MINT & Africa developping seeds for opportunities
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Kenya feels Brexit effect as UK vote threatens Africa trade deal - FT.com

Kenya feels Brexit effect as UK vote threatens Africa trade deal - FT.com | MINT & Africa developping seeds for opportunities | Scoop.it
One fruit and vegetable exporter who said his margins for vegetable exports to the EU were currently 5-8 per cent, said the imposition of tariffs would force him to stop trading with the bloc. “If we earn less than what we are it makes more sense to stop producing and put the money in the bank,”
LucWarnotte's insight:
Tanzania and Uganda refused to sign a proposed regional trade deal with the EU over concerns about “the uncertainty in EU after the exit of UK”. The failure threatens Kenya’s €1.1bn annual flower and horticulture exports to the EU, because if the agreement is not signed by October 1 the goods will incur tariffs Kenya could face tariffs of 4.5-19.5 per cent. With margins for vegetable exports to the EU averaging 5-8 per cent, the imposition of tariffs could force producers to stop trading with the bloc. “If we earn less than what we are it makes more sense to stop producing and put the money in the bank,”
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UK groups plot west Africa push as Ebola retreats - FT.com

UK groups plot west Africa push as Ebola retreats - FT.com | MINT & Africa developping seeds for opportunities | Scoop.it
The first direct flights from London to Sierra Leone since August 2014 are ready to depart as early as this Friday, reflecting growing business confidence that west Africa is starting to recover from the devastating Ebola epidemic. The Department
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Cinesah festival

Cinesah festival | MINT & Africa developping seeds for opportunities | Scoop.it

We sponsor the first Cinesah Festival in Garoua (Cameroun)

LucWarnotte's insight:

Our sponsoring enables 15 children’s participate to photography workshops 23rd to 28th October. The best one’s will be exposed during the CinéSah Festival 29/10-1/11

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Africa is ripe for investment; seven of the 10 fastest growing economies today lie in the continent.

Africa is ripe for investment; seven of the 10 fastest growing economies today lie in the continent. | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Beyond estab-lished markets of  markets of South Africa, Nigeria and Kenya, Ghana is on course to be the world’s eighth fastest-growing economy between 2011 and 2015, countries such as Angola and Mozambique moved up the ranks. Rwanda, Tanzania, Zambia and Uganda become new entrants in the top 10 list in 2013 with an increase of more than 20%.

Foreign Direct Investment  in North Africa declined by nearly 30% due to political instability but projects in Sub Saharan Aafrica increased by 4.7%.

 

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Standard Chartered says 16 percent Africa revenue growth sustainable | BusinessDay

Standard Chartered says 16 percent Africa revenue growth sustainable | BusinessDay | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

If you look at World Bank data 7 of the top 10 fastest-growing economies over the next 10 years are projected to be in Africa.

Growth in Africa will be led by Nigeria, Ghana, which has a history of good economic and political governance, Kenya and Angola

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Microsoft 4Afrika Injects Cash Grants into Access.mobile, Africa 118, Gamsole, Kytabu And Save & Buy

Microsoft 4Afrika Injects Cash Grants into Access.mobile, Africa 118, Gamsole, Kytabu And Save & Buy | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Microsoft Corp. has awarded access.mobile, Africa 118, Gamsole, Kytabu, and Save & Buy under its Microsoft 4Afrika in a bid to seee them build scalable products.

The five startups are the first set of recipients and were selected based on the uniqueness and scalability of their solutions, their business models and the relevance of the key problems they are addressing. The solutions and apps developed by the startups are relevant to consumers and the African market, ranging from agriculture, education and consumer (gaming).

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Davos sees potential of Africa, and SA’s barriers - Opinion | IOL Business | IOL.co.za

Davos sees potential of Africa, and SA’s barriers - Opinion | IOL Business | IOL.co.za | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

The African continent is recognised as one of the last frontier markets, consequently its potential as a foreign investment destination is being given serious consideration by both the developed and emerging markets. Sub-Sahara African economies have, in general, achieved GDP growth rates of about 6 percent.

It is forecast that these growth rates can be maintained for the foreseeable future.

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Rise of mobile computing fosters new tech hubs - FT.com

The rise of mobile computing is fostering a fresh round of tech start-ups around the world, turning cities such as New York, Tel Aviv and Berlin into magnets for entrepreneurs hoping to cash in on the boom in smartphones and tablets.
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François Hollande promises tax cuts for French business - FT.com

LucWarnotte's insight:

Holland’s announcement is in the frame of New year address:

cut public spending (€15bn in savings this year, followed by €50bn over the following three years)

reduce taxes (To date, the government has implemented a €20bn tax break for companies in a bid to restore competitiveness)

ease the burden of onerous labour regulations on business (€30bn cut in social charges would shave some 5.4 per cent off average total wage bills for employers)

propose three initiatives for the EU with Germany,

to harmonise economic policies, including corporate taxes,

to co-ordinate energy policy and

to forge a European defence policy – all longstanding French policy wishes

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Bethlehem Tilahun Alemu. Ethiopian, Founder, Sole Rebels - African Businesswoman of the year

Bethlehem Tilahun Alemu. Ethiopian, Founder, Sole Rebels - African Businesswoman of the year | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Bethlehem Tilahun Alemu came up with her business idea after watching her friends and neighbors in the Ethiopian village of Zenabwork, near Addis Ababa, struggling to make a living. She wanted to put their artisan skills to use, and so set up a footwear brand based on a traditional recycled car tire soled shoe.. She now employes more than 90 persons

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Most African countries will be middle income by 2040

LucWarnotte's insight:

Vision 2063— got African ministers of finance to approve the idea of transforming African economies and shift from agriculture into industrial and service sectors.

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Kenya: New links for growth

Kenya: New links for growth | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Kenya’s economy is projected to grow at 6% in 2013, driven mainly by increased investments given the peaceful political transition, as well as increased tourism and exports

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Stanford SEED opens in Ghana | The African World

Stanford SEED opens in Ghana | The African World | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

The SEED (Stanford Institute for Innovation in Developing Economies ) project primarily aim to change lives and transform businesses in the country and the sub regions of West Africa selected 29 small scale companies from Nigeria, Sierra Leone, Nigeria and Ivory Coast had been listed to be trained

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Images Francophones - Gros plans - Cinesah Festival : le Nord Cameroun fait son cinéma pour cette première édition

Le Festival du Cinéma au Sahel Cinésah Festival 2015 a fait l'objet d'atelier d'initiations à la photographie

LucWarnotte's insight:

"De nombreuses personnes en voyant le résultat des dix heures de cours qu'ont suivi les enfants avaient encore du mal à croire que toutes ces photos avaient été réalisées par des enfants aussi jeunes"

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Cinéma : Le festival CinéSah met le Septentrion à l’image ! – CulturEbene

Cinéma : Le festival CinéSah met le Septentrion à l’image ! – CulturEbene | MINT & Africa developping seeds for opportunities | Scoop.it

We sponsor the first cinesah festival in Garoua (Cameroun)

LucWarnotte's insight:

Our sponsoring enables 15 children’s participate to photography workshops 23rd to 28th October. The best one’s will be exposed during the CinéSah Festival 29/10-1/11

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For DPI’s Runa Alam, Africa’s Opportunities Far Outweigh Its Risks

For DPI’s Runa Alam, Africa’s Opportunities Far Outweigh Its Risks | MINT & Africa developping seeds for opportunities | Scoop.it
The co-founder of pan-African private equity firm Development Partners International sees great promise in the region’s growing middle class.
LucWarnotte's insight:

For Runa Alam Insurance is a promising sector in Africa considering

- insurance is less than 1% GDP

- growing population

- more countries have lwas that require cars to be insured

Health Care and private universities also have bright future.

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Masiyiwa, Rotich in Fortune’s 50 greatest leaders

Masiyiwa, Rotich in Fortune’s 50 greatest leaders | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Juliana Rotich, co-founder and executive director of Kenyan crowdsourced mapping platform Ushahidi, has been listed on Fortune Magazine’s annual list of the world’s 50 greatest leaders.

Rotich ranked at number 47 beacause she reimagined what technology can do: Non-profit Ushahidi has helped seed the fast-growing East African tech industry and reimagined what technology can do. Witness its crowdsourced mapping platform, which helps communities track everything from violence to floods

 

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Rwanda signs $24m deal for solar power plant near Kigali - FT.com

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The Rwandan government is aiming to connect half its population of 11m people to electricity by 2017. It says access to power has increased from 6 per cent of the population in 2008 to 16 per cent in 2012.

The Rwandan solar plant is being financed by a consortium of equity investors and debt providers including Dutch development bank FMO and Norwegian development body Norfund. It also received grants from bodies funded by governments including the UK and US.

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14 really cool African tech startups worth watching in 2014

14 really cool African tech startups worth watching in 2014 | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Africa currently has about 45 innovation hubs and co-creation labs, which are spread out across the continent. With more than 600 million connected mobile devices and a growing working class, entrepreneurship is perceived as a viable profession.

These fourteen companies represents just some of the amazing things being developed in Africa and entrepreneurs disrupting industries

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Fusionex profits rise shows appeal of big data - FT.com

LucWarnotte's insight:

Fusionex, a Malaysian enterprise software company, beat analysts’ expectations in its first set of full-year results, released on Wednesday. Revenue growth was fastest in Europe, but Asia is the company’s biggest market

Fusionex is focusing on the development of tools to help businesses sift and analyse the huge amounts of data they generate, and to use them to provide commercial insights and predictions.

It is also moving its customers away from paying licensing fees and towards a higher-margin subscription model

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Car dealer with fast acceleration - FT.com

LucWarnotte's insight:

Vertu Motors’ CEO Robert Forrester had a plan: to set up a company that would grow rapidly by buying up the multiplicity of dealerships in the fragmented UK motor retail sector and integrating them into a single, well-funded and clearly focused business.

Vertu’s turnover is forecast to exceed £1.6bn this year, with pre-tax profit approaching £16m. It now has 3,600 employees, 104 dealerships and sell 110,000 cars a year

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YALI initiative is to advance U.S. understanding of and access to Africa’s youth population and encourage African youth to contribute to development at home | Bella Naija

LucWarnotte's insight:

The intent of the YALI initiative is to advance U.S. understanding of and access to Africa’s youth population and encourage African youth to contribute to economic, political, and social development at home.  The Obama administration created YALI in 2010 as a means of prioritizing U.S. government efforts to empower the next generation of African leadership.

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Venture capitalists give push to Nigeria’s technology start-ups | BusinessDay

Venture capitalists give push to Nigeria’s technology start-ups | BusinessDay | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

Nigeria is brimming with fresh opportunities in Information Technology  industry, on course to become Africa’s largest technology hub by 2020. Read here several examples of Nigerian software companies raising funds as well as seed capital initiatives

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Growing Nigeria’s Economy Through Adequate Road Network Investment

LucWarnotte's insight:

Experts affirm that there is a strong positive correlation between a country’s economic development and the quality of its road network because roads are an integral part of the transport system. Nigeria’s Vision 20 requires that road network in the country must increase from the current 193,000 to over 300,000 kilometres (km) by 2020.

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Diary Of An Under 30 CEO: The Paper Bag Emperor

Diary Of An Under 30 CEO: The Paper Bag Emperor | MINT & Africa developping seeds for opportunities | Scoop.it
LucWarnotte's insight:

YELI Paper Bags limited: perfect example of startup success

The opportunity: In 2008, the Ugandan government leaned towards imposing a ban on the use of the polythene plastic bagThe solution: sixteen-year old Andrew Mupuya perceived this ban as a great market opportunity to start a business of environmentally friendly paper bagsReasons for successPositioning: paper bags are renewable resources versus plastic bags remain in the soil for centuries, defiling the soil, preventing it from replenishing its nutrients, and rendering it barrenContinuous innovation:

                                       i.    Quality of product: focus on the paper bags in terms of variety and quality making the product better and then focus on growing the market

                                      ii.    Its ongoing foray into minimizing environmental destruction: Andrew hopes to start using recycled paper next year. When making the paper bags, there are a lot of cuttings that we do not use, the bits and pieces that are left out in the process. He wants to start recycling those

Use challenges as a catalyst and source of improvements (from negative peer influence to competitors)People: employing trusted lieutenants that are helping with daily commitmentsPartnerships with environmental bodies and interested Agencies to sensitize the community about the environmentVision: In 2015 Andrew Mupuya wants to employ 60 people and have built a paper bag making plant that would result in a cleaner Africa, whose beautiful landscape is free of the litter of plastic bagsResults:YELI was the first Ugandan registered paper bag and envelope producing company, and has a staff compliment of more than 14 peoplethe Anzisha Prize (USD $30,000) - the premier award for Africa’s young entrepreneurial leaders from African Leadership Academy’s Center for Entrepreneurial Leadership -.Over half a million paper bags produced by 2012
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