Tag Archives: Business

Ethiopia: What If Banks Were to Cultivate Potatoes?

By Binyam Mesfin, Addis Fortune opinion Since the 1994 opening of the financial sector, Ethiopian banks have enjoyed high profits and steady growth. Even government-owned banks, such as the Commercial Bank of Ethiopia (CBE), have managed to drag themselves out … read more »

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Tracking Epidemics: How Africa Can Beat Diseases

By Ugo Dosu Epidemic diseases are one of the leading causes of death all over the world, especially in under-developed and developing countries. In fact the future of several African countries is in jeopardy due to these diseases. Whether a … read more »

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China in Africa? Capitalism or Exploitation

Yesterday I didn’t really post any new articles because I spent the whole day reading up on current affairs in the African economic scene. I read up on a lot of recent, and past, news about the Chinese, and other … read more »

Posted in Article, Eritrea, Ethiopia, Ghana, Kenya, Niger, Nigeria, Op-ed, Somali, Zambia, Zimbabwe | Tagged , , , , , , , | Leave a comment

Ethiopia: Unemployment – a Dose of Reality

By Girma Feyissa Every single day of the week, weather permitting, a crowd of people stand out on the intersection, near the Addis Abeba City Municipality office, waiting for someone to employ them as menial labourers. Some of them are … read more »

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Aid Worker Diaries – Resilience in Ethiopia – treating the root causes of hunger and poverty

By Pankaj Kumar Selecting beneficiaries for any resilience project is always difficult. But one of the basic principles is that women, children, orphans and the elderly should be near the top of the queue. In Ethiopia, with its high population … read more »

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Zimbabwe: The Dilemma of The Educated But Unemployed‏

By Perry Munzwembiri, zimeye.org One key characteristic of developing nations is that a large proportion of the population is comprised of the youth. The African Development Bank notes that  Africa has the fastest growing and most youthful population in the … read more »

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Five Business Culture Tips from An African Perspective

By Bright Simons There is a tradition dating back at least 3 decades in the Western world that technical innovation on its own is rarely the make or break thing in the competitive advantage of a business. The Economist Paul … read more »

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Nigeria: Social Media – The Pain And Gain

The recent cruel murder of the daughter of a retired Nigerian general, Cynthia Osokogu, by persons she allegedly met on Facebook has once again brought to the fore, the pervasive risks and threats affiliated with the usage of social media. … read more »

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Ghana: Food For Thought For Our Ruling Elites?

By Kofi Thompson Today, dear reader, I am sharing an article posted on the online version of the UK newspaper, The Telegraph – at 7:26PM BST, on 27 August, 2012 – by John Longworth, who is Director General of the … read more »

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Nigeria: The Ogoni, the North and the Quest for Political Autonomy

By Ogaga Ifowodo, Vanguard opinion Two weeks ago, a faction of the Movement for the Survival of the Ogoni People led by Goodluck Diigbo proclaimed political autonomy. The action appears to be the outcome of internal wrangling over the implementation … read more »

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Does the Diaspora need its own small business fund?

Dele Meiji Fatunla Whether it’s small restaurants, import-export business or a mom and pop corner shop, immigrants and Diasporas have a knack for running businesses, often out of necessity, always out of drive. Yet, it can be difficult for ambitious … read more »

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Nigeria surpasses 5 million Visa cards milestone

Visa, one of the world’s leading payment networks, announced at the weekend that its client financial institutions in Nigeria have surpassed 5 million cards in market. Country Manager for Visa West Africa, Ade Ashaye said with this achievement, Nigeria’s banking … read more »

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‘UK must take Africa opportunity’ says Barclays report

UK companies need to do more to take advantages of opportunities to win customers among the growing African middle classes, according to a new report. A Barclays survey of UK companies currently exporting to Africa found that the vast majority … read more »

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Indian Engineering Companies Explore New Business at Oil & Gas Africa

Press Release   Indian Engineering Companies Explore New Business at Oil & Gas Africa   Major Indian companies will be part of a dedicated Indian pavilion at the upcoming Oil & Gas Africa expo, which takes place from 13 to … read more »

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S.Africa’s All-share index hits record high

South Africa’s All-share index hit a lifetime high in early trade on Tuesday, as commodity firms such as Impala Platinum ticked higher, tracking gains in global equities after upbeat economic growth data in China. By 0737 GMT, the All-share index, … read more »

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Notice of Appointment / Momar Nguer has been appointed Senior Vice President, Africa/Middle East at Total Supply & Marketing

PARIS, France, January 11, 2012/African Press Organization (APO)/ — On December 15, 2011, Momar Nguer was appointed Senior Vice President, Africa/Middle East at Total Supply & Marketing. He succeeded Alain Champeaux who left his operational responsibilities after a career of … read more »

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Cameroon raises cotton price to curb smuggling

Cameroon state firm SODECOTTON has increased farm gate raw cotton price by 27.5 percent for the current harvest in an effort to dissuade farmers from smuggling their produce to neighbouring Nigeria, a spokesman said on Wednesday. SODECOTTON said it will … read more »

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Global investors prefer Nigeria to SA

Global private equity investors prefer to put their money into Nigeria rather than SA, as this country is currently seen as “over-invested”.This view was voiced during a panel discussion held at the recent SuperReturn Africa conference in Kenya, one of … read more »

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5 dead after Ghana gold mine collapse

Monrovia – Five people died and several others were injured after an illegal mine collapsed in the west of Ghana, local media reported on Monday. The five, including four women, were killed after the pit mine collapsed in the area … read more »

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Runaway truck kills 20 in Guinea

Conakry – A large truck ploughed into cars and pedestrians in a populous suburb of Guinea’s capital Conakry late on Friday, killing at least 20 people, national television reported. “Some 20 people were killed and many others injured in an … read more »

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World’s 5 Dumbest robbers

It seems logical that preparation is everything when it comes to committing a crime, so you can hardly blame 40-year-old Canadian Daniel Glen for wanting to cross the T’s and dot the I’s before robbing a local store. He probably … read more »

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S.Africa rand begins week lower, could weaken more

South Africa’s rand started the week on the back foot against the dollar in early Monday trade, as the euro came under pressure and a bleak outlook for commodity-linked currencies clouded an already dim global growth picture. The rand is … read more »

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Mozambique Cellular Says Starts The Country’s First Mobile-Banking Service

Mozambique Cellular, the country’s biggest mobile-phone operator, started a phone-banking service, known as mKesh, it said. The state-controlled company will hold a 70 percent stake in Carteira Movel SA, which will operate the service, with the remainder held by the … read more »

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Who Is A Professional In Ghana

The word profess means to avow or lay claim to some expertise. Hence, we have professors who are university dons with specialist knowledge in particular fields of academic endeavour. The Concise Oxford Dictionary (11th Edition 2006) defines a professional as … read more »

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South Sudan police assault UN human rights director

A group of South Sudanese police officers assaulted the human rights director of the United Nations mission in the country last week, sources and internal documents said on Thursday. They said 10 to 14 police officers slapped, kicked and beat … read more »

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Is The President An Epitome of a “Greedy Bastard”?

I Hope Not. I am writing this as a reflection on the story on Ghanaweb.com today, 08/16/2011, that President Arthur Mills has accepted a Gift of a Mansion from a Business Firm, even as he is still incumbent. I hope … read more »

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Tanzania to spend $742 mln for emergency power, seeks loan from

Tanzania plans to spend 1.2 trillion Tanzanian shillings by the end of next year for emergency power projects aimed at ending chronic energy shortages in east Africa’s second-largest economy. Energy and Minerals Minister William Ngeleja said in a presentation to … read more »

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European Markets Bounce Back After Volatile Trading

European stock markets fell in early trading Thursday, largely on concerns about the fiscal health of the continent’s banks. But the markets bounced back in the afternoon, after French and German leaders scheduled an emergency summit to address the euro … read more »

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Notorious militants escape Nigerian jail

Port Harcourt – Five militants escaped from a prison in Nigeria’s main oil-hub Port Harcourt on Sunday, by using their metal beds as ladders to climb over the walls, a spokesperson for the prison said. Militants, who say they are … read more »

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Notorious militants escape Nigerian jail

Port Harcourt – Five militants escaped from a prison in Nigeria’s main oil-hub Port Harcourt on Sunday, by using their metal beds as ladders to climb over the walls, a spokesperson for the prison said. Militants, who say they are … read more »

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