Women in business

Senegal's chicken war: KFC and AFC battle it out

Senegal's KFC store
Photo: Yagazie Emezi/The Washington Post/Getty Images

As Chick-fil-A and Popeye's continue to fight for the title of best chicken sandwich in the U.S., Kentucky Fried Chicken has found itself in a similar contest in Senegal with local Africa Fried Chicken, reports the Washington Post.

Why it matters: Several African nations have rapidly expanding middle classes and notably young populations, per the Post. However, entering the growing African market is proving to be challenging for American companies, as existing and established local businesses cater to the demographic and have built relationships with consumers.

Women's equality reframed

Illustration of a woman stepping up a bar graph in heels
Illustration: Aïda Amer/Axios

Slowing global growth and stagnating investment returns have created a fertile environment for a novel idea: gender equality. It has been front and center at the autumn IMF-World Bank meetings — now framed not as an altruistic appeal, but as an economic imperative.

Why it matters: New IMF managing director Kristalina Georgieva looks to be bringing that imperative to the economic policy focused Fund rather than the philanthropically minded Bank, a major change for how issues of diversity and equality are viewed.