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Africa

March 2, 2018

Billionaires are growing in numbers and many want philanthropic advice, but public trust in charities has dropped and challenges remain in getting donations to where funds are most needed.

Billionaires are growing in numbers and many want philanthropic advice, but public trust in charities has dropped and challenges remain in getting donations to where funds are most needed.

These were among the international perspectives and trends in philanthropy discussed at the first Philanthropy Programme event for 2018, organised by Philanthropy Impact and the STEP Society.

August 4, 2016

Heineken share prices have dropped after the Dutch family brewer reported a 4.9% slowdown in global growth over the first six months of 2016 compared to last year.

Heineken share prices have dropped after the Dutch family brewer reported a 4.9% slowdown in global growth over the first six months of 2016 compared to last year.

The world’s third largest brewery announced this week that growth in beer volume in Asia Pacific at 16%, Europe at 2.4% and the Americas at 1.6% offset a marked 5.9% drop in growth in Africa, the Middle East, and Eastern Europe.

February 5, 2016

Marketing your family business in a war-torn country might sound like a heavy cross to bear, but for Wafa Elnefeidi, third-generation general manager at Sudan’s Elnefeidi Group, the main challenge stems from gender inequality. 

Keeping a business afloat through two rounds of north-south civil war is no easy task. Imagine then the challenges of building out a marketing department in the same environment. Yet at the Elnefeidi Group, one of Sudan’s most prominent family-owned conglomerates, marketing has been a staple for more than 80 years.

October 10, 2014

Asia, the Middle East and Africa are currently some of the fastest growing economies in the world. Now a new report profiles what makes the regions’ high net worth business owners tick.

Founded in 1974, Foxconn, a Taiwanese electronics empire, already has revenues of $131.8 billion (€104.4 billion). It’s not a consumer brand, but its electrical components power iPhones, Kindles and Playstations, among other gadgets. Still in the hands of its founder, Terry Gou, the company is an example of the way private business can exploit the skyrocketing economies of developing regions.

August 12, 2014

Harnessing the collective power of family capital is not a new concept. But One Thousand & One Voices is adding a twist: calling on families’ sector expertise and intellectual firepower to super-charge emerging market SMEs. Just don’t call it impact investing. 

For more than 20 years, McKay Belk, in his role as president and chief merchandising officer at his family’s third-generation family business Belk, has spent hundreds of hours every year crisscrossing the globe with his team.

He travelled widely to source products from across southeast Asia, China, India and Africa to stock its 300 plus stores - Belk is the largest privately-owned department store chain in the US generating $4 billion (€3 billion) in revenue in 2013.

February 25, 2014

Welcome to CampdenFB’s fourth annual Top Family Business Leaders list, and, aided by a panel of experts, we have scoured the globe to find the individuals heading some of the most innovative, fastest growing and influential businesses on the planet.

It's that time of year again – CampdenFB's annual Top Family Business Leaders list. This year we bring you 60 of the most successful stewards and innovators in family business across the globe.

October 8, 2013

Africa is home to more than triple the number of billionaires than previously thought, according to a new rich list produced by a local business publication, putting it on par with Latin America in terms of its billionaire population.

Africa is home to more than triple the number of billionaires than previously thought, according to a new rich list produced by a local business publication, putting it on par with Latin America in terms of its billionaire population.

May 9, 2013

Dr John Coors, fourth-gen chief executive of ceramics company CoorsTek and a member of the Coors brewing dynasty, is behind the launch of an investment group targeting Africa that plans a new approach to investing in the continent.

Dr John Coors, fourth-gen chief executive of ceramics company CoorsTek and a member of the Coors brewing dynasty, is behind the launch of an investment group targeting Africa that plans a new approach to investing in the continent.

March 28, 2013

First-generation wealth still dominates fortunes in emerging markets, meaning that companies started by entrepreneurs in these regions haven’t yet established recognisable global brands.

First-generation wealth still dominates fortunes in emerging markets, meaning that companies started by entrepreneurs in these regions haven’t yet established recognisable global brands.

These are among the main findings of a new study by Forbes Insights and Societe Generale Private Banking, which found the majority – 78% – of emerging-market fortunes were first-generation and came from entrepreneurial ventures. Only 20% of those surveyed had inherited their wealth.

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