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 …
Agriculture
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AfricaAgricultureBusiness and EconomyCorporate GovernanceLabourNews
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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 …
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Illovo Sugar Malawi Plc, one of the country’s largest companies, has secured shareholder approval to borrow $45 million from its majority shareholder, Sucoma Holdings Limited, in a move designed to …
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The Speaker of the Ekiti State House of Assembly, Adeoye Aribasoye, has restated the commitment of the Assembly to advancing agribusiness in the state, describing agriculture as the foundation for …
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AFRICA NEWSAgricultureCommunity DevelopmentDevelopmentEconomyFood Security
Goma Farmers Turn Volcanic soil into Hope Amid Conflict
Goma, a city in the eastern Democratic Republic of Congo, is better known in international news for armed conflict than for the daily lives of its residents. Yet, behind the …
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AgricultureBusiness and EconomyDevelopmentEnvironmentWomen Empowerment
Uganda Launches Women Green Empowerment Project
Uganda has rolled out a new women empowerment programme designed to support village-level businesses that are contributing to the green economy. The Women’s Economic Empowerment for the Green Transformation Project …
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AgricultureBusinessEconomyFinanceInnovationStartupsUrban Development
FCMB, Dutch Bank Launch N20m AgriTech Investment Readiness Programme 2025
First City Monument Bank (FCMB) has joined forces with the Dutch Entrepreneurial Development Bank, FMO, to launch the FCMB–FMO AgriTech Investment Readiness Programme 2025, a new initiative aimed at boosting …