Aquila Network Blog

The Libyan government is planning to lay off 400,000 of their employees in an effort to decrease their national budget and increase their private sector:
“Each public employee who is laid off will be given a full salary for three years or will be granted up to $40,800 in loans to start a business, he said […]

BBC News highlights a growing trend of investors in the UK who are putting their funds into Islamic bank accounts to avoid having their funds re-invested into industries that are perceived as “unethical”.
According to the principles of Islamic Banking, all funds must be invested in industries Muslims consider ethical. Another important aspect of Islamic Banking […]

Apparently, the Swedes put more faith in the “corporation” than in the “church”:
[TAKEN FROM SPIEGEL ONLINE]
“What do Volvo, Ericsson, Saab and IKEA have in common? The people of Sweden have more faith in them than in the church.
Perhaps the news shouldn’t come as much of a surprise, coming as it does from a country best […]

The Economist has an inspiring profile on Ayisi Makatiani and his efforts to help develop successful businesses across Africa. Makatiani first saw success as a founder of Africa Online, an Internet Service Provider, which eventually became the largest ISP in Africa and was acquired by Prodigy.
After an internal shake-up at Africa Online, Makatiani left the […]