Sub-Saharan Africa – A Reality or a Temporary Mirage?
November 15, 2007: 6:00 PM - 9:00 PM
The current outlook for the majority of Africa is more favorable than it has been for many years. Sectors such as banking, retailing and mobile telephony are experiencing significant growth.
Where
Gleacher Center
608
450 Cityfront Plaza
Chicago, Illinois
Cost
No Charge
Program
6:00 PM-6:30 PM: networking
6:30 PM-8:00 PM: presentation
8:00 PM-9:00 PM: drinks at The Midway Club, Fifth Floor
Registration
Register Online
Deadline: 11/15/2007
Questions
Karl Buschmann,
847.310.0412
Other Information
NOTE: The Alumni Office is excited to announce that the Chicago GSB has arranged with the AMC Theater-River East Self parking Garage to provide discounted parking. The discount will be available weekday evenings and on weekends for our alumni while attending GSB events at the Gleacher Center.
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$6.00 after 3:00pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. The new system for the AMC Theater- River East Self Park Garage is automated. You will only need to insert your parking card in the validator and the new price will be automatically applied. You can validate your parking ticket at any time between your arrival at and departure from the Gleacher Center.
Event Details
The current outlook for the majority of Africa is more favorable than it has been for many years. Sectors such as banking, retailing and mobile telephony are experiencing significant growth.
- The number of African consumers is likely to comprise 1.4 billion in 2030
- Mobile phone penetration is forecasted to increase to 13% by 2008
- According to the World Bank, the African economy is likely to exhibit a fourth consecutive year of above-average growth
- Sub-Saharan GDP is forecasted to increase by 5.3% in 2007, maintaining the average recorded between 2004-2006
- FDI is three times the average rate in the 1990s
- There have been an unprecedented number of new, dedicated Africa-focused equity vehicles established by global financial institutions, in 2007
Jamil Satchu, a graduate of the GSB in 1995, was born in Kenya and has lived in Africa for significant lengths of time. Most recently, he has worked at A.T. Kearney, a global management consulting firm, since 1995, and has been a Partner and Vice President since 2003. He has worked all across the globe and has significant experience working with private and public sector clients in analyzing global economic, social and political indicators and the potential impact of these indicators on their interests.
Speaker Profiles
Jamil Satchu (Speaker)
Vice President and Partner, A.T. Kearney
http://www.atkearney.com