Art of Wealth Creation

In Africa, wealth isn’t inherited. It’s made.

When it comes to creating wealth, there is no substitute for hard work. And no one lives this more than Africa and her people. We created the African Wealth Report 2020 to get an in-depth understanding of the people who drive the wealth of this continent – an understanding that will not only enable us to provide you with unique, tailored solutions for your own wealth journey but will give you access to valuable insights into the art of creating wealth.

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What Are Dapps?

What are Dapps you might ask? Imagine having your car working away, transporting passengers while you’re at work. Imagine having your computer utilizing its spare capacity to serve businesses and people across the globe. Imagine being paid for browsing the web and taking ownership of your, arguably invaluable, attention. Imagine a world like that. That world is not far away. A paradigm shift in the way we view software models is approaching. When Bitcoin, the first cryptocurrency, made us reassess our definition of Store of Value (SoV) , it also revealed a sneak peek of the future: a world running on decentralized applications (Dapps) . These distributed, resilient, transparent and incentivized applications will prove themselves to the world by remapping the technological landscape. Understanding Blockchain Before we can even fathom what Dapps do, we need to be familiar with its underlying technology—the blockchain. Put simply, a blockchain is a ledger of records organize...

Nigerian Government to Adopt Blockchain Technology to boost FDI

South Africa has already started taking actions, same as Uganda The Chief Executive Officer of Kure Holdings, Mr. Tega Abikure, who gave the advice during the company’s recent investment forum in Lagos, said with effective industry collaboration and government support, the adoption of blockchain technology could become a major source of foreign direct investment for Nigeria. Abikure noted that Nigerian government was slow in understanding and embracing the technology to drive economic development in the nation at a time other nations were already taking advantage of it. He revealed that with global cryptocurrency market, having capitalisation in excess of $500 billion, the ecountry can take advantage of it and attract a lot of money for its citizens once the right expertise is developed locally to tap into it. According to him, Blockchain represents the new economic revolution of the 21st century with a vast possibility of its application in several areas of the economy suc...

Before you invest

Financial knowledge & Investment decisions are like the chicken & chips of financial freedom. Phillip Fisher said, The stock market is filled with individuals who know the price of everything, but the value of nothing." Phillip's statement applies for any type of investment beyond the stock market. Poor investment decisions are mostly the product of poor research or inadequate fact finding. Unskilled investors jump at promised Returns On Investment (ROI) but skilled investors do their due diligence on market & trends. Money is a resource. Like every resource it is limited. You have to spend & invest your money wisely & the first step is having the right knowledge on what to invest in. Put your money where your knowledge is. Knowledge investment is the first investment of any serious investor. "Investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinio...

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