“We have to give more attention and support to emerging African entrepreneurs, if the continent’s poverty, inequality and unemployment challenges are to be addressed.”
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.
Though the story line on Africa has progressed – it is no longer about “saving” Africa, but how best to promote investments in Africa – there is still work to be done to tackle inaccurate information about Africa that persists in mainstream media.
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
Africa Finance Corporation announces that Dr Sarah Alade, its Chairman, representing the Central Bank of Nigeria, from which she officially retired on 22 March, 2017, has also stepped down from her position as Chairman of the AFC Board of Directors with effect from today.
Korede Ologun of Helix Securities Limited interviews with Africa Business Communities on past and present economic situation in Nigeria:
Community-based financial solidarity and fundraising are an integral part of the African culture and traditions. Across Africa, communities are accustomed to pooling funds to support various charity-focused, social and economic local projects.
The President of Dangote Group, Aliko Dangote has assured that despite the current economic challenges, he will continue to scale up the value of his investments not only in Nigeria but also across the entire continent.
Lagos-based real estate classifieds start-up ToLet.com.ng today has raised a $1.2 million Series A round of funding from Frontier Digital Ventures.
At separate bilateral meetings on the sidelines of the ongoing 71st United Nations General Assembly in New York, United States of America, the Nigerian leader welcomed more investment and economic partnerships.