Bloomberg’s Former Head Of Mobile Oke Okaro On How Smartphones Will Fuel Innovation In Africa
April 13, 2015 Nigerian-born Oke Okaro, 41, is a product visionary, award winning technologist and pioneer in the U.S. mobile and connected devices industry. Okaro has been at the forefront of the U.S. mobile data/content industry since 2001 when he worked on the first wave of mobile apps in the U.S. and the rollout of
Flow Of Fuels To West Africa Expected To Slow After Nigerian Election
April 12, 2015 The biggest flow of fuels including gasoline to West Africa from Europe in at least three years is poised to slow as demand ebbs after Nigeria’s presidential elections. Oil traders booked tankers to haul an average of 514,000 metric tons of fuels a week to West Africa this year, according to lists
10 Weird Business Ideas That Made Millionaires
April 10, 2015 These multi-billion dollar businesses might make you think twice about those “crazy” ideas you threw away. Online dating for married people You might have heard whispers of AshleyMadison.com. What sets this site apart from OkCupid and EHarmony is it only accepts married people, or people looking to date married people. The site’s
In Pictures: Nigeria’s Eko Atlantic Mega City Takes Shape Two Years On
April 10, 2015 In February 2013, Nigeria broke ground on one of largest property project on the continent, the Eko Atlantic mega city. Two years on the city is ready to house its second 26-story building, while other structures are on different stages of completion. The city, expected to sit on a reclaimed 5 million
Is Zimbabwe Any Good For Business? 150 Companies Say No
April 10, 2015 In 2014, 150 companies in Zimbabwe were placed under curatorship and leaving nearly 4,000 workers without jobs as the country’s economy suffered from post sanction effects from western powers and bad politics locally. The Reserve Bank of Zimbabwe further said that there are more “companies in distress” meaning more businesses could close or
Foreign Investors Stall Nigeria’s Bond Rally On Naira Devaluation Concerns
April 9, 2015 Nigeria’s post-election bond rally is stalling as foreign investors wait for a devaluation of the naira before buying the nation’s debt. Yields on benchmark naira bonds due March 2024 have climbed 61 basis points in the past three days after plunging 118 basis points on April 2, the day after Muhammadu Buhari
7 Common Mistakes Young Entrepreneurs Make and How To Avoid Them
April 8, 2015 In today’s tough economic times, it is a good idea to start a business and become your own boss instead of searching for dream jobs you might never find. As a young and upcoming entrepreneur, you will be full of zeal and spirit and will always be willing to do everything possible
Nigeria Attracted Nearly $4B In Real Estate Development In 2014
April 8, 2015 Nigeria attracted $3.96 billion (about N780.12 billion) on real estate development in 2014, which is 11 percent of the total sum of $36.4 billion expended on infrastructure construction projects in the country. Data recently released by Deloitte African Construction Trends report placed Nigeria at the top of West African countries in major
South African SMEs are under pressure to use tech more effectively
April 6, 2015 South African SMEs are under growing pressure to use technology in more sophisticated ways to meet the expectations of their customers, reduce costs, and stay ahead of growing regulatory and tax compliance demands. That’s according to Daryl Blundell, General Manager for Sage Pastel Accounting, who says that it’s more important than ever
6 Reasons Why You Should Start a Business in Nigeria Today
April 6, 2015 1. Now Nigeria still remains a hub for most entrepreneurs and investors. In fact, Nigeria is now the largest economy in Africa, the number one destination for Foreign Direct Investment in Africa and one of the fastest growing economies in the world. That’s why South African and Chinese companies are scrambling to