For our family, it’s the homecoming routine. I pull up to the house and my son flies out of the car to inspect the box or two on our front stairs. Santa only delivers once […]Read More ..
While Africa’s 2015 GDP is down 1.2% from 4.6% in 2014, it is still among thefastest growing regions in world. As a continent with a population of over1.2B people, massive commodity repositories – 1/10th of the world’s oil, […]Read More ..
THE Africa Rising narrative is holding strong in the continent’s hospitality sector, particularly in Nigeria and Angola, despite the contraction in these economies due to the lower oil price. Global and domestic hotel chains have […]Read More ..
U.S. drug giant Johnson & Johnson jnj is expanding its business and R&D presence in Africa, a key emerging market that the company believes will buttress sales of its medications over time. On Wednesday, J&J […]Read More ..
Senegalese-American superstar rapper and businessman Akon visited the Middle East recently, trying to get financing for his business, Akon Lighting Africa. Akon’s goal is to bring solar lighting to rural Africa. He grew up in a […]Read More ..
As an Africa business coach and consultant I have the pleasure of wandering through African business news and related success stories as part of my job. And once in a while, you stumble across a […]Read More ..
Women in Africa are creating opportunities for themselves and giving back to communities and that is what makes women entrepreneurs in Africa different, says Melanie Hawken, Founder of Lionesses of Africa. Rwanda was recently voted […]Read More ..
As the rest see difficulties, bullish African business chiefs are snapping up deals—and it’s not just about resources
Aliko Dangote, speaking at the Africa CEO Forum in Abidjan, March 21, 2016. Dangote is aggressively expanding his business empire in Nigeria, to set up a $14 billion oil refinery in Nigeria. Despite Africa’s recent […]Read More ..
You’ve seen the headlines, you’ve heard the news: Africa is a hot economic commodity. “It’s the next China or Dubai,” you say over the water cooler at work. “But isn’t it unstable and unsafe?” a co-worker […]Read More ..
It’s no secret: Africa is a continent that is being touted by experts, residents, and media alike as a more-than-emerging, enterprise gold mine. Though the challenges of infrastructure, corruption, and terrorism are still present, […]Read More ..
DESPITE the decline in growth, Africa’s long-term outlook as a consumer market remains positive, says an inaugural report on retail and consumer businesses by professional services network PwC. Gross domestic product (GDP) growth, population growth […]Read More ..
Leading business magazine, Forbes Africa is set to launch the first global TV platform, Forbes Africa TV. Forbes Africa is launching its first ever TV platform with flagship show “My Worst Day”, anchored by award […]Read More ..
Naspers Ltd., Africa’s largest company by market value, said fiscal full-year profit growth will be held back by depressed sub-Saharan economies, where consumers are struggling to pay for extras like online movies and TV. Best […]Read More ..
Kenya’s biggest bank, Equity Bank, has declared interest in buying parts of Barclays Africa’s operations. Chief Executive Officer of the bank, James Mwangi told Reuters on Tuesday he saw potential acquisition opportunities following Barclays’ decision […]Read More ..
A group of investors, meeting at a recent Africa Business Angel Forum, announced that they plan to invest a combined $60 million to help scale up African startups. Reewire, a fund founded by Neils […]Read More ..
Founder and CEO of the Dangote Group Aliko Dangote commands a fortune of $14.3 billion. The 50 richest people on earth There’s only one person in all of Africa who makes the list of the 50 richest […]Read More ..
Africa’s biggest economies have been hammered by the collapse in commodity prices over the past 18 months but there are still investment bright spots to be found. In cities such as Addis Ababa, Lagos, Nairobi, […]Read More ..
Africa’s largest media company, Nasper’s, has plans to expand its new video streaming service to North America, Europe, and Asia, according to Bloomberg. The service, called “Showmax,” is a Netflix competitor that will offer not only […]Read More ..
Dozens of businessmen from Cameroon continued meeting Wednesday in Istanbul as part of a three-day summit aimed at strengthening cooperation between Turkish and African corporations. Turkey’s industries have eyed the continent in an effort to expand their economic reach at a […]Read More ..
Finnish network equipment maker Nokia remains upbeat about its growth prospects in Africa despite a slowdown in many of the continent’s fastest-growing economies, a senior company executive said on Thursday. Nokia, which sold its […]Read More ..
Nigerian Pastor David Oyedepo in his jet. Photo: osundefender.org, Encomium Magazine The African business jet fleet has grown to 524 aircraft in 50 years and the last 15 years saw the fastest growth but there was a slowdown […]Read More ..
Uganda is seeing its first grid-connected plant. French PV company EREN Renewable Energy and developer Access Infra Africa, a subsidiary of Access Power, have begun construction of a 10MW solar PV plant in Uganda, which […]Read More ..
Connect, network and meet the right people to make your business grow in Africa. Join AfricaBusinessForum.com at our bi-annual high profile Forum that aims to bring together Business professionals, CEO’s, Entrepreneurs, Govt officials, Exporters, Buyers […]Read More ..
Heril Bangera, CEO of Flame Tree Group In every other household in Kenya’s capital Nairobi, be it in a wealthy suburb or an informal settlement, one is bound to find a water storage tank. Most schools, hospitals, […]Read More ..