With poor infrastructure, pervasive corruption, and widespread poverty, being an entrepreneur in a developing country in Africa can be quite a challenge. But to one , a problem became an . Oliver Nizeyimana started a bus transportation company in the year before he graduated with a degree in management. As a student of the National University of Rwanda in Butare, it would take him a very long time to get to class, and he had an idea to start a bus company that stressed punctuality. He saw an opportunity and took advantage, but it wasn’t without many obstacles and problems to overcome.
globalEDGE Blog - Page 222
Publish Date:
Africa is a land with vast natural resources, but they come at a high price. Africa is known for having some of the most unstable countries in the world. Even with these dangers, China has broadened its exposure in the region to secure the natural resources needed by the factories and businesses of the world’s fastest growing economy.
Publish Date:
What happens when you mix a close proximity to fast growing nations and an abundant supply of natural resources? An impressive economic boom, but a fear of being highly dependent on a few key nations. Australia is currently enjoying not only a very lucrative demand for its natural resources from China and India, but is also becoming a tourism hotspot for the people of China.
Publish Date:
With growing food and energy prices worldwide, it may be surprising to hear that some consumers are willing to pay more for certain food products. This is the case in the where sales of fairly traded products have beaten the trend of decline in the retail market and . Fairtrade products have higher prices than normal food products but in return consumers feel as Fairtrade goods are marked with higher environmental standards. Perhaps more importantly, these fairly traded food products ensure that producers in developing countries are paid properly for their hard work while also promoting better trading conditions between global businesses.
Publish Date:
The in Australia has seen brighter days. The once supreme car industry used to flourish with seven major auto manufacturers. There are now only three (Ford, Toyota, and General Motors Holden), and their future in the nation is uncertain. The industry is propped up by government support and in need of a revival. Is the industry holding onto false hopes of prosperity? Or is it going to show its typical resilience and bounce back from another punishing year?
Publish Date:
The has faced years of harsh wars leaving the country deeply stricken by poverty, but now the country moves forward and has its eyes on recovery. A large scale plan to build a hydropower dam capable of producing enough electricity for the entire country has kept hopes high in Congo. If constructed the Inga Three dam in Congo would be Africa’s largest hydropower dam and would produce twice as much electricity as the major Three Gorges dam in . The country’s multitude of rivers offer enormous potential for hydropower but Congo faces many difficulties if it wants to accomplish its goals.
Publish Date:
Recently, Novozymes, a company that makes enzymes used to make goods such as household detergents and soft drinks, announced that it has developed an enzyme that will make it possible to derive cellulosic ethanol from waste material like household trash or corn husks. This company has discovered something that has been sought after by many clean energy producers- a way to inexpensively . Novozymes officially announced its new enzyme, Cellic CTec3, February 22, 2012, and already has deals in place to begin supplying it.
Publish Date:
In many of the leading construction markets, the market for sustainable construction is expanding rapidly. This standard with the introduction of the LEED certification for buildings. LEED stands for Leadership in Energy and Environmental Design and was developed by the United States Green Building Council. This standard has started to transform the and is now taking off elsewhere in the world as well.
Publish Date:
In today’s blog post for the , we will be looking at the commercial market for real estate, including key aspects of the industry as well as future outlooks. The market for commercial real estate is comprised of office, industrial, and retail properties that are intended to generate a profit, either from capital gain or from rental income. Global commercial real estate markets have seen much improved growth recently, up from the lows of a few years ago.
Publish Date:
Across the world, there are a wide variety of resources needed to successfully operate a business. Many people may be quick to name equipment, technology, wealth, and labor as key resources. However, a resource that is often overlooked is land. Land along with buildings located on the property make up real estate. The global real estate market holds great importance for businesses and people around the world involved in the buying and selling of property. This week the globalEDGE blog team will explore several aspects of the including private real estate and green construction. This post will take a look inside the international housing market and the market characteristics of several different countries.