The U.S. and Kenya announced yesterday the initiation of bilateral free trade talks under the rules of the Trade Promotion Authority law. The U.S. wants it to be the first of several with African countries. Per the Legatum Institute, the African continent is the most prosperous it has ever been. Unlike Argentina, which is relatively poorer than in its past, each region in Africa is improving, even if at a slow pace. In part this is due to improved institutions and governance. While South Africa is the only semi-prosperous country south of the Sahara, at least six countries on the continent itself qualify as emerging, including Kenya. Mauritius is top ranked, but the island only has one million people. East Africa is outperforming oth...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.