Entrepreneurship Archives - Page 3 of 3

N’Gunu Tiny on Why social entrepreneurship supports local communities throughout Africa

9Feb

By Veselina DzhingarovaNo Comments

N’Gunu Tiny on Why social entrepreneurship supports local communities throughout Africa

Transformative tech and social innovation expert N’Gunu Tiny talks about how social entrepreneurship helps communities in Africa. N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group, is an expert in transformative tech and social innovation. His book Impacting Lives will be published in Fall 2021. Before the pandemic, Africa was surging ahead with local and national developments across all sectors. And COVID-19 isn’t slowing the emergence of social entrepreneurship that is creating ways out of poverty and empowering Africa’s people. From technology to healthcare, grassroots organisations and local communities are fighting to improve local economies. Social entrepreneurship is the key to encouraging this level of development throughout the continent. Social entrepreneurship is...

Dubai-based prominent African entrepreneur and philanthropist, Mahmood Ahmadu, conferred the Forbes ‘Best of Africa’ Award

14Sep

By Neha KaulNo Comments

African News, Events, Nigeria News

Dubai-based prominent African entrepreneur and philanthropist, Mahmood Ahmadu, conferred the Forbes ‘Best of Africa’ Award

The founder and executive chairman of Online Integrated Solutions is one of three leading African business luminaries to receive the prestigious recognition In a virtual ceremony held on September 11th 2020, Mr. Mahmood Ahmadu – founder of Africa’s leading multi-business IT conglomerate – was one of three celebrated business leaders to be presented the Forbes Best of Africa Award for 2020. Mr. Ahmadu received the Award in recognition of the several philanthropic activities he has led and contributed to – in a personal capacity as well as through corporate social responsibility initiatives. The ceremony was part of an online roundtable supported by the World Philanthropy Network, and will feature a keynote address by former Nigerian President, His Excellency Olusegun Obasanjo. Forbes Custom...

How Fintech can help secure the world from the economic impact of viral pandemics

3Jun

By Mahmood AhmaduNo Comments

Fintech, Interview, Main, Nigeria News

How Fintech can help secure the world from the economic impact of viral pandemics

The coronavirus pandemic continues to turn the world and our lives upside down, with the outbreak forcing governments to put into place measures that reduce the risk of contamination, and focus on pre-emptive processes. The strain on the economy is palpable, and is an impending catastrophe that could exceed the crash of 2008, and the Great Depression a century ago, if left unchecked. Besides asking people to practice social distancing and enforcing lockdowns to avoid the spread of the contagion, governments have another source of contamination they need to worry about: banknotes. The latest Fintech innovations can help mitigate the risk of transmission of the virus, by reducing the need to use physical money. Viruses and pathogens are known to live on surfaces for up to 48 hours. Some res...

Mixed-use is the key to funding hotel development in Africa

16Sep

By Africa BusinessNo Comments

Africa Travel, Real Estate

Mixed-use is the key to funding hotel development in Africa

A new report from JLL, the world’s largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals that in the first half of 2019, there was a 42% increase in the value of mixed-use property transactions, whereas there was a decline in other sectors, with Office down 4%, Industrial down 6%, Retail down 20%, Hotel down 18% and alternatives down 40%. Xander Nijnens, Executive Vice-President, JLL Sub-Saharan Africa, explains that the trend is driven by lenders’ approach to risk. He said: “Diversifying risk by including alternative types of property, commercial, retail, hotel and bran...

8Oct

By The African Press OrganizationNo Comments

African News

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women in Business: Policies to Support Women’s Entrepreneurship Development in the MENA Region notes that while MENA governments have made progress over the past decade in closing the gender gap in education, more needs to be done to tackle gender inequality in business. Today, only 27% of women in the region join the labour force, compared to 51% in other low, middle and high-income economies, and only 11% are self-employed, against...

21Aug

By Africa BusinessNo Comments

African News, South Africa News

New Fair Trade Shop Empowers South African Artisans

COLORADO SPRINGS, Colo., Aug. 21, 2012 /PRNewswire/ -- Paradigm Shift, a Colorado-based non-profit, recently launched an online shop. The Paradigm Shift Shop sells Fair Trade South African crafts handmade by microentrepreneurs who have participated in Paradigm Shift's holistic entrepreneurship training program. Around the globe millions work in sweatshop-like conditions, earning barely enough to feed their families. Unfortunately, many consumers are unaware of the exploitation that is often involved in the process of making their goods. Former U.S. president Benjamin Harrison once said, "I pity the man who wants a coat so cheap that the man or woman who produces the cloth will starve in the process." To counter the exploitation of workers around the world, a social movement has e...