Global Tech

Babson Graduate Defies Angola Myth to Make Fortune on Phones

Alex Thomson-Payan arrived in Angola in 2007 armed with a business degree from Babson College in Boston and $200,000 raised from Swiss and American friends.

Today the 29-year-old runs Thomson Group International, which earns monthly revenue of more than $2 million from selling mobile phones and supplying oil explorers with services. On top of a schedule from dawn to late into the night, he hosts parties at a beachfront house and collects motorcycles. All this in a country whose civil war ended 12 years ago and is ranked among the most difficult for doing business by the World Bank.

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About Global Tech

Global Tech covers the people, their promises and the problems they face competing in the most innovative industry on earth. Commentary and analyses in this blog are the views of the authors and/or commentators, and do not necessarily reflect the views of Bloomberg News.

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