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In the South African wine industry Ntsiki Biyela is something of a rarity. The country’s first black female winemaker when she started out six years ago, Biyela has established herself as an award-winning vintner.
“I was the first but not anymore. Now I’m just a winemaker,” Biyela told CNN.
“There was [...]
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Nigeria is no longer just a place of poverty and extreme wealth earned by those who “won the right to loot money,” she said. She was referring to notorious business tycoons and state officials who have garnered eye-popping wealth through patronage and the despoiling of oil revenue, little of which trickles down [...]
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Some observers vouch for his ability to stage a comeback. “At the end of the day, he’s an entrepreneur,” says Lola Ogunnaike, a journalist who wrote for Vibe and Rolling Stone magazines and who was the top culture reporter for The New York Times. “He’s not necessarily a music man; [...]
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Satya Capital, a London-based private equity fund owned by Sudanese Mo Ibrahim, plans to invest some $200 million in Africa this year.
“What was the risk in investing in America? A lot of people lost their money investing in America. Any investments have risks not only Africa,” he said. “I believe Africa [...]
Pictured Above: Former South African president, Kgalema Motlanthe.
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Sub-Saharan African countries have experienced an average growth rate of 6% for the third straight year, which is growing toward 7% this year. At this rate, Africa’s poverty rate is expected to be reduced by 50% by 2015. That said, sub-Saharan Africa is [...]
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Angela Cauley and Ian Blount discovered the perfect recipe for success. Mixing three tablespoons of risk, five pinches of research, and three cups of sacrifice, the couple cooked up a harmonious blend that became the main ingredient for their pièce de résistance, the Columbus-based Coalescence LLC, a food blending and repackaging company.
Since [...]
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UK music star Tinchy Stryder (born Kwasi Danquah), has drawn on his own experience to advise youngsters to invest money wisely.
“When I was at school we did not get taught about managing money, but it is important to sit them down and talk about managing finances,” said the star.
The Nairobi Innovation Hub is an open space for the technologists, investors, tech companies and hackers in the area. This space is a tech community facility with a focus on young entrepreneurs, web and mobile phone programmers and designers. It is part open community workspace (co-working), part vector for investors and VCs and part incubator.
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“When we started this business it was always with 2010 in mind, because the spotlight is on South Africa for the World Cup,” said Cuffe, 34, who in 2005 founded Heritage Link Brands, a Los Angeles-based company that imports wines produced by black South Africans.
Despite the challenges, Cuffe remains true to [...]
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With minutes to go until his exclusive negotiating window was to expire, Jordan struck a deal late Friday night to buy controlling interest of the Charlotte Bobcats, putting the six-time NBA champion in charge of the money-losing team in his home state.
Owner Bob Johnson announced in a statement that he’s agreed to [...]
