Business Week Afrika

Who is your biggest competitor? ?? Many SMEs believe it’s the shop next door or the brand selling the same product—but competition is more complex than that. ?? Understanding competition means looking beyond the obvious. ? A direct competitor is another business selling the same thing (e.g., Jumia Group vs. Kilimall - Affordable Online Shopping). ? Indirect competitors solve the same problem differently (e.g., taxis vs. Uber). ?Substitute competitors offer an alternative (e.g., coffee vs. energy drinks). ? New entrants bring fresh challenges (e.g., international e-commerce platforms entering African markets). ?? Why does this matter? Because business is more than price wars—branding, customer experience, and innovation are key to winning in the market. ?? How to analyze your competition: - Research their pricing & offers - Study their branding & social media - Check customer reviews - Track market trends & innovations ?? How to stand out? - Build a strong brand & tell your unique story . - Offer top-notch customer service - Use tech & automation to scale - Focus on a powerful Unique Selling Proposition (USP) ?? Would you ever collaborate with a competitor? Why or why not? Let’s discuss! ?#BusinessGrowth #EntrepreneurshipAfrica #CompetitiveEdge #EntrepreneurMindset #BusinessSuccessTips #SMEGrowth #BuildYourBrand #ScalingYourBusiness #StandOutInBusiness #B2BAfrica #AfricanStartups #ScalingThroughPartnerships #foroyupage

??Join Us for Business Week Afrika’s March Event: Building Partnerships & Business Relationships ?? Date: 15th March 2025 ? Time: 10:00 AM – 3:00 PM ?? Venue: Nafasi Connections, Westlands 07 Mpaka Road, Nairobi ??? Tickets: Dial *826*45# Are you ready to unlock the power of strategic partnerships? Business Week Afrika invites you to an exclusive masterclass on Building Partnerships & Business Relationships—an essential skill for every entrepreneur and business owner looking to scale, collaborate, and grow. In today’s business landscape, success is rarely achieved alone. The right partnerships can open doors to new opportunities, increase visibility, and drive sustainable growth. But how do you position yourself to attract the right partners? How do you ensure that your collaborations are truly beneficial? Join us as we deep dive into the art of building, maintaining, and leveraging business relationships for long-term success. What You Will Learn: 1. Packaging Yourself & Your Business for Partnerships Your brand and business presence speak volumes before you even begin a conversation. Learn how to: Position yourself as a valuable partner through personal branding and credibility. Craft a compelling business narrative that attracts the right stakeholders. Present your business in a way that highlights its strengths, potential, and reliability. 2. Understanding the Right Partnerships for Your Business Not all partnerships are created equal. This session will help you: Identify the right partners that align with your business goals. Understand the key factors to evaluate before entering any business relationship. Define clear expectations and objectives for partnerships. 3. The Art of Forging Mutually Beneficial Partnerships Successful partnerships thrive on mutual value. In this session, you will learn: How to initiate and build trust with potential partners. Strategies to create win-win collaborations that benefit all parties involved. Best practices for managing and sustaining long-term partnerships. Why You Should Attend: ? Gain practical insights on forming and nurturing partnerships. ? Connect with like-minded entrepreneurs and business leaders. ? Walk away with actionable strategies to elevate your business relationships. ? Enjoy a dynamic networking session with key industry players. Don’t miss this opportunity to learn, connect, and grow. Secure your spot today! Register Now And Buy Your Tickets *826*45# For inquiries, contact us at 0708400468 We look forward to seeing you there! ?? #businessweekafricaevents #Corprateevent #BWA2025 #NetworkingNairobi #BusinessGrowth #StrategicPartnerships #EntrepreneursKenya #KenyanBusiness #BusinessSuccess #CollaborationWins #StartupLife #CareerGrowth #WomenWhoNetwork #NairobiNetworking #EntrepreneurNetworking #CollaborationOverCompetition #BusinessConnections

?? How African SMEs Can Cut Costs Without Killing Growth ? Running a business is challenging; growing expenses, unstable markets, and shifting consumer demands can quickly deplete your resources. The actual problem, though, is how to reduce expenses without restricting the expansion of your company . Many SMEs make the mistake of cutting spending in crucial areas like marketing, customer service, or product quality, only to realize later that these cuts cost them more in lost sales, trust, and brand reputation. Rather than eliminating, smart cost-cutting focuses on optimising. African businesses are already doing this: ? Jumia Group Africa’s leading e-commerce platform, adopted automation in logistics to reduce delivery costs while improving efficiency. ? Wasoko this B2B e-commerce startup helping retailers access fast-moving consumer goods, switched to Just-In-Time (JIT) inventory management to reduce storage costs and excess stock burden. ? ShopRite supermarket chain keeps prices low and increases profit margins by negotiating bulk-purchasing discounts with suppliers, allowing them to pass savings onto customers while maintaining growth. ? Safaricom Business the telecom giant, outsourced customer service operations to reduce HR costs and improve efficiency. They also use AI-powered chatbots for customer support, reducing operational expenses. ?? The key? Cut the right costs, not the wrong ones! A strategic cost reduction approach can increase profitability, efficiency, and long-term sustainability for African businesses. ?? What’s the biggest cost-cutting strategy that worked for your business? Share in the comments! ???? #AfricanBusiness #SMEGrowth #Entrepreneurship #CostCutting #SmartFinance #BusinessStrategy #InnovationInBusiness #FinanceForSMEs #EntrepreneurMindset #StartupGrowth #BusinessSuccess #MoneyMatters #BusinessHacks #SMETips #CostEfficiency #FinanceForEntrepreneurs #GrowthStrategies

Greetings from Lagos ! Hosting a few entrepreneurs for a training session on how to incorporate strategy into their businesses at The Nest Innovation Technology Park Ltd This should be your motivation for this week?? SEE IT…BELIEVE IT…LIVE IT!?? Every great achievement starts with a vision. Believe in your dreams, take bold steps, and make them your reality. This Week, let your actions align with your aspirations You got this!?? #businessweekafrikaevents #entrepreneurship #businessgrowth #innovation #motivationmonday

Happy New Week!!! 3 Fun facts about Lilongwe Malawi Today we get to see the Amazing Parts of the Warm Heart of Africa from the eyes and Lens of Justice Chipondah Which Fact did you know about before? Drop a Flag in the Comment Section!

The launch of Business Week Afrika in Lagos held at The Nest Innovation Technology Park Ltd was not an event to just sit, wile away time while waiting for refreshments and having the urge to leave almost immediately. That wasn’t it! Apart from the opportunity to have moderated the panel session which consisted of long-term thriving entrepreneurs, I resonated so much with every of the teachings from the speakers(panelists), and engaged my community management skills in connecting with the amazing people in the room as much as I could. I learnt a whole lot, and I’m glad I’m expanding my network and mindset most importantly.?? Some of the key lessons for me were: ?Don’t show problems, even if you have. Bring a solution- oriented idea. ?Be intentional about expanding your social capital- which is the value of relationships and connections with people. ?Keep documenting your process and experiences. Thank you Salma Ibra for founding and driving this initiative for entrepreneurs in Africa. Cheers to enlightening events like this.??? P.S: Business Week Afrika is hosting a Masterclass on Vision Board Creation for entrepreneurs. In this comprehensive masterclass, you'll gain: ?Actionable insights to structure your objectives. ?Practical tools to identify new opportunities. ?Expert guidance to craft a robust business roadmap for 2025. Check the last slide for more details.

?? A New Chapter for Business Week Afrika in Lagos! ?? We are beyond thrilled to announce the successful launch of Business Week Afrika in the vibrant city of Lagos! Our inaugural event was nothing short of inspiring, bringing together entrepreneurs, ecosystem builders, and change-makers under one roof. The day featured a powerful panel session on “Building Sustainable Businesses,” where industry leaders shared invaluable insights. A lively Q&A session followed, offering attendees a platform to engage, ask bold questions, and spark meaningful discussions. Our founder, Salma Ibra shared the heart of our mission—why we’re here, what drives us, and what the next few months hold for Business Week Afrika in Lagos. ??? We’re here to empower entrepreneurs with knowledge, skills, networks, and opportunities that will help them build thriving businesses and contribute to economic growth across Africa. Why Lagos? The city is the heartbeat of Africa’s entrepreneurial spirit—a melting pot of innovation, resilience, and ambition. Expanding into Lagos is not just our next step; it’s a leap towards unlocking the untapped potential of this incredible ecosystem, connecting entrepreneurs with the tools they need to succeed and showcasing their innovations to the world. A heartfelt thank you to our amazing venue partner, The Nest Innovation Technology Park Ltd for providing the perfect space to kick off this journey. To the dedicated team that made this possible Adebola Adeleke and Paradise Okoronkwo your hard work and passion were the backbone of this success. ?? As we look ahead, we’re excited to build a thriving community, expand our database of entrepreneurs, and continue creating platforms where African businesses can flourish. Here’s to Lagos—where dreams meet opportunity and entrepreneurship knows no limits. ?? #BusinessWeekAfrika #Entrepreneurship #LagosLaunch #EmpoweringAfrica #BuildingSustainableBusinesses #CommunityMatters ?

Portraits from Abuja ?? Do you know an entrepreneur from Nigeria ? Tag them in the comments and have them tell us what their business is . We are looking to meet Nigerian business owners and grow our data base here . Wishing all of you a blessed week !

?? Wrapped up an incredible week in Abuja with GIZ ( GIZ Nigeria & ECOWAS ) and DTC Nigeria! ?? In-line with our mission of Empowering African entrepreneurs. We came together for a Co-Creation Validation Workshop on Capacity Building to fine-tune a curriculum focused on empowering Innovation Support Organizations (ISOs) and Digitalization Experts (DEs). The curriculum will be used to train 50 ISOs and DEs . The goal? Equipping them with the tools to help SMEs and MSMEs thrive in a digital world! ??? From brainstorming sessions to hands-on exercises, it was inspiring to see so many ideas come to life, all designed to help businesses across Nigeria and beyond tap into their digital potential. As we gear up to launch Business Week Afrika in Nigeria later this month , this was a great avenue to meet key industry players and fellow ESOs operating across the country . SMEDAN Lagos Chamber of Commerce and Industry Bumpa Globe Chamber Of Commerce Abuja Nigeria Here's to supporting MSMEs as they navigate the digital landscape—onward to a future of innovation and growth! ???? #DigitalTransformation #MSMEs #CapacityBuilding #InnovationSupport #AbujaWorkshop #EmpowerAfrica

Bolt designed an accelerator program for it’s drivers , bodaboda riders and their spouses or children . This program was aimed to bring their business ideas to life with €2000 seed funding, access to mentorship and a learning journey with a curriculum . Our founder Salma Ibra was among the judges listening in on the business ideas during the pitching session and made a speech at the award ceremony . This project was particularly special to us as it aligns with our mission which is “ Empowering African Entrepreneurs “ . Huge thank you to organizations like Bolt for coming up with programs that support entrepreneurs with access to not only funding but also knowledge to navigate the entrepreneurship journey . #boltaccelaratorprogrammekenya Linda Ndungu Weyinmi Aghadiuno ASSEK