12 African Fashion Events That Attract Big Business
Events and festivals dedicated to African fashion are popping up all over the world. More manufacturers, designers and markets are recognizing that consumers want African designs, and these events are well attended. They’re creating opportunities for the fashion industries in Africa and the African diaspora. Some of the events help locals break into the commercial world of fashion,
How African companies are taking business away from multinationals
A number of multinational companies have in recent years entered the African market seeking growth opportunities. The likes of Nestlé, Unilever and Coca-Cola, that have a longer history with the continent, have also been making additional investments and expanding their reach. But these multinationals’ ambitions to tap into Africa’s growth are not going unchallenged as
The truth about Africa’s rising middle class
Opinion on Africa’s middle class opportunity is divided. Earlier this year, Nestlé announced its disappointment with the scale and growth of Africa’s middle class, and cut its regional workforce by 15%. Only a few months later, however, AB InBev’s takeover of SABMiller – one of the largest proposed corporate takeovers ever of a UK-listed entity
Nine reasons why doing business in Rwanda is a smart strategy
Many decisions for market entry in Africa are made on the basis of market size. Some decision-makers will consider market maturity, level of local infrastructure development, or certain business links they have already established in a certain market prior to entry. As a result, Rwanda is often overlooked as a profitable and viable option. Indeed,
3 NIGERIAN STATISTICIANS TELL US WHAT AFRICA NEEDS AS WE MARK AFRICAN STATISTICS DAY
On the 18th of November every year since 1990, the continent has celebrated the African Statistics Day (ASD) in honor of statistics. According to the Africa Centre for Statistics, under the United Nations Economic Commission for Africa (UNECA), this day is also memorialized in order to increase awareness about the important role statistics plays in all aspects of social and economic
FORD’S FIRST MADE-IN-NIGERIA VEHICLE IS SET TO CREATE EMPLOYMENT OPPORTUNITIES IN LAGOS
Following an earlier announcement that the automaker will start producing the Ford Ranger pickup truck in Nigeria, yesterday, Ford announced that the company has produced its very first made-in-Nigeria vehicle. This is the first of its kind in the country.The vehicle was produced at a Coscharis Motors Limited assembling plant in Ikeja, Lagos state. Ford
DC app to facilitate business with 10 Africa markets
The Dubai Chamber of Commerce and Industry has updated the Africa Gateway – its Smart Application launched last year – to include four more African markets, taking the total to 10 countries. Launched alongside the Africa Global Business Forum 2015, held at Atlantis the Palm in Dubai, the updated application is already available from both
Ghana, Nigeria to collaborate on West Africa’s energy challenges – Scientist
Research Scientists in Ghana and Nigeria are to form a stronger collaboration to identify solutions to West Africa’s energy challenges, Dr. Chuks Diji, Head of Mechanical Engineering Department, University of Ibadan has hinted. Dr. Diji gave the hint last Thursday at the opening of a three-day international hydropower energy conference jointly organised by the Department
101 Ways To Make Money in Africa – Business Ideas and Success Stories That Will Inspire the Entrepreneur in You!
Africa is a land of amazing business opportunities. The success stories in this article prove there are many ways to make money in Africa. But Africa is classified as a poor continent. How can it be? Everywhere you look, there are opportunities to make money that don’t even exist or are easily overlooked in other parts of
How To Make Money From The Leasing Business in Africa, and The Top 5 Most Leased Items on the Continent.
The leasing business in Africa is a promising opportunity with strong prospects on the continent. I have a friend who owns a small but successful construction company. He has completed several real estate and civil construction projects including roads, family homes and office blocks. I had an interesting chat with him the other day and