Mastercard has announced the winners of its second edition of the Women SME Leaders Awards at a virtual ceremony, celebrating the achievements of women-led businesses in 22 categories across multiple industry sectors in Eastern Europe, the Middle East and Africa. Launched in 2022 in collaboration with Entrepreneur Middle East, the Mastercard Women SME Leaders Awards …
Betway empowers Lagos entrepreneurs with specialised kiosks and financial management training
Nigeria’s premium online and gaming brand, Betway, is making a significant impact on the lives of entrepreneurs and small business owners in Lagos. The brand has announced its support for 10 Fintech point of sale (POS) operators in the city with solar-powered kiosks to aid their businesses. This is part of the company’s commitment to …
Weekly Economic Index: Nigeria’s debt reduction plan, a new blockchain policy, and Kenya’s crypto tax.
A debt dilemma: Bonding over borrowing costs? Last week, Nigeria agreed to convert $4.9 billion of debt owed to the central bank into bonds as part of its plan to reduce the country’s debt burden. The move is expected to free up funds for infrastructure investment and help lower the government’s borrowing costs. The debt …
Funmi Tuoyo went from one nutty idea to a coconut village
If you thought coconuts were only good for sipping on a tropical beach, think again. Coconuts are one of the most versatile fruits in the world. There’s even a myth about coconut water being a substitute for blood plasma that started in the 1900s. In the twisted theory, it is said that coconut water has …
Nadia Gamal El-Din, an African business hero empowering mothers across North Africa.
Motherhood is a profession as old as creation. But many parts of the world still undervalue its strength today. In Egypt, for example, birth rates have been falling for years. As of 2020, there were approximately 23 births per 1000 people in a year. You might draw a straight line between this fact and how up …
Food systems innovations to lower methane emissions in livestock, waste, and rice cultivation.
Agriculture has been a fundamental aspect of human civilization since ancient times, playing a critical role in providing food and other essential resources necessary for human survival. The sector has been a driver of economic growth, food security and employment for many people, particularly in developing countries, where a significant portion of the population relies …
Kenya is scaling digitisation with QR Code offerings. What you should know.
On Wednesday, May 3, the Central Bank of Kenya (CBK) launched the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023; or the Standard) to accelerate digital payment solutions for merchants and consumers nationwide. This latest policy will guide how payment service providers and banks regulated by the CBK issue Quick Response (QR) Codes to …
Locally Produced Indomie Instant Noodles is Safe for Consumption – NAFDAC
The National Agency for Food and Drug Administration and Control (NAFDAC) has confirmed that locally produced Indomie Instant Noodles in Nigeria is safe for consumption while refuting reports making the rounds online that it has banned the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye. …
Growing Your Business Beyond Its First Million
It’s a significant achievement when your business makes its first million in revenue. Are you a business owner on track to reach your first million and wondering how to take your company to the next level? This business blog post will explore some proven strategies for growing your business beyond this significant milestone so you …
How To Develop A Clear Growth Strategy For Your Small Business
In today’s competitive landscape, small businesses should find ways to maintain an edge against the competition. One is to develop a clear growth strategy to help your business grow in no time. Having a solid one ensures an unobstructed path to success. Understanding Growth Strategy A growth strategy or growth plan serves as a guideline …