Look at the picture below carefully and read the sign there. You'll see one of the ins-and-outs of real estate in Nigeria – and I suspect that similar ones may appear in the rest of Africa: Yes, you got it right!: "This property is NOT for sale." Unusual, isn't it? Not so here, where you…

According to Eurostat, the annual inflation rate in the Euro area was only 0.7% in February 2014. A year earlier that same rate stood at 1.8%. This has prompted concerns about the Euro Area slipping into deflation. Deflation is defined as a general decrease of the price level. There have been several such episodes in…

William Hewlett and David Packard, who I have had the honor of meeting personally, were two very different people who together created an amazing company called Hewlett-Packard.  The two made up an entrepreneurial team: a group of entrepreneurs who together launch a new enterprise intelligently combining their capabilities. This is a situation that is becoming…

In a previous post, I talked about street vendors in Lagos. You may be surprised that street trading has been banned in the state. This is one of the first things I heard when I had just arrived here. How come street trading is banned, and you see street vendors all over? It's an indicator…