Trending
- Nigeria inflation cools in August, but analysts warn dip could be short-lived
- Africa’s race against time: Why climate adaptation can’t wait
- Fertilizer giant OCP Group and IFC sign $108M deal to tackle Morocco’s water crisis
- Why Ghana’s new-look $60M Jamestown Fishing Port is catalyst for jobs growth
- Unleash your creativity: UAE Engineering Award welcomes innovators
- China’s 6,000-troop training program in Africa: What’s the real agenda?
- How FOCAC 2024 paved the way for deeper China-Africa collaboration
- TAZARA reborn: China, Tanzania sign landmark railway revamp agreement
Entrepreneurship
CBDfx CBD capsules have become increasingly available and popular in recent times, enabling consumers to easily insert cannabidiol into their wellness routines. Amongst the many purchasing options available, online markets have gained prominence. However, why are these digital spaces the trend for CBD capsule buyers? Besides just for convenience, other fascinating aspects make online marketplaces outstanding in this emerging trade. This article will explain why more people are buying CBD Capsules online than ever before.
Here’s Why Online Marketplaces Are The Best To Buy CBD Capsules
Convenience
Online marketplaces are the best places to buy CBD capsules because of their convenience. With a lot of freedom, clients can shop from different brands and do not have to leave home comparing costs, reading reviews, examining product details, and many other things. Most of these platforms provide detailed descriptions and user feedback, which help buyers make informed decisions.
Besides, online marketplaces …
- Analysts have termed Central Africa as a sleeping Giant, yet to awaken as the region recorded the least funding for startups in 2022.
- In 2022, Central Africa was by far the region where start-ups raised the least funding through deals worth $100,000 and over with a total of $51 million according to the latest report by The Big Deal.
- While the region represented only 1.1 percent of the funding raised on the continent, Year on Year growth was commendable, as start-ups raised more than double the amount that had been raised in 2021 ($24 million).
Analysts have termed Central Africa a sleeping giant, yet to awaken as the region recorded the least funding for startups in 2022.
Max Cuvellier from The Big Deal says there is a huge potential in the region despite the depressed numbers.
“This is not to say that there isn’t talent or potential in the DRC, …
In the latest fundraising led by B Capital Group, Flutterwave raised US$250 million, with participation from Alta Park Capital LP, Whale Rock Capital and Lux Capital.
Flutterwave said in an emailed statement on Wednesday. “The investment has enabled the company to become the highest valued African startup,” a Flutterwave email read.
Flutterwave has processed transactions worth more than US$16 million in over 50 million transactions across dozens of countries in Africa, facilitating cross-border transactions in multiple currencies for companies, including Uber Technologies Inc., Booking.com and Alibaba’s Alipay. It has evolved beyond payments products to an online marketplace and a lending channel to small and medium businesses.
With operations from the Nigerian commercial hub of Lagos to Nairobi, Kenya, the San Francisco-based company will continue to grow in East Africa. According to Flutterwave’s software engineer, the company also plans to expand its Francophone African nations such as Senegal and Cameroon.…
In the Kenya Gazette of 14th November 1944, the Governor of the Colony and Protectorate of Kenya approved a bill to make provision against Third Party risks arising out of the use of motor vehicles. This Ordinance was cited as the Motor Vehicles Insurance (Third Party Risks) Ordinance, 1944. Section 4 Subsection 1 of the Ordinance says,“Subject to the provisions of this Ordinance it shall not be lawful for any person to use, or to cause or permit any other person to use, a motor vehicle on a road unless there is in force in relation to the user of the vehicle by that person or by that other person, as the case may be, such a policy of insurance or such security in respect of third party risks as complies with the requirement of this ordinance”.
That same Ordinance is now cited as the Insurance (Motor Vehicles Third …
A new law has been signed by Nigerian President Muhammadu Buhari which goes after boosting government revenue via a raising value-added tax (VAT) rate and simultaneously supporting small businesses, Reuters revealed.
The finance bill which was signed into law on Monday will raise the VAT rates from 5 per cent to 7.5 per cent, which is arguably still the lowest in the world.
READ:Nigeria retains top spot as Africa’s largest economy
According to a 2019 BBC report, Nigeria was highlighted to face a fiscal crisis if it failed to improve its ability to collect taxes. Africa’s populous nation and biggest economy expenditure doubled and debt servicing cost grew substantially, while revenues missed their targets by 45 per cent a year since 2015.
Reuters cited that, Nigeria has been struggling with the diversification of its economy to reduce dependence on sales of crude oil, which also sustained changes in revenue, …
The U.S. Department of State gathered a group of private sector representatives to explore investment and collaborative business opportunities in Ethiopia, during the Global Entrepreneurship Week.
A week was spent by the Partnership Opportunity Delegation (POD) engaging with government leaders, private sector entities and Ethiopian entrepreneurs to understand the challenges and opportunities facing Ethiopian innovators and share expertise on how the country can better provide an enabling environment for tech and startups. The delegation included more than 15 companies representing Japan, United States and Sweden.
Also Read: Awash Bank, USAID to help small Agribusinesses in Ethiopia
The Office of Global Partnerships led the POD in exploring opportunities in various sectors of the Ethiopian economy such as digital connectivity, Fintech, creative industry and startups. From these first-hand engagements, several delegates committed to supporting Ethiopia’s economy in tangible ways through workforce development, social entrepreneurship, startup investment, exploring opportunities for telecom privatization …
Vivo Energy Kenya, the company that markets and distributes Shell-branded fuels and lubricants in Kenya has awarded a matatu driver and his conductor a brand new 32-seater matatu valued at Kshs 5.2 million as curtains close on the 10-week Weka Collabo promotional campaign.
The campaign which also saw 15 consumers being awarded with motorbikes valued at Kshs 4.5 million, sought to reward loyal customers and sensitize matatu drivers, conductors and ‘Boda Boda’ riders on Shell fuels and lubricants.
Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,100 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers …
South Sudan traders and businesses are hoping for intermission in the foreign exchange market after the Bank of South Sudan said it would introduce dollars into the market to protect the local currency.
Since after the payment of several months of salaries in arrears in September, South Sudan pound has been weakening against the dollar.
“The pound has lost value in the past two months due to the impact of the recent payment of salaries,” said Central Bank Governor Dier Tong.
About $115.2 million which is about 31 per cent of the currency in circulation was put into the economy for the payments.
Also Read: AfDB funds South Sudan’s capital city power distribution system
In October, South Sudan’s government secured $400 million financings from the Africa Export-Import Bank to pay the salaries and finance infrastructure projects.
Elijah Wamalwa the managing director and CEO of Co-operative Bank of South Sudan said …
