Despite various challenges that Africa is facing, it is still home to seven of the ten fastest growing economies in the world. Therefore, it continues to be one of the most desirable investment destinations. So, if you are eager and ready to seize business opportunities on the continent, here is what you should know.
For the most part, people who are drawn to you probably possess more qualities that are similar to yours than those that are different. Similarly, mentors tend to gravitate towards mentees who remind them of themselves when they were younger, and as a result are inclined to believe in these mentees’ potential than those that
Economists project that by 2060, Africa’s middle class population, which is currently about 300 million people, will triple to about 1 billion people. This will without a doubt present a lucrative market for products and services that all companies, including multinationals, are eager to access. In his book, The Fortune at the Bottom of the
Your first thought may be: “Why would I ever turn down a project as a small business?” Well, there are various reasons entrepreneurs may want to consider declining projects from clients; one of them being insufficient compensation. Lionesses, where do you draw the line between balancing the short term pressure of making money and letting
Research conducted by the African Development Bank shows an increase ranging from 10 – 30% in the number of women-led enterprises over the last decade. In Uganda alone, women account for 40% of all businesses. So, female entrepreneurs have a significant role to play in Africa’s economic and innovative transformation. For the most
Over the years Uganda has been recognized as one of the food baskets of East Africa due to its fertile soil and adequate rain; but now the country faces the biggest food shortage crisis in its history. Bad land tenure systems, drought and outdated agricultural tools are some of the factors contributing to this crisis.
In sub-Saharan Africa, just 15% of landowners are women and they receive less than 10% of credit, 7% of extension services, and have less access to technologies compared to their male counterpart. Yet women farmers are just as efficient as men and would achieve the same yields if not higher if they had equal resources,
We’ve heard over and over that entrepreneurship is a key factor to improving growth in developing countries, yet there is slow progress being made in removing stumbling blocks that impede the success and growth of SMEs. So, are there really merits to the claim that small and medium enterprises are engines of economic growth? Well,
There is a rapid shift taking place across the African continent; an emerging trend of an innovative African approach used by entrepreneurs and practitioners on socio-economic development. Africa is already equipped with expertise and technological capacity to find local solutions to the continent’s challenges. The current innovations in telecommunication and information technology sectors are specifically
According to a survey conducted by business research association The Conference Board in 2012, more than half of US workers were estimated to be unhappy in their jobs; this was reported as an all – time low. In 2013, research by Gallup also showed 87% of the world’s workers are either not engaged in their