Category: Africa
Rise of Fintech Companies in Nigeria
Two decades ago, Fintech was a concept known to only a few individuals in Nigeria. As of 2019, the value of investments made in fintech companies stood at over $460 million. The growth seems explosive. However, the fintech industry grew at that rate because it addressed the vital problems that…
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Survival of the Nigerian Economy: Diversification into Manufacturing and Agriculture for Sustainable Development
The Nigerian economy has found itself in yet another recession. This recent recession was triggered by the fall in crude oil prices and the COVID-19 pandemic. Following these events, the African Development Bank (AfDB) estimates a 3% shrink in GDP and a 1.4% increase in the inflation rate- following the…
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Digital Labour Platforms: Uncovering Africa’s Talent to a Global Community
The challenge of mass unemployment in Africa is only compounded by the burgeoning talent in its labour market. A University of Cape Town study shows that 30 million youths are entering the African labour market every year. Yet, only 3 million official jobs are available each year. Experts have identified…
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CFO’s role in the organisation’s capability building
The general perception of the role of a Chief Financial Officer is usually that of an individual who oversees a company’s financial affairs and facilitates the availability of funds for the actualisation of its goals. While this may be true, the influence of the modern CFO extends beyond the financial…
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