Tag Archives | Lagos

Shale Gas is a Risk, Opportunity for Nigeria

Shale Gas is a Risk, Opportunity for Nigeria






The Partner and Global Chairman, Energy and Natural Resources Sector, KPMG, Mr. Michiel Soeting, has said that the discovery of shale gas in the United States, which is a major importer of Nigeria’s crude oil, would pose a threat to Nigeria and at the same time provides an opportunity for the country to diversify its economy.

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The Factors involved in Setting Family Salaries in a Family Firm

IFRS Will Attract More Foreign Investments











Adoption of the International Financial Reporting Standards (IFRS) by Nigerian companies will attract more foreign investment into the country, Director, Audit Services, KPMG Professional Services, Mr. Willem Haarhoff, has said.

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Africa Brief

Africa Brief: Local food firms eye expansion in rest of Africa, Zimbabwe to start joint ENRC mine and more…











Nigerian President Goodluck Jonathan’s political troubles are increasing pressure on the central bank of Africa’s second-largest economy to devalue its currency, risking higher prices on all goods from food to oil.

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The Role of Cities in Africa’s Rise











With a population of one billion and an economy likely to double in size from US$2 trillion to US$4 trillion before 2025, Africa has quickly emerged as the next economic driver for the global economy. While the success of Africa’s rise is well-founded, a far more granular approach to grasping the nuances and realising the opportunities is essential. This goes beyond country-by-country assessments. A deeper assessment of this economic energy and growth reveals that it will be largely driven by Africa’s emerging cities. The nature of the business environment in Africa will increasingly demand a far more city-oriented investment approach.

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Africa’s megacities: infrastructure a key priority











Africa’s expected to have 1.2 billion urban residents by 2050, intensifying the need to develop Africa’s megacities and making infrastructure a key strategic priority. Episode 9 of the Africa Conversation Series took a closer look at Prioritising Africa’s Megacities, focusing on the challenges surrounding the development of Africa’s next major megacities. Also highlighted was the importance of addressing the challenges, and how to prioritise development to ensure maximum benefits for business and Africa’s growing urban population.

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Nairobi to test drive Kenya Power’s smart meters project

Facts on African cities











The emergence of African cities is the highest form of social organisation, often associated with advancing human development with cities incorporating economic, cultural and political factors. For instance Lagos in Nigeria has boomed from 300 000 inhabitants in 1960 to over 17 million today and Johannesburg is the largest city which boasts some of the richest mineral deposits the world has ever seen …

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Prioritising Africa’s megacities











Whilst Africa is often perceived as a mysterious, underdeveloped continent, it’s quickly becoming one of the most valuable emerging markets for infrastructure. In fact, infrastructure development – in the form of megacities – is one of the key strategic priorities for senior African leaders. What’s driving infrastructure development in Africa?

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African cities: Key challenges and rising urbanisation











While African cities do bring with them great economic growth prospects and coordinated development, and urbanisation is often associated with rising incomes and better living standards, lack of resources, inadequate infrastructure and poor planning or management pose enormous challenges …

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The emergence of the African city











Africa’s rate of urbanisation and the development of cities has been slow, but the rise of emerging African cities has coincided with the continent’s growth and rejuvenation …

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Nigeria

Invest Africa: Nigeria











Nigeria is the most populous country on the African continent with approximately 150-million people and is the 32nd largest country with the 41st largest economy in the world.

According to the World Bank, Nigeria is classified as a mixed economy, emerging market. Nigeria has reached middle income status, with well developed financial, legal and transport sectors. Nigeria boasts the second largest Stock Exchange in Africa and enjoys an annual economic growth of 7%.

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