South Africa’s MTN $5.2B Fine In Nigeria Becomes A Diplomatic Issue
Presidents of Africa’s two largest economies, Nigeria and South Africa, are set to meet this week to deliberate over the $5.2 billion fine hanging over the continent largest mobile operator, MTN Group. According to Sunday Times, Nigeria’s President Muhammadu Buhari will meet with his South African counterpart, President Jacob Zuma, during the second China-Africa Co-operation
How Will The World Look With Vastly More Africans In It?
According to the World Bank, one in every three people walking on earth in the year 2050 will be an African. The bank estimated that by that time about 2.5 billion people will be Africans, making them double the current populations size and 25 percent of the world’s total. Africa’s cities are expected to grow
How To Set The Best Price For Your Product: 5 Pricing Strategies Every Entrepreneur Should Know
One of the secrets to business success is knowing how to set the best price for your product or service. If you set your price too high, you may scare away customers and favour your competition. If your price is too low, you may be losing profits and running your business at a loss. Is there
The Nanny Problems In Africa: A Lucrative Business Opportunity Waiting To Be Exploited?
Entrepreneurship is about solving real problems that people face in their lives. The more difficult the problems you can solve, the greater the rewards you’ll get from the market. Africa’s nanny problem is one of those huge problems that parents across the continent are desperate to solve. Nannies take care of children and provide this
What You’ll Pay For Fine Dining In 12 African Cities
Traveling can get expensive for a foodie. In many cities, you’ll have to make up for the money you spend on high-end meals by staying in hostels. That’s why Africa might be an appealing choice for those who want the steak dinners and the fluffed pillows. Here’s a look at what you’ll pay for fine dining in 12 African
The African Designer Who Doesn’t Want To Use Africa As A ‘Gimmick’
Fashion designer Chi Atanga is comfortable with an identity as a global African. Based in Portugal and Cameroonian-British by background, he is currently in the U.S. looking for investment and sounding out potential markets. African-American communities are emerging consumers of music, movies and fashion from the continent, he says, and he hopes to ride the
PUTTING INNOVATION IN AFRICAN LOGISTICS AT THE CENTRE OF REGIONAL ECONOMIC GROWTH
During recent years, the African story has been built around oil, mining and the sale of commodities; as well as foreign direct investment from global businesses, institutional and sovereign investors. Underpinning this has been a hidden but growing logistics sector, forming the backbone for industrial development and becoming a fast-growing industry in itself. Economic growth
#MALIATTACKS: TWO SUSPECTS HAVE BEEN ARRESTED
Mali authorities have arrested two people linked to the attack on Radisson Blu hotel in Bamako, the security ministry said. “There are two suspects arrested,” said Amadou Sangho, a spokesman for the ministry, without naming them. It was reported that the suspects were brought in for interrogation after a lead was discovered in one of the
7 Millionaires Who Fell Off The Forbes 50-Richest-Africans List
Seven people from Forbes’ 2014 list of Africa’s 50 Richest fell off the list in 2015, so to speak. “Poor” is a very strong word. Stock drops, sinking oil prices and downward-facing currencies were among the culprits for some of Africa’s richest getting a little less rich, Forbes reports. In fact, even the wealthiest on the continent who are
Yoruba Speakers In High Demand In London’s Luxury Markets
As wealth gets more evenly distributed across the world, Africa is following in China’s footsteps as a major source of luxury spending power. Nigerian tourists became the fifth biggest spenders in London in 2014 with a 50 percent increase in spending compared to 2013. Staff with a grasp of Yoruba are in high demand. The