10 Tips On Business Etiquette In Nigeria
June 3, 2015 Business etiquette in Nigeria may best be summed like this: “yes means maybe.” For a foreigner, doing business in the country may not always be straightforward. So we’ve rounded up 10 essential tips on business etiquette for any business traveler to Nigeria. Check and re-check on your negotiations Stick around for a
ADESINA EMERGES AS AFRICAN DEVELOPMENT BANK PRESIDENT
May 30, 2015 Yesterday Nigeria’s Minister of Agriculture, Akinwumi Adesina, emerged as the 8th President of the African Development Bank Group (AfDB). He becomes the first Nigerian to hold the seat. Adesina was elected president at the group’s 50th Annual Meetings in Abidjan, Ivory Coast after the bank’s Board of Governors cast their votes in his
African Trends That Are Creating Business Opportunities
Social media site DestinyConnect identified 20 of the most interesting trends in Africa, ranging from edgy furniture made with recycled wood to traffic robots that wave metallic arms around in DRC’s busiest intersections. DestinyConnect.com is a division of Ndalo Media, the brainchild of Khanyi Dhlomo, whose career has included working as a TV presenter and heading up South African Tourism in France. Dhlomo
African business leaders must make decisions that promote development
May 27, 2015 African businessman and philanthropist Tony Elumelu has called on business leaders to make decisions that will increase economic and social wealth, and promote development in the communities and nations in which they operate. Mr. Elumelu, the Chairman of Heirs Holdings and the Founder of the Tony Elumelu Foundation, stated this in a
Opinion: Are African Health Systems A Good Private-Sector Investment?
May 26, 2015 As the Ebola virus in West Africa wanes, multilateral and bilateral donors along with NGOs and country governments are making a concerted push to strengthen health systems across the developing world to protect against future health crises. But at what point does health systems strengthening become a good business investment for the
Opportunities for those wanting to return to Africa
May 26, 2015 At least 1 000 UK-based African professionals are gathering in London this week to meet with 25 pan-African employers who are flying in specially to woo them home with great opportunities. Homecoming Revolution’s Speed Meet Africa is taking place at the Olympia Conference Centre in Kensington on Friday March 20 and Saturday
Nigerian oil marketers to begin lifting of fuel in six hours
May 25, 2015 Product petroleum marketers in Nigeria have agreed to call off their strike, and to ensure restoration of normal supply of fuel throughout the country within the next six hours. The agreement was brokered by the Nigerian senate after a meeting between the oil marketers and the federal government at the national assembly
Debt is a cleverly managed reconquest of Africa’ – Thomas Sankara
May 24, 2015 A week before he died, Sankara said, “revolutionaries as individuals can be murdered, but you cannot kill ideas”. And so, for us today, the final challenge rests not in finding more Sankaras, but in becoming them – in bringing these ideas to life. Thomas Sankara, former leader of Burkina Faso, was the
Shaky Patent Laws Keeping Investors Away From African Inventors
May 22, 2015 Ineffective patent laws in Africa are keeping investors from supporting local innovators leaving them to struggle with their ideas that eventual collapse due to lack of funding. Heavy legal costs, arbitrary red-tape procedures and mismatch in legislation has made it difficult for many African inventors to patent their products making it even
How companies can mitigate their African supply chain risks
Africa’s agricultural resources are the backbone of multi-billion dollar industries and support the businesses of many global companies. The continent is a large producer of crops such as tea, coffee, chocolate, cotton and leather. But sourcing these raw materials is a challenge due to poor infrastructure, erratic weather conditions and limited use of technology that