
Africa’s economic reset requires moving from ambition to execution
The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.
MARKETING FORUM
By our African Marketing Confederation News Team | 2024
Marketing author and Philip Kotler collaborator could co-author new books focusing on Africa’s potential, with AMC as a project partner.
Such is the potential for marketing innovation in Africa, that Hermawan Kartajaya, long-time collaborator with Philip Kotler on many books and projects, believes that the next books he co-authors could be about the continent. He has also suggested that the African Marketing Confederation should be a project partner.
Photo: African Marketing Confederation
Speaking at the opening day of the AMC Marketing Forum in Mombasa, Kenya, Kartajaya said he hoped the first of these books could be published as early as next year.
He has made his name focusing on the marketing and business opportunities in Asia, but sees the potential of Africa as the next emerging market frontier.
Picking up on a comment by Dr Mohamad Hery Saripudin, Indonesia’s Ambassador to Kenya, during the conference that Africa is a “beautiful girl”, Kartajaya said he would go a step further and categorise the continent as a “sexy girl” in terms of its potential.
Giving advice to African marketers on their strategies, he stressed that you don’t need to be the best brand – providing you’re different. “Be different, just be different,” he emphasised.
Discussing his latest book collaboration, published in August 2024 and titled ‘Reimagining Operational Excellence’, Kartajaya discussed the CI-EL (Creativity, Innovation – Entrepreneurship, Leadership) vs PI-PM (Productivity, Improvement – Professionalism, Management) model that features in the book.
CI-EL embraces Marketing and Humanity, while PI-PM embraces Technology and Finance. In the age of artificial intelligence (AI) marketers need to excel in CI-EL, while allowing PI-PM to be enhanced by AI.
He emphasised that human marketers could use AI to be better, but “humans must make decisions – AI only helps”.
The forum continues. Visit the African Marketing Confederation website and social media pages for AMC Marketing Forum updates from Mombasa.

The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.

Vongani Mageza brings more than 20 years’ experience across financial services and FMCG) companies such as FNB and Diageo.

AI agents will influence shopping, algorithms will supersede social connections, and the clip economy will change how brands connect.

The brand partnership includes a new TV commercial featuring Kipchoge, digital storytelling, wellness initiatives and community programmes.

Modern retail in Africa is still dwarfed by the traditional trade. Marketers who dismiss this relationship-heavy retail model do so at their peril.

Research finds brands don’t just sell products. They can also provide employees with stories through which they feel their work is meaningful

Honesty must be demonstrated through transparency, accountability and action – shaping both reputation and future trust following a crisis.

In the funeral plan category, where most advertisements look like an obituary, Standard Lesotho Bank opted to ‘sell the cow’, not the policy.

Strategic Marketing for Africa, the publication for deep-thinking African marketing professionals, is not to be missed.

CEO of Scopen says the expansion into East Africa is a natural progression following the success of the research in South Africa.

Report says around 80% of Africa’s annual goods export potential to the Caribbean remains untapped.