Ventures Africa - African Business, Financial & Economic News
WEB2nd Gender Impact Investment Summit to Underscore Financing Opportunities for Women-Led Investments. The Impact Investors Foundation (IIF), Nigeria’s leading platform for unlocking impact capital, is proud to announce the 2nd Gender Impact Investment Summit, an event dedicated to closing the gender financing gap by advocating for women-centric...
Leaving the Tarmac: Buying a Bank in Africa, a book by Aigboje Aig ...
WEBOn Monday, the 29 th of March 2021, Aigboje Aig-Imoukhuede, former CEO of Access Bank, will launch his new book Leaving the Tarmac: Buying a Bank in Africa.The book tells the story of how Aigboje Aig-Imoukhuede and Herbert Wigwe took a leap of faith and purchased an ailing bank in 2002, which they would go on to transform into an institution that has had a profound and long-lasting impact on ...
Illovo: Leading The Business Of Sugar Production In Africa
WEBMay 5, 2012 — Established in 1891, Illovo, is currently one of the leading sugar producers globally with 47% of its revenue from South Africa. As one of the oldest sugar company in the world, Illovo prides itself as a low-cost sugar producer and a significant manufacturer of high-value downstream products. It has operations in six African countries including ...
Transforming Agri-Food Systems to the Sustainable Development …
WEBJul 8, 2021 — Download logo. Transforming the world’s agri-food systems, the way we produce, process, distribute and consume food has been identified as one of the key avenues to achieving many targets of the 2030 Agenda.
Interview with South Africa’s richest man, Patrice Motsepe
WEBMar 4, 2012 — Loni Prinsloo recently interviewed Motsepe, a South African Entrepreneur who was named as South Africa’s wealthiest man in the Sunday Times Rich List. In the interview, Motsepe shared his excitement about the emergence of a new generation of African entrepreneurs. “There is a new generation of Africans that have studied in …
Kuda Bank’s $500 million valuation - Ventures Africa
WEBAug 11, 2021 — Kuda, one of Nigeria’s leading fintech banks, recently announced a $55 million Series B funding led by Valar Ventures and Target Global, with a $500 million valuation.Other investors who took part included Japan-based Strategic Business Investor (SBI) Investment and previous angel investors. This latest round of funding comes just a few months after the company raised a $25 million Series A ...
Lord Of The Mines: Billionaire Patrice Motsepe - Ventures Africa
WEBJul 17, 2012 — From a low-level mining services business, Motsepe has built one of Africa’s largest mining companies. In 2010 ARM had revenues of about $2 billion and the company currently employs over 9,500 people. As a result of his 40 percent stake in ARM, Motsepe is now one of Africa’s wealthiest men, with a net worth estimated at close to $3 billion.
Beyond a competition: How Africa’s Business Heroes is creating …
WEBApr 26, 2023 — The entrepreneurial ecosystem in Africa is thriving, but it can be complex and challenging to navigate. Despite an abundance of brilliant business ideas, entrepreneurs often face obstacles such as infrastructure challenges, regulatory barriers, limited access to funding, and a lack of quality education and training, in addition to cultural factors.
The Untold Story of Iroko: How Nollywood's Digital Pioneer has …
WEBJan 19, 2017 — Founded in 2010 with approximately $40 million in total funding from the likes of New York’s Tiger Global, Sweden’s Kinnevik, and France’s Canal+, IROKO is a leading digital distributor of Nollywood content globally. Throughout the firm’s history, it has undergone several dramatic changes which have seen it increasingly target African consumers at the base of the pyramid.
What does the future hold for twitter? - Ventures Africa
WEBNov 11, 2022 — After taking the company private with a $44 billion buyout, Musk is shaking up Twitter from its roots with controversial decisions. First, he laid off several top executives, including former CEO Parag Agrawal. Then he dismantled Twitter’s board and named himself the sole director. Last week, he laid off nearly half of the company’s staff ...