The borrowed champion

Call it the borrowed champion. We keep hiring other nations' founders to build our nations. The elders put it simply: the one who is carried does not know how far the town is.

Photo credit: Shutterstock

On Monday in New York, at an Accra Reset convening beside the 81st UN General Assembly, President William Ruto said Africa must be a builder of the technologies defining this century and a contributor to the rules that govern them. "Our task," he said, "is to organise Africa's capabilities at scale." Fine words travel light. Refineries do not.

A week earlier, in Lagos, the Dangote refinery opened its initial public offering: 4.1 billion shares at 525 each, seeking about Sh2.15 trillion, billed as the largest share offering in African history.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.