Bee hiving has potential to generate $10bn against Nigeria’s current $2.1bn annual honey import, says Chibugo Okafor, Kendake Honey founder

Nigeria can generate over $10 billion from local and international trade in honey and other hive products annually. Yet the country spends over $2 billion annually on the importation of honey alone, thus missing out on the benefits of developing the entire value chain locally. CHIBUGO OKAFOR, a trained pharmacist, young entrepreneur and the producer […]

Tony Elumelu Foundation to train 50 additional Beninoise entrepreneurs.

The Tony Elumelu Foundation (TEF) has announced plans to include 50 additional Beninese entrepreneurs to its usual selection of 1000 African entrepreneurs for training and sponsorship every year.  The additional beneficiaries will be trained and sponsored based on a partnership between the foundation and Sèmè City, who will invest $250,000, a statement from the TEF […]

Nigeria’s energy gap is 180 megawatts – Operator

On the sidelines at the Future Energy Nigeria event, Ujunwa Ojemeni, senior investment associate at All-On Nigeria, an impact investor in Nigerian energy companies spoke to business a.m. on the investment deficit in the Nigerian clean energy space and how the company’s presence is drawing other institutions in the industry. she also talked about the […]

Soil-less farming can fix Nigeria’s agricultural demand-supply gap

Nigeria has always had as one of its major goals, the attainment of self-sufficiency in food production. Government knows that it is imperative to meet local demand for agricultural produce, contain unnecessary capital flights on importation, create jobs and give hard-working Nigerian farmers good return on their efforts. But SAMSON OGBOLE, co-founder, Nutraceutical International Limited, […]