Wealth in unexpected places 🗑️💰
#216: It is not about what is. It's about what it can become.
Hello Venturer,
How's the weather on your end? Here in Lagos, it’s been so chilly lately that I’ve found myself shivering even when the sun is shining bright. Those unexpected chills remind me of how something ordinary can surprise us. A good example is the world of upcycling. One minute, it’s an ordinary plastic bottle lying on the road; the next, it’s a beautiful lamp stand that lights up a room. This week, we bring you an inspiring story of turning old, discarded tires into stylish, high-demand furniture. And you know, at Ventures Africa, we champion initiatives that protect and preserve our planet.
Suotunimi Orufa
Features Writer, Ventures Africa
What’s new?
How Udalice HD is changing the way we think about interior design
Someone once said, recycling is like magic; it turns one thing into another. This sentiment deeply resonates with Alice Ubodom, the visionary founder and creative director of Udalice HD, a Nigerian-based upcycling business. Read more.
Amaechi Okobi: Uplifting lives through compassion and leadership
In recent years, Nigeria has grappled with a severe economic crisis. The cost of living has surged, with average food prices increasing by over 200% since 2015. In April 2024, headline inflation hit a 28-year high, compounded by stringent government monetary policies. Read more.
Does Nigeria’s $220 million Meta fine signal a new era of digital accountability?
Nigeria has made headlines with its recent decision to fine Meta Platforms Inc., the company behind Facebook, $220 million over a major data breach. Read more.
Africa’s stock markets are booming but currency woes dampen allure
Weak African currencies erode equity returns for dollar investors, dimming the continent’s appeal as a frontier market destination. The BRVM offers a compelling alternative. Read more.
These countries are championing EV and CNG usage in Africa
The transition to electric vehicles (EVs) and compressed natural gas (CNG) as alternative fuel sources is gaining traction in several African countries. Here are the African nations leading in EV and CNG adoption. Read more.
Krutham announces winners of the 2024 Africa impact investment awards
Krutham, the research-led consulting firm specialising in capital markets and financial services in developing countries, proudly announces the winners of the 2024 Africa Impact Investment Awards sponsored by FirstRand. Read more.
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 leverage new technologies to amplify our cultural influence. Please read our latest magazine issue to learn more.
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