Business News
With the theft of livestock along the Free State border with Lesotho continuing unabated, Free State Agriculture has renewed its call for the SAPS to deploy more task teams across the provin... Read more
The KwaZulu-Natal Poultry Institute has eight operational poultry units. Photo: Lloyd Phillips – Advertisement – Since its establishment in 1992 as a private, non-profit training... Read more
KENYA – Financial institution Family Bank and the United States Agency for International Development (USAID), have partnered disburse US$4.7 million to agri-businesses in seventeen counties... Read more
KENYA – DPL Festive Bread, one of the leading bakeries in Kenya producing the market dominant Festive brand, has received the Food Safety System Certification 22000 (FSSC 22000) from EA SGS... Read more
KENYA – IFC backed Kenyan retailer Naivas Supermarket has opened its fourth store in Nakuru town, as local chain Cleanshelf opens its inaugural store in the same region, central of Kenya. Th... Read more
ETHIOPIA – Lame Dairy, subsidiary of Midroc Ethiopia Technology Group has opened a new dairy facility in Addis Ababa, constructed at a cost of Br 600 million (US$14.5m). The new factory more... Read more
INDIA – WayCool Foods, a leading Fast Consumer Goods Company in India, will begin using electric three-wheelers for intra-city deliveries in Bengaluru in an effort to cut down on carbon emis... Read more
SOUTH AFRICA – South Africa’s multi-billion-dollar poultry industry is on high alert and implementing contingency plans after an announcement of an outbreak of avian flu on a farm in South A... Read more
SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors, has launched two No Added Sugar yoghurt flavours, in a bid to meet consume... Read more
EUROPE – Bell Flavors & Fragrances has launched a portfolio of functional flavors to aid European manufacturers in mitigating specific off-notes, while creating a more neutral and appeal... Read more
GLOBAL – World food production will need to increase by 50 percent to overcome present shortages and meet the needs of the growing population – predicted to reach almost 10 billion by 2050.... Read more
GERMANY – RAPS, a leading supplier of the meat industry has launched new vegan barbecue products made from pea-protein in an effort to bring even more variety to the plant-based market that... Read more
The COVID-19 pandemic lockdowns in South Africa have profoundly disrupted education and training of all types in the country, and agriculture is no exception. The KwaZulu-Natal Poultry Insti... Read more
The money market in Nigeria. The money market is one in the collection of mutual funds that offer high liquidity and short-term maturities. The arrangement of the money market allows it to o... Read more
GLOBAL – World food production will need to increase by 50 percent to overcome present shortages and meet the needs of the growing population – predicted to reach almost 10 billion by 2050.... Read more
GERMANY – RAPS, a leading supplier of the meat industry has launched new vegan barbecue products made from pea-protein in an effort to bring even more variety to the plant-based market that... Read more
SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors, has launched two No Added Sugar yoghurt flavours, in a bid to meet consume... Read more
EUROPE – Bell Flavors & Fragrances has launched a portfolio of functional flavors to aid European manufacturers in mitigating specific off-notes, while creating a more neutral and appeal... Read more
Leading global cryptocurrency platform, Luno, has announced that it has reached the momentous milestone of 7 million customers worldwide, with demand for crypto in Africa a key driver of gro... Read more
Apple has announced the date of its next online-only Apple event, which will take place on Tuesday, April 20 at 10 a.m. Apple is expected to unveil new iPads with revamped screens, as well a... Read more
Sendmarc, a Johannesburg-based tech startup, has received an undisclosed amount of funding from South African venture capital firm Kalon Venture Partners. Sendmarc is a cyber-security email... Read more
Troygold, the founder of South Africa’s first gold-backed savings account and debit card, has received funding from Crossfin Ventures, Crossfin Technology Holdings’ angel investm... Read more
Luno, a Cryptocurrency company founded by Marcus Swanepoel and Timothy Stranex in the United Kingdom in 2013, grew from 6 million to 7 million customers between 2020 and 2021. Luno’s f... Read more
Quro Medical, a South African digital healthcare startup, has just received $1.1 million in seed funding. Enza Capital and Mohau Equity Partners, both based in Kenya and South Africa, were t... Read more
Twitter CEO Jack Dorsey shared on Twitter the arrival of its physical presence on the African continent. Jack posted, “Twitter is now present on the continent” alongside the Ghan... Read more
Additional task teams need to be deployed in the Free State as a matter of urgency to act as a buffer against the rising crime rate, specifically to combat the high incidence of livestock th... Read more
The money market is one in the collection of mutual funds that offer high liquidity and short-term maturities. The arrangement of the money market allows it to open an investor up to investm... Read more
Lilly Alfonso, founder of the eponymous Malawi-based fashion label, explains how she built her business. Read more
Lilly Alfonso menswear designs. Lilly Alfonso, founder of the eponymous Malawi-based fashion label, explains how she built her business. How did you get started in the fashion business? Fash... Read more
US – American agribusiness and food company Bunge has invested AU$45.7 million (about US$35 million) in Australian Plant Proteins (APP), expanding its presence in the fast-growing sector and... Read more
KENYA – Financial institution Family Bank and the United States Agency for International Development (USAID), have partnered disburse US$4.7 million to agri-businesses in seventeen counties... Read more
KENYA – DPL Festive Bread, one of the leading bakeries in Kenya producing the market dominant Festive brand, has received the Food Safety System Certification 22000 (FSSC 22000) from EA SGS... Read more
KENYA – IFC backed Kenyan retailer Naivas Supermarket has opened its fourth store in Nakuru town, as local chain Cleanshelf opens its inaugural store in the same region, central of Kenya. Th... Read more
ETHIOPIA – Lame Dairy, subsidiary of Midroc Ethiopia Technology Group has opened a new dairy facility in Addis Ababa, constructed at a cost of Br 600 million (US$14.5m). The new factory more... Read more
INDIA – WayCool Foods, a leading Fast Consumer Goods Company in India, will begin using electric three-wheelers for intra-city deliveries in Bengaluru in an effort to cut down on carbon emis... Read more
SOUTH AFRICA – South Africa’s multi-billion-dollar poultry industry is on high alert and implementing contingency plans after an announcement of an outbreak of avian flu on a farm in South A... Read more
The National Security Agency (NSA) informed Microsoft of “a series of critical vulnerabilities” in Microsoft Exchange, leading the company to release a new update. Microsoft said in a blog p... Read more
Bitcoin, the world’s largest cryptocurrency, hit a new high of $63,250 on Tuesday morning as Wall Street prepares for groundbreaking crypto-exchange Coinbase stock market debut on Wednesday.... Read more
After being chosen to participate in the seventh edition of the Flat6Labs Tunis seed accelerator program, eight Tunisian startups have each earned US$65,000 in funding. Each participating st... Read more
According to reports, the Sony intends to expand the brand’s reach into the mobile gaming industry, by making PlayStation video games available on smartphones. PlayStation Studios is recruit... Read more
ScholarX Technologies Ltd., an EdTech startup, has teamed up with Airtel Nigeria to launch LearnAM, a new mobile platform that offers training content to help students develop their learning... Read more
Apple has announced the date of its next online-only Apple event, which will take place on Tuesday, April 20 at 10 a.m. Apple is expected to unveil new iPads with revamped screens, as well a... Read more
Sendmarc, a Johannesburg-based tech startup, has received an undisclosed amount of funding from South African venture capital firm Kalon Venture Partners. Sendmarc is a cyber-security email... Read more
Troygold, the founder of South Africa’s first gold-backed savings account and debit card, has received funding from Crossfin Ventures, Crossfin Technology Holdings’ angel investment arm. The... Read more
Luno, a Cryptocurrency company founded by Marcus Swanepoel and Timothy Stranex in the United Kingdom in 2013, grew from 6 million to 7 million customers between 2020 and 2021. Luno’s figures... Read more
Quro Medical, a South African digital healthcare startup, has just received $1.1 million in seed funding. Enza Capital and Mohau Equity Partners, both based in Kenya and South Africa, were t... Read more
Nigeria’s National Information Technology Development Agency launched an innovation challenge aimed at providing indigenous solutions that can develop digital learning in rural communities.... Read more
In the past decade, the African fintech sector and other key sectors have been vital throughout the region. Today fintech is a viable alternative to traditional banking held in rural and urb... Read more
Kalon Venture Partners, an SA-based venture capital fund has invested an undisclosed amount into Sendmarc. The innovative cybersecurity startup is run by Keith Thompson, Sam Hutchinson (CEO)... Read more
The Central Bank of Nigeria (CBN) is extending its Credit Risk Management System (CRMS) to Primary Mortgage Banks, Microfinance Banks and Development Financial Institutions saying that enrol... Read more
President: João Manuel Gonçalves Lourenço
Vice President: Bornito de Sousa
Capital city: Luanda
Languages: Portuguese 71.2% (official), Umbundu 23%, Kikongo 8.2%, Kimbundu 7.8%, Chokwe 6.5%, Nhaneca 3.4%, Nganguela 3.1%, Fiote 2.4%, Kwanhama 2.3%, Muhumbi 2.1%, Luvale 1%, other 3.6% note: most widely spoken languages; shares sum to more than 100% because some respondents gave more than one answer on the census (2014 est.)
Population, persons: 30,809,762 (2018)
Area, sq km: 1,246,700
GDP per capita, US$: 3,432 (2018)
GDP, billion current US$: 105.8 (2018)
GINI index: 51.3 (2018)
Ease of Doing Business rank: 177
