Browsing: African personal care and cosmetics sector

Ecobank Kenya launches Ellevate Programme to empower women-led businesses

Since the programme’s inception in 2020, Ecobank Group has extended US$208 million in loans and received US$337.7 million in deposits.

This financial assistance has created an average of 90,000 to 150,000 employment across Africa, primarily in education, agribusiness, hospitality, retail, and distribution.

The product has also received prestigious honours, including Best New Product Launch of the Year 2021 (the Middle East & Africa Retail Banking Innovation Awards), Impact Award 2021 (Financial Alliance for Women), and Outstanding Crisis Finance Innovation Award 2021. (Global Finance Innovators Awards).…

Rihanna's Fenty Beauty to touch base in 8 African Markets.

Rihanna, the global pop singer, turned billionaire entrepreneur, has announced that her Fenty range of beauty and skincare items will now be available in Africa. As a result, the African debut of the Fenty premium cosmetics line will enhance the constantly demanding beauty and cosmetics business while also putting pressure on other luxury brands vying for a slice of the fast-growing multi-billion dollar beauty market pie.

According to the Barbados-born ” Diamonds ” singer, whose birth name is Robyn Fenty, the African debut of Fenty Beauty and Fenty Skin cosmetics products, funded by French luxury goods giant LVMH, will begin in eight African markets by the end of May 2022.

“I’ve been looking forward to this moment. “Fenty Beauty and Fenty Skin are finally available in Africa,” she said on her verified Twitter account. “On May 27, we will attack Botswana, Ghana, Kenya, Namibia, Nigeria, South Africa, Zambia, and Zimbabwe,” …