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Africa’s testing ground

Africa’s testing ground | FMCG-FDI-AFRICA | Scoop.it
IN 2001 MTN, a fledgling telecoms company from South Africa, paid $285m for one of four mobile licences sold at auction by the government of Nigeria. Observers...
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Nigeria almost doubles GDP in recalculation - FT.com

Nigeria almost doubles GDP in recalculation - FT.com | FMCG-FDI-AFRICA | Scoop.it
Nigeria overtook South Africa on Sunday to become Africa’s largest economy and 26th largest in the world after the government released updated figures that nearly double estimates for gross domestic product. As a result of the statistical revision,
Aderounmu Babafemi's insight:

Nigeria truly on the rise? Definitely this increase in GDP value doesn't reflect on the quality of life "yet". I hope we can transform this upside into sustainable development and improvement in the quality of life.

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Mobiles aid Africa’s women farmers - FT.com

Mobiles aid Africa’s women farmers - FT.com | FMCG-FDI-AFRICA | Scoop.it
Mobile airtime is as precious to Lucia Njelekele as the chicks that are her livelihood. The poultry farmer relies on her mobile phone: for real-time information about demand for her 3,000 livestock from one of Tanzania’s biggest supermarkets; to
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Forbes Africa September 2013 - Behind the scenes with Ladi Delano - YouTube

Restless millionaire Ladi Delano dropped out of college, worked in finance and made a fortune selling vodka to the Chinese. Now, this Yoruba-speaking entrepr...
Aderounmu Babafemi's insight:

Inspiring figure!  May be a trust fund kid like my  very good friend would say. Regardless,  he  reminds me of the journey ahead. He built a 50% market share Vodka company at age 22 in China, a red tape market. Sells off the company to a rival for $15million and moves on the next business venture. 

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Nissan to build cars in Nigeria - FT.com

Nissan to build cars in Nigeria - FT.com | FMCG-FDI-AFRICA | Scoop.it
Nissan will become the first global carmaker to build cars in Nigeria since west Africa’s largest economy rolled out a policy to tempt investors into its nascent automotive industry.
Aderounmu Babafemi's insight:

My first scoop, Many more head.

 

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Ashish J. Thakkar: Shaking Africa's business universe

Ashish J. Thakkar: Shaking Africa's business universe | FMCG-FDI-AFRICA | Scoop.it
At 31, Ashish J Thakkar is being touted as Africa‘s youngest billionaire. His business empire spans the continent. Ironically, his family was expelled without a penny from their home in Uganda by the infamous Idi Amin. But love for the African soil ran deep. Despite a series of mishaps, the Thakkars kept faith in the continent and have now returned, determined to help transform the fortunes of the continent. African Business met Ashish J Thakkar and here are our impressions of the young man who wants to shake Africa’s business universe.
Aderounmu Babafemi's insight:

Putting Africa on the Map through sheer dedication, persistence and diligence. The least we can all do!

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You don't need an app for that

You don't need an app for that | FMCG-FDI-AFRICA | Scoop.it
Are the simplest phones the smartest? While the rest of the world is updating statuses and playing games on smartphones, Africa is developing useful SMS-based solutions to everyday needs, says journalist Toby Shapshak. In this eye-opening talk, Shapshak explores the frontiers of mobile invention in Africa as he asks us to reconsider our preconceived notions of innovation.
Aderounmu Babafemi's insight:

Africa awaits, the bravest and smartest will win. The benefits and potential gains outweigh the risks

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Ten Young African Millionaires To Watch

Ten Young African Millionaires To Watch | FMCG-FDI-AFRICA | Scoop.it
A handful of young Africans in their 20s and 30s who have built businesses and amassed enviable million-dollar fortunes. These are the entrepreneurs to watch.
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Ladi Delano on Forbes list...

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Quick Access to Key Economic and Industry Facts and Figures | Africa Strictly Business

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Nissan to build cars in Nigeria - FT.com

Nissan to build cars in Nigeria - FT.com | FMCG-FDI-AFRICA | Scoop.it
Nissan will become the first global carmaker to build cars in Nigeria since west Africa’s largest economy rolled out a policy to tempt investors into its nascent automotive industry.
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Aderounmu Babafemi's curator insight, October 22, 2013 8:58 AM

My first scoop, Many more head.