Opening a large business in an area where almost 50 percent of the population live below the poverty line might deter some of the hardiest business people, not so Mr. Christophe Kanyandekwe, owner of Bugesera Agribusiness Company Ltd, also known as BABC. A mechanical engineer, Mr. Kanyandekwe bought BABC which is located in Gashora, Bugesera district, Eastern Province of Rwanda, in 2014.
Women entrepreneurs play a pivotal role in the private sector comprising micro, small and medium enterprises in Tanzania. Women owned enterprises increased from 35% in early 1990s to 54.3% in 2012, according to estimates by the International Labour Organisation (ILO). The ILO Women Entrepreneurs Survey 2014 revealed that 85% of women interviewed in Tanzania financed
After transforming Rwanda into a model for conflict-affected states, the Government of Rwanda is now focusing its reform efforts on a vital needs sector: agribusiness. What makes this sector so crucial is that over 75% of Rwanda’s workforce is concentrated in agriculture. Against this backdrop, GroFin is deepening its efforts to reach out to agribusinesses
Africa’s trade with China is set to expand, as the continent’s entrepreneurs are increasingly exploring ties with the Mainland that go far beyond mineral mining and resource exploration. Africa-China trade has rapidly intensified since the late 1990s. In 2013, China became Sub Saharan Africa’s (SSA’s) largest export and development partner. This relationship has only grown
For African businesses to grow, China, with its booming middle class, is definitely the next frontier. But, does Africa hold attraction for Chinese consumers? Chinese consumers are single-handedly making or breaking economies and businesses around the world. Indeed, when Apple recently declared a quarterly dip in sales for the first time in more than a