Business

Vanilla Bean Market To Expand Fleetly Through 2018-2028

XploreMR has compiled a study on vanilla beans, which offers an analysis and forecast of the vanilla bean market, in its publication titled, ‘Vanilla Bean Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2027. This report on the vanilla bean market covers some of the vital facets that are key influencing factors on the demand and supply of vanilla beans over the next several years. An in-depth … Continue reading Vanilla Bean Market To Expand Fleetly Through 2018-2028

Business

Empowering Young Africans: Osinbajo speaks on entrepreneurship

L-R, Segun Osoba, Osinbajo and Tony Elumelu at the Tony Elumelu Foundation Forum in Abuja on Saturday Vice President Yemi Osinbajo says that the promise of establishing entrepreneurship banks in Africa is one that must be kept. Osinbajo expressed this view in his address at the fifth edition of the Tony Elumelu Foundation Entrepreneurship Forum(TEFforum2019) on Saturday in Abuja. The two-day event has the theme … Continue reading Empowering Young Africans: Osinbajo speaks on entrepreneurship

How Jumia claimed Africa

Jumia, Africa’s largest online retailer, was founded in 2012 by Sacha Poignonnec and Jeremy Hodara, who were both former employees of the American worldwide management consulting firm, McKinsey & Company. Jumia offers customers the ability to buy products online, like phones and shoes, as well as groceries, flights, food delivery, and offers bill paying and cellular data plans. The company sought to build an online shopping … Continue reading How Jumia claimed Africa

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 on its website. The median estimate of seven economists in a … Continue reading South Africa Factory Output Rises Most in Three Years in April

Africa-Wide Free-Trade Zone Launched, With Potential $2.5tn Market

The largest free-trade in the world, spanning the African continent with its 1.2 billion people, has come into effect, aiming to eradicate tariffs and create single market for a potential market worth $2.5 trillion. The African Continental Free Trade Agreement (AfCFTA) comes into effect on 30 May 2019, having been signed by 52 of the AU’s 55-member states. Significantly, Nigeria, the continent’s largest economy, has … Continue reading Africa-Wide Free-Trade Zone Launched, With Potential $2.5tn Market

Business

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 prolific entrepreneurs as the SpaceX and Tesla founder continues to capture … Continue reading Six up-and-coming South African entrepreneurs playing a major role in growing the country’s economy

African Youth Join Hands for Self-Employment

By Fatma Abdu YOUNG entrepreneurs across Africa have reached a consensus on key issues affecting youth employment and entrepreneurship on the continent. One of the key issues, forged by youth from 17 commonwealth African countries, was to forge a new strategic direction for the network to enable them become self-employed. Speaking during the threeday strategy workshop of Commonwealth Alliance of Young entrepreneurs in Africa (CAYE … Continue reading African Youth Join Hands for Self-Employment