Africa's Young Entrepreneurs
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Africa's Young Entrepreneurs
Africa's Young Entrepreneurs (A.Y.E.) is a non-profit organisation based in Johannesburg, South Africa. It facilitates intra-trade among African entrepreneurs in 19 countries. It is the largest Economic group in Africa with more than 12 million pan African members. A.Y.E is also the largest Entrepreneurship organization in the world. History A.Y.E was founded by Summy Smart Francis, a Nigerian entrepreneur, in 2010. After spending two years on researching and studying the African economy, the group started operations in 2012. Work The organisation holds conferences and funds startups through various competitions. It also works for researching and suggest ways to improve Africa's economy. The organisation also produces the world's largest entrepreneurship reality TV show. (Africa's Young Entrepreneurs Reality TV Show) where thousands of African entrepreneurs are showcased and empowered. AYEEP In 2014, the organisation launched its Africa's Young Entrepreneurs Empowerment ...
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Johannesburg
Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Demographia, the Johannesburg–Pretoria urban area (combined because of strong transport links that make commuting feasible) is the 26th-largest in the world in terms of population, with 14,167,000 inhabitants. It is the provincial capital and largest city of Gauteng, which is the wealthiest province in South Africa. Johannesburg is the seat of the Constitutional Court, the highest court in South Africa. Most of the major South African companies and banks have their head offices in Johannesburg. The city is located in the mineral-rich Witwatersrand range of hills and is the centre of large-scale gold and diamond trade. The city was established in 1886 following the discovery of gold on what had been a farm. Due to the extremely large gold de ...
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Ibada Ahmed
''Ibadah'' ( ar, , ''‘ibādah'', also spelled ''ibada'') is an Arabic word meaning service or servitude. In Islam, ''ibadah'' is usually translated as "worship", and ''ibadat''—the plural form of ''ibadah''—refers to Islamic jurisprudence (''fiqh'') of Muslim religious rituals. Ibadah In Arabic ''ibadah'' is connected with related words such as "Ubudiyyah" ("slavery"), and has connotations of obedience, submission, and humility. The word linguistically means "obedience with submission". In Islam, ''ibadah'' is usually translated as "worship" and means obedience, submission, and devotion to God. Other sources (noted Islamist author Abul A'la Maududi and others) give a broader definition of ''ibadah'', including keeping speech free "from filth, falsehood, malice, abuse", and dishonesty, obeying Islamic Shariah law in "commercial and economic affairs" and in "dealings with your parents, relatives, friends", and everyone else. Ibadat ''Ibadat'' () is the plural for ...
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Folorunsho Alakija
Folorunsho Alakija (born 15 July 1951) is a Nigerian billionaire businesswoman and philanthropist. She is involved in the fashion, oil, real estate and printing industries. She is the Group Managing Director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited. Alakija also has a majority stake in DaySpring Property Development Company. Folorunsho Alakija was ranked by ''Forbes'' as the richest woman in Nigeria with an estimated net worth of $1 billion in 2020. As of 2015, Alakija was listed as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world by ''Forbes''. Early life and education Alakija was born on 15 July 1951 to an Social class in Nigeria, upper-middle-class family; her father was Chief L. A. Ogbara of Ikorodu, Lagos State. Her father married 8 wives and had 52 children and Folorunso's ...
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Bola Tinubu
Bola Ahmed Adekunle Tinubu (born 29 March 1952) is a Nigerian accountant and politician who served as the Governor of Lagos State from 1999 to 2007 and Senator for Lagos West during the brief Third Republic. In June 2022, he was chosen as the All Progressives Congress nominee in the 2023 Nigerian presidential election. Tinubu spent his early life in southwestern Nigeria and later moved to United States where he studied Accounting at Chicago State University. He returned to Nigeria in the early 1980s and was employed by Mobil Nigeria as an accountant, before entering politics as a Lagos West senatorial candidate in 1992 under the banner of the Social Democratic Party. After dictator Sani Abacha dissolved the Senate in 1993, Tinubu became an activist campaigning for the return of democracy as a part of the National Democratic Coalition movement. Although he was forced into exile in 1994, Tinubu returned after Abacha's 1998 death triggered the beginning of the transition to the ...
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Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ...
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Non-profit Organisation
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Intra-industry Trade
Intra-industry trade refers to the exchange of similar products belonging to the same industry. The term is usually applied to international trade, where the same types of goods or services are both imported and exported. Examples Examples of this kind of trade include automobiles, foodstuffs and beverages, computers and minerals. Europe exported 2.6 million motor vehicles in 2002, and imported 2.2 million of them. Japan exported 4.7 million vehicles in 2002 (1 million of which went to Europe, and 2 million to North America), and imported 0.3 million. Explanation Why do countries at the same time import and export the products of the same industry, or import and export the same kinds of goods? According to Nigel Grimwade, "An explanation cannot be found within the framework of classical or neo-classical trade theory. The latter predicts only inter-industry specialisation and trade". However, this is far from the case. The traditional model of trade were set out by the model of D ...
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Pan-Africanism
Pan-Africanism is a worldwide movement that aims to encourage and strengthen bonds of solidarity between all Indigenous and diaspora peoples of African ancestry. Based on a common goal dating back to the Atlantic slave trade, the movement extends beyond continental Africans with a substantial support base among the African diaspora in the Americas and Europe. Pan-Africanism can be said to have its origins in the struggles of the African people against enslavement and colonization and this struggle may be traced back to the first resistance on slave ships—rebellions and suicides—through the constant plantation and colonial uprisings and the "Back to Africa" movements of the 19th century. Based on the belief that unity is vital to economic, social, and political progress and aims to "unify and uplift" people of African ancestry. At its core, pan-Africanism is a belief that "African people, both on the continent and in the diaspora, share not merely a common history, but a c ...
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University Of Lagos
The University of Lagos, popularly known as UNILAG, is a public research university located in Lagos, Nigeria and was founded in 1962. UNILAG is one of the first generation universities in Nigeria and is ranked among the top universities in the world in major education publications. The university presently has three campuses in the mainland of Lagos. Whereas two of its campuses are located at Yaba (the main campus in Akoka and the recently created campus at the former school of radiography), it's college of medicine is located at Idi-Araba, Surulere. Its main campus is largely surrounded by the Lagos lagoon and has 802 acres of land. The University of Lagos currently admits over 9,000 undergraduate students annually and enrolls over 57,000 students. A visitation panel, created to look into the affairs of the university between 2016 and 2020 detected cases of financial abuses from top officials and ordered the university to close accounts with commercial banks. On 7 October ...
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2010 Establishments In South Africa
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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