Connect with us

Business Home

Lagos Cocktail Week 2019: Reasons you should attend Africa’s largest cocktail experience

Published

on

Africa’s largest cocktail experience is almost here again! Lagos Cocktail Week 2019 (LCW) is set to take place from October 16th – October 17th 2019, at the Balmoral Hall, Federal Palace Hotel., Victoria – Island Lagos. LCW is known as the place where cocktail enthusiasts and international drinks brands come together in a vibrant atmosphere of the cocktail village with highlights like a conference and the much-anticipated bar battle on the final day.

This year’s edition promises to be extra special, as parent company of LCW, Eventi Cocktails, will be celebrating its 10th-year anniversary this month, and to commemorate this milestone, there will be new and exciting
additions to the event this year.

“We noticed there is a huge gap in the cocktail industry, so the best way to fill this gap is through the Lagos Cocktail Week for bar attendants, entrepreneurs and interested personalities all over Nigeria to be trained by industry professionals,” Rawa said.

“This year, we are making our conference more educational with several seminars and workshops with practical sessions for participants,” she added.

These additions include: Specially curated interactive, practical workshops facilitated by industry professionals: Including DIY Photography, Food Pairing, DIY Decor, Pricing, SME Financing, Pricing, and
more. Seminars on forward-thinking topics: Including Coffee Lifestyle, Creativity & Monetization, Spirits Marketing and Marketing & Branding among others.

The Cocktail Village: It’s bigger & better than before! Brands showcasing include BOLS Amsterdam,  Fayrouz, Hennessy, Belvedere vodka , Smirnoff, Johnnie Walker , Gordons Gin, House of Angostura  amongst others.

The Bar Battle competition will take place as usual but the competition this year will have an international twist, as the winner will  attend the BOLS Bartending Academy Amsterdam, and also stands the opportunity to be
their Local Brand Ambassador.

Also, renowned international hospitality industry practitioners will also be a part of the event. The 2019 edition of the Lagos Cocktail Week is supported by The Lagos State Ministry of Tourism, Arts & Culture, Balmoral Events, Eventecture, Zapphaire Events, BOLS Amsterdam, Fayrouz, Hennessy, Belvedere Vodka, Smirnoff, Johnnie Walker, Gordons Gin, House of Angostura, Business of Photography.

We are proudly supported by the following media: BellaNaija, Silverbird TV, Ono Bello, Lost in Lagos, OloriSupergal, Pulse NG, ThisDay Style, Eat.Drink.Lagos, YNaija, Media Room Hub, Modern Ghana, Schick Magazine, CoolFM, Wazobia, Naija Info, and 53 Extra

Date: Wednesday October 16th – Thursday, October 17th
Time: 4pm till 11pm
Venue: Balmoral Hall, Federal Palace Hotel, Lagos

To purchase tickets, call 0803-880-4264 or visit: www.lagoscocktail.com

About Lagos Cocktail Week
The Lagos Cocktail initiative serves as a platform for celebrating and promoting the cocktail culture in Nigeria through events, seminars, training sessions, etc. Our aspiration is for cocktails and the cocktail industry at large to be recognized as an integral aspect of the Nigerian beverage industry.

Also Read Meet Sivi Malukisa, The Congolese Entrepreneur Whose Food Startup Is Promoting DRC Cuisine

The first Lagos Cocktail event held on October 2014 as a weeklong event known as The Lagos Cocktail Week (“LCW”). The Lagos Cocktail Week is a unique celebration of the cocktail culture in Nigeria that provides cocktail enthusiasts an opportunity to converge, celebrate and promote cocktails through a host of activities. The event always includes the Lagos Cocktail Conference, featuring seminars, workshops, master classes and an exhibition.

The conference is targeted at cocktail industry enthusiasts, bartenders, mixologists, bar owners, beverage consultants, and anyone in the beverage sector to empower them to be more and do more, and at the same time
providing them the opportunity to learn, unlearn and relearn. It will also expose them to trade secrets, emerging innovations and trends in the industry.

Lagos Cocktail

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Investment

Diaspora investments: A must for the development of Africa

Published

on

Image Source: rupixen.com

It has been three years since his Excellency president Nana Akufo-Addo of Ghana shared some controversial thoughts on Africa’s dependence on aid or support from Europe in a decades long effort to develop the continent.

He was applauded for his bold statement and stance, but many (especially people from the Ghanaian diaspora) thought they were only words. Words they had heard many times before, but without plans or actions backing them. This might be true from their perspective, yet for the current generation of descendants from those who have been sold into slavery, it was good to hear an African leader show some backbone.

“We can no longer continue to make policy for ourselves, in our country, in our region, in our continent based on whatever support that the western world or France, or the European Union can give us. It will not work. It has not worked, and it will not work”.

The Diaspora Is Linked To The Strength of Africa

President Nana Akufo-Addo’s views on European aid are commendable, even if we debate how much he will be able to back up his words with actions.

“The place of the Diaspora, the status of the people in the diaspora, of the African diaspora, is intimately linked with what happens on the continent. An Africa strong and performing, transforms your position, your status here in Europe”.

He was addressing diaspora members in France, but he could have been addressing all people of African descent worldwide. The fact is that his ability to back his words, not exclusively but to an important extent, is contingent on the support he as an African leader receives from the African diaspora.

Remittance Coming From The African Diaspora

As a member from the African diaspora, one might ask: “Are we not supporting enough?”

Ishmeal Lamptey (Source: unsplash.com)

According to the World Bank Sub Saharan Africa received an estimated 48 billion US dollars in remittance funds from the African diaspora in 2019.

A study by Comstock, Iannone, Bhatia published in March 2009 (yes, the phenomenon has been studied for some time now) shows most funds are spend on costs of sustenance (29%), medical costs (16%) and education (12%).

When looking at the order of precedence these costs take in relation to each other, we see that unforeseen costs come first, second are medical costs and the last are for education. This underlines what we all know. The fact that there is often a sense of emergency to these transfers.

The Need To Move From Remittance To Investment In Africa

So, to answer the question of the diaspora, if it is not doing enough…well no. Harsh isn’t it? The fact of the matter is that the remittance funds are our own version of aid to the continent. It is keeping our people our family from dying but it’s not helping with any development.

We, the African diaspora, need to make the transition from remittance to investment. Remittance will always be part of the financial flows, but when seen in relation with Foreign Direct Investments (FDI) from the diaspora, they shouldn’t dominate as they do at present.

Following the content of a few independent journalists, there is now ample proof that at least some in the diaspora are not only willing, but able to move to the continent and start new businesses. But this group is a very small minority. The vast majority will not be able to follow suit and we should not want them to.

The revenues of the use of their human capital is needed to generate the investment flows Africa needs. The challenge Sub Saharan Africa faces is that of aggregation of available funds originating from the diaspora. The funds are clearly there, the industries which need them for we’ve identified, but now we need to create a robust infrastructure to aggregate and get them to their destination.

Like we pointed out in our previous article about thinking sufficiently big; while we keep our eyes on the end goal, we might need to start building one stone at a time. From individual projects, to industries, to the whole economy.

When doing so, we need to keep in mind that Africa is a unique environment. The common instruments of capital allocation used in the world should certainly be our starting point, but not limit our imagination when pooling the diaspora funds and channeling them into the continent.

As we have admonished a few times now; Africa should think BIG. And that also applies to its diaspora. In the coming articles we will continue exploring the idea of “thinking big” in the African context. So please make sure to subscribe to our Newsletter. We invite you to share your thoughts with us on the matter and get a discussion going with us and our other readers.

Article By: Jerrol Cambiel, Chief Executive EU Operations Debnoch Capital

 

Download BAO E-MAGAZINE

 

Continue Reading

Press Release

North Ladder Secures $5 Million Series A Financing Round To Accelerate Global Expansion

Published

on

North Ladder Team (Source: Siddharth Sudhakar)

North Ladder (previously called BuyBack Bazaar), a UAE based secured trading platform for pre-owned luxury assets and electronics, today announced a $5 million Series A funding round led by regional venture capital firm BECO Capital. The new investment will help the company scale up its technology platform, enhance customer experience and pursue further geographic expansion.

The homegrown start-up also revealed that it will begin operating under the new brand name North Ladder effective immediately, representing the company’s strategy of charting new markets and supporting individuals across the globe in their endeavour to elevate their financial situation. The disruptive and innovative technology platform is the first of its kind, providing access to verified buyers of second-hand goods and instant cash. North Ladder currently enables users to sell electronics such as phones, laptops, tablets, and smart watches, as well as luxury assets including watches and cars, with a unique option of buying it back within a few months.

The Series A financing builds on an exceptional year for North Ladder which saw rapid growth of its clients, network of buyers and corporate partnerships. To date, the platform has witnessed over 15,000 transactions in the UAE, with over 85 different nationalities served while earning an impressive 4.9/5 customer satisfaction rating. In 2021, the start-up is looking to establish its presence in the Kingdom of Saudi Arabia and the United States, with a focus on scaling the platform significantly in the next 18 to 24 months.

“North Ladder has demonstrated tremendous success with its unique model of helping customers access immediate funds against their assets. The provision of a seamless and trusted digital platform for the sale of pre-owned goods has immense socially transformative potential at a global scale. We are excited about partnering with them to take their services to the next level,” said Dany Farha, CEO & Managing Partner, BECO Capital.

The company recently appointed Sandeep Shetty, former Managing Director of the core ride hailing business at Careem, as Cofounder and Chief Executive Officer of North Ladder. Prior to Careem he also led the digital transformation program at Emirates NBD and has held leadership positions at McKinsey & Company and GE Capital across India, the United States and the Middle East. Sandeep joins the leadership team of co-founders Pishu Ganglani and Ricky Husaini who together bring years of prior global start-up, financial services, technology and operations experience.

“Our exciting partnership with the region’s leading investor BECO Capital gives us the opportunity to scale operations in the UAE and expand to other strategic markets, with the mission of meaningfully impacting people across all strata of society,” said Sandeep Shetty of North Ladder. “Our global auction brings professional buyers from around the world to compete and provide local customers with the best prices and no hidden surprises.”

Since its launch in 2018, North Ladder has been recognized as one of the “Top 5 innovative start-ups in the MENA region” by PayPal backed accelerator, Village Capital and awarded as an Innovator by Entrepreneur Middle East.

 

Download BAO E-MAGAZINE

 

Continue Reading

Press Release

Legacy Premier Foundation Congratulates New World Trade Organisation (WTO) Head Dr Ngozi Okonjo-Iweala

Published

on

Ngozi Okonjo-Iweala © AFP via Getty Images

The entire team at Legacy Premier Foundation hereby congratulates Dr Ngozi Okonjo Iweala as the new chief of the World Trade Organization (WTO).

With a proud heart and jubilation, we salute our quintessential woman of many feats on this global call to service.

This is a perfect example of a narrative that says “when opportunity meets preparedness success is inevitable”. Madam Director, you are an epitome of this simple quote. Over the years, you’ve carefully built a track record of competence with your records very visible in the public domain.

We are very pleased to send our warmest congratulations on your appointment as the seventh (7th) Director General of the foremost World Trade Organization, also making history as the first African and female to hold this prestigious position.

At this time where the world is battling with the Covid-19 pandemic, with a gradual return to normalcy, there are still some undulating terrains in the global trade landscape. We believe with you at the helm of affairs coupled with 25 years of diplomatic dealings and demonstrated leadership as a World Bank executive, you will saddle the affairs of the WTO and the entire global trade economy through these sensitive times.

We wish you much success in your new post and we look forward to the pleasure of working with you, in the place of making our African continent prominent in the scheme of world trades, and much more rejuvenation of hope that an African has all it takes to get to the zenith of his or her career without any equivocation.

We wish you a resounding success with legendary actions for global impact.

Signed: Dr Remi Duyile, Former VP, Bank of America and Founder, Legacy Premier Foundation

Visit: Legacy Premier Foundation

Download BAO E-MAGAZINE

 

 

Continue Reading

Ads

Most Viewed