* While many of the insights in Success in Africa are from work with Dalberg, and other firms, all opinions expressed are strictly my own.
* Here I’m borrowing the technique of Miles Morland, a private investor in Africa who sits on the board of one of its largest companies. Miles writes an occasionally brutal and always savvy newsletter, and uses a photo of Ghana street life in a similar way.
* There are many definitions of small and medium enterprises. Most are based on the number of employees, and most of those definitions put that number at fewer than 255.
† SABMiller is listed in London and Johannesburg. Its history, culture, and leadership are strongly African, and I concur with BCG’s description of it as African.
* Africa is a continent; ...