Tuesday, 16 August 2022

In Finance

Money Transfer is on the rise in Africa, and there are several brands taking the lead in dominating territories and other market segments. Remittance flows to sub-Saharan Africa were recorded to be $48 billion in 2019, but the true total is likely to be significantly larger. Nigeria alone received about half of total remittance flows to sub-Saharan Africa.

At some stage most entrepreneurs have the desire to start their own businesses but don’t really know how to manoeuvre. There is one key area where entrepreneurs seem unsurpassed in self-inflicting damage: not having to calculate the cost of implementing their business plan and lack of awareness on the benefits of asset-based loans.

Cabanga Media Group (Pty) Ltd is publisher of thoughtful business magazines in several African markets, whose titles include Cabanga Magazine in South Africa, Moakanyi Magazine in Botswana, Mufakir Magazine in Egypt, Fikiria Magazine in Kenya, Yaada Magazine in Ethiopia, Ironu Magazine in Nigeria, and Ganizo Magazine in Zambia.