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Archive For: The Crunch

CENTRAL BANK OF NIGERIA FOCUSES ON FEMALE ENTREPRENEURS…

07 Mar 2014 Just in time for International Women’s Day, the Central Bank of Nigeria has earmarked 132 billion naira, about 60% of its N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to women entrepreneurs in the country. Ventures Africa tells us that this information was made public ... Read More
 

THE GROUNDNUT PYRAMIDS WILL RISE AGAIN SAYS AGRICULTURE MINISTER…

03 Mar 2014 Nigeria continues to step up its agricultural transformation and today’s focus is groundnuts. ThisDay Live reports that the Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said Nigeria will return to massive production and processing of groundnut pyramids, with production expected to add N24 billion to the country’s  Gross Domestic ... Read More
 

MOBILE MONEY ACROSS BORDERS WITH TIGO

03 Mar 2014 The Zambezian shares with us that Tigo, a subsidiary of the international telecommunications and media company Millicom has announced the launch of a pioneering cross-border Mobile Money remittance service between Tanzania and Rwanda. We’re told that the service was launched simultaneou’sly in Kigali and Dar-es-Salaam in the presence of Rwandan High Commissioner ... Read More
 

AFRICA’S CHEAPEST CAR WILL SOON BE AVAILABLE!

03 Mar 2014 Kenya is determined to make Africa affordable for us all in 2014. Ventures Africa informs us that Kenyan Vehicle Manufacturer (KVM) has revealed that it is currently working on the assembly of Africa’s cheapest car in its Thika plant and ‘expects the vehicle to be made commercially available ... Read More
 

WHO SAID TWEAA? AN ANGRY PARLIAMENTARIAN’S OUTBURST GENERATES VERY UNUSUAL RESPONSES

27 Feb 2014 Citizens of Ghana are still commenting on a rather controversial decision to ban the use of popular slang “tweaa” from parliamentary proceedings. The word is an Akan interjection used mainly to express contempt for a statement and had started to gain widespread use in parliament, with members of parliament using the word ... Read More