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Nigeria power crisis, Togo kinkeliba tea & DRC micro financing [Business Africa]

– Afolake Oyinloye

Nigeria power crisis

Egbin power plant being Sub-Saharan Africa’s largest electricity facility, faces a continuous shortage of gas supply caused by militant attacks in the Niger Delta and millions of dollars in back payments owed by the federal government.

Claire Muthinji and Serge Patrick MANKOU tell us how the Nigerian authorities are dealing with the power shortage.

Togo kinkeliba tea

Togolese entrepreneur, Adamas Koudou wants to popularize West Africa’s Kinkeliba as a ‘super tea’.

The native tea is said to have various healing properties as well as a higher antioxidant level than Green tea, but little of it is known outside the west african region. Nii Akrofi and Loué Rodrigue show us Adamas’s new plans for export.

DRC micro financing

In the DRC, some microfinance cooperatives have gone bankrupt in the eastern part of the country. Customers are distressed as it is becoming more difficult to withdraw their savings and the Congolese government has not intervened.

It leaves questions as recent surveys show a rise in the micro-finance sector in the DRC. In 2015, the sector registered dozens of micro, small and medium-sized enterprises.

Jean David Mihamle and Micheal Dibie report.

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