1. Give Your Product Away for Free – Then Charge for Extras Freemium model: Offer a free version (like an app or e-book) to hook users, then monetize through upgrades, add-ons, or subscriptions. 2. Discourage Customers from Buying – and Spark Curiosity Scarcity & exclusivity play: Say ‘This product may not be for you’ to make it more desirable,…
Abidjan, Ivory Coast, August 14, 2024 – The African Development Bank Group (AfDB) has announced a $10 million junior equity investment in the KawiSafi II Fund, a $200 million venture equity fund dedicated to advancing clean energy initiatives across sub-Saharan Africa. This investment, sourced from the Bank’s Sustainable Energy Fund for Africa (SEFA), aims to bridge investment gaps in…
Kilimokwanza.org Team East Africa boasts diverse high-value crops, often called “money trees,” providing substantial economic returns and long-term sustainability. These generational wealth trees can be harvested for many years, making them ideal for farmers looking to secure a lasting income. Below is an overview of some valuable crops, detailing their uses, market value, ideal growing conditions, and harvest timelines….
Kilimokwanza.org Correspondent Nairobi: Ever pondered the transformation of a single litre of farm-fresh milk, valued at Ksh.40, into a lucrative yogurt venture? This metamorphosis could yield four 250ml yoghurt tumblers, each retailing at Ksh.55. When you crunch the numbers, this simple conversion escalates the value to Ksh.220 from a mere litre of milk, marking a staggering 500% value addition,…
By Elizabeth Shumbusho, Kilimokwanza.org Contributor In an era where technological advancements and modern industries dominate economic discussions, the age-old practice of agriculture is making a groundbreaking comeback, promising to redefine wealth across the African continent. According to the African Development Group, the agricultural business in Africa is set to skyrocket to a staggering $1 trillion US dollars by 2030….
Nairobi, Kenya – February 6, 2024: In an age where the internet bridges gaps and opens doors, Kenyans are increasingly turning to the digital space to carve out income streams and build careers. Moe, the brains behind @moneyacademyKE, is leading the charge with practical advice for those looking to make money online. His recent social media posts have gone…
Today, we will explore the top 10 most profitable iron and steel business ideas. Iron and steel are crucial globally, forming the backbone of any economy as major raw materials for many industries, significantly impacting a country’s GDP growth and employment opportunities. Here are the top 10 most profitable iron and steel business ideas:
In the lush landscapes of Nakuru, Kenya, Wangui Waweru, an enterprising woman, founded the Gold Dust Snail Farm six years ago. Her journey into the world of mollusks began in 2017, sparked by an accidental tasting of snail meat. This experience, initially met with trepidation, burgeoned into a deep interest, leading Wangui to explore the ins and outs of…
By Anthony Muchoki
Des Moines, Iowa, 30-Oct-2023 – African Development Bank (AfDB) President, Dr. Akinwumi Adesina, urged global investors not to miss out on the continent’s booming food and agribusiness sector, which is projected to be worth $1 trillion by 2030. This clarion call was made at the World Food Prize Foundation’s Norman E. Borlaug Dialogue in Des Moines, Iowa. During the…