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, …
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 …
Similar to other regions within Africa, the East Africa community has experienced a revolution of mobile money. In fact, the existing mobile money accounts in the area have surpassed those of conventional banks. This upsurge …
Basic income is an initiative that aims at providing universal and unconditional cash transfers to people. Universal Basic Income is not like a relief since people can use the money as they would wish. It …
Mobile money was introduced in Uganda in 2009. It is among the fastest-growing industries in Uganda. Most countries are moving towards cashless transactions making mobile money one of the profitable businesses. Some of the money …
Companies in Uganda can now start growing and exporting marijuana for medicinal use. This is after the Ministry of Health gave guidelines for the growing and exportation of marijuana. Uganda has joined the list of …
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 …
The Internet has given a space for African sellers to conduct their businesses on online marketplaces. There are several online platforms in Africa that assist sellers increase their customer base and sales by going virtual. …
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 …
Uganda is an East African country that has many great business potential in various sectors. One of the areas that should be of interest to entrepreneurs and SMEs in Uganda is public procurement. In this …
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 …
There are many investment opportunities in Uganda for anyone who wants to grow his money. Apart from a savings account, there are many places where you can grow your money and make significant profits. Some …
In Africa, small business sector makes a significant contribution to poverty reduction and economic growth. Securing loans to grow your business can be tricky since banks are not always willing to lend to young companies …
Businesses flourish in Uganda, and many people are currently starting their own companies. Company or business registration is essential when starting a business. A business can function without formal registration, but it is sure to …
Africa is a continent that has high economic potential due to its favourable climate for agriculture, abundant natural resources, wildlife, improved macroeconomic policies etc. It is undoubtedly an ideal spot for investment. It may be …