Archive for the ‘Consumer Goods’ category
Sub-Saharan Africa’s growing middle class are “ready to spend their money somewhere”.
Although Nigeria now exceeds South Africa in economic size, it still has a long way to go to reach a similar level of development.
“We as Nigerians always believe that foreign brands are better than locally made brands… which poses a challenge to us.”
The Carlyle Group has seen greater than expected investor interest in a fund focused solely on sub-Saharan Africa.
Investors interested in Nigeria should be prepared, and be in it for the long term.
“Gloo.ng is an outpouring of affection to my wife, and by extension, to all our target users,” says founder.
Restaurant company plans to launch its Mugg & Bean coffee shop chain in Nairobi.
The single-largest investment and business opportunity in Africa will be its rising consumer market.
Domino’s is another US fast food brand entering the African market.
Ghana Bamboo Bikes Initiative co-founder Bernice Dapaah speaks about the challenges of starting a business.
Although they’re putting money aside for a rainy day, African consumers are eager to spend.
Security remains a concern for most African consumers who shop online, a survey finds.
A number of companies are vying to become the Amazon of their respective territories.
“As much as I do use my instinct, I also take calculated risks,” says South African businessman.
With clients around the world and across Africa, Feed Green Ethiopia Exports is seeing business success.