Dangote industries lists N300bn series 1 and 2 Bonds on Nigerian Exchange
The Group Chief Executive Officer, Dangote Industries Limited, Mr Olakunle Alake has expressed delight upon the completion of the listing of the firm’s N300bn series 1 and 2 Bonds on Nigerian Exchange Limited, commending the depth of capital market.
South African Competition Tribunal approves Heineken acquiring control of Distell and Namibia Breweries
In November 2021, Heineken announced its intention to acquire control of Distell and Namibia Breweries Limited (‘NBL’), which were to be combined with Heineken South Africa (‘HSA’) into a new Heineken majority-owned business (Newco).
Africa CDC hosts the review of vaccine manufacturing ecosystem in Africa
Africa Centres for Disease Control and Prevention (CDC) hosts lead partners of Partnerships for African Vaccine Manufacturing (PAVM) for review of vaccine manufacturing ecosystem in Africa.
[ChatGPT Biography] Eric Kinoti, founder of Shade Systems
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.
[ChatGPT Biography] Manu Chandaria, Founder of Comcraft Group
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
[ChatGPT Biography] Ashish Thakkar, Founder Mara Group
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.
[ChatGPT Biography] Vimal Shah, CEO of Bidco Africa
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. We publish the results unedited.
[ChatGPT Biography] Aliko Dangote, Founder of Dangote Group
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. We publish the results unedited - just to learn and see what Artificial Intelligence can bring us in its rapid development.
[Column] Anthony Mwangi: Why Kenya needs a stable and predictable tax regime
The importance of predictable and stable policies in driving the realization of a country’s socio-economic goals cannot be over emphasized.
[Column] Rajan Shah: Proposed EGMS Tax hike threatens Kenya’s economic growth
The Kenya Revenue Authority (KRA) has proposed an increment of excise duty which as Kenya Association of Manufacturers (KAM) are deeply concerned about.
[Column] Anthony Mwangi: Let’s tackle illicit trade head on
The recent crackdown on various forms of illicit goods revealed the extent to which criminal networks have proliferated in our nation and posed a threat to the lives and safety of all citizens.
[Column] Anthony Mwangi: Reinvigorate Kenyan textiles and apparel sector to create jobs
This might surprise you, but Kenya is one of the global suppliers of big fashion brands in America.
[Column] Anthony Mwangi: How Kenyan manufacturing sector can contribute 20 per cent to the GDP by 2030
Competitiveness is our ability to sustainably produce goods and services for which there is a market – at a price and quality that the market is willing to pay for.
[Column] Goodie M. Ibru: What the AfCFTA brings to the table in Africa
The trade and investment layout of the African Continent is a story of both promise and missed opportunities. With a population of over 1.2 billion, Africa promises a huge and promising market.
[Column] Anthony Mwangi: Why Kenya’s inflation adjustment should not be implemented
The Plan demonstrates the government’s deep understanding and commitment to developing sustainable solutions for all. KAM remains committed to working closely with Government to transform the economy.
[Column] Mary Ngechu: Placing women at the center of development discourse works
Any conversations around increasing our competitiveness as a country without looking at women’s involvement are echoes in a hollow chamber. This is no longer a ‘good conversation to have’; it is an urgent measure that needs to be taken.
[Column] Rajan Shah: Transforming Kenya through a competitive manufacturing base
Since the beginning of the year, the business community witnessed a hesitation by many investors before embarking on new projects or expanding on existing ones. The decision-making process by the government also stagnated as the nation awaited the election of new leaders.
[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.
[Column] Bob Koigi: Kenya business community’s expectations of the new government
Kenya’s incoming government following the just concluded elections takes office amid ballooning public debt, chronic drought, COVID-19 effects, inflation, unemployment and the impacts of global shocks that have buffeted the nation.
[Column] Tobias Alando: Driving the business community’s participation in skills training
The ever-evolving trends in sectors such as manufacturing, technology, automation and climate change are changing the world of work, and together with it, the skills required to adapt and maintain a competitive edge.
[Column] Tobias Alando: Key learnings from the waste management journey
The perception of waste as an unwanted material with no intrinsic value has dominated attitudes towards proper waste disposal. Yet, waste is a critical resource with the potential to transform the lives of Kenyans through the creation of jobs and wealth.
[Column] Tobias Alando: Securing our future: the path to net-zero
Accelerating the transition to energy efficiency and conservation is one of the surest ways of securing the future of our planet for generations to come. This is because, energy is at the heart of climate change.
Masterclass sur la préparation des projets de l'African Business Roundtable Séminaire Web gratuit, 27 juillet
Après des discussions avec diverses institutions de conseil et d'investissement, et afin d'attirer davantage les investissements vers les projets, le secrétariat de l'African Business Roundtable, en association avec Afreximbank, a conçu le "Project Preparation Masterclass"
[Nigeria Business Week] Andrea Ayemoba: Nigeria battles odds to maintain productive economy
According to the International Monetary Fund, Nigeria is being pushed to the brink by inflation. Banks however, one of the pillars of the economy, have remained in good standing.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
[Column] Job Wanjohi: Why the Kenya National Automotive Policy is a big win for the manufacturing industry
Over the years, Kenya has carried out significant reforms geared towards improving the business environment and driving competitiveness.
[Column] Tobias Alando: What Kenya’s Intellectual Property Recordation Programme means for manufacturers
The growth in international trade, advances in technology, and changes in trading methods have come with new challenges that call for advanced strategies to effectively and efficiently combat illicit trade.
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.
[Nigeria Business Week] Andrea Ayemoba: Government, Industries move to expand women enterprise
With plunging profits in its prized sector, oil and gas, and an ever-climbing inflation, Nigeria is increasingly turning to what most of the world has been blind to – the potential of women in business.
[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
[Column] Andy Tomkins: Remanufacturing, the missing link in recycling
Many businesses and individuals are making an active effort to reduce environmental impact, especially by aligning with the concept of the circular economy.
[Column] Phyllis Wakiaga: Why good governance is critical for Kenya’s prosperity
Government plays two key roles in an economy – regulatory and promotional/development roles. The regulatory role entails formulating and implementing various direct and indirect measures to monitor and regulate the economic activities of the private sector.
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.
[Column] Phyllis Wakiaga: Role of productive jobs in improving quality of life
The growth of productive jobs by manufacturing means that many people will be able to support their dependants and live quality lives with access to basic amenities such as healthcare, education, clean water and food.
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: An economic overview for Q1
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Column] Phyllis Wakiaga: Innovation in training key to economic growth
Skills are integral to the continuity of any business, more so in the global economy. Specifically, competitive skills are key to industrializing our nation. T
[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.
[Column] Phyllis Wakiaga: Erratic tax changes detrimental to Kenyan economic prosperity
Whereas the government relies on the various forms of taxes as a major source of revenue, unfriendly fiscal and taxation policies harm businesses.
[Column] Mary Ngechu: Making space for the next generation of women in manufacturing
Pivotal moments in history have brought manufacturing to where it is today, and women have played an important part in the sector’s evolution over the years.
[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.
[Interview] Kishan Singh, CEO, MetPacSA, South Africa
Kishan Singh is the CEO The Metal Packaging Association of South Africa (MetPacSA) a not- for profit organization that seeks to position the South African metal packaging industry as a key contributor to sustainable development principles.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Column] Phyllis Wakiaga: Policies must reflect commitment to climate change mitigation
Over the last few years, Kenya has embarked on a rigorous campaign designed to restore and conserve the environment. The country has recorded remarkable progress on this front.
[Column] Billy Tsuma: Fiscal instability is hampering recovery and driving away investors
For any investor, the most important factor to consider when choosing an investment destination is policy stability and predictability. These two aspects earn investors’ trust and build confidence. What happens when the business environment is highly unpredictable and unstable?
[Column] Phyllis Wakiaga: Energy Reforms: A catalyst for an emerging economic powerhouse
The discourse on energy sector reforms is not unique to manufacturers but Kenyans at large, as many grapple with the high cost of electricity and frequent power outages.
[Column] Mucai Kunyiha: Why local manufacturing should matter to political candidates
The election fever in Kenya is already palpable as more government officials resign to join politics.
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
The East African community continues to live up to its billing as a prime investment destination for investors.
[Nigeria Business Week] Andrea Ayemoba: Q3 stats show industries thriving, strong investor confidence
Nigeria earns every week its place as Africa’s largest economy. While subject to the typical ups and downs any market is expected to have, its mere size guarantees a general continuity of business operations even in the face of a spiraling inflation trend.
[Column] Phyllis Wakiaga: Fix Kenya's road construction challenges
When it comes to a country’s socio-economic development, an efficient transport system is indispensable. For instance, roads enable citizens to access critical services such as health and education, as well as ensure that they are able to access their businesses.
[Column] Phyllis Wakiaga: Why Kenya should implement local content policies to steer growth
Businesses continue to be exposed to a constant creation and review of policies, which is tedious and costly. One of the reasons for this is poor structures and reception by institutions that have been put in place to ensure that these policies are of benefit to the people of Kenya.
[Column] Phyllis Wakiaga: Ease regulatory burden for SMEs
They contribute to communities’ unique identities and are the lifeline of any country’s economy, through job creation and as a stepping stone to achieving shared prosperity.
[Column] Phyllis Wakiaga: Government policies must support a flourishing local industry
There is a sense of pride, for a country and its citizens, in attaining self-sustenance and economic independence. Central to this is a competitive local industry, producing goods for its domestic and export markets.
[Column] Phyllis Wakiaga: Why goodwill is essential for lucrative trade relations
Whilst Kenya and Tanzania have for years shared strong trade relations, non-tariff barriers, high cost of production and cheap imports from outside the East Africa Community (EAC) region have impacted trade between the two countries.
[Column] Bobby Johnson: High cost of inputs hurting steel sector
The demand for steel is increasing in the country, as government-driven infrastructural development, and commercial and residential buildings surge.
[Column] Phyllis Wakiaga: Sustainable manufacturing key for environmental restoration
Sustainable Development Goals (SDGs). Indeed, if the past year is anything to go by, the need to restore the planet has been underscored by the ensuing consequences of the COVID 19 pandemic.
[Column] Phyllis Wakiaga: Safeguarding consumers from illicit trade
Illicit trade is a longstanding issue, growing in scope and magnitude and derailing economic development. It not only threatens the welfare of consumers but also erodes the market share of genuine manufactured products, threatens the expansion of industries, and hampers the creation of job opportunities.
[Column] Phyllis Wakiaga: Invest in women entrepreneurs to improve livelihoods
The resilience of women in entrepreneurship and business does not go unnoticed. It is their agility to overcome archaic beliefs and tough situations that have proven their worth.
[Column] Phyllis Wakiaga: Kenya tax policies need an overhaul
The only way a nation can succeed in bridging the relationship gap between its citizens and the government – enriching the quality of our democracy and reducing apathy – is through the institution of efficient and fair tax systems.
[Column] Phyllis Wakiaga: Building momentum to mitigate climate change
Global leaders, young people and even students are now talking about it. Companies on the other hand are thinking about how they can reduce their carbon footprint and their operations’ impact on the environment.
[Column] Phyllis Wakiaga: Regulatory overreach is impeding economic growth
Naturally, regulations are a prerequisite for any nation or institution. When effectively implemented, they create an enabling environment for competitiveness by enforcing fair business practices
[Column] Phyllis Wakiaga: Promoting local production will lead to regional industrialization
The establishment of an effective Common External Tariff in the East Africa region will lead to the exponential growth of the manufacturing sector.
[Column] Phyllis Wakiaga: Nurture technical skills to revolutionize manufacturing
Countries all over the world have prioritized manufacturing in their economic rebound strategies, following the adverse effects of the COVID-19 pandemic.
[Column] Quinton Swart: Why boxed water is better? Thinking inside of the box when it comes to packaging water
Packaged water in South Africa is a growing market, commonly bottled in polyethylene terephthalate (PET) plastic. While this material is recyclable, more than half of plastic waste is not recovered, most of it ending up in landfill or in waterways.
[Column] Rajan Shah: Is Kenya AfCFTA-ready?
For many, the Africa Continental Free Trade Area was a manifestation of the long sought-after Pan African dream – a united continent, bringing together its natural resources in a common market, to the benefit of its people.
[Column] Phyllis Wakaiga: Increasing participation of women in the manufacturing sector
The increased participation of women in manufacturing is the inevitable change we need to achieve our industrialization goals.
[Column] Phyllis Wakiaga: Promoting sustainability through energy efficiency and conservation
Energy Efficiency might sound like ‘ Board Room speak’ to many, but what is it really?
[Column] Phyllis Wakiaga: Why Kenya must involve the youth in its development
We have a great advantage in Kenya as a nation of young, vibrant and highly creative youth.
[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
Protecting trade in Nigeria, how DFIs are responding to COVID-19
With the COVID-19 pandemic continuing to devastate economies around the world, Africa is set to experience its first recession since the 1990s, threatening to undo two decades of growth and development.
[Column] Phyllis Wakiaga: Tailor-made solutions to ensure SMEs survival amidst COVID-19
For many small businesses who are navigating these difficult times, they will testify to the fact they keep being bombarded with the word, ‘Adaptation’.
[Column] Phyllis Wakiaga: Public-private partnerships are key in combating illicit trade
Illicit trade has a detrimental impact on the substantial growth of legitimate business in the country.
[Column] Phyllis Wakiaga: Kenya economic recovery is anchored on saving lives and securing livelihoods
The International Labour Organization (ILO) highlights that protection of workers and their families from the risk of infection should be a top priority for all economies at this time.
[Column] Sachen Gudka: Ease liquidity for Kenya businesses to attain a strong rebound
Up to 81 per cent of local manufacturers have stated that they are hopeful that they will hold steady through the pandemic and continue to play their role in creating wealth and productive jobs for all citizens.
[Column] Paulo de Matos: What manufacturers can do now to maintain continuity in the new normal
Manufacturers and distributors are operating in intensely pressured times. Stats SA reported that manufacturing output contracted for the ninth consecutive month in February of 2020.
[Column] [Column] Phyllis Wakiaga: Home-grown solutions are key for sustainable development
Necessity is the mother of all inventions. We are witnessing an increase in innovations as the world races to develop a vaccine to treat COVID-19.
[Column] Bob Koigi: Of coronavirus crisis and the silver lining for Africa
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
[Column] Phyllis Wakiaga: Collective action needed to fix Kenya’s wastewater today for a cleaner tomorrow
With manufacturing being one of the pillars of the President’s Big Four Agenda – which aims to increase manufacturing’s contribution to GDP to 15 percent – the country is likely to see the accelerated establishment of new industrial facilities.
[Column] Phyllis Wakiaga: Incentivizing waste management is the way to go
The need to invest in new avenues of social income has become the driving force for new inventions in waste management.
[Column] Sachen Gudka: It is time for Kenya to capitalize on its export potential
Pursuing export-led industrialization puts a country in a sustainable socio-economic development path.
[Column] Phyllis Wakiaga: Regional integration within EAC is a key driver of trade
For years, trade has proven to be a key driver of economic growth for many countries across the globe. Trade has also been the fuel for driving regional integration for continents of the world.
[Column] Sachen Gudka: Growing manufacturing SMEs from local value chains to global market players
The increased attention on SME growth both at a national and global scale, points to a reckoning that the future of business hinges on their success.
[Column] Sachen Gudka: Illicit trade is a threat to Kenya; we must tackle it head-on
The recent move by Central Bank of Kenya to introduce the new generation currency notes has once again shone a spotlight on the grave subject of the illicit economy.
[Column] Phyllis Wakiga: Effective Kenya budget implementation critical to jumpstarting the manufacturing sector
A sound national budget is one that supports other essential instruments of Government policy to turn ambitions and plans into reality.
[Column] Phyllis Wakiaga: Leveraging on youthful innovations to promote circular economy
Across the world, youth innovations are driving significant change.
[Column] Phyllis Wakiaga: SMEs critical in attaining Kenya’s manufacturing dream
The key boon of manufacturing is that it absorbs large swaths of workers and places them into productive and decent paying jobs.
[Column] Phyllis Wakiaga: What does the future hold for the East African Market?
As far as trading blocs go, the European Union (EU) has been a global case study of turning a free market into a common market.
[Column] Ochuko Keyamo: Engaging the private sector to eliminate malaria
Malaria has a devastating impact not only on the health and wellbeing of people across Africa and around the world, but also on economic growth and stability.
[Column] Sachen Gudka: Kenya counties must focus on attracting investments
The idea behind the decentralization of Government into devolved units was a noble one. Its main intent was to ensure that each and every Kenyan citizen can have an equal chance at living a productive quality life.
[Column] Phyllis Wakiaga: Kenya’s tax policies must be built to nurture and expand businesses
Taxation is a key element in cost of doing business and hence should be designed to optimize growth of industry and increase overall competitiveness.
[Column] Sachen Gudka: What Kenya needs to kick-start her economy
In 1965, a tiny country in Asia was expelled by its ‘Mother Country’. At its point of departure from the Federation of Malaysia, Singapore, a 580-square Kilometer Island, had no natural resources.
[Kenya Business Week] Competition, customer service drive expansion binge
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
[Column] Sachen Gudka: Tracking Kenya Big Four Agenda’s performance
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
[Column] Phyllis Wakiaga: Kenya’s focus on SMEs is a welcome Intervention
50 per cent of all new Kenyan jobs are estimated to come from medium and large companies, despite them constituting only 20 per cent of all firms in the manufacturing and services sectors.
[Column] Tobias Alando: Leveraging on regional blocs to spur industrial growth
The core of any economy is the ability of economic agents to convert inputs – capital, labour, energy, raw materials and purchased services – into useful products.
[Column] Phyllis Wakiaga: Why Kenya needs a sector-specific approach to boost manufacturing
With Kenya’s ambitious target to grow the manufacturing sector by 36% every year until 2022, isn’t it time we focus on radical customized solutions for tangible results?
[Column] Sachen Gudka: Why Kenya’s port effectiveness is crucial for growth of industries
It is quite telling that presently, the port of Mombasa is losing a chunk of Rwanda’s business to Dar es Salaam Port.