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Dayo Consulting will be unveiling a new service that will assist those dealing with unemployment over the next few weeks. As a part of this unveiling, you may have a chance to win one of several prizes. This is a sneak peak of one of our new services: professional developmental advice and guidance. Having a strong CV can help you get your foot in the door when applying for a new job. Stay tuned for details regarding our upcoming chances to win.


Developing a Winning CV: Sneak Peak

Organizing and formatting a CV is something that many people struggle with; however, your CV can potentially be the make-it-or-break-it document in your job application. Your CV needs to effectively highlight your experience and accomplishments in a professional, grammatically accurate, and concise manner. Firstly, you must understand the difference between a resume and CV. A resume is typically used for non-academic positions and tends to be between 1-2 pages. This length will vary depending on where you are applying and what country you are from, but typically the shorter the better. A CV is generally a bit longer and in depth and geared towards academia. Of course, if a CV is requested, provide a CV. Both CVs and resumes can list references. It is always best to refer to the job posting to see how the particular company wants professional and personal references to be supplied.


In both your resume and CV, you need to cover your academic qualifications, all relevant and recent work history, and any relevant skills. It is important not to inundate your prospective employer with every bit of experience you’ve had, especially when dealing with the traditional resume. CVs can delve into more detailed work histories, but as a rule of thumb try to eliminate irrelevant details. Your resume/CV should be organized with neat headings followed by bullet points that briefly highlight your responsibilities, duties, or accomplishments that you've listed. Recently, the use of a short paragraph that describes personal goals is being used more frequently in CVs and resumes. Finally, many employers will check to see linear and consistent experience; large gaps with no explanation are something to avoid. If you have gone a long time without experience, make an attempt to demonstrate why with other things you were occupied with in that period of your life. Treat your CV and resume as a narrative of your personal accomplishments.




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With a recent 60% increase in awareness for Dayo Consulting, now is the opportune moment to list your company and join us in our expansion efforts. Early buyers will also receive the benefit of a company profile write up advertised on all of Dayo Consulting's social media platforms. Please consider spreading your company's name by placing your ad today. Please contact Newsletter and Social Marketing Manager This email address is being protected from spambots. You need JavaScript enabled to view it. immediately if you are interested in taking advantage of this opportunity.

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Dayo Consulting strongly believes that by improving infrastructure in Sub-Saharan Africa, we can begin to solve the root cause of poverty afflicting so many people across the continent. We are taking steps to bridge the gap between private entities and public/state organizations in order to foster investment and project opportunities that will ultimately end this deficiency. Please check our Facebook and Twitter over the next weeks for a detailed blog post discussing this issue and ways in which we think we can solve it.

In the meantime, we would urge you to learn more about how Public Private Partnerships are making a positive impact in Sub-Saharan Africa by reading these recent news stories which are shared on our Facebook and Twitter Pages:

Nigeria-China Deal

Rwanda's Bright Future for Entrepreneurs

Initiative in Rwanda Improves Access to Electricity

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While Ebola is a grave and pressing issue for the world today, the disease is being exploited by many in the West in order to create fear with regards to traveling to and doing business with Africa. In the United States, news agencies are creating a type of mass hysteria causing widespread panic, unfair policies, and racism. In fact, a teacher in Kentucky, USA, was recently brought to resignation over a mission trip to Kenya where there are no cases of Ebola. Furthermore, there have been mandatory quarantine periods in New Jersey and students have been sent rejection letters from American universities due to African residency.


Beyond social injustice regarding Ebola fears, business in Africa is also taking a hit due to the hysteria. According to an article by Geoffrey York, "Earlier this month, the World Bank warned that the Ebola crisis could inflict $33-billion (U.S.) in damage to West African economies by the end of next year if it continues to escalate. But its researchers now admit that the $33-billion figure could be an underestimation." While fears regarding investing in the three most Ebola stricken countries can be understood, such a negative impact on the African economy is unfounded. Guinea, Sierra Leone, and Liberia are indeed suffering from the epidemic and traveling there is currently not advisable. It is thus understandable that there are hesitations surrounding tourism, travel, and business within these three countries; however, a $33 billion loss to the African economy is clearly linked to fear.


By withdrawing investments from Africa and refusing to do business with Africa, the chance of Ebola spreading only grows. By further sucking the continent of growth and financial resources, there is nothing to stop an epidemic from spreading. Even if we don't consider Ebola in a cause-effect relationship, pulling out of Africa is useless. Ebola is contained in three small countries on the West coast; leaving Africa does not prevent disease nor does it spread it. It simply hurts the African economy.


The Ebola crisis is a crisis indeed; many have lost their lives and the situation is not improving. Despite the tragedy, the West is utilizing the epidemic to deter business, travel, and immigration from Africa. As the map blow suggests, Ebola exists only in a minute portion of Africa. Ebola is not an "African crisis"; Ebola is a global crisis in a small, centralized area of Africa.


Let us join together in spreading the news that Ebola is not the end of Africa. Do not let the words of Western powers convince the world that we should be pulling assets out of Africa. Keeping a healthy African economy is one of many factors that can in fact curb the spread of Ebola. Refusing to do business with Africa hurts the Ebola cause and ultimately creates more problems across the widely Ebola-free map.

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In January 2015, Dayo Consulting is offering a training event in which companies can develop their HR strategies. HR is a vital section of any company as it deals with, as the name suggests, relations between employees. Without a healthy HR department that implements effective strategies, employees will lack the motivation and comfort needed to have a truly stand out company or business.


Dayo Consulting’s event, which will take place 26-28 January 2015 will provide high quality training to those wishing to develop HR strategies. The event will provide both theoretical instruction and factual support. An effective HR department can help to create inspiration in the workplace, which will ensure stability and productivity within your company.


This training is targeted at company leadership and those individuals with responsibility for vendor relations such as Human Resources Managers, Middle to top management, general employees, and Head Hunters.


By participating in the training, you will walk away with a greater grasp on how to identify issues within your own HR department; furthermore, you will be equipped with the tools to address and repair any issues you may have. This can in turn help you to retain staff and enrich your current staff simultaneously.


Please view the training web page for the most up to date information regarding this particular event.



Dayo Consulting is also offering a wide array of training services applicable to your HR department. For a full list of offerings, please click here


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The leader of a company will set the tone for that company’s environment. By extension, leadership roles require one to foster productive attitudes within employees to ensure a fruitful enterprise. Without strong leadership skills, your business will be in jeopardy. However, what constitutes proper leadership is highly contested. While there are certainly characteristics that can qualify one as a bad leader, Dayo Consulting takes the view that there are a variety of leadership styles that all can be productive and beneficial in a work environment.


In January, Dayo Consulting will offer a leadership training program to help address different leadership styles. Between 20-21 Janaury 2015, please consider joining us as we will explore the meaning of leadership and the different types of effective leading styles.


At our event, we will discuss the following leader types: the pace-setting leader who expects and models excellence and self-direction, the authoritative leader who mobilizes the team toward a common vision and focuses on end goals, leaving the means up to each individual, the affiliative leader who works to create emotional bonds to bring a feeling of belonging to the organization, the coaching leader who develops people for the future, the coercive leader who demands compliance, and the democratic leader who builds consensus through participation.


Research from a Harvard Business Review study of leadership behaviors discovered that a manager’s leadership style was responsible for 30% of the company’s bottom-line profitability. Ensure that your company is producing to its maximum capacity. Please check out the event page for the most up to date information.






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Social media platforms such as Facebook and Twitter are excellent tools to grow your company name, increase your global presence, and ultimately boost sales. After 6 weeks of intensive social marketing, awareness for Dayo Consulting has increased by 60%. In the past week alone (9.17 – 9.23), Dayo Consulting has seen a 57.7% increase the rate of page likes from the previous week, putting us at roughly 9.2k followers. We’ve had over 35k people engaged in our posts, demonstrating an 8.3% increase from the pervious week. How is this relevant to your company? Dayo Consulting began with a small online presence, yet we have rapidly grown our online presence, thus creating a positive effect on our company brand. The following post serves as a brief overview of Internet use in Africa and how you can use this to expand your Small to Medium Enterprise (SME) across borders.


Mobile Internet devices are the method of preference for engaging with the Web in Sub-Saharan Africa; in fact, between 2014 and 2019, the use of mobile phones is anticipated to increase 20 times, a rate far faster than anywhere else in the world. Certain polls showed that 70% of people accessing the Internet in Sub-Saharan Africa do so with a mobile device. While the causes of this are due to poor landline structure, there is a benefit: with such a strong mobile presence, prices will drop, accessibility will increase, and you will be able to make a name for your company from any location in which you have your mobile device.


By investing time and energy in forming a strong social media presence, your company brand can grow substantially. You can utilize such platforms to broadcast your company’s services, your mission statement, your contact information, and your other online presences (ie your website or blog). In doing so, your company can grow beyond its national borders. An enterprise in Ghana can now easily reach people in Nigeria, Kenya, South Africa, and Tanzania with a simple click.


When forming a presence on social media, it is important to remember that social media platforms are not a solution but rather a tool. Having a Facebook account for your business is only the first step in raising awareness for your brand. Effective utilization of your platforms is necessary for success. How can you carve out a niche for your social media site? Will you provide up to date and unique information relevant to your field f service? Will you offer convenient and plentiful customer service through instant messaging and Twitter services? Regardless of what you choose to do, social media, if used efficiently, can surely expand your company across a continent and the world. Finally, it is imperative that you transform your social media presence into purchases; in other words, having a strong brand name alone will not make your company money. You must capitalize on your awareness in a way that brings profit to your organization.  Stay tuned for strategies on turning social media presence into sales.


If you are interested in receiving help on developing your social media endeavors, web presence, or online solutions please This email address is being protected from spambots. You need JavaScript enabled to view it. .


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Famed painter Joseph Gnädinger lived over a decade in the African country of Togo. While there, he painted countless scenes of the life and landscape of his host country. Recently, in Ramsen, Switzerland, Gnädinger's birth and death place, a celebration was held in his honor. Among the guests, three came from Togo to honor the late artist. Along with the approximately 100 guests in attendance, Swiss choral group, Chorale de la Sainte Trinité, from Zürich, performed African songs and rhythms to add to the evening's cultural touch.


While this event is a beautiful cultural success, it highlights the void of European-African cultural exchanges. Not many a man has traveled from Switzerland to live in Togo, or any other African nation, with the goal of depicting the foreign lifestyle via art. Such an undertaking is admirable and should be replicated by Europeans and North Americans in all fields. On the same token, more citizens from African countries should be invited to participate in such cultural events in Europe and North America. The bringing together of cultures marks a significant and vital success in the mission to unify the globe.

Joseph Gnädinger, who died in 2000, has a legacy that survives across borders and oceans. Let us see him as a role model and follow in his footsteps to create a more unified world.





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When choosing where to invest your money, it is vital to have a strong grasp on a variety of factors. Dayo Consulting is here to help you understand how to make an intelligent investment decision; furthermore, if you are interested in investing in certain sectors, we can help you in this process. This guide, developed by Dayo Consulting, is here to help you when it comes time to deciding on how to invest your money.


First and foremost, you want to choose a project that has strong return potential. In other words, the central purpose of investing your capital in a project is to make money down the road. When considering an investment option, you need to consider all potential future outcomes. Perhaps a project demonstrates money-making capabilities; however, ask yourself: are there any roadblocks that could prevent project success? If so, how many are there? Consider all possible circumstances that could potentially help or hurt your return. Say a project has the potential to return your initial investment by 50%; however, after considering potential issues that may arise, you realize that the project has numerous challenges that could hinder your returns from being the 50% a project is promising. Conversely, a project that will only return 10% of your initial investment that has no foreseeable challenges could be a much wiser investment option. The key is to make money, but don’t forget to consider what could go wrong on high value projects.


Furthermore, the work ethic, values, and track record of project owners is essential to understand an incorporate into your decision to invest. If a certain investment opportunity is promising high returns, yet the project operator has a track record of losing out half way through project lifetimes, is it truly worth your time and money? Likely not. You want to be assured that the project leader is capable of following through with not only their promise to make you money, but also capable of maintaining healthy projects. If the project owner consistently struggles to make money for their own company, why should you spend time and capital on them?


Not only is making money important, but also understanding the payback period is vital. Is this a long or short-term project you are considering? There is no right or wrong answer here: both short term and long term payback periods have advantages and disadvantages. Short-term investment typically refers to projects that will hold your money for a year or less. Short-term projects have a stronger emphasis on timing than long-term counterparts. When considering day trades, for example, it is absolutely vital to know when the best time to buy and sell is. While much of the investment work Dayo Consulting is involved in will be significantly longer than a day-long investment period, the same philosophy applies. If you are looking to invest in a short-term project, it is best to look at the histories of similar projects. When is it best to invest your money? Does the project’s life cycle play a role in when you can maximize your profit? Long-term projects, on the other hand, will require money up front with hopes of making money back in the long-term. These projects are tricky in the sense that you need to be confident that your chosen project will survive. Does the project owner have in place options for investors to withdraw funds if the project is failing? If not, how large are your potential losses? These are all vital questions to answer before choosing a project.


Security and global considerations come next. Is your project in an unstable part of the world? If so, this does not mean that you should rule it out immediately. Sometimes the best investments come from risky decisions; however, it is important to understand the risk-benefit analysis. Suppose your project has several security concerns. Perhaps it is in a country with a regional conflict. While this may scare some investors away, if you can approach the situation rationally, you may find that security measures are in place to protect your investment. Does your project leader have experience in these types of areas? If so, how successful have they been? Does your project protect itself from regional, national, and international instabilities and threats? How is the economic security of your project? While volatile economies can be frightening, they can also return vast sums of money. Again, security is essential to consider when trying to decide where to invest your capital. Security issues are not necessarily criteria of exclusion; you simply must decide whether or not the risk is worth the potential benefit.


As mentioned above, global considerations are important. Although this may seem straightforward, it is always important to check the legality of your chosen project. Does is violate any labor laws (national or international)? Does the project infringe on any sanctions? If not, will sanctions impact the survivability of your project? Have past global conventions or summits set any rules or regulations on certain projects? If so, what are they, and does your project abide by these regulations? Will your investment create a poor company image? Is it involved in a controversial field or violent conflict area? If you consider all of these questions and still believe that your chosen project will in fact make you money, it is probably a good bet to proceed in the process.


As for Dayo Consulting, we are involved in several major projects in Africa. The projects range in value significantly. If you are interested in specific details, please contact us. Some of our projects include: Lagos Light Rail in Nigeria, Cement Factory in Nigeria, and a Water Project in the Kabakaba Hills in Ghana. This is by no means an exhaustive list. If you are interested in investing in Africa, Dayo Consulting can help you. We have the means and networking capabilities to make it a successful venture for you. If you are interested, please contact us immediately.







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Ethiopia: A Country Study

Recently, Dayo Consulting has tracked an increased Ethiopian presence on our social media sites. Because of this, DC thought it would be valuable to do a brief country study on Ethiopia to teach our followers and partners more about this east African country. The following information is derived from a variety of sources, all of which will be noted at the foot of the article. All information is objective and solely attempts to inform readers about this country.


Demographic Information


  • Population: 86.5 million as of 2012


  • Major languages: Amharic, Oromo, Tigrinya, Somali


  • Major religions: Christianity and Islam


  • Monetary unit: Birr (1 Birr = 0.05 USD/0.038 EUR/0.03 GBP)



Economy Information and Outlook


  • 2012 GDP in USD (purchasing power parity): 105 billion


  • 2012 GDP in USD (official exchange rate): 41.91 billion


  • GDP real growth rate 2012: 7%


  • GDP per capita PPP: USD 1,200


  • GDP composition: agriculture (46.4%), industry (10.7%), services (43%)


  • Population below poverty line: 29.2%


  • Ethiopia has managed to attract a significant amount of foreign investment in textile, leather, commercial agriculture, and manufacturing industries  


  • Land use certificates have started to be issued to land holders to increase the legitimacy of their use of the land


  • Ethiopia plans to continue its controversial project, the Grand Renaissance Dam, which is along the Nile river. This is in hopes to develop electricity for both domestic use and international export


  • One of the fastest growing economies in Africa



Fast Facts


  • Ethiopia is Africa’s oldest independent country


  • Ethiopia is Africa’s second largest country in terms of population


  • Ethiopia has been strongly influenced by waves of British, American, and Russian influence over the course of the 20th century


  • Ethiopia is one of Africa’s poorest states; however, the country has undergone fairly rapid economic growth since the end of the 1970’s civil war




BBC's Ethiopia country profile  

Index Munid's Ethiopia 2013 Economic Profile

Feed the Future's Ethiopia Country Profile

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According to Telegraph article “How British business has been hit by the Ebola epidemic,” Ebola has in fact disrupted “daily operations” of nearly 12 UK companies operating in west Africa. In particular, companies located in Sierra Leone, Nigeria, and Liberia have been hit hardest. Furthermore, South Africa has recently passed a travel ban restricting all travel to these affected countries to only citizens; in other words, all non-citizens are barred from traveling. Large mining companies based in Ebola-stricken countries are concerned that this will affect operations.


Companies have been forced to deal with the crisis at hand. London Mining released a statement detailing this issue: “The impact of measures taken to address Ebola and the narrowing of guidance is expected to marginally increase costs versus previous expectations.” As costs continue to grow and the disease continues to spread, a serious economic downfall could hit these companies. While most company’s operations have not stopped completely, Hummingbird Resources summed up the main concern: “If the outbreak continues to spread for a significant length of time, it would impact on our mining… If it goes on for another six months, for instance, it will start to hurt us.” While companies are continuing to implement new health procedures, such a new hand washing requirements and employee segregation, there is a bonafide fear that with the spread of the disease will follow severe complications for daily operations.


Dayo Consulting has drawn two major conclusions from the news. Firstly, while we do not want to discount the severity of hardship companies are facing, we see the negative impact as a promising omen for the development of African economies. For several major British companies to be impacted so negatively by events in Africa, it proves the relevance and importance of African markets. “London Mining, which controls the Marampa mine in western Sierra Leone, announced on Thursday the outbreak could cost the company an additional $1 per tonne produced in 2014 and force a reduction in drilling.” Such pressures iterate the importance of investing in and maintaining healthy African markets. The Ebola outbreak has brought this to the surface.


Secondly, it seems that these companies operating in west Africa are taking appropriate precautionary measures to held ease the negative effects of the outbreak. For example, British company PZ Cussons has “instructed employees not to travel to Guinea, Liberia or Sierra Leone until further notice.” Such measures will help prevent the spread of disease and work towards safeguarding everyday operations for companies based in this area. Such measures suggest that these companies are attempting to be responsible not only for the wellbeing of their own operations but also for the wellbeing of the continent. Any measure to prevent the further spread of Ebola is admirable and a part of the giant cogged machine working to keep the situation under control.



Source: click here






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African Exchanges at a Glance

African exchanges have grown significantly in recent times. Twenty years ago, only five stock exchanges existed in Africa (excluding South African and Egyptian markets); however, today there are twenty-three domestic exchanges and two regional exchanges in Africa, boasting about 2000 companies that are involved and listed. While this may seem small, especially in comparison to Indian and Chinese markets that have 3500 and 1700 businesses listed, respectively, it is vital to keep in mind that the African continent is consistently regarded as being economically underdeveloped and politically unstable. While most of the companies listed are in sub-Saharan Africa, there has been an undeniable boom of growth in companies listed on stock exchanges and the existence of stock exchanges themselves in the past twenty years, signifying healthy economic growth for the African continent.


The Nigerian Stock Exchange – 500 IPO Initiative

Over the next five years, the Nigerian Stock Exchange (NSE) intends to target 500 companies for an initial public offering (IPO).  The Nigerian Stock Exchange is the second largest exchange, or bourse, in Africa, falling behind the historic Johannesburg Stock Exchange in South Africa. If the NSE’s plan comes to fruition, it could generate up to USD 1 trillion market capitalization by the year 2016, or at the very least, this is the hope of a certain regulator who spoke with Bloomberg in October.

The NSE hopes to target oil, gas, power, and telecommunications companies. These types of companies will help the NSE to meet its market value goals. In 2014, SEPLAT Petroleum succeeded in becoming Nigeria’s first company to be listed via IPO on the London Stock Exchange. Such an entrance certainly holds hope for the future of the NSE.



The principal challenge for the NSE as well as for African markets as a whole is corruption. Nigeria, Africa’s most populous country, ranks 139th out of 174th on the Transparency International Corruption Perception Index. This signifies a realistic concern for corruption concerning the Nigerian market. While corruption will serve as a major roadblock for African markets, increased investment and confidence in the African continent will help to eliminate both perceptions and realities of corruption. As the NSE continue to strive to grow into something great, corruption will have to fight against progress rather than the other way around.



By: Christopher Jackson, SMM for Dayo Consulting






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When considering where to invest one’s money, time, and attention, it is vital to investigate a variety of factors outside of simple economic and financial health. While the economic environment of a particular company or country is central in deciding whether or not to invest, there are other factors that are often overlooked. One of these factors is academia; in other words, where are colleges and universities sending their students? To which countries are students going to study abroad? By studying such phenomena, businesses and investors can get a better idea of where current students plan to invest their future endeavors.  The African Markets Internship Program is one such program.



According to the Global Business School Network Blog, the AMIP is “the [Tony Elumelu] Foundation’s flagship leadership development programme, designed to give MBA students with a passion for African economic development the opportunity to obtain first-hand experience with high-growth businesses in emerging markets, develop essential skills, and build a network in the fields of professional entrepreneurship and business management throughout Africa.” The Tony Elumelu Foundation was created in 2010 as a non-profit organization based in Lagos, Nigeria with the goal of increasing private sector growth and competition in order to spur economic activity within Africa.



Participants come from many countries including Nigeria, Ghana, the UK, the USA, China, and Denmark, to name only several. Students are MBA and MPA candidates. The selected associated participate in a 10-week program designed to give students in depth knowledge to help contribute to job development, economic growth, and business innovation in Africa. Such a diverse group of students demonstrates a worldwide push within academia to get students to study and invest in the African continent. Students are the future of our planet; if they see fit to invest resources in the continent, perhaps you and your company should too.




By: Christopher Jackson, SMM for Dayo Consulting


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There is still time to sign up for Dayo Consulting’s High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar. For those looking for superior financial and investment expertise regarding wealth management and investment structuring, this event will provide numerous opportunities for group discussions, networking and consultations with our financial experts.

It would be hard pressed not to take notice of the increase in women wielding economic power in the financial world. With wealth management surveys confirming that 95% of women become their family’s primary financial decision maker at some point in their life, it has become essential for the economic community and commercial world to address the position of influence these women hold and to support their need to make informed and beneficial choices regarding their finances and portfolios, their investments, and other responsibilities over which they may be accountable.

According to Barclay’s Wealth Insights, Volume 2: A Question of Gender, “women have a more cautious approach to risk” and look to becoming more educated about investment plans and strategies. Wealth managers and financial decision makers are now required to address the specific needs of women of high net worth as they become better informed about personal finance.  Managers that are proactive in identifying opportunities and communicating ideas are key in the relationship between a wealth manager and a client; placing more focus on the importance of high quality, personal service that will build a trusted connection is invaluable when beginning the selection of a wealth manager.

As more women come into positions of commanding wealth, education becomes the foremost factor regarding the influence in wealth accumulation. According to BWI, “women generally want to know more about investment proposition, and fully understand it, before they are prepared to sign up.”

The High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar held by Dayo Consulting will not only provide financial and investment expertise to women presently in charge of their family wealth, as well as their spouses and wealth managers, but it will help to examine investment structuring and options for portfolio management that addresses the needs of high net worth women. Dr. Ros Altmann, Governor of the London School of Economics states, “Women are much more clinical in their need to know what they are going to get before they sign up for something.” The High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar provides the information and knowledge women of affluence are looking for as they seek to understand their needs for the future of their finances. To find out more about the event or to register, please visit the event page.





Source: Barclays Wealth Investments 2 (2007).

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Dayo Consulting’s High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar still has spots open for those looking for superior financial and investment expertise regarding wealth management and investment structuring.

Selecting a wealth manager can be a difficult and daunting process for those unsure of what they want in an institutional wealth manager or professional. Without the ability to drive their business models or build personal relationships, institutional wealth managers and wealth managers alike are unable to build the personal relationships needed.  In order to create a high quality client experience, a wealth manager must be able to achieve profitably while driving down operational and support costs; choosing the wrong wealth manager could result in decreasing investment returns and inexpert financial advice.

When selecting a wealth manager, there are many pitfalls that can befall an inexperienced manager, such as:

One size fits all: A wealth manager must be able to identify segments they can serve based on strengths, the customer’s profile, and ability to extend the business. As clients have varying needs, having one single wealth management profile that is designed to appeal to everyone will result in the wrong product mix or a misaligned services approach and loyal client relationships will fail to develop.

Lack of a range of products and services: To be able to compete successfully and retain—as well as build—each client’s assets under management, wealth managers need to have a wide range of product and services available. In lacking a range of products and services, wealth managers can lose the ability to be objective, and thus lose client profitability.

Lacking a Trusted Advisor: To meet the needs of HNW individuals, wealth managers and institutional wealth managers need to provide significant advice regarding the client’s financial portfolios and investments.  Many institutional wealth managers lack processes to assess the quality of their financial advisors. Without more innovative tools, questions regarding wealth event planning, changing stages in the wealth building cycle, and evaluating investing alternatives cannot be answered efficiently. 

 Watching the changing trends concerning financial advisors is also important when choosing a wealth manager. Staying up to date with the developments in the wealth-managing world and understanding how these advances can benefit you and your investments is an important step in finding the right wealth manager. Current trends to watch include:

Real time: With wealthy customers demanding frequent and high quality guidance from financial advisors and becoming more active in the investment process and performance of their portfolios, the need for real time access to information Is crucial.  Real time updates and high frequency feeds enable clients and investors to make informed decisions.

Centralization: Wealth managers need to regulate their knowledge about their customers and their needs for a better customer experience. This allows for a more personal service available at a lower cost.

Outsourcing: Wealth managers are outsourcing large portions of their office technology and processes to maintain costs of developing and maintaining wealth management platforms and operations and develop integrated platforms negating the enormous costs and years it would take to set up.

Web Services: Private labeled hosted web services are allowing wealth managers and wealth management servicing providers to make their platforms widely available. These applications use third party secure publishing platforms to handle a variety of documents and is integrated with the wealth management-processing platform.

Global Portfolio Management: As some of the portfolios belonging to HNW individuals will need to reach a diverse, global audience, platforms will need to support multi language/currency/accounting/regulatory concerns and reflect global differences in performance.

While all of this is just a short overview of some of the things to look out for when starting the search for a proper wealth manager, The High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar held by Dayo Consulting will help to explore this topic further. The event will help to determine whether an independent asset manager (IAM) or bank investment representative will provide the greatest portfolio protection and maximize portfolio performance based upon individual circumstances; a proper wealth manager is the first step to successful portfolio management and financial investment. To find out more about the event or to register, please visit the event page.





Source: Rao, S.K. and Jim Walb. “Technology and Wealth Management Best Practices for Capturing Profitability”

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Dayo Consulting is happy to announce that registration is now open for their seminar targeted toward wealth managers and women presently in charge or co-charge of their family-wealth (as well as their spouses).  The High Net Worth Woman’s Blueprint for the Choice of an Investment Manager seminar is intended focus on the study of the investment structuring and options for portfolio management, specifically addressing the needs of an ever-increasing number of women of wealth. Throughout the course of this event, the schedule will allow numerous opportunities for group discussions, networking and consultations with our financial experts.

An overview of the discussion topics include the best practices in investment structure (managed/non-managed portfolio), independent asset manager vs. bank, outlook: future investments AIC (female banker), the bank as investments manager: conflicts of interest bank/investor, how to control/restrict the bank's investment-decisions, and looking further into the future, a financial advisor must also provide continuity as wealth is transferred through the generations.

 Speakers include company Associate Director and CEODayo Ogunsola, as well as Jorge Carrion addressing “Investment Checkpoints; IAM vs Bank; Future Outlook” and “Bank as investments manager & controlling bank's investment-decisions” respectively.

 Located in Zurich, Switzerland, this event will start at 9:00 A.M. on Sept 8th, 2014 lasting until Sept 10th, 2014 running for a total of 40 hours.  The cost runs a total of 2875.00 CHF.



For more information or to register, please visit the Event Page via the Dayo Consulting website.

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The economic growth of Sub Saharan Africa was discussed in the previous blog, breaking down the success of the rise of the financial activity into four causes: the continent having the right kind of population growth, rapid urbanization creating efficiency gains and luring investors to capital cities, technology having a bigger effect on the continent, and better governance and economic management by officials from very modest beginnings. Investors are seeing this rise in economic activity as a drop in risky activity and are more willing to invest in African markets, helping to further develop the economic situation of the continent.

The rapid growth of the African economy carries pros to the situation, such as bringing in more investors and thus more money to aid poorer countries, helping to pull them towards middle class incomes.  According to the same article referenced in the previous blog, “Bulging in the middle: A boom in sub-Saharan Africa is attracting business talent from the rich world,” nine out of 11 countries in the world at “extreme risk” of having a food crisis are African.  Nonetheless, the International Monetary Fund (IMF) claims Africa’s GDP has grown 5% since 2012, much faster than approximately anyplace else.

 However, with the pros of having a growing economy, there are also cons. According to the Economist article, if Africa were a country, instead of a continent combining 54 countries, it would have already reached middle income -- defined by each person having more than $1000 -- in total, Africa’s average is $1700.  In Sub-Sahara Africa, 22 out of 54 countries have passed this threshold, but because of the separation and the differences in corruption and bloodshed spreading through some of the other countries, the prosperous economies that these Sub Saharan countries have not been able to been enjoyed by the remaining continent.

 “Bulging in the middle […]” states, “Some say that the easiest ways to make money have already been exploited. Now Africa needs to build its still creaky infrastructure and diversify its companies if it is to keep up its fast growth. For that, it desperately needs two things: more capital and skilled workers.” While salaries in Africa have started to increase – 30% according to a Wall Street firm – it is still a difficult market in which to make money.

 A fast growing economy means dealing with and overcoming corruption, as political risks are still at stake and a lack of resources, such as capital and skilled workers put pressure on those in charge.  However, as more investors and businesses start to come into the world of the African business market, corruption begins to become flushed out so the markets can thrive.

Companies such as Dayo Consulting work to help provide both capital and skilled workers to aid in the growth of the rapidly rising African economy. Dayo Consulting provides services such as Management Consulting in order to enable us to help in building the systems businesses needed to compete in African markets and to prepare African businesses for trading relationships outside Sub-Sahara Africa. With Dayo Consulting’s Market & Business Analysis, Process & Change Management, Strategy Development and Implementation, Information Services and Systems Management, Project Management, Sourcing, Procurement, Outsourcing, and Services Business Plan Development, we can help to train businesses and workers to work with the Sub-Saharan market and create a relationship with investors and stake holders, creating new financial opportunities and generating capitol and competent workers ready to bring their own companies into the competing markets.

Source: (2012 Oct 20). Bulging in the middle: A boom in sub-Saharan Africa is attracting business talent from the rich world. The Economist. Retrieved from

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Sub Sahara Africa is seeing a rise in economic growth, pulling in investors and increasing foreign investment by 50% since 2005. Stakeholders are seeing local markets as less risky investments and financial activity is rising in Kenya and Nigeria as investors flock to Nairobi and Lagos, as they once did to the economic tiger of Tokyo and Southeast Asia. 

Four separate causes have helped aid the rise in Africa’s economy, according to Wolfang Fengler, one of the two World Bank economists. As laid out in “Bulging in the middle: A boom in sub-Saharan Africa is attracting business talent from the rich world,” an article found in the October 2012 edition of The Economist:

1.   The continent has the right kind of population growth: most Africans live increasingly longer while having fewer children, rather than the other way round. The UN says that Nigeria may overtake the United States by 2055 as the third-most-populous country after India and China, yet simultaneously reduce its birth rate.

2.  Rapid urbanisation is creating efficiency gains and luring investors to capital cities that have begun to thrive and where growing population density cuts transport times and fosters small-scale industrialisation.


3.    Technology is having a bigger effect on Africa than anywhere else, because it started from such a low base. In the past decade the use of telephones went from 0.7% of the population when land lines were rotten to 70% with the advent of mobile phones; Africa is a global pioneer in banking on mobile devices, not least since most people have no access to conventional banking.

4.   Governance and economic management by officials have got better, again from very modest beginnings. The growing popularity of African sovereign debt is a good indicator.

Fengler claims “if current trends continue, most of Africa will be middle-income by 2025.” However, there is still work that needs to be done to help in the development in Africa’s economy. At Dayo Consulting, we can help to analyze and identify markets to help introduce investors to the infrastructure as the countries and markets work to build up reputations and capital. Dayo Consulting is also available to advise and help train in African business culture for partners looking to gain experience that will be useful to them in Africa.   


Source: (2012 Oct 20). Bulging in the middle: A boom in sub-Saharan Africa is attracting business talent from the rich                     world.The Economist. Retrieved from                                             africa/21564856boom-sub-saharan-africa-attracting-business-talent-rich-world

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According to The Africapitalist, Africapitalism is “not capitalism with an African twist; it is a rallying cry for empowering the private sector to drive Africa’s economic and social growth.”  With consumer markets filled with people who wish to technology and products just like the rest of us, private consumption is credited for 2/3rds of Africa’s GDP growth.

The banks of Africa have aided in integrating a financial infrastructure into Africa and enabling intra-Africa trade, which is essential for the development of the growth of the economy within the continent.

Business leaders have to focus on building companies that utilize knowledge of local markets in completion in the global field.  The Africapitalist gives the example of Kenya’s Silicon Savanna, where “financial services innovations can be introduced to banked and unbanked populations across the continent.”  Political leaders have to be able to create environments for these businesses to thrive and grow and government policies must turn from corruption and focus on protection for entrepreneurial industries. 

Investors or companies who look to enter African business markets through the private sector can look to Dayo Consulting for help in analyzing and identifying markets, advisory and consulting, and training in business culture and terrain in the appropriate area. Day Consulting also seeks to help Africans reach out and build relationships outside the continent in source partnerships, source machinery, source manufactures, tested technologies, as well as source buyers or sellers. 

The growth of the economic development and business influence in Africa comes together with the right actions within the private sector – the commitment of Africapitalism to the economic renovation of Africa.



Source: Elumelu, Tony O. (2011). Africapitalism. The Africapitalist. 1(1). 2-3.

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