Kigali-based East African Exchange (EAX) is discussing with financial institutions to advance credit at a cheaper rate to grain farmers signed up with them, Kadri Alfah, the firm’s country manager, has said. In an exclusive interview with The New Times, Alfah said the fact that the firm stores farmers’ produce in warehouses it guarantees product …

As a partner, the Tony Elumelu Foundation has committed to a financial investment over the next five years to seed and scale distributed energy solutions across the continent. As a result will in turn enhance homes, businesses, schools and improve the livelihoods of Africans in Africa. Other partners of Beyond the Grid include the United Nations Foundation, …

Dr. Saeed Jumah, fondly known as “Dr. Smyls” to many has taken another laudable step towards creating dental and oral hygiene awareness in Nigeria with the launch of the second book in his children’s book series-Toothie and Friends-a fun illustrated book for children about dental health and hygiene. Recipient of the 2013 Tony Elumelu Prize …

Businessmen around the world are always looking for new global markets for investments. Relatively quietly, Nigeria has become an attractive market for American businesses. In fact, it’s the largest and most important market in Africa and one of the more exciting emerging markets in which to invest. With a population of approximately 180 million (twice …

April 7, 2014, marked a historic day for Nigeria, with the rebasing of our GDP to nearly $500 billion. This new figure makes us the largest economy in Africa and the 26th larget in the world. Not only has Nigeria overtaken South Africa as Africa’s largest economy, but we are now on par with Poland …