News Headlines
Home » Gen. News » Business (page 24)

Business

You want to invest in Africa, no problem…..Homestrings is your sure bet!

Eric Guichard’s company Homestrings gives foreign investors and the African diaspora access to investment opportunities in Africa and other emerging markets. How we made it in Africa’s Dinfin Mulupi talked with Guichard, a Guinean-American who is the CEO of Homestrings, about the firm’s model and the opportunities on the continent. What inspired you to start Homestrings? I worked for six ...

Read More »

Used Clothing Kills Nigerian Textile Industry

ABUJA — In markets in northern Nigeria, some shoppers scoff at clothes made by Nigerian companies and prefer to buy second-hand clothes from the West.  The country’s flailing textile industry says the trend is killing their chances of coming back to life. Nigerian companies make clothes but in your average market, the racks are filled with imports, often from the ...

Read More »

1st cook-on-board food truck gets Chicago license

More than six months after the Chicago City Council legalized cooking onboard food trucks, the city on Thursday issued its first license for it to Dan Salls, owner of The Salsa Truck. An ecstatic Salls said that he passed his health and fire inspection on Wednesday and finished his paperwork on Thursday afternoon. By Tuesday, he hopes to be searing ...

Read More »

Vistajet Founder Touts Ghana As Important Gateway For Aviation Business

The Founder and Chairman of the world’s leading luxury private aviation company, Vistajet, has lauded the political stability and booming market conditions in Ghana. He noted that the phenomena were leading to faster expansion of infrastructural facilities making the country a convenient place for doing aviation business.Ghana’s economy is growing fast, infrastructure is quickly expanding and market is booming that ...

Read More »

Nigeria: Man Stole $145M and pays fine to avoid serving prison term!

ABUJA, Nigeria (AP) — A man who formerly helped oversee Nigeria’s police pension program pleaded guilty Monday to stealing $145 million, but walked out of court a free man after agreeing to a plea bargain that saw him pay only a fraction of it back. The plea deal given to John Yakubu Yusufu and read out in court sparked immediate ...

Read More »

Ghana Made 4×4 Truck, Enterpreneur Ventures Into Commercial Production…..

Apostle Dr. Kwadwo Safo has started Airplane Manufacture……Keep the dream on! Ghanaian industrialist Apostle Dr. Kwadwo Safo is moving beyond the manufacturing of vehicles for exhibition purposes to commercial automobile production in an ambitious effort to venture into an industry dominated by global conomic giants like the USA, Japan, Germany, United Kingdom, France and Korea. From a current production level ...

Read More »

Kotoka International Airport Flooded

The arrival hall of the Kotoka International Airport in Accra was like a mini swimming pool on Saturday as the whole place was flooded by the Saturday evening rain that hit some parts of the capital. Arriving passengers and their waiting relations could not believe their eyes when leakages during the evening downpour rendered the arrival hall of the country’s ...

Read More »

Is Investing in Africa a Good Bet?

Many sub-Saharan countries have had sustained economic growth despite the global recession. But conflict, political instability and weather extremes in some areas may keep investors away. At the World Economic Forum in Davos, Switzerland, African leaders and others talked about what’s being done to make the continent more attractive to investors. From the start, those on the panel questioned the ...

Read More »