News
43% of employees in META region afraid of losing job due to lack of digital skills, report
09-14-2023 | 13:56:00Among 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%).
[South Africa] Financial Sector surpasses the National Average as Data Breach Costs Reach R73.1 Million
07-31-2023 | 08:09:57The 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
07-31-2023 | 07:59:00Nigeria 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
06-29-2023 | 15:31:00Cyber-attacks on Kenyan businesses increased by 82 percent according to a cybersecurity report released by Liquid C2, a business unit of Liquid Intelligent Technologies.
Safaricom profits decline to Ksh.52.48 billion
05-11-2023 | 11:59:00Kenya’s leading telco Safaricom profits stood at Ksh.52.48 billion in the full year ended March 2023, down from Ksh.67.49 billion recorded in the previous period.
Africa had more than 270 million mobile apps users as of December 2022, report
05-11-2023 | 08:17:00As of December 2022, the total number of monthly active users of mobile apps in Africa exceeded 270 million, a 14% increase compared to the beginning of the year.
Kenya lost Ksh 3.6 billion to cyber criminals in 2022, report
04-17-2023 | 07:58:00Kenya’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.
Pop culture is the biggest influencer of African youth, report
02-06-2023 | 09:19:00Pop culture is the biggest influencer of African youth, according to the Who is Influencing Who? Unpacking Youth and Influence in Africa report.
Low-carbon investments to rise by $60b in 2023 as inflation weakens, hydrogen and CCUS spending to surge, Rystad Energy
01-17-2023 | 10:05:00Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and CCUS infrastructure, Rystad Energy research shows.
New study confirms €1 trillion Africa’s extraordinary green hydrogen potential
12-21-2022 | 14:38:00Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water.
Perennial rice incorporates African wild rice genes and halves production cost, study
11-21-2022 | 12:50:00The global population was projected to reach 8 billion by 15 November 2022, according to the UN’s recently-released World Population Prospects 2022.
The next Mark Zuckerberg could come from Africa, report
11-16-2022 | 13:33:00Africa’s youth prefer using local innovations and believe that the next tech billionaire could come from the continent, according to the recently launched Africa – innovator or imitator? Exploring narratives around Africa’s technological capabilities report.
New WorldRemit data shows families around the world spend 156% of monthly income on Christmas
11-16-2022 | 13:17:00Families around the world can expect to spend up to 156% of their monthly income on Christmas this year, according to the latest results from the WorldRemit Cost of Christmas study.
New study shows $100 billion in climate change adaptation investment opportunities in Africa by 2040
11-11-2022 | 08:56:00Private investment opportunities to support climate change adaptation against floods and droughts in Africa could reach a total of $100 billion by 2040, according to a new IFC study.
Study shows digital tools can help farmers in Africa fight climate change, but need more help from government
11-08-2022 | 12:57:00African farmers urgently need government support to increase their use of digital tools. This is according to a new survey conducted by Savanta ComRes, commissioned by Vodacom.
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[Interview] Dr. Mohamed El Sahili, PDG, Hôpital Medland, Zambie -
[Column] Rene McGregor: How to find the story in a business’s data and then action it -
[Column] Roger Long: Divergent trends in property values across Africa -
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[Survey] Threats and Opportunities for African Business in 2020 and beyond -
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Finance for renewables in developing countries on the rise, IRENA highlights
Features
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
03-14-2023 | 14:56:36Dr. 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
03-14-2023 | 14:56:36Le 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.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
03-14-2023 | 14:56:09Given 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
03-14-2023 | 14:56:05Instant 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
03-14-2023 | 14:56:04Africa 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
03-14-2023 | 14:56:04The 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
03-14-2023 | 14:56:03Nigeria’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
03-14-2023 | 14:55:59The 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
03-14-2023 | 14:55:57It'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
03-14-2023 | 14:55:54The 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
03-14-2023 | 14:55:51The 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
03-14-2023 | 14:55:37The 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
03-14-2023 | 14:55:22L'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
03-14-2023 | 14:55:20British-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
03-14-2023 | 14:55:09Africa’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.