Category Archives: Africa

The rise of a new Tribe

The Cambridge dictionary defines a tribe as a group of people, often of related families, who live together, sharing the same language, culture and history. It is in this light that tribe in this piece has been used to describe … Continue reading

Posted in Africa, Agriculture, E-Commerce, Entrepreneurship, Finance, Fintech, Gas, Governance, Innovation, Inspirational, Lagos, Liquefied Petroleum Gas, LPG, Nigeria, Payment Solutions, Personal Development, Politics-, Social Media | Tagged , , , , , , , , , , , , , | Leave a comment

Want To Make Money In Africa? Start by Solving Any of These 5 Serious Challenges

When most people look at Africa, there are two very strong but opposite images that emerge: Some see a continent where there are too many challenges and others see a land of vast opportunities. The interesting thing is, Africa’s biggest … Continue reading

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11 Business Opportunities in Africa That Could Make More Millionaires in 2018

The term “millionaire” is taking on a new meaning in Africa. It’s no longer just about the size of your bank account; any shady politician, corrupt bureaucrat, or unscrupulous businessman on the continent can easily claim to be a millionaire. … Continue reading

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Social investment has higher returns than infrastructure

In March 2018, principal founder of Microsoft and co-chair of the Bill and Melinda Gates Foundation, Bill Gates, was in Nigeria. He came into the country quietly but he did not leave without stirring up a hornet’s nest. While speaking … Continue reading

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Raising the effectiveness of philanthropy in Nigeria

Growing up, I watched my dad engage in several philanthropic activities. He gave to people and causes he cared about. Much of the beneficiaries of these philanthropic deeds were extended family members, the local community, friends and religious organizations. Sometimes, … Continue reading

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The content of Nigeria’s foreign exchange reserves

On Monday 20 March 2018, The Guardian Newspapers published an article by Contributor Feyi Fawehinmi titled, “What’s Inside Nigeria’s Foreign Exchange Reserves”. In this article, the writer describes and discusses his perceived rationales for the increase in the country’s Foreign … Continue reading

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What’s the fuss about foreign exchange reserves?

Earlier in March 2018, the Central Bank of Nigeria (CBN) announced that the country’s foreign currency reserves were steadily growing and that the reserves stood at $43 billion. This represented almost 100 percent increase from about $23 billion recorded in … Continue reading

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Konga and Nigeria’s e-commerce industry

  In my column of last month, I wrote about Nigeria’s retail industry and its potential to become the country’s next big industry. I also touched briefly on the gains made by the domestic e-commerce sector. Unfortunately, soon after the … Continue reading

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Budget 2018: Buhari should implement bold fiscal reforms

On November 7, 2017, President Muhammadu Buhari presented the 2018 budget to a joint session of the National Assembly. The N8.6 trillion budget proposal was tagged, “Budget of Consolidation.” While it is commendable that the administration presented the budget earlier … Continue reading

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Making the economic republic of Lagos great

During my recent visit to Lagos, not unlike the previous ones, I had the opportunity to observe and scrutinize the energetic metropolis. This often required me to take off my Nigerian lenses and put on the lenses of a tourist, … Continue reading

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