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4-Traders Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

Delayed Quote. Delayed  - 08/24 10:00:00 pm
123.48 USD   -0.72%
06:30a FACEBOOK : supports female African entrepreneurs
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Facebook : supports female African entrepreneurs

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08/25/2016 | 06:30am CEST

Facebook supports initiative to encourage women across the continent to start their own businesses and help drive prosperity for their countries... She Leads Africa’s successful bootcamp programme, SheHive, was held in London from August 18-21, 2016. The four-day event took place at Facebook HQ in London and featured some of the city’s leading African and diaspora entrepreneurs and business women, who shared insight and advice, as well as lead workshops on building business skills for the future.

She Leads Africa has built a global community of more than 100,000 members across Africa and the diaspora in just two years.

“Facebook is where African consumers connect with African entrepreneurs, with millions of people across the continent using our platform to communicate with small businesses each month,” said Akua Gyekye, public policy manager for Africa at Facebook. “Over 60 million businesses are using Facebook to help grow their business and connect with customers. While many of the owners and founders are African women, there should be more. That’s why we are delighted to support She Leads Africa as it enables young African women to connect, learn and share in a supportive and inspirational environment.”

She Leads Africa co-founder Afua Osei, said: “Men dominate the business and corporate landscape in Africa, but we have the opportunity to change things now by nurturing female African entrepreneurs on the continent and in the diaspora.”

Added Gyekye. “We are eager to help more African women turn their businesses into realities because we believe that this will help their families, communities and countries to prosper. Female-owned businesses lift up other women, create jobs and inspire other girls and women to start businesses of their own. We want to work with female entrepreneurs to use our mobile tools to communicate with their customers in a relevant and personalised way.”

SheHive London, an open event, gave access to over 15 expert-led, training sessions covering the topics that young professional women need to know in order to succeed. This was also an opportunity for young women to re-engage with the continent and network with other young African women while building their professional skills.

SheHive will also be moving on to Johannesburg and Lagos, later on in 2016.

(c) All rights reserved. 2016. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2016 27 173 M
EBIT 2016 15 204 M
Net income 2016 8 364 M
Finance 2016 22 212 M
Yield 2016 -
P/E ratio 2016 43,31
P/E ratio 2017 30,70
EV / Sales 2016 12,2x
EV / Sales 2017 8,90x
Capitalization 354 593 M
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Facebook Inc Technical Analysis Chart | FB | US30303M1027 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 154 $
Spread / Average Target 25%
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Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer & VP-Engineering
Timothy Campos Chief Information Officer
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