Tag: Business

Brazil’s luxury consumers are weary

The #Business of Fashion reports: …while Louis Vuitton’s Cruise 2017 runway extravaganza last weekend seemed to suggest otherwise, make no mistake: the current state of affairs in Brazil is having a serious effect on the country’s appetite for luxury goods. “Nobody knows what’s going to happen here politically — that’s the truth. It’s a very strange…
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Chinese megacity, PRD, already has a population bigger than Canada, Australia, and Argentina

   #Business Insider writes: China’s Pearl River Delta is swallowing up nearby cities. As the largest urban area in the world, the region features a population of roughly 42 million housed inside a 2,700-square-mile perimeter. The Pearl River Delta is made up of nine cities, each boasting populations above 1 million. And China is combining them all…
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Annansi notes: Brangelina buys Ethiopia, Africom, MTV Africa awards begins, (RED)washing at Gap

Brad Pitt and Angelina Jolie bought Ethiopia. (Not the African country itself, but the island which represents Ethiopia in Dubai’s island phenomenon The World) American general seeks to play down fears over new Africa command. (Uhhh… sure. No worries.) Africa’s nuclear hopes. (Could this be the solution to the electricity shortages?) MTV begins Africa Music…
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Why Africa’s oil riches don’t make Africans richer

Here’s an interesting read from Wharton School’s Knowledge network. But most Africans are seeing little benefit from this influx of oil drillers and investment. In fact, because of an economic paradox known as the “Resource Curse,” they are often hurt by exports of their countries’ oil. “Between 1970 and 1993, countries without oil saw their…
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Branding Africa with a new domain

As the the world goes online by the millions, the possibilities for domain names grows. The internet naming governing body, ICAAN, has been doing a good job so far of keeping up with the demands of online activity and creating standard practices. But while ICAAN considers the creation of non-english domains, Andrew Mack asks, “In…
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After Gladwell’s Blink, Kenna’s new dilemma

Recently, MTVU, the university station of MTV, organized a visit by best selling author Malcolm Gladwell (The Tipping Point, Blink: The Power of Thinking Without Thinking) and Ethiopian-born American musician Kenna to a University of Pennsylvania sociology class. The class was in the process of studying the chapter “Kenna’s Dilemma” from Gladwell’s book Blink and…
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Tanzania launches first ever US television campaign on CNN

Two weeks ago I attended the African Travel Association‘s Second Annual Presidential Forum on Tourism at New York University. The forum, organized by the ATA – a global travel trade association promoting tourism to Africa – and hosted by NYU’s Africa House, was put together to provide African leaders from Tanzania, Ghana, Cape Verde, Lesotho,…
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Annansi Notes: Fall Out Boy, Mandela, Clint Eastwood, African babies, Facebook in Kenya

Fall Out Boy head to Africa….Uganda really (What’s a rock band’s image without an African charity connection. Shout out to director extraordinaire Alan Ferguson) ) Clint Eastwood will direct Morgan Freeman and Matt Damon in a new Nelson Mandela movie “The Human Factor” (The Hollywood/Africa trend grows. They should expect a call from some concerned…
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Egypt, Ghana, Kenya among top 10 reformed business economies says World Bank report

The World Bank has released its annual ranking of the ease of doing business in 178 economies. The newly released Doing Business 2008 Project “provides objective measures of business regulations and their enforcement across 178 countries. The team works closely with thousands of professionals around the world”. While the report gives a worldwide view on…
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