Business

Western Sahara Resource Watch published a report earlier this week on Kosmos Energy’s unscrupulous plans for test well drilling in occupied Western Sahara. In a few weeks time, the company may permanently damage the Saharawi people's aspirations and rights to freedom and independence, as it commences unethical and illegal oil drilling in Africa's last colony.
In order to enhance international competitiveness of African small and medium-sized enterprises, the International Trade Centre has launched an e-learning SME Trade Academy to offer practical, vocational training online for SMEs and trade advisors in the public and private sectors. ITC is the joint agency of the World Trade Organization and the United Nations. ITC assists small and medium-sized enterprises in developing and transition economies to become more competitive in global markets, thereby contributing to sustainable economic development within the frameworks of the Aid-for-Trade agenda and the Millennium Development Goals.
The rise in consumer spending and the expansion of broadband services has continued to increase the pace at which e-commerce-based businesses are growing in Nigeria. Also, with the cashless policy initiative introduced in 2012 by the Central Bank of Nigeria, there has been a tremendous growth in e-commerce transactions in Nigeria. The channels used for e-commerce range from the Internet banking websites to online retail stores and mobile payment delivery channels.    
Globally it has been recognized that entrepreneurial development is one of the most effective tools for ending poverty and achieving sustainable development in any economy. Women have been described as an integral part of this development. Women-owned businesses are steadily growing across the world, contributing to household incomes and national economic growth.
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