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HOW DO WE POWER AFRICA’S ECONOMIC RENAISSANCE

When I look at the future of my continent, three words come to mind: hope, opportunity and responsibility. Hope, because there is positive change happening throughout Africa. Opportunity, because of the commodity boom. Responsibility, because we – the African people and our leaders – still need to create 10m jobs a year for our young people, and lift out of poverty the over 50 per cent of Africans who still live below $2 per day. Africa is currently the fastest growing region in the world, having gradually overtaken Asia. Yet,…

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RECOGNIZING CHINUA ACHEBE

What I don’t want this to read like: I would hate it very much if this reads like a mere attempt to pay tribute to a popular person who has passed away. It is not about adding my voice to the loud voices lauding Chinua Achebe. Headlines are already overflowing with news of how various personalities ‘describe the late Chinua Achebe as….’ This is not the usual cliché. Rather, my sincere intention is to recognize the laudable contributions of a good man. He was born in 1930, precisely on the…

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ALCATEL LAUNCHES THE LIGHTEST AND SLIMMEST ANDROID PHONES

Alcatel Launches the Lightest and Slimmest Android Phones TCL Communications, the company behind Alcatel brand of phones  has launched two mid-range Smartphones— Alcatel One Touch Idol and Alcatel Idol Ultra priced at Rs. 15,800 and  Rs.21,000 respectively. Dubbed as the lightest and slimmest (respectively) devices in their segments, both devices run Android 4.1 Jelly Bean. Alcatel One Touch Idol Ultra which is available in red and black color options, is 6.45mm thick and weighs 115 grams. It is powered by a 1.2GHz dual-core processor along with 1GB RAM. It also…

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THE TROUBLE WITH AFRICA

The trouble with Africa is that … Africa is no longer in trouble (well, not as bad as it used to be). The Africa of the past is simply that … long gone. In its place is a new, vibrant,  on the verge of explosive economic growth that could be very interesting to watch over the next few years. When pundits such as Prof. Edward Miguel (University of California, Berkeley – Department of Economics and CEGA) asks if  “Africa (or parts of it) are on track to join China and…

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AS THE REST OF THE WORLD SLOWS, AFRICA ACCELERATES

If you are looking for some good cheer in a pretty gloomy world, consider the growing consensus among some of the world’s smartest money that the next big emerging market may be Africa. Above all, that is great news for Africans: As we have seen across so much of Asia, economic growth has accomplished what decades of well-meaning development efforts failed to do, lifting hundreds of millions out of poverty. If that happens in Africa, the world will be transformed. This case for Africa as the world’s new economic tiger…

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Africa Business Economy Entrepreneurship 

5 AFRICAN COUNTRIES TO INSTALL BITCOIN ATM

South Africa, Ghana, Angola, Egypt and Libya could be the first African countries to install Bitcoin ATMs in a move which has the potential to revolutionise currency trading on the continent. In an exclusive interview with HumanIPO, Jeff Berwick, chief executive officer (CEO) of Bitcoin ATM, said since they revealed the concept and opened for declarations of interest they have been approached by more than 200 companies in 30 countries, including the five in Africa. Bitcoin is a digital currency which is not regulated by any government or backed by any central…

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Africa Business Economy Entrepreneurship 

AFRICA’S YOUNGEST BILLIONAIRE: Ashish J. Thakkar

Ashish Thakkar is a lively person. Even at 7:30am, when we meet in the London Park Lane Intercontinental Hotel, he is bright-eyed and every inch the energetic entrepreneur. Yet ‘entrepreneur’ is a pretty inadequate description of the founder and CEO of the Mara Group, which has 7,000 employees across 19 African countries and a turnover in excess of $100 million per year. How about ‘mogul’, which harks back to his Indian roots? Or ‘conglomerate empire builder’, since his business interests cover an astonishing range, from agriculture to high tech, from…

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WHAT WILL THE WORLD LOOK LIKE IN 50 YEARS?

In our world of both exponential growth and accelerating innovation, systems of repetition are “doomed to collapse.” We need to make radical changes to the frameworks in which we operate. The world is now an interconnected neural network, where problems are considered shared and where solutions are crowdsourced—we’re no longer living in silos. This power of connection has begun—and will continue—to reveal what we are capable of. We must work together to redefine what “growth” and “development” really mean. What will the world look like in 50 years? Dare to…

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EXPLORING THE POTENTIAL OF BOTSWANA AS A HUB FOR INNOVATION

In the week of 11th to 16th March 2013, I was in Botswana. This was my first time in Gaborone, Botswana and I must say Botswana has been one of my best African experiences around Africa visits after Cape Town, South Africa. One of the things that really struck me was the huge role that the government of Botswana has played in capitalizing and supporting the economy. The government has invested at large in the ICT sector by focusing on infrastructure. They have invested 57 acres of land, for development…

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DUBAI SET TO IMPROVE ITS BUSINESS RELATIONSHIP WITH AFRICA AND THE AFRICAN MARKETS

Why Dubai wants to improve its business relationship with African markets The Dubai Chamber of Commerce and Industry is hosting the first African Global Business Forum in the beginning of May in Dubai. The emirate – which has become a global trade and business hub for companies looking to access markets in the Middle East, Asia, Europe and Africa – has seen an increase in commercial interests in Africa over the last few years. Dubai’s transport and storage infrastructure, geographic position and business environment has led it to become an…

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