Commonwealth News
Zambia: Businessman taps into cassava’s industrial potential
Zambia's Premiercon Starch Company Limited manufactures starch from cassava and sweet potato in the Kalumbila District. Founder Lubasi Yuyi had to quit his job to set up a business that would integrate household communities into the mining supply chain by finding...
Singapore blockchain startup raised $1.2 million in under 3 minutes
Singapore's Subx Finance Lab listed an initial exchange offering and was over-subscribed - filling their hard cap of $1.2 million in a few minutes. The firm is a blockchain service provider for businesses that integrates web3 technologies into their products and...
Nigerian tech startup TeamApt targeting $1-billion valuation
Nigerian tech startup TeamApt is about to raise its third round of funding at a value of more than $1-billion. The funding will result in the Lagos-based banking services software firm joining a spate of African fintech startups and becoming so-called unicorns. The...
India to supply additional 20% power to Bangladesh
India to supply 192 MW power to Bangladesh as per the renewed agreement. It is a 20% increase from the earlier 160 MW it supplied. The two commonwealth countries inked an agreement on January 11, 2010, for power trading at a mutually agreed price which expired on...
Buhari: Nigeria is Africa’s most viable investment destination
President Muhammadu Buhari declares Nigeria as the most viable and attractive investment destination in Africa. Buhari added that Nigeria is on the path of becoming a leading industrial and trading destination in Africa. Worth $992 million were invested in the...
CDB to strengthen ties with Trinidad and Tobago
Caribbean Development Bank's (CDB) President Dr Gene Leon committed to strengthening ties with Trinidad and Tobago during his recent official visit. He is considering collaborating and partnering on the areas such as climate sustainability, developing educational...