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Fronting As A Black-Owned Business

Fronting As A Black-Owned Business

AFRICANGLOBE – Minority business programs came to life as a compliance requirement for Title VI of the Civil Rights Act of 1964. From the start White-owned businesses began to pose as a minority-owned company. To offset this abuse and corruption, the government required a formal certification process.

Decades Of Sustained Growth Is Transforming Africa’s Economies

AFRICANGLOBE – Despite a weaker than expected global economy, with a number of major countries showing mixed performances, growth prospects for Africa remain positive and the region’s GDP growth is projected to rise to 5.2% in 2015-16 and 5.3% in 2017.

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$8bn Rail Project: Uganda Looks To Oil As Alternative To Chinese Cash

AFRICANGLOBE – “Remember we have our oil, which we shall start harvesting in 2017, and that money will deal with these projects – railway and electricity … China or no China, we shall build that railway,” Yoweri Museveni was quoted as saying on Monday on the sidelines of an African investment conference in London.

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Africa’s Richest Man To Help Liberia In Fight Against Ebola

AFRICANGLOBE – Africa’s wealthiest man, Aliko Dangote, has promised to assist Liberia as the West African country fights against the spread of the Ebola virus. Dangote promised to assist the country with medical personnel and other human and material resources to contain the spread of the disease.

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7 Inexpensive Business Ideas

AFRICANGLOBE – Want to start a business but don’t have a lot of start up money or time to invest in developing specialized skills? Then you’ll want to have a look at this list of business ideas.

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Foreign Banks In Zimbabwe Forced To Hand Over Majority Ownership To Black Zimbabweans

AFRICANGLOBE – Foreign banks in Zimbabwe may have put behind them worries over the country’s indigenisation policy, with Empowerment Minister Francis Nhema saying last week that all of them – except one – had now agreed to transfer majority shares into the hands of Black Zimbabweans.

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Uganda Threatens China Railway Company Boss

AFRICANGLOBE – “You came here to do business, not politics; if you are not willing to cooperate, leave the country,” Museveni reportedly told Dai Yang, the country head of China Civil Engineering and Construction Corporation, which lost a bid to construct a Standard Gauge Railway in Uganda.

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After Years Without A Grocery Store, These Neighbors Are Building One Themselves—And They’ll Own It

AFRICANGLOBE – Fed up with essentially begging for access to affordable, quality food, residents of this predominantly African-American neighborhood decided to open their own grocery store.

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Silicon Savannah – Africa’s City Of Dreams

AFRICANGLOBE – Kenyans are calling it the ‘Silicon Savannah’. Artists’ sketches of the emerging technopolis 60 kilometers from Nairobi’s city center, evoke science-fiction cityscapes. Market analysts forecast Konza City to become an emerging global center, perhaps on the scale of California’s Silicon Valley.

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