Commerce Archives - 1st Afrika

Unlocking South Africa’s Agricultural Potential: Strategies for Capitalizing on China’s Expanding Market

Eniola OladeleJanuary 24, 2025

by Eniola OladeleJanuary 24, 202501

South Africa’s agricultural sector holds immense promise, and as the global demand for food and natural products continues to grow, the country is well-positioned to...

Zimbabwean Farmers Urged to Tap Into China’s Growing Fruit Import Market

Eniola OladeleDecember 31, 2024

by Eniola OladeleDecember 31, 2024032

Zimbabwe’s agriculture sector is being encouraged to explore new export opportunities, particularly in China’s expanding fruit import market. As China’s demand for fresh produce continues...

Africa Agriculture

Egypt and Jordan’s Agriculture Ministers Conclude Joint Committee Talks with Strategic Agreements

Eniola OladeleDecember 28, 2024

by Eniola OladeleDecember 28, 2024034

Egypt’s Minister of Agriculture and Land Reclamation, El-Sayed El-Quseir, and his Jordanian counterpart, Khaled Hneifat, have presided over the closing session of the Egyptian-Jordanian Joint...

Africa Agriculture ECONOMY

KTDA Announces Record-High Dividends for Tea Farmers

Eniola OladeleDecember 17, 2024

by Eniola OladeleDecember 17, 2024045

The Kenya Tea Development Agency (KTDA) has declared the highest dividends in its history, bringing relief and optimism to tea farmers across the country. This...

Africa Agriculture

Kenyan Farmers to Bear Costs for Cattle Vaccination as Government Estimates KSh 3.95 Billion Requirement

Eniola OladeleDecember 17, 2024

by Eniola OladeleDecember 17, 2024053

The Kenyan government has announced that farmers will need to shoulder the cost of cattle vaccinations, with the total estimated cost reaching KSh 3.95 billion....

Africa Agriculture

Minbos Secures $12M Funding for Cabinda Phosphate Fertilizer Project

Eniola OladeleDecember 6, 2024December 6, 2024

by Eniola OladeleDecember 6, 2024December 6, 2024053

Minbos Resources has finalized a US$12 million funding package to advance its flagship Cabinda Phosphate Fertilizer Project in Angola. The agreement marks a crucial step...

Africa Agriculture

Zimbabwe Farmers Turn to Maggots as a Survival Strategy Amid Drought

Eniola OladeleDecember 2, 2024

by Eniola OladeleDecember 2, 2024049

As drought continues to devastate Zimbabwe’s agricultural sector, farmers are turning to an unexpected solution: maggots. The country’s ongoing food insecurity and lack of water...

Africa Agriculture

Zimbabwe to Compensate White Farmers with R6 Billion in Bonds

Eniola OladeleNovember 25, 2024

by Eniola OladeleNovember 25, 2024056

Zimbabwe has announced plans to compensate white farmers who were forcibly removed from their land during the country’s controversial land reform program in the early...

Africa Agriculture International News

Agricultural Experts Push to Enhance Smallholder Farmers’ Production

Eniola OladeleOctober 28, 2024October 28, 2024

by Eniola OladeleOctober 28, 2024October 28, 20240118

Agricultural experts are increasingly focusing on enhancing the productivity of smallholder farmers, who form the backbone of agricultural production in many developing regions. These farmers,...

AFRIKA HERALD Commerce ECONOMY International News The Afrika Market

Lunching Soon: “PAYDSECURE” Payment

Jide AdesinaOctober 7, 2024October 7, 2024

by Jide AdesinaOctober 7, 2024October 7, 20240193

PayDsecure is an innovative digital payment solution that offers a secure and streamlined way to facilitate online money transfers. It integrates a digital card, wallet...

Africa Commerce TECHNOLOGY

E-Commerce Boom in Africa: Driving Growth and Transforming Retail in 2024

Eniola OladeleSeptember 12, 2024September 15, 2024

by Eniola OladeleSeptember 12, 2024September 15, 20240256

Africa’s e-commerce sector is experiencing a surge in growth, positioning itself as a transformative force in the continent’s retail landscape. Fueled by...

Africa Agriculture

Gates Foundation Awards Sh1 Billion to Boost Tanzania’s Horticulture Sector

Jide AdesinaSeptember 2, 2024

by Jide AdesinaSeptember 2, 20240233

Key Points to Know: This initiative marks the Gates Foundation’s first venture into Tanzania’s horticultural sector, focusing on the Arusha and Kilimanjaro regions. Arusha –...

Africa Commerce

Gold Rush: Ghana Opens New Mines to Increase Production!

Jide AdesinaAugust 30, 2024

by Jide AdesinaAugust 30, 20240218

Ghana is poised to strengthen its status as Africa’s top gold producer with the commissioning of its first large-scale greenfield mine in over a decade....

Africa Commerce

Burkina Faso Makes Bold Move: Acquires Boungou and Wahgnion Gold Mines

Jide AdesinaAugust 27, 2024

by Jide AdesinaAugust 27, 20240190

The recent acquisition of mining assets marks a significant development following a series of agreements between the Minister of Economy and representatives from the involved...

Africa Agriculture

Farm Workers Brave Rain and Wind to Demand Pesticide Ban

Jide AdesinaAugust 27, 2024

by Jide AdesinaAugust 27, 20240207

More than 150 farm workers, predominantly women, along with their supporters, braved severe winds and heavy rain on Tuesday as they marched through Cape Town,...

Africa Commerce ECONOMY

African Farmer Thrives with China’s Juncao Tech Boost

Jide AdesinaAugust 22, 2024

by Jide AdesinaAugust 22, 20240208

After graduating from university in 2017, Nyambo Obed from Rwanda found a new path in agriculture thanks to Chinese farming technology. Initially unemployed, Obed took...

BUSINESS Commerce

81% of Ghana’s Cocoa Crop Hit by Devastating Bean Disease

Jide AdesinaJuly 25, 2024July 25, 2024

by Jide AdesinaJuly 25, 2024July 25, 20240284

In a devastating blow to one of Ghana’s most crucial industries, recent reports reveal that 81% of the country’s cocoa harvest is infested with a...

Commerce

New EU Aid and Investment in Egypt Linked to Migration Control

Jide AdesinaJuly 3, 2024

by Jide AdesinaJuly 3, 20240257

On June 29, over 1,000 participants, including a high-level European Union delegation led by Commission President Ursula von der Leyen, descended on Cairo for a...

Blog Commerce

Social Media Mastery for African Listed Companies: 10 Rules You Can’t Ignore

Jide AdesinaJuly 1, 2024July 1, 2024

by Jide AdesinaJuly 1, 2024July 1, 20240236

In the dynamic landscape of social media, adherence to ground rules is paramount, particularly for CEOs of listed companies in Africa. These 10 suggestions offer...

Commerce

TotalEnergies Launches Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant

Jide AdesinaJune 21, 2024

by Jide AdesinaJune 21, 20240294

TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corp. Ltd (NNPCL, 60%), have taken...

Newsletter