Growth and Development in Africa [Rebroadcast]

Anyone of a certain age will remember the massive hit that was “We Are The World,” the Michael Jackson, Lionel Richie, and Quincy Jones produced charity single by USA for Africa. The considerable profits from the that hit song went to the USA for Africa Foundation, which used them for the relief of famine and disease in Africa and specifically to 1983–1985 famine in Ethiopia. Even though Africa is an enormous and diverse continent with 54 sovereign countries, many people in the United States, and the west more generally, were left with the impression of Africa as destitute and poverty-stricken. What they may not realize is the enormous amount of growth and development Africa has been seeing. To help us better understand this growth and development, particularly in the country of Nigeria, today Eric Kohn talks with Wiebe Boer and Danladi Verheijen. Wiebe Boer is the president of Calvin University, here in Grand Rapids, MI, and Danladi Verheijen is the co-founder and managing partner of Verod Capital Management, a leading West-African private equity investor. Eric talks to them about their experiences growing up in Nigeria, and what they are seeing with the booming growth that country is experiencing.