Montblanc, the leading global Maison for luxury business lifestyle, has opened its first standalone boutique in Nigeria, together with longstanding partner Polo Luxury. Located in The Palms Shopping Mall, Lekki, Lagos – Nigeria’s premier lifestyle and shopping destination, the boutique offers an immersive retail experience with dedicated areas for watches, writing instruments, leather goods, accessories […]
Nigeria is not going through a good economic period marked by almost a decade of low value of oil exports; Nigeria, however, remains the largest economy in Africa. The country’s potential is given by the strong population growth with the consequent presence of many young people: a new and extended generation for the world… 1) […]
The fires have devastated the Amazon and the news of the lung of the Earth in flames has gone around the world (albeit with some delay). Yet deforestation is affecting the countries of West Africa and the Congo Basin the most, but this is even less talked about. Tropical forests are biomes that grow […]
Between 2005 and 2020, the share of agricultural workers dropped by 52%. Many of these workers were absorbed into service industries, mainly characterised by informality and low productivity (increasing the share of workers in industries to 37% in 2020). Dani Rodrick (2015) has defined the phenomenon “premature deindustrialisation”; i.e. a continuous fall of manufacturing shares […]
In its attempts to industrialize, Africa has looked toward China’s success. China designed and executed a policy that shrank the industrialization process time in a mere 25 years — something many economies took at least a century to do. That redesign has brought immense dislocation in global commerce and industry, enabling China to become one […]
Hundreds gather for Third Japan-Africa Business Forum 23-Jul-2021 Around 1,600 people from all over Africa and Japan gathered over six days to explore closer business ties at the Third Japan-Africa Business Forum, which this year attracted the highest number of participants since its launch. Five of the six days were dedicated to the Bank’s High […]
Africa is set to be the next big consumer market with demand driven by the growth of the middle class and rise in disposable income. Proper due diligence on distributors and partners in these countries lack significantly. Some companies still prefer to fly their exports teams to investigate high potential countries and find distributors. More […]
AFRICA: an entire continent in “movement” of almost 1 billion people who will require food (the FAO estimates that the food demand in the area will grow by 3% per year), products and consumer goods. To answer the new demand, all the main Sub-Saharan countries are promoting wide-ranging investments: infrastructure, energy, construction, communication networks, water […]
