Why I Left KPMG to Become a Fashion Entrepreneur – Tope Williams-Adewumi
March 17, 2015 In a daring and quite risky move that typifies the entrepreneur, Tope Williams-Adewunmi resigned from a promising career in KPMG to spend three long years in fashion school, and the rest, as they say is history. Mrs Adewunmi has carved a name for herself in the Nigerian fashion industry. Like a star,
Oil & Gas Africa: Struggling Nigeria’s Afren May Turn To Beijing
March 16, 2015 As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all the usual complications of international trade and investment compounded by the problems inherent in a developing, emergent continental market consisting of 54 countries and 1.1 billion people –
Apple Inc. Buys Nigerian Born Chinedu Echeruo’s Hopstop.com For $1 Billion
March 6, 2015 Apple has acquired Chinedu Echeruo’s HopStop.com, The Wall Street Journal’s publication, AllThingsDigital reports. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities and that helps people get directions or find nearby subway stations and bus stops. Terms of the deal have not been disclosed
African Trade Could Take A Serious Hit If The U.S. Abandons Its Trade Pact With The Continent
March 6, 2015 Arguably, one of the factors responsible for Africa’s improved trading over the past decade has been the Africa Growth and Opportunity Act (AGOA), a piece of legislation that was approved by the U.S Congress in May 2000. It was granted to assist the economies of sub-Saharan Africa grow economic relations with the
How To Build A Multi Million Dollar Online Business In Nigeria
March 5, 2015 I was chatting with a colleague, as we drove to Jumia’s Lagos corporate office, when he asked rhetorically: “Why would JP Morgan be so interested in a 5 month old Nigerian startup as to invest millions in it?” Well, I was eager to know too. Africa, home to six of the world’s
Traditional Markets Still Trump Formal Retail Outlets In Africa
March 5, 2015 Large retail supermarkets such as Woolworths, Shoprite and Carrefour are investing heavily in Africa, but traditional markets will continue to be the dominant choice for consumers for a while, according to a report by U.S. research group Nielsen. Nielsen tracks retail sales in 14 sub-Saharan countries where traditional grocery stores account for about 50 percent of consumer goods spending. There are more
Why Africa may be on the verge of an Internet boom
March 5, 2015 A string of startups aimed at the Nigerian market have attracted huge VC backing, and many believe their success could spur on the region. At a processing center outside of Portland, Oregon, Christine Wigham preps boxes of Brooks Brothers dress shoes and Macy’s M -0.91% handbags for shipment to Nigeria. She is
Five Youths Hoping to be Named Africa’s Top Young Entrepreneur for 2015
March 3, 2015 It has been less than a week since the announcement that entries are open for the premier award for Africa’s youngest entrepreneurs, the Anzisha Prize. The response has been encouraging. Over $75,000 in cash prizes will be shared among 12 of the continent’s most exciting social and business entrepreneurs between the ages
8 Things You Should Avoid if You Plan to Remain Successful
March 2, 2015 Having a to-do-list will ensure huge returns in terms of personal well-being, productivity and better relationships. However there are certain things you should make a conscious effort to avoid in order to be successful. Contributing Editor Inc. Magazine and LinkedIn Influencer, Jeff Haden highlighted eight things you should promise yourself you avoid
How To Succeed In The African Market
March 2, 2015 Want to do successful business with Africa? Here are some tips to help you do just that… Finding the right customers in the African market can be a time-consuming process. Being such a large continent, with as many as 53 countries, marketing one’s products and services in African markets is indeed a