“Now’s the Time to Invest in Africa”

The February 2009 Issue of HBR had this article titled “Now’s the Time to Invest in Africa” by Paul Collier and Jean-Louis Warnholz and its interesting to know that growth in Sub Saharan Africa surpasses that of Asia (Nigeria among the countries mentioned).

Highlights of the article are as follows:

• Sustained growth in Africa driven by stability, favorable policies, higher profits and opportunities.
• From 2002 – 2007, average annual return on capital of the companies studied was 65% to 70% higher than that of comparable firms in China, India, Indonesia and Vietnam. Analysis conducted on1,869 African companies confirms that these companies’ median profit margin was 11%, better than the comparable figures for Asia and South America.
• While the IMF projects a 2009 growth rate of 6.3% for sub-Saharan Africa, it says that Nigeria, Tanzania and Uganda will record a growth that is higher than 8%.

Read More

Tim Ferriss: Escape 9-5, Live Anywhere, and Join the New Rich”

Today I came across Timothy Ferriss’ (Tim Ferriss) website, the author of the Best Selling title “The Four Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich”

Many of us want to live our dream life wishing we had more time and more money… from learning a new language, cruising through Europe and going on holiday in a chateau in France.

Tim offers a no-regret guide to what it takes to change your life. I have found the book fascinating because it tells you how to live like a millionaire today.

But who is Tim: A graduate of Princeton University, born 1977 and has amassed a diverse roster of credentials and experience:

• Princeton University guest lecturer in High-Tech Entrepreneurship and Electrical Engineering
• First American in history to hold a Guinness World Record in tango
• Advisor to more than 30 world record holders in professional and Olympic sports
• National Chinese kickboxing champion
• Glycemic Index (GI) researcher Political asylum researcher and activist
• MTV breakdancer in Taiwan
• Hurling competitor in Ireland
• Actor on hit TV series in mainland China and Hong Kong

To learn more about Tim and his book click here

Read More

Lehman Introduction Investment Banking

Even though the whole world is experiencing difficult times especially in the financial services sector, the business of investment banking still remains the same. The presentation below gives an insight into the activities of an investment bank.

Lehman Intro Investment Banking

View more presentations from guestb1c425. (tags: lehman finance)

Read More