African fashion has been at the center of cultural expression within the continent and its diaspora, but has also evolved into a massive business that oozes identity. Renowned Nigerian American fashion designer Busayo Olupona had a vision to create a contemporary fashion brand that would celebrate the Nigerian diaspora which has now grown into the […]
Read more »Via Semafor, an article on American Express’ interest in Africa: Card payments provider American Express rolled out four new credit cards in Nigeria this week, in its push to become a dominant player in Africa’s fledgling credit market. The cards, which are dollar-denominated and target both individuals and businesses, are produced with O3 Capital, a […]
Read more »Via The Africa Report, a look at a US-led partnership to develop the Atlantic coast taking root in Africa: A US initiative launched by Secretary of State Antony Blinken to build closer North-South ties between Atlantic littoral nations is starting to take root in Africa. African states account for almost exactly half of the 38 […]
Read more »Via Bloomberg, a look at how an abrupt decision in November to end fuel subsidies both jump-started a solar future and made electricity more expensive in Africa’s biggest city: Generators are everywhere in Lagos, used by almost everyone in the Nigerian megacity to counteract crippling power outages. Those living in upscale gated communities or working […]
Read more »Via Al Monitor, an article recent agreements between Saudi Arabia and multiple African countries: Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa. The Saudi Fund for Development plans to sign agreements worth some 2 billion riyals ($533 million) with African […]
Read more »Via CBS News, an article on a new UN report that the global population will hit 8 billion this year, with more than half of the rise forecast in the world’s population in the coming decades will be concentrated in eight countries – Democratic Republic of Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and Tanzania: […]
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