Bringing finances closer to your reach in Africa
Some African countries have approved the cultivation of medicinal and industrial hemp while some are considering legalizing it. African countries that have approved to cultivate industrial and medicinal include Malawi, Zambia, Rwanda, Uganda, South Africa, …
Being a major economic activity in Africa, agriculture has created many job opportunities and improved people’s living standards. Agriculture contributes an average of 30%-60% of gross domestic product and around 30% of the value of …
Hemp has a wide range of industrial and medicinal uses. Its cultivation, processing, and distribution create job opportunities in various fields and lead to a country’s economic growth. Hemp farming in Africa has the potential …
Cannabis is a high-value economic crop, and several African countries have legalized its growth and use with the hope of growing their economies. Being relatively new, the cannabis industry is yet to be fully exploited, …
Rwanda is a new entrant into the multi-billion commercial cannabis industry in Africa, joining countries like Malawi, Zimbabwe, South Africa, Ghana, Uganda, Zambia, and Lesotho. The efforts to legalize medical marijuana in Rwanda started in …
Hemp was an illegal crop in South Africa but with pressure from local and international investors, the government finally legalized hemp farming under certain conditions. In a positive move to embrace hemp industry, the South …
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 …
Rwanda has become the latest African country to legalise the growing and trade in cannabis. The main objective of its legalisation is to diversify the economy by increasing the country’s exports. The use of cannabis …
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 …