In her debut novel Sin Tropez, Aita Ighodaro drew on her experience as a fashion model to explore the complex consequences that await three young women lured aboard a playboy’s super yacht by the intoxicating promise of easy money and wild excess.
When Naspers, the South African media conglomerate, launched its video-on-demand (VOD) service Showmax earlier this year, the assumption was this was an attempt at keeping out Netflix.
Japheth Omojuwa started blogging in 2009 with a simple goal: to make his opinions heard by the senators and governors that make up the top echelons of powers in Nigeria.
Private equity (PE) investors, lured by the potential for rapid growth offered by industries serving Africa’s young, fast growing populations, are beating a path to Nigeria in search of bargains.
With agriculture making up approximately 65% of Africa’s labour force and 35% of the continent’s GDP, the sector’s capacity to help realise major continental development priorities is beyond doubt.
Uzoma Dozie can remember when really effective marketing by banks took a different form.
As the epicentre of political life in Nigeria, the Hilton hotel in Abuja can usually be relied upon to reflect prevailing trends.
As well as being a professor of law, Nigeria’s new vice-president Yemi Osinbajo is a Christian pastor who preached at the same Evangelical church in Lagos as the new trade, investment and industry minister, Okechukwu Enelamah.
When Tayo Oviosu quit his job in the US technology sector to return to Nigeria in 2008, he was a man in search of an idea.
PricewaterhouseCoopers (PwC) projects Nigeria‘s hospitality market will grow signficantly in the next five years. Online hotel booking portals are benefiting. Among such portals is hotels.ng.
South Africa’s entertainment and media (E&M) market continues its run of double-digit year-on-year growth, recording an 11.5% rise to reach R112.7 billion in 2014.
Heavily reliant on coal-fired electricity, South Africa is launching ambitious new projects aimed at diversifying its energy sources and avoiding power cuts.
Ghana’s ruling National Democratic Congress (NDC) voted massively to affirm President John Mahama as its candidate for elections next year, setting the stage for a tight race between him and his main 2012 rival.
There has been a noticeable improvement in economic growth in Africa since the turn of the century, driven by an improvement in the business environment and investment climate, and a decrease in aggregate political risk.
“The first thing he asked was ‘Are you the one who said that you are the best drummer in this country?’ I laughed and told him, ‘I never said so.’ He asked me if I could play jazz and I said yes. He asked me if I could take solos and I said yes again.”
New data from PricewaterhouseCoopers (PwC) predicts that Nigeria can become a leading automotive hub in Africa by 2050 with an increase in local production and an expansion in new car markets.
When Aliko Dangote was building his business, running four cement trucks in Nigeria in the late 1970s, a relative gave him $750,000 to expand. Business was booming — there was a cement shortage — but instead of investing the money in the business, he gave it back.
Cheap smartphones could drive a data revolution in Africa, according to the CEO of one of Africa’s biggest cellphone operators.
Nigeria‘s capital city of Abuja is about to get a new heart: a brand new World Trade Center complex. The development is expected to open to the public early next year after the completion of the first phase of construction.
JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, which has improved significantly over the past decade, though it is not without its challenges.
Whether its Starbucks opening its first coffee store in sub-Saharan Africa next year, or fast-fashion retailer, H&M, opening its first African store in Cape Town, multinationals are lining up to cash in on the vast opportunities in Africa’s growing consumer goods market.
Nigeria is currently offering investors a unique long-term growth opportunity at a great value through the Global X MSCI Nigeria ETF (NGE).
Is there room at the inn? There might not be in some parts of Africa, but that is set to change.
Africa’s growing economies mean more people with disposable incomes and more eating out.
Nigeria’s new finance minister said raising non-oil revenues was her top priority, as the slump in oil prices continues to take its toll on Africa’s biggest crude exporter.
The race for South Africa’s top job is heating up.
Gary Steinberg will help CBO launch its first fund to support small West African businesses.
According to the IMF, a 1 percentage point decrease in China’s investment growth is associated with an average 0.6 percentage point decrease in Africa’s export growth rate.
African Business Angel Network (ABAN) will use Gust as an official platform for early stage investment activity.
Growthpoint Properties, South Africa’s largest REIT and a JSE ALSI Top 40 Index company, has entered a joint venture with Investec Asset Management, in partnership with the International Finance Corporation (IFC), to make real estate investments in several African markets outside of South Africa.
The BMW Group today reaffirmed its long term commitment to South Africa by announcing that it will invest a total of R6 billion at its Rosslyn Plant in Pretoria in the coming years.
Local African companies have gained a competitive edge on the continent over their multinational counterparts and are making inroads where overseas players once dominated, said a report released Tuesday.
Online taxi-hailing service Uber has agreed a 200 million rand ($14 million) deal with South African vehicle finance provider WesBank to rent cars to drivers who can’t afford to buy them, the companies said on Tuesday.
Stellenbosch University’s plan to drop Afrikaans as the language of instruction and teach in English has been warmly received, not only by students who are enrolled at the institution but by the rest of South Africa.
After more than seven months since he won election as president in Africa’s biggest economy, Muhammadu Buhari named his cabinet.
Over seven months after he was elected, President Buhari has finally sworn in his cabinet.
Nigerian President Muhammadu Buhari appointed former investment banker Kemi Adeosun as finance minister as he swore in his cabinet on Wednesday, more than seven months after he won the election that ushered in the first democratic handover of power in Africa’s biggest economy.