Why Rihanna’s Fenty Beauty is expanding into Africa

Fenty’s planned launch in Africa is perceived as a reaction to the growth of the continent’s beauty and personal care industry which is now valued at over $12 billion. Latest figures show the market could reach $14 billion in 2022, oiled by a steady rise in disposable incomes among the continent’s middle class. The original

Ghana, S/Leone, others marvel at Nigeria’s scrabble prowess – The Sun Nigeria

Nigeria’s superlative performance at the West Africa Scrabble Championships was resoundingly applauded by hosts Ghana who showered encomiums on the high level of the game in the country. Sierra Leone and Gambia also featured at the inaugural edition of the championship and were awed by Nigeria’s spellbinding display. Charles Tatchi, who was the best placed

Doing Business In Nigeria Conference 2022 Ends Successfully

On other keys for businesses to excel, Onwanibe said that consistency is very important. More so, one must be principled, resilient, good, and honest. He added, “Whatever situation you are in, you are in it, you have to figure out how to come out of it. Quality is remembered long after price is forgotten.” As

6 African countries with the highest unemployment rates

Investopedia defines unemployment as “a situation when a person who is actively searching for employment is unable to find work. Unemployment is considered to be a key measure of the health of the economy. The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number

The AYO Scaling Africa Series Challenge 2022 for South Africa Technopreneurs.

Application Deadline: June 30, 2022 AYO Technology Solutions is a technology investment company with a focus on disruptive solutions that advance life, business and economics and a vision to create Africa’s own tech giant.  This year, AYO presents the first ever: Scaling Africa Series challenge to empower South Africa’s Technopreneurs. In collaboration with the SA Innovation Summit,

Nigeria considers implementing LID for cocoa farmers

Nigeria has expressed interest in implementing a Living Income Differential of $400 on every tonne of cocoa beans sold to enhance farmers’ benefit, joining Ghana and Cote d’lvoire on course. Abdullahi Abubakar, Director for Nigeria’s Federal Ministry of Agriculture and Rural Development, who led a team to the Ghana Cocoa Board, said the move would

Phiona Okumu: At Spotify, the artist is at the heart of what we do

Overall, it has been a positive first year, and Okumu admits to being “completely enamoured by the excitement her company has enjoyed”, despite waiting more than three years since Spotify first arrived on the continent to bring the service to the Afrobeats headquarters of Ghana and Nigeria. “I’m just relieved to see what we took the time that

Ghana has highest interest rates among top 11 African countries – Report

New data shows that Ghana presently has the highest interest rates among top 11 African countries. According to Databank Weekly Fixed Income Update, the country’s 18.23% and 19.26% rates for the 91-day and 182-day Treasury bills respectively are the highest on the continent. The Treasury bill rates in the country are however lower than the