The South Africa-Nigeria Business Chamber and the GIBS Centre for African Management and Markets (CAMM) welcome you to a panel discussion on risk in Nigeria in light of Nigeria's February elections.
Speakers will examine the outcome of this fiercely contested poll and how the result may affect the political and investment risk profile of the country going forward.
Nigeria is discussed
as equal parts opportunity and nightmarish business landscape. Every tale of
growth and innovation seems to follow one of corruption and inefficiency. On one hand, growth in the $21-billion-a-year digital market resulted
in the creation of some half-a-million direct and indirect jobs last year. In
the next breath, the World Bank’s Trading Across Borders survey, which measures
the time and expense involved with importing and exporting goods, ranks Nigeria
182nd out of 190 countries. It is a risk-return conundrum of
intellectual and practical significance like no other.
What is clear is that
the upside is too attractive to ignore. Consumer spending is the brightest light
of all for growth potential. The current 190 million consumers is set to reach
300 million by 2030. Retail space in Nigeria grew from 30,000sqm in 2005 to more
than 325,000sqm last year, and the likes of Nestlé and Unilever have both built
US$10m-plus factories in Ogun State in the last year.
Ryan Cummings, Signal Risk
Francis Osuyah, Fros Capital
Onyebuchi Memeh, Standard Chartered Bank
Dianna Games, South Africa-Nigeria Business Chamber
Registration: 17:45 -18:00
A light supper will be served after the event.
Please note that GIBS forums are filmed for City Press and BDTV.
Want to attend but can't afford to? Email firstname.lastname@example.org for one of the limited free seats available.