Africa expansion: Massmart maintains an ‘optimistic but measured approach’ Published by Kate Douglas on 26 August 2016 Massmart, owned by Walmart, wants to open five new stores on the continent (outside of South Africa) over the next two years.
South African companies discover there are no easy pickings in Nigeria Published by Jaco Maritz on 24 August 2016 Over the past decade or so, numerous South African companies have expanded to Nigeria. But many of these investments didn’t live up to expectations.
Why Old Mutual is investing millions in Nigerian property and agriculture Published by Kate Douglas on 23 August 2016 ‘It is not without risk, but the returns are very reasonable relative to that risk,’ says Diane Radley, CEO of Old Mutual Investment Group.
Which African cities will see the fastest growth in consumer spending? Published by Kate Douglas on 17 August 2016 Kenya’s Kisumu, Mombasa and Nairobi will experience over 200% growth in total consumer expenditure from 2015 to 2030.
Currency devaluation: Where are the opportunities? Published by Heleen Goussard and Nicholas Olds on 12 August 2016 While some African countries that are considered great investment opportunities have seen recent currency devaluation, this could create an opportunity for African manufacturers.
Incorrect calculations behind latest shuffle in Africa’s GDP ranking Published by Christie Viljoen on 12 August 2016 Calculations behind recent reports that South Africa has overtaken Nigeria as Africa’s largest economy are incorrect, states KPMG.
Nigeria’s currency woes mean it is no longer Africa’s largest economy – for now Published by Kate Douglas on 11 August 2016 Nigeria has lost its title as Africa’s largest economy (measured in US dollars) to South Africa.
Start-up snapshot: Get a loan based on your social media reputation Published by Justin Probyn on 11 August 2016 Nigerian lending platform Social Lender allows users to access small amounts of credit based on their social media reputation.
Nigerian entrepreneur sees opportunity for organic baby food brand Published by Dinfin Mulupi on 1 August 2016 Debo Adebayo is the founder of Tomi’s Treats, a Nigerian organic food company aimed at babies and young children.
Capitec, Barclays Africa and Atlas Mara: Thoughts from a bank ratings expert Published by Kate Douglas on 29 July 2016 Banking advisory group Lafferty ranks South African banks as world-class and notes strong opportunities across the continent – despite the current struggles banks face.
How this Nigerian built a business by promoting African cultures Published by Dinfin Mulupi on 25 July 2016 Tradition and technology meet in a range of apps and web videos celebrating African heritage and language.
Nigeria’s film industry is taking off Published by Steve Omanufeme on 18 July 2016 The Nollywood film industry is not just about entertainment; it is also a moneymaker.
Africa’s richest man plans refinery to end Nigeria’s fuel woes Published by Chris Stein on 13 July 2016 By refining oil at home, Dangote says importation will end.
Nigeria’s move from a fixed to a floating exchange-rate policy Published by Lumkile Mondi on 12 July 2016 The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by 40%.