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Africa’s Economic Outlook For 2015

Africa’s Economic Outlook For 2015

AFRICANGLOBE – Assuming a gradual strengthening of the world economy and improvements in political and social stability in those African countries currently affected by strife, the African continent is set to record a projected +5% economic growth in 2015.

Richard Maponya South Africa’s Pioneering Black Business Tycoon Turns 88

AFRICANGLOBE – Richard Maponya celebrates his 88th birthday on Wednesday, after leading a life full of success; he became, decades ago, the first prominent Black businessman in South Africa. He has triumphed in virtually all areas of endeavor and what is more, he did so while overcoming the many racial obstacles the “apartheid” regime had installed along the path to favor his white competitors.

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Why We Stopped Buying Nigeria’s Oil, By The White House

AFRICANGLOBE – Officials of the United States government have for the first time in months presented an explanation on the sudden termination of oil imports from Nigeria since July, an action which spurred concerns whether there were any possible political connotation especially because of the current strain in Nigeria-US diplomatic relations.

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20 Thought-Provoking Quotes By African Entrepreneurs In 2014

AFRICANGLOBE – This year, we spoke to entrepreneurs across the continent – from those with budding start-ups to the founders of well-established companies​. They shared some great tips and inspirational quotes for aspiring ​African business people​ and entrepreneurs. And as 2014 draws to a close, we have highlighted some of their words of wisdom.

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Made In Ethiopia: The Story Of Holland Car

AFRICANGLOBE – When Tadesse Tessema’s company first started to sell its locally assembled cars in Ethiopia, one of the biggest challenges was to convince the public that its vehicles were of the same quality as the brands imported from the West.

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Investment: Made in Ethiopia

AFRICANGLOBE – The Ethiopian government is pouring resources into industrialisation in an effort to break into global markets. But, in a country where manufacturing accounts for only 4.2% of gross domestic product, challenges loom large.

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Top 10 Reasons To Start Your Own Business

AFRICANGLOBE – As scary and intimidating as it can be to start your own business, there are many benefits and good reasons to start one. Here are the top 10 reasons to start your own business.

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Instagram Now Worth $35 Billion

AFRICANGLOBE – Instagram could be worth $35 billion, according to a new report from Citigroup on Friday. The new figure that the bank called “conservative” is almost double Citigroup’s previous valuation of $19 billion.

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Africa’s Tallest Skyscraper To Be Built In Morocco Next Year

AFRICANGLOBE- Construction will begin next year on Africa’s tallest building – a 540-metre-high skyscraper in Morocco. The 114-storey tower in Casablanca will be more than twice the height of the 223-metre Carlton Centre in Johannesburg, which has been the tallest building on the continent since its completion in 1973.

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