Kenya Airways CEO: Global Corporations Should Be Investing in Africa
*By Michael Teich*
The world's most powerful companies put a lot of focus on international growth in China and India, but executives shouldn't overlook the potential of Africa, said Kenya Airways CEO Sebastian Mikosz.
"It's statistically, by far, the youngest population on earth, and is, particularly in Kenya, heavily digitalized," Mikosz told Cheddar in an interview. "It's a continent of many opportunities."
Mikosz not only wants to open up Africa to businesses, but also to American tourists. That's why Kenya Airways is launching its first-ever route to the U.S.
“It’s highly symbolic that you can reach the east coast of the U.S. to the east coast of Africa. In this industry, it’s all about connectivity.”
Daily nonstop flights between Nairobi and New York JFK begin October 28th.
For the full segment, [click here.](https://cheddar.com/videos/kenya-airways-ceo-global-corporations-should-be-investing-in-africa)
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
Tom’s Guide Editor-in-Chief Mark Spoonauer breaks down Apple & Amazon's latest product drops—what's hot, what's hype, and what really matters for users.
InnerPlant CEO Shely Aronov reveals how engineered crops like soybeans and corn emit signals when stressed—offering farmers early warnings to boost yields.
Payoneer CEO John Caplan discusses the implications of $100K H1B visa requirements—and how they could reshape tech talent, hiring, and U.S. competitiveness.
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.