KIMAROSE ZAMBIA

 31-year-old Nigerian reveals how he has established his rice production business Abubakar Sadiq Falalu The Covid-19 pandemic has brought many lessons and challenges for entrepreneurs. For Abubakar Sadiq Falalu, the health crisis has helped affirm one thing: he is in the right line of business. Pandemic or not, people have to eat. Falalu runs a rice production and milling venture in Kaduna State, northern Nigeria. His company FaLGates Foods grows, processes, packs and sells parboiled rice to its largely Nigerian clientele. Falalu, who just turned 31, began his business in 2016, enthused by the Nigerian government’s Agriculture Promotion Policy that aims to boost local agricultural production and agro-processing to reduce food imports. He studied for a second master’s degree in innovation management and entrepreneurship in China and was wowed by the investment the Asian giant made in agriculture. He toured rice fields, learning all he could about rice production and headed back to N...

NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA..... South Africa: Rand 1= ₦79  Angola: 1Kwanza = v₦12  Botswana: 1Pula = ₦28 Cape Verde: 1Escudo = ₦8 Algeria: 1Dinar = ₦12 Egypt: 1Pound = ₦35 Eritrea: 1Nakata = ₦18 Ethiopia: 1Birr = ₦19 Ghana: 1Cedi = ₦56 Gambia 1 Dalasi = ₦9 Kenya: 1Shilling = ₦6 Liberia: 1Dinar = ₦8 Lesotho: 1Loti = ₦19 Libya: 1Dinar = ₦156 Morocco: 1Dirham = ₦176  Madagascar: 1Ariary = ₦14 Mauritius: 1Rupee = ₦16  Malawi: 1Kwacha = ₦21 Mozambique: 1Metical = ₦24 Namibia: 1Dollar = ₦32 Seychelles: 1Rupee = ₦22  Sudan: 1Pound = ₦42 Swaziland: 1Lilangeri = ₦19 Tunisia: 1Dinar = ₦150  Zambia: 1Kwacha = ₦28 Even the worst economies of Africa now have more valuable Exchange rate than Nigeria and this is the more reason president Edgar lungu has chances of making zambia a great economic hub of Africa. The only problem he is having the wrong team who can't help in revamping the economy more especially on exchange rate and failing to...