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Publishing news, trends and advice for a global market accessing African business.

Africa

The difference between trade and investment

By Bolaji Sofoluwe / February 27, 2020 /

Business is booming on the continent – so how should UK companies make the most of these markets? Here Bolaji Sofoluwe explains the difference between foreign trade and foreign investment. Globalisation has changed the face of markets around the world as well as the way we do business at home and abroad. The biggest shift…

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Why businesses should include Africa in their export strategy

By Bolaji Sofoluwe / February 20, 2020 /

The time is now for UK-based businesses to strike trade deals in Africa, one Essex businesswoman has claimed. Statistics from HMRC have revealed that in 2018, the largest exports from the East of England to Africa were medicinal and pharmaceutical with a value of more than £90.1million. Bolaji Sofoluwe, Managing Director of Colchester-based ETK Group…

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Bolaji Sofoluwe

Why UK should be striking business deals in Africa

By Bolaji Sofoluwe / January 20, 2020 /

Post-Brexit Britain will benefit from an African trade boom, claims Bolaji Sofoluwe. Speaking about the inaugural UK-Africa Investment Summit , the managing director of Colchester-based ETK Group, urged businesses in the East to look at striking trade deals across the continent before 2045. Mrs Sofoluwe, of ETK Group, which is the lead consultancy for African…

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India’s NCON ‘steams’ into one of Africa’s largest markets with cutting edge, low-cost turbine technology

By Bolaji Sofoluwe / September 16, 2019 /

ETK Group UK Limited (“ETK”) and NCON Turbo Tech Pvt. Ltd. (“NCON”) one of India’s leading manufacturers of steam turbines, are pleased to announce a new partnership that will see NCON enter Nigeria, Africa’s largest market to deliver its leading steam turbine technology. With more than 3 decades of expertise and track-record in delivering turbine…

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INNOVATING FOR EXPORT

By Kevin Korgba / June 8, 2018 /

The need to innovate or be creative is not a new concept in itself and many of the traditional, successful, global corporations have whole departments dedicated to this. In an ever changing business landscape with increased competition, shrinking market share and the emergence of new technologies, it is critically important for businesses that want to…

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Business in Africa: A Tale of Snakes, Monkeys and a Blue Tweeting Bird

By Kevin Korgba / February 27, 2018 /

Doing business in Africa is by no means easy, and the ease or difficulty can vary from country to country. You could use the World Bank’s ‘Ease of Doing Business’ index as a guide but only those that have a reasonable amount of experience can actually speak to the real degrees of variations between countries.…

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ETK Group MD Receives Honorary Award for Business

By Bolaji Sofoluwe / January 19, 2018 /

ETK Group Managing Director, Kevin Korgba was honoured by the Africa Diaspora Award (A.D.A) Committee and Panel (organised by CMG International Media Group) with the A.D.A Business Honorary Award in recognition of his and the company’s contributions to business and diaspora development. He was also featured in the inaugural edition of ‘The Africa Diaspora’ magazine…

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Essex Chambers and ETK Group launch new “Chamber Africa Specialist and Advice Services”

By Kevin Korgba / October 30, 2017 /

Essex Chambers of Commerce and long standing Chamber members, ETK Group will bring businesses across the county support and live business opportunities in Africa. ETK Consulting, a subsidiary of the ETK Group, will now provide the ‘Chamber Africa Specialists’ benefit which consists of two new Chamber services. With over 6 years’ experience assisting both British…

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Africa

Before and After the ‘Africa Rising’ Hype

By Bolaji Sofoluwe / July 20, 2017 /

Like every other over flogged term, the ‘Africa Rising’ rhetoric is now subject to either derision, aggressive protection or total indifference. On December 3rd 2011, Africa, as a continent received a wistful nod from the Economist with the article titled ‘Africa Rising – the Hopeful Continent’. Wow, what had Africa done to earn such a…

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ETK

HAPPY NEW YEAR

By Bolaji Sofoluwe / January 11, 2016 /

Happy New Year from ETK Group! The Enterprise Training and Knowledge Group would like to wish all our clients, partners and friends a happy new 2016. 2015 was difficult for most African countries economically. There was a significant slowdown in the growth of major markets in sub-Saharan Africa, mostly due to low commodity prices. Governments…

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