Tag Archives | entrepreneurs
African women face major burdens. According to an ILO report sub-Saharan African has the world’s highest proportion (40%) of women who are just contributing family workers and are only supportive of the primary income earner.
Family businesses present a range of benefits in terms of the potential for a close-knit team, and readily available, if sometimes limited, financial support. While family businesses tend to imply a smaller business, family-run companies can turn into significant economic powerhouses, and launch dynasties.
Africa Brief: Kenya slashes coffee output on poor prices, Nigeria startup coins it on vast jobless number, and more
Kenya has lowered its coffee production and export earnings projections for the 2012-13 (October-September) coffee year due to poor global prices and reduced crop acreage, the industry regulator said, The Coffee Board of Kenya said it expected production of 44000 tons of coffee, down from the previous year’s 49 003 tons. Export earnings for the season could dip to 17 billion shillings (R1.9bn) from 19 billion shillings made previously.
Diversifying Africa’s resource-dependent economies and speeding up the infrastructure development so vital to its future will be two of the main topics at this week’s World Economic Forum (WEF) on Africa. This week’s event carries the theme “Delivering on Africa’s Promise”.
Cloud computing has generated significant hype in Africa. But with IT vendors pushing the technology case, few companies have taken the time to look at the value it can offer from a business perspective, says Frank Rizzo, partner in Advisory at KPMG. “With services such as Apple iCloud, Microsoft SkyDrive, and Google Drive popularising the commoditisation of cloud computing, we have reached the point where implementation has become a question for the CEO and not the CIO. Cloud computing is not driven solely by technical experts any more but by business leaders who are looking to leverage cloud computing from an overall business perspective,” says Rizzo.