Access Bank Chairman: Is Africa Really THAT Risky?
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- Опубліковано 2 сер 2024
- In this clip, Access Bank Chairman Aigboje Aig-Imoukhuede shares his perspective on the risk premium put onto Africa by the rest of the world.
Mr. Aig-Imoukhuede is Chairman of Coronation Capital, the Non-Executive Director of Access Holdings, and former Group MD and CEO of Access Bank.
Aigboje is one of the most successful and esteemed businesspeople on the continent. In 2002, he led the acquisition of Access Bank, which under his 11-year leadership grew into the largest bank in Nigeria and one of the largest in Africa.
This wide-ranging discussion took place during the 2023 UN General Assembly in New York at an event hosted by the early-stage VC fund Microtraction, in which we were joined in conversation with Microtraction's Founding Partner, Kwamena Afful.
Watch the full episode here: • In Conversation with A...
00:00 - Africa's risk premium
04:13 - How do perceptions change?
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I want to understand the Ghana challenge he withheld
Powerful
Brilliant takes
Very insightful
Imagine one time I did a consultancy for a UK firm, and it took nearly a month to get my payment because UK banks do not send wires to Nigeria. This is after I had to undergo a global KYC check before I even got the job. RIDICULOUS IN THE EXTREME!
Exactly! This is the kind of "risk" we are talking about
XRP, Ripple, and Onafriq will solve the payments issue. Biggest issue about the risk premium is ... the politicians.
There is no need to sugar-coat anything Africa is super-risky to do business in
According to who?
Any sensible capitalist. Not every entrepreneur has governors and presidents numbers. Realities fir many are different.
Go invest in China
Go to where u are ok with . U weak looking for easy ways it doesn’t exist
Hi the flip ! Can you share about Rosca's solution in africa like "Moneyfellows" in Egypt by example and other entreprenor who decide to follow this way for a inclusive solution for many people who use traditionnal solution for saving money please. Have you a video who speack more about that in africa ecosystem please ? Thanks you
Really insightful interview. How do we access the full interview ?
Link is in the description. ua-cam.com/video/QpeT4of_mLw/v-deo.html
What's stopping you Africa from plugging into the world by conforming to the standards that other countries abide by?