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As KFC Goes to Africa it Lacks Only One Thing: Chickens - WSJ.com
February 8, 2013 | WSJ | By DREW HINSHAW.
As KFC Goes to Africa it Lacks Only One Thing: Chickens

The reasons for expansion are clear: an emerging middle class on a continent where the total economy is set to grow at least 5% a year through 2017, according to the International Monetary Fund. The World Bank has estimated that food demand across Africa would double between 2012 and 2020.

But the continent's often small, bucket-irrigated farms will be hard pressed to feed its hungry consumers. "Growing demand for food in Africa is increasingly being met by imports," World Bank lead economist Paul Brenton wrote in a Jan. 8 report. "Clearly something has to change."
fast-food  Africa  KFC  Yum_Brands  chicken  restaurants  Ghana  farming 
april 2013 by jerryking
Streetwise strategy for an urban future
March 28 2011 | FT.com | By Andrew Hill. The McKinsey Global
Institute, the consultancy’s research arm, has projected how hundreds of
cities may fuel the global economy in 2025. Its “Urban World” report
suggests a bigger contribution to growth, the lodestone of corporate
strategy, will come from places below the top rank than from megacities
like Shanghai, New York and Delhi. What’s more, 230 of those places –
“middleweight” cities, poised to expand – don’t even appear in today’s
top 600.

The report sends an urgent invitation to companies to rethink their
country- and continent-specific approach to strategy and look more
closely at urban centres and clusters. Farewell, Emea and Brics. Hello,
Huambo, Medan and Viña del Mar.
McKinsey  urban  Richard_Florida  demographic_changes  North_Star  cities  China  unilever  Yum_Brands  clusters  megacities  growth  global_economy 
march 2011 by jerryking

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