Investing in Human Capital: The Benefits for SMEs in Africa
Small and medium-sized enterprises (SMEs) are the cornerstone of Africa’s economic landscape. They represent nearly 90% of businesses across the continent and employ more than 60% of the labor force, according to the International Labour Organization (ILO). However, despite their immense contribution, many African SMEs struggle to scale beyond a certain point due to various […]
Regalia Pop-Up Event and Business Masterclass
OnSaturday, October 19th, 2024, entrepreneurs and vendors came together for an event unlike any other: the Regalia Pop-Up Event and Business Masterclass, hosted by the Regalia Masterclass Team in collaboration with BGR Consulting. With over 72 vendors in attendance, the event was a vibrant hub for entrepreneurial growth, practical business advice, and networking. From start to […]
The Role of Human Capital in Africa’s Economic Growth
Human capital is increasingly recognized as the most fundamental asset for long-term economic growth, particularly in developing regions like Africa. The relationship between a well-educated, healthy, and skilled workforce and a country’s economic prosperity is well-documented. For Africa, where approximately 60% of the population is under the age of 25, the opportunities to harness human capital are immense. However, the […]
Sustainability Reporting as a Competitive Advantage
In today’s fast shifting world, sustainability is not just an option; it’s a necessity for businesses aiming for long-term success and growth. Organizations are increasingly being judged not only by their financial performance but also by how they impact the environment, society, and the economy. Sustainable business practices go beyond compliance with regulations — they represent a […]
Organizational Resilience
Resilience has evolved from a desirable attribute to a business imperative; it’s a necessity. It’s the ability to withstand shocks, adapt to change, and emerge stronger from adversity. In today’s volatile, uncertain, complex, and ambiguous (VUCA) world, building resilient organizations is crucial for long-term survival and growth. Understanding Organizational Resilience Organizational resilience is your organization’s […]
The Business of African Sports: Insights from Industry Leaders
Africa’s sports business, known for its large reservoir of talent and devoted fan base, is about to undergo a significant shift. With a rapidly growing young population, rising disposable incomes, and the digital revolution, the business of sports in Africa is primed for growth. While challenges such as inadequate infrastructure and limited investment persist, industry […]
Exploring Non-Playing Careers in African Sports: Opportunities, Salaries, and Growth Potential
The African sports industry is a growing powerhouse, not only for athletes but also for a range of non-playing careers that contribute to the success of the sector. With the rise of global sports events like the African Cup of Nations (AFCON), the influence of African athletes in leagues worldwide, and increasing investments in sports […]
Addressing Africa’s Sports Industry Challenges Through Education and Training
The sports sector is a labor-intensive industry that can promote economic growth at relatively low costs in developing nations. Globally, sports play a significant role in the economy, with the industry valued at nearly €1,200 billion, accounting for 1.1% of global GDP. However, in Africa, its contribution to the continent’s economy stands at only 0.5% […]
Bridging the Talent Gap in the Business of Sports in Africa
Africa is home to a massive pool of athletic talent, but this talent is often underutilized due to gaps in the business and career infrastructure that support the sports ecosystem. While African athletes excel globally, the business structures that surround sports — coaching, management, marketing, broadcasting, and investment are underdeveloped compared to other continents. For […]
What is the Need for a New Business Strategy
Every business leader wants their organization to succeed; but growth aren’t feasible without an effective business strategy. Strategic initiatives must be employed to create value for the organization and its stakeholders, and gain a competitive advantage in the market. A business strategy is foundational to a company’s success. It helps leaders set organizational goals and […]