Category: Regions

Mozambique Promotes Tourism Naturally

From bushland to beaches, Mozambique has incredible natural beauty that has world-leading preservation efforts and ever-more visitors Sandbanks and small islands dot the 2,500km coastline of Mozambique, dazzling the visitor’s eye with clear turquoise waters, and deep walls of coral. Last year, nearly 2 million tourists visited here, many from the UK and Portugal, but

Mozambique develops its transport and infrastructure

Rehabilitating infrastructure will do more for the country than just link its mines with its ports; it will form the basis of sustainable growth A great deal of Mozambique’s infrastructure and transportation network was destroyed during the civil war and funds for reconstruction severely limited until the development of newly discovered natural resources brought commercial

Tourism Sector in Mozambique: Opportunities Galore

Carvalho Muária, Mozambican Minister of Tourism, discusses with Upper Reach his country’s nascent tourism sector and the importance of getting the local population involved in what can be a highly lucrative sector The discovery of mineral resources provided the country with a platform from which we can look into the future development of many sectors,

Mozambique After The Discovery of Natural Gas

A series of massive natural gas finds by the government and international partners off Mozambique’s coast in recent years could raise the country to middle-income status and fuel a much needed boost to achieving its social and economic ambitions aimed at creating a better quality of life for all Mozambique has managed to make the

Uganda: Vision 2040

Uganda has established itself as one of East Africa’s most attractive destinations for foreign investors due to its natural assets and security Uganda has grown not only in population size, from 14 million in 1986 to more than 36 million today, but also in economic might and potential. “Uganda has attained strong growth in financial

Uganda Offers Opportunities in Agribusiness

Agriculture has been at the heart of the Ugandan economy for decades, but increasing access to global markets is highlighting the sector’s potential. Farming already represents around 22.5 per cent of the East African nation’s GDP and accounts for the employment of more than 80 per cent of the population, but plans are now in

Nollywood gaining increasing popularity

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

Angola: Nation On The Move

Having profited from its rich oil and mineral reserves, Angola is now in the process of both diversifying its economy and using its resources to improve living standards across its population Angola’s emergence as one of Africa’s fastest-growing nations is enabling it to rapidly broaden its economic output as well as drive social welfare reforms.

Angola: The Market of Tomorrow

Bilateral relations between the U.S. and Angola have not always been so smooth but the visit of Secretary of State John Kerry to the ever-developing African country in May marked 21 years of full diplomatic relations which have been fruitful for both nations Twenty-one years after the United States and the oil-rich, southern African nation

Mozambique: A new model for Africa

One of the fastest expanding economies in the world is packed with natural, untapped potential for growth Mozambique has transformed its political and economic system from a one-party state to a constitutional democracy, and its economy from a centrally planned to a market-based system, to become one of the fastest growing economies in the world.

Business Profile: PoshRite

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

Netplus Advisory: Online Businesses on the Rise in Nigeria

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

Dangote in List of 50 Most Influential People in the World

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

Authentic Advice on Starting a Small Business in Nigeria

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 Partners With SMEs in Nigeria to Grow Their Businesses

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

Africa’s Poverty Rate Drops to 43%

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