The industrial 'elites' of Africa🌍

Hello Venturer, Are you watching the World Cup? Usually, my favourite thing about the event is the co The industrial 'elites' of Africa🌍 By [VA Weekly]( • Issue #124 • [View online]( Hello Venturer, Are you watching the World Cup? Usually, my favourite thing about the event is the colourful display of unity. But this year, it is the unpredictability of the game. Countries like Cameroon and Morocco have shown that there are no “world powers” or “great powers” in soccer. Only opportunities. And as long as you utilize those opportunities, the world is at your Messi. See what I did there? This seems to be the case with economic development around the world. Sometimes the countries with a lot of potential and capacity don’t get tagged “advanced” or “developed”. Look at Africa. The continent has always had the potential to expand its industrial capacity. It houses the world’s youngest population and an abundance of natural resources, yet remains at the bottom of the global value chain with its share of global manufacturing at around 1.5%. Fortunately, just like the World Cup, some countries have begun exploring their industrial opportunities. This week we explore Africa’s top most industrialized countries in 2022. Perhaps the tag “world power” is in the future of one of these African countries. Suotunimi Orufa Writer, Ventures Africa. What's New Africa’s top ten most industrialized countries in 2022 A new report by the African Development Bank (AfDB), the African Union and the United Nations Industrial Development Organization (UNIDO) shows that 37 African countries have industrialized in the last decade, howbeit slowly. The report, titled “Africa Industrialization Index 2022,” captures the continent’s progress with industrialization at the country level over recent years. [Learn more.]( My Pivot Journal: How Toyin Aminu found her way to tech with no prior skills When the tech wave took over social media in 2020, Oluwatoyin Aminu wanted to be a part of it. After months of applying to tech companies, she finally got a foot in the door and now works as a Business/People Operations Associate at a Lagos-based venture studio. [Read more.]( AFIS 2022: Stimulating dialogue to build a robust financial industry for sustainable development in Africa On Monday, November 28th, 2022, over 800 African finance leaders, bankers, insurers, regulators, central bank governors, public policymakers, innovators, fintech leaders and journalists converged in Lome, Togo, for the African Financial Industry Summit. The goal was to discuss and develop solutions to expedite the continent’s economic recovery in the face of the ongoing global economic crises. [Read more](. Startup Legal is filling the legal knowledge gap for Nigerian businesses and creators Social media has made it easier for people to start businesses and become recognizable brands. Unfortunately, this means many brands and creators are susceptible to legal infringements. This knowledge gap has resulted in reputational and financial losses. This is why business lawyer Mobolaji Olotu started Start-Up Legal, an online legal consultancy firm for small businesses and creators. [Read more](. Weekly Economic Index: An interesting naira, student loans, & Ghana’s golden strategy On Tuesday, November 22nd, 2022, the Central Bank of Nigeria (CBN) announced a surprise reveal of the new naira notes. According to Godwin Emefiele, the CBN was no longer waiting till its initially proposed unveiling date of December 15th. So it made the reveal on Wednesday, November 23rd. [Read more](. Our Weekly Collectibles - [This profile]( on Nigerian singer Asake by Native Mag is a must read. And what a fitting title - [Asake’s Time](. - What life lessons can one learn from animals? Find out in this[shocking rat experiment.]( - Heard of the Panini stickers? Find out how the World Cup does more than promote unity in [Panini stickers: How a family collectibles business became a worldwide phenomenon.]( - Follow the lives of three young women who left their homes to find jobs as domestic workers in [what happened to the housegirls?]( VA BIZ HIVE: The Agric Issue The need for a technological footprint has given rise to an agritech ecosystem on the continent. Startups in this space are proferring technological solutions to problems faced in the agricultural sector with ultra-modern technologies like drones, automated irrigation systems, soil sensors, etcetera. [Read more.]( #VANUGGET Remember to stay safe Did you enjoy this issue? [VA Weekly]( By [VA Weekly]( Ventures Africa is an online business news site and community that produces stories about an evolving Africa. Our stories inspire people to positively shape their environment. We cover business, policy, innovation and culture in Africa. [Tweet](    [Share]( In order to unsubscribe, click [here](. If you were forwarded this newsletter and you like it, you can subscribe [here](. Powered by [Revue](