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[Free Webinar] E-commerce Evolution: The Future of Finance with Digital Payments in Africa
Master the skill of leveraging digital payment solutions to enhance transaction efficiency, cater to diverse payment preferences, and manage risks associated with foreign exchange and transaction security.
Africa Business Communities launches operations in the Middle East
The company supports doing business in Africa through marketing and communication services, custom media productions and market research and has the largest LinkedIn community in Africa with over 1.2 million followers.
L'Oréal is the world’s most valuable cosmetics brand, report
The iconic French brand continues to outshine its competitors, boasting a brand value approximately 80% higher than its closest rival.
Corporate communications agency LCH Consultancy appoints Evelyne Wangui as Director of media relations
As Director of Content and Media Relations, she will be pivotal in strengthening strategic services across the African region.
Pan-African legal firm Centurion Law Group rebrands as CLG
The rebrand aligns closely with the firm’s mission to consolidate its position as the leading legal practice and business advisor in an ever-evolving energy environment.
MENA region leads global growth in luxury travel, report
The appetite for new experiences in unexplored destinations, micro-trips and ‘bleisure’ will likely drive the growth of the global luxury travel market
African Union and Google Africa launch campaign to celebrate the creative economy
In celebration of Africa Month,YouTube creators across Africa are invited to share short videos capturing their unique perspectives using the #DiscoverMyAfrica hashtag.
EIB’s Water Sector Fund invests €10 million to support innovative businesses in Africa and Asia
W2AF is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve access to safe, affordable drinking water for underserved populations, mainly in Sub-Saharan Africa and South and Southeast Asia.
[Zoom Event, April 11 2024] Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.
Mastercard and Women Choice expand partnership to invest in women entrepreneurs
Women Choice - an international organization dedicated to advancing women's personal and professional development - launched the pilot cohort in 2023.The next cohorts will be participating in the new programs this year and will aim to impact 50,000 women.
Unilever accelerates Growth Action Plan by launching productivity programme
Unilever has announced steps to accelerate its Growth Action Plan (GAP) through the separation of Ice Cream and the launch of a major productivity programme.
Nissan Africa announces regional appointments
Jordi Vila, currently Nissan Divisional Vice President Marketing and Sales Europe has been appointed as President Nissan Africa, as DVP.
Mark-Anthony Johnson: Is Africa splitting in two?
Mark-Anthony Johnson: Is Africa splitting in two?
Africa’s vibrant and sustainable creations
In many African communities, creativity knows no bounds. A unique and fascinating trend has emerged, where individuals repurpose flip-flops into remarkable crafts.
Nissan Navara to fly the flag up through Africa in daring expedition
Dubbed Nissan Daring Africa 2024, the expedition will visit Mozambique, Zimbabwe, Zambia, Malawi, Tanzania and Kenya before ending in Egypt.
[Webinar] Complimentary expert session for Telecom leaders and Startups in Africa, March 21
Designed for telecom leaders and startups, thia event offers invaluable strategies for expanding services, managing FX risks, enhancing cross-border payments, and establishing credibility in the international arena.
Xsolla unveils new payment methods for gamers in Africa
This move addresses the unique financial landscape of Africa, where a significant portion of the population, particularly in regions like Ghana and Uganda, remains unbanked.
Southern African tourism stakeholders to get new regional disaster risk management and crisis communication plan
The SADC Business Council Tourism Alliance has concluded the successful completion of a pilot project on tourism disaster risk management and crisis communication for the Southern African Development Community (SADC) region.
IATA announces first signatories to Air Cargo Digitalization Leadership Charter
The Digitalization Leadership Charter aims to accelerate the air cargo industry’s digitalization journey by committing to five key guiding principles.
Village Capital unveils programme targeting African startups focused on greentech
The programme is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change across Africa.
AFC Joins Ecobank and Soto Gallery to Host +234Art International Art Exhibition to empower African artists
AFC has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and its artists.
[Column] Farai Bayai Ncube: Bridging gender gaps in Africa’s creative sectors
The Creative DNA programme, initially successful in Kenya with three completed cohorts, has expanded to Ethiopia, Senegal, and Uganda, and plans to launch in more sub-Saharan African countries.
IATA partners with Smart Freight Centre on carbon emission calculations
The two organizations will focus efforts on developing the cargo component of IATA’s CO2 Connect offering, which successfully launched its passenger version in 2022.
DP World launches global freight forwarding network
In response to increasing disruptions to global trade – from climate change, geopolitics and macroeconomic challenges – DP World has embarked on a bold initiative to bolster its commitment to its customers.
IBM commits $45 million towards resilient cities
IBM also announced that it would increase investment in the pro-bono social impact program by 50%.
Global HR company Deel to acquire African payroll firm PaySpace
Global HR company Deel has announced that it is acquiring African-based payroll and HR solution company PaySpace for an undisclosed amount. It is one of Deel’s largest acquisitions to date.
Aviation experts push for a Model Bilateral Air Services Agreement
Aviation officials from the Eastern Africa-Southern Africa and Indian Ocean region are making steady progress in reviewing and having a model Bilateral Air Services Agreement (BASA) that conforms with the provisions of the Yamoussoukro Decision of 1999.
IATA and The Weather Company to provide enhanced turbulence-related weather data to airlines
With this enhancement, participating airlines will soon be able to access Eddy Dissipation Rate (EDR) turbulence data directly through Fusion and Pilotbrief tools by The Weather Company.
Lilium Group and Didier Drogba Foundation are now co-owners of Team Drogba in the E1 World Championship
Lilium Group, the parent company of Vista Group the African financial services group, and the Didier Drogba Foundation announce that they are co-owners of Team Drogba in the E1 World Championship.
DFC reaffirms commitment to scaling investment in African infrastructure and critical minerals
Deputy Chief Executive Officer (DCEO) Nisha Biswal traveled to South Africa and Zambia as part of the largest U.S. government delegation to Mining Indaba and the first Lobito Corridor Investors Forum and to deepen DFC’s investments on the continent.
TradeMark Africa partners with global organizations to boost international trade
With TMA funding of $4 million, IOTA developed TLIP, a system built on the distributed ledger technology providing a transparent and secure electronic exchange of trade information in international supply chains.
Uber is the world's most valuable mobility brand, study
Uber remains the world's most valuable mobility brand, with a 28% increase in brand value to $29.7 billion, according to the latest report by Brand Finance, the global brand valuation consultancy.
African healthtech shows resilience with mere 2% decline in funding while broader tech ecosystem plunges in 2023, report
Healthcare consulting firm Salient Advisory has launched its latest Intelligence Report, presenting findings on funding activity, covering grant, equity, and debt investments for African healthtech startups in 2023
Digital commerce in Africa to expand 25% per year by 2026, report
Africa has emerged as a frontier for the new online consumer class, representing an estimated 10 million new consumers in 2024 and trailing only Asia as a region. This is according to the new annual Beyond Borders digital payments and commerce report by EBANX
TradeMark Africa receives $63 million from Netherlands to advance sustainable trade
This strategic investment will fuel TradeMark Africa’s Strategy 3, covering the period till 2030, aimed at driving green, sustainable economic growth, fostering innovative trade practices, and promoting inclusive trade across Africa.
Centurion Law Group announces Oneyka Cindy Ojogbo, Zion Adeoye as new partners and shareholders
Representing the first Africa-focused firm to list on the German Stock Exchange, the promotion of Ojogbo and Adeoye serves as a testament to their leadership and proficiency within Africa’s legal field, as well as dedication to driving sustainable development across the continent.
[East Africa Business Week] Bob Koigi: Cushioning food systems from shocks
This week, thousands of delegates across the continent and beyond are gathered in Kigali, Rwanda for the African Green Revolution Forum, AGRF, an annual event bringing governments and partners together around food security and making safe, nutritious foods produced in a sustainable way available to all Africans.
[Interview] Goodie M. Ibru, Fondateur, Ikeja Hotel, Nigeria
Avec plus d'un demi-siècle d'expérience dans la propriété et la gestion d'entreprises, Goodie M. Ibru est le fondateur de l'Ikeja Hotel Plc, le fondateur et partenaire principal de G.M. Ibru & Co. et l'actuel Vice-Président (Afrique de l'Ouest) de l'African Business Roundtable.
[Interview] Dr. Thomas W. Laryea, Conseiller Juridique, Orrick, USA
Thomas Laryea est un avocat international spécialisé dans la restructuration de la dette souveraine à l'échelle mondiale et dans le financement et l'investissement en Afrique. Également membre de la prestigieuse organisation The African Business Roundtable, M. Laryea offre un aperçu des structures économiques publiques et privées en Afrique et dans le monde.
[Interview] Dr. Thomas W. Laryea, Legal Counsel, Orrick, USA
Dr. Thomas Laryea is an international lawyer focused on sovereign debt restructuring globally and Africa-related finance and investment. Also a member of the prestigious organization, The African Business Roundtable, Dr. Laryea offers expert insights into both public and private economy structures in Africa, and globally.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[Interview] Janusz Luterek, Partner, Hahn & Hahn Attorneys, South Africa
Janusz Luterek, a partner at South Africa-based law firm Hahn & Hahn Attorneys will be speaking at the Future Foods Conference on the legal impediments to launching novel foodstuffs in South Africa.
[Column] Mthokozisi Maphumulo: Business insurance policies to rescue business amid the recent unrest and looting in South Africa
The recent events of unrest and looting of shops in South Africa, particularly in KZN and Gauteng have certainly been worrying for business owners.
[Column] Chido Pamela Mafongoya, Veedushi Mooloo: How Mauritius can take advantage of the African Continental Free Trade Area
The AfCFTA gives Mauritius market access estimated to be as large as 1.3 billion people across Africa, with a combined gross domestic product (GDP) of $3.4 trillion.
[Column] Pablo Mitogo: Why are companies in Equatorial Guinea spending money in times of crisis?
The wave of chaos has also reached companies, especially in small economies such as Equatorial Guinea. Many companies have seen their volume of activity decrease drastically, with subsequent cost reductions. The question remains how does a company reduce costs without drowning the company?
[Column] NJ Ayuk: It’s time for the legal profession to embrace change
Under the best economic circumstances, paying for legal services can be difficult for small businesses and startups.
[Column] NJ Ayuk: Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal
Last week, a UK commercial court gave reason to a claim by engineering company P&ID, which demands over USD$9 billion from the Nigerian government over a failed gas deal.
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
[Column] Wildu du Plessis: A new opportunity for African nations to work together, overcome challenges
As parts of the world appear to fragment or turn inwards, there is a new opportunity for African nations to work together and speak with one voice, now that the operational phase of the African Continental Free Trade Area has been launched.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
[Interview] René Stegmann, Director, Relocation Africa
René Stegmann is a South African entrepreneur experienced in the Mobility, Research and Immigration industries, and is currently the Director of Relocation Africa.
[Interview] Jude Menes, Founder, Menes Konsult, United States
Jude Menes is a Nigerian-American attorney and founder of Menes Konsult Firms, in partnership with Europlaw, a group of firms dedicated to advising and guiding foreign investors and relations in Africa.
The Ugandan Competition Enforcement - a comparison with South Africa
Ugandan businesses are becoming increasingly mindful of competition requirements and domestic antitrust laws when engaging in commercial transactions in other African jurisdictions.
[Column] Nick Altini: South Africa new competition law a boost to SMEs
The Competition Amendment Bill (Bill), introduced in parliament in South Africa recently, has clearly shown that enabling small and medium enterprises and Previously Disadvantaged Individuals to be able to successfully compete in the market.
[Column] Darryl Bernstein: Demand for compliance lawyers is growing in Africa
In Africa, the demand for local compliance lawyers has risen significantly as having on-the-ground expertise in the countries where business dealings are taking place, is essential.
[Column] Joyce Karanja Ng’ang’a: Saving jobs is a priority for African competition authorities
Avoiding or limiting job losses when companies merge has become a major priority for competition authorities throughout East and Southern Africa.
[Column] Dominique Collett: Regtech - the new fintech, driven by complex financial regulations
“There are three elements driving interest in regulatory technology (regtech) in South Africa and abroad, explains Dominique Collett, senior investment executive at Rand Merchant Investment Holdings and head of AlphaCode, a club for fintech entrepreneurs.
Taking security over a South African bank account as a workable option for a foreign lender
Given the political and economic uncertainty in South Africa, foreign lenders are becoming increasingly focused on the type of security available in South Africa to secure their loan.
[Column] Dr. Richard Malkin: Legalising dagga creates a minefield in the workplace
South Africa seems to be following the trend in the US to legalise cannabis. Last year, Judge Dennis Davis ruled in a full bench decision of the Western Cape High Court that the use and cultivation of cannabis by an adult in a private home is constitutionally legal.
[Column] John Syekei: No place in Kenyan healthtech for ‘Wild West’ approach to data
Technology has taken off in Kenya like wildfire, where the healthcare and pharmaceutical sectors are the latest industries to embrace its benefits.
[Column] Phylis Wakiaga: Protecting intellectual property rights to drive industrialization
In the 2017 Global Innovation Index, institutions that nurture and support the flourishing of innovation, regardless of whether it is research-based or not, were identified as critical to industrial growth.
Bring 'hidden' employee costs to light before the deal is done
While it's unlikely that a company changing hands would deliberately conceal any employee costs and liabilities from potential buyers, due to the buyer's unfamiliarity with the local employment landscape it is possible to miss some employee costs..
Investors hiring expats in Africa must demonstrate importance of skills - Bowmans Law Firm
East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are not displaced by imported skills.
South Africa constitution comes to the fore in North African cargo dispute
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
[Column] Leana Englebrecht: Swaziland Competition Commission requires payment of higher merger filing fees
In Swaziland, mergers are classified as either small mergers or large mergers.
[Column] Lana Jacobs: Cyber pirates threaten shipping security
Increased vessel automation, integration and digitization are the inevitable future of shipping, adding cyber-attacks to the usual concerns of ship-owners and insurers.
[Column] Betsie Strydom and Wandisile Mandlana: New tax measures to curb abuse of mining rehabilitation funds are a missed opportunity
The National Environmental Management Act, 1998 (NEMA) places the responsibility for remediating environmental damage, pollution or ecological degradation arising from mining operations on mining companies as the holders of prospecting or mining rights.
[Column] Lischa Gerstle: Foreign lenders should be aware of credit and loan requirements in South Africa
When a foreign lender advances a loan to a South African borrower (or its group members), the South African Exchange Control Regulations, the National Credit Act and the financial assistance section of the Companies Act are of key relevance.
[Column] Nick Altini: The dawn of an era in effective competition regulation in Africa
Roughly half of the African continent already has competition legislation in place, although some of these systems are not yet functional, and there are new systems coming into force all the time.
[Column] Jens Ischebeck: Is Kenya really an M-Learning Paradise?
M-learning, or 'Mobile Learning', has become increasingly popular in recent years with students participating in courses from all around the globe.
Norton Rose Fulbright to strengthen their presence in Africa
Global law firm Norton Rose Fulbright has announced a new Africa leadership group to help steer its acclaimed, Tier 1 Africa practice.
Bolloré Africa Logistics signe le contrat de concession du Terminal bois port de Douala
Bolloré Africa Logistics et le Port Autonome de Douala ont procédé à Douala, à la signature du contrat de concession du Terminal Bois du Port de Douala (TBPD).
Binance boosts its global law enforcement training programme to meet growing demand
The programme—the industry’s first coordinated effort across the globe—was created by Binance to help law enforcement and prosecutors detect financial and cybercrimes and to assist in the prosecution of bad actors.
Andersen Global broadens footprint in Ethiopia with tax firm HIMA
Led by Managing Partner Nabiyu Feto and founded in 2015, HIMA works closely with clients to provide comprehensive tax solutions for their business needs in the emerging Ethiopian market.
Andersen Global expands operations into Tanzania
Andersen Global continues to add depth to its Africa platform through a Collaboration Agreement with Tanzania-based law firm Lawhill and Co. Advocates.
Andersen Global expands into the Ghana market
Andersen Global has advanced its African coverage through a Collaboration Agreement with Ghana-based tax firm LIMA Partners.
Baker McKenzie appoints Lerisha Naidu as Johannesburg office managing partner
Leading global law firm Baker McKenzie announced that Lerisha Naidu has been appointed Managing Partner of the Johannesburg office.
Andersen Global expands into the Central African Republic
Andersen Global enters the Central African Republic with collaborating firm Rigo Parse Avocat, further extending its geographic coverage in the region.
BonelliErede cooperates with Libya's Zahaf & Partners to expand African footprint
Italian law firm BonelliErede, announced a cooperation with Zahaf & Partners, a Libyan law firm, to enable BonelliErede expand its presence in the country, thereby continuing on a path of strategic development
Andersen Global enhances African platform with additional coverage in Mali
Andersen Global has added complementary tax capabilities to its existing platform in Mali with collaborating firm Kanaga Consulting, reinforcing its commitment to provide clients with comprehensive coverage locally and globally.
TDB Group and ALSF sign agreement to build the capacity of public sector lawyers in Africa
The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the African Legal Support Facility (ALSF) have signed a Memorandum of Understanding (MoU) to cooperate on the development and delivery of capacity building training programs for public sector lawyers in Africa.
Andersen Global expands African footprint by opening office in Gabon
Andersen Global enters a Collaboration Agreement with Gabon-based tax firm Caudexco, further bolstering its foothold in the country and expanding its resources in the region.
Andersen Global enhances African platform with Cameroon-based collaborating firm
Phoenix Advisory includes Managing Partner Albert Désiré Zang and more than 10 professionals. The firm provides tax services to individuals, businesses and corporations based in Cameroon and other African countries.
Andersen Global expands into Botswana
Bolstering the organization’s footprint in Africa, Andersen Global enters a Collaboration Agreement with tax firm AccPro Accountants in Botswana.
La CPI conclut l'audience de confirmation des charges dans l’affaire Said
L'audience de confirmation des charges dans l'affaire Le Procureur c. Mahamat Said Abdel Kani s'est terminée devant la Chambre préliminaire II de la Cour pénale internationale (CPI) du juge Antoine Kesia-Mbe Mindua et de la juge Tomoko Akane.
Centurion Law launches flagship Africa Investment Guides in Nigeria
After extensive research and continuous development, Centurion Law Group has launched the Africa Investment Guides series in Nigeria, developed to serve as the African countries’ guide in reflecting and navigating through tough economic times.
UNESCO launches Portuguese version of its Toolkit for the Judiciary in Africa
UNESCO has launched the Portuguese version of its Legal Standards on Freedom of Expression: Toolkit for the Judiciary in Africa.
TalkCounsel introduces the gig economy in the Nigerian legal industry
As legal practice in Nigeria continues to grow in size and capacity, and considering the current state of the world, it is evident that a conflation of law and technology should take place.
[South Africa] DLA Piper appoints two Directors to Johannesburg office
DLA Piper announced the appointment of two Directors to its Johannesburg office, Tumisang Mongae, who joined the Litigation & Regulatory practice from 1 September 2021 and Sibonelo Mdluli, who joined the Corporate practice on 1 August.
Competition Tribunal approves Transaction Capital and WeBuyCars merger in South Africa
The Competition Tribunal of South Africa has unconditionally approved the large merger whereby Transaction Capital (TC), through its wholly owned subsidiary, Transaction Capital Motor Holdco (TCMH) will increase its shareholding in We Buy Cars.
Andersen Global partners with Payce Consulting to enhance Gambian foothold
Andersen Global continues its Africa expansion with the addition of collaborating firm Payce Consulting, adding dimension to the organization’s existing presence in The Gambia.
[Lesotho] Andersen Global enters collaboration agreement with Webber Newdigate Attorneys
Andersen Global extends its African presence through a Collaboration Agreement with one of Lesotho’s largest law firms, Webber Newdigate Attorneys, enhancing the organization’s coverage in the southern region of the continent.
[South Africa] Competition Tribunal approves sale of Sasol's16 air separation units to Air Liquide
Sasol announced that the Competition Tribunal approved its sale of 16 air separation units (ASUs) to Air Liquide, concluding the final outstanding suspensive condition from the agreement.
Law firm Al Tamimi & Company grows MENA footprint with new office in Egypt
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
ENSafrica expands exclusive WSG membership in Africa
World Services Group (WSG) announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
Andersen solidifies Africa platform
Following its rapid expansion in Africa, Andersen Global is now unifying its African member firms under the brand “Andersen.”
Andersen Global expands into Mauritius
Andersen Global further enhances the depth and breadth of its African platform through a Collaboration Agreement with Mauritius-based law firm Prism Chambers.
Global law firm DLA Piper announces leadership changes in Africa
Global law firm DLA Piper has appointed Peter Somekh as Managing Partner of its Africa practice.
Andersen Global expands coverage in South Africa
Andersen Global has enhanced its presence in South Africa through a Collaboration Agreement with full-service accounting and tax consulting firm SAB&T Business Consulting.
Andersen Global enters Libyan market
Andersen Global continues to reinforce its competitive edge in the African region through a Collaboration Agreement with full-service tax firm Kashadah & Co. in Libya.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here