The Bank of Ghana is forecasting a supply deficit for the cocoa market in the ongoing 2021/22 season with cocoa prices forecast to average about $2,450 in 2022, before increasing …
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- AfricaAFRICA NEWSAgricultureBusinessFood ProductionGhanaNewsOil & GasWestern Africa
- AfricaAFRICA NEWSAgricultureBusinessFood ProductionGhanaNewsWestern Africa
MEDA, GSA partner to launch Code of Practice for Ghana’s cashew industry
The Mennonite Economic Development Associates (MEDA) which is implementing the Farmers’ Economic Advancement Through Seedlings (FEATS) Project has developed a Code of Practice for Cashew Planting Material Production in collaboration …
- AfricaAFRICA NEWSBusinessINVESTMENTNewsNigeriaTechnologyWestern Africa
SFS Capital launches Fund Mobile App
SFS Capital, a leading investment management in Nigeria has launched the SFS Fund Mobile App to enable individuals start their Mutual Fund investment journey with ease. The SFS Fund Mobile …
- AfricaAFRICA NEWSBusinessGhanaInsuranceNewsWestern Africa
Coronation Insurance Ghana launches marine insurance e-portal for importers
Coronation Insurance Ghana Ltd, a leading insurance company offering diverse range of services covering general and special risk businesses, has launched a special electronic portal to facilitate the purchase of …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
Maersk Group invests $500M in Egypt’s Suez Canal
The Suez Canal Authority signed a cooperation agreement with the global Maersk Group, which includes investing $500 million to operate a new container berth in the canal. The authority stated …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaTechnology
Egyptian Food-tech startup, BONBELL, raises $350k in initial funding round
Egyptian food ordering technology startup BONBELL has secured $350,000 in an initial funding round through a Canadian angel investor for the App services development and boosting the numbers of users …
- AfricaAFRICA NEWSBuildingBusinessEgyptNewsNorthern Africa
Mogamma El Tahrir to turn into $200M Cairo House Hotel
The Sovereign Fund of Egypt (TSFE) entered into an agreement with a group of companies and an Egyptian-American consortium to transform Mogamma El Tahrir, a government building into a luxury …
- AfricaAFRICA NEWSAgricultureBusinessEconomyFood ProductionNewsNigeriaWestern Africa
Nigeria incurs N3.5tn post-harvest loses annually, says Minister
The Federal Government of Nigeria on Thursday put the economic cost of post-harvest losses at N3.5 trillion annually in the Agricultural sector. The Minister of State for Agriculture and Rural …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
Seplat denies ExxonMobil deal cancellation, says they have not received notification
Seplat Energy, on Thursday, said it had not received any official notification from the Federal Government of Nigeria reversing its proposed acquisition of the entire share capital of Mobil Producing …
- AfricaAFRICA NEWSBusinessHospitality, Travel & TourismINVESTMENTNewsNigeriaWestern Africa
FGN seeks $400m private investment to complete millennium tower
The Federal Government of Nigeria has called on private investors particularly art lovers to join hands on the completion of the Millennium Tower and Cultural Centre (MTCC). The call was …