Left to right: Hardy Pemhiwa, Sola David-Borha, MD Ramesh, and Sabine Dall’Omo This article is a summary of a panel discussion at Deloitte’s Africa in 2018 Outlook Conference, which featured MD Ramesh, the president and regional head of South and East Africa for Olam International; Sola David-Borha, the chief executive for Africa regions…
Ghanaian entrepreneur finds success by growing and selling coconuts
Adowarim Lugu-zuri (right) with two of her team members. Adowarim Lugu-zuri, CEO of Wazuri Ghana Limited, sees untapped opportunity in Ghana’s coconut industry. How did this all start? For most young students being at university is the ideal time to enjoy your life, lounge around with friends, watch movies and…
The journey so far: Nadayar Enegesi, co-founder, Andela
Nadayar Enegesi Nadayar Enegesi is a co-founder and director of learning and development at Andela, a company that trains African developers and hires them out to global tech companies. Andela has offices in the US, Nigeria, Kenya, and Uganda. 1. Tell us about one of the toughest situations you’ve found…
Cross-border e-commerce a significant growth opportunity for African companies
Steve Burd Delivered by DHL Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL report, cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020 (from US$300bn to…
The richest woman in South Africa shares her career journey
Wendy Appelbaum This week on Profit Point, a segment that airs on ‘CNN Marketplace Africa’, South Africa’s richest woman Wendy Appelbaum discusses how she started her own wine business due to her experiences of being in boardrooms. Despite being the daughter of Donald Gordon, founder of the Liberty Group, Appelbaum…
Investment trip: Finding pearls in Uganda, the heart of Africa
Below is a trip note published by Old Mutual Investment Group after its Equities team visited Uganda. Uganda is a landlocked country in East Africa, and about the size of Germany. It is a source of the Nile River and is home to coffee, mountain gorillas, the last king of Scotland and…
Africa: The time to prepare a favourable economic environment for the youth bulge is now
Africa has the fastest-growing and most youthful population in the world. Over 40% are under the age of 15 and 20% are between the ages of 15 and 24, which corresponds to the African Development Bank’s (AfDB’s) youth definition. According to the 2017 revisions of the United Nations World Population…
Kenyan businesswoman shares advice on building a thriving tech company
Hilda Moraa This article is an excerpt from the book Founding Women, by Eunice Baguma Ball, which features the stories of 20 inspiring African women tech entrepreneurs. *** Hilda Moraa is a Kenyan fintech entrepreneur. She is the founder and CEO of Pezesha, a peer-to-peer micro-lending marketplace for Africa that provides…
Interview: DSGE modelling for improved growth strategies in Africa
Prof. Mthuli Ncube In the interview below, Prof. Mthuli Ncube, the managing director and head of Quantum Global Research Lab, talks about DSGE modelling and what it can do for the African economy. 1. How has macroeconomic research become integral to Quantum Global Group’s investment approach? As part of the wider…
The journey so far: Erwin Spolders, CEO, REDAVIA
Erwin Spolders Erwin Spolders is the founder and CEO of REDAVIA, a solar rental company that provides rental solar farms to businesses and communities in West and East Africa. 1. Tell us about one of the toughest situations you’ve found yourself in as a business owner. Every start-up business has…