18 Jobs In Africa That Pay Women More Than Men

Women — if you’re waiting for the wage gap to close any time soon, don’t holdYOUR breath. Yes, the gap is getting smaller. But very, very slowly, CNNMoney reports. In the U.S., the U.S. Census tracks earnings for men and women working full time in hundreds of occupations from chief executives to farmers. Across the board,

Customers Storm Banks For BVN Enrollment As Deadline Approaches

With less than a week to the deadline of the enrollment for the Bank Verification Number (BVN), hoards of customers in Makurdi have on Monday besieged their banks to enroll for the exercise. According to the News Agency of Nigeria (NAN), while many customers had done their registration, a good number of them were yet

More Black Entrepreneurs Launching Tech Startups In South Africa – Survey

More black entrepreneurs are launching tech startups in South Africa but few of these new businesses are making a profit or attracting venture capital investors, according to a new Survey conducted by Ventureburn on the “true picture of SA’s startups landscape”. The survey, which sampled 200 startups in South Africa, defines a tech startup as

Ethiopia: Largest Country In The World Without A Stock Exchange

Ethiopia, population 88 million, is the largest country in the world without a stock exchange, according to Sreepada Hegde, a lecturer at Ethiopia’s Madawalabu University. Frontier market investors with a focus on public equities like to keep an eye out on which countries are about to launch new stock exchanges as they usually represent promising investment

Africa’s Richest Man Gets Out Of His Comfort Zone To Invest In Asia

June 21, 2015 Aliko Dangote, Africa’s richest man according to Forbes, is planning to expand his cement business in to Asia by building a factory in Nepal, a country that was hit by a devastating earthquake in April. In an interview with Bloomberg, Dangote said his company, Dangote Cement, is in the last stages of

THE CLICHÉS OF BEING A LAGOS ENTREPRENEUR

June 18, 2015 Entrepreneurs have a common DNA: finding ways to make their business dreams become a reality. But societies and cultures tend to nurture certain distinctive clichés. In Lagos, Nigeria’s commercial hub, the environment is tough, forcing business owners to toughen up and utilize the opportunities buried in the chaos of the city. Lagos embodies

Why US Retail Giant Wal-Mart Still Wants A Piece Of The Kenyan Market

June 18, 2015 Even as Walmart raced to open its first store in Kenya, there were snags. The retailer was forced to import the trademark bright magenta ink that adorns its brash price offers and doorway décor because nobody in the country could produce it. It was one of several obstacles the world’s largest retailer has run

Why investors shouldn’t always ignore fragile states

June 17, 2015 Africa is experiencing fewer wars than it did two decades ago but conflict, insecurity and the fragility of states is still a major concern for business. Politically motivated instability can be seen in countries like Burundi, South Sudan, Mali, eastern DRC, Libya and Somalia, while Nigeria and Kenya are dealing with terrorist activities.

WHAT COULD HAPPEN IF NIGERIA IS EJECTED FROM THE JP MORGAN INDEX

June 17, 2015 JPMorgan has threatened to remove Nigeria from its Government Bond Index-Emerging Markets (GBI-EM) by the end of 2015 unless the Central Bank of Nigeria (CBN) restores liquidity to the foreign exchange market. “The key focus will be on consistency and observing a reliable record of liquidity, transparency and minimal hurdles for investors

OBASANJO’S MONUMENTAL CORRUPTION EXPOSED – The News Magazine

On 16 May, 13 days to the end of his tenure, Obasanjo announced to the Federal Executive Council, FEC, the award of contracts worth N756 billion. That proposal sailed through the council like a greased pig in a slaughter house. As Frank Nweke, then minister of Information, explained, N70 billion of this would be for