Author: Albert Nangara

Africa needs to reinvent its agricultural practices to help its people survive the impact of climate change.  Hydroponic farming has the potential to transform the output of agriculture in Africa. hydroponics can be used to grow a variety of crops, including fruits and vegetables, in a much shorter time frame than conventional farming.  Hydroponic farming has the potential to revolutionize agriculture in Africa and provide a sustainable, efficient method of food production for the continent. Hydroponic farming is a type of agriculture that does not use soil, but instead uses water with added nutrients to grow plants. This technology is…

Zambia relies heavily on imports from other countries to meet its fuel needs. This dependence on imports has led to fluctuations in pump prices and supply shocks. Angola, as a major oil producer in the region, has the potential to supply Zambia with the fuel it needs. Zambia has agreed to buy a stake in Angola’s Lobito refinery, which is currently under construction.   Zambia is planning to import fuel from its oil-producing neighbor Angola in an effort to lower pump prices and prevent supply shocks. The move comes as Zambia has agreed to buy a stake in Angola’s Lobito refinery,…

Idris Elba and Sabrina Dhowre Elba were honoured with the 2023 Crystal Award at the World Economic Forum in Davos for their leadership in advocating for poor small-scale farmers worldwide. The Crystal Award recognizes exceptional artists and cultural leaders whose contributions to society have made a tangible impact on improving the state of the world. As Goodwill Ambassadors for the United Nations’ International Fund for Agricultural Development (IFAD) since 2020, the Elbas have been vocal supporters of greater investment in agriculture and rural development, particularly in Africa, where severe weather events and conflicts have further impacted farmers’ ability to produce…

OK Zimbabwe, a supermarket chain, has acquired Food Lovers Market, giving it exclusive rights to the brand in Zimbabwe. The acquisition will improve the retailer’s position in the premium retail market, according to a statement from the company. “The company successfully concluded the acquisition of the assets and business of Talwant Investments trading as Food Lovers Market in Harare’s Borrowdale and Avondale as well as Bradfield, Bulawayo,” said company secretary Margaret Munyuru. The deal includes the assets and business of Food Lovers Market in several locations, including Harare and Bulawayo, but excludes the Greendale store. Manyuru said the transaction includes…

Cameroon exported 24,643 tons of bananas in December 2022 compared to 20,631 in 2021. According to the Cameroon Banana Association (ASSOBACAM) report, the sharp increase in banana exports in December 2022 is a result of the successful performances of Cameroon’s three main producers. Experts are racing against time to stop a new banana disease threatening banana plants in Africa.  The Cameroon Banana Association recently published data on the country’s banana exports. The data shows that the country exported 24,643 tonnes in December 2022, compared to 20,631 in the same period in 2021. This is an increase of 16.2 per cent…

Mushroom farming is quickly becoming one of the most lucrative agricultural activities in Africa. The continent is home to a wide variety of mushrooms, and the demand for these fungi is growing rapidly. In recent years, mushroom farming has become a major source of income for many African farmers, and the industry is expected to continue to grow in the coming years. What is mushroom farming and how can it be profitable in Africa? Mushroom farming is a relatively low-cost agricultural activity, and it can be done on a small scale. This makes it an attractive option for many African…

German-based biotech company BioNTech is set to acquire InstaDeep, founded by a Tunisian-born and U.K.-based artificial intelligence (AI) startup, for up to £562 million (US$680 million) in its largest deal yet. The Tunis and London-based enterprise AI startup uses advanced machine learning techniques to bring AI to applications within an enterprise environment. The startup has offices in Paris, Tunis, Lagos, Dubai and Cape Town. German pharmaceutical giant BioNTech announced it is acquiring Tunisian artificial intelligence start-up InstaDeep, in what is being hailed as a massive win for Africa’s tech ecosystem. The agreement is reportedly worth an estimated £582 million (US…

What if you could pay just a fraction of the cost of legal representation and you could get a lawyer who is not just experienced but also incredibly entertaining? And what if you could get this lawyer who is also a robot with a personality that is just as sharp as the best lawyer around? Robots are becoming more and more a part of our daily lives. From household appliances and security systems to self-driving cars and personal assistants, robots are making our lives easier. In the future, robots could be more common than humans–and even lawyers. In a ‘historic’…

A dividend is a portion of a company’s profits that is distributed to stockholders. The dividend dates include cum dividend date, ex-dividend date, the record date, and the dividend payment date. Knowledge about how and when dividends get disbursed helps ensure investors make informed decisions. Investing in stocks can offer investors a number of benefits, such as the potential for long-term capital appreciation, the ability to diversify their portfolios and the potential for dividend income. Capital appreciation is the increase in the value of an asset over time and stocks can generate long-term capital appreciation if held for the long…

Africa has always been seen as a continent with untapped potential in the gaming industry. The continent is a rapidly growing market in the global gaming industry driven by the growing availability of affordable mobile devices. Africa’s gaming market is poised for growth, and businesses that are able to capitalize on this opportunity will be very successful. Africa is one of the fastest-growing regions in the world, and the gaming market is no exception. The continent is home to a large population of gamers many of whom are looking for new and exciting gaming experiences. Africa is a rapidly growing…