Telling Stories About African Real Estate & Infrastructure

SMEs In Emerging Markets Need To Take Advantage of Globalization

In the last few decades, we have seen companies grow faster, expand faster and enter into new markets faster. In the modern age, it is not unheard of to hear of companies operating in ‘over 100 countries’, a feat that was hitherto physically impossible prior to the mass adoption of the internet and social media. Currently, the environment for global business expansion into new markets has never been better. However, an informal survey carried out by Afriscaper found out that less than ...

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Trade War! How Africa’s Emerging Economies May Be The Main Beneficiaries

There is a growing trade war between the world’s largest economy (USA) and the world’s second largest economy (China). Most of the goods being targeted are agricultural products including soyabeans, corn, wheat, starch. pork and more. We tend to think of the US as a tech hub and we forget that the US exports start with the fundamentals, agricultural products. The United States is a powerhouse in the ability to grow food in commercial quantities. It has the ability to ...

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Without Data, You’re Just Another Person With An Opinion

  I have always enjoyed exploring data and squeezing out the stories it has to tell. Sometimes, the stories from data ties into conventional wisdom and explains why the conventional wisdom works. At other times, the data tells a different story and requires organizations to take a different approach. However, data in itself is not an end all and be all. Data is like having a dream I like to use the analogy that data is like having a dream. ...

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Nigeria Had Non-Oil Trade Deficits With 72% of African Countries

According to a recently released report by Afriscaper Consulting titled ‘Nigeria Export Competitiveness Report: An Analysis of Nigeria’s Non-Oil Exports to Other African Countries” Nigeria had non-oil trade deficits with 72% of countries in Africa in 2016. The report takes a look at the data obtained from the Nigeria Bureau of Statistics for the year 2016 and reviews total trade between Nigeria and each African Country, and then creates a scenario that assumes Nigeria only exported non-oil goods. The result shows ...

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Nigeria: Agric Ministry, John Deere, Hello Tractor Announce Partnership on 10,000 Tractors

John Deere has announced a partnership with the Nigerian Federal Ministry of Agriculture and Rural Development (FMARD) of Nigeria and the Nigerian Agricultural Mechanization & Equipment Leasing Company (NAMEL) in a Public-Private Partnership to improve the productivity and yields of small farmers through affordable and local access to farming mechanization services. The multiyear project will include the sale of 10,000 John Deere tractors and will also result in placement of a local assembly facility in Nigeria that will provide new ...

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How Young People Outside Politics are Boldly Building the Nigerian Nation – Vice President Osinbajo

Below is the text of the speech given by Nigeria’s Vice President Yemi Osinbajo’s at the Platform Event of the Covenant Church, Igamu, Lagos on May 1, 2018 Highlights:  *VP celebrates success stories of several young Nigerians *Calls for the Nigerian bridge to connect ethnicities, dialects, religion, politics and generations “My point is that we can contribute  in profoundly transformative ways to changing our society by just doing our bit with excellence. VP Osinbajo’s Address at the Platform Event of ...

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Nigeria- How To Win (Text of a paper presented by Bode Agusto at the 2018 Vanguard Newspaper’s Annual Economic Discourse)

Nigeria – How To Win Text of a paper presented by Bode Agusto at the 2018 Vanguard Newspaper’s Annual Economic Discourse held in Lagos, 13 April 2018. OUTLINE Introduction Setting the scene Population Government The central government – the FGN The State Governments & Local Government Areas (LGAs) Partnering with the private sector The external sector Money and banking Businesses Households  Conclusion INTRODUCTION Please let us start by debunking certain myths in our country. First, “Nigeria is an oil rich ...

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Effect of China’s RMB-Priced Crude Oil Futures Market on Nigeria

On 26 March 2018, China officially launched its Yuan-priced crude oil futures at the Shanghai International Energy Exchange. Denominated in Yuan, China’s oil futures market is convertible into gold, and is therefore, able to bypass US dollar denominated benchmarks whilst appealing to risk sensitive traders mindful of a safeguard. The launch of China’s yuan-denominated oil futures marked the culmination of a decade-long push by the Shanghai Futures Exchange (ShFE) aimed at giving the world’s largest energy consumer more power in ...

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Text of Speech by Bill Gates, Co-Chair of Bill & Melinda Gates Foundation (Founder, Microsoft), at the Special Session of the Nigeria National Economic Council (Includes referred PowerPoint slides)

Your Excellency Muhamadu Buhari, President of the Federal Republic of Nigeria; Professor Yemi Osinbajo, Vice President of the Federal Republic of Nigeria; Senator Bukola Saraki, Senate President; Honorable Yakubu Dogara, Speaker of the House; Your Excellencies, executive governors of the Federal Republic of Nigeria; Royal fathers; Distinguished ladies and gentlemen. And as you say in Nigeria, all other protocols observed. Thank you for welcoming me to Nigeria. I’ve been coming here regularly since 2006, and I’ve always felt welcome. Nigerians ...

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Is Nigeria Doing The Right Thing Opting Out of The Africa Free Trade Agreement?

On Wednesday, March 21, 2018 Forty-Four African leaders signed what is being called the largest free trade agreement (FTA) since the creation of the World Trade Organization. The deal creates a continental market of 1.2 billion people, with a combined gross domestic product of more than $3.4 trillion. A major goal of the Africa Continental Free Trade Agreement (AfCFTA) is to boost intra-African trade and rely less on the volatility of commodity prices that affect many exports. Despite the lofty ...

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