Nigeria is losing about 400,000 hectares of forest every year to unchecked deforestation, a development that charcoal industry stakeholders say threatens both the sector and the country’s environmental commitments. The …
Agriculture
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AgricultureClimate ChangeEconomyEnvironmentGovernanceTrade
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AgricultureBusinessEconomyManufacturing
Flour Mills of Nigeria Reaffirms Commitment to Food Security and Local Content
Flour Mills of Nigeria Plc (FMN) has restated its commitment to supporting food security in Nigeria and driving local content development through sustained investments in agriculture and agro-allied industries. The …
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AgricultureBusinessEconomyGovernment PolicyTrade
Trade Group Seeks Transition Plan Before Shea Nut Export Ban
The Alliance for Economic Research and Ethics has urged the Federal Government to create a clear transition plan and consult widely with stakeholders before going ahead with its ban on …
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AgricultureAviationBusinessDiplomacyEconomyTechnology
Air Peace to Begin Direct Lagos–São Paulo Flights as Nigeria, Brazil Seal Bilateral Deals
Nigeria and Brazil have taken a new step to strengthen relations with the announcement of a direct flight service between Lagos and São Paulo. The service, which will be operated …
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AgricultureBusiness and EconomyLawPoliticsReal Estate
Zimbabwe Court Evicts Kapungu in Windmill Land Dispute
The High Court of Zimbabwe has ordered the eviction of businessman Taremedzwa Kapungu, his agents, employees, and all persons linked to him, from a 65.24-hectare land belonging to Windmill (Private) …
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AfricaAgricultureBusiness and EconomyCorporate GovernanceLabourNews
LFM Announces Fresh Round of Layoffs
Lesotho’s oldest milling company, Lesotho Flour Mills (LFM), is once again in the spotlight for the wrong reasons after management informed staff of fresh retrenchment plans that could see about …
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AgricultureDevelopmentEducationInnovation
Yabatech Wins €117,000 EU Grant for Aquaponics Research to Boost Food Security
Yaba College of Technology (Yabatech), Lagos, has secured a research grant of €117,000, valued at over ₦200 million, from the European Union’s Horizon Europe programme to advance innovation in food …
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African EconomyAgricultureBankingBusiness InsightsDevelopment
Pride Bank launches Sacco, Investment Club loans in Uganda
Pride Bank Limited has introduced a new Sacco and Investment Club product that promises to boost savings groups and investment clubs in Uganda by giving them easier access to credit. …
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AgricultureBusinessEconomyEmploymentManufacturingTrade
PepsiCo Partners DP World, Invests $20m in New Chips Plant to Boost Local Sourcing in Nigeria
PepsiCo, the multinational food and beverage giant, has deepened its presence in Nigeria with the unveiling of a new snack production plant through a strategic partnership with global logistics company …
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AgricultureEastern AfricaEconomyFinanceInflationMonetary Policy
Rwanda Central Bank Raises Key Interest Rate to Tackle Rising Inflation
The National Bank of Rwanda has raised its key repo rate by 25 basis points to 6.75 percent as the country battles rising inflation that is putting pressure on the …