Blog

AFRICA’S EDUCATION GAP IS COSTING MORE THAN WE THINK

The Economic Impact of the Education Gap in Africa: The Hidden Cost of an Underprepared Generation H.G.&W Thought Leadership | Education, Economic Development & Human Capital Africa's education gap is more than a social challenge. It is an economic constraint that affects productivity, employment, investment, innovation and the continent's ability to compete...

GARANTI BBVA: STRONG EARNINGS, DIGITAL SCALE AND THE RESILIENCE TEST

Garanti BBVA: Digital Banking Powerhouse or a Test of Resilience in Turkey’s Volatile Economy? A strategic business review by H.G.&W Consulting Executive Summary Garanti BBVA has developed into one of Turkey’s most influential private banking institutions, combining the reach of a major domestic bank with the technology, international expertise and financial backing of...

NNPC LTD: RECORD PROFITS, REFORM AND THE QUEST FOR SUSTAINABLE VALUE

NNPC Ltd: Record Profits, Refinery Questions and the Battle to Build a World-Class Energy Business A strategic business review by H.G.&W Consulting Executive Summary Nigeria’s national oil company is at a critical stage in its evolution. Since becoming a limited liability company under the Petroleum Industry Act (PIA) 2021 and commencing its commercial...

THE OIL & GAS INDUSTRY ISN’T DISAPPEARING. IT’S BEING REPOSITIONED.

The Resurgence of the Oil and Gas Sector Why Hydrocarbons Are Back at the Centre of the Energy Conversation Executive Summary After years of predictions about the decline of oil and gas, the global petroleum industry is entering another important phase. This is not necessarily a return to the oil-centric energy system of previous...

ENUGU AIR: THE BUSINESS BEHIND THE AIRLINE

ENUGU AIR: CAN A STATE-OWNED AIRLINE BECOME THE ECONOMIC ENGINE OF A REGION? A Business Review of Enugu State's Ambitious Aviation Bet Executive Summary When Enugu Air took to the skies on 7 July 2025, it entered one of Nigeria's most difficult businesses: commercial aviation. Airlines operate in an unforgiving environment. They require expensive...

JERÓNIMO MARTINS: THE POWER OF LOW PRICES

Jerónimo Martins: The Retail Empire Built on Low Prices How a 230-Year-Old Portuguese Business Built a Multinational Food Retail Platform Executive Summary Jerónimo Martins is one of Europe's more interesting retail groups because its story is simultaneously one of scale, discipline, geographic diversification and strategic concentration. The Portuguese group traces its roots back more...

AFRICA’S NEXT DIGITAL BATTLE WILL BE FOUGHT INSIDE DATA CENTRES

Future of Data Centres in Africa: Building the Infrastructure Behind the Continent’s Digital Economy Introduction Africa’s digital economy is entering a new phase. For more than a decade, the continent’s digital transformation conversation was dominated by mobile connectivity, broadband penetration, smartphones and fintech. Those remain important, but the next stage of Africa’s digital...

L&T’S STRATEGIC TRANSFORMATION: FROM EPC TO THE FUTURE

L&T: From Building Infrastructure to Building the Future How Larsen & Toubro Is Transforming an Engineering Legacy into a Global Technology and Infrastructure Powerhouse Executive Summary Larsen & Toubro (L&T) has spent almost nine decades building a reputation around engineering, construction and project execution. Today, however, describing L&T simply as an engineering and construction...

THE DANGOTE IPO: BEYOND THE ₦2.15 TRILLION

THE ECONOMIC IMPACT OF THE DANGOTE IPO How Nigeria’s Largest Refinery Public Offering Could Reshape Capital Markets, Energy, Industrialisation and Wealth Creation Executive Summary The public offering of shares in Dangote Petroleum Refinery and Petrochemicals FZE represents one of the most significant transactions in Nigeria’s capital-market history. The offer, which opened on 14 September...

NEWMONT GHANA: THE ECONOMICS OF LASTING VALUE

Newmont in Ghana: Gold, Growth and the Challenge of Creating Lasting Value Executive Summary Newmont Corporation’s Ghana operations provide a useful case study in the opportunities and complexities of modern gold mining. For decades, Newmont has been one of the most important participants in Ghana’s gold industry. Its Ahafo operation has become the...