The Musings of Faith

Tag Results: governance

“Somalia is intriguing. Since they 7th century they’ve been refining and working within their Xeer system of community law and have a violent aversion to the authority of any centralized government. It’s also one of the most entrepreneurial, hard-edged business cultures around.”

Hawala Tech and Banks in Somalia — WhiteAfrican

Why I’m interested in Somalia is two-fold. First, I’m interested in watching how the international community tries to force central government on a society that clearly abhors it and functions without it. Second, Somalia is a fascinating study for anyone watching the African tech and business scene. Out of one of Africa’s harshest environments, entrepreneurs thrive.

After reading this very interesting article on the banking system within Somalia, I must say, I am now intrigued given its history of governance juxtaposed with a flourishing entrepreneurial spirit. Can this unique political system (xeer) enact economic policies that can lift up a majority of its citizens?

Since good governance is the start and impetus of real change and economic prosperity in Africa, it is important to see how the countries measure up. Pictured here are the top 20 ranked countries in the 2010 Ibrahim Index of African Governance. Click on the chart to view the data in its entirety. (via Mauritius top ranked country in 2010 Ibrahim Index | How We Made It In Africa)

Since good governance is the start and impetus of real change and economic prosperity in Africa, it is important to see how the countries measure up. Pictured here are the top 20 ranked countries in the 2010 Ibrahim Index of African Governance. Click on the chart to view the data in its entirety.

(via Mauritius top ranked country in 2010 Ibrahim Index | How We Made It In Africa)

“The days of board impunity and license to conceive, enter and exit transactions without presenting a clear case on the benefits to shareholders may be drawing to a close in Nigeria. It’s about time too.”

The last I heard: A look at deal communications in Nigeria

I agree with the author here. As Obama has said, good governance is the path to prosperity on the continent. I hope increased shareholder dissonance will spark governance changes at all necessary levels within Nigeria’s public AND private sectors.

I am a woman born to Nigerian parents, walking with God, interested in art and technology yet passionate about economics, investments, and capital markets.
At 30, I started this site to be a collection of all that and more forming an eclectic collection of real information. Read more.
"Faith might do, accomplish, and create a lot. In fact, it does."

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