TIG Post

Tag: Entrepreneur

  • Hajia Bintu flaunts her body on luxurious vacation as she tours Cape Town

    Hajia Bintu flaunts her body on luxurious vacation as she tours Cape Town

    Ghanaian TikTok star Noami Asiamah known popularly as Hajia Bintu, known for her extravagant lifestyle posts, has captivated social media once again with her luxurious vacation escapade in Cape Town.

    The young beauty entrepreneur is currently basking in the glory of her holiday in Cape Town, and her followers are absolutely loving it.

    Bintu recently shared stunning photos on social media, showcasing her thrilling helicopter ride experience in an exotic location.
    According to her caption, she was exploring South Africa and enjoying a tour with Cape Town Helicopter Tours, adding more glamour to her already lavish lifestyle.

    See pictures below:

  • I won’t date a man who can’t give me GHC40K when I ask for it – Woman reveals

    I won’t date a man who can’t give me GHC40K when I ask for it – Woman reveals

    An unidentified woman revealed her steadfast commitment to financial compatibility in her relationships, asserting that she will not settle for a partner who cannot invest a significant amount in her business.

    The determined entrepreneur, who cited the prevailing economic challenges in the country, emphasized the importance of being with a hardworking and financially supportive companion.

    Addressing the interviewer, she expressed, “In these challenging times, dating a financially stable man is non-negotiable for me. I won’t give away myself freely and expect my partner to understand the value of hard work and ambition.”

    The undisclosed woman disclosed her specific financial expectations, asserting, “If I ask my man for money like GHC10,000 or GHC40,000 especially when it’s for my business, and he cannot provide support, the relationship will be over. I have set a standard, and I believe that a committed and supportive partner is crucial for personal and professional growth.”

    While the woman’s name remains undisclosed, her bold stance on financial compatibility has sparked discussions on social media.

    It remains to be seen how her unyielding commitment to financial compatibility will impact her dating life and whether her approach will resonate with others navigating the complexities of modern relationships in the face of economic challenges.

    Watch video below:

    See reactions below:

  • Meet Ghanaian businessman, Jesse Ghansah, who accumulated a sum of $17m for his enterprise

    Meet Ghanaian businessman, Jesse Ghansah, who accumulated a sum of $17m for his enterprise

    A Ghanaian serial entrepreneur with a history of profitable businesses, Jesse Ghansah, has emerged as a key disruptor in the fintech sector by proposing creative ideas that are revolutionizing the continent’s financial sector.

    Ghansah’s entrepreneurial journey began in 2014 when he co-founded three startups, which unfortunately discontinued after two years.

    However, in 2016, he gained global recognition for his media company, OMG Digital, which was accepted into the prestigious Y Combinator startup accelerator program. OMG Digital, which owned OMGVoice and Bitnode, became known as the “BuzzFeed of Africa.”

    Jesse Ghansah launched Float in 2020 to address African SMEs’ financing and cashflow issues.

    After departing from OMG Digital, Ghansah shifted his focus to fintech, recognizing that financing cash flow problems presented a substantial hurdle for African small and medium-sized enterprises.

    His unwavering commitment to solving these cash flow issues drove him to co-found Float (previously known as Swipe), a San Francisco-based fintech startup that provides flexible credit lines to cover cash flow gaps for SMEs in Africa, in January 2020.

    Float’s innovative solutions have transformed the way businesses in various industries, including fintech, retail, manufacturing, e-commerce, media, and health, operate.

    With a 26-fold increase in payment transactions, the startup has enabled hundreds of businesses to access more than $10 million in credit spending and cash advances.

    With $17 million in funding secured from investors, Float is set for expansion in the fintech space

    In recent times, Float has garnered the attention of institutional investors, leading to a successful seed funding round of $17 million in 2022.

    The funding included a $7-million equity investment and a $10-million debt financing, with Cauris Finance leading the debt financing and JAM Fund and Tiger Global co-leading the equity financing.

    Thus far, the funding round’s proceeds have been directed towards bolstering its cash management systems and launching new credit solutions tailored to specific industries.

    Additionally, the company is utilizing the funds to expand its operations in Ghana and Nigeria, as well as introduce its services in Kenya and South Africa.

    Ghansah’s entrepreneurial journey is a remarkable illustration of perseverance and determination in the face of adversity. Despite experiencing setbacks with three previous startups, he persisted and successfully established a thriving media company.

    By bridging the financing gap for SMEs and supplying much-needed liquidity to millions of businesses across the continent, Ghansah and his team are paving the way for a more robust and sustainable African economy.

    With his focus now on Float’s expansion plans, he is poised to make a significant impact on Africa’s financial technology industry.

  • Jacqueline Gold dies at age 62

    Jacqueline Gold dies at age 62

    The entrepreneur passed away on Thursday night after undergoing seven years of breast cancer therapy.

    Gold, who has fought for gender equality in business for decades, was yesterday joined by her husband Dan, daughter Scarlett, sister Vanessa, and brother-in-law Nick.

    Her family highlighted their ‘unspeakable sadness’ in a statement released this morning.

    Mandatory Credit: Photo by Jonathan Hordle/REX/Shutterstock (1023413s) Jacqueline Gold CEO of Ann Summers, Jacqueline Gold opens the company's new Westfield store. London. Britain - 29 Oct 2009
    Jacqueline Gold during the launch of an Ann Summers store in Westfield, London (Picture: Jonathan Hordle/REX/Shutterstock)

    They said: ‘Jacqueline is best-known for founding Ann Summers and leading a business run by women, for women.

    ‘She was also an activist for women in business, and championed female entrepreneurs with the ambition to better the working environment for women.

    ‘From an internship to Chief Executive Officer in less than 10 years, her determination and commitment to creating a unique retail offering led to the creation of a multi-channel retail chain, consisting of retail stores, direct sales ambassadors, and a fast growing online and third-party business.

    ‘It is her vision and creativity that saw Ann Summers grow from an unknown brand to a British household name and stable of the British high street.’

    Jacqueline Gold at the Ann Summers brunch to celebrate International Women's Day last year (Picture: David M. Benett/Dave Benett/Getty Images for Ann Summers)
    Jacqueline Gold at an Ann Summers brunch held in honour of International Women’s Day in 2022 (Picture: David M. Benett/Dave Benett)

    Her sister Vanessa added: ‘Jacqueline courageously battled stage four breast cancer for seven years and was an absolute warrior throughout her cancer journey.’

    Gold was made an CBE in the 2016 New Year Honours for services to entrepreneurship, women in business and social enterprise.

    Ann Summers was named after Annice Summers, the female secretary of the company’s male founder, Michael Caborn-Waterfield.

    The brand’s first shop was opened in 1970 in Marble Arch, London.

    Mandatory Credit: Photo by Julian Makey/REX/Shutterstock (420314k) JACQUELINE GOLD, CEO OF ANN SUMMERS JACQUELINE GOLD AND NANCY SORRELL, OPENING AN ANN SUMMERS SEX SHOP ON OXFORD STREET, LONDON, BRITAIN - 26 JUN 2003
    From an early age, Gold championed women in business.

    Gold’s father, David, died at the start of the year.

    A lifelong West Ham supporter, he was a key part of the club’s takeover in 2010 alongside his co-chairman David Sullivan.

    He worked alongside his daughter to grow the Ann Summers brand.

    At the time, a statement from West Ham read: ‘It is with deep sadness that West Ham United FC confirm that our beloved Joint-Chairman David Gold passed away on Wednesday morning following a short illness.

    ‘David Gold, 86, died peacefully with his devoted daughters, Jacqueline and Vanessa, and his fiancée Lesley, by his side.’

    The club has also paid tribute to Jacqueline Gold in a Tweet today.

    A tweet read: ‘Everyone at West Ham United has been left deeply shocked and saddened by the tragic death of Jacqueline Gold CBE.’

  • Cameroon: Entrepreneur recycles charcoal into green gas

    Tonnes of coal waste are thrown away each year in Douala, the economic capital of Cameroon.

    The waste can pollute both the air and water supplies and is also a fire hazard.

    Eric Tankeu came up with a environmentally-friendly solution – recycling the charcoal and turning it into a usable “green gas”.

    Tankeu is no stranger to going green – for years he worked on different projects to help protect the environment.

    He says the “gas” project has helped to repurpose many hectares of forest by reusing the discarded charcoal waste.

    Tankeu explains that the “gas” is a synthetic gas, produced from carbon-containing materials. Not only charcoal waste, but also biomass, plastics, household waste or similar materials.

    The end product is bottled in a cylinder that can be used for a household stove.

    Tankeu explains that his “gas” stove offers a safer and more sustainable way of cooking food or heating water.

    A large part of Cameroon’s population has no access to electricity and domestic gas is expensive or even unavailable in some areas.

    As a result, many Cameroonians rely on firewood and coal for cooking and covering basic needs.

    According to Global Forest Watch (GFW), Cameroon’s forests are feeling the pressure.

    The platform provides data and tools for monitoring forests online.

    It says Cameroon lost 1.7 million hectares (4.2 million acres) of tree cover between 2002 and 2021, more than 5% of its total.

    The main causes were harvesting wood for fuel, logging, and conversion of forests into agricultural land, GFW reported.

     

    Source: African News

  • Prioritise youth empowerment; stop giving them money for votes – African leaders told

    Ghanaian politician, entrepreneur and philanthropist, Samuel Aryeequaye has told African leaders to make youth empowerment their focus instead of giving them ‘peanuts’ for votes.

    Speaking at this year’s edition of the Africa Humanitarian Actions Conference which took place in Abuja, Nigeria over the weekend, the Best Diplomat United Nation Simulation’s representative to Ghana said, the only way to see Africa get better is by having leaders who pay more attention to youth empowerment.

    Research has shown that among all the continents on the globe, Africa has majority of its population being youth — more than 60% of its population is under the age of 30 — and many of them are desperate and have no or little hope.

    According to him, most African leaders instead of educating the youth and creating jobs for them to be independent, rather hoard monies and share to electorates which he believes is a bad practice.

    The central regional chairman of the Liberal Party of Ghana and 2020 parliamentary candidate for Agona East mentioned that, there is a higher rate of unemployment in Africa because majority of African Leaders hardly empower the youth, create enabling environment for them to create jobs for themselves and others.

    According to him, as a politician and philanthropist, one of his major priorities is to see the African youth get better and by so doing, while other politicians are sharing money for votes, he chooses to give young people in his constituency vocational training — a  great way of reducing the ‘galloping’ rate of unemployment.

    He cited in his speech at the said conference that, in the constituency where he lost an election, he organized a skills training session for over two thousand young people of which majority of them are making a living out it.

    Revealing one of his happiest moments in life, he gave an account on how some of the young people he trained walked up to him to say thank you and how the training is contributing to the betterment of their lives.

    Samuel Aryeequaye is the brain behind ‘Saye Foundation’ — an Advocacy for change and growth.

  • Entrepreneur becomes first Black woman designer to partner with Kohl’s

    Meet Barbara Clarke Ruiz, she is a design expert with more than 20 years of experience and has a resume that includes some of the notable names in the fashion industry. She has broad international and U.S. experience in designing and executing activewear apparel collections for global brands.

    She has worked with international household names that include Nike Europe, Adidas US/Germany, Fila US/Italy, New Balance US/UK, Speedo UK, Hanes, Jockey, Asics Europe, Disney, Colosseum, and Zoggs International, according to Black News.

    Ruiz also served as the Creative Director for Walmart for six activewear divisions, which grossed close to $750 million per season. In addition, she served as the design director of Venus’ line Eleven by Venus.

    She has created for herself a strong “track record of driving brand development, strategy, marketing, sales, and customer experience,” according to Black News. “A fiscally responsive creative strategist with experience in implementing diverse brands and products that leads to impact.”

    Ruiz has now teamed up with Kohl’s to design the company’s latest Tek Gear capsule collection, available online and in select stores. According to Black News, the move forms part of the company’s strategy to become the destination for the active and casual lifestyle. In addition, the new limited edition seeks to strengthen the company’s active and athleisure private-label offerings.

    “I’m blessed to have had so many dreams come to life. I don’t take any of it for granted because I’ve had to put a lot of work to bring these dreams to fruition and that takes time,” she said. “It doesn’t happen overnight and every opportunity leads you to a bigger opportunity or a bigger door. I feel blessed to be granted this opportunity of being the first black female designer to partner with Kohl’s. This is bigger than I could have ever imagined!”

    The collection, according to Black News, features vibrant colors, statement-making prints, and body-positive fits. The limited edition also includes styles for men, women, and kids designed to make customers feel confident, stylish, and energized. What is more, each of the collections utilizes super soft fabrics and trend-forward design features.

    The outlet writes that “the ladies’ collection includes peek-a-boo cutouts, wide satin drawstrings, ruching, and extra-long unfinished hems on the palazzo pants that allow customers to personalize to their preferred lengths. The Men’s and Boy’s collections are a play on active streetwear classics updated with functional fabrics and bold digital and graffiti prints. The girl’s collection is fun and functional for the season, utilizing buttery Soft Tek fleece with a bold pastel floral.”

    Source: Face2facafrica

  • Give adequate support to businesses to enhance growth — Regional Minister

    The Western Regional Minister, Mr Kwabena Okyere Darko-Mensah, has stressed the need for the development and building of managerial skills of entrepreneurs to enhance the sustainability and growth of their businesses.

    He said enhancing management skills was crucial for building a business and that perseverance and openness to learning were key attributes for any entrepreneur.

    These were contained in a speech read on his behalf by Mr Frederick Agyemang, Western Regional Coordinating Director at the opening session of the 17th Electrical Wiring Certificate Awards Presentation Ceremony held in Takoradi.

    He mentioned helping to raise awareness on the number of opportunities that were available to grow businesses, such as the variety of finance providers in the market as another form of support which could be offered to entrepreneurs.

    The Minister said, entrepreneurs must understand that every business entrepreneur made mistakes and suffered setbacks, often for reasons beyond their control but that the key difference was how one responded to such mistakes and the setbacks.

    Mr Darko-Mensah therefore, urged all existing entrepreneurs and future ones to be strong and know that they could come back stronger in the end if they persevered.

    The Regional Minister indicated that youth entrepreneurship was high on every political agenda to boost competitiveness and employment, since the young entrepreneurs had the potential to build new economic dynamics geared towards growth and job creation.

    He said the Government over the years had given attention to entrepreneurship promotion that focused attention on creating a more enabling environment to support youth entrepreneurs.

    Mr Darko-Mensah pointed out that education and training had been a critical tool to develop the entrepreneurial mind set and specific skills for business start-ups and development.

    He said there were SMEs support agencies which had been established as ‘one-stop’ shops providing more packaged support such as training and financial support, advisory and mentoring services for young people.

    “May I, therefore, use this occasion to urge the youth especially, to look critically and assess the gaps that exist in the business landscape and set up enterprises that are sustainable, to fill in the gaps,” he stated.

    The Regional Minister hinted that MasterCard and other Foundations were available for the youth to venture into entrepreneurship and that the Western Region offered many business opportunities for consideration under these initiatives.

    Mr Isaac Yankson, Deputy Director of Trade and Industry for Western Region mentioned some of the core functions of the Ministry as the facilitation of private sector access to capital, and to ensure that private sector development programmes were complementary and covered a broad range of needs.

    He added that the Ministry also facilitated innovation and entrepreneurship, to develop standards and Quality Systems to meet production requirements for local and international markets and facilitate the removal of institutional and legal bottlenecks.

    Mr Yankson said the Ministry of Trade and Industry has been rigorously pursuing its National Industrial Transformation drive which sought to industrialise each District in the country and spatially create decent jobs for all.

  • Ghanaian entrepreneur shortlisted for innovative business competition

    Maame Ekua Manful, a Ghanaian entrepreneur and the founder of Fieldswhite Co.Ltd is among 21 finalists in this year’s SUN Pitch Competition.

    Fieldswhite is a food tech start up dedicated to providing innovative and affordable food solutions across Africa.

    The start up’s flagship product, Sweetpot Yoghurt, is a, “delicious yoghurt enriched with highly nutritious bio-fortified orange fleshed sweet potatoes.

    The competition attracted over 500 small and medium-sized enterprises (SMEs) from 24 countries in Africa and Asia to pitch innovative business ideas to address malnutrition for the second edition of the SUN Pitch Awards.

    A press release by the SUN Business Network and copied to Ghana News Agency (GNA), said the COVID-19 pandemic had presented unprecedented challenges to the food system and that the pitch competition, scheduled for July 30, 2020, would highlight the innovation and investment opportunities within the private sector to increase access to nutrition in low and middle income markets.

    It said 21 shortlisted finalists were selected through a series of national and virtual competitions and had undertaken comprehensive nutrition and business development training in preparation for the final.

    The statement said the selected entrepreneurs would pitch their innovative solutions for improved nutrition to compete for a range of cash and business mentorship prizes in the race to be crowned the 2020 SUN Pitch Competition Champion.

    It said this year’s Global SUN Pitch Competition had sponsorship from the Global Alliance for Improved Nutrition (GAIN), the UN World Food Programme (WFP), Cargill and Royal DSM.

    The statement said other sponsors were Food Industry Asia (FIA), Aspen Network of Development Entrepreneurs, AGREA and Base of the Pyramid Innovation Center (BoP Inc).

    It said The SUN Pitch Competition aimed at showcasing nutrition-related investments from SMEs that could catalyse innovation in local food systems and improve the affordability and accessibility of nutritious and safe foods.

    “Achieving the nutrition targets of the Sustainable Development Goals will require more partnerships between businesses, investors, governments and UN agencies,” the statement added.

    Fatiha Terki, Deputy Director Nutrition, UN World Food Programme and co-convener of the SUN Business Network, said the SUN Pitch Competition 2020 would bring all actors together to support entrepreneurs in emerging markets to transform their food systems.

    The statement said the first edition of the SUN Pitch Competition was held at the Nutrition Africa Investor Forum in Kenya in 2018, where Ope Olanrewaju of Kennie-O Cold Chain Logistics from Nigeria was crowned the winner.

    Source: GNA

  • Prof Delle awarded Entrepreneur of all time

    Professor Edmund Nminyem Delle, the Founder of Rabito Clinic Limited was at the weekend decorated as the “the Greatest Entrepreneur of All Time” at the 10th Ghana Entrepreneur and Corporate Executive Awards 2020.

    The award, which was bestowed by the Entrepreneurs Foundation of Ghana in partnership with the Ministry of Business Development, seeks to honour the accomplishment of long-standing Entrepreneurs to motivate the budding generation.

    A statement from Rabitio Clinic and copied to the Ghana News Agency in Accra said the ceremony, which was a virtual live programme was the third time in ten years that Prof Delle was awarded at the prestigious awards.

    In 2013, he won the Health and Medical Services entrepreneur of the year award and in 2015, the Prof Delle was inaugurated into the Hall of Fame Award (Health Services)category.

    This year’s award, which marks a decade, was on the theme: “Celebrating Ten Years of Entrepreneurial Excellence and Business Development in Ghana”.

    The statement said the Ghana Entrepreneur and Corporate Executive Award 2020 is the 10th anniversary Champions of Champion celebration to honour great entrepreneurs who revolutionized business, created opportunities for others and changed the way we think and live.

    The statement quoted Mr Sam Ato Gaisie, the Founder of EFG: “While we believe these men and women to be the best of the best, their accomplishments are varied and not easily compared having built a legacy, demonstrated corporate leadership, sustained business performance, integrity, vision and business innovation in Ghana.”

    Mr Gaisie said: “Our intention is to give a worthy individual the recognition he deserves and to use their example to inspire budding entrepreneurs, Corporate Executives, Public Sector Executives, and Business Leaders to achieve similar success”.

    Prof Delle was born on November 18, 1943, in Nandom in the Upper West Region of Ghana and is the Founder, Board Chairman, and Chief Medical Officer of Rabito Clinic, which he founded in 1974.

    He started his educational foundation in Nandom through the support of his mentor, His Eminence the late Cardinal Peter Prekuu Dery, and received a full scholarship to study at the University of Padua in Italy, where he obtained his Doctor of Medicine and Surgery in 1970.

    Thereafter, he obtained a post-graduate diploma in Tropical Medicine at the Institute of Tropical Medicine in Antwerp, Belgium, and a Diploma in Skin and Venereal Diseases (DSVD) at the University of Padua in 1972.

    He was appointed a Resident Medical Officer and Lecturer in Skin Diseases at the University of Padua from 1972 to 1974.

    On his return home after acquiring academic and professional experience, he started a private medical practice, the Rabito Clinic in Ghana in 1974.

    This was in fulfilment of his childhood dream to invest in Africa and serve his people and named the clinic after his academic and career mentor Prof Caologero Rabito formerly of the University of Padua, Italy.

    Prof Delle is known for his expertise in the treatment of complex dermatological cases.

    Source: Business Ghana

  • Nigeria entrepreneur faces jail in US for $11m fraud

    A Nigerian entrepreneur faces up to 20 years in jail after pleading guilty in the US to charges of internet fraud worth $11m (£8.7m).

    Obinwanne Okeke, now 32, was lauded in Forbes Africa’s 30 under 30 list in 2016.

    But the chief executive of Invictus Group is to be sentenced in October for his part in an email phishing scheme that targeted Unatrac Holding Limited, the export sales office for Caterpillar heavy industrial and farm equipment.

    Court documents say Mr Okeke and his co-conspirators obtained and compiled the credentials of hundreds of victims between 2015 and 2019.

    Fraudulent wire transfer requests and fake invoices were also sent, before the funds were then transferred overseas, the court documents add.

    Earlier this week, the US Department of State froze the assets of six Nigerians accused of internet fraud amounting to more than $6m.

    Source: bbc.com