AFRICA IS THE NEW CHINA, SAYS ROLAND DECORVET

In an interview with CNN Money Switzerland, Roland Decorvet, CEO of Philafrica Foods, sees similarities between 1990s China and the Africa of today. He cites Ethiopia’s capital Addis Ababa as an example, saying it looks like Beijing back in 1992. “It has strong government involvement, infrastructure being built, and a subway many European cities don’t have,” says Decorvet. In part two, he calls for more meaningful investment in Africa and talks about the role Switzerland, and Europe overall, must play to support growth.

Click here to watch the interview.

Source: CNN Money Switzerland

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DECORVET: AFRICA NEEDS “CAPITALISM WITH A PURPOSE”

In an interview with CNN Money Switzerland, Roland Decorvet, CEO of Philafrica Foods, says his company is not just about helping Africa, but rather trying to industrialize the continent. “We’re not giving handouts for people to survive,” he says. “We’re creating jobs, factories, and we’re helping farmers supply their crops to us at a good price.” In part three, Decorvet, the ex-Nestlé China head, talks about his goal to make Africa more self-sustainable.

Click here to watch the interview.

Source: CNN Money Switzerland

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