BUSINESS

Germany: Nigerian president’s daughter to receive award in Berlin

The eldest daughter of Nigeria‘s President Bola Ahmed Tinubu will be honoured in the German capital city on 18 November. Chief (Mrs) Mujidat Folasade Tinubu-Ojo, an astute business woman and indefatigable social entrepreneur, will receive an award for her tireless efforts to promote trade and investment in Nigeria at the 1st Hope Renewal Africa Awards in Berlin. The event, christened …

Read More »

How best to start a home care business in Germany — Interview with Gosab CEO

In an exclusive interview with The African Courier, Godfrey Chukwuemeka Evurulobi, CEO of Gosab Care GmbH, explains the opportunities for self-employment in the care sector in Germany for Africans and how you can easily get started in the business. The Nigerian-born entrepreneur runs three companies – Gosab Personalmanagement und Consulting, Gosab Care GmbH and Gosabflex GmbH, from Cologne with branches …

Read More »

Berlin holds business start-up seminar for residents with migrant background

ANNOUNCEMENT The extraordinary seminar programme offered by the State of Berlin on the topic of start-ups and self-employment for people with a migration background interested in starting a business begins a new round in July! For the past 21 years, the state of Berlin has been strengthening cultural diversity of Berlin’s start-ups and has been running the seminar series “Vielfalt gründet” (formerly: …

Read More »

Nigeria ends incentive payment for remittances

The Central Bank of Nigeria (CBN) has announced that its “Naira 4 Dollar” remittance scheme will end on 30 June 2023. The policy, which was introduced in March 2021 to encourage the inflow of foreign currency, will no longer be in operation as from 1 July, it said. Under the scheme, the CBN pays out a reward of N5 for …

Read More »

African industrialisation gets uplift as new oil refinery opens in Lagos

A landmark event in the industrialisation of Africa took place on Monday, when the continent’s largest oil refinery was commissioned in Lagos. Witnessed by five African heads of states, the opening of Dangote Petroleum Refinery and Petrochemicals is being greeted continent wide as another evidence that things are looking up for African development. Built by Africa’s richest man, Aliko Dangote, …

Read More »

How to set up a new business as an expat in Germany

There are many opportunities for startups in Germany. A few tips that will help you achieve success. —— Find a space for your ideas  For years, Berlin has also been regarded as Germany’s startup capital. Every year, more than 500 new businesses are launched there. However, cities in the Ruhr region, such as Essen or Dortmund, repeatedly top the German rankings because …

Read More »

Berlin to award outstanding entrepreneurs with migration background

Berlin is awarding prizes to entrepreneurs with a migration background operating in the city, which is also a federal state. The prize, Vielfalt unternimmt – Berlin würdigt migrantische Unternehmen and awarded once in two years, gives public recognition to the achievements of minority entrepreneurs who are contributing greatly to the economic development of the city. The prize was first awarded …

Read More »

Interview: How to harness benefits of investing in Africa — Dennis Elverir, AIC

Producing in Africa is not only lucrative for the investors but also means reducing poverty and dependence on foreign suppliers. Yet Africa is still not seen in Europe as a favourable destination for investors. Dennis Elverir, head of the Africa office of African Investment Consultancy, explains how and where to invest in Africa and the hurdles to to watch out …

Read More »

AFRIKA KOMMT! Call for applications!!

AFRIKA KOMMT! – a further training programme for young African executives – brings together the most visionary young leaders from Africa and leading German companies. The programme revolves around an eight-month internship in a German company. During their assignment, participants gain valuable insight into work processes, company structures and management methods. But the programme goes beyond providing individual support. The …

Read More »

Call for applications: Google Black Founders Fund for Startups in Africa

Applications have opened for the third cohort of Google’s Black Founders Fund for Startups in Africa and Europe. The company has committed $4m to support eligible Black-founded startups in 2023. Startups operating and headquartered in Africa or having a legal presence on the continent are eligible to apply for the Black Founders Fund. Other eligibility criteria for startups that wish …

Read More »

German trade with Africa booming — new report

German-African trade reached a new record level in 2022, according to Germany’s Federal Statistical Office. Exports from Germany to African countries last year were 14.5 per cent above those of the previous year at 26.4 billion euros. The increase in imports from the continent was even more pronounced at 27.4 per cent to 33.4 billion euros. The trade volume therefore …

Read More »

Germany’s biggest business start-up fair holds in Berlin

Do you want to start a business, grow or revitalise your existing company and need inspiration, advice and funds? The German Founders and Entrepreneurs Days (Die Deutschen Gründer- und Unternehmertage or deGUT), holding in Berlin on 14-15 October, is the place to be. In addition to a comprehensive, free seminar and workshop program, the fair offers information on all start-up …

Read More »

Ghana embarks on investment roadshow in Germany

ANNOUNCEMENT As part of efforts to increase the inflow of Foreign Direct Investments and Diaspora Investment to Ghana, the Diaspora Investment Desk of the Ghana Investment Promotion Centre is organizing a 4- city investment roadshow in Germany. Scheduled from October 3rd to October 13th, 2022, the roadshow held in collaboration with the Ghana Embassy in Germany will consist of high-level …

Read More »

Fashion: Nigerian brand sets standards for Africa

Lagos-based Africana Couture with the opening of its new classy outlet in Abidjan has made a significant statement of intent of taking the lead in the propagation of African fashion on a global scale The merry sound of clinking glasses, hearty laughter and afrobeats music permeated the cool September evening at Rue Marconi Zone 4, a posh business district in …

Read More »

Ethiopian to power new Nigerian national airline

Nigeria has announced that Ethiopian Airlines would be its major partner, with forty-nine percent share-holding, for the Nigeria Air project. The country’s Minister of Aviation, Hadi Sirika, disclosed this during a press briefing in Abuja where he revealed that the national carrier was well on its way to being launched with three Boeing 737-800 that will shuttle between Abuja and Lagos. …

Read More »

Africa’s fintech, crypto players gather in Accra

400 Fintech & Crypto Industry Leaders From Across Africa to Convene in the Ghanaian capital city at the Africa Money and DeFi Summit on 27-28 September —– As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintech’s, investors, crypto platforms, ventures and digital finance stakeholders will connect at the Africa Money …

Read More »