Small Scale Business ideas and Investment Opportunities in Nigeria

April 3, 2015 1. Livestock Farming Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players

Five elements a promising startup must portray to attract investments

April 2, 2015 If there would be just one moment in time when the world was filled with vibrant, energetic and forward-thinking youths who are crazy about setting up businesses, it would be today. In reality, it’s a startup’s world we now live and work in, and many who realize the power of ideas are

Africa’s richest man Aliko Dangote ventures into construction

April 2, 2015 Aliko Dangote, the owner of Africa’s largest industrial conglomerate, Dangote Group, has announced a multi-million dollar Joint Venture (JV) deal with the Italian construction giant Saipem. This will birth a new company to be named Saipem-Dangote Engineering and Construction (E&C). A statement by Devakumar Edwin, group executive director of the Dangote Group,

Iconic African Food And Beverage Brands

April 2, 2015 What defines an iconic brand? Timelessness, the marriage of form and function, and the demonstration that it is living up to its values and promises. “History and pride become an influential part of how iconic brands operate,” according to a BizCommunity article. Americans see the big McDonald’s arches and have memories of childhood. Budweiser represents

Businesses Bet On Smaller African Countries As Nigeria, South Africa Cool Down

April 2, 20215 Businesses operating across Africa are looking for opportunities in other smaller countries on the continent as economies in the regions favorite investment destinations Nigeria and South Africa struggle to maintain a positive growth in the face of tough challenges. Multinational companies operating in the two largest economies, such as Shoprite, Distell, Diageo,

Nigerian Securities Rally For Eight Days On Historic Presidential Election

April 1, 2015 Nigerian stocks rallied for eighth straight day on Tuesday according to Bloomberg data as it emerged that opposition candidate Muhammadu Buhari had won the presidential election against the incumbent Goodluck Jonathan. Luck seems to have run out for Jonathan. He who ascended to power in 2010 as acting President after the then

Strong Demographics To Attract More Real Estate Investments To Africa

March 31, 2015 Knight Frank, a leading global property consultancy, said in its 2015 report that Africa’s rapid population increase coupled by a strong economic growth across several countries on the continent was building a formidable middle class that could prove too attractive for global real estate investors to ignore over the coming decade. According

Nigeria Registers Africa Best Bond Rally In March

March 27, 2015 Nigerian bonds rallied are the best performers in Africa in March after registering a 2 percent return this month the most among 31 emerging markets after Russia and the Dominican Republic, according to Bloomberg indexes. The rally could however be short lived as the Africa’s biggest economy slides towards junk status weighed

Nigeria Records Highest Cocoa Exports Of N131bn

March 26, 2015 The Nigeria Export Promotion Council (NEPC) said the country recorded the highest exportation of Cocoa and its products valued at N131.2 billion in 2014. This is contained in statistics made available to newsmen by the council on Wednesday in Abuja. The exportation of the products is part of the Federal Government’s plans

Tony Elumelu To Fund 1,000 African Startups In $100M Programme

March 25, 2015 Tony Elumelu, one of Africa’s richest persons according to Forbes, said on Monday that his foundation had selected its first batch of 1,000 African startups to be funded through a $100 million programme it launched last year. The small business  were selected from an application list of over 20,000 entrepreneurs from 52