Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in companies across West Africa. He spoke to How we made it in Africa editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor. Topics discussed during the interview include: The…
Maggie Stainton, who manages local pub C’est What in Toronto’s St Lawrence Market district, became emotional when she spoke about Canada’s frayed ties with the US. “It’s too volatile with the United States,” she said. “I feel that there’s some stability in Europe.” For decades, America has been a cultural centre of gravity that is…
The EU has announced plans to restrict social media access for under-15s across its member states, in a bid to increase wellbeing and tackle online safety. Under the plans, there would be a gradual approach to children using social media which would include banning under 13s from accessing platforms. Those aged 13 to 15 would…
Piddington, England — A tiny English village has voted overwhelmingly to leave the United Kingdom in a symbolic referendum triggered by government plans to house more than 1,200 male asylum seekers at a former military site nearby. Residents of Piddington, a rural village in Oxfordshire, voted 285 to 26 to “secede from the UK and pursue…
Setting out the EU’s political and policy priorities for year ahead, von der Leyen also proposed the formation of a European Security Council, which would include the UK and Ukraine, amid an ongoing threat to the continent from Russia. “For a long time, we have discussed a leaders’ format focused on the security of our…
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau. Picture Alliance | Picture Alliance | Getty Images Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of a historic transformation plan amid intensifying…
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group’s almost nine-decade history. It brings the total number of roles the carmaker plans to shed by 2030 to 100,000, after announcing in March that it would cut 50,000 roles. The…
When energy minister Kgosientsho Ramokgopa said recently that “coal is going nowhere” and that scientists were perfecting technology to burn it cleanly, he was making two promises at once. The first is political: that South Africa will not abandon the resource that still keeps the lights on, nor the communities that mine it. The second…
Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…
Oil prices fell more than 3% on Tuesday as the U.S. pivots to economic sanctions rather than military strikes to pressure Iran. Brent futures, the international benchmark, dropped 3.9% to close at $88.58 per barrel. U.S. West Texas Intermediate crude lost 3.1% to settle at $82.36 a barrel. Prices have fallen more than 5% this…
