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Download – The Entrepreneur Africa Magazine, March 2021 Edition

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STARTUPS

The Ugo Monye Story: Scaling up the “tough” Nigerian fashion industry

Ugo Monye takes us through his journey to becoming one of the most popular fashion brands in Nigeria. With the large number of business names being registered with the Corporate Affairs Commission (CAC) on a...

Matthias Sunday

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FUNDING

IMF Disburses $488 Million to Angola, Backs Plan to Cut Debt

The International Monetary Fund accepted the disbursement of $488 million to Angola and reiterated its confidence that Africa’s second-biggest oil producer will rein in public debt to sustainable levels. The...

January 14, 2021

2 min read

TOP STORIES

Elon Musk falls to second richest person in the world after his fortune falls by nearly $14 Billion in one day

Elon Musk’s position as the wealthiest person in the world was short-lived after his fortune fell by nearly $14 billion in one day. The Tesla billionaire is now the second-richest person in the world. Shares of...

January 13, 2021

1 min read

FUNDING

Excitement as Africa counts down hours to start of trading under AfCFTA

The trading phase under the African Continental Free Trade Area (AfCFTA), signed by 54 of the 55 countries in Africa, is set to begin from January 1, 2021. The deal unites an estimated $3 trillion market, and could help...

January 13, 2021

2 min read

TOP STORIES

“We will not be intimidated because of the imagined success of ‘Oloture’”- Mo Abudu

It was revealed by the filmmaker that over a 100 people worked on the development of ‘Oloture’ so it could not have been Tobore Ovuorie’s life story. Mo Abudu has reacted to recent copyright...

January 13, 2021

2 min read

FUNDING

Paypal‌ ‌says‌ ‌it‌ ‌blocked‌ ‌Christian‌ ‌crowdfunding‌ site‌ ‌GiveSendGo‌ ‌

PayPal‌ ‌Holdings‌ ‌Inc‌ ‌said‌ ‌on‌ ‌Monday‌ ‌it‌ ‌has‌ ‌blocked‌ ‌the‌ ‌Christian‌ ‌crowdfunding‌ ‌site‌ ‌ GiveSendGo‌ ‌after‌ ‌it‌ ‌helped‌ ‌raise‌ ‌funds‌ ‌for‌ ‌people‌ ‌who‌ ‌attended‌ ‌last‌ ‌week’s‌ ‌event‌...

January 13, 2021

1 min read

TOP STORIES

Uganda‌ ‌bans‌ ‌social‌ ‌media‌ ‌ahead‌ ‌of‌ ‌presidential‌ election‌ ‌

‌ Uganda‌ ‌banned‌ ‌social‌ ‌media‌ ‌on‌ ‌Tuesday,‌ ‌two‌ ‌days‌ ‌ahead‌ ‌of‌ ‌a‌ ‌presidential‌ ‌election‌ ‌ pitting‌ ‌Yoweri‌ ‌Museveni,‌ ‌one‌ ‌of‌ ‌Africa’s‌ ‌longest-serving‌ ‌leaders,‌ ‌against‌ ‌opposition‌ ‌...

January 13, 2021

4 min read

TOP STORIES

Trump’s Permanent Ban: Twitter Loses 12% in Market value

Twitter stock slumped on Monday after President Trump was banned from the platform. Twitter stock fell as much as 12% on Monday after the social-media company permanently banned President Trump’s account on Friday...

January 13, 2021

2 min read

TOP STORIES

Elon Musk Influence: WhatsApp losing Millions of Users

After Musk Asked Users To Switch To Signal Tesla CEO Musk appealed to people to switch to more encrypted apps than WhatsApp and Facebook and specifically mentioned Signal when asked about a safer alternative by his...

January 13, 2021

2 min read

CRYPTOCURRENCY

Further Boost For Cryptocurrency

As World’s Richest Elon Musk Wants To Be paid In Bitcoin Elon Musk, the billionaire founder of Tesla and SpaceX and who has just become the world’s richest man, has said he would never turn down being paid in the...

January 13, 2021

2 min read

MONEY

Africa’s Richest Man, Aliko Dangote’s Fortune Tumbles By N350billion

Aliko Dangote’s fortune plummeted N350 billion after Dangote Cement Plc was crushed in the stock market rout A huge stock market slump on Friday cost Africa’s richest man more than N350 billion ($900 million) leaving...

January 13, 2021

1 min read

TOP STORIES

Businesses To Suffer As Zimbabwe Sets The Tone For Another Lockdown

Multiple business experts have hit out at the looming prospect of a second national lockdown in Zimbabwe, saying the potential damage “is immense”. On Saturday evening, Vice President Constantino Chiwenga...

January 13, 2021

2 min read

Alfred Olajide Emerges new MD of Coca-Cola Nigeria

The Coca-Cola Company has appointed Alfred Olajide as its new Vice President and Managing Director for its Nigeria Operations in an ongoing effort to implement “significant changes” to the structure of its workforce to...

January 13, 2021

2 min read