Browsing Tag

entrepreneurs

Entrepreneurs Hail FCMB’s Business-Boosting Training

In the vibrant and ever-evolving landscape of entrepreneurship, how does one keep pace? From March 12 to 21, 2025, an innovative initiative unfolded, spotlighting essential facets like financial management, digital marketing, business planning, and advocating sustainable growth practices. Additionally, some participants were fortunate to receive complimentary business registration, courtesy of the Corporate Affairs Commission (CAC), with support from the bank. The transformative power of this training…

U.S. Halts Nearly $1 Billion for Entrepreneurs in Africa

A sudden twist in international economic policies. The stage set by former U.S. President Donald Trump’s administration presents African startups with a stark challenge. An unexpected financial drought beckons, as U.S. aid cuts loom over the budding entrepreneurial scene across the continent. Could it be that years of progressive strides are on the brink, teetering due to shifting political winds? How does a continent so reliant upon global harmony recalibrate when the scales of support tip? Enter DOGE Post…

Mastering Business: Lessons Entrepreneurs Learn from Poker

Every entrepreneur dreams of achieving success, yet distinguishing a dreamer from a doer often comes down to sharp decision-making, adept risk management, and that ever-elusive adaptability. Intriguingly, these skills are not unique to business; they echo keenly within the realm of poker. Let's explore how the art of poker might just provide the edge businesses need to thrive. Resourceful poker players strategically employ decision-making under pressure. They hone their skills through continuous practice, akin to how…

M23 Insurgents Capture Regions of Goma, Plunging Somali Entrepreneurs into Uncertainty

In a corner of the world often scarred by turmoil, the picturesque city of Goma in eastern Democratic Republic of Congo finds itself shrouded in a thick cloud of violence once more. The relentless guns and recrudescent battles between the M23 insurgent faction and national forces have thrust the city into a maelstrom of chaos, displacing countless souls and quaking the very foundation of livelihoods and trade.

Somali Entrepreneurs Navigate Health and Economic Impact of Los Angeles Wildfires

Monday January 13, 2025 Under the golden yet oppressive Californian sun, Hussein Mohamud Bulow finds himself contemplating the menu at his quaint Somali eatery tucked away in southern Los Angeles. It's hard not to notice the weight on his shoulders as he wistfully recalls better days before the thick shroud of smoke and ash from the encroaching wildfires turned life topsy-turvy. These blazes have painted a rather grim picture, discouraging Angelenos from venturing out for a meal and leaving local business owners, like…

NISA Detains Two Individuals Linked to Murder of Mogadishu Entrepreneurs

Mogadishu (AX) — The National Intelligence and Security Agency (NISA) of Somalia has taken two individuals into custody suspected of being responsible for the slaying of two entrepreneurs in Darussalam, a district in Mogadishu.On Wednesday, a NISA spokesperson released a statement indicating that the arrested pair are connected to the deaths of notable businessmen Hilowle Ibrahim and Ahmed Samatar Ali. They added that a third person suspected of involvement is currently at large and actively being hunted by…

Alleged al-Shabab Assailants Take the Lives of Three Entrepreneurs in Mogadishu

Mogadishu (AX) — On Monday, in the Yaqshiid neighborhood of Mogadishu, three young entrepreneurs tragically lost their lives, and another was injured by gunmen believed to be affiliated with al-Shabab. The attackers, wielding pistols, invaded their business location.This violent incident seems to be a direct consequence of these entrepreneurs introducing CCTV cameras at their establishments, as part of a government directive aimed at enhancing security. Al-Shabab had previously issued warnings of violent repercussions for…

Small entrepreneurs benefit from free microfinance from a local bank

Small entrepreneurs benefit from free microfinance from a local bank MOGADISHU, Somalia - The private Salaam Somali Bank's branch in Hamarweyne, Mogadishu, on Thursday provided entrepreneurs with free microfinance as part of the annual non-profit investment program called "Qardu Hassan". The annual fund is aimed at developing and encouraging small businesses across Somalia, according to the bank's…

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