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This Woman Rose Above Hurricane Maria And Built A Successful Franchise

This Woman Rose Above Hurricane Maria And Built A Successful Franchise

In the Women Entrepreneur series My Worst Moment, female founders provide a firsthand account of the most difficult, gut-wrenching, almost-made-them-give-up experience they’ve had while building their business — and how they recovered. When Hurricane Maria hit Puerto Rico on September 20, 2018, it left almost insurmountable tragedy in its wake. Although the death toll is widely disputed, one […]

If You Can’t Ask Him How He Manages To Be A Father, A Successful BusinessMan, Don’t Ask Her!

If You Can’t Ask Him How He Manages To Be A Father, A Successful BusinessMan, Don’t Ask Her!

As an entrepreneur, a mother and a member of the oft-discussed millennial generation, I feel I’m being positively pummeled with expectations, joys, demands, judgments and revelations. With too little time and more goals than I can count, I often feel overwhelmed. Yet, despite the dizzying whir of business and life, I feel absolutely certain about a […]

IMF says Cameroon’s Economic Growth To Rise To 4 Percent in 2018

IMF says Cameroon’s Economic Growth To Rise To 4 Percent in 2018

Cameroon’s economy is expected to grow 4 percent this year, up from 3.2 percent in 2017 due to the start of natural gas production and construction work for an upcoming soccer tournament, the International Monetary Fund (IMF) said.   Growth was slower in 20 17 because of a sharp decline in oil output but new […]

U.S. Backs Ivory Coast Project to Produce Power From Cocoa Waste

U.S. Backs Ivory Coast Project to Produce Power From Cocoa Waste

Ivory Coast plans to produce the world’s first energy from cocoa shells by 2020 after the largest producer of the chocolate ingredient clinched U.S. backing to assess the project. The U.S. Trade and Development Agency will fund a feasibility study for a plant producing as much as 70 megawatts from cocoa waste, officials from the […]

Why South Africa Is Ripping Up Its Mining Rules Again

Why South Africa Is Ripping Up Its Mining Rules Again

South Africa’s mining industry is a prime example of the nation’s stark imbalances. Its highly paid, mainly white male executives oversee hundreds of thousands of mostly black workers laboring in deep and dangerous operations. To spread the nation’s wealth more equally, the government revised its mining charter in 2017 to require that companies give more […]

Gold Street Is Where South Africa’s Mining History Goes to Die

Gold Street Is Where South Africa’s Mining History Goes to Die

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville—on Gold Street. That’s where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti Ltd. […]

China’s Tsingshan Mulls $1 billion Steel Plant in Zimbabwe

China’s Tsingshan Mulls $1 billion Steel Plant in Zimbabwe

China’s unlisted Tsingshan Holding Group on Monday signed a $1 billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study. President Emmerson Mnangagwa’s government is trying to woo foreign investors, especially in mining, as part of efforts to revive an economy that suffered in the later years of Robert […]

Ethiopia Opens Up Telecoms, Airline To Private, Foreign Investors

Ethiopia Opens Up Telecoms, Airline To Private, Foreign Investors

Ethiopia said on Tuesday it would open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment, a major policy shift that will loosen the state’s grip on the economy. The East African nation of 100 million people has one of the most closed and controlled economies in Africa. The ruling […]

UNECA Tackles Gender Gap By Funding Women-Led Businesses

UNECA Tackles Gender Gap By Funding Women-Led Businesses

A new fund targeting women-led businesses in Africa will invest up to $500 million over the next decade to increase their participation in investment. The African Women’s Leadership Fund is a brainchild of the United Nations Economic Commission on Africa (Uneca), UN Women, the African Union Commission and the African Women Leadership Network. Uneca executive […]

Kenya’s Central Bank Governor Calls For Regulation Of Fintech Lenders

Kenya’s Central Bank Governor Calls For Regulation Of Fintech Lenders

A boom in lending by financial technology (fintech) firms in Kenya has led to an increase in predatory lending practices, the country’s central bank governor said on Tuesday, calling for the sector to be regulated. Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that […]

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