Thread by @iamkathambi

My most unwavering professional commitment is to never let McKinsey touch anything I have the capacity to influence in Africa 😂

It breaks my heart how much damage & delayed progress McKinsey's work has caused for Africa's #Energy sector 💔

In South Africa, after overcharging Eskom for 'useless expertise' that left SA's power sector in a mess, they said "sorry"

theafricareport.com/193472/south-a…

In the Zuma years, McKinsey, Bain etc facilitated state capture and misuse of public funds affecting state institutions like South African Revenue Service (SARS), South African Airways (SAA), Transnet, Eskom, Denel etc

theafricareport.com/173833/south-a…

It's always incredibly refreshing to see African Govts and institutions pushing back.

In Kenya, the Govt blocked KPLC from single sourcing PwC, McKinsey, and BCG to review PPA's.
(Eskom was a good lesson)

businessdailyafrica.com/bd/corporate/c…

A little earlier, Kenya Airways ended the contract with a McKinsey which had cost KQ Sh2.3 billion in 10 months.
standardmedia.co.ke/counties/artic…

These contracts cost taxpayers BILLIONS, yet often leave African countries worse off than before.

The contracts proceed on the ignorance, incompetence and corruption of govt officials.

As an African citizen, ALWAYS use your voice to keep your government awake and accountable💕

If you are an African citizen working in these international consultancies, defend your continent.

Use your brilliance, courage, and God-given talents to be the advocate Africa needs.
Put Africa's best interests first.

It works. And all of us are better for it 🙏🏾

One can't recommend "good consultancies" because that's not a thing.
The key is for Govts and citizens to be vigilant about:

- Prudent public resource use
- Transparent & competitive procurement & contracting
- Well define performance & evaluation standards
ETC

A summary of the McKinsey process 😂👇🏾👇🏾👇🏾

West Africa (and rest of Africa), we need to work through this problem abeg! 🙏🏾

https://twitter.com/iamkathambi/status/1569233018761478145

In the US, calls for Biden to ban Bain & Co from govt contracts.

In August, The UK banned Bain from govt contracts for “grave professional misconduct in state corruption” in South African Revenue Service (SARS).
#CorporateGovernance

theguardian.com/business/2022/…

In Kenya, the much vaunted, dead-on-arrival #KonzaCity?
Yep! You guessed it…McKinsey 💡

McKinsey is also behind Kenya Vision 2030.
And a few other development “visions” and “deals” across the continent

They remain visions for now 😂😂😂

restofworld.org/2021/the-faile…

This was “Konza Technopolis African Silicon Savannah” 😂 when I went by in June.

The project was initiated by Kibaki in 2008 under Kenya’s Vision 2030.

12 years later, our $14 Billion Smart City is just savannah for now 😂😂😂

McKinsey 🤝African Tailors

Angola. You get a gift too 🎁😃

“In Angola, McKinsey, Boston Consulting Group and PwC received payments from a company implicated in the alleged looting of Angola’s state-owned oil company by Isabel Dos Santos”

ft.com/content/cf261e…

Some argue that African institutions are at fault for "not implementing strategy”

That's only valid to an extent.

IMO, the main problem is that many consultants simply lack useful perspective on Africa.

Result: Africa gets unimplementable strategies

Touched on this before:

In 2019, Christine Lagarde spoke on the inefficient spending and the millions of dollars low-income counties waste to pay “The McKinseys and Boston Consulting Groups” to “re-invent” plans.

Instead of doing what is obvious and actionable 😫

pulse.com.gh/bi/strategy/po…