Cashew industry drives NTEs growth to US$2.8bn

The Non-Traditional Exports (NTEs) of the economy have seen a 10 percent growth in 2018 – the highest in recent years and largely driven by the cashew industry’s performance, the Ghana Export Promotion Authority report has shown. The 2018 Non-Traditional Export statistics report indicates that more than US$2.8billion was realised last year, with the cashewContinue reading “Cashew industry drives NTEs growth to US$2.8bn”

Africa: Nigeria Retains Leadership of Africa’s Mobile Phone Market

Lagos — Nigeria has remained Africa’s largest smartphone market in Q2 2019 followed by South Africa and Egypt, the latest figures by International Data Corporation (IDC) has revealed. Nigeria and South Africa saw smartphone shipments increase 3.6 per cent and 0.2 per cent respectively, while Egypt had 18.0 per cent quarter-on-quarter (QoQ) growth after theContinue reading “Africa: Nigeria Retains Leadership of Africa’s Mobile Phone Market”

South African oranges storm world markets

South Africa’s flourishing fruit industry has increasingly made up a bigger proportion of the international trade, said the Bureau for Food and Agricultural Policy in its latest agricultural outlook for the period 2018 to 2028. One in every 10 oranges eaten around the world now comes from South Africa. Citrus, grapes and top fruits, inContinue reading “South African oranges storm world markets”

Akwaba to the Côte d’Ivoire tech ecosystem!

Between 15 and 20 April 2019, the GSMA Ecosystem Accelerator team, represented by Gregory Omondi and Maxime Bayen, was in Abidjan, Cote d’Ivoire, with two objectives in mind. Firstly, to work with two of our portfolio start-ups based locally. Secondly, to participate in the GSMA Mobile 360 West Africa Conference. The week also presented opportunities to engage withContinue reading “Akwaba to the Côte d’Ivoire tech ecosystem!”

Africa Mobile Money Market Forecast to 2024 with Profiles on Key Players: MTN, Orange, M-Pesa, Tigo-Pesa, and Airtel Money

Dublin, Aug. 26, 2019 (GLOBE NEWSWIRE) — The “Africa Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added toResearchAndMarkets.com’s offering. The Africa mobile money market reached a transaction value of US$ 200.5 Billion in 2018. Looking forward, the market is projected to reach a transaction value of US$ 1,011.3 Billion byContinue reading “Africa Mobile Money Market Forecast to 2024 with Profiles on Key Players: MTN, Orange, M-Pesa, Tigo-Pesa, and Airtel Money”

Exports special: Businesses adding value to arable products in global markets

In the final part of Farmers Guardian’s exports series, Alex Black and Ewan Pate look at businesses adding value to arable products in global markets. Global arable markets often focused on commodity trading of products including wheat, barley, oilseed rape and maize, but British exporters are taking advantage of markets for premium added value products. Scotch whisky has beenContinue reading “Exports special: Businesses adding value to arable products in global markets”

Vanilla Bean Market To Expand Fleetly Through 2018-2028

XploreMR has compiled a study on vanilla beans, which offers an analysis and forecast of the vanilla bean market, in its publication titled, ‘Vanilla Bean Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2027. This report on the vanilla bean market covers some of the vital facets that are key influencing factors on the demand and supplyContinue reading “Vanilla Bean Market To Expand Fleetly Through 2018-2028”

How Jumia claimed Africa

Jumia, Africa’s largest online retailer, was founded in 2012 by Sacha Poignonnec and Jeremy Hodara, who were both former employees of the American worldwide management consulting firm, McKinsey & Company. Jumia offers customers the ability to buy products online, like phones and shoes, as well as groceries, flights, food delivery, and offers bill paying and cellularContinue reading “How Jumia claimed Africa”

Norrsken opens East Africa startup fund and hub in Kigali

Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation — a co-working space and investment fund based in Stockholm — opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is located on the former École Belge campusand will begin with seedContinue reading “Norrsken opens East Africa startup fund and hub in Kigali”

Middle East & Africa lightning arrester market is projected to grow from $ 110 million in 2018 to $ 138 million by 2024

Middle East & Africa lightning arrester market is projected to grow from $ 110 million in 2018 to $ 138 million by 2024, exhibiting a CAGR of over 4% during 2019-2024, owing to increasing investments in smart grids and energy systems.Moreover, aging power infrastructure, technological advancements and rapid industrialization in MEA countries are expected to positively impact growth of the region’s lightningContinue reading “Middle East & Africa lightning arrester market is projected to grow from $ 110 million in 2018 to $ 138 million by 2024”