Enugu State Governor, Peter Mbah (2nd L); Founder & CEO, Del-York Group, Linus Idahosa (2nd R) Nigeria’s Enugu State government has just signed a multi-million dollar joint venture agreement with the Del-York Group to construct ‘The 042 Arena and Entertainment Park’ – a multi-purpose sports and entertainment hub designed to focus on key areas of development, training, innovation, education, talent discovery, hospitality, entertainment among other areas of interest. On completion, the sports arena will reportedly house the following facilities: training space, athlete housing, a physical therapy and sports medicine centre, and a performance centre, among. The entertainment park will house…
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Late Kofi Annan: Nobel Peace Prize laureate, Secretary-General of the United Nations between 1997 and 2006, and the founding chair of the Kofi Annan Foundation The Austrian Federal Chancellery, together with the Kofi Annan Foundation, invites entrepreneurial start-ups with a proven business model and a demonstrated social impact to submit their business plans in order to bring their impact to scale and benefit as many Africans as possible. With a grant of EUR 25000 available to nine social enterprises, the focus of the 2024 edition of the Kofi Annan Award for Innovation in Africa (KAAIA) is on Sustainable Development Goal…
Mike Adenuga (Chairman & CEO at Globacom) According to Forbes’s real-time billionaire ranking, Othman Benjelloun, at 91 years of age is the oldest billionaire on the African continent, and holds the 2050th position among the oldest billionaires in the world. He is followed closely by 82-year-old Christoffel Wiese, who ranks 2301th globally. The figures below represent the net worth of Africa’s oldest billionaires, as at January 22, 2024. RankNameAgeNetworthCountryIndustry1.Othman Benjelloun91$1.4 BillionMoroccoBanking and Insurance2.Christoffel Wiese82$1.2 BillionSouth AfricaRetail3.Issad Rebrab80$2.5 BillionAlgeriaFood4.Youssef Mansour79$1.3 BillionEgyptDiversified5.Nicky Oppenheimer78$9.4 BillionSouth AfricaDiamonds6.Mohamed Mansour75$3.3 BillionEgyptDiversified7.Michiel Le Roux74$1.2 BillionSouth AfricaBanking8.Johann Rupert72$10.2 BillionSouth AfricaLuxury goods9.Koos Bekker71$2.6 BillionSouth AfricaMedia and Investments10.Mike Adenuga70$7.0 BillionNigeriaTelecom and…
Dorothy Sokefun-Olokodana Dorothy Olokodana is the Founder of Organic Dorothy (suppliers of handcrafted ferments and nourishing wholefoods), and the brand’s Kombucha tea is making the rounds as a brew of choice. In her words: “Kombucha is a fermented beverage, and its basic ingredients are tea, sugar, a scoby (Symbiotic Culture of Bacteria and Yeast) and water. These ingredients are left for some time to ferment – the same way that all coffee and chocolate are fermented. “The Organic Dorothy Kombucha tea is a living drink whose surprisingly unique flavour comes from using traditional fermentation techniques alongside high-quality ingredients in a…
Roosevelt Ogbonna (Managing Director, Access Bank) Access Holdings has announced that its subsidiary, Access Bank, will be acquiring a majority stake in Uganda’s Finance Trust Bank, subject to approval from the Central Bank of Nigeria (CBN) and the Bank of Uganda. In the new deal, Access Bank will hold 80% of shares in the East African financial institution. The definite agreement was disclosed by Sunday Ekwochi, Access Holdings’ Secretary, in a statement submitted to the Nigerian Exchange Limited (NGX) for the investment public and involves the institutional shareholders of Finance Trust Bank. This deal comes amidst struggles by Ugandan commercial…
Founder of Chess in Slums Africa, Tunde Onakoya, has become a sensation once more, this time for playing 10 simultaneous chess matches, and winning every single one of them. Says Tunde: “On day two of the Digital Life Design (DLD) conference, I played a simultaneous chess match against 10 players at once. After an almost two-hour battle of wits, I managed to win all the games. The Chess exhibition helped us raise enough money to support the education of 100 children in our academy.” Tunde Onakoya 9Founder, Chess in Slums Africa) Chess in Slums Africa very recently signed a three-year…
Anne Ngozi Agbakoba My name is Anne Agbakoba, Publisher of Bank & Entrepreneur Africa – and we have just formally launched our #ItsToughEnough campaign – an audacious online initiative that harnesses the know-how of world-leading entrepreneurial experts to help take citizens of Africa from idea (or even no-idea) stage to viable business. Our first expert volunteers are Marc Goldberg (founder, Marc Goldberg Photography) and Precious L. Williams (founder, Perfect Pitches by Precious) who have both volunteered to share their expertise with every ambitious Nigerian through Masterclass online sessions, in February 2024. Marc kicks off with what he calls ‘low-hanging fruit’…
A projector is hardly what you would call a personal gadget, but Samsung thinks otherwise. The Samsung Freestyle Portable Projector is built for portability – simply plug it into your laptop via the USB-C or HDMI ports (or cast via Android/iOS) and point it at any surface. With a 1080p resolution, 360-degree speaker, and a screen that ranges between 30 and 100 inches, this gadget is definitely small but mighty. The Freestyle is also available at Amazon. Price: $599
If you were to walk into The Maxwell-Scott atelier in Italy is renowned for the its earthy, subtly sweet scent – an aroma that is traceable to the company’s Vachetta (a traditional and sustainable method of tanning leather). The result is premium full-grain leather, responsibly sourced and in its purest form. Ladies: The Fabia Women’s luxury work laptop-handbag, The Fabia, is a quality leather 15-inch laptop handbag whose sleek design combines a smart look with distinct functions that provide plenty of space for your daily business essentials. The spacious interior features three compartments, including a middle zipped pocket and a quilted 15-inch laptop /…
(L-R) 5G launch: Uche Ofodile (CEO, MTN Bénin) welcomes Aurelie Ilimatou Adam Soule (Minister of Digital and Digitalisation) 📸 MTN Bénin MTN Bénin is set to deploy its 5G network, which will provide subscribers with enhanced digital experiences and significant technological advances. During her strategic visit to the company, Aurelie Ilimatou Adam Soule (Bénin’s Minister of Digital and Digitalisation) and her delegation were shown, first-hand, the potential of 5G technology as the foundation for a modern and connected world – in terms of transmission speed, reduced latency, and increased capacity. Says Uche Ofodile (CEO, MTN Bénin): “MTN Bénin showcased a few examples of…