Business Opportunities in Africa

Cashew Nut export season is starting soon. This commodity is currently in high demand in the International market. Below is the investment analysis, if you are interested in investing in the cashew nut export business. INVESTMENT ANALYSIS Commodity: Raw Cashew Nut Container:    20 Feet Quantity:      17 Tonnes                                                                     N                              N                     N Cost Price/Ton:                ...

The Central Bank of Nigeria in August 2015 placed a restriction on foreign currency deposits. Since then, it has been difficult for most international businesses to perform transactions. To quench this fire, the Central Bank of Nigeria has decided to lift the ban on foreign currency deposits. Deposit Banks have been sending messages to their customers nationwide to sensitize them of this recent development and clearly stating the conditions. Below is a sample of the message: Dear Customer,  Resumption of Transfers for FX Cash Deposits   We are pleased to inform you that you can now transfer Foreign Currency Cash deposits made into   your GTBank domiciliary account(s) via Internet Banking, Mobile App or at any of our branches nationwide,  subject to a daily cumulative limit of $10,000 .     Thank you for banking with us.

Cashew Nut export business is a seasonal money spinning business in the first quarter of the year. If you remove the first four words in CASHEW it reads CASH. So,Prepare ahead to make some CASH exporting CASHEW NUTS. Now, let me give you some information on Cashew Nuts.   Description Cashew (Anacardium Occidentale L.) is a tree crop of considerable economic importance to Nigeria and other tropical countries. Apart from being a source of useful products and byproducts for food, medicinal and industrial applications, cashew gives also a useful shade, while ornamental and alley trees are suitable for the control of soil erosion, particularly for the protection of watersheds and dams. Harvest Cashew nut setting begins in the middle of dry season, while harvesting takes place mainly in February or March. The entire harvest period occupies about 16 weeks. In the Eastern and Western parts of the country, where quality cashew nuts are grown, nuts are allowed to d...

Considering the recent state of the Nigerian economy, you will agree with me that most individuals and corporate organizations are seriously affected.   Government workers are sacked in some states, companies also retrench lots of workers and salaries are yet to be paid in some government and private organizations. The price of imported products have skyrocketed.   In the face of all this, some analysts are still predicting a situation which is worser than this in 2019, due to the unpredictability of the volatile situations in the country due to the upcoming elections. Then, if you have been affected with this situation, will you keep on watching without taking a step out of this problem?   Or if you have not been affected, will you wait till you are affected before you can do something ? The Nigerian economy has been living off on oil revenue for so many years but the crash in the price of oil and other challenges the Nigerian crude oil is facing has worsen ...

Ginger is a spice that is highly valuable in the international communities. It’s scientific name is Zinzigiber officinale and it is often dried artificially or through the sun to 10% - 12% moisture content. It is recognized for its pungency, aroma, aleo resin and high oil content. In the international market, buyers often prefer the ginger to be splitted that is why it is normally called DRIED SPLIT GINGER in the world market. Ginger harvesting season starts from the month of October through April. Nigeria is the third largest producer of Ginger all over the world and it can be sourced in the following locatios: Kaduna Nasarawa Benue Gombe Kaduna Niger In various countries, ginger is used for different purposes. Below are some of the uses of dried split ginger:      It is used in the confectionery industry      It is used in the pharmaceutical industry      It is used in the beverage in...