Did you have a great week? As for us, we did because our Editor just won the Grand Journalism Excellence Award at the African Business Heroes Entrepreneurial Journalism Awards. It feels great that people see how important our coverage of Africa’s business landscape is.
Back to business. Did you know that only 22% of Nigerians own a fridge? For context, it’s 88% in China. That paints a picture of the middle class in Africa’s largest economy. How do businesses build for this demographic?
That’s the question Netflix, the world’s largest streaming platform, is seeking answers to. This week, we looked at the reasons why Netflix makes most of its African subscriber revenue from South Africa, while Nigeria contributes only a small portion.
APO Group, a long-term communications partner of Africa’s Business Heroes (“ABH”) Prize Competition, has announced Hadassah Egbedi, Editor, Ventures Africa, as the winner of the Grand Journalism Excellence Award (Africa), at its inaugural Africa’s Business Heroes Entrepreneurship Journalism Excellence Award. Read more.
Ventures Africa spoke to five finalists from the ongoing Africa's Business Heroes competition. These founders have built brands that solve crucial problems in their communities and beyond. Read more
The sanctions significantly impacted Gabon’s economy, limiting the country’s access to international financing and disrupting its trade and investment flows. Read more
The proposed policy requires the so-called “too white” farms seeking export permits to demonstrate their commitment to fostering inclusivity. Read more
The CBN’s report underscores that the increase in consumer credit is primarily a result of increased demand for personal loans and the robust enforcement of the Loan-to-Deposit Ratio (LDR) policy. Read more
In this week’s podcast, Chioma Ude shares insights on the business of the Nigerian movie industry and the advancements that led to its increased global appeal.
Press play👇to listen to a snippet of our latest podcast.
Ijeoma Onah discusses the intricacies of marketing and exporting Nollywood content globally.
Soft power - To attract, persuade, influence, and shape preferences through culture. Nigeria has effectively done this through entertainment. Our music, films, and content transcend borders, commanding global attention. As master storytellers, we are leveraging new technologies to amplify our cultural influence.
