Africa is “blessed” with unique problems, and many businessmen and investors discover various business opportunities in Africa. They take advantage of the concurring problems in Africa to solve more problems while expanding their tentacles. In 2015, according to the Africa Wealth Report, there are over 160,000 millionaires in Africa. In recent years, young entrepreneurs and […]
South Africa is a country with an incredible economy comprising business of all types – formal and informal. The presence of these businesses has further led to a rapid boost in the South African economy, especially in the business sector. However, this boost won’t be possible without certain loans in South Africa for such business […]
Small, micro, and medium enterprises known as SMEs are the backbone of any economy in a country. They are non-subsidiary, independent firms or organizations that are invested in employing a large populace of the labor force. Small firms usually have fewer than 50 employees, while micro-enterprises have at most 10, or in some cases 5, […]
SMEs are vital contributors to the economies of virtually every country across the globe. However, the COVID-19 pandemic inflicted great commercial hardship on most of these businesses. The situation is worse in Africa. According to the Uganda Business Impact Survey 2020, 85 percent of SMEs in Uganda will be adversely affected by the ripple effects […]
It is quite important to say that digital marketing is a concept to consider in this era if you’re a business owner or want to start a business. Digital marketing is the use of the Internet, mobile devices, social media, search engines, and other channels to reach consumers. Digital marketing has become the major technology […]
One of the biggest problems affecting businesses today is access to funding. SMEs have been key to the social and economic development of Ghana for several decades. Since they are just about the main driver of development, production, and employment creation, funding is very important. There is no secret that the number one problem facing […]
Jeff Bezos is a perfect example of the power of vision. He once drew a business plan for an online bookstore during a cross-country trip. At the time, nothing suggested that the company he hoped to establish would launch him into the coveted title of the “wealthiest man in the world by 2017.” Initially, Amazon […]
In recent times, there has been an increase in the establishment of small businesses all over the country. Whether as sole proprietors, entrepreneurs, or SME’s there is a need for these businesses to be registered. Many owners of small business in Nigeria trivialize the need to register their businesses for various reasons which are; ignorance, […]
When it comes to investing money in a company, there are generally three ways one can do it. The first is through the stock exchange where small units (or more) of a company can be bought at prevailing market prices. The second one is venture capital; it enables new companies that are not quoted to […]
Social media is one the fastest digital marketing platform that promises rapid growth for small businesses, in terms of global and local reach. Before the rise of the digital world, if a business wanted to gain the attention of their customers, they had to first pay a huge amount for a TV or radio space. […]
