The Nigerian Presidential Elections 2015: Results So far…
March 30, 2015 Below are the results of the Nigerian Presidential Elections which took place on March 28th, 2015. EKITI STATE AA:94 ACPN: 534 APC:120,331 CPP:330 HDP:94 KOWA:108 NCP:377 PDP:176,466 PPN:388 UDP:60 UPP:145 OGUN STATE AA:584 AD:1,927 ACPN:3072 ADC:1364 APA:1930 APC:308,290 CPP:978 HOPE:332 KOWA:432 NCP:815 PDP:207,950 PPN:4,339 UDP:562 UPP:597” ENUGU STATE Enugu AA:433 AD:269
Nigerian SME’s need more than finance
March 30, 2015 This week Nigeria’s President Goodluck Jonathan launched the country’s first Development Bank. Despite having a number of infrastructural projects in the pipeline and very little funds reserved for capital expenditure in 2015, the lender has been handed a mandate of promoting the expansion of Micro, Small and Medium Enterprises (MSME) within the West African economic powerhouse.
US warns Westerners may be targeted in Uganda’s capital
March 26, 2015 The US embassy in Uganda has warned that Westerners – including Americans – may be targeted for “terrorist” attacks in the capital Kampala. It said it had “received information of possible threats” at city locations where Western nationals gather. Uganda’s government said the US had warned of a possible suicide bomber trying
The Future Of Africa’s Private Equity Space Is Increasingly Female
March 25, 2015 Private equity is historically a male-dominated field, and historically, Africa’s local industry has been no different. “Management roles for women in private equity are low in Africa,” Cindy Valentine, a partner at King and Wood Mallesons and African private equity advisory veteran, told AFKInsider, “Asia has historically had the highest percentage of
Sure-P is shutting down, but will it be missed?
March 22, 2015 The Nigerian government yesterday announced a 2 percent drop in revenue for the month of February, from N410 billion in January to N401.5 billion this month. Jonah Otunla, the Accountant General of the Federation blamed the drop on lower oil, gas and other revenues. The lower revenue meant that the Federation Accounts Allocation
Spotlight On 5 Female African Entrepreneurs In The Diaspora
March 20, 2015 Female African entrepreneurs in the diaspora are promoting change back home. They’re mentoring other African women, supporting startups, and championing philanthropic causes. AFKInsider is shining a spotlight on five inspiring and influential U.S.-based female African executives and entrepreneurs in the diaspora. All were recently featured LadyBrilleMagazine, but they also show up in numerous other publications including Entrepreneur and Forbes. “These
Let’s not fool ourselves. We may not bribe, but corruption is rife in Britain George Monbiot George Monbiot
It just doesn’t compute. Almost every day the news is filled with stories that look to me like corruption. Yet on Transparency International’s corruption index Britain is ranked 14th out of 177 nations, suggesting that it’s one of the best-run nations on Earth. Either all but 13 countries are spectacularly corrupt or there’s something wrong
What’s The State Of Marketing In Africa? It’s All About Local vs. Global
March 19, 2015 Brands in Africa suffer from lack of reliable data, infrastructure and investment, and African solutions will likely be more effective than Western approaches in overcoming these and other advertising and marketing challenges, according to new research by the World Federation of Advertisers. The federation based its conclusions on the state of marketing in Africa on 82 responses
Africa’s Importation of Heavy Weaponry Grew by 45% Over the last 10 years
March 18, 2015 Arms imports by African countries have increased by 45 percent between 2005 and 2014 says a report released by the Stockholm International Peace Research Institute (SIPRI). Algeria, Morocco and Sudan were the largest importers of arms on the African continent between 2010 and 2014 with 30 percent, 26 percent, and 6 percent
Switzerland to return Sani Abacha ‘loot’ to Nigeria
March 18, 2015 Switzerland will return to Nigeria some $380m (£260m) allegedly looted by ex-military ruler Sani Abacha, an official has said. The transfer, to be conducted under the supervision of the World Bank, will end a 16-year case against the Abacha family. Switzerland has already returned $700m, following appeals from Nigeria. Abacha ruled the