As one of the most regulated industries in the world, banks are under pressure to not only comply with constantly changing regulations but also to modernise their systems.
In 2017, Nigeria’s Gross Domestic Product (GDP) growth was 0.83% (compared to a decline of 1.58% in 2016). In the second quarter of 2017, the country officially emerged from a recession which had lasted about a year.
The Women Elite Sports Empowerment Initiative (WESIE) was founded in 2012 by British/Nigerian Funke E. Adeniji, who began playing basketball in her teens, working her way up from collegiate level basketball in the UK to division 1, the UK’s premiere league for women.
StartCredits is a Nigerian financial technology startup that is redefining borrowing by offering competitive terms that reduce interest rates while advancing transparency.
BeepTool Communications, a Nigerian fintech and VoIP company has been positioning itself to change the landscape of mobile communication and connectivity inclusion in Sub-Saharan Africa by offering low cost ICT solutions to remote areas that have traditionally been locked out of conventional network coverage.
International money transfers to Africa are rising. There are good reasons for that. With the choice of the right online money transfer provider you can save yourself a high amount of remittance fees!
Olalekan Akinseye runs a clothing entity in Nigeria that is tapping the evolving nature of fashion and the apparel industry to champion the war on cancer. He spoke to Africa Business Communities about the milestones and ambitions of the venture.
Ibijoke Maxwell is the Nigerian/British host of the Jo Maxwell Show, a show designed to give exposure to the African community in the UK media.
2017 had its ups and downs and the power sector was no exception. The year started with a generally low mood in terms of the quantum of power generation available for distribution from none to a peak of 5,222MW on 18th of December, 2017.
Babafemi Awofala is a professional with experience in advising companies and governments on private investments in energy, real estate and infrastructure, including structuring and executing mergers and acquisitions.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
Utibe Uko has his mind and eyes set on luring more youth into farming through his enterprise UniQuest Farms & Innovations Centre that besides working in vegetable cultivation, is partnering with young people in Nigeria through Agribusiness Cooperative Development.
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going security concerns are among the key risks for businesses operating in the region.
Tobi Oludayomi has for the last five years built from ground up, Studio 14 into a powerhouse that now works with high profile clients across Western and the West African market.
Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers, modern trade formats like Supermarkets and Hypermarkets are stepping up to fulfil the needs of consumers.
Oladunmade Otitoola, an entrepreneur and beneficiary of the Tony Elumelu Entrepreneurship Program in 2016, is founder of RentYourHall, Nigeria. Africa Business Communities poses him some questions on development of the startup.
Africa is a place of real business opportunity that the world should be alive to. I know, having built businesses that now operate in 20 African countries and through creating a program over 10 years that is funding and mentoring 10,000 African entrepreneurs.
As more financial service providers adopt machine-to-machine (M2M) solutions, it is becoming ever more apparent that these solutions are vital to economic inclusivity and innovation on the African continent.
Hajiya Sa'adatu Abdullahi is a Nigerian entrepreneur and founder Business Networking Women, an organization operating in the country's capital, Abuja. Africa Business Communities interviews her:
Tope Hassan is known as an African Tourist, bootstrapping through African nations to discover African Brands & Entrepreneurs. She founded ISOKO Africa a year ago as a dedicated media outlet for African brands.