An Africa Business Community
Most emerging economies have a comparative advantage in the provision of labor and land and the exploitation of certain natural resource and climactic advantages over more developed countries.
Conversely, with the possible exception of China and some South and Southeast Asian economies, investment capital is scarce, and instability in the business enabling environment has not favored the emergence of capital-intensive industries.
Exploiting these comparative advantages, the…Continue
Added by Isaac Twumasi Quantus on March 23, 2011 at 6:00pm — No Comments
Throughout Africa, the majority of the poor earn their incomes through micro and small enterprises. Most of these firms ultimately fail to lift the poor out of poverty, leaving families unable to meet the most basic needs, including feeding and educating their children or accessing adequate healthcare.
Determining what makes some businesses succeed while others fail is a critical part of helping the poor to increase their incomes and lead happier, healthier lives.
One of the…Continue
Added by Isaac Twumasi Quantus on March 23, 2011 at 5:30pm — No Comments
United Bank for Africa has restated its commitment to the development of Africa through strategic support to businesses and providing the critical financial intermediation necessary in addressing infrastructural gap on the continent. The bank’s commitment to Africa was made during the recent tour of the West Africa coast by Mr. Phillips Oduoza, Group Managing Director and Chief Executive Officer, UBA, while addressing select business leaders in Ghana, Burkina Faso and Benin Republic. …
Added by Linda Larbie on March 9, 2011 at 1:15pm — No Comments
EquityBank bounced back to its reputed impressive growth rate by announcing a Kshs 9 billion profit before tax for the year 2010. The Kshs9 billion profits reflect a growth rate of 71%, up from Kshs 5 billion posted the previous year.
Speaking when he released the results, Equity Bank Group Chief Executive and Managing Director, Dr James Mwangi attributed the Bank’s impressive results to the massive growth in number of customers by 1.5 million and a growth of 50% on customer…
Added by Linda Larbie on March 1, 2011 at 3:00pm — No Comments