Hello Afrocosmopolitan lovers, come in here and take a look at these lovely pieces from Mademoiselle Anglaia. These pieces were showcased at the recently concluded Africa Fashion Week London. For those who do not know, Africa Fashion Week London is the biggest Fashion show in Europe that provides a platform for African designers and African inspired designers to showcase their collections. The fashion show was launched in 2011 by Ronke Ademiluyi.
In the last few years, many designers of African origin and those who create pieces inspired by African fashion, has been able to increase their target group and receive more orders by attending Africa Fashion Week London.
Mademoiselle Anglaia creates pieces fro both men and women. The collection features three dominant colours, which are white, red, and blue.
Below are all the gorgeous pieces Mademoiselle Anglaia showcased at this year’s event. Check them all out and you can decide whether it’s your kind and style and whether you will be picking up some of their pieces to add to your collection.
What do you think of these pieces showcased by Mademoiselle Anglaia at Africa Fashion Week London? Did you find any piece that you cannot wait to pick up and add to your collection? Let us know what you think by leaving a comment below.
If you are looking for more styles to add to your wardrobe or to use as inspiration, browse through the site and you will find loads of styles to help you. In the meantime, take care and keep on looking fab.
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UBS AG (UBSN), the world’s biggest wealth manager, is targeting millionaire clients in oil-rich Nigeria and Angola as Swiss rival Credit Suisse Group AG withdraws from some African markets.
“The amount of people on the continent that fall within our wealth-management bracket is increasing every day,” Sean Bennett, the Johannesburg-based managing director of UBS in sub-Saharan Africa, said in a Nov. 20 interview. “There’s still tons of opportunities still relatively untapped.”
UBS is vying with Swiss banks from Julius Baer Group Ltd. to Pictet & Cie. for emerging market millionaires as a global crackdown on tax evasion forces European and American clients to withdraw funds. While Bennett sees potential to woo super-rich customers in Ghana,Kenya, Ethiopia, Uganda and Botswana, Credit Suisse is planning to withdraw from 83 markets, including Angola and the Democratic Republic of Congo, to cut costs.
“The UBS strategy has been that you win market share by being onshore and for a long time,” said Sebastian Dovey, managing partner at London-based research company Scorpio Partnership. “Credit Suisse is a smaller operation than UBS and is looking to pick its markets.”
UBS Chief Executive Officer Sergio Ermotti is prioritising boosting profit at the Zurich-based bank’s wealth-management unit as he cuts 10,000 jobs and shrinks the investment bank by exiting most debt-trading. UBS, which tops Scorpio’s 2012 ranking of wealth managers with double the $855 million of assets of fifth-placed Credit Suisse, wants that business to contribute half of pretax profit by 2015.
Africa, where Nigeria’s Aliko Dangote ranks 35th on a global rich list, according to the Bloomberg Billionaires Index, may provide part of the answer. The industries contributing most to wealth creation on the continent include telecommunications, consumer, agriculture and resources, said Bennett, 44, who rejoined UBS from HSBC Holdings Plc (HSBA) in 2011.
The number of Africans with at least $1 million of investable assets climbed 9.9 percent to 140,000 in 2012, according to a report published on June 18 by Cap Gemini SA (CAP) and Royal Bank of Canada. That was the fastest rate of increase outside North America as the economies of countries such as Nigeria and Ghana grew at more than 5 percent last year.
“There are a lot of countries that have become increasingly interesting investment opportunities,” said Bennett, who is targeting Africans with $3 million of investable assets. “They’ve all got challenges, but they’re all on the right trajectory.”
Compliance Costs
UBS said last month that net inflows from wealthy clients in its emerging markets division, which includes Russia, eastern Europe, the Middle East, Africa and India, slowed in the third quarter. Net new money from those regions was 600 million francs ($654 million) in the period compared with 2.4 billion francs a year earlier, the bank said.
Credit Suisse, which is scaling back its securities division at a slower pace than UBS, is ending relationships with offshore private banking clients from 83 countries with total assets under management of about 3 billion francs, Chief Financial Officer David Mathers said last month. The bank didn’t disclose specific countries, which have an average of 40 million francs to 45 million francs of assets.
“Given the height and complexity — and compliance costs associated with the numerous regulatory regimes in each country — we have reassessed the viability of doing business in these small markets and believe these resources will be better allocated to other growth areas with higher potential,” Mathers said.
Vanessa Neill, a spokeswoman for Credit Suisse in London, declined to comment on the company’s Africa strategy.
The bank, which has offices in Johannesburg and Cairo, plans to boost profitability by increasing lending to ultra-high-net-worth clients with more than 50 million francs of investable assets, especially in emerging markets.
“Credit Suisse seems to have taken the view that some of the smaller African countries are not materially advancing the company’s position,” said Dovey of Scorpio. “It’s refreshing that there are two separate strategies between UBS and Credit Suisse because historically the industry has taken a follow my leader approach and that didn’t always work.”
For the moment, Bennett sees Credit Suisse providing competition in Africa, along with banks, such as HSBC.
Wealthy African clients usually book assets in London and Switzerland, David Bruegger, a Zurich-based spokesman for HSBC’s private bank, said in an e-mailed response to questions.
Selective Growth
“We reckon that there is potential for selective growth in the African emerging markets, primarily South Africa, Nigeria and Kenya, for international banking, subject to local cross-border regulatory requirements,” said Bruegger. HSBC declined to provide figures on net inflows or client numbers.
Nigeria, the continent’s biggest oil producer and second-largest economy after South Africa, may expand 6.75 percent next year, the country’s Finance Minister Ngozi Okonjo-Iweala said last month. Kenya’s growth may accelerate to 5.6 percent this year, the fastest pace in six years, according to Treasury Secretary Henry Rotich. Angola, Africa’s second-largest oil producer after a 27-year civil war ended in 2002, will probably grow 5.1 percent this year, President Jose Eduardo dos Santos said last month.
“There is very strong wealth-management business, onshore and offshore, emanating from the likes of Nigeria, Kenya and Ghana,” said Dovey. “The two market regions we’re surprised that the wealth-management industry has overlooked are Africa, in parts, and Latin America, in parts, and they’ve all been drawn to Asia in spades.”
Wealth management assets will increase with the next generation of the continent’s rich, said Bennett.
“Because a lot of the growth is more recent, Africa’s entrepreneurs still have a lot of their wealth tied up in their businesses,” he said. “The second wave, where they start to monetize their wealth, is still relatively nascent.”
According to Forbes, Nigerian mogul Tony Elumelu Made a whooping $123 Million In 3 Weeks. See the full article below, as reported by Forbes.
It’s just paper gains, but it counts. Nigerian banker Tony O. Elumelu has become at least $123 million richer between November 1 and November 21 as shares of Transcorp PLC, a Nigerian-Stock Exchange-listed conglomerate, surged 186% in that period.
Transnational Corporation Of Nigeria, or Transcorp, is an emerging conglomerate holding investments in hotels, power and agriculture. On November 1, the company’s stock was trading at N1.87 ($0.01), and at the close of trading today (Thursday), the stock was trading at N5.35 ($5.35). According to an analyst who did not want to be quoted, there has been an unprecedented demand for Transcorp’s shares at the bourse because of the company’s recent acquisition of the Ughelli Power plant, a strategic power generation company that the government recently sold in a privatization exercise. Transcorp PLC, under Elumelu’s leadership, acquired the plant for $300 million. Transcorp officially took over the plant on November 1. Investors are scrambling for the stock in anticipation of the new acquisition’s long-term impact on Transcorp’s financial results.
Elumelu began gobbling up shares in the company in April 2011 through his wholly-owned proprietary investment vehicle, Heirs Holdings. In September 2011, he was appointed chairman of the company, promising to diversify the company’s business interests and deliver value to shareholders – promises he seems to have delivered on. He currently owns over 5.7 billion shares of the company (5,745,890,693 to be exact, according to Transcorp’s latest corporate filings), held in his name and via Heirs Holdings, equating to a 22.26% stake, making him the company’s largest individual shareholder. His shares in Transcorp alone are now valued at N30.7 billion or $188 million. A representative for Elumelu could not be reached for comment at press time.
Elumelu made his fortune by acquiring a small, struggling Nigerian commercial bank and building it into the United Bank of Africa Group, a leading financial services institution with operations in several African countries, including New York and London. He stepped down as the bank’s CEO in 2010 to focus on investing in African businesses through his private investment vehicle, Heirs Holdings and to groom Africa’s next generation of business leaders through his Tony Elumelu Foundation.
The police in Columbus are looking for Ryan Allen Klug, a 36-year-old man that is believed to be behind the murder of his Nigerian roommate. On Tuesday, the body of 26-old Adaobi M. Obih was found lifeless in the apartment she shared with the suspect. His roommate and the prime suspect in the murder,Ryan Allen Klug is currently on the run. The police believe Ryan is no longer in the neighbourhood and have assignedmultiple law enforcement agencies to search for him.
Below is the full report according to fox59.com
Police were alerted to Obih’s death after she missed work Monday and Tuesday without notifying anyone. Concerned coworkers contacted her apartment complex to ask about her. Police also contacted the property manager to request a welfare check, according to the arrest affidavit.
A maintenance worked went to check on the woman and said, “It’s not good, there is blood everywhere” after going to Obih’s apartment.
A neighbor said he noticed that the door to Obih’s garage spot was open and had been open for at least 24 hours. Klug, who police described as Obih’s roommate, parked his vehicle there.
The maintenance worker told police there were no signs of forced entry at the apartment and that only two people would’ve had keys: Obih and Klug. The maintenance worker told police he found Obih with a “large amount of blood around her head” and said it appeared clear that she was dead.
Police talked to Obih’s boyfriend, who revealed that he’d texted and called her multiple times but never heard back. The last message he received from her was at 12:17 p.m. on Sunday, Nov. 17. When she failed to respond, he went to her apartment, saw her car in the parking lot and knocked on the door. Obih didn’t answer.
A neighbor who lives in the apartment below Obih’s said it sounded like someone was moving furniture during Sunday afternoon. “It went on for more than three minutes,” the neighbor said, adding that it happened shortly before tornado warnings went off for Sunday’s storms.
Police said Klug had texted a pastor asking him to call. When the pastor did so, Klug answered and said he couldn’t talk at the time.
Further investigation found that Obih had been stabbed multiple times and her throat cut. A blood trail went from the woman’s bedroom to Klug’s, and police said it appeared “the assailant attempted to clean up in the bathroom area belonging to Mr. Klug.” They also found a bloody towel in Klug’s sink. Police located a plastic bag containing a bloody sock and other clothes stained with blood, including blue jeans, boxers and a shirt. Police said the “amount of blood on these items was significant.”
Police found a trail of small blood drops leading from the apartment to the garage where Klug parked his vehicle. His 2008 silver Subaru Legacy was not parked in the garage.
Klug works for the Indiana Department of Transportation, and police contacted his supervisor, who told them Klug’s behavior had been “off” lately. He sent a text message Sunday saying, “sick tomorrow, then vacation next two weeks.” His supervisor said the message was out of character and also violated the department’s vacation time policy. Klug did not return texts or phone calls, his supervisor said. He didn’t show up at work Monday or Tuesday.
Klug’s stepmother and father said they hadn’t heard from him for several days.
His brother told police he’d spoken with Klug about two weeks ago. Klug wanted to get back with a girl he’d dated. The relationship ended about a year ago. His brother told Klug to call her; he said Klug discovered she was dating someone else and told him, “I’m losing control.”
A host of music icons, including Roberta Flack and The Commodores, will be entertaining on the high seas for the Caribbean Soul Cruise during February, 2014.
Entertainment Holidays are pleased to announce plans for the week-long ultimate Soul music voyage. The luxurious Holland America Cruise Line will set sail on February 23rd Fort Lauderdale calling at St Bart’s, St Maarten and Half Moon Cay in the Bahamas before its return on March 2nd
Performing on board will be legendary artists Charlie Wilson, Peabo Bryson, Isley Brothers, Commodores, Maxi Priest and Roberta Flack, among others.
Holidaymakers will also enjoy five-star accommodation and fantastic dining during the cruise, which will take them to the breathtakingly beautiful Caribbean islands. Organisers have already planned another trip for 2015.
“We’re so confident, this will be the holiday of a lifetime for our patrons, we are doing it twice”, said Anthony Brightly, Founder of Entertainment Holidays.
“Cruises used to be the preserve of the elite classes,” he continued, “now it’s an affordable vacation for everyone so, if you are a child of the 70s or just love real Soul, R&B and Lovers Rock you are in for a treat.”
Forbes, the Magazine known for making a list of the top people in various industries has released it’s 2013 list of the world’s 25 highest-paid musician. In the list, Madonna emerges as number and there is a significant gap between her $125 million income and Lady Gaga’s $80 million as second on the list. This was followed by Bon Jovi who took the third position with a $79 million income for the year.
See the full list of Forbes World’s 25 Highest-Paid Musicians for 2013 below.
1. Madonna – $125 million 2. Lady Gaga – $80 million 3. Bon Jovi – $79 million
4. Toby Keith – $65 million
5. Coldplay – $64 million.
6. Justin Bieber – $58 million
7. Taylor Swift – $55 million
8. Elton John – $54 million
9. Kenny Chesney – $53 million
9. Beyonce – $53 million (tie)
11. Sean “Diddy” Combs – $50 million
12. Sir Paul McCartney – $47 million
13. Calvin Harris – $46 million
14. Jennifer Lopez – $45 million
15. Roger Waters – $44 million
16. Muse – $43 million (tie)
16. Rihanna – $43 million (tie)
18. Jay Z – $42 million
18. One Direction – $42 million (tie)
20. Dr. Dre – $40 million
20. Red Hot Chili Peppers ($40 million, tie)
22. Rolling Stones – $39 million (tie)
22. Katy Perry – $39 million (tie)
24. Tim McGraw – $33 million (tie)
25. Pink – $32 million (tie)
25. Tiësto – $32 million (tie)
Visit Forbes the read the full stories on all the listed musicians and how they earned their money.
The Trade Development Authority of Pakistan (TDAP) would be sending about nine companies to participate in the 15th International Apparel, Textile and Footwear Trade Exhibition of South Africa (ATF) 2013, scheduled to be held from November 20-22, 2013 in Cape Town, APP reported.
On Saturday December 7, 2013, Zainab Lawal will be organising La Jeunesse Fundraising Fashion Show. The purpose of the event is raise enough funds to enable the Zainab Lawal, to complete two volunteering projects in Central America. A part of the proceedings will also be donated to Honeypot Charity UK.
“I enjoy volunteering especially with children as it is such a joy seeing them happy and/or achieve something. I have myself been the recipient of help which helped me through parts of my education and I am thoroughly grateful. I hope to one day to do for others what others have done for me,” says Zinab.
According to the organisers, the show will bringing together local and talented designers with styles ranging from high fashion to modern African attire and chic everyday outfits. There will also be a range of performances to enhance the day.
The show will include people from all parts of London (and the UK), with the possibility of networking at the end of the show.
La Jeunesse Fundraising Fashion Show will be hosted byAthena Kugblenu, a comedian and the founder of Black Bird Comedy. She is based in London and has been working as a comedian and host since April 2012.
The 5th edition of the International African Festival Tubingen, will taking place on July 17-20, 2013.
Tübingen, Germany will once again host the International Africa festival 2014. According to the organisers, the 5th Edition will bring you the best in African diversity, culture and music from the continent and beyond. Save this date now, and join the organises in Tübingen for world-class performances, unbeatable atmosphere, as well as meet and make new friends.
The International African festival will welcome you to the African Village in Tübingen. The 4 days non-stop event will spice up your life and you’ll be among the thousands of people that will celebrate the 5th anniversay of Tübingen Africa Festival. For more information about the event, visit their website.
Enie Susan Tatah, CEO of Afriactive and African International Festival,Tubingen
Above is the first picture of Nigerian top music artist, Peter Okoye of PSquare and his bride, Lola Omotayo at their traditional wedding that took place today.
Below are the pictures of the groom and some friends before the traditional marriage took place.
Forbes, the Magazine known for making a list of the top people in various industries has released it’s 2013 list of the world’s 25 highest-paid musician. In the list, Madonna emerges as number and there is a significant gap between her $125 million income and Lady Gaga’s $80 million as second on the list. This was followed by Bon Jovi who took the third position with a $79 million income for the year.
