Innovation > Infrastructure. America’s Tudor and Nigeria’s Dangote would agree.
Efosa Ojomo
634

Interesting post!

However, how does competition (or lack of it) affect the ability to compete and therefore become profitable?

Would Dangote have succeeded in his industrial business if he the importation policies did not favour him?

Would Tudor have had that growth if there were alternatives (I get, innovation means new, thereby no alternatives)

For Africa, most of our basic needs have alternatives and if the market is not protected from competition who have the infrastructure to meet these needs cheaper, then we will be needing geometric leaps of innovation to have a chance in the market.

Not impossible, but a tall tall task.