Ghana raises Cocoa price by almost 45% to boost farmers’ Incomes
Ghana has raised the fixed farmgate price paid to cocoa farmers by nearly 45% to help boost their incomes and curb smuggling.The new price raises the payment for a 64-kilogramme…
How to leverage social media for business growth in developing Economies
Social media is an online platform that allows people to create, share and exchange ideas, content, information, videos or images in computer-based interactive communities.Brands that successfully leverage social media have…
Liquid expands cyber security services, a game-changer for businesses in EA
Liquid Intelligence Technologies has announced the addition of new cybersecurity solutions to its Cybersecurity Convergence Center (CSFC) offerings.Liquid has significantly broadened its cybersecurity portfolio for businesses operating in East Africa.…
African Development Bank raises $2 billion in Bonds as it celebrates Diamond Jubilee
The African Development Bank (AfDB) has successfully launched and priced a new $2 billion five-year Social Benchmark bond, maturing on September 18, 2029.This issuance coincides with the bank's 60th anniversary…
Ivory Coast becomes Nigeria’s biggest trade partner in Africa
Ivory Coast has become Nigeria's biggest trade partner following the importation of crude oil worth N2.5 trillion in the first half of this year. This is according to the latest…
Nigeria unveils plan to generate $100 billion from creative industry
The Nigerian government has unveiled plans to generate an annual revenue of at least $100 billion through the creative industry. The plan was unveiled by the Minister of Arts, Culture…
Rwanda’s honey industry and Its emerging partnership with China
China has announced a new plantation agreement with Rwanda after signing a major deal during the recently concluded Forum on China-Africa Cooperation (FOCAC) summit.At the meeting, the two countries issued…
Nigeria partners with World Bank to unlock $300bn in untitled land parcels
Nigeria's Ministry of Housing and Urban Development has partnered with the World Bank to address the country's land registration challenges. With over 90% of land in Nigeria currently untitled, this…
Nigerian Government sues four unlicensed crypto traders
The Federal Government of Nigeria has filed criminal charges against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without valid banking licenses.The defendants were also charged with violating…
Nigerian fintech Rise acquires Kenya’s Hisa
One of Nigeria’s leading global business startups has made its second acquisition in less than a year after acquiring Hisa, a Kenyan startup that promotes social justice.Erick Asuma, the Co-founder…