Attendees of the Factoring workshop in Egypt pose for a group photo. In pursuit of the growth and transformation of Small and Medium Enterprises (SME) across Africa, African Export-Import Bank (Afreximbank), in partnership with FCI, the largest global network of factoring companies, and the Egyptian Factoring Federation (EFF), recently played host to a two-day Workshop…
Nigeria and its citizens are currently going through enormous pains as a result of the quest to emplace as close to a perfect market as can be in the downstream sector of the oil and gas industry. Over the years, a number of factors distorted the market, chief of which was the fuel subsidy regime….
Dangote Industries Limited, has again emerged as the most valuable brand in Nigeria, making it the seventh consecutive year it will be doing so. The latest report of the TOP 50 BRANDS NIGERIA® rankings, which is an annual celebration of the most influential and valuable brands in the country, revealed Dangote as the top brand, followed by MTN…
Three things. One, Access Holdings has just declared a profit after tax of N612 billion, with a 300 per cent increase year-on-year. Two, the return of Aigboje Aig-Imokhuede to Access, not as CEO of Access Bank, which he was until 2013, but this time as Chairman of Access Holdings, the umbrella for the different interests…
The African Development Bank Group (www.AfDB.org) and the European Bank for Reconstruction and Development (EBRD) on Thursday announced the setting up of a joint taskforce to foster entrepreneurship to catalyse jobs creation and growth in Egypt, Morocco, and Tunisia. The official launch of the taskforce took place on Thursday, 21 September 2023 during a workshop in…
The African Development Bank’s Gender Equality Trust Fund (www.AfDB.org) will provide a $950,000 grant to the Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger. The grant, which will supplement an earlier $3.9 million financing grant from the Bank’s Transition Support Facility, is expected to bolster 1,400 women-led…
“Suji my son, you must follow me somewhere, I want to blow your mind and quadruple your vision”. This was a message I got from my royal father, the Ooni of Ife, HRH Adeyeye Enitan Ogunwusi, the Ojaja II. I had to leave everything I was doing and make my way to Ibeju lekki Free…
1. Over $4 billion worth of equipment currently sits on the site. 2.The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity. 3.The project site is larger than Victoria Island. It is located on 2135 hectares of land in Ibeju-Lekki, Lagos near the Lekki Free Zone…
1. Know thyself. You are the most important entity in the business. No one else sowed the seed of the business other than you. The success of the business is your gain, and the failure your loss and shame. In selecting the seed of business to sow, consider who you are in terms of temperament,…
The African Development Fund and Smart Africa Alliance have jointly launched a $1.5 million project to streamline digital trade and e-commerce policies across 10 African countries. The project will see to the implementation of regional training and capacity-building programs focusing on cross-border e-payment and e-commerce for governments, private sectors, and SMEs. The Institutional Support for…
