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Do you know who the richest woman in Africa Angola is?

Wealth is blind to gender. The fact that Africa has some of the richest women on earth only iron the belief that there is absolutely nothing that if a woman wants to achieve something then there is nothing that can stop her from getting that. One such woman is Isabel dos Santos. She is the richest woman in Africa Angola.

Why is Isabel dos Santos famous?

That she is the richest woman in Africa Angola is the top of the ice berg. She is much more than just being the wealthy, successful business woman or being the erstwhile President’s daughter or wife of Sindika Dokolo. She has extensive business interest ranging from restaurants to several holdings and investments in Portugal. She has created a business empire that goes beyond the national boundaries.

The vision of Isabel dos Santos

She is visionary who believes that the responsibility of every successful woman entrepreneur goes beyond just creating and expanding her own business. She must also encourage and support other women who can then also become success stories themselves.

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What are the Economic problems in Luanda?

Does Luanda the world’ most expensive city has any economic problem? To be the most expensive city and to have economical problems sounds like a paradox. But reality is different in Luanda, the capital city of Angola. The economic problems in Luanda have to be studied in details.

The major economic problems of Luanda

The first and foremost economic problem of Luanda is the vast divide between the rich and the poor. On one hand Luanda has a vast majority of extremely rich population. Owing to the status of world’s largest oil exporter Angola has a considerable rich population. But on the other hand there are poor people whose per capita income is just $2 a day. There are sky scrapers and then there people jostling for space in tenements. Electricity is one of the major problems. A major part of the city is left in dark after sun down.

Solution to the problems

The government must work hard to bring in considerable parity in per capita income of the entire population. It must also work towards improvement of civic facilities. The economic problems in Luanda have been solved to great extent.

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Economic Development issues in Africa

Solutions to Economic development issues in Africa

Economic development is a complex process and involves many steps. Specially in developing economies like Africa, economic development is often hampered by lot of factors like population pressure, lack of education, uneven economic growth etc. However there is solution to economic development issues in Africa.

Solutions that can bring in economic development

·        The foremost problem of economic development in Africa is lack of capital fund. This is main hindrance that not many start ups can actually survive the economic ecosystem. To solve this problem capital funding must be made available to the business owners.

·        To solve the problem of overcrowding in any particular segment there must new avenues of business. There is the issue of steep competition and it can only be solved when entrepreneurs get fresh avenues for business.

Results of economic reforms

As a result of economic development processes, many of the economic development issues in Africa have been resolved. After many years of poverty in recent times the poverty rates have reduced substantially. Thus, it can be said that the economy is growth trajectory.

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Economic development challenges in Luanda

How to overcome economic development challenges in Luanda?

If you have gone through the economic development model in Angola you will come to know that the development was very slow initially and so later there was better option as such because the economy seemed to be recovering. There were political instabilities and many financial issues that could take toll of the place. But soon everything seemed to be good and yet there were some basic economic development challenges in Luanda which are to be looked over.

The growth and inflation

As per the reports, the growth in Luanda is taking a pace and this can create better economic model for sure. Also, the inflation is under control than before. The resources that are available could be rightly channelized and this was the basic reason why people started believing that this is a good place to stay and work. Till date the businesses that came over in the city were just related to oil. But one should be able to identify the other resources as well and this will help in using the natural wealth in the right direction.

Depending on agriculture as well as other businesses

There are many things that people would want to do in life. But it is just that they have backlogs in mind. Like, when it comes to Luanda or Angola people would just think of oil related businesses and the rate of inflation and such other things. Rather than taking a negative approach, if someone can rather think about the resources that are abundantly available in the place, they the person will be able to create a master plan or a business plan where there would be good use of the resources. There would be economic development challenges in Luanda but they should be overcome with the right strategies and good ideas.

Getting over the negative things

In earlier years there were many negative things in Luanda and these would include corruption, inflation, recession, etc. But now there are identification of resources for better and perhaps this has created an idea in the air that there should be diversification in the economy. The entrepreneurs have started diverse businesses and so dependence on just the oil businesses have reduced. Perhaps this has started reducing economic development challenges in Luanda.

In fact, there have been many businessmen and women who now know what could be better deal as such. Women entrepreneurs like Isabel Dos Santos could also identify the better opportunities and with that there was betterment in the financial system as well as society as a whole. Finally, these things could take the businesses to next level and an overall economic development became the basic approach. This was how things settled in Luanda for a better and progressive future.

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African entrepreneur’s success stories that are meant to inspire.

The stories of success often do not have bright beginnings but they all have a golden ending. The sagas of building a fortune starting out of nothing may sound ambitious but have become reality for many billionaires from African countries. With sheer strength of determination and fighting against all odds, African entrepreneur’s success stories have inspired many.

What makes a millionaire?

It is often asked what it takes to become a millionaire? The reality is there no secret gene that makes one a successful entrepreneur, it is what you can do to achieve your goal that makes or breaks your dream to succeed. Once someone is determined to succeed then its easy to overcome the hurdles that come along the way. They must face challenges like lack of capital; sustenance funds etc must not be excuses to escape the struggle. African entrepreneur success stories enact the same message.

Dare to dream big

African entrepreneur success stories exist because someone has dared to dream big. They are the people who did not accept the then reality and struggled to achieve the best.

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The big dream of African entrepreneurs is shining bright. The numerous socio-economic challenges have proved failed to dampen the spirit. The African entrepreneurs success stories sing about the struggles and the victory of self-starters. Africa’s rebirth as the destination for investment is purely the fruit of the ideas and the endeavors of the entrepreneurs.

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African entrepreneurs success stories

The big dream of African entrepreneurs is shining bright. The numerous socio-economic challenges have proved failed to dampen the spirit. The African entrepreneurs success stories sing about the struggles and the victory of self-starters. Africa’s rebirth as the destination for investment is purely the fruit of the ideas and the endeavors of the entrepreneurs.

Strategies by successful African entrepreneur-

��        A number of successful entrepreneurs opine that it does not take a lot of capital for launching entrepreneurial ventures. A lot of such ventures have started out of garage and grown up to become one of the renowned entities. If someone can properly use the environment and knowledge that already there then it is possible to create a prosperous venture. True, it may need some years to take off but if the entrepreneur struggles properly then it possible to excel.

·        Start by raising small capital. It may not be possible to raise a huge capital in initial days of any business. But that should be a deterrent in carrying on the journey. Take small steps to climb up to the ladder. A few slips now and then should not be the reason to feel defeated.

·        Look for local problems. A number of successful entrepreneurial ventures take birth with the idea of solving some local problem. It could be need for any product or service.  If the business truly succeeds in solving a dominant problem, then it is sure to take off. Gradually you can identify many others areas having similar problems and it is possible to expand the business to such areas.

The prime focus entrepreneurs

All successful African entrepreneurs success stories have one thing in common. That is the ability to see the big picture. The aspirants must learn to look beyond now and envision the larger picture. Once this basic skill is learned it is easy to spot opportunities. Entrepreneurs must learn to cash on the most from present opportunity.

 Entrepreneurial journey is all about uncertainty and struggle. There are always obstacles. One must stay ahead of competitors.  There is never a smooth road; there is always the risk of failures. Every great African entrepreneurs success stories have ups and downs. Entrepreneurs must have the ability to sail through these difficult times.

  What the story of Isabel dos Santos teaches?

 The story of well known entrepreneurs like Isabel dos Santos teaches some vital things to budding entrepreneurs. Her story is that of thinking bog and making it into reality. It is also about thinking ahead. It is very vital for entrepreneurial aspirants to be able to think ahead of their time. She also shows the world the importance of sustenance. Being the richest woman in Africa she has carried out her duties towards the nation beautifully.

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Isabel Dos Santos

Entrepreneur in Africa – A fresh business frontier

It is a common notion that When it comes to establishing and conducting business in Africa entrepreneurs have to face political instability, loose regulations and unfavorable weather as some of the common challenges. But what goes often unnoticed is that there is tremendous potential of the continent as emerging destination for entrepreneurship. Some western countries have already opened the doors of investment in the huge continent. The commercial landscape of the continent is sure to undergo a sea change in coming years. Entrepreneur in Africa is one of the emerging avenues of business.  

Factors which are influencing the entrepreneurial culture

Africa is an emerging star of tech world. Thus, entrepreneurial scope in the technical field is immense in the African continent. This is because the continent has a huge untapped youth population. The next generation of tech talents have immense field of opportunity in Africa. The fact that Africa has youngest population in the world and the trend is going to continue only shows that in future anyone looking for young workforce must turn towards Africa. Entrepreneur in Africa is a sunshine sector.

Technology as a major boost to the economy-

Entrepreneurs in Africa can tap from the opportunity that the continent is fast waking up to the use of technology in every sphere of life and business. Be it use of mobile phones or use of advantage information technology, technology is projected as one of the main spheres which will see tremendous growth. Clearly Africa is going digital. Numerous tech hubs have come in the continent. The rise of the digital-savvy young people has placed Africa into the center place of technology development scenario.

Challenges for African entrepreneurs

Any entrepreneurship in Africa should be aware of the local culture and customs. The entrepreneurs must be on the same track as the contractors, local workforce and needs of the local economy. To be one with local culture is the secret to succeed as an entrepreneur in Africa. But this can get daunting at times. It is highly recommended that entrepreneurs have a thorough knowledge of the locality they are operating for. The companies must entice the local youth to join their work force to create a sense of belonging with the venture.

How employee centric system helps an entrepreneur in Africa

As it has been discussed earlier, Africa has a huge young population. It is to say that there is huge workforce available. But to use the workforce to its fullest entrepreneur in Africa must apply an employee centric approach. The youth of Africa have acquired new knowledge and expertise. They want to be involved in greater roles in business management. The most successful entrepreneurs must introduce a collaborative approach which will look into the development of the both the organization and the employees simultaneously.

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It is a common notion that When it comes to establishing and conducting business in Africa entrepreneurs have to face political instability, loose regulations and unfavorable weather as some of the common challenges. But what goes often unnoticed is that there is tremendous potential of the continent as emerging destination for entrepreneurship. Some western countries have already opened the doors of investment in the huge continent. The commercial landscape of the continent is sure to undergo a sea change in coming years. Entrepreneur in Africa is one of the emerging avenues of business

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isabel dos santos

Isabel Dos Santos- a great contribution towards women emancipation

Why a successful businesswoman?

Isabel Dos Santos is a great inspiration for all Angolan women. She is a renowned lady and the richest Angolan businesswoman today. We all have read her story. She is not just a businesswoman; there's much more about her which people are yet to know and discover. Besides a businesswoman and a mother, she plays a greater role, a role which is so very important today. Isabel has contributed all her effort and hard work for woman emancipation. She has created many opportunities for common Angolan women in the field of education, jobs, and career building. She has definitely been an idol and inspiration for many women.

‘’Africa is my priority’’- Isabel Dos Santos

As Isabel Dos Santos has said, the development of Africa is her priority as a businesswoman not only that she believes in talent and thus every day she invests in empowering the next generation of leaders. Her main goal and aim as a businesswoman to boost the growth of Angola and uniting her country with the outside world.

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Energy Saving Solutions

Why Should You Install Energy Saving Solutions in Your Office?

You have to make sure that you save your expenditure if you want to scale your business to the very next level. The energy cost of the offices is generally on the higher side. However, taking a smart move and having energy saving solutions in the office could reduce the office expenditure in a great way. Here is why you should have energy efficient solutions.

Save Office Bills

When you have energy saving solutions in your office, you will be able to save your office expenditure significantly as you will not be paying such high expense energy bills for your office.

Save Nature

Because of installing energy efficient solutions in your office, you will be helping the world to sustain nature and prevent global warming from damaging the earth.

Therefore, you should definitely look for energy saving solutions in your office because it will help you to reduce expenditure in a smart way. You will be able to scale your business efficiently because of this.

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