Archive | January 2014

First Porsche uncovered after 112 years

First Porsche uncovered after 112 years

This was the first car ever designed by founder Ferdinand Porsche. The car was used in Austria in 1898 but has been locked away untouched for the past 112 years.

After its first drive on June 26, 1898, Porsche continued developing the car, and in September 1899 won a 24-mile electric-car race with three passengers, finishing 18 minutes ahead of the next challenger. Porsche would go on to work for Mercedes and other German automakers; it wouldn’t be until 1948 that he would find his own automaker.

Porsche Automobil Holding SE, usually shortened to Porsche is a German holding company with investments in the automotive industry. Porsche SE is headquartered in Zuffenhausen, a city district of StuttgartBaden-Württemberg and is owned by the Piëch and Porsche families. Read more

Yahoo Autos

Is Africa’s young population a risk or an asset?

Is Africa's young population a risk or an asset?

 

 

 

 

 

 

 

Africa has more people aged under 20 than anywhere in the world and the continent’s population is set to double to two billion by 2050.

However, this demographics if not properly harnessed could spell doom for Africa. In Nigeria, the culture of corruption have been imbibed by a large section of her youthful population. Get rich quick syndrome has eaten deep in the subconsciousness of younger generation, and the biggest challenge for these youths is the fear that their country holds a gloomy future for them. True?

Their interpretation of this inherent fear as to an uncertain future, the means in which they go about addressing this fear,and the will by the government of the day in formulating policies that would allay this fear would determine if Africa’s young population becomes a risk or an asset.  Read more