TradeNet is an online portal set up for traders and producers to “access prices for specific commodities and markets throughout West Africa”. The portal also permits SMS messaging ; users can receive alerts on prices and commodities and access “market conditions” via their cellphones.
TradeNet is conceived under the MISTOWA project which aims to increase [...]

It is no secret that I am a Big Brother Africa fan. I have had an article posted here in which I mentioned the secret weapons used by Big Brother participants to garner attention. I also tied that secret weapon to the AIDS crisis as well as the sex expo that took place [...]

The Internet – a place where millions of people go everyday. A place where many visit to find free information or to shop while others just use it simply to express themselves. Whatever people use it for the internet has become everyone’s companion. A friend who takes you places you’ve never been, a friend who [...]

Submitted by Dayo Daisi
Bartholomew Ebong, Group Managing Director of Union Bank Nigeria Plc, explains why SMEs experience difficulty in accessing credit from commercial banks, excerpts pulled from BusinessDay:
SMEs find it difficult to get money from banks due to a variety of reasons. First, lending to SMEs entails higher administration and transaction cost owing to the [...]

By Bai-Bai Sesay
The Celtel mobile network in Sierra Leone has extended its mobile market to the West African state of Ghana as the subsidiary of Zain (formerly MTC, now having controlling shares in Western Telesystems (Westel), the second national operator in that country.
According to the chief executive officer of Zain, Dr. Saad Al Barrak, Celtel [...]

Back in September, Bono and Nigeria’s former finance minister Ngozi Okonjo-Iweala, (who accepted for Bono’s DATA organization) acknowledged applause from the National Constitution Center’s Joseph Torsella and the audience after receiving the Liberty Medals, Philadelphia’s premier social-service award. Bono was honored for “using his celebrity to champion the plight of Africa”.
Credits: Philly.com, Clem Murray Inquirer [...]

The cover story on The [Nigerian] Business Eye is on Aliko Dangote, featured on AfricanLoft a while back. Excerpts:
Alhaji Aliko Dangote, Chief Executive Officer of Dangote Group is known for his insatiable lust for business acquisition, as he constantly strives to outdo himself in adding ailing companies to his shopping basket. But lately, he must [...]

Submitted by Beauty | Blog: http://nigeriawhatisnew.blogspot.com/
Making poverty history is not helped by selective sponsored headlines by the IMF, UN & World bank that seemed to think its flawed Millennium Project (the most expensive in the history of the United Nations) will make a dent in the substantial challenges/problems.
Africa and the rest of the world will [...]

Back in June, Ethiopian and former World Bank Economist, Eleni Gabre-Madhin, outlined her ambitious vision to found the first commodities market in Ethiopia during the TEDGlobal conference in Arusha, Tanzania. Her “plan would create wealth, minimize risk for farmers and turn the world’s largest recipient of food aid into a regional food basket.”

By Jonah Iboma
The Federal Government and a consortium of local firms is to install about 1000 automatic teller machines and 5 000 electronic kiosks across all states in the country under a public-private partnership arrangement.
The National Information Technology Development Agency and the Chams Consortium, consisting of Chams Nigeria Limited, Connect Technologies and Platinum Solutions, [...]