Affordable co-working spaces for Startups in Nigeria (Lagos & Abuja)

As a small startup with limited resources trying to scale, it is almost impossible to invest in an office infrastructure – even though you might need it, probably for business meetings, conducting interviews, employee training’s and seminars etc. This is where co-working spaces are useful. Co-working is a cost-effective method of working, they are shared office facilities where startups and freelancers can work in collaboration or independently.

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Grit Real Estate taking big strides in Africa

Grit Real Estate (JSE: GTR) is leading the charge of investing in the African property industry. It should double its asset base in the next two years and expand beyond owning investments in 7 African countries.

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As virtual office demand rises, outlook for commercial properties remains bleak

Notwithstanding permutations by some industry gurus that the sector will perform better this year, the outlook for the commercial properties still remains bleak. The economic environment has remained low, operating at far below par, according to the estate firm, Messrs Ubosi Eleh and Company in its 110-page special annual publication titled: ‘The Nigeria Real Estate Report.’ “It will require much more than optimism to impact and cause rents to rise, or even translate to higher demand for office space,” the documents revealed.

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Preparing to take AfCFTA by storm

AFTER a prolonged period of indecisiveness, Nigeria has eventually taken the bold step to sign up to the African Continental Free Trade Area agreement, a step perceived as capable of redefining the economic trajectory of the continent’s most dominant economy. There is no doubt that Nigeria is joining the grouping reluctantly. But, having risen up to the bait by inking the deal more than a year after other African countries gathered in Kigali, Rwanda, to sign the agreement, it is now left for the country to make the best out of it.

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US unveils new initiative to grasp Africa’s huge commercial potential

The United States of America has unveiled an initiative called ‘Prosper Africa’ through which it aims to substantially increase two-way trade and investment with Africa. This ambitious initiative, which aligns with the Trump administration’s Africa strategy, was unveiled in Windhoek on Friday by US Ambassador Lisa Johnson, and counters US investment flows that have in recent years remained relatively flat compared to countries like China, India and France.

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