10 Inspirational Ventures
Socially-conscious businesses bringing about positive change – from Nigeria's Flying Doctors to Street Champs footballers
1 Good As New
WeCyclers is a waste-management company based in Lagos which incentivises people in lower-income areas to recycle. It uses a points-based system which sends SMS messages to people every time they recycle and awards points, which can be redeemed for gifts. WeCyclers works with FMCGs such as Coca-Cola and collects data about its operations, ...
I’m With The Brand
The retail space in West Africa is experiencing an influx of brands from countries with organised franchise sectors. How is this shaping the market and are local entrepreneurs getting a big enough slice of the pie?
Tony Elumelu, one of Africa’s foremost business people and philanthropists, is also somewhat of a philosopher. He tells Wings the revolutionary effect his concept of Africapitalism can have on the continent, and why it's critical to Africa’s development.
Words Belinda Otas
“Africapitalism is a call to the African private sector to invest for the purpose of catalysing economic development that will lead to prosperity and social wealth,” explains Tony Elumelu, 50, founder and ...
Lay of the Land
Alliance For Agriculture, a new collective of International agribusiness specialists, is the first of its kind. It aims to turn West Africa’s fields of dreams into viable projects. Wings asks Victor Politis — Founder of PRI, a project development and financial advisory firm, “Why an Alliance and who stands to benefit?”
Words Victor Politis
Everyone in the Agriculture Value Chain will benefit from Alliance for Agriculture. There is opportunity to attract investment while delivering ...
Burgeoning African economies are seeing a rise in aspirational consumers with spending power, causing international luxury brands to pay attention. But what impact will this new influx of high-end labels have on the homegrown luxury market?
Words Belinda Otas
Africa has traditionally been a source of raw material. Diamonds have been taken out of Africa, sent to London, and brought back as a luxury item, the most desirable of brands,” says Thebe Ikalafeng, regarded as one of Africa’s ...
Agents of Change
Some people look at the world around them and have a vision of how things can be better. Change agents are individuals who take their ideals and turn them into concrete projects, influencing others and transforming lives. Diane Lemieux asks five inspirational businesspeople what motivates them to make a difference.
Photography Adolphus Opara
Defining an identity for Lagos
‘The best thing about Nigeria,’ says Theo Lawson, relaxing with a beer at the end of a long day at work, ...
The Road To Financing
The key to success for any project is to visualise the destination and work backwards. Before getting on the road, prepare for potential risks.
You are passionate about your vision and believe strongly in its merits. This is undeniably the best place from which to begin to source financing for any project or business. Now step back and focus on what you need to prepare to make your project obvious.
Financiers are always looking for opportunities: But, the road is long, with sudden turns, ...