Linking Nigerian farmers with buyers: Start-up taps into ‘massive opportunity’ Published by Jaco Maritz on 28 September 2022 We talk to the co-founders of Zowasel about why running a digital commodities marketplace required it to set up shop throughout rural Nigeria.
Nigeria is producing less and less oil. Here’s why Published by Wale Fatade on 27 September 2022 Nigeria’s oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per day (bpd) in August 2022.
Commercial ties between Africa and Singapore have never been stronger Published by Alec Macfarlane on 19 September 2022 From agribusiness to financial services, there are now more than 100 Singaporean companies in Africa.
A smoothie business in Nigeria: Entrepreneur shares her journey Published by Jeanette Clark on 19 September 2022 Olubunmi Otufowora started out by selling smoothies to her office colleagues. These days Boomsky Smoothies products are available at several fast-food restaurants and supermarkets in Lagos.
Nigeria: Entrepreneur sees opportunity in off-grid freezers Published by Jaco Maritz on 15 September 2022 Koolboks provides small businesses in Nigeria and beyond with solar-powered cold storage solutions.
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.