you're reading...

Forbes Courting Africa?

Everyday we read new headlines about the financial markets that seem to raise uncertainty about the global economy:  Europe is on tethers, China may not be poised to take over just yet, and North America is struggling to get back on its feet.  With such dismal prospects many international companies are looking to Africa as the next possible frontier.  Middle class is growing across the continent and they will be looking for new brands to adopt, new products to purchase, and new technologies to communicate.  Blackberry certainly realizes this.  Though they are drastically trimming down globally, they have actually opted to push within the African, specifically Nigerian, market.  So is Forbes leveraging itself as well?

2011 saw remarkable push from the Forbes team to insert itself into the consciousness and conversation amongst the African, again specifically Nigerian, middle class and elite.  We had lists on top power women in Africa, lists on richest persons in Africa, top banker profiles, etc.  It seems we couldn’t go two weeks without hearing an albeit covert PR job on what the team at Forbes just discovered about some aspect of the African Business:  “The African King of Oil.”

Might we not have known that Wale Tinubu was certainly at least a prince of oil, or that Dangote was, well, “quite wealthy”?  Well, with Forbes is here so we don’t have to leave these things to chance.  Welcome, Forbes Africa.

Btw:  Forbes Africa is a partnership between Forbes Media and ABN Publishing, a South African firm which also controls the parent company for CNBC Africa.  CNBC has been in operations since 2007.


About BRENTT Consulting

BRENTT Consulting is a market research firm founded in 2005, which provides world class consumer and industry research services exclusively to SME clients and high value entrepreneurs. We have a proven track record and have consistently delivered first class services to our valued clients. We also build tailor-made strategies and services to appropriately suit each client.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: