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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%.
GE Vernova commits to support sustainable energy transition in Nigeria
Nigeria, one of Africa's economic powerhouses, faces a dynamic energy landscape characterized by a growing population, industrialization, and a rising demand for electricity.
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.
[Column] Frida Frans: The African Cup of Nations (AFCON) - A Beacon of Unity Amidst African Challenges
Hats off to the Elephants of Cote d'Ivoire for securing the trophy of the 34th edition of the Africa Cup of Nations. What a host! It was a fascinating month as Africans united on the field of play.
Toyota to open a vehicle manufacturing plant in Kenya
The agreement will see Toyota set up a vehicle manufacturing plant in the country. The company has committed an initial investment of Kshs 800 million in the Kenya Thika vehicle manufacturers.
Aramco expands global venture capital programme with $4 billion funds injection
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.
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.
Orange renews partnership with CAF to support African football
Orange has been a sponsor and exclusive worldwide telecommunications partner of the Confédération Africaine de Football since 2008, and today this long-standing partnership has been renewed with CAF.
Arab Coordination Group allocates $10 billion to support energy transition
This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries.
Arab Coordination Group pledges $50 billion for African development
The Arab Coordination Group (ACG) has announced that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent.
The building blocks of a trusted and popular betting website
In the ever-evolving realm of online betting, attracting and retaining users is a formidable challenge.
Sports betting myths and stereotypes. why are people so obsessed with gambling?
Today's gambling industry is full of myths and clichés. Incorrect information is a result of half-truths and information asymmetry.
How little things influence the whole outcome of the match
Many factors influence the results of the game. Some can be included in the analysis to make a correct forecast.
IFC invests $11.5 billion for Africa’s green transition and job creation
IFC made $11.5 billion in investments between July 1, 2022, and June 30, 2023, across 40 countries, the largest ever annual commitment for the continent.
ACWA Power signs deal with NREA for 10 gigawatts wind project in Egypt
ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a player in energy transition, has signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt.
Everything you need to know about playing slot machines
Slots are a favorite of gambling fans in both land-based and online casinos. They are pure fun and there are countless options of casino games to play.
The post-pandemic rise of gambling in South Africa
Their popularity has risen, especially when traditional sports were on hiatus due to the global pandemic.
[Column] Wayne Glossop: Gas power solutions for South Africa
While to date our society has been heavily reliant on coal, it's not able to keep pace with the energy and environmental aspirations of the nation currently.
The impact of player performance on team success
Football is a multiplayer game and the performance of each and every player decides the overall performance of the team. There is a huge impact of every player's performance on the success of the team.
The influence of sports betting on the African economy
Several stakeholders, including the dynamic African economy, have become winners in this fast-changing landscape.
Visit Rwanda signed a new deal
The Rwanda Development Board (RDB), through the Visit Rwanda campaign signed a Memorandum of Understanding with the Veteran Clubs World Championship where Rwanda will host the next three editions of the football tournament.
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.
Volvo delivers the first heavy electric truck to Africa
Deployment of heavy electric trucks is now spreading across the world. With Europe and the US among the leaders, the shift to more sustainable transport is kicking off also in other parts of the world. In Africa, the first heavy electric truck is now being delivered in the city of Rabat in Morocco.
[Nigeria Business Week] Andrea Ayemoba: Investors bet on fintechs, startups
The past couple of weeks have seen a flurry of activities in several sectors of the Nigerian economy. Startups are receiving increasing financial backing from VCs for the growith of SMEs.
Enquête de la BEI sur le climat en Côte d’Ivoire
91 % de la population ivoirienne interrogée estiment que les changements climatiques ont déjà des répercussions sur leur quotidien.
[East Africa Business Week] Bob Koigi: Accelerating sustainable and clean transport solutions
A bulk of East African countries’ electricity comes from renewables. Yet the region’s transport sector relies entirely on imported petroleum fuels.
[Column] NJ Ayuk: How Africa can capitalize on its mineral wealth to develop an electric vehicle value chain
As the entire global transportation marketplace marches toward an increasingly electrified and battery-powered future, many countries across the African continent stand at the threshold of profound economic opportunity.
[Interview] Dr. Mima Nedelcovych, Chairman, AfricaGlobal Schaffer
Dr. Mima Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer, a strategic consulting firm focused on project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa.
[Interview] Dr. Mima Nedelcovych, Président, AfricaGlobal Schaffer
Mima Nedelcovych est fondateur et président d'AfricaGlobal Schaffer, une société de conseil stratégique spécialisée dans le développement de projets, le financement de projets, la facilitation du commerce et les partenariats public-privé dans les pays en développement, et plus particulièrement en Afrique.
[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.
[East Africa Business Week] Bob Koigi: Region bets on bioeconomy to bolster growth
Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products.
[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.
[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: Clean energy gets funding amid inflation and trade deficits
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[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] 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: The 'ember' months performance review
The end of year (fondly referred to as ‘ember months’) tends to bring about anxieties of different sorts among Nigerians.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
[Startup Interview] Adedokun Muhammed-Ali Adedeji, Founder, Brightcloud Automobile, Nigeria
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.
[Column] Mathew Hall: Why off-grid solutions are starting to make more sense to South Africans
With load shedding back and disrupting day to day life, compounded by consumers feeling the 15% increase on their electricity bill, alternative sources of energy are starting to look more attractive to South Africans.
Eastern and Southern Africa's vast renewables potential offers route to sustainable growth, IRENA
Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow.
[Column] Andres Vega: Powerships: A solution for Africa’s energy short-term supply?
Energy poverty represents one of the most critical challenges for development in Africa. According to the International Energy Agency, in 2019, the continent had more than 580 million people without electricity access.
[Column] Titilayo Adewumi: Building greater sustainability, climate resilience in West Africa
Across Africa, urban centres are rapidly expanding as the continent’s large – and growing – youth population seek better fortunes in the city.
[Column] Charné Hundermark: South Sudan pursues a power sector revival
South Sudan is re-directing its focus on power sector development in a bid to dramatically transform its electricity market, which faces a deficit of approximately 170 MW and has led to one of the lowest electricity access rates globally.
[Column] Gaopalelwe Santswere: What the future hold for South Africa’s energy mix
South Africa relies on coal-fired power stations to produce approximately 90% of its electricity. Moving forward, the country's aim should be to reduce this percentage.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people.
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.
[Column] Emma Colenbrander: Is an Amazon for Africa’s “energy poor” in the making?
A majority of consumers in Africa still live off the grid, in what are commonly called "last-mile" communities.
New economic analysis for Malawi calls for efficient public investment management to improve service delivery in water and energy
Malawi faces an infrastructure investment gap in the energy and water and sanitation sectors of approximately $332 million per year due to limited fiscal space combined with weak public investment management and inefficient State Owned Enterprises.
[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?
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.
[Column] Toufik Khitous: How Egypt bets on renewables to meet expected energy demand surge
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?
[Column] Siyabonga Mbanjwa: Delivering sustainable energy across Africa in a more accessible and reliable way
The global Coronavirus pandemic has disrupted the operating environment for both the public and private sectors as a result of the unprecedented lockdowns and restrictions put in place by countries to curb infections.
[Column] Dr. Kevin Kariuki: The journey to electrifying Africa
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa, the Bank’s investments are set to provide electricity access to around 13 million people.
[Column] Verner Ayukegba: Africa’s energy transition must be African at heart and in practice
Africa is at an energy cross-road. On one hand, the most talented, better educated, most entrepreneurial and competitive generation the continent has ever had is rising.
The investment case for energy transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy.
[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] John Defterios: The global energy challenge and the answers that lie in renewable power
It is big, fast growing, with a young population and a middle class that is nearly as big as the entire U.S. population.
[Startup Interview] Wilhelmina Diop, Marketing Director, HelloSolar, Ethiopia
Wilhelmina Diop is investing her skills in Renewable Energy and Sustainable Development into providing rural communities in Ethiopia with affordable access to power, through the startup company, HelloSolar.
Ten developments that will shape Africa’s energy sector in 2019
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
[Kenya Business Week] US key investment target in Africa
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
[Column] Armando Da Silva: Why solar power is the obvious solution for South Africa
As South Africa kicks off the New Year with a lower petrol price and hopes for a constructive 2019, there are some looming problems that hinder the great spirit of the country.
[Kenya Business Week] Manufacturing, automation and job creation nexus
Even with mounting fears that rapid automation could reduce the number of jobs in the Kenya’s manufacturing sector, a new report posits that digital technologies can, in fact, boost job creation.
[Kenya Business Week] Flying into new opportunities
African countries have been pushing for an open skies agreement to make intra Africa trade and movement cheaper and faster.
[Column] Bob Koigi: Renewable energy lights the way for Africa
The growing appetite for energy in Africa despite unreliable hydro power has birthed renewable energy renaissance.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.