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)
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
By the time the 2024 election is over, be prepared to see some form of a recession – but this shouldn’t be as bad as what we experienced in 2020 or 2008.