News & Events

Leoht Africa partners with the Indian Chamber of Commerce to boost the retail sector of Nigeria’s textile industry. Debmalya Banerjee, regional director of the Indian Chamber of Commerce, Kolkata, said India being one of the largest growers of cotton in the world and producers of textiles can help Nigeria in reviving its textile and apparel sector positioning itself as a leading hub in the Central and West African market.

Read the original article here: https://guardian.ng/business-services/india-nigerian-firm-partner-to-boost-retail-textile-sector/

Yellow’Coq, an agrotech specialising in mass production, distribution, and transformation of made-in-Cameroon poultry, launched a XAF100 million crowdfunding operation. Yellow’Coq intends to improve its overall capacity in the short term and plans to set up an African low-cost chicken fast food like AFC fast food soon. The startup added, “investors and shareholders will be entitled to 70% of the company’s dividends during the first five years of operations at the expense of the founders.”

Read the original article here: https://www.businessincameroon.com/economy/2012-12169-chicken-agrotech-launches-xaf100-mln-fundraising-operation-with-a-promise-of-cumulated-350-return-over-5-years

Kenya’s B2C e-commerce company Copia Global plans to expand to Rwanda and Tanzania as part of its Africa-wide growth strategy. The company model aims to increase e-commerce availability to people who do not have internet access. Through a network of about 30,000 agents, which are often shopkeepers and local grocers, can place orders online accessing lists of products. Tracey Turner serves as Founder and Executive Chairman of Copia Global.

Read the original article here: https://www.theafricareport.com/161407/kenyas-copia-plans-e-commerce-expansion-in-rwanda-tanzania/