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Out of over 8.2 billion people globally, Africa is home to over 1.4 billion, with more than 60% of that being youth under the age of 25. This is not just a statistic—it’s an opportunity. While populations in the West are aging and declining, Africa is growing. This is an opportunity for Africa, but are we taking avantage of it?
Last year when I began my MBA (years from when I was first fascinated with money), finance hit me with a reality check. My first-semester finance course was difficult, stretching me beyond my comfort zone. I found myself wrestling with concepts like discounted cash flows, net present value, and the intricacies of investment decisions. I found myself (better) understanding money.
My MBA team and I had the opportunity to take part in the Marshmallow challenge, and our team won by a mile, with a 28-inch structure that was completed with almost 8 minutes still on the clock (we had 20 minutes to do this), and stood strong until the end. But beyond the win, what fascinated me most was the decision-making process that determined success or failure.
For years, the #BuyMalawi initiative has been positioned as a patriotic act—something we do to “support Malawian businesses.” But the problem is, we never really explained why supporting Malawian businesses is essential—not just for those businesses, but for our economy, our jobs, and our financial future.