and competition advice, white-collar counseling, contract dispute and negotiation, and resolution of global business disputes, including cartel work, corruption allegations and internal investigations, intellectual property, and distribution matters. He has written and spoken extensively on these topics and many others. Andreas also advises clients on corporate compliance programmes that conform to local as well as global government standards, and has handled key strategic merger-notification questions, including evaluation of filing requirements, avoidance strategies, cross-jurisdictional cooperation, and the like.
What We Discussed in This Episode:
- Is there opportunity for cooperation between the U.S., Europe, and China on global health issues? How would that cooperation impact African countries?
- What new memorandum of understanding did the African Continental Free Trade Area (AfCFTA) and Common Market for Eastern and Southern Africa (Comesa) enter into and what does it mean?
- Who is trying to invest in Africa to help address the severely degraded agricultural situation and food supply?
- Can there ever be true independence from hegemons? What is likely to result among the various African countries?
- If there is a rush to cooperation, affiliation, and investment in African economies, which countries are likely to make those moves?
- Why did Twitter choose Ghana over Nigeria as the location for its Africa base?