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La Maison de l’Attieke

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C’est le nom du nouveau supermarché qui a ouvert a Conakry ce 23 mai 2021. Il propose un assortiment de produits en provenance d’Afrique et spécialement un rayon spécial attieke.

Attieke Diététique: Amidon et Gluten extrait du manioc. Recommandé pour les diabétiques

Attieke Abgodjama petit et gros grains

Attieke ordinaire

A Conakry, les rayons des supermarchés contiennent peu de produits produits localement ou même africain. C’est une innovation qui permet de valoriser le savoir-faire local.

African Media Agency -English

Mastercard Foundation Appoints Robin Washington to Board of Directors

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TORONTO, Ontario, June 22, 2021 -/African Media Agency(AMA)/- The Mastercard Foundation announced changes to its Board of Directors. Robin L. Washington was appointed to the Board and long-time Board member President Festus G. Mogae will be retiring.

“I’m thrilled to welcome Robin Washington to the Board,” says Zein M. Abdalla, Mastercard Foundation Board Chair. “As you can see from Robin’s biography, she brings a fantastic range of operational experience and insight that will benefit the Foundation enormously as we continue to expand our impact.”

Robin L. Washington is currently a member of the Board of Directors of Alphabet, Inc., Honeywell International, Inc., and Salesforce.com. She served as Vice President and Chief Financial Officer of Gilead Sciences, Inc. from May 2008 until November 2019, where she oversaw Global Finance, Facilities and Operations, Investor Relations and the Information Technology divisions. Prior to Gilead, she was the Chief Financial Officer of Hyperion Solutions, Inc. Ms. Washington is a certified public accountant. She holds a bachelor’s degree in business administration from the University of Michigan and an MBA from Pepperdine University.

“The Mastercard Foundation does not shy away from the complex challenges facing the world in these unprecedented times,” says Washington. “They have an ambitious goal that will drive meaningful change and impact the lives of millions of young people living in poverty. I am looking forward to being a part of the Foundation’s Board and contributing to this important work.”

Current Board member President Festus G. Mogae is retiring from the Board after 11 years of service. He led the Republic of Botswana from 1998 to 2008 and focused his efforts on fighting poverty and unemployment as well as reducing the spread of HIV/AIDs. President Mogae is the recipient of several international awards, including the Ibrahim Prize for Achievement in African Leadership and the Grand Cross of the Légion d’honneur presented to him by French President Nicolas Sarkozy in 2008 for his exemplary leadership in establishing Botswana as a “model of democracy and good governance.” President Mogae currently serves as a Trustee of the Rhodes Trust and is an Honorary Member of the American Academy of Arts and Sciences.

“President Mogae is deservedly celebrated for his work across Africa and globally. He has long been an advocate for peace and a supporter of human rights, and his active leadership has enabled the advancement of economic and social progress on the continent,” says Abdalla. “On behalf of the Foundation, I sincerely thank him for his wisdom and service over the years. He will be deeply missed.”

Mastercard Foundation Board of Directors
The Mastercard Foundation Board of Directors currently includes:

  • Zein Abdalla, Mastercard Foundation Board Chair and retired President of PepsiCo, Inc.
  • Valerie Amos, CH, Director of SOAS, University of London and former Under-Secretary-General for Humanitarian Affairs and Emergency Relief Co-ordinator
  • The Honourable Louise Arbour, Jurist in residence at Borden Ladner Gervais LLP and former justice of the Supreme Court of Canada
  • Doug Baillie, Retired Chief Human Resources Officer of Unilever
  • Craig Calhoun, Professor of Social Sciences, Arizona State University
  • Jennifer Fonstad, Co-Founder, Aspect Ventures
  • Dr. Jendayi Frazer, Managing Partner, African Exchange Holdings Company; President of 50 Ventures, LLC; and former U.S Assistant Secretary of State for African Affairs
  • Jay Ireland, Retired President and CEO, GE Africa
  • Jim Leech, CM, Senior Advisor with McKinsey & Company; former Chancellor of Queen’s University; and retired CEO of Ontario Teachers’ Pension Plan
  • Michael Sabia, Deputy Minister of Finance Canada and former Director of the Munk School of Global Affairs & Public Policy at the University of Toronto
  • Ellen Johnson Sirleaf, Former President of Liberia and Nobel Peace Prize recipient
  • Robin L. Washington, Former Executive Vice President and Chief Financial Officer at Gilead Sciences, Inc.

Distributed by African Media Agency (AMA) on behalf of Mastercard Foundation.

About the Mastercard Foundation
The Mastercard Foundation is a Canadian foundation and one of the largest foundations in the world with more than $39 billion in assets. For more than a decade, the Foundation has advanced financial inclusion and education in Africa, improving the lives of more than 45 million people living in poverty. The Foundation was created in 2006 through the generosity of Mastercard when it became a public company. Since its inception, the Foundation has operated independently of the company. The Foundation’s policies, operations, and program decisions are determined by its Board of Directors and President and CEO. For more information on the Foundation, please visit: www.mastercardfdn.org

For more information, please contact:
Toni Tiemens
Head of Corporate Communications
ttiemens@mastercardfdn.org

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Why Agribusinesses suffered during Covid-19 lockdown – Lessons for other Businesses

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Agribusinesses play a vital role in ensuring food security and the overall growth and development of the nation. However, these benefits came under threat at the onset of the novel coronavirus.

In June 2021, a survey was conducted by the Ghana Statistical Service, funded by the German Ministry for Economic Cooperation and Development (BMZ) and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in partnership with the United Nations Development Programme (UNDP). Findings included the following:

  • an estimated 16,091 representing 11.6% of agribusinesses closed due to the lockdown remain closed after the lifting of the lockdown measures (May 2020-Jan.2021).
  • about 30.7%, an equivalent of about 42,396 agribusiness firms, were closed during the lockdown.
  • 175, 255 Agribusiness workers had their wages reduced during the lockdown. During the post lockdown period, that figure rose to 267, 211
  • 44.7% of the total workforce in agribusiness in the industry sector were laid off by the firms as a result of the lockdown. This translates into the laying off of an estimated 22,873 workers and a wage reduction for 63,167 workers.
  • more than two-thirds representing 67.6% of agribusiness firms reported a decrease in average monthly sales by 48.8%.
  • post the lockdown, 61.5% of agribusiness firms still reported a decline of 41.2% monthly sales.

How COVID-19 drove most agribusinesses into closure and massive layoffs

The above statistics reveal a cut-throat impact of the coronavirus on the Agribusinesses. But how did COVID-19 unleash such devastation?

After the confirmation of two positive cases of the coronavirus in the country last year, the Government swiftly introduced restrictive and preventive measures to contain the spread of the virus as well as a 3-week partial lockdown in the major cities (Accra and Kumasi). The lockdown protocols included:

  • A ban on public gatherings (weddings, parties, concerts, funerals political rallies, religious ceremonies etc)
  • Restrictions on movement of persons
  • School closures
  • Travel bans
  • Border closures
  • Social distancing protocols
  • Wearing of masks among others.

After the 3-weeks partial lockdown, the Government began to ease restrictions. This however, did not mitigate the devasting impact of the lockdown on Agribusinesses.

Although food supply was exempted from the restrictions, non-food agribusinesses such as extension services, farm inputs, and agricultural labour were all impacted by the lockdown. This had the resultant effect of derailing the food supply network. Also, hotels, restaurants, chop bars, schools and public events that demand a high intake of food supply had to close down. With the lack of demand, most agribusinesses had to go out of business since their key buyers were facing restrictions in their operations. This led to dwindling sales, wage cuts and the laying off of workers to ‘keep their head above water.’

Lessons for Others

Despite the struggle for some agribusinesses, others managed to stay in business with some recording increase in profit margin. The question of how comes to play.

According to the report, some agribusiness firms adopted the use of digital technology (social media, mobile money, the internet and audiovisual media) to market their products and services. Also, some agribusinesses resorted to the use of courier services to transport their goods to existing and potential consumers. Thus, they managed to mitigate the impact of the coronavirus.

  • About 5.1% of all agribusinesses either adopted or increased the use of the internet for their operations, and 36.5% used mobile money in business transactions.
  • 4.8% of agribusinesses began using or increased door-to-door delivery via courier services in response to the COVID-19 outbreak.
  • Agribusinesses within the industry sector used fairly more digital solutions (internet, 8.7%; mobile money, 37.5%) with 10.7% door-to-door delivery via courier services.

The foremost lesson here is for businesses to remain dynamic, innovative and resilient in difficult times. The boat may stay afloat irrespective of the storm if its is steered in the right direction.

The post Why Agribusinesses suffered during Covid-19 lockdown – Lessons for other Businesses appeared first on Ghana Talks Business.

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She left the bank after 7 yrs to pursue an internationally recognized luxury hair business

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Leaving an assured, constant income stream to pursue one’s passion which is riddled with uncertainties can be a frightening and questioning moment in one’s life.

Pursuing one’s dream requires a vicious sense of tenacity, determination, and consistency to make that smooth transition from passion to a profitable business.
This vicious sense of tenacity, determination, and consistency is what made Mrs Gwyneth Gyimah Addo leave her banking job which offered her a consistent flow of monthly income to charter the course of entrepreneurship. She subsequently established a luxury brand in hair known as the Hair Senta.

About Mrs Gwyneth Gyimah Addo
Mrs Gwyneth Gyimah Addo graduated from the University of Ghana, Legon in 2006 with a BA in Philosophy. She further gained an Executive MBA from China Europe International Business School (CEIBS). She is the Chief Executive Officer of the luxury hair brand, The Hair Senta which she commenced in 2008.
She began selling 100% human hair extensions on a very small scale from the trunk of her car while working at the bank as an Associate Relationship Manager. She later resigned in 2012 to fully commit to the business as it began to witness growth.

“I used to work with Standard Chartered Bank, I did that for seven years and resigned in 2012 but before that, I had started The Hair Senta on a very small scale by selling in the bank and doing door-to-door sales,” she recalled in an interview.

With exponential growth, the Hair Senta has become more than a selling point for human hair. Today, the Hair Senta offers treatment for all hair types and scalp conditions. Gwyneth currently has branches in Accra, Kumasi, a franchise in Koforidua, and wholesalers in Cape Coast, Takoradi, and Tamale. She is also represented internationally by wholesalers in the USA, UK, Liberia, Ivory Coast, Kenya, South Africa, Sweden, and Togo.

“We created a brand when we started in 2012 and here we are today. We ship to Germany, Ukraine, etc. We collect hair from all across the world. When you come to The Hair Senta, there is no human hair you cannot find. We have them all, just name it,” she said in an interview.

Entrepreneurial and Business Skills
Gwyneth applied the skills and knowledge she gained from working in the bank and her educational background in entrepreneurship and innovation from the China Europe International Business School (CEIBS) into the management of her small business. This transformed her small business into an international luxury hair brand. According to Gwyneth one key growth to success is the company’s excellent customer service.

“The Hair Senta competes on exceptional customer service, we compete on customer service because we know women need extra care. We do deliveries also. We have branded bikes and as soon as a client calls, we deliver”, she said.

Gwyneth leveraged social media particularly Instagram to build her successful brand. Now, the Hair Senta has over 217,000 active followers on Instagram. Gwyneth has the vision of making Hair Senta the most successful hair company in the world out of Africa. One of the ways she planned to do this was by introducing the prestigious Hair Senta International Beauty Show (HIBS Africa). An annual intercultural beauty show and exhibition that seeks to project local brands in the space of Hair and Beauty all across Africa to the world.
Gwyneth also offers business coaching for existing corporates, struggling, and start-up businesses.

Her Achievements & Awards
Married with two kids, Mrs. Gwyneth Gyimah Addo has received several awards for her achievements. She was the recipient of the CEIBS Africa “Organizational Impact Award” in 2016 and the recipient of “Most Promising Female Entrepreneur” by the CEIBS Alumni in 2017. She also won the Sales and Marketing for the 40 under 40 Awards in 2019.

The post She left the bank after 7 yrs to pursue an internationally recognized luxury hair business appeared first on Ghana Talks Business.

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