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Tag Archives: Business

Senegal promotes African female entrepreneurs.

Africa has the highest number of women entrepreneurs but they face more hurdles on the way to business success than their male counterparts. Maty Ndiaye a Senegalese businesswoman founded Kaya, a shop in Dakar selling clothes, toys and products for children. But the business stalled when she needed funding to …

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Ethiopia Supermarket To Shut Down After Seven Decades.

An Ethiopian supermarket reputed for serving expatriate and diplomatic community in the capital Addis Ababa is closing down its operations after close to seven decades. Ethiopia’s The Reporter newspaper quotes owner of Bambi’s supermarket as saying foreign exchange squeeze coupled with administrative bottlenecks were to blame for his decision. According to Charalambos …

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SOMALIA’S PARLIAMENT REJECTS BERBERA PORT DEAL.

Somalia’s lower house of parliament on Monday backed the federal government’s rejection of the Berbera port deal entered into by semi-autonomous Somaliland, Ethiopia and DP World. A Voice of America journalist, Harun Maruf, reported that the lower house had voted to reject the deal through a landslide with 168 of …

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Nigeria: Wiz-kid Partners with Nike on Star Boy Jersey Project.

Nigerian and international singing sensation Wizkid of the StarBoy brand fame has signed a deal with the sportswear giant Nike to produce and sell the Star Boy jerseys. Fans of the ‘Daddy Yo’ star have been expressing their excitement and anticipation to own their own replicas of the jersey that …

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Kagame starts A.U. reign with business forum.

The new African Union chairperson, Paul Kagame, kicked off his reign with a Business and Investment Forum where he strongly advocated for active private sector participation in the African governance process. Kagame in his remarks held that the earlier African governments realised they cannot serve their citizens without private participation, …

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Giving Back Is How Your Startup Changes the World

Selfless or selfish? Corporate responsibility, strategic philanthropy or social responsibility: the role of business in society has many names. Regardless of the label, the idea is centered around creating a shared value between the business and for society. Many businesses, large and small, are assessing their impact on society and evaluating their …

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