Business

Growth in Africa has outpaced most emerging markets in recent years, but that’s changing fast as a slew of problems beset its leading economies. Cheap oil, political uncertainty and weak banks are all to blame. Check also: Ecowas To Introduce Single Currency For Its Member States By 2020 Here’s what you need to know about sub-Saharan Africa’s big four economies! ...

Private equity firms are investment firms primarily created to buy shares in companies that are not listed on any stock exchange.[2]   They are made with the aim of acquiring ownership in these companies. In Africa, the sector has continued to attract both local and international investors. In 2014, private equity firms invested a total of $8.1 billion in companies ...

Dangote Cement, Africa’s largest cement producer which is controlled by Nigerian billionaire Aliko Dangote, on Sunday began the construction of a new $1 billion cement factory in Okpella, Edo state, in Nigeria’s southern region. Check also: Dangote is now richer than Trump, Oprah and Abramovich all together, according to forbes According to a report by Leadership newspapers, the new 6 ...

Entrepreneurs according to a report by the Center for American Progress, women of color “are a principal force behind one of the most important components of America’s current marketplace and our nation’s future economy: entrepreneurship.” Specifically,[3] from 1997 to 2013 women-owned firms grew by 59 percent overall and African American women-owned firms grew by 258 percent! Sisters are definitely doing ...

British colonialists would travel from the countryside to watch planes take off in Nairobi. Back in 1945, then British territory and Colonial Office had set up the East African Airways Corp. with a budget of just 50,000 pounds. Flight technology was new and exciting an elite toy operated by the colonial overlords of Kenya, Uganda and Tanganyika, now Tanzania. Check ...