Rihanna’s Fenty Beauty Expanding Into Africa
May 22nd, 2022
Via Quartz Africa, a report on Rihanna’s Fenty Beauty which is expanding into Africa: Fenty’s planned launch in Africa is perceived as a reaction to the growth of the continent’s beauty and personal care industry which is now valued at over $12 billion. Latest figures show the market could reach $14 billion in 2022, oiled by a […]
Read more »Why Nigeria’s Biggest Telecom Companies Are Getting Banking Licenses
May 9th, 2022
Courtesy of Quartz, an article on why Nigeria’s biggest telecom companies are getting banking licenses: Nigeria is increasingly liberalizing its financial services sector away from a total dependence on banks to include providers with different business models and distribution channels. The latest step in that evolution is the granting of ‘payment service bank’ licenses to […]
Read more »Africa: A Very Bankable Continent
March 20th, 2022
Via Reuters, a report that the African Development Bank has secured $32.8 billion for projects in Africa: The African Development Bank (AfDB) has secured $32.8 billion in investment commitments for projects in Africa, the bank’s president said at the closing of a meeting with investors on Thursday. The largest deal secured at the three-day Africa Investment […]
Read more »Y’ello Future: MTN’s Efforts To Woo Gen Z African Users
March 6th, 2022
Via Quartz Africa, an article on how MTN, Africa’s biggest telcom, thinks its booming fintech and 4G services will woo Gen Z users: Last year in Nigeria, African telecoms group MTN doubled its mobile money transaction volume, deployed 4G in over 9,000 new sites, and bought spectrum for its 5G rollout. On Feb. 27 while unveiling […]
Read more »China’s Investment Drive and Africa’s Disjointed Infrastructure
December 21st, 2021
Via The Diplomat, an article on some of the disjointed infrastructure projects taken up on the African continent by Chinese firms: At Alagomeji, a suburb in Lagos, there is a towering new building housing the Lagos-Ibadan train project. This building is perhaps the most visible testament to the much touted and very aggressive China-Nigeria relationship. […]
Read more »Nigeria’s Cratering Economy May Become Africa’s Biggest Threat
June 15th, 2021
Via Bloomberg, a look at Nigeria’s weakening economy: If there was ever a time Nigeria could have taken off, it was in 1999. Democracy had been restored, with its economy reopening after decades of mismanagement and plunder under military dictatorships. Tomi Davies, a systems analyst, was one of thousands of Nigerians who came home to […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.