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Wanting more: a grateful reader.

I would like to congratulate you on your very informative Top Companies report. You cannot overestimate the utility of having all this information under one umbrella. Too much of business in Africa is opaque and financial data is hard to get, which makes decision making a very hard process indeed, especially in terms of corporate finance and assessing the potential of various markets.

Another benefit of such rankings, as with any valuable and well researched ranking, is to give companies and people something to benchmark themselves against.

Competition is good, and I hope that next year you will be able to give your readers even more information--comparisons with international companies in emerging markets (China, India) more developed markets (The Gulf countries, Malaysia, Singapore) and the more mature markets (USA, Europe, Japan).

That way we will really know how well we are doing. It would also be useful to include more companies, not simply those which are listed. Much of the bigger businesses in the region are not listed on the exchanges as these are often not sufficiently developed. That would give everyone a chance.

And why not also start creating other successful rankings to give our entrepreneurs and successful businessmen a platform to showcase their success and inspire the younger generations--the most influential people in Africa, an African rich-list, Africa's powerbrokers, Africa's leading entrepreneurs. Much of this is subjective but I am convinced it help in inspiring current and future generations.

Continue the good work.

Jacob Ucheku

Benin City, Nigeria
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Copyright 2007 Gale, Cengage Learning. All rights reserved.

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Title Annotation:THIS MONTH'S PRIZE LETTER
Comment:Wanting more: a grateful reader.(THIS MONTH'S PRIZE LETTER)
Author:Ucheku, Jacob
Publication:African Business
Article Type:Letter to the editor
Date:May 1, 2007
Words:250
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