Category: West Africa

Practical improvements for movement of goods, transport, capital and services across West Africa What if truck carrying rice from a port in Ghana could arrive in Burkina Faso in three days instead of nine? What if people crossing from Togo into Benin could do so in 10 minutes instead of one hour? What if an

New rail track will expand trade between Chad and its southern neighbours, Gabon and Equatorial Guinea Chad is taking steps to counter its landlocked isolation by building transport links to the Atlantic coast of West Africa in order to facilitate two-way trade. In a major development in the West African region, Cameroon and Chad have

Africa’s leading online retailer expands its operations in to Cameroon expecting robust online sales Jumia is rapidly becoming a household name across the continent of Africa. Following its recent launches in Uganda and Ghana, the online retailer has now gone live in Cameroon. With the launch of the Jumia in Cameroon, the company is now

Production has begun at Nigeria’s first sugarcane bio-factory in the city of Zaria at Kaduna state. The facility, which will have the capacity to produce one million sugarcane seedlings per annum, was declared open by Nigerian trade minister Olusegun Aganga at Zaria’s Ahmadu Bello University in May 2015. “A bio-factory is a facility where disease-free

Openshopen.ng has been named e-commerce platform of the year at a recent awards ceremony in Nigeria The website, which acts as the e-commerce platform for Computer Warehouse Group (CWG) Plc, garnered the most votes in its category at the Beacon of Information and Communication Technology (BOICT) awards in the Nigerian capital, Lagos. Former president of

MDX-i and Microsoft have launched a cloud-based service for enterprise customers in West Africa MDX-i is a data centre subsidiary of MainOne, and the solution is built on Microsoft Azure’s enterprise grade infrastructure, which provides flexible, highly available and fully secure private computing environments to companies on a pay-as-you-go basis. Customers will receive a full

Nigeria’s film industry is booming, but lack of funding and rampant piracy holds it back. A stronger effort to improve quality, enforce intellectual property laws and clampdown on piracy should help to generate substantial revenues that really whet the appetite of investors. In April 2014, Nigeria rebased its GDP and became Africa’s largest economy. For

PoshRite is an upcoming online platform for beauty enthusiasts and professionals to explore, create and connect. The all-inclusive arena seeks to help women unlock their true beauty with useful tools, tips and resources in an interactive atmosphere. Described as a “girlfriend on-the-go,” the website also provides women of colour with top beauty products and services

According to Netplus Advisory, internet-based businesses have attracted $200 million in private capital over the last three years in Nigeria. This was stated when the company hosted the Connect Commerce Conference in Lagos on Tuesday. Speaking to CNBC Africa on the expanding scope of online businesses in Nigeria, Wole Faroun, CEO of Webmall said it

Aliko Dangote, the president of Dangote Group has been named among the 50 most influential personalities in the world by Bloomberg, the renowned United States-based news media with bias for business and financial news reporting. The charismatic business man was ranked 41st most influential person in the world. Barack Obama, Angela Merkel and Pope Francis

Learning from those who have been there, done that, and are still standing, is a vital part of succeeding as an entrepreneur in Nigeria. In line with our passion for building Nigerian businesses, we asked some Nigerian entrepreneurs, “What advice do you have for aspiring and upcoming entrepreneurs?” Here’s what they said: 1. Sincerity is

British Airways has restated its commitment to the growth of SMEs in Nigeria by announcing the re-launch of its “On Business Loyalty Programme” for growing businesses. The event, which had over 100 guests and business owners in attendance, took place at the Eko Hotels and Suites on Thursday, 8th October 2015. The “On Business Loyalty

A new World Bank report has put Africa’s poverty rate at 43 per cent compared to a previous figure of 56 per cent. The World Bank Vice President, Africa Region, Mr. Makhtar Diop said during a video conference on End Poverty Day that the latest estimates came as “good news in the context where we

During the Abuja International ICT Conference and Expo 2015, the president of the Abuja Chamber of Commerce and Industry (ACCI), Mr. Tony Ejinkeonye, said that the chamber has developed a database to assist its members and other businesses benefit from global trends in business development. He said: “You cannot separate business from ICT. We are

The number of ultra-high net worth individuals, those with at least $30 million in assets in Africa, will increase by a staggering 59% over the next decade, stronger than the 34% projected global growth. According to The Wealth Report 2015, compiled by Knight Frank with support from Standard Bank Wealth and Investment, previously Standard Bank

Facebook has been testing a new version of Facebook dubbed “Facebook Lite.” The app is essentially a simplified version of its mobile website, which has been specifically designed for low-end Android devices in emerging markets. According to Facebook, the app was quietly launched in a handful of countries in Asia and Africa, including Bangladesh, Nepal,