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Miner Lonmin Narrows H1 Loss, Trims Spending Target

Miner Lonmin Narrows H1 Loss, Trims Spending Target

Lonmin said on Monday it narrowed its first-half operating loss and lowered its spending target for the year as the platinum miner prepared for a merger with Sibanye-Stillwater.   The London-listed miner, which is being bought by Sibanye-Stillwater, reported a first-half operating loss of $32 million compared with a loss of $181 million a year […]

World Bank Approves $180 mln Loan Guarantee For Kenya’s Energy Sector

World Bank Approves $180 mln Loan Guarantee For Kenya’s Energy Sector

The World Bank approved a $180 million loan guarantee on Monday for Kenya Electricity Generation Company to help strengthen the financial position of the state-run company, which produces more than 70 percent of the country’s electricity. The guarantee will help in long-term commercial financing of up to $300 million to refinance part of KenGen’s existing […]

In Africa, Costly Data Slows Internet TV’s Growth: Naspers’ Showmax

In Africa, Costly Data Slows Internet TV’s Growth: Naspers’ Showmax

Global entertainment group Naspers is trying to persuade telecoms operators in Africa to offer customers unlimited data to help boost the growth of internet television on the continent. The high cost of data in Africa has hampered the take up of internet TV, even though the number of internet users in the region has grown […]

Orange Seeking Partnerships Rather Than Acquisitions in Africa

Orange Seeking Partnerships Rather Than Acquisitions in Africa

Orange SA is seeking to build partnerships in Africa rather than making major acquisitions or entering new markets as the French phone carrier focuses on its existing businesses in 21 countries on the continent.  Mobile-phone operators in Africa have to increasingly share their investment in infrastructure to reduce costs, Bruno Mettling, Orange’s deputy chief executive […]

Nigeria’s Own Fannie Mae Sets Out to Double Mortgage Loans

Nigeria’s Own Fannie Mae Sets Out to Double Mortgage Loans

After suffering through an economic contraction that restrained demand for housing loans in Africa’s most-populous country, Nigeria’s state-backed mortgage guarantor is anticipating that a return to growth will help double its nascent asset base. Set up four years ago to mimic the U.S.’s Fannie Mae, Nigeria Mortgage Refinance Co., or NMRC, seeks to deepen the […]

The Transformative Power of Human Connection And Why Self-Doubt Is A Waste Of Time

The Transformative Power of Human Connection And Why Self-Doubt Is A Waste Of Time

If you’ve ever wondered what it would be like to run  a company that has done  billions in sales, employs hundreds of people, or operates globally, there’s something in this interview for you. If you’ve ever been curious what it would be like to do this alongside your spouse while raising a family, keep reading. […]

Impressive Lessons From A Successful Disrupter

Impressive Lessons From A Successful Disrupter

For years, the conversation around gender inequity, particularly in the entrepreneur ecosystem and corporate executive ranks, tended to travel one of two paths: either fixing women to act more like men or blaming and shaming men as oppressors. Neither path was successful in creating material differences in the inequity of power, influence, wealth and representation in […]

FAS Hosts Empowering Women In Agriculture In Addis Ababa

FAS Hosts Empowering Women In Agriculture In Addis Ababa

A High Level Breakfast Meeting was organized on January 27, 2018, by Femmes Africa Solidarité (FAS) on the theme Empowering Women in Agriculture (EWA) at the margins of the 30th African Union Summit of Heads of State and Government in Addis Ababa. Chaired by Olusegun Obasanjo, former president of Nigeria, the event was attended by […]

There Are More ‘Wantrepreneurs’ Than Entrepreneurs Out There

There Are More ‘Wantrepreneurs’ Than Entrepreneurs Out There

My latest book Crushing It! explores which social media platform you should select to create a pillar of content that supports your business, but even a well-designed pillar will fall if it isn’t set in a solid base. What usually hamstrings entre­preneurs isn’t merely the mistakes they make when executing their vision, but the mistakes they make […]

Perform A Self Evaluation On Your Journey To Success

Perform A Self Evaluation On Your Journey To Success

I used to define happiness as the enjoyment of the pursuit of your potential. But, my ideas changed as I received more clarity on how exactly to reach your potential, happiness, purpose or fulfillment. I have found that it’s not only the enjoyment of the pursuit of your potential — but the consistent, and persistent, enjoyment of […]

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