Ethiopia’s inflation declines slightly to 32.50% in August
Note that this is the third consecutive monthly decline since May 2022. And it was aided by a slight improvement in the cost of food. In specific terms, Ethiopia’s food inflation declined to 33.2% compared to 35.5% in July. However, non-food inflation rose to 31.5% from 30.4%. Ethiopia’s inflation picked up pace in April 2022
E4Impact O-Farms Accelerator Program 2022 for Agri-circular Kenyan SMEs
Application Deadline: September 30, 2022 O-Farms is an African SME accelerator completely focused on circular agribusiness with the goal of making circularity a mainstream approach for improved rural livelihoods and sustainability. It is an initiative funded by the IKEA Foundation to help scale circular agribusiness innovations in East Africa. O-Farms, led by Bopinc and Village Capital, is focused on accelerating the next generation of innovative
‘Over 10,000 students in 40 Lagos schools are asthmatic’ — Nigeria — The Guardian Nigeria News – Nigeria and World News
Over 10,000 Lagos State students between the ages of 12 and 14 in 40 schools have asthma symptoms, an international study, which involved lungs doctors in six African countries, including Nigeria, Ghana, Malawi, South Africa, Uganda and Zimbabwe, has revealed. This was disclosed at the weekend during stakeholders and public engagement on Achieving Control of
Same old, plus a currency conundrum
Lagos, Nigeria By Cavan Osborne, portfolio manager, Old Mutual Investment Group (MacroSolutions) We have been back visiting countries around Africa since late 2021, after the forced Corona hiatus. Most recently it was the turn of Nigeria and Ghana. Daily flights between South Africa and Nigeria are a thing of the past, so we flew into
Nigerian Start-up Kippa Raises $8.4M In New Funding To Deepen Financial Services To SMEs
The Nigerian financial management and payment platform, Kippa has recently raised $8.4 million in a fresh round of seed funding to create financial services that will aid SMEs. Kippa is a simple app where small business owners can keep track of their daily income, create invoices and receipts, expense transactions, and manage their business inventory. Over
Massmart Looses in Nigeria, Sells Its Games Discount World Stores
Massmart Looses in Nigeria, Sells Its Games Discount World Stores Given currency volatility regarding its business and falling consumer demands, South African retail giant Massmart has sold its Games Discount World stores in Nigeria. Brand Spur Nigeria gathered that the assets were sold to the controlling shareholder of PricePointe Wholesale Club, an organization that operates
How Benny Afroe & Singah use playlists to reach fans across continents
Two Afropop artists use cross-continent marketing to expand their audience reach and streams. It’s a smart strategy that more artists need to explore. by Horus Music Rising African artists ‘Rockstar’ and ‘Moon Boy’ AKA Benny Afroe and Singah collaborated on recent track ‘You Know’, released at the beginning of July 2022. Seeking out marketing support from Horus Music Nigeria,
The Capital Quest | African startups NowNow, Bitmama, BusyMed, 5 Quarters get VC cheques
Six-year-old Nigerian fintech NowNow has raised $13 million in a seed funding round led by Dubai-based venture capital firm NeoVision Ventures, India-based DLF Family Office and Shadi Abdulhadi. NowNow, founded by Indian-origin executives Sahir Berry and Mahesh Nair, will use the money to roll out its services across Africa. NowNow started as a mobile wallet
GDP to sink in Ghana, South Africa and Nigeria without climate action, says report
If global temperatures continue to rise, and governments fail to meet their policy pledges, natural disasters will accelerate in Africa, hampering most countries’ economic growth, says Understanding Africa’s Climate Risks, a recent study by Oxford Economics Africa. Under the report’s “No Further Action” scenario – in which no climate adaptation or mitigation policies are implemented – countries with
New report on Africa’s creative and cultural industries finds youth admire creatives, but they won’t spend on their work | The Guardian Nigeria News
JOHANNESBURG, South Africa, 12 September 2022 -/African Media Agency(AMA)/- Africa’s youth love local films and admire creatives, but they don’t read books by African authors for pleasure or spend on creative products, according to the newly launched Africa’s Soft Power: Can Africa’s creativity transform the continent? report by Africa No Filter. The report interviewed 4500 people aged 18