Business Ideas For African Market

Africa is a highly resourceful continent with a great return on investments if you can be able to strategise and tap into the huge market. With a population that is almost equal to 1 billion people, your market cannot be bigger. The problem, however, being faced by a lot of people is knowing the right African business idea to invest in. It may be a bit more challenging for those who may not fully understand the African market to invest in...

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Ghana: The Automotive Hub of West Africa

With the imminent ablishment of trade barriers under the African Continental Free Trade Area (AfCFTA), Ghana is poised to overtake Nigeria by becoming a gateway to the rest of West Africa, and a market leader in new car sales. The government of Ghana is also offering 10-year tax breaks to the automotive manufacturing industry in a bid to make Ghana the regional hub for car assembly and boost car sales in the local and regional...

Automobiles Sector, West Africa Read more...

Google Shopping In Nigeria

Google will launch Shopping Ads in Nigeria to make it easier and faster for shoppers to find and purchase products online, while also improving their transaction experiences.
“We are excited to be launching Shopping ads in Nigeria. Shopping ads include photos and prices to help consumers find the products they are looking for and enable advertisers to reach consumers who are looking to buy,” reads a statement by the...

Media, West Africa Read more...

Nigeria Uses Drones For Delivery

Nigerian-based medical logistics startup, LifeBank will be adding drone delivery to its methods of transportation. The company is the first African-led company to implement Beyond Visual Line Of Sight (BVLOS) flights for healthcare logistics. Unlike Visual Line Of Sight (VLOS) flights where the pilot has to see their unmanned aerial vehicles (UAVs) or drones at every time, for BVLOS, drones can go beyond the sight of the pilot without human...

West Africa Read more...

Uganda Starts Manufacturing Mobile Phones

The Ugandan government recently launched a mobile phone and computer manufacturing plant in the Namanve Industrial Park. Heralded as a turning point in positive foreign direct investment, this move would also drastically reduce the cost of importation of technology and ensure job creation opportunities for Ugandans. The factory built by Chinese Electronics firm ENGO Holdings Limited will produce 2,000 mobile phones, 1,500 Smart phones and 800...

East Africa Read more...

Ethiopia to export water to UK

Garanba Bottling, a subsidiary of B&C Aluminum Plc that bottles South Spring Water in Ethiopia, has signed a deal with a UK-based company to export US$1m worth of bottled water to the United Kingdom. Garanba Bottling was established with an investment of US$12.5million in Aregobena Wereda of Sidama Zone. It operates with 310 employees and has the capacity to produce 16,000 bottles of water an hour. According to media reports,...

East Africa Read more...

Tanzania among top 10 fastest-growing economies

Tanzania has earned the distinction of being among the world's 10 fastest-growing economies. The east African nation grew at the rate of 6.8 per cent, according to the 2020 African Economic Outlook report. Other five African countries that have been making impressive growths are Rwanda (8.7 per cent), Ethiopia (7.4 per cent), Côte d'Ivoire (7.4 per cent), Ghana (7.1 per cent) and Benin 6.7 per cent. Not only did Tanzania...

Business Outlook, East Africa Read more...

Kenyan food manufacturer Ariel Foods expands in West Africa

Ariel Foods, a renowned Kenyan therapeutic foods manufacturer famous for its food supplements for malnourished people worldwide is expandeding its operations in West Africa through its base in Nigeria seeking. The food company aims to tap into the wider West African market through its operations in Nigeria. Insta’s therapeutic foods are a high calorie combination of peanut paste, sugar, oil and milk powder which is fortified with 23...

Foodstuff & Beverages, West Africa Read more...