This blog is public and indexable by search engines.  More info.

Commerce in Africa

Dayo Olopade’s “Commercial Map” challenges the application of the western economic model to the African economy. She stresses that in order to jumpstart development in African countries, we must change our standard and provide commercial solutions that cater to it. Of her proposed ideas, from “impact lending” to diaspora bonds, which do you think would be most effective? Pulling from previous literature we’ve read on the African economy (Moyo, Sachs, etc), do you believe Olopade has a better understanding of African commerce?

Also, Olopade uses the term kanju many times in her writing. For those who are confused:

In Yuroba, a language of Nigeria, kanju literally means “to rush or to make haste”; in English, we might say it is to “hustle,” “strive,” “know how,” or “make do.” There are some existing terms that get close to my meaning. Jua kali (which means “harsh sun” in Swahili) refers to the resourceful labor in Kenya’s informal sector. “…Political scientist Joel Migdal calls kanju logic “strategies of survival – blueprints for action and belief in a world that hovers on the brink of a Hobbesian state of nature.”

6 comments on “Commerce in Africa

Leave a Reply