August / September 2015 - African Business Magazine

Nigerian hairdressers to lead infrastructure drive

For the legion of self-employed hairdressers that ply their trade in the markets and malls of Lagos, earning money for the here and now often takes precedence over saving for the long term.

Controversy as government sells Malawi Savings Bank

In the latest chapter of a long-running story, the Malawian government this July sold 75% of the Malawi Savings Bank (MSB) to the privately-owned FDH Financial Holdings in a surprise move.…

Obama’s trade boost prompts African relief

When President Barack Obama finally put pen to paper on the African Growth and Opportunity Act (AGOA) in late June, producers across the continent – from Nigerian footwear makers to Lesotho trouser stitchers – breathed a collective sigh of relief.…