HBSP (USA)
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Africa's New Generation of Innovators
Christensen, Clayton M.; Ojomo, Efosa; van Bever, Derek C.M.Article HBS-R1701K-EEntrepreneurshipWith a young, urbanizing population, abundant natural resources, and a growing middle class, Africa seems to have all the ingredients necessary for huge growth. Nevertheless, a number of multinationals have recently left the continent, discouraged by widespread corruption, a lack of infrastructure and ready talent, and an underdeveloped consumer market. Some innovators, however, have succeeded by building franchises to serve poorer consumer segme...Starting at €8.20
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Tolaram: Innovating in Africa
van Bever, Derek C.M.; Ojomo, EfosaCase HBS-317013-EEntrepreneurshipTolaram is a Singaporean company that began operations selling textiles in Nigeria in the 1970s. Executives and brothers, Haresh and Sajesh Aswani, however saw an opportunity to create an instant noodle market in the country. In 1988, they began importing Indomie noodles. But in order to truly target the local market, Tolaram decided to build manufacturing and distribution capabilities in Nigeria at time when conventional wisdom advised against i...Starting at €8.20