#TimeForTravel: South Africa to open for international travel from 1 October – The Moodie Davitt Report
While “a crisis like no other” (in the words of the International Monetary Fund) rages, it is important to identify and highlight the sectors of the aviation, tourism and travel retail business that are beginning more rapidly to recover. In this column, we bring you regular updates about how airports, airlines, travel retailers and brands […]
Fan milk, Danone Africa partner Ogun government on local dairy production
Fan milk, Danone Africa partner Ogun government on local dairy production … Nigeria and in sister companies across West Africa, namely in Ghana, Togo, Benin … “Our objective is to ensure that we partner with local dairy farmers in …
MICROCAPITAL BRIEF: Retail Capital Raises $6.8m for Merchant Cash Advances to SMEs in South Africa
Retail Capital, a provider of cash advances and asset financing to small businesses in South Africa, recently signed on to a credit line of ZAR 110 million (USD 6.8 million) arranged from an unspecified international investor by Verdant Capital, a Mauritius-based corporate finance firm. Verdant Capital reports that, since the COVID-19 pandemic, about 90 percent […]
Ghana’s economy contracts 3.2% in second-quarter of 2020
Prof. Samuel Kobina Annim (right) addressing the media on second quarter GDP and monthly producer price index in Accra. Picture: Patrick Dickson Ghana’s economy contracted by 3.2 per cent in the second quarter of 2020, compared to the same period in 2019, according to data released by the Ghana Statistical Service (GSS). This compares favourably […]
Foreigners ‘live in constant fear’ in South Africa : HRW
Foreign nationals in South Africa suffer “routine” harassment, violence and discrimination by locals and government authorities, Human Rights Watch (HRW) said on Thursday. The group said xenophobia remained widespread in South Africa despite a government action plan rolled out in May 2019 to combat “intolerance”. Foreign workers are often victims of anti-immigrant sentiment in South […]
Human Capital Index: Ghana ranks 130 in the world
Ghana is ranked one hundred and thirty in the 2020 World Bank Human Capital Index. The country made little gains in the index which has been extended to cover 174 countries. According to the report, the government used data to effectively re-target school feeding efforts under the Ghana School Feeding Program (GSFP) after it found […]
PAPE Fund 3 acquires 45% equity in DDS Group of Companies
Midcap South African private equity fund PAPE Fund 3 has successfully acquired 45% of the equity in the DDS Group of Companies, an African beverage dispensing and refrigeration services provider. The DDS Group of Companies provide beverage dispensing and refrigeration services on behalf of the multinational distributors, by the servicing of draught beer installations and […]
AVILA NATURALLE: Inspiring a Healthier and Happier World through Natural Products – Press Release
ABUJA, NIGERIA / ACCESSWIRE / September 15, 2020 / Mrs. Temitope Mayegun is the CEO of Avila Naturalle Ltd, manufacturer of natural body care, foods and household brands, which combine a dynamic distribution network with a retail strategy as well as e-commerce with focus on encouraging the usage of natural, safe and quality products. In […]
Generation Africa Announces Two Grand Prize Winners Of US$100,000 GoGettaz Agripreneur 2020 – Taarifa Rwanda
The two winners of the 2020 GoGettaz Agripreneur Prize were announced this evening at the Africa Green Revolution Forum Virtual Summit in Rwanda: Moses Katala co-founder and CEO of Magofarm Limited (Tanzania) and Daniella Kwayu co-founder and CEO of Phema Agri (Tanzania). Each winner will receive US$50,000 to support and expand their agribusiness operations. Part […]
Challenges and Prospects of SMEs and Entrepreneurship in Africa
With a high market value and uses in cooking and cosmetics, Shea butter has become known as Burkina’s gold. By training groups of entrepreneurs in the best processing methods and how best to sell their end product, TREE AID is turning an everyday tree product into meals, medicines and schooling. Photo: Tree Aid via a […]