LAGOS (Reuters) – When Loveth Metiboba’s baby had diarrhoea, she worried that taking him to a clinic near her home in Nigeria’s capital, Abuja, might expose them both to the coronavirus. “The idea of going to the clinic was very scary,” said Metiboba, a researcher for a charity. Instead, the
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DHL’s Saloodo! partners AfricaPLC to grow intra-African and global trade
Saloodo! will be the first logistics partner to provide digital road freight solutions on the AfricaPLC e-trade marketplace AfricaPLC assists to digitize African SMEs, so they can participate in and support the African Continental Free Trade Area (AfCFTA) The partnership expects to expand across the continent by early 2021 Johannesburg,
Civil Aviation Ministry asks Pharmexcil to provide data on expected export loads to Africa market
With an aim to facilitate services to the Africa region and aid pharma exports, the Civil Aviation Ministry has asked the Pharmaceutical Export Promotion Council (Pharmexcil) to present the industry’s proposed export loads to the Africa market. It is also planning to discuss the issue with government authorities and industry
Foodco expands apparel and personal Care business to support local industries
In a bid to support local industries, Foodco Nigeria Limited, a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment, has announced the expansion of its personal care and apparel lines with new products from leading Nigerian and global brands. Ayotunde Azeez Ositunga, Senior Manager,
Construction of Dangote oil refinery Africa’s largest nears completion
Dangote oil Refinery, which is expected to be Africa’s largest oil refinery and the world’s biggest single-train facility upon completion, is set to be operational early next year. This was reported by Devakumar Edwin who is the Dangote Industries Executive Director. Mr. Edwin said that they had initially planned to complete the
Will Africa remain one of the world’s fastest-growing consumer markets?
Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world [1], with household consumption growing even faster than gross domestic product (GDP) in recent years and annual GDP growth consistently overtaking the global average [2]. It was predicted that, by 2030, the largest
Africa’s Mergers and Acquisitions gain momentum during COVID19
On the 10th of July 2020, Helios Holdings Limited announced a merger with Fairfax Africa Holdings Corporation to form Helios Fairfax Partners Corporation – a pan Africa focused alternative investment manager. On the same day, Eversend, an African fintech startup also announced over a $1M raise through crowdfunding. Prior to that
