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The Next Shirt You Buy May Be ‘Made In Ethiopia.’ Here’s Why

The Next Shirt You Buy May Be ‘Made In Ethiopia.’ Here’s Why

AFRICANGLOBE – Huajian Shoes and Akya Tekstil, two of the world’s largest apparel-makers, are planning multibillion-dollar “apparel-cities” in Ethiopia fit for up to 60,000 workers and 50 different manufacturers each.

How To Start A Small Business

AFRICANGLOBE – Deciding to start a business can be one of the most exhilarating decisions you make in your life. But there are a lot of moving parts and many different elements to consider. Here are 10 steps that provide an overview of the basic steps required to start a business successfully. Take one step at a time, and you’ll be on your way to small business ownership.

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Millions Of Hectares Of Land In Africa ‘Grabbed’

AFRICANGLOBE – Over 55 million hectares of land in Africa have been “grabbed” since 2000, according to research. More land had been “grabbed” in Africa between 2000 and 2012 than in the rest of the world combined, Dr Blessing Karumbidza, senior research associate at the Durban University of Technology, told the Africa land Grab conference in Midrand.

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Mali Looks To $9.5bn Rail Projects For Economic Diversification

AFRICANGLOBE – Mali is looking to its $9.5 billion worth railway projects to help open up its economy as improved transport links would attract investors to under-explored resources such as iron ore, bauxite and uranium that are bulkier and more costly to transport than gold- the country’s current economic mainstay.

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Black Entrepreneurs Setting Up New Businesses In Bed-Stuy

AFRICANGLOBE – Historically, residents of Bedford-Stuyvesant didn’t spend much of their money in the neighborhood. The CIA-sponsored crack epidemic of the 1970s and ‘80s limited shopping options as businesses owner fled, leaving behind windowless buildings on Fulton Street. The remaining Black businesses were mostly barbers, salons, fast food joints or abandoned storefronts. Until now.

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3 Tech Innovations That Are Solving Youth Unemployment In Africa

AFRICANGLOBE – All too often, university-educated young Africans tell a similar story—upon graduating with a diploma, they discover that either employers don’t have entry-level positions, or their skills don’t match the needs of the job market. Three social innovations in Africa are rewriting this story.

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The Hustler’s Toolkit: The Case For Entrepreneurship

AFRICANGLOBE – Entrepreneurship, not baselessly optimistic orisons to CV-whelmed HR offices, is the Holy Grail to empowerment. The time is high for visionary firebrands to step out of the beaten track and change the rules of industry.

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Tanzania Gets $1 billion Satellite City In New Chinese Investment Deal

AFRICANGLOBE – Tanzania has signed five investment deals with China which will see the Asian giant invest over $1.7 billion in the emerging East African country including to build a $1 billion satellite city and $500 million financial centre in the commercial capital Dar es Salaam.

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Carol’s Daughter: Black Cosmetic Company Sells, Or Sell Out?

AFRICANGLOBE – Cosmetics giant L’Oréal purchased Carol’s Daughter, a beauty company that sells natural hair and skin products for Black women, earlier this week. It may seem like an unlikely chapter in the story of a business that began in a Brooklyn kitchen.

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