A Network of African Business Influencers, Minted in Atlanta

The Mandela Washington Fellows who visited Atlanta for six weeks in June and July were emphatically positive about the leadership program that brought them across the Atlantic. The U.S. State Department’s Young African Leaders Initiative touched down in the city for the sixth straight year, once again bringing cohorts of 25 leaders each to three Atlanta universities. These 75Continue reading “A Network of African Business Influencers, Minted in Atlanta”

This Could Be the True Pride of Africa: South African’s New Business Class on the A330

outh African Airways has gotten a fair amount of attention here at TPG. Through our involvement in PeaceJam, we’ve attended the annual PeaceJam conferences in both South Africa and Ghana, among others. A few years ago, TPG flew SAA’s A340-600 on its daily nonstop flight between New York-JFK and Johannesburg in order to get to the conference in CapeContinue reading “This Could Be the True Pride of Africa: South African’s New Business Class on the A330”

Sudan trades in precious gold for cash

Gold business in Sudan seems to be booming as more people exchange the precious metal for cash as the country’s economic crisis shows no sign of slowing down. Many Sudanese save their money in form of gold. Due to protests and the tensions in the country since President Omar al-Bashir was ousted, more people areContinue reading “Sudan trades in precious gold for cash”

South Africa Factory Output Rises Most in Three Years in April

South Africa’s April manufacturing production rose the most since June 2016 as the output of iron and steel, as well as motor vehicles, parts and accessories, surged. Factory output increased 4.6% from a year earlier, compared with revised growth of 1.3% in the previous month, Pretoria-based Statistics South Africa said Tuesday in a statement onContinue reading “South Africa Factory Output Rises Most in Three Years in April”

Africa’s Billionaires

Rank Name Net WorthAgeOrigin of Wealth #1 Aliko Dangote $10.3 B62 cement, sugar, flour #2 Mike Adenuga $9.2 B66 telecom, oil #3 Nicky Oppenheimer $7.3 B73 diamonds #4 Nassef Sawiris $6.3 B58 construction, chemicals #5 Johann Rupert $5.3 B68 luxury goods #6 Issad Rebrab $3.7 B75 food #7 Naguib Sawiris $2.9 B64 telecom #8 KoosContinue reading “Africa’s Billionaires”

What Is The Richest Country In Africa?

Trade, agriculture, human resources, and industry are the major components of the African economy. As of 2012, Africa housed 1.07 billion people in the 54 countries of the continent. Though the country is rich in resources, the people of the country have been exploited for decades and are poverty stricken. It is expected that theContinue reading “What Is The Richest Country In Africa?”

Six up-and-coming South African entrepreneurs playing a major role in growing the country’s economy

In a special 2019 series, Compelo is shining a spotlight on South Africa. Here, Dan Robinson profiles some of the emerging entrepreneurs in South Africa, who are helping to grow the economy of both country and African continent As the birthplace of Elon Musk, South Africa is associated with one of the world’s most prolificContinue reading “Six up-and-coming South African entrepreneurs playing a major role in growing the country’s economy”

Nigeria keen to join Africa free trade zone – Minister

Nigeria’s minister of industry, trade and investment on Monday said the West African nation will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he commissioned. Nigeria is one of 29 countries yet to sign the agreement seeking to boost intra-African trade, stimulate investment and innovation. InContinue reading “Nigeria keen to join Africa free trade zone – Minister”

Why Africa’s biggest telecoms company is listing on the Nigerian Stock Exchange

(CNN)Africa’s leading telecoms group MTN has listed on the Nigerian Stock Exchange (NSE) in a move that could pave the way for the sale of shares to investors in its biggest market. MTN, which has its primary listing on the Johannesburg stock exchange, won’t be issuing new shares or raising funds in Nigeria at this stage. ButContinue reading “Why Africa’s biggest telecoms company is listing on the Nigerian Stock Exchange”

Africa’s Most Prestigious Banking Awards

The most prestigious event in Africa’s banking and finance sector, The African Banker Awards, is held Under the High Patronage of the African Development Bank. The annual event, which takes place during the annual meeting of the African Development Bank, highlights the achievements of companies and individuals that contribute to the transformation and development ofContinue reading “Africa’s Most Prestigious Banking Awards”