Tag: Lagos
Nigeria, Not Kenya, Is About To Become Africa’s Next Big Technology...
AFRICANGLOBE - There’s too much money in Nairobi. That’s one way to explain why some venture capitalists are setting their sights elsewhere. Now investors are looking to the other side of the African continent for results. Nigeria, with nearly 200 million people, a growing economy is slowly building up a technology sector of its own.
How Lagos Looked 50 Years Ago
AFRICANGLOBE - Lagos is an ancient maritime town with more than 2,000 years of history. Once Nigeria’s capital, it had a population of a little less than 300,000. But in just about five decades it has grown not only into the continent’s most populous city, but one of the top economic powerhouses.
The Changing Face Of Lagos
AFRICANGLOBE - My recent visit to Lagos has changed my perception of Nigeria’s commercial capital. I can see that the Lagos State government is putting a great emphasis on improving the quality of life of Lagosians. The city is now relatively peaceful and green, while the traffic police tries to turn chaos into order. Efforts to clean up the city are noticeable.
Lagos, Nigeria: Africa’s Big Apple?
AFRICANGLOBE - With tech hubs, a newly wealthy class, and an exploding population, Lagos is forging a model for Africa’s urban future. This spit of land on the Atlantic coast held just 2 million people in the 1970s. It’s now the region’s commercial powerhouse and one of the fastest-growing cities in the world.
New, Privatized African City Heralds Climate Of Apartheid
AFRICANGLOBE - It's a sight to behold. Just off Lagos, Nigeria's coast, an artificial island is emerging from the sea. A foundation, built of sand dredged from the ocean floor, stretches over ten kilometres. Promotional videos depict what is to come: a city of soaring buildings, housing for 250,000 people, and a central boulevard to match Paris' Champs-Élysées and New York's Fifth Avenue.
Repatriation – Advice for Those Who Just Got Back to Africa
AFRICANGLOBE - Here are some tips for anyone who has recently returned from the United States or Europe. When I was growing up, IJGBs – 'I just got backs' – were a rare commodity because in the '80s and '90s hardly anyone ever 'got back'.
Lagos Could Soon Be Africa’s 13th Largest Economy
AFRICANGLOBE - Lagos, Nigeria’s commercial hub, could soon have a US$45 billion economy – equivalent to that of Ghana, according to a recent report produced by Renaissance Capital economist Yvonne Mhango.
Eko Atlantic: A City Emerges From Nigeria’s Ocean
AFRICANGLOBE - Africa's largest land reclamation project, Eko Atlantic City is rapidly taking shape. The overhaul of Victoria Island and the Lekki Peninsula mark another milestone for Lagos's urban renewal.
Nigeria May Emerge World’s 13th Leading Economy By 2050 – PwC
AFRICANGLOBE - Nigeria may occupy the 13th position as one of the leading G20 economies in the World by 2050, a report released by international accounting firm, PricewaterhouseCoopers (PwC) has revealed.
The PwC 2013 report disclosed that with the oil rich West African nation’s projected rise in Purchasing Power Parity (PPP), in terms of Gross Domestic Product (GDP), from $2.6 billion to $3.9 billion by 2050, Nigeria is on its way to become one of the top 20 leading economies by the projected year.
In Nigeria, the Slow, Winding Return of the Train Service
AFRICANGLOBE - The resumption of direct train service between Lagos and Kano by the Nigeria Railway Corporation has been postponed several times in the past. The delay in the resumption of the service, however, ended on Friday, December 21, 2012, when a 20-coach passenger train left the Iddo Railway Terminus in Lagos for Kano.
Lagos to Commence Oil Production by 2014
AFRICANGLOBE - Lagos offshore oil field, Aje gas and condensate field, is set to begin oil production by 2014, the United States Energy Information Administration’s website reported. According to information on the website, the oilfield which lies in Oil Mining Lease 113 in the Benin Basin
Qatar to Invest $390m In Nigeria’s Transport Sector
AFRICANGLOBE - Nigeria and Qatar have finalised plans to sign a memorandum of understanding (MoU) for the investment of $390 million in former’s transport...
Architecture That Saves Nigerians 30% On Building Cost
AFRICANGLOBE - When Lagos, the commercial heart of Nigeria, moved to create more space for its 15 million populace, it went as far as...
Eko Atlantic: A New Mega City Development On the Lagos Coastline
To keep the ocean at bay forever, a wall – The Great Wall of Lagos – is rising. From the Bar Beach Waterfront of...
African Women and Their Hair – An Analysis
AFRICANGLOBE - The other Wednesday night I was sharing a table with South African music icon, Mr. Hugh Masekela, Bra Hugh as everybody in...
Foreign Companies See Big Money-Making Opportunities in Africa
Drawn by the chance to make significant return on investment, foreign companies from the U.S. and Europe are flocking to countries in Africa looking for opportunities...
