The East African countries of Kenya, Tanzania and Uganda “present robust opportunities for diesel genset suppliers”, according to a new report from market research company Frost & Sullivan.
German wind turbine manufacturer Nordex has acquired a 111MW deal to supply turbines to Enel Green Power wind farm in South Africa.
In line with Sub-Saharan Africa's (SSA) projected economic growth of 4.9%(1) this year, which is double the projection for advanced economies (2.4%)(2), DHL SSA
MTN Group’s efforts to advance social development in its markets through the integration of sustainable business practices into day-to-day activities, is yielding positive outcomes.
Standard Chartered has today announced the appointment of Dr Michael Gorriz as Group Chief Information Officer.
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.