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Lessons in Business Leadership From the NBA Finals

Great leaders usually don’t just fall into their success. Entrepreneurs and business owners must acquire and develop over time the skills necessary to guide his or her team in the right direction. Yet, not all leaders are cut from the same cloth. Entrepreneurs, like basketball stars, can exhibit a wide variety of leadership qualities and tendencies. The two star players in the 2013 NBA Finals — Miami Heat forward LeBron James and San Antonio Spurs forward Tim Duncan — have exercised opposite approaches to leading their respective teams. Regardless of…

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AFRICA’S RICHEST MAN,ALIKO DANGOTE IS JUST GETTING STARTED

Six years ago, Aliko Dangote paid a visit to Tanzania, on Africa’s eastern coast, and shared his dream of having an African-run business empire that would manufacture products all over the continent. To assorted government and business leaders, he announced that he was prepared to make an investment of $600 million to build a cement factory in southern Tanzania, alleviating the shortage in that country’s domestic cement supply. The Tanzanians were skeptical. “They didn’t believe us at all. They thought I was one of these ‘Nigerian 4-1-9’ scammers who try to…

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“Google Internet balloons” to bring Internet access to rural and remote parts of the world

There are many terrestrial challenges to Internet connectivity—jungles, archipelagos, mountains. There are also major cost challenges. Right now, for example, in most of the countries in the southern hemisphere, the cost of an Internet connection is more than a month’s income. Solving these problems isn’t simply a question of time: it requires looking at the problem of access from new angles. So today we’re unveiling our latest moonshot from Google[x]: balloon-powered Internet access. We believe that it might actually be possible to build a ring of balloons, flying around the globe on…

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MADAGASCAR THE LIVING MUSEUM

The island of Madagascar is located between the Indian Ocean and the Mozambican channel – 250 miles off the eastern coast of Africa across the Mozambique Channel, just south of the equator. Over 1000 miles (1580 km) long and 350 miles (570 km) wide, Madagascar is the world’s fourth largest island after Groeland, New Guinea and Bornéo. The country, which has peoples of Asian, African and Indonesian decent, is crossed over by the Tropic of Capricorn next to the town of Toliara and separated from Gondwane. With Comoros and Mayotte…

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A GREAT WAY TO AVOID REJECTION

A  Great Way To Avoid Rejection Many people don’t like closed doors, including myself. However, an essential part of the business of life is closing doors and saying no to opportunities that seem good at face value. It is better to quietly close the door and not enter the room, than to push through an open door ONLY to find that the room was not made for you. No one likes to get ejected from a room and to have door slammed shut in their face. We can minimize the…

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AFRICA MUST THINK BIG FOR ITS KIDS

Africa has always been a continent of contrasts. And the latest findings from an amazing team of international researchers show that when it comes to providing our children with the best chances in life, Africa once more presents a very mixed picture. In a recent report, never-before-available comparative data on laws and public policies in 191 countries, covering poverty, discrimination, education, health, child labor, child marriage and parental care, reveals how millions of children across the world face conditions that limit their opportunities to thrive and reach their full potential because…

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FROM HIGH SCHOOL DROPOUT TO ENTREPRENEUR

Cashing in on the knowledge economy seems simple ces jours, as entrepreneurs with innovative ideas have grown start ups to million dollar companies regardless of domicile. The misconception had always been that you had to be in Silicon Valley, San Francisco for you to have an opportunity to own a successful tech start-up, but with increased globalisation, never again will that be status quo! An example is 29-year old Justin Stanford, a self-made Software millionaire entrepreneur who has managed to create a technological innovation hub christened Silicon Cape in Cape…

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Bright pinks on dark espresso skin, by Bellesa Africa.

In my line of work, I’ve met quite a few women sporting delicious, deep and dark skin tones with gorgeous features such as high cheek bones, full lips, strong brow bones and striking eyes. Sadly, these same women also sport debilitating beliefs about what they can or cannot wear on their faces. I see them defaulting to nude colours, working with shades such as browns and taupes and beiges and camels, while glossing over the silvers, deep blues, sea greens, purples, and sunny yellows and golds. Most of the time,…

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South Africa Wealth Fund To Expand Investment In Dangote Group

Public Investment Corporation (PIC), South Africa’s biggest sovereign wealth fund, on Monday said last week’s transaction with Dangote Cement will open up new acquisition prospects in Dangote’s other operations. Head of Resources at PIC, Fidelis Madavo, said these operations included Dangote’s sugar, flour, oil refinery and port operations. Last week PIC said it had bought 1.5 percent of Dangote Cement, Nigeria’s largest listed company, in a deal valued at $289.3 million. PIC bought the shareholding at 179 naira a share. Last week, Ventures Africa reported that PIC’s latest move was…

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GroFin Invests $2.3m in Kenya’s Public Transport Industry

Private equity fund, GroFin announced it has invested $2.3 million in two Kenyan mid-sized public transport firms, Wargen and Centaurus, to boost transportation services across the country. The multinational financier disclosed the investment to Business Daily last week adding that it plans to further invest $1.5 million in transport companies by 2014. GroFin did not disclose the exact amounts invested in both firms, though the fund’s typical investment is within the $50,000 to $1.5 million bracket for a period of 4-5 years. “With its growing reputation as a regional commercial…

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