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BCG Targets Nigerian Infrastructure as it Opens Office in Lagos

  • Consultancy follows rivals Bain, McKinsey in entering Nigeria
  • BCG expects to have 50-60 consultants in the country by 2020

Boston Consulting Group opened its first office in Nigeria as it looks to target companies investing in infrastructure, even as Africa’s biggest economy and oil producer endures its worst crisis in 16 years.

BCG opened an office in Lagos, its fourth in Africa after those in South Africa, Morocco and Angola, on April 4. The firm expects to increase the number of consultants in the country to as many as 60 by 2020 from 15 today and boost its revenue by up to 20 percent annually in that period, according to Pascal Cotte, the chairman for western Europe, south America and Africa.