Kano State: History and Background
New investment impulses in Kano State
Kano has been bastion of commercial activities in the Sub-Saharan Africa for over five centuries ago. It prospered as the southernmost nodal point of the trans-Saharan trade during the pre-colonial times. At the wake of colonialism retained its vigour for commerce and industry after it was connected to the trans-Atlantic trade. For both trade of the old and new routes Kano is the premier point exercising commercial influences over its adjacent locations. For an unbroken period of time Kano has piled accolades of excellent business climate, globally reputed business moguls as well as globally desirable infrastructure for business proliferation.
The influence of the state administration has always been at the core of prosperity of Kano’s outstanding commercial fame. From the emirate periods, through colonial and postcolonial era governments have played vital and sensitive roles in that direction. However, the new millennium is greeted by new revolutions, opportunities and challenges for the global, regional and local businesses. On that basis, the administration of His Excellency, Mallam (Dr.) Ibrahim Shekarau (the Sardauna of Kano) has adequately responded to the millennium-bound opportunities and challenges through programmes, projects and policies that focus on synchronising Kano with the new world of businesses. The testimony of the effort the Shekarau Administration towards attracting foreign direct investment is given by the World Bank/DFID Business Climate Survey 2010 which ranks Kano as the leading state in Nigeria in terms of reforms in the sector of business development in Nigeria. The Shekarau seems to have international and national confidence for its efforts of restoring global reputation that Kano has enjoyed for centuries. The State has hosted several international dignitaries including President Horst Kohler of the Federal Republic of Germany, President Vaclav Klaus of Czech Republic, His Royal Highness Charles, the Prince of Wales and host of others.