Veronica Pamoukaghlian, 2:09 am AFKI Original
Despite the success of Nollywood, Africa is still more of a consumer than a producer of films, experts say. Nigeria is not representative of film in Africa, one stakeholder said. Africa’s movie industry has grown tremendously in recent years led by increased commercial production
Veronica Pamoukaghlian, 11:44 am AFKI Original
In 2014, Issam Chleuh was named one of Africa’s 30 most promising young entrepreneurs. He’s considered a leader in impact investing — investing that generates measurable social and environmental impact. with financial return.
Veronica Pamoukaghlian, 10:14 am AFKI Original
Startup accelerator Africa Twenty 10 seeks startups from Africa and the African diaspora that have commercial potential, that are owned by women, and with a strong social focus. All Africa Twenty 10 mentoring will be done over the Internet, allowing entrepreneurs around the world access to experts around the world. When it comes to selection criteria, Ethel Cofie said she’s keeping an open mind.
Veronica Pamoukaghlian, 12:58 pm AFKI Original
Nigerian-owned MallForAfrica has grown tenfold in the past year, and counts among its partners Amazon, BestBuy, and Bloomingdale’s. But there are still some challenges, said CEO Chris Folayan in an interview with AFKInsider. “The knee-jerk reaction from saying the word ‘Africa’ is still almost a sure thing when talking to retailers,” he said.
Veronica Pamoukaghlian, 12:27 pm AFKI Original
Eve Fairbanks’ upcoming book, “The Inheritors,” aims to be the foremost treatment of post-apartheid society to date in the American press. She spoke to AFKInsider about interracial relationships in post-apartheid South Africa, the rise of the middle classes in Kenya, and her book, scheduled for 2015 publication by Simon & Schuster. “Most recent nonfiction set in South Africa focuses primarily on either a white or a black character,” Fairbanks said. “I wanted to avoid that and argue that whites and blacks do live in the same country.”
Veronica Pamoukaghlian, 10:44 am AFKI Original
Obama is investing in young African leaders. Three of them talked to AFKInsider about words, action and the U.S.-Africa Leaders Summit.
Veronica Pamoukaghlian, 3:26 pm AFKI Original
Obama’s Young African Leaders Initiative brought 500 Africans to top U.S. universities. Ghanaian-born Ethel Cofie was one of them. She spoke to AFKInsider about her dreams, her message from Africa, and how Michelle Obama made her cry. “My personal goal going forward is to ensure that my dreams are not small and comfortable, but rather big and audacious, even scary, so that I can be motivated enough to feel excited about the challenges ahead when I wake up in the morning.” she said.
Veronica Pamoukaghlian, 9:48 am AFKI Original
Despite foreign investment, economic growth, and government developments, housing in South Africa hasn’t yet struck a balance between affordability and design. Companies such as Cape Town-based Tsai Design and U.S.-based BSB Design are creating sustainable and affordable options to help solve some of the countries long-standing housing problems.
Veronica Pamoukaghlian, 3:03 am AFKI Original
Corporations like to play it safe; Walmart is an example of a multinational which is making a bold move. Buying South African grocery chain Massmart offered Walmart a safe foothold to prepare for continental expansion.
Veronica Pamoukaghlian, 6:52 am AFKI Original
The last couple of years has seen abundant buzz about the African gaming industry. From BBC to Indiewire and CNN, international media are watching Africa´s pioneering game developers. As the African middle class grows and smartphone use soars, the market for mobile games and apps is growing across the continent. Local startups are expanding and diversifying.