Our Year in Review & Looking Ahead
From our vantage points across African capitals and London, key members of Songhai Advisory’s consultant team gathered early on in the New Year to reflect on the key drivers of our business in 2023 and explore the macro trends which will feature on the agenda of decision-makers in 2024, namely elections, inflationary pressures, insecurity tied to economic constraints, enforceability of land title, civil conflict and movers and shakers in the world of start-ups.
Notwithstanding connectivity issues and perhaps a bit of festive fatigue(!), we pushed through to bring you ‘in-house’ to our first gathering of 2024, which we hope will be the first of more regular discussions on topics with commercial implications on the continent. Please do scroll to the part that may interest you the most - we hope you find it useful. Here’s to a fruitful and prosperous 2024!
From all of us at Songhai Advisory.
0- 4.45 mins: Overview of work completed last year at Songhai Advisory by Songhai Advisory Co-Founder, Kissy Agyeman-Togobo. There has been lots of interest in the francophone markets from a due diligence perspective, also in the Middle-East. Songhai convened two panel discussions/soirees in Q4 of 2023: one on crypto with TBD and another on the opportunities for investing in Ghana, particularly in the creative industries.
5mins: Songhai Consultant based in Lagos, Adedayo Ademuwagun, speaks about Nigeria's elections, fuel subsidies & currency depreciation in Nigeria under President Bola Tinubu.
8.20 mins: Songhai Consultant Marie Shabaya based in Nairobi speaks about the state of Kenya's economy -rising living costs, dollar shortages - and the impact on security.
2.40mins: From his vantage point in Accra, Songhai Director, Lord-Gustav Togobo, shares thoughts on Ghana's upcoming elections, Ghana's USD3bn bailout and the impact on ordinary citizens and businesses in Ghana.
17.02mins: Songhai Advisory Consultant Gad Akwensivie speaks about the importance of land in Ghana and the latest judgements which have occurred which could undermine confidence, namely the principle of the atonement of tenancy.
23.54mins: Songhai Advisory Consultant Ismael Tolla speaks from Abidjan (en francais) about the sensitivities around land in Cote d'Ivoire, regulatory change impacting agro-forestry and the government's plans to register land, given the fact that only 2% of land in Cote d'Ivoire is titled.
36mins: An update by Songhai Advisory Director, Anoushka Kurkjian, on Sudan - its gradual fragmentation and the broader regional/humanitarian implications of the conflict.
43mins: Anoushka speaks further on climate change and the position of the UAE and Azerbaijan and the incentive to implement changes.
45:12mins: Joseph Kuuire, Founder of TechLabari, speaks about the start- up ecosystem across Africa, the movers & shakers and those who have been challenged by regulatory issues. s
50mins: Songhai in 2024: Kissy Agyeman-Togobo, Songhai Advisory Co-Founder speaks about the plans for 2024 - more work in market/sovereign intelligence; due diligence; leadership - particularly women-led businesses & tech; helping to support the Diaspora community.
Songhai Advisory is an Africa & Middle-East focused business intelligence firm which has been researching, analysing and advising on investment opportunities, risk & mitigating strategies for over 13 years. To learn more about us, please don’t hesitate to get in touch at info@songhaiadvisory.com. We would love to hear from you!