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The African Export-Import Bank (Afreximbank) has projected that Africa’s rice market will grow from an estimated $24 billion in 2024 to $29.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4 per cent. This is according to the Afreximbank Commodity Bulletin Number 1 – 2025. The bank noted that despite encouraging improvements in […]
The post Afreximbank says Africa’s rice market to hit $29.2 billion by 2030 appeared first on Nairametrics.
Hot SourceFlutterwaveCEO Olugbenga Agboola shared his vision of building a “payment superhighway” to connect African economies and facilitate seamless money movement across borders. He emphasized the importance of regulatory collaboration, citing progress like the Ghana-Rwanda fintech agreement and praised regulators for enabling growth through infrastructure and market understanding. The panel highlighted Africa’s leadership in alternative payment systems and […] The post Flutterwave CEO Envisions Building Africa’s “Payment Superhighway” at CNN Global Perspectives Summit appeared first on Nairametrics.
Read moreHot SourceThe Nigerian wine market is still a niche within the broader alcoholic-drinks sector but not insignificant. Recent industry estimates put the wine market at roughly $400-$420 million in 2024, while the entire alcoholic-drinks market is valued in the hundreds of billions of naira. Multinationals and large beverage groups companies with extensive distribution networks such as Nigerian […] The post See 5 largest Indigenous wine producers in Nigeria appeared first on Nairametrics.
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