The Ethiopian Multi-Millionaire Who Built Africa’s First Marriott Hotel

Apart from Saudi-Ethiopian billionaire Mohammed Al-Amoudi, Samuel Tafesse is arguably the most popular businessman of Ethiopian origin. The 60-year-old real estate mogul is the founder of Sunshine Investment Group, a construction and development company that develops residential, leisure, and commercial properties in Ethiopia and the Middle East. Since its founding in 1983, Sunshine Investment Group has built…

Brand Name Hotels Are Changing the Skyline of Addis Ababa, Ethiopia

Inside the headquarters of Ozzie Business and Hospitality Group, an office that is as small as an ordinary studio apartment in Bole, the exclusive neighborhoods of Addis Ababa, Kumeneger Teketel is multitasking. He is seated comfortably in an office facing the magnificent landmark Bole Medhanealem Church with a view of the capital that is fast…

Nigeria Woos Foreign Investors With Online Business Registration in Absentia

      Nigeria Woos Foreign Investors From UK, USA, China With Online Business Registration in Absentia   OCTOBER 9, 2017 THE Corporate Affairs Commission, CAC, says it has made provisions for foreign investors planning to invest in Nigeria to register their companies from UK, USA and China without coming into the country. Registrar-General of…

Where Are the World’s Best FinTech Centers?

Editorial Comment: The 2018   IFZ Global FinTech Rankings would do well to seriously evaluate the phenomenal fintech revolution taking place in Africa. A visit to Nigeria’s fintech firm, Paga, as well as Yabacon Valley and Co-Creation Hub, Lagos Nigeria; Silicon Savannah, Nairobi, Kenya (along with other tech hubs that have sprouted up in other Kenyan cities and towns, including Mombasa (SwahiliBox),…

The Skills That Will Define the Fintech Leaders of Tomorrow

  FINTECH The Skills That Will Define the Fintech Leaders of Tomorrow Reuters  25 Sep 2017 by David Craig The launch of a fintech peer-to-peer learning platform offers a new model for finance professionals to keep up with the accelerating pace of change. Imagine having to know about everything to be successful in today’s world. New knowledge…

A New Field of Economics Is Emerging Out of Zimbabwe’s Rogue Currency Crisis

A New Field of Economics Is Emerging Out of Zimbabwe’s Rogue Currency Crisis   After defying economic gravity for a year, Zimbabwe‘s homemade US dollars have fallen to earth with a bump. Rumours the central bank was buying up black market US dollars last month with one of its own versions of the currency created panic in a country…

  Africa’s data revolution: Accelerating development through data-driven decision-making   5TH OCTOBER 2017 BY: IN ON AFRICA IOA It is essential that Africa’s data revolution be viewed as the joint responsibility of governments, international agencies, civil society and the private sector. Good quality data enables forward thinking and informed decision-making – both of which are critical in…

South Africa Has Become a Den of Corruption

Corporate reputations are shredded because of ‘state capture’ by private interests David Pilling Bell Pottinger. SAP. KPMG. McKinsey. Each has become sucked into the reputational whirlpool otherwise known as Jacob Zuma’s South Africa. Each has been spat out in varying degrees of dishevelment. Bell Pottinger, the UK public relations company, went into administration after running…

French Major, Total is Exacerbating Intra-Regional Rivalry in East Africa at Its Peril

From BUSINESS 05 September 2017 Total’s power play in east Africa By LUKE ANTHONY PATEY Four years ago, in a villa on a bumpy, rust-colored road in South Sudan’s capital Juba, a manager of the French oil major Total SA (ADR; NYSE: TOT) rolled out a map of east Africa and shared a vision for the region’s oil future. At…