Ways to raise money for a business? You’re about to learn 10 interesting and highly effective options you can start exploring today. Raising capital is probably the biggest obstacle many entrepreneurs face in starting or growing a business. According to research by CB Insights, up to 40% of start-ups and young businesses fail because they [...]
The top business opportunities in Africa. Every crisis creates two things: problems and opportunities. As the world fights COVID-19 and its devastating impacts on human life, the economy, businesses, and jobs, we are often too distracted by the problems to notice the growing opportunities around us -- especially in an interesting market like Africa. Surprisingly, [...]
“I don’t have the capital.” “Nobody wants to give me capital.” “The banks have turned me down five times.” These are some of the most common reasons people give for not starting or growing their businesses. Access to capital is arguably the biggest threat to entrepreneurs around the world. And every year, thousands of [...]
. Until he was 14, Henri Nyakarundi didn't know he was a refugee. His family had fled to Burundi following the growing tensions in Rwanda that eventually led to the ugly 1994 genocide. From an early age, Henri had always fantasized about living in the United States and chasing the American Dream. For him, the [...]
Note: The latest (2021) edition of this article is now available. Click here to read it. It feels odd to talk about business opportunities in Africa, right? Over the last couple of years, Africa has been at the center of the global migration debate, particularly in Europe and North America. Thousands of Africans have been [...]
. There is an abundance of amazing business opportunities in Africa. And the success stories you're about to read prove just how much these opportunities are worth. According to the IMF's recent World Economic Outlook, six of the ten fastest-growing economies in the world are in Africa. And by 2050, the continent's economy could quadruple its [...]
Right now, we live in uncertain times. While the world is making dramatic and exciting progress in science and technology, our civilization still faces significant and disturbing threats to its future. And there are several nagging questions: What will be the eventual outcome of the increasing gap between the rich and poor across the [...]
I tend to think tribalism is much worse than racism. It's the single biggest weakness we, as Africans, are yet to fix. It's the reason Africa does not run on meritocracy, and has to endure incompetent leadership. And it's the big reason the continent cannot yet unite against anything -- corruption, poverty, deprivation, etc. [...]
"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." These are the words of John Adams, the second president of the United States of America. The strategy is simple: use the IMF and World Bank to give debt to countries that have an [...]
Life is hard, especially when you're struggling to build a business. Despite your investments of time, money, and effort, it can take a long time before you start to see results, and that's one of the biggest reasons many people quit. In today's digital age of "plug and play" most people quickly lose patience [...]
