The phrase “Those that fail to learn the lessons of history are doomed to repeat them” is generally attributed to Spanish-American philosopher George Santayana and applies in most cases. But what about when the lesson is that something should be repeated? Looking back on the development of the African tyre industry in the last 50-odd years, Dr Kweku Opoku-Agyemang recently published an article that makes such a challenge in relation to the ownership of tyre manufacturing capacity in Africa, using Ghana as a case study. The uptick in Chinese investment in African tyre production in the last year from Egypt (most recently Sailun, but also Longmarch as well as China National Tire & Rubber Co., Ltd) to Tanzania (think of Aulice, General Tyre and Boda Tyre) and beyond further underlines the point.
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