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Episode details

World Service,07 Jul 2012,28 mins

African Entrepreneurs - Episode 1

Global Business

Available for over a year

Africa has long been mentioned as the next great frontier in the business world, and it seems like people elsewhere in the world are waking up to the continent's vast potential. In the first of two programmes on African entrepreneurship, Peter Day talks to some of the people who are helping to change the business landscape. This week he speaks to two men who took failing local banks and turned them into leading financial institutions. Aigboje Aig-Imoukhuede was bored with his job in a big multinational bank, and he was desperate to launch his own venture. With a focus on helping his customers build scale, his bank rode Nigeria's economic boom to success. Also in the programme, James Mwangi recently beat out famous names to win the Ernst and Young World Entrepreneur of the Year Award. He tells Peter how he turned a technically insolvent bank serving 27,000 Kenyan farmers into an institution with eight million customers in five countries.

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