Four years ago, Funlayo Alabi’s business, Shea Radiance, was riding high — and then it almost went under. The Baltimore company she co-founded with her husband, Shola, was selling its all-natural skin and hair care products in hundreds of Target stores, in what seemed like the opportunity of a lifetime. But the demands of supplying and… Read More Funlayo Alabi: A Female Entrepreneur Rises From Defeat
Last month, I visited my village of Ovim in Southeastern Nigeria. I met a painter who also manufactures the paint he uses for his work. According to him, his business nearly collapsed early in the year when he could not access the foreign exchange market to import the raw materials required for his paint production.… Read More Why African Entrepreneurship Is Booming
It is popular notion these days that the cure for the developing world’s ills is as simple as private sector investment, albeit with a responsible twist. “Impact investors” and private equity firms with specific focus on projects that will positively impact upon Africa are being dubbed the new heroes of sustainable development, in which we… Read More Can Africapitalism save the continent?
Imbolo Mbue Photo: Kiriko Sano Imbolo Mbue burst into the limelight late last year after signing a million dollar deal with Random House for her debut manuscript. The novel titled Behold the Dreamers follows the travails of a Cameroonian immigrant and a Lehman Brothers executive during the 2008 financial crisis. One million dollar advance? It’s a… Read More WALL STREET JOURNAL UNVEILS THE FACE BEHIND AFRICA’S MOST ANTICIPATED NOVEL
INVESTMENT AND BUSINESS In 2016, the world faces uncertainty and volatility – as well as huge opportunities for significant progress. Africa stands not just to gain from these major shifts, but also to lead some of them. The global landscape is certainly challenging, with the political and economic news dominated by slowing growth, rocky stock… Read More 10 Reasons To Watch Africa In 2016