Consumer Durables & Apparel News

eBay and MallForAfrica partner to sell African products in the US

eBay and MallForAfrica partner to sell African products in the US

Americans can now buy African goods on eBay through the company’s partnership with MallforAfrica.com.

Invest in This Walmart of Africa?

Invest in This Walmart of Africa?

The Wall Street Journal recently featured Walmart’s operations in Africa. The article revealed that Walmart had a $2.4 billion stake in South African retailer Massmart going back to 2011.

Christoffel Wiese is a South African businessman and billionaire who built Shoprite Holdings Ltd., a supermarket retailer, from the ground up. Credit: Waldo Swiegers/Bloomberg/Getty Images/The Africa Report

Monopoly Money: The successes and failures of South African billionaire Christoffel Wiese

One of South Africa’s richest business leaders talks about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government.

Estée Lauder partners with Jumia to bring key brands to Nigerian market

Estée Lauder partners with Jumia to bring key brands to Nigerian market

The Estée Lauder Companies is set to launch Clinique, Estée Lauder and Aramis into the Nigerian market for the first time thanks to its new partnership with Jumia Online Retailer.

Kelechi Anyadiegwu, Founder & CEO, Zuvaa. Credit: good.is

How one 26-year-old turned $500 into $2 million online (Photos)

What started with a compliment turned one young woman’s idea into a million dollar business. When Kelechi Anyadiegwu started her online African clothing store Zuvaa with $500 two years ago, her idea was to share African-inspired designs with consumers around the world.

Retail Africa: Africa's next retail giant

Retail Africa: Africa's next retail giant?

Steinhoff and Shoprite are planning to merge their African retail operations in a stock-for-stock deal, as announced in December.

Yemi Alade and D'Banj with their awards at the MTV Africa Music Awards 2015. Credit: businessoffashion.com/Getty

Why Africa's Musicians Are a Marketing Goldmine

Stylish, dynamic and extremely popular, Africa’s music stars are brand ambassadors for many multinationals in Africa but the fashion industry has yet to grasp their value.

Olatorera Oniru, CEO, Dress Me Outlet. Credit: konnectafrica.net

From Wall Street to e-commerce in Nigeria

“To scale through the start-up phase is very difficult. It requires a lot of tenacity and, like I always say, it requires experience.” So says Nigerian Olatorera Oniru.

Fashion-conscious Lagosians switch to online shopping

Fashion-conscious Lagosians switch to online shopping

Three years ago, MallforAfrica joined the raft of Nigerian tech start-ups attracting private equity and venture capital backing.

Shoppers walk past an Edgars store at a shopping center in Soweto, southwest of Johannesburg. Credit: Reuters/Siphiwe Sibeko

Bain in $1.5 billion South African Edcon debt for equity deal

Private equity firm Bain Capital has agreed a debt for equity swap deal valued at $1.5 billion for Edcon, the chief executive of the South African clothes retailer said last Tuesday.

Runway from a recent Lagos Fashion & Design Week event. Credit: lagosfashionanddesignweek.com

Nigerian Fashion Getting Ready for Growing Demand (Video)

The Nigerian fashion industry has a problem that might not look like one: it is struggling to meet the demand.

Here are the 5 startups chosen at DEMO Africa to pitch in Silicon Valley

Here are the 5 startups chosen at DEMO Africa to pitch in Silicon Valley

One of the continent’s most-talked about startup events, DEMO Africa 2015, recently concluded with five startups chosen to pitch in Silicon Valley.

Mercedes-Benz Fashion Week Africa

Africa Fashion Week Showcases the Continent’s Best Talent (Video)

The growing trend of Fashion Weeks across the African continent challenges the notion that global fashion starts in the northern hemisphere.

Zainab Ashadu, founder of designer handbag maker Zashadu

Zainab Ashadu, founder of designer handbag maker Zashadu, on her design philosphy of sustainability and durability (Video)

Zashadu is a leading British/Nigerian sustainable luxury brand, that specializes in hand-crafted leather pieces.

Eden Diodati

African Women to Watch: Fashion (Video)

Major international brands are seeking to cash in on Africa’s rapidly-expanding consumer class. Africa has become a major hub for the consumption of premium fashion brands.

Kunmi Otitoju, Founder, Minku

Meet The Nigerian Fashion Designer Building Africa's Hermès: Kunmi Otitoju, Founder, Minku

Kunmi Otitoju, a 30-year-old Nigerian fashion designer and entrepreneur, holds two Computer Science degrees – a Bachelor of Science degree with first-class honors from Howard University and a Master of Science degree from Virginia Tech.

To make it big in Africa, a business must succeed in Nigeria, the continent's largest market

To make it big in Africa, a business must succeed in Nigeria, the continent's largest market

IN 2001 MTN, a fledgling telecoms company from South Africa, paid $285m for one of four mobile licences sold at auction by the government of Nigeria.

Model showcases design by Nigeria's Samson Soboye at the Berlin Fashion Week

African fashion frenzy at Berlin Fashion Week

They are fashionably unconventional.

Jeremy Hodara, MD, Africa Internet Holdings (AIH)

Now is the perfect time to invest in Africa and its future: Jeremy Hodara, MD, Africa Internet Group (AIG)

HumanIPO caught up with Africa Internet Group (AIG) managing director Jeremy Hodara to discuss opportunities in Africa, AIG strategies and goals on the continent and the achievements of companies such as Jumia and Lendico.

Jumia Fashion Truck, Morocco

How Jumia Is Adapting E-Retail To Africa

I recently spoke with Jeremy Hodara Co-CEO of Africa Internet Holding, about a particularly intriguing subject: How do you adapt online retail to the specific needs of markets that are much less developed than the U.S. or Europe?

View of Victoria Island, Lagos, in Nigeria | Photo: Bill Retherford

The Business of Fashion Op-Ed: Luxury Brands Are Wrong to Ignore Africa

Earlier this year, Nigeria became Africa’s largest economy and the 26th largest economy in the world, valued at $509 billion, based on GDP figures that were recalculated using a base year of 2010 instead of 1990.

China investing in Ethiopian Manufacturing

Why ‘Made in Ethiopia’ Could Be The ‘Next Made in China’

China’s was once known as cheapest factory floor on the planet, but in the last two decades its economy has transitioned to become one of the world’s most advanced industrial powers.