tagresults
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
Canon and MindMe International partner to empower Kenyan youth through creative storytelling
This collaboration aims to empower marginalized communities through sustainable development, with a focus on fostering positive change in young individuals' lives.
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
Vodacom, Safaricom hit 200 million subscribers
Vodacom Group’s subscriber base including Safaricom has now surpassed 200 million for the first time, having previously achieved 100 million customers in 2018.
15% of companies in the Middle East, Turkiye, Africa region do not train employees on IT
According to Kaspersky’s Business Digitization survey, only 29% of companies surveyed in the Middle East, Turkiye, and Africa (META) region organised training on cybersecurity for their employees.
[Vacancy] Africa Business Communities is looking for a talented junior journalist
Due to continuous expansion of the operation, Africa Business Communities is seeking for A talented junior journalist
[South Africa] Ninety percent of CEOs are waiting for GenAI to move past the hype, report
Seventy-one percent of global executives surveyed say they plan to increase tech investments in 2024—an 11-point jump from 2023—and even more (85%) plan to increase their spending on AI and GenAI.
23% of companies in the META region suffered from malicious actions by staff, report
A Kaspersky study found that in the past two years, 78% of companies surveyed in the META region have faced cyber incidents in different forms, 23% of which were caused by deliberate malicious behaviour by employees
CAF concludes extensive global TV-Broadcast agreements
CAF concludes extensive global TV-Broadcast agreements ahead of the kick-off of the TotalEnergies Africa Cup of Nations Côte d’Ivoire 2023.
[Free Webinar] For Marketing Experts, CFOs and Business Expansion Strategists
Verto, a global financial technology firm that enables businesses of all sizes to access enterprise grade cross-border payments, FX and banking solutions, has announced its first webinar for the year 2024, taking place on the 18th of January.
47% of companies in the Middle East, Turkiye, Africa region plan to outsource cybersecurity, report
Company bosses are boosting their cybersecurity following an alarming increase in cyberattacks, a new study commissioned by Kaspersky has found.
Generative AI skills gap slowing down AI adoption EMEA region, report
Organisations in the EMEA region plan to embrace AI solutions but are slowed by a generative AI skills gap. This is according to a new report released by hybrid multi-cloud computing provider Nutanix.
Retailers are struggling to deal with ransomware attacks, Sophos report
After surveying 3,000 IT/cybersecurity leaders in organizations with between 100 and 5,000 employees (including 355 from the retail sector), across 14 countries in the Americas, EMEA and Asia Pacific Sophos found that only 26% of retail organizations this past year were able to disrupt a ransomware attack.
75% of healthcare organisations lose data to ransomware attacks, Sophos report
Cybercriminals successfully encrypted data in nearly 75% of ransomware attacks on healthcare organisations. This is according to the The State of Ransomware in Healthcare 2023 report released by cybersecurity firm Sophos.
Kenyan consumers remain optimistic, but financial worries weigh heavy, report
According to TransUnion’s Consumer Pulse Study, one of the significant factors contributing to the decrease in household income was job loss, with 30% of consumers reporting that someone in their household lost their job over the past month.
Kenya among top countries receiving most DDOS attacks amid ongoing geopolitical unrest
Kenya has been listed among the top five countries hit by distributed denial-of-service (DDoS) attacks in the first half of 2023. Other countries include France, Germany, Italy, and Saudi Arabia
[South Africa] Companies acknowledge inadequate budgets to address the root cause of breaches, J2 Software survey
A recent survey revealed that 58% of organisations believe their budgets allocated to manage insider risks are insufficient to effectively mitigate the increasing costs and frequency of security incidents instigated by individuals within the organisation.
Global ad company Entravision enters into a global partnership with Pinterest
Entravision, a global advertising solutions, media and technology company serving clients across more than 40 countries, has entered into an international sales partnership with Pinterest, the visual inspiration platform.
80% of SMEs in South Africa project similar or increased revenue in 2023, Mastercard report
From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in South Africa are projecting similar or increased revenues in 2023.
Mobile threats in the Middle East, Turkiye, Africa region rise in Q2 2023
The number of mobile threat detections particularly in the Middle East, Turkiye, and Africa region increased by 5% in Q2 2023 compared to Q2 2022.
Ghanaian actress, Yvonne Nelson, joins top YouTube MCN, Age Africa
Yvonne Nelson is the latest signee of Age Africa Agency, the top multi-channel network for YouTube creators, brands, publishers and artists in Africa responsible for the growth and management of YouTube channels.
[Interview] Yvonne Nelson, Actress and Entrepreneur, Ghana
Yvonne Nelson is a renowned Ghanaian actress and producer who has led a life filled with significant moments that illuminate her remarkable characteristics as a human being. Africa Business Communities interviews with her.
[Ghana] Actress Yvonne Nelson relaunches Heels & Sneakers TV series on YouTube
After seven years of launching the Heels and Sneakers drama series on TV, actress Yvonne Nelson’s YN Productions has relaunched the series on YouTube with a captivating plot twist.
43% of employees in META region afraid of losing job due to lack of digital skills, report
Among those who think they are most likely to lose their job because of the lack of digital skills within the next 5 years are department heads (29%) and top managers (15%).
Nigeria's captivating canvas: The interplay of "Big Brother Naija" and HFM's influence
Augmented by the robust partnership with HFM (HF Markets), BBNaija beautifully articulates Nigeria’s heartbeat across various dimensions.
[South Africa] Financial Sector surpasses the National Average as Data Breach Costs Reach R73.1 Million
The average data breach cost for South African organizations reached R49.45 million in 2023 – an all-time high according to the IBM Security annual Cost of a Data Breach Report.
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of electronic bank transfers, speed of processing invoices and payment automation.
Kenya experiences 82% increase in cyber-attacks, Liquid C2 Cybersecurity Report
Cyber-attacks on Kenyan businesses increased by 82 percent according to a cybersecurity report released by Liquid C2, a business unit of Liquid Intelligent Technologies.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that gained significant networking and communication skills through her extensive travels and appearances at international conferences and trade shows.
CMSWire Connect Conference | Austin, Texas | May 10-12
CMSWire CONNECT is the premier event for professionals in digital customer experience, content management, and enterprise collaboration. This dynamic conference features top-notch speakers such as Ice-T, Scott Galloway, Sean Albertson and others.
Kenya lost Ksh 3.6 billion to cyber criminals in 2022, report
Kenya’s losses to cyber criminals reached Ksh 3.6 billion (USD 36 million) in 2022, compared to Nigeria and South Africa where they are nearly tenfold at Ksh 50 billion (USD 500 million) and Ksh 57 billion (USD 570 million) respectively.
[Vacancies] Africa Business Communities wants to work with Freelance Sales Managers, PR Managers and Marketing Managers in Nairobi, Kenya
[Vacancies] Africa Business Communities wants to work with Freelance Sales Managers, PR Managers and Marketing Managers in Nairobi, Kenya
FIFA President Gianni Infantino re-elected by acclamation at historic FIFA Congress
Gianni Infantino will serve a second term as FIFA President after being re-elected unopposed to lead global football’s governing body for another four years, during the 73rd FIFA Congress in Kigali, Rwanda.
[ChatGPT Biography] Jason Njoku, Founder iROKOtv
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Interview] Ismail Akwei, Speaker, YouTube Creators Festival
Ismail is among the speakers at The YouTube Creators Festival, a three-day convention that will bring all content creators across the region to engage, educate and inspire in the global YouTube community.
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
Dr. Mohamed El Sahili is the Chief Executive Officer of Medland Hospital, Zambia. As a medical doctor and entrepreneur, Dr. Sahili also serves on the board of key economic international organizations like the African Business Roundtable, the American Chamber of Commerce, Zambia, Olympic Youth Development Center and the Africa CEO Forum.
[Interview] Dr. Mohamed El Sahili, PDG, Hôpital Medland, Zambie
Le Dr Mohamed El Sahili est le directeur général de l'hôpital Medland, en Zambie. En tant que médecin et entrepreneur, le Dr Sahili siège également au conseil d'administration d'organisations économiques internationales clés, telles que l'African Business Roundtable et l'American Chamber of Commerce.
Les marques de distributeurs et les emballages personnalisés essentiels pour redéfinir la perception des marques "Made in Africa".
Les biens et produits fabriqués en Afrique sont souvent perçus comme étant de qualité inférieure à ceux d'autres pays. Redéfinir cette image est essentiel pour accroître la compétitivité des fournisseurs africains, tant au niveau local qu'international.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
Private Labels, Custom Packaging Key to Redefining Poor Perception of ‘Made in Africa’ Brands
Goods and products manufactured in Africa are often perceived to be of inferior quality compared to those from other countries. Redefining that image is key to increasing the competitiveness of African suppliers both locally and internationally.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Nigeria Business Week] Andrea Ayemoba: Crude industry facts underlining the Nigerian economy
The Nigerian stock market indicators have shown lately a typical pattern in stock markets – investors stay loyal to the resilient stocks.
[Nigeria Business Week] Andrea Ayemoba: Experts point toward startup management for local productivity
Nigeria’s crown jewel, oil and gas, has been in a state of mild disrepair for several months now. There’s an ongoing fuel scarcity situation that is intensifying by the day and causing a ripple effect in every aspect of daily life.
[Nigeria Business Week] Andrea Ayemoba: Domestic savings, capital formation meet infrastructure demands
The Federal Government is taking huge strides to strengthen the infrastructure and agriculture industries in Nigeria.
[Column] Rene McGregor: How to find the story in a business’s data and then action it
It's broadly understood that a data literate person can read, understand, communicate, argue and apply insights from data.
[Column] David Culver: A city apart, Beijing steels itself for the Winter Olympics
Landing in Beijing right now is like entering a fortress. At the Capital International Airport – the only port of entry permitted for athletes, Games personnel, and media – all Olympic participants will be kept totally apart from the general population.
[Nigeria Business Week] Andrea Ayemoba: Economic conditions returning to pre-pandemic levels
The startup movement has picked up pace in Nigeria over the last decade, with the government and responsible agencies ramping up efforts in motivating the burgeoning industry.
The best ways to build your business brand and increase sales
What is business branding, how does it increase sales, why should you create a brand for your small business? These are some of the questions this article aims to answer.
[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology
The one thing the current global pandemic has unilaterally effected in all nations is a rearrangement of priorities, both for people and for governments. Survival elements – food and healthcare – have taken lead position.
[Column] Roger Long: Divergent trends in property values across Africa
The onset of the COVID-19 pandemic not only affected people and communities, but also impacted commercial property values across the world. This report looks at the effect of the pandemic on property values in Africa.
[Interview] Stephan Eyeson, fondateur et PDG, Survey54
L'entrepreneur Britanique-Ghanéen, Stephan Eyeson, est actuellement PDG et fondateur de la société panafricaine de collecte de renseignements sur les consommateurs, Survey54.
[Interview] Stephan Eyeson, Founder & CEO, Survey54
British-Ghanaian entrepreneur, Stephan Eyeson, is current CEO and Founder of pan-African consumer intelligence gathering firm, Survey54.
[Vacancies] Africa Business Communities wants to work with freelance Business and Tech Journalists, Bloggers
Africa Business Communities is looking for Freelance Business and Tech Journalists, Bloggers in Nigeria | South Africa | Ethiopia | Uganda | Ghana
Rystad Energy analysis shows Africa’s renewable energy capacity is set for consecutive years of growth
Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows.
[Africa Business Panel] 6 percent of African Business Professionals expect their companies not to survive the Covid-19 Crisis
About 2/3 of the African companies (62%) say they are struggling but will survive. Almost a third of companies (29%) say they are doing well and the near future is looking good
[Survey] Threats and Opportunities for African Business in 2020 and beyond
As a valued member of Africa Business Communities, we invite you to participate in this a survey to better understand the impact of COVID19 on the current economy in general and within specific industries, but also look at the near future
New analysis shows onshore wind potential across Africa enough to power the entire continent many times over
Developing Africa’s huge onshore wind energy potential can boost its transition to affordable and reliable clean energy. For the first time ever, wind and solar made up the majority of the world’s new power generation in 2019.
Finance for renewables in developing countries on the rise, IRENA highlights
Global finance to developing countries in support of clean and renewable energy reached $21.3 billion in 2017, which almost doubles the level from 2010 when international financial flows were at $10 billion.
[Interview] James Hunt, Vice President, Creative & Marketing Lead, CNN International Commercial
CNN International Commercial Vice President and Marketing Lead James Hunt discusses strategies the company has put in place while working with brands to remobilize as they adapt to the new world order.
[Startup Interview] Ancel Bwire, CEO, Ancywax, Uganda
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development.
[Startup Interview] Josephine Pretorius, Founder, Consolidated Marketing Services, South Africa
Josephine Pretorius is the founder and CEO of Consolidated Marketing Services, CMS, a South African startup offering marketing and PR services to clients predominantly in the energy and power infrastructure sector.
[Startup Interview] Mathias Pwol, CEO, Trillaman Studio, Nigeria
Mathias Pwol is the CEO and producer of Trillaman Studio, an entertainment and media startup based in Lagos Nigeria.
[Interview] Cajetan Boy, CEO, Et Cetera Productions, Kenya
Cajetan Boy is the CEO of Et Cetera Productions, a Kenyan based film production company.
[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] Isaac Korir: Winning the war on fake news
Fake news remains a topical hot potato. Some say that winning the war against it is a losing battle.
[Column] Tini Sevak: Trust, reliability and relevance are at the heart of today’s news consumers
Marketing has existed for as long as people have had something to sell, but the modern era - with the advent of traditional and then digital media - has transformed consumers’ relationships with products.
[Interview] Mary Njoku, Director General, ROK Film Studios, Nigeria
Nigerian Film and Entertainment Studio, ROK, was recently acquired by French media giant, CANAL+. Mary Njoku, the leader of ROK, talks to Africa Business Communities about the aquisition and what it means for the African entertainment industry.
[Startup Interview] Boluwa Olojo, Marketing Officer, Go Ads Africa, Nigeria
Boluwa Olojo joined the startup Go Ads Africa as its Chief Marketing and Sales officer, telling the company story and selling its products.
[Column] Victor Oladokun: African sports as a business and a brand
At the ongoing Africa Cup of Nations in Egypt, the visual imagery of almost empty stadiums is a powerful narrative. But not the kind that African sports, African football, or corporate sponsors deserve.
[Column] Ellana Lee: What CNN's investment in telling the African story represents
Africa and CNN’s reporting across the continent has been a longstanding and essential component to the success of the network since CNN International launched in 1985.
[Interview] Esther Dumbiri, Managing Director, SHTL Publishing, Nigeria
Esther Dumbiri put her talent with words and colors to good use by starting a publishing firm over a decade ago, a firm that has grown in leaps and bounds.
[Nigeria Business Week] Industries partner to reach common goals
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
[Startup Interview] Job Mutai, Co Founder, New Age Media, Kenya
Job Mutai is the Co Founder and the Creative Director of New Age Media agency, a marketing, communications and media company based in Nairobi, Kenya.
[SA Business Week] Opening businesses to the world, growing markets
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
[Kenya Business Week] Cementing bilateral relations with South Africa, China
As Kenya continues to cement its position as East Africa’s economic powerhouse, it has been on a charm offensive targeting African and global public and private players.
[SA Business Week] Naspers breathe new life into startups, filmmakers train eyes West
The tech startup fever has been spreading across the globe like bush-fire and Africa has not been left out in this bandwagon. More and more people are entering into the tech space because technology never gets old and new inventions keep evolving.
[SA Business Week] Blockchain to curb Cape Town water issues, taxi operators get a boost
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
Your complimentary report: Lessons learned from Africa's massive data breach
Cybercrime has dominated South Africa’s news headlines throughout the course of 2018, as one high-profile attack follows another on an almost monthly basis
[SA Business Week] Key sectors appointments and a busy air route
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
[South Africa] Pink tax causes financial pain
Basic toiletries, grooming products, medical screenings and haircuts are some of the items that see women spending hundreds to thousands of rands more than their male counterparts.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.
[Startup Interview] Renaldo Bothma, Managing Director, HomeFixer, South Africa
Renaldo Bothma is a professional rugby player and founder of a new app, Homefixer, an app to help fix any household related issue at the push of a button.
[Column] Gilbert Saggia: Data - the fertilizer that will feed Africa's agricultural transformation
Everywhere we look, technology is being touted as the enabler of a new era of African agricultural prosperity. The exciting world of possibilities offered by blockchain, IoT and machine learning has made companies, governments and policy-makers sit up.
[Column] Benjamin Coetzer: Combating cloud’s biggest security risk - the user
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.
[Vacancy] Freelance African Tech Journalist
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
[Interview] Ibijoke Maxwell, Host/Executive Producer, The JoMaxwell Show, UK
Ibijoke Maxwell is the Nigerian/British host of the Jo Maxwell Show, a show designed to give exposure to the African community in the UK media.
[Interview] Adisa Amanor-Wilks, Founder, Abjel Communications, UK
Adisa Amanor-Wilks is an international journalist and communications professional with over 17 years’ experience. She is founder of Abjel Communications, a media and public relations agency keen on positioning Africa on the global stage.
Nigerians seek next level shopping experience - Nielsen findings
Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers, modern trade formats like Supermarkets and Hypermarkets are stepping up to fulfil the needs of consumers.
AfricaCom 2017 | 7-9 November | Cape Town | Register for free
Get your free AfricaCom visitor ticket and join the biggest gathering of Telecoms & Technology enthusiasts on the continent.
[Startup Interview] Tope Hassan, Founder, ISOKO Africa, Nigeria
Tope Hassan is known as an African Tourist, bootstrapping through African nations to discover African Brands & Entrepreneurs. She founded ISOKO Africa a year ago as a dedicated media outlet for African brands.
[Startup Interview] Nena Okeke, Founder, Tai-tas Insperasa, Nigeria
Nena Okeke is synonymous with resilience and diversity. Having set up her startup in 2008, it took her six years to see it finally up and running.
[Column] Tony Elumelu: Demystifying African Business Myths
Though the story line on Africa has progressed – it is no longer about “saving” Africa, but how best to promote investments in Africa – there is still work to be done to tackle inaccurate information about Africa that persists in mainstream media.
Africa Press List - African journalists and bloggers empowered
As a digital B2B publisher, Africa Business Communities is dedicated to Africa Business News and to connecting Africa business professionals and entrepreneurs with each other.
[Column] Frances Okosi: The rise of renewable energy across Africa
The extent of the power deficit across Africa is well documented and increasing electricity generation across the continent is the focus of a number of initiatives at both national and supra-national level.
Africa presents a mixed foreign direct investment picture - EY Africa Attractiveness report
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
[Interview] Jonathan Bloch, CEO, Africa Financial & Economic Data
In response to the ever growing need for information and market analyses, Jonathan Bloch founded the Africa Financial & Economic Data, providing a library of intelligence on African economic markets.
Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.
Share this article
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
.png)
[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