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Senegal promotes African female entrepreneurs.

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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 grow and Ndiaye was forced to shut down her store due to lack of capital.

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Like many entrepreneurs on the continent, access to resources and opportunities are limited, and even more so for women.

“I wanted to borrow 5 million with a micro financing body and they asked me to bring the 5 million, to put it in an account as a guarantee and afterwards they would lend me 5 million. I found that outrageous. So it’s really hard when we want to develop our business and we need money to inject in the business, it’s really hard to get access to that type of financing,” she said.

However, a new networking initiative founded by French businesswoman, Aude De Thui is determined to change that.

Women In Africa (WIA) is an organisation that aims to support and fund businesses led or managed by African women.

The group recently held its first regional Summit in Dakar, bringing together over 180 women entrepreneurs from 15 different countries.

WIA recently held a Women’s Forum in Senegal, with specific focus on the challenges and solutions faced by African female entrepreneurs like Ndiaye.

“Women suffer today because they don’t get enough support, enough guardiance and they don’t have access to financing. And women forums are often about well-being or personal themes.

I participate in economic summits because I want to put women back in the economy and give them a voice because they inspire trust and also because the world needs to focus on Africa,” De Thui said.

Speakers and experts were also on hand to give master classes and share their business experiences, as well as putting women in touch with investors and helping them pitch their ideas.

“By participating in this forum it has allowed me to believe in myself more but in particular to believe in the woman that I can become, like these women leaders that I have met and with whom I took a lot of pleasure talking to and exchanging with,” said 17-year-old Fatou Khouleh Wade, who dreams of being a railroad engineer.

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Business

Djibouti commissions $3.5 billion Chinese-built free trade zone

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Djibouti commissioned a $3.5 billion, Chinese-built free trade zone on Thursday, deepening ties with the Asian giant and helping the Horn of Africa nation generate more jobs for its youths.

Djibouti, with a population of 876,000, already hosts Chinese, U.S. and French naval bases and it also handles roughly 95 percent of the goods imported by Ethiopia, its land-locked neighbour with 99 million people.

The zone will be jointly operated by Djibouti Ports and Free Zones Authority and China’s Merchants Holdings company.

The zone which will house manufacturing and warehouse facilities, an export-processing area and a services centre, is expected to handle trade worth $7 billion within two years, and create 15,000 jobs when complete.

 

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Business

Solve Your Rent Issues Africa- Invest in Real Estate Internationally With $100.

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Every January across Africa, the rat-race begins in most homes. The race to pay rent or face legal squabbles with landlords (who are smart individuals who planned their future) or in extreme cases face eviction.

This month, you can ensure the last rent you pay occurs this January 2019 because you will have an opportunity that allows you tap into the international real estate investments outside of your physical location or country.

If you are interested in this, click here and fill this form and one of our representatives will contact you. Please include your country code when filling in your mobile number.

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Real Estate Development

 Block-chain technology creates the opportunity to participate in the impenetrable primary real estate market to access global opportunities and earn exponential returns.

In the multi-trillion dollar real estate industry, substantial profits are generated with the operation of property development strategies. From land rezoning to building subdivisions, these strategies produce superior investment performance in contrast to renting and flipping property. As an ignored opportunity by most individual investors, profits are secured for institutional investment firms and accredited investors who can wield the challenges of large capital requirements and elevated inherent risks.

We will alleviate the risks and barriers of real estate development and open the gateway to these high yielding opportunities. With the use of blockchain technology, the market will experience increased participation from individuals that will multiply global capital flow and fundamentally expand cross border income. Now individuals from all over the world can access the high returns of this investment environment.

Click here to fill a form and one of our Managers will contact you with more information on how you can be part of this Real Estate dream. Click Here.

Please include your country code when filling in your mobile number.

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