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Wishing you a month full of new opportunities and good news! Happy New Month!

Approximately 6% of the total population in the world consumed oatmeal, with an average intake of 238 g/day of cooked oatmeal among consumers while about 70% is used for livestock feeding and the remaining 24% used for cosmetology and beauty products.

Oats quickly become the most preferred starter feed in the livestock industry with the growing demand from countries such as Russia, Canada, Poland, and Australia.

INTRA AFRICAN TRADE CAN ONLY THRIVE IMPACTFULLY WHEN DOMESTIC AND REGIONAL TRADE FLOURISH, SAYS GOVERNOR AYADE.

This assertion was made by His Excellency Governor Ben Ayade at the just concluded Intra African Trade Fair 2021 in Durban, South Africa at a business meeting with the Managing Director Intra African Trade, Afreximbank, Ms Kanayo Awani.

Mrs RoseMary Archibong, the Commissioner for Commerce, who represented the Governor , solicited for the Bank’s urgent support in developing infrastructure for the Ecosystem in Cross River State regarding Regional Trade Consolidation into the Gulf of Guinea area.

She reiterated that the Governor, Prof Ayade has set up a plethora of industries and an Industrial Park in the State to enhance manufacturing; Calabar, the State Capital is the Municipal Capital of the Gulf of Guinea in Nigeria plus the fact that Cross River State is blessed with enormous agricultural, solid mineral and human resources as well as her geographical disposition of having closest access to the Gulf of Guinea Trade area- by land, sea and air.

The Commissioner also spoke about the challenges in local trade activities and export of commodities arising from the inability to meet international standards due to gaps in processing infrastructure, citing the cassava value chain as an example.

The Commissioner regretted that although Cross River State is the largest grower of Cassava in the world , not much is achieved with this commodity owing to low offtake , ineffective marketing linkages and inability by the farmers to acquire processing equipment.

The Commissioner observed that entrepreneural minded youths and farmers were not sufficiently informed about the laudable interventions the Bank was implementing and called for more intentional advocacy programs.

The meeting touched on other concerns pertaining to strengthening SME operations and the investment drive in Cross River State.

Very profitable decisions were arrived at which would be followed up on by the Cross River State team.

Good morning ☀️🌞
Do have a productive day and a lovely week!

NEXIM Bank's Hon Stella Okotete, Executive Director, Business Development, visiting Cross River State Exhibition Stand at IATF2021 in Durban.

The success of any startup depends on how far the founders are willing to go to accept risk and turn them into opportunities.
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ENTREPRENEUR OF THE WEEK

Our entrepreneur of the week is Fred Swaniker.

Fred Swaniker is a Ghanaian entrepreneur and leadership development expert. He has launched four organizations that aim to develop leaders, primarily in Africa.

Fred is deeply passionate about Africa and believes that the missing ingredient on the continent is good leadership. In line with this, he has founded two organizations that aim to catalyse a new generation of ethical, entrepreneurial African leaders: African Leadership Academy and the African Leadership Network.

DID YOU KNOW?? 🤔 🤔

Arachibutyrophobia, coming from the Greek words “arachi” for “ground nut” and “butyr” for butter, and “phobia” for fear, it's a fear of being choked by peanut butter. Specifically, it refers to the fear of peanut butter sticking to the roof of your mouth.

Arachibutyrophobia is one the weirdest phobias in the world.

We have all been in this situation. Maybe we have been generous with the amount of peanut butter on our bread, it sticks to our mouth, and it takes a bit of work to swallow the sticky content.
For most people, this experience is quickly forgotten, perhaps even laughably washed down with a cold glass of drink. However, for a select few, the very sensation of peanut butter fixing itself to the roof of the mouth induces a panic unlike any other.

Comment down below 👇that weird thing you are scared of?

Our entrepreneur spotlight is Deborah Mutemwa.

Deborah Mutemwa is the director and cofounder of an all-black, female- and youth-owned corporate and commercial legal consultancy which provides legal services to companies and individuals with a particular focus on small, medium and micro enterprises