Farouk Gumel
Farouk Gumel is a Group Executive Director and Chief Finance and Strategy Officer for Tropical General Investment (TGI) Group. TGI is a global conglomerate operating in 13 countries across Africa, the Middle East and Asia.
Latest from the Blog
Farouk gumel – Importance of Commodity Exchange
Farouk gumel – A Commodity Exchange or Comex is a regulated market allowing the purchase and sale of contracts backed by commodities such as gold, silver, crude oil and so on. Such an exchange serves as the central location for trading the commodities. Some of the major commodity exchanges in the world are Chicago Mercantile…
Farouk Gumel – Why is the Indian farmer protest important for Africa’s agricultural policy?
Recently, the media has been reporting about massive farmer protests in India against the implementation of certain agricultural reforms in Nigeria. The protest started on 9th August 2020 and most of the protesting farmers are from India’s two largest agricultural producing states (Punjab and Haryana). It is reported that these States are the largest beneficiaries…
Farouk Gumel – The minimum support price in agriculture – what is it important
Farouk Gumel – Most governments intervene in their agricultural markets although the extent of these interventions depend in large part on the wealth of the country. In the last century or so, the most common of these interventions is the Minimum Support Price (MSP) mechanism. In this paper, I hope to explain in simple terms,…
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Farouk Gueml 