News

Trellix Report sees Escalation of Cyberattacks Targeting SA Sectors

05-02-2022 | 08:31:00
Cybersecurity firm Trellix has released its Threat Labs Report: April 2022, examining cybercriminal behaviour in South Africa over the last six months.

[Morocco] Prime Minister estimates 1.5% GDP growth in 2022

04-20-2022 | 13:22:50
Morocco’s GDP growth is seen averaging between 1.5% and 1.7% in 2022, down from the 3.2% that was predicted in the budget law.

Ethiopia's export earnings show 20% increase

04-05-2022 | 12:06:00
Ethiopia has earned $2.52 billion from eight-month exports, the Ministry of Trade and Regional Integration related

30% of S&P Global 1200 Companies are successfully executing digital rransformations, report

03-10-2022 | 07:38:00
A new cadre of companies—traditional businesses that are successfully executing digital transformations—are outperforming their peers and shaping up to compete with digital natives

44% of businesses in the META region don’t protect their full IoT suite, report

03-03-2022 | 08:58:00
A recent Kaspersky report revealed that in two-in-five businesses (44%) in the META region, some parts of their IoT infrastructure are yet to have any protection.

Every third banking malware attack in 2021 was directed at corporate users, report

02-28-2022 | 10:21:00
According to Kaspersky’s new Financial cyberthreats in 2021 report, attacks are becoming increasingly corporate rather than consumer focused.

Increased investment in agribusiness, energy and housing could grow Uganda’s economy, IFC - World Bank report

02-24-2022 | 09:37:00
A report published by the IFC and the World Bank found that Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment in its agribusiness, energy, and housing sectors.

Tanzania, World Bank sign $650m credit pacts for education and land

02-22-2022 | 12:02:00
The government of Tanzania and the World Bank have signed two concessional loan agreements worth $650 million (about Sh1.501 trillion) for the improvement of education and land administration systems.

Nigeria registers highest mobile web traffic at 83%, StockApps.com reveals

02-08-2022 | 12:02:00
As smartphones have become the norm worldwide, they have also replaced desktops as the preferred mode of accessing the internet. According to the numbers presented by StockApps.com, 54.86% of global web traffic came through mobiles.

13 million people facing severe hunger as drought grips the Horn of Africa, WFP reports

02-08-2022 | 10:31:00
The Horn of Africa is experiencing the driest conditions recorded since 1981, with severe drought leaving an estimated 13 million people across Ethiopia, Kenya, and Somalia facing severe hunger in the first quarter of this year.

Study estimates prevalence of undiagnosed HIV in children in sub-Saharan Africa

02-03-2022 | 11:57:11
Over the past two decades, important progress has been made in implementing services to prevent mother-to-child (vertical) transmission of HIV and to access and uptake of HIV testing for infants and children in countries with a high HIV burden.

2022 InsurTech Trends: Anti-fraud analytics booms as cyber war rages

01-31-2022 | 12:03:00
Fraud and analytics and AI leader SAS. The State of Insurance Fraud Technology study reveals that 80% of insurers use predictive modelling to detect fraud, up from 55% in 2018.

88% of children in Kenya are interested in Information Technology, report

01-20-2022 | 14:50:00
88% of young respondents in Kenya find the IT area interesting. Moreover, 86% of them would like to work in the IT space in the future.

CEO optimism hits 10-year high – three-quarters expect a stronger global economy in 2022, PwC Survey

01-20-2022 | 12:42:56
CEOs continued to face pressure generated by the ongoing COVID pandemic and market conditions such as rising inflation, supply chain disruptions and the ‘Great Resignation’ in parts of the world including Africa.

16% of Kenyan adult internet users in Kenya own cryptocurrency, report

01-17-2022 | 07:18:00
Finder’s Cryptocurrency Adoption Index has now ranked Kenya 12th for cryptocurrency ownership out of 27 countries surveyed. It revealed that 16% of Kenyan adult internet users, an estimated 4.8 million people in Kenya own cryptocurrency.
 
Features

[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment

05-13-2022 | 11:52:00
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.

[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum

04-28-2022 | 13:22:00
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: Crude industry facts underlining the Nigerian economy

03-31-2022 | 12:39:00
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: Persistent shortages and inflation call for new measures

03-24-2022 | 14:13:00
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: Experts point toward startup management for local productivity

03-10-2022 | 12:25:00
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

02-24-2022 | 12:49:00
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

02-22-2022 | 11:11:23
It's broadly understood that a data literate person can read, understand, communicate, argue and apply insights from data.

[Nigeria Business Week] Andrea Ayemoba: Economic conditions returning to pre-pandemic levels

02-10-2022 | 12:28:00
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.

[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology

01-27-2022 | 13:04:00
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

10-25-2021 | 16:02:00
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

04-09-2021 | 11:57:00
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

03-30-2021 | 12:06:00
British-Ghanaian entrepreneur, Stephan Eyeson, is current CEO and Founder of pan-African consumer intelligence gathering firm, Survey54.

Rystad Energy analysis shows Africa’s renewable energy capacity is set for consecutive years of growth

02-08-2021 | 10:50:11
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

02-08-2021 | 10:50:00
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

New analysis shows onshore wind potential across Africa enough to power the entire continent many times over

10-01-2020 | 10:47:00
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.