Africa is making tremendous strides towards developing and transforming its sectors to build a bright future. However, we need to empower the youth’s aspirations by providing a platform and meaningful resources to transform Africa. Africa’s youth are burning with a desire to change the status quo and are spearheading efforts that not only reflect their

Running a successful small business is never an easy task and doing such a task in Africa has its additional challenges. An African entrepreneur is faced with a lack of a skilled workforce, an unreliable infrastructure, and political barriers. However, with perseverance, the correct ideals, and a global/local outlook, one can overcome and create a

Conventional wisdom holds that Africa’s fortunes have dimmed, due primarily to lower oil and commodity prices. To be sure, foreign direct investment in Africa dropped 46% in the second quarter of 2016, according to the Organization for Economic Cooperation and Development. An Ernst & Young report, quoted by the Web site IOL.com, notes that “investor

African entrepreneurialism has reached historic peaks in recent years and the entrepreneurial spirit in Africa is booming. Young entrepreneurs are feeling more positive about the prospects of successful business. It is important to understand why this economic activity is occurring now. The Harvard Business Review explains how historical events that transpired across the globe led

There is indeed a corporate sector in Africa and it is thriving. According to a report by McKinsey, there are 400 companies on the continent with annual revenue of $1 billion or more. Another 700 enterprises have revenues of more than $500 million. Yet these numbers only tell part of the story. For Africa to

Africa offers a vast and fast-growing consumer market. A billion people live on the continent, with the population expected to double by 2050. Not only do African consumers represent a world of opportunity, they also want a quality experience, the same as other customers across the globe. Africa’s consumers are flourishing due to a variety

Contrary to conventional wisdom, Africa has a corporate sector. A new report by McKinsey counts 400 companies on the continent with annual revenue of more than $1 billion, and notes they are growing faster, and are more profitable, than their global peers. Half of these companies are African-owned, 40% are publicly-traded, and between 10% and

Africa holds great potential as we move forward into the 21st Century. In recent years, U.S. policy initiatives have recognized Africa’s growing significance. In 2014, President Obama welcomed leaders from across the continent to Washington for the first US-Africa Leaders Summit, the largest event any U.S. President has held with African heads of state and

Making travel on the continent easier can boost tourism revenues and increase employment. Earlier this year, the African Union launched a national passport, an electronic passport, which will eliminate visa requirements for Africans traveling to any country on the continent. The common e-passport was issued initially to heads of state and senior officials, with the

The African continent has some of the world’s fastest-growing economies, but some are seeing hard times because they rely on crude oil. Since the crude oil price has now dipped below $50 a barrel for the first time since May 2009, the African oil-producing countries are facing some serious financial difficulties. Nigeria, which has been