Opinion

Founder & Group Managing Director of Rainoil Limited, Dr. Gabriel Ogbechie Dr. Gabriel Ogbechie OON is the Group Managing Director of Rainoil Limited, a leading energy company in Nigeria. With an impressive career spanning over 30 years, he possesses a wealth of expertise in sales, marketing, and operations within the Oil & Gas space. In 1997, Dr. Ogbechie founded Rainoil Limited, an energy company that has since become a dominant player in Nigeria’s downstream value chain. He has overseen the growth of the Group’s business operations across the entire downstream value chain, including investment in agriculture and Real Estate. Dr.…

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Launching the new Orange Corners hub at Ogun State (R-L) – Amaka Nwaokolo (Director, The The FATE Institute); Bambo Adebowale (Dean & Director, The FATE School); Adenike Adeyemi (Executive Director, FATE foundation); Michel Deelen (His Excellency, , Consular General of the Kingdom of the Netherlands in Lagos-Nigeria); Hon. Adebola Sofela (Commissioner for Industry, Trade and Investment, Ogun State) On Monday, July 15, 2024 Orange Corners Nigeria – an initiative of the Embassy of the Kingdom of Netherlands in Lagos and implemented by FATE Foundation  – launched a new hub in Ogun State. Over the next five years, the Ogun State…

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Marius Hamelot (Co-Founder, Le Pavé) 📸 Roxane Montaron / Les Canaux Co-founded by childhood friends Marius Hamelot (architect) and Jim Pasquet (entrepreneur), Paris-based Le Pavé is revolutionising the construction and furniture sectors by transforming plastic waste into 100% recycled and recyclable material. Their innovative approach has won them projects such as the Arena and the Olympic Aquatic Centre, where they will produce 11,000 seats. Excerpts from an interview with Ville de Paris: Could you explain the inspiration behind the creation of Le Pavé? Was it a realisation of the environmental backwardness of the construction industry that led to the creation…

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Léon Serpollet Square (North-East of Paris) 📸 Joséphine Brueder/ Ville de Paris A vibrant transformation is underway across the city as monumental works of art adorn 3×3 basketball courts, leaving an indelible mark on the urban landscape. A closer look at this artistic facet of the Paris 2024 legacy reveals a fusion of sport and creativity. As part of the legacy initiative for the Paris 2024 Games, numerous 3×3 basketball courts have been renovated and refurbished. This development is particularly welcome in view of the sport’s Olympic debut at the Tokyo Games in 2021, setting the stage for a surge…

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Developing agriculture at scale is a game changer for our continent [Africa] and I want to be part of the journey By Uche Ogboi (Investor. Ex CEO, Lori Systems. Ex Partner, EchoVC. Ex Citi) Over the last year, after some rest and rejuvenation, I have spent time working with various companies to support their strategic vision. Some of these include new market expansions, establishment of a holding company and acquisition of multiple subsidiaries across the financial services, technology, energy and food industries. Above all, the sector that has piqued my interest the most is the agriculture sector. Africa is blessed…

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Intra-African trade is a nightmare, but advancing it is still on our agenda by Hendrik Reimers (Founder, fairafric – Ghana) Intra-African trade is a nightmare.Just last week, we faced this dilemma: A South African client wants to buy chocolate made from Ghanaian cocoa beans.When the cocoa beans travel from Africa to Europe and are transformed into chocolate in Belgium and then exported to South Africa, there is a 0% duty on them.When the cocoa is transformed into chocolate where the cocoa grew (i.e. in Ghana) and exported to South Africa, there is a duty of around 20% on the product.So…

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📸Mirabelle Mayack Kenya🔥 EUs playground with a Posterboy✅ By Mirabelle Mayack (Head of Governmental Affairs & Strategic Sales, African Investment Intelligence) 🎯Kenya is NOT my area of expertise and apart from a few visits, I don’t have much of a clue. However it’s the same system established as anywhere else in Africa.🛑Kenya’s exports are mainly foucussed on Europe’s taste. Agricultural products such as tea, fresh flowers, fruits and vegetables, coffee and constitute the greatest proportion.💢Kenya’s cuisine is a flavour of indian, British and local produces.🚱Kenya’s economy is Indian.🚭Kenya’s political oxygen is the IMF, Worlbank and the usual suspects enjoying a…

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By Catrijn Schipper (Investment Manager at Invest International) 🇳🇱 > 🇳🇬 Last week, my colleagues Ivo van der Horst, David Moonen and myself had the opportunity to visit Nigeria. The goal was to visit several start-up clients that we are financing as Invest International 🚀 We got our boots on the ground in Lagos, to see the opportunities but also the challenges that these start-ups are facing in Nigeria.🏥 First up was Platos, founded by Oladimeji Joseph Fakayode. Platos built an e-health monitoring platform and app for chronic disease care. The company focuses on treating diabetes and hypertension in Nigeria.…

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🎥Alfred Ukane The Price War [ Part 1] by Alfred Ukane (Agricultural Service Provider, Consultant and Technical Advisor) The desperation to sell and control a larger market share has led so many brands into an unhealthy price competition that has impacted their business negatively.This is common among products and commodities. As agribusiness owners, we experience this a lot. The desperation of some:📍Poultry farmers to sell will make them reduce the price of their eggs or broilers so they can sell off their produce on time;📍Fish farmers also crash their prices in other for them to quickly sell their fish;📍Other agro…

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Millionaires on the Move: Where are the World’s Wealthy Migrating to and from in 2024? By Henley & Partners The Henley Private Wealth Migration Report 2024 LONDON, June 18, 2024 /PRNewswire/ — The UK is expected to see an unprecedented net loss of 9,500 millionaires in 2024 — second only to China worldwide, and more than double the 4,200 who left the country last year, which was itself record-breaking following the exodus of 1,600 HNWIs in 2022. For the third year running, the UAE looks set to take first place as the world’s leading wealth magnet, with a record-breaking 6,700…

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