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South African Microfinance Institution (MFI) Blue Financial Services and Nigeria’s Intercontinental Bank to Launch $25.9m Microfinance Bank
Blue Financial Services (BFS), a South African microfinance institution (MFI), and Intercontinental Bank Plc, Nigeria’s largest commercial and retail bank by assets, are collaborating to launch a Nigerian microfinance bank capitalized at NGN 3 billion (USD 25.9 million), the largest such institution in the country.

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Interview With South Africa's Top Fashion Insider, Renato Palmi
South Africa's Renato Palmi an academic and also business developer for the clothing and fashion sector in South Africa discusses with Uduak Oduok aka Ladybrille the State of South Africa/ Africa's current Fashion Industry. He addresses issues on doing business in South Africa, expanding into the USA markets and the obstacles and challenges such as lack of business skills, and influx of cheaper Chinese imports that create challenges for Africa's fashion designers and the industry as a whole.
Black Economic Empowerment, like charity, is not investment
South African businesses have become one of the largest investment blocks in Africa. Many African countries regularly fret that they are losing their local business ownership to their cousins down South. Every sector of South African business is represented in this new scramble to invest; from mining to telecommunications to retail.
SMEs in Africa: the “Missing Middle”
The development of the private sector varies greatly throughout Africa. SMEs are flourishing in South Africa, Mauritius and North Africa, thanks to fairly modern financial systems and clear government policies in favour of private enterprise. Elsewhere the rise of a small-business class has been hindered by political instability or strong dependence on a few raw materials.
Quick Mobile Hits Around Africa
2go Rafiq wrote a review of a new mobile service out of South Africa called 2go. It enters the chat/social network fray with fellow South African competitor Mxit (past with interview Mxit’s Darryn Foster found here).
Making Finance Work for Africa
South Africa’s success in getting the financial sector to extend services to poorer communities could be adapted for other African countries, said Trevor Manuel, Minister of Finance of South Africa. He told participants that this is exactly what has been achieved by South Africa’s Financial Sector Charter. The charter was developed some four years ago by the financial sector, including banks and insurers, after the government urged it to transform its practices and policies
Rebranding Africa
The focus of this WorkSpace session changed to "Perceptions of Africa" under the direction of the facilitator, Peter Sullivan, Group Editor in Chief, Independent Newspapers, South Africa.
Walking the Talk: Business Challenges for the NEPAD
Business and government leaders in South Africa say the formation of the New Partnership for Africa's Development (NEPAD) has led to cooperation to implement programmes in the country and across Africa which embrace the spirit of the NEPAD.

Champions from Africa: What It Takes to Be a Global Leader
"Aspiration is a driver of socio economic development", said Brian C Bruce, Chief Executive, Murray & Roberts Holdings, South Africa. South Africa has been and remains a critical link in the world, he said. This is exemplified by its leaders Jan Smuts who influenced the future shape of the world between the wars, Thabo Mbeki with his vision for Africa in the 21st century, both bringing different perspectives to the global dialogue.

The Nigerian Context - A Story of Decline: Exploring entrepreneurship in a declining economy
Nigeria is usually referred to as the giant of West Africa in that, with a population estimated at over 100 million, one in every two West Africans is a Nigerian. The country's GDP is larger than that of all the other countries in West Africa combined. Its GDP is actually larger than that of all countries in the African continent with the exception of South Africa. (Adaya, 1998).

The Zulu Salesman
In South Africa, we stayed at a wonderful game reserve called Zulu Nyala. Most of the workers there come from a local Zulu village and take incredibly good care of the guests at the lodge. One man, in particular, stands out because he was such a great salesman. “Mike” works in the gift shop and is single-handedly responsible for making sure guest go home with plenty of reminders of their stay in South Africa. Here is how Mike worked…
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