business 6 results

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? Words Nana Ocran While the vibrant street level markets are still dominant, West Africa is experiencing an invasion of brands from countries with organised franchise sectors. Franchisors need this region for the kind of growth that is no longer possible at home. In the process, ...

People Inc.

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 ...
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Africa Luxe

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 Theo Lawson 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, ...