Markets

Malawi takes Key Step to Advance Digital Payments

Today, Malawi took a significant step towards creating a digital payment ecosystem in order to address poverty and drive inclusive growth.

An event organized by the Government of Malawi with the United Nations Capital Development Fund’s (UNCDF) Better Than Cash Alliance and Mobile Money for the Poor initiatives brought together digital payments players to accelerate the progress of digital finance in Malawi.


Vice President Joseph Nyuma Boakai

VP Boakai Wants Micro-Loans for Farmers

Vice President Joseph Nyuma Boakai has stressed the need for Micro-Loan programs to be initiated in the agricultural sector of the country for poor and smallholders farmers to have access to capital that would help them in their farming endeavors, which he termed as a very tedious but profitable profession.


Minister Addy: “Commerce is working hard to ensure that the Small Business Empowerment Act is effective”

Liberians Urged to Prioritize Small Businesses

The Minister of Commerce and Industry, Axel Marcel Addy, has urged Liberians to prioritize small business entities by purchasing Liberian-made commodities such as the country cloth and locally grown rice.

  Minister Addy made the statement at a press conference over the weekend at his Ashumn Street offices in Monrovia when he addressed issues affecting Liberian-owned businesses.

 He disclosed that in an effort to enhance small businesses in the country, the Ministry is working to ensure the effectiveness of the Small Business Empowerment Act (SBEA).


Bookseller Obiah Kollie at his street selling depot on Broad Street in Monrovia

Seasonal Gains in Book Selling

It has been four years now since book seller Obiah Kollie started his business.

 “It’s a good business,” Kollie told the Daily Observer yesterday in an interview at the former Ministry of Education building, on Broad Street, Monrovia, “but it is a seasonal business where the bulk of your customers are students.”

 Kollie said business is good whenever schools are in session and students come searching for prescribed second hand books for the academic year.

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