How Entrepreneurial leadership can help multinational businesses navigate the West African market
According to the Brookings Institute, the African market is renowned for its volatility, near hostile environment, and vast growth potential. The West African market, in particular, has a high population density, favourable weather conditions, renewables, natural resources, and whatnot. Given the resources that this region has, the expectation of the…
Read More
How Renewable Energy Can Mitigate the Impact of Africa’s Power Shortage Problems
In 2019, the African Development Bank reported that over 640 million Africans lack access to electricity. That year, the International Energy Agency also projected that Africa’s annual energy consumption stands at 514kWh, compared to the 700tWh needed for the continent’s economic development. Instability in energy provision and disproportionate energy consumption…
Read More
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…
Read More
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…
Read More
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…
Read More