Green Investment Bank (GIB) on Thursday announced a pilot project to fund overseas ventures in renewable energy sector to the tune of 200 million pounds (approximately Rs 1,800 crore) in India, South Africa and east African nations.
The New Partnership for Africa Development (NEPAD) has launched the Youth Employment and Women in Agribusiness Programmes
The Middle East/Africa region reported positive year-over-year results in two of the three major performance metrics during February 2015 when reported in U.S. dollars, according to data compiled by STR Global.
PHASE3 Telecom, West Africa’s largest independent fibre optic infrastructure and telecommunications services provider has announced plans to commence the deployment of aerial fiber optic infrastructure from Kano in Nigeria to Gazaoua in the Republic of Niger.
United Bank for Africa (UBA) Plc has released 2014 full year audited results showing that consolidation of its African operations and enhanced productivity across the group are sustaining the Bank’s growth momentum.
Zimkhitha Mqutheni is MD of Ukhanyiso Communications, Cape Town, South Africa. She also runs a Young Business Leaders Discussion Forum which brings together young entrepreneurs, the Western Cape Government, Transformation and BEE managers and financial institutions that fund small businesses to discuss the challenges faced by young entrepreneurs.
This was the bold heading of an article released in May of 2000 by ‘The Economist’.
The letter told of “floods in Mozambique; threats of famine in Ethiopia (again); mass murder in Uganda; the implosion of Sierra Leone; and a string of wars across the continent.” It went on to say that the new millennium has brought more disaster than hope to Africa.
A seasoned Nigerian businessman and I had a lengthy discussion about the potential merits of an uncertain, expensive investment but possibly lucrative opportunity in a distant country. He seemed excited about the foreign opportunity. Later, I composed and emailed the following parable:
Working with businesses in Nigeria has provided me with a unique opportunity to think about marketing from a different perspective. I’ve picked up quite a few insights and learned a lot along the way.Most Nigerian businesses that I work with believe that you have to spend big bucks to market your business. This is not true! There are plenty of cost affective marketing tactics that you can put in place that won’t blow your budget.
Alfred Loua is Founder of MBCAfrica, Ivory Coast. A certified sales and negotiation consultant from CEGOS International, he is also currently a candidate within the Financial Analyst Specialist Certification (FASC) and the Certified Financial Modeling Specialist (CFMS) program from Finance Training Society Portland, Oregon.
Africa Business Communities speaks with him.