Africa’s global opportunity in rare earth elements

Africa’s global opportunity in rare earth elements

In this episode of Foresight Africa podcast, Gracelin Baskaran, a World Bank consultant and Bye-Fellow at Cambridge, discusses Africa’s rich natural resources, especially rare earth elements, and offers recommendations for how Africa’s nations can leverage these assets for the benefit of the continent. She also addresses South Africa’s economy and how climate change affects economic growth and debt.

Seizing the opportunity to close the skills gap

Seizing the opportunity to close the skills gap

I’m a great believer that every challenge is really an opportunity. It is no secret that employers are struggling to recruit staff with the right skills for their organisations. If we could find a way of resolving that shortage, companies would be able to grow more easily, and their employees would have more opportunities for professional advancement. AICPA & CIMA’s research into the future direction of the accounting and finance profession has highlighted the importance of continually learning , unlearning , and relearning skills. This is because the modern workplace is evolving rapidly as a result of digitisation and changes to working practices that developed during the pandemic, such as remote working. The productivity gains that could result from exploiting the opportunities of the new business environment make the process of continued upskilling worthwhile for both workers and their employers. Unfortunately, the skills gap — the disparity between the skills the workforce has and the skills employers need — is currently widening, according to AICPA & CIMA research released in February. In the UK, one of the markets I lead for AICPA & CIMA, we commissioned polling which found that 82% of SME employers identified skills gaps within their […]

Commentary: Offshore wind is Maine’s opportunity of a century

Commentary: Offshore wind is Maine’s opportunity of a century

For nearly 30 years, I have had the privilege of serving as president of the Maine State Chamber of Commerce. I’ve worked with thousands of Maine businesses and thousands of local industry leaders to improve prosperity for all Maine people. Our common goals have been to strengthen and grow our economy, to build enthusiasm for Maine entrepreneurship and ingenuity, to collaborate and problem-solve in overcoming challenges and to create opportunities for our young people, veterans and all Mainers to have good-paying jobs right here in the state they call home. A lift boat, right, that serves as a work platform assembles a wind turbine off Block Island, R.I., in 2021. The Maine Research Array, an offshore wind initiative, will cultivate a manufacturing industry that is expected to bring over $375 million in direct construction spending to Maine and create an estimated 3,250 good-paying jobs for Maine people. Michael Dwyer/Associated Press, File ABOUT THE AUTHOR Dana Connors is president of the Maine State Chamber of Commerce. As I prepare to pass the torch , I want to highlight an incredible economic opportunity that uniquely combines all the goals we’ve advanced as business advocates: Maine-made offshore wind. Offshore wind research and […]

Here’s What Makes Las Vegas Sands Corp. (LVS) an Attractively Valued Opportunity

Here’s What Makes Las Vegas Sands Corp. (LVS) an Attractively Valued Opportunity

ClearBridge Investments , an investment management company, released its “ClearBridge Value Equity Strategy” fourth quarter 2022 investor letter. A copy of the same can be downloaded here . The strategy outperformed its benchmark, the Russell 1000 Value Index, in the fourth quarter. In the quarter, the strategy gained in 10 of the 11 sectors it was invested in on an absolute basis. The energy and healthcare sectors were the leading contributors however the communication services sector detracted from the performance. In addition, please check the fund’s top five holdings to know its best picks in 2022. ClearBridge Value Equity Strategy highlighted stocks like Las Vegas Sands Corp. (NYSE: LVS ) in the Q4 2022 investor letter. Headquartered in Las Vegas, Nevada, Las Vegas Sands Corp. (NYSE:LVS) owns and operates resorts. On March 1, 2023, Las Vegas Sands Corp. (NYSE:LVS) stock closed at $58.57 per share. One-month return of Las Vegas Sands Corp. (NYSE:LVS) was 2.04%, and its shares gained 38.23% of their value over the last 52 weeks. Las Vegas Sands Corp. (NYSE:LVS) has a market capitalization of $44.763 billion. ClearBridge Value Equity Strategy made the following comment about Las Vegas Sands Corp. (NYSE:LVS) in its Q4 2022 investor […]

The EU’s Green Deal is an opportunity to improve data governance

The EU’s Green Deal is an opportunity to improve data governance

A stack of colourful index cards. The initiative will require companies to collect and process personal data in order to report on ESG issues, which presents some challenges but, more importantly, gives organisations an opportunity to embrace digital transformation, writes David van Boven of law firm Allen & Overy. Efforts to bring about change in the areas of environmental, social and governance (ESG) and digital have traditionally been viewed separately and are therefore commonly approached in isolation. The EU’s Green Deal is paving the way for these strategies to cooperate more closely and trigger a cross-organisational rethink of the use and value of data. If done right, investment in data governance will not only assist with ESG compliance, but also has the potential to unlock a competitive advantage by leveraging data within a business. The EU’s Green Deal, in short, is the European Commission’s ESG strategy that aims to reach net-zero emissions in the bloc by 2050, and includes the Corporate Sustainability Reporting Directive (CSRD), which entered into force in January 2023. The Green Deal coincides with the EU’s digital strategy, which aims to make the EU fit for the digital age while helping to achieve its climate goals. […]

Newer Shawano business offers unique opportunity for young entrepreneurs

Newer Shawano business offers unique opportunity for young entrepreneurs

SHAWANO (NBC 26) — Starting a new business under normal circumstances is stressful for any young entrepreneur, but Alex Hartwig has an idea that’s taking off in Shawano, and she says it’s only getting better. Most young entrepreneurs put their plans on hold during the Coronavirus pandemic, but that didn’t stop Hartwig from opening The Blend on Main Street. The Blend opened its doors in July to women who were looking to get their first brick and mortar experience as a business owner. Hartwig says she had a successful career in health care, but she wanted to try something new that gave her an opportunity to be more flexible, and that’s why The Blend was born. Hartwig says she started with 14 women, and The Blend has already grown to 19 business owners. She says the goal is to get them established so they can eventually go out on their own. "It sounds silly is that’s the goal is for them to move out, but I want to create growth in the Shawano area. The downtown is just booming. I want these women to open up their own store in Shawano," Hartwig said. Hartwig said two of her vendors […]

Nigerian elections bring uncertainty to the fore: Seize the opportunity to invest in second citizenship in Dominica

Nigerian elections bring uncertainty to the fore: Seize the opportunity to invest in second citizenship in Dominica

Nigerian elections bring uncertainty to the fore: Seize the opportunity to invest in second citizenship in Dominica Roseau, March 02, 2023 (GLOBE NEWSWIRE) — The increased economic and political uncertainties amongst the Nigerian community on the pre-elections, growing numbers of businesspeople are weighing their options to either invest their wealth back into the country or seek to invest elsewhere. There is the latest trend of Nigerians are relocating abroad for a better livelihood, security and safety for their families and businesses. And in doing so diversifying risk is top of mind for investors, and exploring risk investments outside of Nigeria may have positive outcomes back home, in Nigeria. How the diaspora has been supporting Nigeria As much as Nigerians are travelling abroad for work, live and investment opportunities. These opportunities do not stop Nigerians from investing back in Nigeria, while abroad. According to the World Bank 2022 report remittance grew an estimated 5.2 per cent to US$53 billion in 2022, as compared to 16.4 per cent in 2021 in Sub-Saharan Africa. Although, Nigeria remains in the lead as the highest recipient of remittance in Sub-Saharan Africa during 2022, followed by Kenya, Ghana and Senegal. The 2023 remittances are projected […]

Sports Coaching Platforms Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027

Sports Coaching Platforms Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027

ReportLinker Segmented By Type (Professional, Non- Professional), By Pricing Model (One-Time License Vs, Subscription), By Application (Soccer, Basketball, Swimming, Baseball, Others), By Region. New York, March 02, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Sports Coaching Platforms Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027" – https://www.reportlinker.com/p06425941/?utm_source=GNW The sports coaching and training industry is expected to grow at an impressive rate during the forecast period.Online platforms are used by sports coaching platforms to instruct, direct, and train athletes. The platform allows athletes to train and monitor their performance from any remote location using smartphones, tablets, and laptops.However, using this platform, coaches can also keep track of the information about their clients, their schedules, and other relevant videos and clips for training. A sports coaching platform is used to help coaches and trainers use emerging technology to track, teach, direct, and improve an athlete’s physical and mental performance. One of the key factors impeding the market’s expansion is the lack of knowledge about the use of sports coaching platforms in developing nations.Additionally, developing nations like India are just now catching on to the trend of online training. The lack of knowledge among coaches […]

Canned Wine Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027F

Canned Wine Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027F

ReportLinker Segmented By Product Type (Sparkling Wine, Fortified Wine, Red Wine, and Others), By Distribution Channel (Supermarkets/Hypermarkets, On Trade, Specialist Retailers, Online, Others), By Alcohol Content (Low, Medium, High), By Region. New York, March 02, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Canned Wine Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027F" – https://www.reportlinker.com/p06425937/?utm_source=GNW The global canned wine market is expected to grow at an impressive rate through 2027 on account of rising demand for the beverage due to people’s growing awareness of its health benefits.Young people are more likely than older generations to develop new drinking occasions, which helps to increase beverage sales. The millennial generations are shifting their preferences toward canned wines which have resulted in a huge increase in the demand for canned wines, combined with rising demand for different types of flavors attracting customers for the consumption of canned wines. For Instance, the Underwood brand of the Union Wine Company, a US-based company, provides various canned wines with different flavors such as Underwood rose bubbles, Underwood rose, Underwood pinot noir, Underwood the bubbles, Underwood white Haute sangria, Underwood the Spritz, etc. Shift in Alcohol Consumption Changing demographics in […]

Online Clothing Rental Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Online Clothing Rental Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

ReportLinker Segmented By Product Type (Knitwear, Trousers and Jeans, Jumpsuits, Suits and Blazers, Coats and Jackets, Others (Skirt and Shorts, Ethnic Wear, etc.), By User Orientation (Men, Women, and Kids), By Business Model (Standalone Model Vs. New York, March 02, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Online Clothing Rental Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027" – https://www.reportlinker.com/p06425933/?utm_source=GNW Subscription Model), By End-User (Business-to-Business (B2B), Business-to-Consumer (B2C), and Consumer-to-Consumer (C2C)), By Region The global online clothing rental market is expected to grow at a double-digit CAGR through 2027.Online clothing rental is a concept for a service that generally involves services that assist people in renting different clothing items to consumers according to their requirements for a set amount of time. Consumers evaluate these services as convenient and cost-effective. The user has the choice to rent clothing for a variety of events, including photo shoots, theme parties, corporate events, wedding ceremonies, and filming. Online clothing rental services are helpful for people who want to wear new costumes for special events like weddings, theme parties, corporate events, photo shoots, and movie shoots but due to limited funds are not able to afford such products.For […]