Just in time for the Euro 2016 Football Tournament, vacation rental website HomeAway has just revealed an incredible living space on the first floor of the Eiffel Tower. Floating 57 meters above Paris, the apartment was once a conference room,…
Newly rich Africans are young, millennials willing to spend
The profile of a rich African is shifting from older white-haired males to younger, hip millennials who have found new ways to make and keep money in a changing global scene. There will be 3,933 ultra-wealthy individuals on the continent…
5 DESIGNER BAGS TO INVEST IN FOR 2016
There are few things that make fashion-lovers speechless, but there is one exception: a classic handbag. The new smell, impeccable feel, and timeless shape of iconic designer purses can only be described by somebody who has held one in their…
BEAUTY VLOGS AND BLOGS INFLUENCES LUXURY BRANDS
More luxury groups are waking up to the lure of lipstick, with Gucci, shoe designer Christian Louboutin and Burberry all recent entrants to the market. The hope is that their beauty products will build awareness and encourage loyalty that will eventually transfer to costlier products…
MAURITIUS RANKED THE RICHEST COUNTRY IN AFRICA
Mauritius’ population is the richest in Africa with an average wealth of US$21,700 per person a new Research and Markets report titled “The Africa 2016 Wealth Report” showed. Mauritius was ranked ahead of South Africa with a per capita wealth of $10,300 then…
GUCCI EXPECTS TO GROW MORE THAN TWICE AS FAST AS LUXURY MARKET
French luxury group Kering’s flagship Gucci brand has seen strong sales growth since March and expects to be able to grow more than twice as fast as the wider luxury market over the medium term, the company said. “In March…
KENYA AND GHANA WIN AWARD FOR JAGUAR SALES IN SUB-SAHARA
All the top performing importers and importer employees of Jaguar Land Rover sub-Sahara Africa were recognised at a glittering awards banquet in Sandton, Johannesburg in South Africa recently. A statement by Jaguar Land Rover said “The prestigious Importer of the…
MEET THE RICHEST MAN IN AFRICA – ALIKO DANGOTE
There’s only one person in all of Africa who makes the list of the 50 richest people on earth: Nigerian businessman Aliko Dangote. When our ranking was released, Dangote’s net worth stood at $14.3 billion, equal to 2.5% of Nigeria’s GDP. The majority of his wealth stems from…
NIGERIA’S BOOMING ART MARKET
Amid strong demand and skyrocketing prices, contemporary African art is increasingly attracting the attention of investors worldwide.While that might irk the purest at heart among some art collectors, it is a testament to the growing interest that African artists have…
THE RISE OF ALGERIA’S SHOPPING MALLS
More than 250km east of the Algerian capital in the city of Sétif, private holding company Prombati opened the Maghreb region’s second largest mall recently. Park Mall, a four storey shopping and leisure complex, has a total of 45,000 square…
