Bringing finances closer to your reach in Africa
Many African countries have legalized growing and the use of cannabis to help them get out of poverty. Many African countries anticipate exporting hemp and growing their economies. Among the countries that have legalized the …
Malawi relies heavily on tobacco as the major foreign exchange earner in the country. However, with the raging international anti-smoking laws championed by the United Nations, tobacco demand has declined over the years. The decline …
Nigeria is a country of many opportunities, including several highly lucrative small scale businesses that entrepreneurs can try out. Small-scale businesses require little capital to start but have great potential to grow and improve a …
The mobile money business in Zambia has created many employment opportunities as it does not require any specialized knowledge to run. You will only need to have startup capital, register your business, and get the …
The Federal Executive Council (FEC) approved the Nigerian Youth Investment Fund (NYIF) establishment on July 22, 2020. The scheme aims to boost the country’s economy by offering investment funds to young entrepreneurs. It is like …
The hemp farming business is highly lucrative, but the African hemp market remains underdeveloped due to poor public policy, legal obtacles, the cultural stigma surrounding the plant, and political instability. Even with the majority of …
Fashion is a popular style, especially in clothing, accessories, hairstyles, makeup, footwear, and lifestyle. The fashion industry is highly competitive all over the globe, but full of many business segments. You can choose to deal …
A clothing line is a collection of clothing that a company produces in a particular season, while a brand is the personality of a business. The first rule of starting your successful clothing line is …
The Patents and Companies Registration Agency (PACRA) is an agency under the Ministry of Commerce, Trade and Industry in Zambia. It was established under the Patents and Companies Registration Agency Act No. 15 of 2010. …
A business tender is an offer to work or supply goods at an agreed fixed price. The tender process is essential in ensuring that the work agreed upon is given out fairly. Tenders in South …
Sub-Saharan Africa has the highest rate of entrepreneurship globally, with most entrepreneurs being women. Despite this development, women-owned businesses often face growth challenges due to limited access to finances, exclusion from critical social networks, labour …
Before internet-enabled mobile phones, the internet café (cybercafé) business was a gem in the late 1990s and early 2000s in Africa. Those who joined the business when the internet first reached Africa made massive profits. …
The growing popularity of drones (unmanned aerial vehicles) has given excellent business ideas to entrepreneurs globally. The advancement in technology and the stiff competition between drone manufacturers have led to the falling of drone prices, …
Entrepreneurship in African countries greatly contributes to economic development and sustainability since it creates more jobs. Thus, African governments are formulating significant initiatives and policies for the development of entrepreneurship. The following are government measures …
Botswana has a fast-growing economy with several business opportunities for startup entrepreneurs. Starting a business in Botswana is convenient for fresh graduates seeking employment, entrepreneurs desiring to be self-employed, and the employed who want an …