Why Rwanda’s Trade Deficit Increased in 2022
Rwanda’s trade deficit widened 19.9% to over $2.3 billion from January to November 2022, up from $1.9 billion in the same period in 2021, according to official trade data from…
Kagera Trade Mission to Visit EAC
Kagera will send a delegation of 60 entrepreneurs to three East African Community (EAC) member states next month to look for opportunities in tourism, agriculture, trade and investment. The delegation…
Africa Finance Corporation Partners with the Solid Minerals Development Fund on Catalyzing Private Sector-Led Mining Projects in Nigeria
Challenges around development and finance mean that only a fraction of over US$700 billion of potential Nigerian mining projects receives the necessary funding, according to SMDF CAPE TOWN, South Africa,…
Nigerian government plans to improve food and nutrition security with a tractor rental program.
Izu Red Mary The ministry will buy 10,000 tractors to get the program off the ground, officials said. The Nigerian government launched a tractor rental scheme in Kaduna on Saturday…
Nine agribusiness ideas to consider in Africa in 2023
As the new year begins, it’s a great time to think about new opportunities in the African agro-food industry. This list of his nine possible ideas for 2023 is intended…
Deploying Smart Power in a range of industries
With Smart Power, ABB is a technology leader with solutions that make power supplies smart, connected and protected. With data-driven insights, the energy efficiency, reliability and management of electrical assets…
Energy revolution paves way for African mining
The global energy sector’s appetite for minerals – many of which can be sourced in Africa – is good news for the future of mining, and will no doubt be…
Gates Foundation Awards $35 Million to African Farmers
By Abdulkareem Mojeed The grant is to be used to develop self-fertilising crops for African farmers The Bill and Melinda Gates Foundation on Monday announced that a Cambridge University-led project…
Donors pledge $30 billion for Africa’s agriculture
KIGALI, Rwanda Africa’s development partners committed $30 billion Friday to agricultural development and food sovereignty on the continent during the next five years. The announcement came at the closure of…
AFEX Expands Operations To Uganda, Appoints Group CEO and Presidents
AFEX Expands Operations To Uganda, Appoints Group CEO and Presidents Africa’s leading commodities exchange to begin operations in Uganda, building on its success in Nigeria and Kenya, with new roles…