With legacy diseases and shortage of healthcare workers keeping African life expectancy far below the global average, impact investing can give the African healthcare sector a much needed shot in the arm. African health needs care When it comes to health, the African population definitely deserves greater care. Africa is the only region in the world
To talk of financial management and not touch upon working capital management is not possible. This GroFin business support guide provides an overview on working capital management to help entrepreneurs understand the importance of working capital for building a sound financial future for the organisation. Download the complete and detailed GroFin PDF guide on Working
Chris Gozie Ijeh, Lagos entrepreneur and Managing Director of FCI Smyle International, approached GroFin Nigeria in 2015 for finance and support of his business expansion project. Given his company’s brand reputation for quality and indigenous manufacturing and supporting extensive employment, GroFin did not hesitate to support his company with a sizeable loan. An Entrepreneur from
As Africa finds it increasingly challenging to educate its teeming millions, a partnership between local edupreneurs and impact investors may be key to tap the true potential of the education sector. Africa is sorely in need of a solution to its education woes. Sample these alarming statistics from UNESCO. Of the 59 million children of
“With more than 18 years’ experience in the fisheries sector, we knew Dawood had it in him to make it big. With the right finance and strategic assistance on business and financial planning, we set Five Oceans on the path to success,” says Sami Al Hassan, Investment Executive, GroFin, manager of the Nomou Oman Fund.
With the experience of major African economies showing that the benefits of growth at the top are not trickling down to the poor, it is time for innovative economic alternatives such as impact investing to show the way forward for inclusive growth. Trickle-down has no effect There was a time when ‘trickle down’ was the
Set up in 2011, Arabia Global Resources LLC (AGR) started its laterite ore mining operations in May 2013. The quarry is located 40km outside the town of Ibra, 201km from Muscat. Laterite is mostly sold from the quarry to Emirati and Omani cement companies. Local Omani entrepreneurs Shaikh Faisal Al-Junaiby and Mr Ali Al Saadi