Review
Bravo! McLymont s insightful columns on African economies and trade potential now serve a broader audience as a window through which one can see clearly the evolution and broad range of the continent s most promising sectors for investment. Africa: Strictly Business balances its portrayal of Africa's challenges with its current and prospective contributions to global trade and continent-wide economic growth. It offers a blueprint and guide for where to look, on what to focus and through what competitive advantages U.S. and Diasporan investors can best leverage their skills and networks for successful partnerships with Africa s entrepreneurs and burgeoning business sector. --Ambassador Alice M. Dear U.S. Executive Director, The African Development Bank (1994-2000)
McLymont is living testament to that old saying, For of those to whom much is given, much is required. This former editor at an Economist magazine-owned publication could have stuck to writing articles for the Wall Street crowd. She brought her skills back home with her insightful columns at TNJ, now assembled in this brilliant collection. Finally, we meet the heroines and heroes of African entrepreneurial drive, ranging from the African women basket weavers who struck a marketing deal with Macy s in New York, to visionaries who, but for the lack of capital and effective demand, could build companies that could rival Bill Gates or Warren Buffet s in size and scope. If I were selecting a sub-title for this book, it would be The Africa We Never See.... There is much hope for the continent. --Milton Allimadi, Publisher, The Black Star News and Harlem Business News.
A prudent investor learns to look at the trees, not the forest. This is particularly sound advice when it comes to today s Africa. Lurking behind the forest of sensational headlines describing in gory detail, a succession of bloody conflicts that have infected parts of Africa for years, are thriving enclaves of peace, steady economic growth and high returns on investment. McLymont s Africa: Strictly Business is the right book at the right time, as is often said in business, timing is everything. Particularly now in light of the global financial collapse of the worlds developed economies ," the fact is that Africa s stock markets values accelerated from $300 billion in 2002 to over $1 trillion by 2007. Now, Africa s negative correlation to advanced sectors of the world is actually a positive thing. I say many thanks and a standing ovation to Africa: Strictly Business for putting the readers eyes upon the trees and not upon the forest! --Thomas S. Mims, Founder & CEO, Emerging Africa Ltd.
About the Author
Rosalind Kilkenny McLymont is the editor-in-chief of The Network Journal; a partner in the international trade and business development strategy firm, McLymont, Kunda & Co.; and author of the novel, Middle Ground (Beckham, 2006), winner of the 2007 S Indie Best Fiction award. McLymont started her journalism career in 1985 as an international trade reporter at The Journal of Commerce. She appeared frequently on CNNfn as a commentator on the impact of global events on U.S. trade, and on the National Minority Business Council s monthly cable television show, Business Report. She has won two awards from the New York Association of Black Journalists for her columns in The Network Journal. A former president of the Caribbean Media Association, McLymont was an adviser to the Institute on African Affairs; chairman of the board of directors of the Business Outreach Centers Network; an executive board member of the Desmond Tutu Peace Foundation; and a guest lecturer in New York University s graduate program in Latin America and Caribbean studies. She traveled to Russia as a citizen ambassador with the Alliance of Russian and American Women and was an entrepreneurship development consultant to the Gender Program of the United Nations Development Program s Africa Bureau. Prior to becoming a journalist, McLymont taught English and French in Uganda and the Democratic Republic of Congo for eight years. She is a past fellow of the European Community Visitors Program, studying the EC integration process in Germany, Belgium and Greece. She was named a Woman History Maker by the Caribbean-American Chamber of Commerce and Industry and has received awards from the International Black Women s Congress, the CEJJES Institute, the National Minority Business Council, and the New York Regional Chapter of the National Association of Health Services Executives. McLymont has a master s degree in journalism from New York University, a bachelor s degree in French from The City College of New York, a Certificate in Spanish Language and Literature from the University of Madrid, and a Black Belt in Tai Chi from Ming s Tai Chi Fitness Academy in New York. She resides in New York with her husband, Fritz-Earle McLymont.