The pandemic disguises the reality that agriculture in Africa has much to be proud of. In South Africa, for instance, maize production this year is expected to be more than 30% higher than in previous years –and digitalisation is transforming the sector.
Nigeria’s equities market opened today’s session in green. In market moving news, Crown Flour Mills has acquired Dangote Flour Mills for N120 billion. Seplat Petroleum Development Company says it has agreed to a cash acquisition of the entire issued ordinary share capital of Eland Oil and Gas as well as those to be issued. Moses Hammed, Investment Research Analyst at Investment One Financial Services joins me to discuss these stories.