Africa

Bill Mundell addresses the president of Nigeria and the invited dignitaries and guest at the Waldorf Astoria in NYC during the Nigerla Meets The World conference September 24th, 2007.

There is a Credit Crunch In Africa today. A burgeoning entrepreneurial class has emerged but lacks access to credit. No country in the world has succeeded in creating long lasting dynamic growth without funding and supporting its entrepreneurs. It is imperative fill the credit vacuum in the African banking system—where on one end of the ladder, there are the recognized micro credit offerings, and on the other financial products offered to major companies to cover export credits and standard financial services. We must foster a distinct specialist banking group focused on the emerging middle class for consumer credit, and also serving African entrepreneurs with financial means, with venture capital type services.

Africa Prebrief Cedric Muhammad: A very thoughtful and stimulating piece relevant to where we think Africa is headed this decade appeared in Forbes last week co-authored by William Mundell, the former CEO of the WEFA Group who is developing a banking franchise in Africa to fund small and mid-sized businesses and Economist Reuven Brenner who holds the Repap Chair at McGill‟s Desautels Faculty of Management, serves on the Board of McGill’s Pension Fund and Investment Committee and who has advised large funds, corporations and executed entrepreneurial ventures of his own. We include the food-for-thought article below, inserting our commentary and references to past client pieces. More…

At a recent Townhall event, under Republican pressure to cut spending, President Barack Obama defended foreign aid. He made the point that it allows “Americans to be a leader in the world, to have influence, to help stabilize countries, create opportunity for people so that they don’t breed terrorists or create huge refugee populations flows.” More…

Lagos, Nigeria. Bill Mundell joined Former Secretary-General of the United Nations, Kofi Annan, Former US President Bill Clinton, Former US Vice President Al Gore, at the 2009 ThisDay Festival of Ideas.

The meeting tackled questions on the challenges facing Nigeria as it moves to consolidate democracy, enthrone sound governance practices and seek the right framework for building infrastructure to ensure and sustain economic growth.
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Nigerian President Umaru Musa Yar’Adua will be the guest of honor at The Nigeria Meets the World 2007 summit, organized by Nigerian newspaper This Day in New York City.

Bill Mundell will speak at the summit, among other speakers including US Secretary of State Condoleezza Rice, former US Secretary of State Henry Kissinger, and former US Treasury Secretary Lawrence H. Summers. More…