Influx of affordable devices in Africa fuels adoption of 5G smartphones Published by Conrad Onyango on 13 September 2022 The number of 5G devices shipped to the continent rose significantly in the second quarter of 2022 as vendors intensified their battle to grow market share.
Business trip to Nigeria: Same old, plus a currency conundrum Published by Cavan Osborne on 12 September 2022 Cavan Osborne, a portfolio manager at Old Mutual Investment Group, shares his thoughts on Nigeria’s business environment.
E-commerce in Nigeria: Founder of Drinks.ng shares lessons learnt Published by James Torvaney on 5 September 2022 Lanre Akinlagun, founder of the online alcoholic beverages retailer, talks about how he started the business, why the real money is in wholesale and the thinking behind the company’s brick-and-mortar stores.
Wellness revolution creating demand for African superfoods Published by Jaco Maritz on 1 September 2022 As global consumers become more aware of their health, several African producers are ramping up production of crops like moringa, fonio, baobab fruit and teff.
What it takes to succeed in Nigeria’s demanding retail industry Published by Jaco Maritz on 24 August 2022 Charles Mwebeiha, managing director of private equity firm Sango Capital, discusses Nigeria’s retail environment and explains why his firm invested in grocery chain Marketsquare.
The case for investing in the digitalisation of Africa’s informal retail supply chains Published by Nikos Katsaounis and Chris Muscarella on 23 August 2022 After fintech, informal retail is turning into one of the hottest sectors in African tech. Nikos Katsaounis and Chris Muscarella, partners at Timon Capital, explain why they invested in B2B e-commerce start-up Omnibiz.
Linking farmers with tractors: The business model of Ghana’s TROTRO Tractor Published by Maureen Ihua-Maduenyi on 14 August 2022 “TROTRO Tractor is the Uber for tractors. We digitally connect people in the agriculture sector to farm implements and machines,” says CEO Emmanuel Ansah-Amprofi.
This NBA agent moved back to Nigeria to build a sportswear brand Published by James Torvaney on 11 August 2022 Founder of AFA Sports talks about market dynamics in the local sports and athleisure wear industry, and the company’s marketing strategy.
Nigerian entrepreneur trades Google job for African edtech start-up Published by Jaco Maritz on 6 August 2022 Ope Bukola, co-founder of online university Kibo School, discusses its business model, raising investment and the toughest part of building the company so far.
How this businessman built a commodity exchange in Nigeria Published by James Torvaney on 6 August 2022 Ayodeji Balogun, CEO of AFEX, talks about the company’s business model, the challenges it faced in establishing the platform, and trends within the commodity trading industry.
Nigeria: Start-up tackles rising food costs with bulk-buying platform Published by Prosper Africa on 2 August 2022 Pricepally allows people to buy produce and wholesale products directly from producers or local farmers.
Traditional Nigerian palm spirit drink goes upmarket Published by Tatenda Kanengoni on 28 July 2022 Ògógóró, which is distilled from fermented palm tree juice, has been in existence in Nigeria for decades. Two entrepreneurs have launched a premium version.
‘Real Nigerian food, but vegan’: Interview with plant-based meat CEO Published by Jaco Maritz on 21 July 2022 VeggieVictory, which recently raised funding from international investors, produces plant-based meat alternatives in Nigeria.
Nigerian entrepreneur turns electronic waste into rechargeable solar lanterns Published by Maureen Ihua-Maduenyi on 14 July 2022 The lack of electricity and the abundance of electronic waste gave one Nigerian entrepreneur the idea to build solar lanterns out of discarded televisions and computers.