Own your own “Old Fashioned” Fish And Chips franchise

Africa’s foremost fish and chips take-away chain is expanding across the continent and seeking entrepreneurial franchisees.

“Old Fashioned” Fish And Chips, established by Founder and CEO Emilia De Sousa in 2002, has taken the takeaway industry by storm. With over 300 stores and an expansion of 5 to 8 stores monthly, “Old Fashioned” Fish And Chips is the fastest growing brand in South Africa, and fast becoming the industry leader.

Multinationals bring double edged sword to continent

We often write about the increased positivity surrounding Africa as a destination for investors as well as for multinational corporations seeking avenues for growth. A just released report by Global Financial Integrity, however, lambasts multinationals for money it believes they take out illegally from Africa.
Entitled Illicit Financial Flows from Africa: Scale and Developmental Challenges, the report is adamant about the role of multinational corporations in what some call Africa’s greatest economic sabotage, because it “perpetuates Africa’s economic dependence on other regions”. It estimates that the illicit transfer of most of the $1.5tn multinationals make in Africa each year back to the developed countries, drains hard currency reserves from the continent, stimulating inflation, reducing tax collection and deepening income gaps. It adds the depletion of investments and stifling of competition caused by these illicit transfers actually undermine trade and worsen the socio-economic fabric of poor communities in Africa, leading to shorter life expectancy due to limited spending in providing social services such as health care.

‘You can hit success at 30′: Kenya’s young, upcoming property developers

Kenya’s real estate sector is dominated by high-net-worth individuals and corporations, with very few youths investing in the industry, mostly due to challenges in accessing financing. Kimiti Wanjaria (28) and Ian Kahara (30), the co-founders of Serene Valley Properties, represent a new crop of youths who are teaming up to invest in the property market. The two IT professionals are behind the Sigona Valley project, a KSh350m (US$4.2m) gated estate outside Nairobi. The duo shared their experiences with How we made it in Africa’s Dinfin Mulupi.

Top wine producer seeking distributors/importers throughout Africa

Waterstone Wines, one of South Africa’s top wine producers, is expanding into the rest of Africa and seeking distributors and importers throughout the continent.

 
Waterstone Wines – water being the element for life and stone the foundation of stability – was established by Reino Kruger and Pim De Lijster in 2005. Annual production increased each year due to the fact that quality, consistency and customer service has become our core focus.

Local entrepreneur looking to capture Kenya’s beauty market

Suzie Wokabi (34) is the founder and chief executive of Kenya’s SuzieBeauty Limited. Though she holds a degree in international relations from the United States International University (USIU) in San Diego, Wokabi ditched the corporate world to pursue a career in the beauty industry. Regina Ekiru sat down with Suzie Wokabi to talk about her company and building a business in Kenya.

Suzie Wokabi

More of Suzie after the cut.

Airtel sponsors Africa Business Leaders' Awards

Telecommunications services provider, Airtel Nigeria in partnership with CNBC Africa and business news and financial information source, Forbes, have announced that they will stage this year's edition of the All Africa Business Leaders' Awards (AABLA).The All Africa Business Leaders' Awards, an event which takes place on Thursday, 9 August 2012 at the Porsche Centre, Victoria Island, Lagos, Nigeria, is a celebration of leaders who are making a difference through innovation and inspiration in their industry sectors.

Kenyan Mike Macharia & Nigerian Ladi Delano Make List of Forbes 10 Young African Millionaires To Watch

Glad to showcase African youth entrepreneurs listed on Forbes list of 10 young African millionaires to watch.
They obviously remind us that entrepreneurship is still the way to reach the the top.

Check out the full list: