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Nigeria's kid entrepreneurs
27.12.17
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Nigeria's kid entrepreneurs
On the grand angle today, we talk about entrepreneurship. Except that this time, we are talking about being an entrepreneur right from childhood.
So, can kids really make it in entrepreneurship? In Nigeria, a group is proving that indeed they can. A recent fair they held for children brought some very successful kid entrepreneurs to the spotlight.
Let’s now take a look.
[Photos] Top Nigerian business exec recreates Michael Jackson at Xmas party
21.12.17
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[Photos] Top Nigerian business exec recreates Michael Jackson at Xmas party
![[Photos] Top Nigerian business exec recreates Michael Jackson at Xmas party](https://static.euronews.com/articles/416417/400x225_416417.jpg?1513811100)
Top Nigerian business executive, millionaire and entrepreneur, Tony Elumelu, has shared his entertainment side when business takes the back seat.
In instagram posts on his official account, Elumelu disclosed his love for the late United States pop icon, Michael Jackson.
In place of the usual suits, ties, gadgets and business documents, the 54-year-old sported all black apparel with matching cap and gloves as he boogied to Wacko Jacko’s tracks in a pre-Christmas bash at a Lagos nite club.
“I’ve always been a huge fan of Michael Jackson so on Saturday night at the 70s Disco themed @Heirsholdings Christmas party, when I was tasked to channel a celebrity, naturally I chose to be the King of Pop. I think I tried, don’t you?“he wrote on one of his posts.
We share our best photos from the lot that he posted on Instagram. You may get more photos by scrolling his posts further below.
Travelling with an African passport [Travel TMC]
19.12.17
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Travelling with an African passport [Travel TMC]
Visiting 30 countries before the age of 30? It could seem difficult but Nigerian travel enthusiast Kemi Onabanjo managed to do this. In her project named ‘Project 30 by 30’, she successfully visited 30 countries before her 30th birthday.
She explains how she managed to achieve her goal using her Nigerian passport.
A young generation of Africans are reinventing the culture of travel inside and outside the continent. We speak to Tiffanie Anderson, the founder of ‘Away to Africa’. The destination management company is dedicated to providing guided, cultural tours throughout select countries in Africa.
Through her platform, the Jamaican, a native of Queens in New York offers travellers an experience of discovering and rediscovering their African roots.
It will also be partner to the first edition of the Afropunk festival on the continent on December 30, in Johannesburg, South Africa.
Morocco's olive production set to break records this year [Business Africa]
18.12.17
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Morocco's olive production set to break records this year [Business Africa]
South Africa gripped by copper cable theft
The tunnels running UNDERGROUND Johannesburg contain precious treasures: miles of copper-electric cables. The theft of these cables have taken on an unprecedented scale in the economic capital of South Africa.
Once torn off, they are illegally exported to Asia to make fortunes. Recently Cost of repairs amounted to 3.2 million dollars. Armelle Nga and Claire Muthinji report on the officials’ crucial objective to take control of situation in Johannesburg.
Morocco expands olive production
Morocco, already the fifth largest producer and exporter of olive oil worldwide, is expanding its plantations, increasing production and quality, the sector is looking for larger share of market as it modernizes the traditional Mediterranean industry.
Sudan bans 19 imports to preserve currency
Sudan bans 19 imports to preserve currency
whatch video:
Fruits, vegetables and fish are on the list of banned imports in Sudan.
The country has just announced 19 products not to be imported in a bid to preserve the Sudanese pound.
Nigeria Airport Authority launches reviewed service charter
Nigeria Airport Authority launches reviewed service charter
The Federal Airports Authority of Nigeria (FAAN) on Wednesday in Lagos reviewed and launched its service charter.
The Managing Director of the Authority, who was represented by the Authority’s Director of Engineering Services, Engineer Nurudeen Daura stated that FAAN is a customer-centric organization and is totally committed to delivering quality services to her esteemed customers.
He described the service charter as a service level agreement that ensures that standards are upheld and sustained, whilst providing an opportunity to customers to report any service failure within the value chain.
Appreciating the Servicom office both at the Presidential and organizational level for a job well done, he charged all stakeholders to make at studying, imbibing and implementing the areas pertaining to their respective responsibilities.
The event climaxed with the presentation/launching of the charter by the Head of the Presidential Servicom Office, Mrs. Nnenna Akaji Emele, paid glowing tributes to the dedication and commitment of the FAAN Servicom team towards ensuring a successful completion of the task.
She enjoined other agencies to emulate FAAN and deliver their Charters too, as required by the provisions of the law setting up Servicom.
Meanwhile, the Airport Authority also has air and the general public that with effect from today 14th December 2017, the Authority will embark on a palliative repair work on the Runway of Akanu Ibiam International Airport, Enugu.
The first phase of the repair work will commence on the 14th to 21st December 2017, while the second phase will be from 27th December 2017 to 4th January 2018.
There will be skeletal operations at the airport while the work is ongoing as the Runway will open for operations from 0700 hours local time till 1500 hours local time on the proposed dates. This is to enable the contractor ample day-light working hours in order to obtain stable and even Runway surface, while also completing the work within the stipulated time frame.
In line with Standards and Practices, the Authority has requested the Nigerian Airspace Management Agency (NAMA) to issue a Notice To (NOTAM) in this regard.
Does Nigeria's Dangote Play Dirty?
Does Nigeria's Dangote Play Dirty?
Abdulsamad Rabiu, the Executive Chairman/CEO of BUA Group, has written to President Muhammadu Buhari, complaining of the alleged sabotage tactics used by the Dangote Group to elbow competiton out of the way, while also accusing the mining ministry of favouring the Dangote Group in transactions.
By Hamisu Muhammad
There is no end in sight in the feud between Dangote Group and Bua Group over ownership of Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Local Government of Kogi State.
While the management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposit in its site, BUA on the other hand accused Dangote in collaboration with The Ministry of Mines and Steel of forcefully claiming ownership of the controversial mining site.
Executive Director of Dangote, Mr Devakumar Edwin yesterday frowned upon the 'media war', instigated by BUA against the Dangote Group, over a matter already pending before the Federal High Court, Benin Division.
Edwin said: "Dangote Group validly acquired its interest and mining title in the disputed Mining Lease No. 2541 from AICO Ado Ibrahim & Company Ltd sometime in 2014 and the ministry approved the deal.
He said BUA in its process in Court acknowledged that these 'illegal mining' leases which it claimed were granted in 1997 were temporary mining leases.
Meanwhile the ruling Atta Omadivi Family of Okene in Kogi State have added their voice to the conflict in a statement issued over the weekend.
A statement by Prince Mahmoud Atta on behalf of the Atta family expressed disdain over the ministry's conclusion in a publication stating that suit FHC/LK/CS/25/2017 between Alhaji Mohammed Otaru Adeika & Ors. Versus AICO Ado Ibrahim and Company Limited, Federal Ministry of Mines and Steel, The Mining Cadestre Office and Dangote Industries Plc pending in Federal High Court in Lokoja will determine who owns the contentious site.
Prince Atta wonders why the ministry has special interest in Dangote to 'openly and illegally' bequeath them ML2541 under contention in competent Court, describing the act as tantamount to contempt of the court.
Stressing that the court had ordered that no one can claim ownership of ML2541, Atta said neither Aico nor Dangote owns ML2541 as wrongly declared by the ministry adding that the mining lease remains non transferable until the suit was determined.
Equatorial Guinea to Join OPEC, Pledges to Advance Interests of African Oil Producers
12.6.17
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Equatorial Guinea to Join OPEC, Pledges to Advance Interests of African Oil Producers
Oil producers worldwide, including 11 non-OPEC members, joined together in December 2016 to agree on 1.8 million barrels per day of production cuts that would successfully stabilize the oil price in 2017. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, was a leading voice in the calls for unity among exporting nations. Equatorial Guinea applied for OPEC membership in January, with the Minister announcing his intention to join the bloc by the end of the year.
“Equatorial Guinea’s joining of OPEC is a triumph. This is a proud moment for us,” said H.E. Gabriel Mbaga Obiang Lima. “There has never been a more important time to stand together and it is our honour to stand with OPEC as a positive force in global energy. We will use this platform to advance the interests of all African oil and gas explorers and producers and all OPEC members.”
The oil price rallied this morning on the expectation of an extension of the deal to limit output by nine months or more. Equatorial Guinea’s share of production cuts over the last six months is 12,000 barrels per day.
Equatorial Guinea is Sub-Saharan Africa’s third biggest oil producer and has one of the region’s most dynamic energy sectors. In 2017 work will begin on two landmark projects: Fortuna FLNG, Africa’s first floating liquefied natural gas plant; and the Bioko Oil Terminal, the largest crude oil and petroleum products storage facility in West and Central Africa. The Minister will present information on these projects, as well as Equatorial Guinea’s accession to OPEC and the conclusion of the EG Ronda 2016 bidding round, to investors at the Africa Oil & Power 2017 conference in Cape Town on June 5-7.
UNBELIEVABLE!! In 24 Hours, Dangote Climbs By $500m, Amazon CEO Adds $3.3bn
11.6.17
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UNBELIEVABLE!! In 24 Hours, Dangote Climbs By $500m, Amazon CEO Adds $3.3bn
Some global billionaires are seeing their wealth explode dramatically, and Nigeria’s Aliko Dangote is not left behind.
On Thursday, Jeff Bezos, CEO of the world’s largest online
retailer, Amazon, saw $3.3 billion added to his wealth, following his
company’s impressive performance.
Dangote, Africa’s richest man and president of the Dangote Group,
also saw his fortune rise by $500 million (N152.5 billion) as one of his
companies, Dangote Cement also recorded impressive growth in the first
quarter of 2017.
According to Bloomberg Billionaire Index, Bezos is less than $5
billion away from becoming the world’s richest person in a bid to
overtake Bill Gates.
Bezos saw his fortune surpass $80 billion for the first time on Thursday.
As of Wednesday, Dangote was worth $9.91 billion, but climbed to
$9.96 billion by the end of trading at the Nigerian Stock Exchange (NSE)
on Thursday.
The stock market gods also smiled on Bezos as Amazon shares added
almost $50 after the company projected sales that may beat estimates in
the current quarter.
This added to Amazon’s unbroken 20-year streak of double-digit revenue growth.
Amazon had first-quarter sales of $35.7 billion and earnings of $1.48 a share, beating Wall Street analyst expectations.
Bloomberg said Google co-founders Larry Page and Sergey Brin added
$1.4 billion when shares of Google parent Alphabet Inc. rose as high as
$938.18 on news that the smartphone ad business helped Alphabet post
revenue of $20.12 billion and net income of $7.73 a share.
Gates added nearly $100 million with the same time frame, as Bezos
ousted Warren Buffet, the legendary investor, to the third position on
the world rich list.
Carrefour au Cameroun : Bonjour la décadence !
3.6.17
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Carrefour au Cameroun : Bonjour la décadence !
La nouvelle de l’installation prochaine du supermarché CARREFOUR au Cameroun a suscité de vives émulations chez certains camerounais qui n’en voient certainement pas un grand danger venir.
« Mon enjeu est d’attirer les classes moyennes vers nos centres commerciaux, en leur apportant l’assurance de la sécurité sanitaire des produits, la régularité d’approvisionnement et des prix compétitifs voire moins chers que sur les marchés traditionnels.» Dixit Xavier Desjobert, Directeur Général de CFAO Retail /CARREFOUR. Le slogan marketing a fait son effet, celui de plaire. Bientôt, claironnent certains, des emplois vont naitre, le coût de la vie va être amélioré, la qualité et la diversité des produits alimentaires va reprendre sens, des belles installations vont fleurir au Cameroun avec la construction d’un supermarché du groupe Français CARREFOUR au Cameroun. C’est certainement le degré de cette exaltation qui peut expliquer la rapidité avec laquelle des compatriotes ont violemment été déguerpis sur environ 3, 5 ha de terrain ; Il faut faire de la place, Carrefour arrive…
Télécommunications: Le Minpostel va réguler les réseaux sociaux
25.1.17
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Télécommunications: Le Minpostel va réguler les réseaux sociaux
C’est l’une des options prises par le ministère des Postes et télécommunications à l’issue de la conférence annuelle des services centraux et déconcentrés qui se tenait les jeudi et vendredi derniers à Yaoundé.
La campagne de communication orchestrée ces derniers jours par le ministère des Postes et télécommunications, adossée à la suspension d’Internet dans les régions du Nord-ouest et du Sud-ouest confirme, l’option prise par les autorités, à savoir réguler les réseaux sociaux. « La sensibilisation sur les réseaux sociaux fait partie du plan de l’économie numérique », a laissé entendre Minette Libom Li Likeng, la ministre des Postes et télécommunications, vendredi 20 janvier dernier. Selon la Minpostel qui s’exprimait à l’occasion de la conférence annuelle des services centraux et déconcentrés de son département ministériel, la sécurité des réseaux et systèmes d’informations est l’un des défis à relever par le département ministériel. « Au Cameroun, les actes de cybercriminalité et l’utilisation des réseaux sociaux à des fins de distorsion de la réalité, ont atteint la côte d’alerte », affirme le membre du gouvernement qui constate que les réseaux sociaux ont facilité la diffusion d’informations visant à créer la psychose au sein de l’opinion publique et rompre l’équilibre social. « Le cyberespace camerounais, caractérisé par un taux exponentiel de pénétration d’internet, est devenu un lieu où les nouvelles, vraies ou fausses sont propagées à une vitesse effrénée et finissent par influencer l’opinion publique et à écorner l’image de notre pays », poursuit-elle. Les cas de la catastrophe ferroviaire d’Eséka et de « Monique Koumatekel » ont notamment défrayé la chronique l’année dernière. Ce qui a amené le gouvernement à adopter une position plus rigoureuse. « L’enjeu pour les pouvoirs publics est d’éviter que les progrès technologiques et la libéralisation des télécommunications ne soient utilisés à des fins de désordre, à travers une veille sécuritaire et la surveillance des réseaux sociaux », note la Minpostel. D’où, la campagne pilotée par ce département ministériel, qui consiste à envoyer des SMS envoyés aux abonnés des opérateurs de téléphonie mobile. Le gouvernement rappelle aux abonnés les risques à propager sur un réseau social, une nouvelle sans preuve, à savoir six mois et deux ans de prison. A côté de la régulation des réseaux sociaux, deux autres défis sont à relever par le pays pour rattraper son retard par rapport aux autres dans le domaine de l’économie numérique. Il s’agit premièrement du développement des infrastructures large bande, à même de satisfaire les besoins des opérateurs: fibre optique, boucles optiques urbaines, points d’atterrissement et autres. Le deuxième défi est celui de la qualité et des prix des services. Les nombreuses plaintes liées à la saturation des réseaux, à la lenteur des transmissions et aux nombreuses interruptions nous interpellent vivement. Il en est de même aujourd’hui de la perte de confiance dans les services postaux.
Compte d’affectation spécial : Un million pour le colloque sur Chantal Biya
23.1.17
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Compte d’affectation spécial : Un million pour le colloque sur Chantal Biya
La liste des bénéficiaires de ces fonds publics pour le second semestre 2016 est connue. Le ministre des Arts et de la Culture (Minac) vient de rendre publique la liste des bénéficiaires du compte d’affectation spécial pour le soutien de la politique culturelle (Casspc) au titre du second semestre 2016. Le montant de l’enveloppe est de 211 751 440 Fcfa.
Sept catégories sont retenues pour bénéficier de ce fond dont le but est d’encourager la production, la promotion et de la diffusion des arts et de la culture du Cameroun. Dans la catégorie «Appuis aux festivals, événements culturels et autres arts» qui se taille la part du lion dans cette enveloppe (75.210.720 Fcfa) soixante récipiendaires ont bénéficié du soutien de l’Etat. Parmi eux, le Pr Adolphe Minkoa She. Le vice recteur de l’université de Yaoundé II-Soa chargé de la recherche, de la coopération et des relations avec le monde des entreprises a bénéficié de la somme de 1.000.000 Fcfa comme appui à l’organisation d’un colloque dont le thème était «Les droits fondamentaux au prisme de l’action sociale de Madame Chantal Biya».
L’événement qui s’est tenu du 1er au 03 novembre 2016 à l’université de Yaoundé II avait suscité diverses réactions chez les universitaires et le grand public tant sur son opportunité que son financement. Si certains s’interrogeaient sur la nécessité de ces assises, d’autres y voyaient un prétexte pour un détournement de fonds. L’appui aux acteurs de l’art musical est le secteur qui enregistre le plus de bénéficiaires. 113 artistes de ce secteur ont bénéficié des sommes allant de 500.000 à 100.000.000 Fcfa. 35.500.000 Fcfa ont été débloqués pour la catégorie «Appuis au cinéma et à l’audiovisuel». Les domaines de la littérature et les arts dramatiques quant à eux ont englouti la somme de 12.538.000 Fcfa.
Ont également bénéficié du Casspc, les activités telles que l’accompagnement de l’organisation d’obsèques d’artistes disparus, les événements culturels et internationaux, les aides pour les maladies, etc. Pour le premier semestre, l’enveloppe du Casspc était de 331.133.979 Fcfa.
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