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Bringing African Knowledge into the Probiotic Industry: The Untapped Goldmine in Nigeria’s Fermented Foods
As the health benefits of fermented, probiotic foods have become more widely known, they’ve driven a global surge of interest in foods like kimchi, miso and sauerkraut. But according to Oluwadara Alegbeleye, a microbiologist who researches food safety and sustainable food systems, Nigeria’s fermented foods have yet to transition from local staples to globally recognized probiotic solutions. She argues that this has cost Nigeria not only international recognition, but a valuable business opportunity, and explains how the country's fermented food market could evolve into a robust and viable industry.
- Categories
- Health Care
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Walmart Vriddhi Partners To Empower an Additional 100,000 MSMEs for Business Growth by 2028, Expanding Their Access to International Markets
"The program provides MSMEs with digital tools, personalized mentorship and market access to expand their reach both nationally and internationally, supporting sustainable business models and cross-border trade via Walmart Marketplace."
- Categories
- Investing
- Region
- Asia Pacific
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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Analysis: How Small Businesses Can Navigate Global Trade In an Era of Polycrisis
With support, small businesses can compete globally and drive inclusive economic development.
- Categories
- Uncategorized
- Region
- Global
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Mediterrania Capital Partners Fund Reaches Final Close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
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Nigeria’s Salpha Energy Raises $1.3 Million Funding to Scale Local Solar Assembly
Salpha will use the funding to scale operations, expand its product portfolio, and strengthen its local solar assembly facility.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Expanding Access to Finance for Energy Enterprises: EnDev Partners with Kiva
Through this collaboration, Kiva will provide tailored financial solutions to support small and medium-sized enterprises (SMEs) in the energy access sector across EnDev’s portfolio in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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