For entrepreneurs in Africa, success can depend largely on mindset and culture.
To support more African entrepreneurs to develop growth-oriented mindsets, the role of training, mentorship and access to funding cannot be overemphasized.
With a labour force of over 400 million that will surge by at least 70% before 2035, Africa is at a crossroads. The continent could either harness this active, viable human capital to deliver astronomical growth, or could suffer from even greater insecurity, unemployment and a host of economic challenges if this population is left idle.
New research on African entrepreneurs by the Tony Elumelu Foundation in partnership with Stanford University reveals insights into the divergent cultural factors that influence the entrepreneurial journey (of women especially) in Africa. The conclusions point to some patterns and qualities that favour entrepreneurial success, offering lessons in entrepreneurship in Africa and beyond.
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Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent
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Lagos, Nigeria, January 15, 2021
– Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset.
In Nigeria: Heirs Holdings Significantly Expands Oil and Gas Portfolio gnnliberia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gnnliberia.com Daily Mail and Mail on Sunday newspapers.
SIMONKOLAWOLELIVE! BY SIMON KOLAWOLE
If I’m honest, there has not been much to cheer about Nigeria in recent times. As someone who always tries to keep a positive attitude towards life a disposition that makes me celebrate little successes here and there I’ve found it very hard to cope. The news is always about one abduction or another, Boko Haram attacks, banditry and whatnot. More so, the second wave of COVID-19 is hurting so badly, taking away precious medical personnel and further crushing our extremely stretched and perennially inadequate medical facilities. It has so disrupted the education system we don’t even know when our students will write exams or graduate anymore. It can be overwhelming.
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