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Prologue
Startups are young companies that are founded to develop a
unique product or service and bring it to the market. In recent
years on the African Continent, several startups have been making
positive impact in their communities leading to several countries
enacting or planning to implement a Startup Act. So, a pertinent
question is, should Nigeria jump on the Startup Act
bandwagon ?
In this article, we will examine this question by; understanding
what Startup Acts are, exploring the reasons why countries
are trying to implement this peculiar legislation, and explore
alternative pathways that can adopt be adopted, and finally
AmyLaughinghouse iStock Thinkstock Despite having one fewer day in the month and U.S. suppliers still facing shipping delays, U.S. dairy exports surged in February.
USDEC Staff | Apr 08, 2021
Total dairy export value climbed 7% year-over-year to reach $565.5 million and volume in milk solids equivalent (MSE) jumped 15%. February’s growth was driven primarily by resurgence in nonfat dry milk/skim milk powder (NFDM/SMP) to Mexico and Southeast Asia and whey products to China.
Below are our three main stories for the month:
NFDM/SMP exports an uplifting surprise
February’s NFDM/SMP export data surprised us. Frequent reports of shipping frustrations delaying exports have been the story for months. Logistics delays drove the declines we saw in U.S. NFDM/SMP exports in November, December and January. And the preliminary data suggested that was going to be the case in February.
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