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African healthtech shows resilience with mere 2% decline in funding while broader tech ecosystem plunges in 2023, report
22-02-2024 | 14:21:00
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
19-02-2024 | 07:28:00
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
05-02-2024 | 11:49:54
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
01-02-2024 | 09:45:00
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.
[South Africa] Ninety percent of CEOs are waiting for GenAI to move past the hype, report
15-01-2024 | 08:19:00
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
11-01-2024 | 08:19:00
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
47% of companies in the Middle East, Turkiye, Africa region plan to outsource cybersecurity, report
30-11-2023 | 13:07:00
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
13-11-2023 | 10:56:00
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
09-11-2023 | 14:52:00
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
06-11-2023 | 07:18:00
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
30-10-2023 | 14:59:00
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
30-10-2023 | 08:13:49
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
23-10-2023 | 15:08:00
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.
80% of SMEs in South Africa project similar or increased revenue in 2023, Mastercard report
02-10-2023 | 08:25:00
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
28-09-2023 | 15:10:00
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.
43% of employees in META region afraid of losing job due to lack of digital skills, report
14-09-2023 | 13:56:00
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%).
[South Africa] Financial Sector surpasses the National Average as Data Breach Costs Reach R73.1 Million
31-07-2023 | 08:09:57
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
31-07-2023 | 07:59:00
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
29-06-2023 | 15:31:00
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.
Kenya lost Ksh 3.6 billion to cyber criminals in 2022, report
17-04-2023 | 07:58:00
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.
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
14-03-2023 | 14:56:36
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
14-03-2023 | 14:56:36
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.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
14-03-2023 | 14:56:09
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
14-03-2023 | 14:56:05
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
14-03-2023 | 14:56:04
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
14-03-2023 | 14:56:04
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
14-03-2023 | 14:56:03
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
14-03-2023 | 14:55:59
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
14-03-2023 | 14:55:57
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
14-03-2023 | 14:55:54
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
14-03-2023 | 14:55:51
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
14-03-2023 | 14:55:37
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
14-03-2023 | 14:55:22
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
14-03-2023 | 14:55:20
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
14-03-2023 | 14:55:09
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
14-03-2023 | 14:55:05
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
14-03-2023 | 14:55:04
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
14-03-2023 | 14:55:04
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
14-03-2023 | 14:55:02
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] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
14-03-2023 | 14:54:22
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
[Nigeria Business Week] Industries partner to reach common goals
14-03-2023 | 14:53:42
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
Your complimentary report: Lessons learned from Africa's massive data breach
14-03-2023 | 14:53:28
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
14-03-2023 | 14:53:24
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
14-03-2023 | 14:53:18
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
14-03-2023 | 14:52:55
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
14-03-2023 | 14:52:54
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
14-03-2023 | 14:52:34
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
14-03-2023 | 14:52:30
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.
Nigerians seek next level shopping experience - Nielsen findings
14-03-2023 | 14:51:49
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.
[Column] Frances Okosi: The rise of renewable energy across Africa
14-03-2023 | 14:51:20
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
14-03-2023 | 14:51:13
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
14-03-2023 | 14:51:12
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
14-03-2023 | 14:51:11
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.
Casablanca and Nairobi rank leading destinations for Fortune 500 companies establishing international headquarters
14-03-2023 | 14:51:11
The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.
[Column] Brett Parker: Between East & West, Africa's economic transformation will create a third centre of global power
14-03-2023 | 14:51:11
What a difference a century makes. If we stepped back in time to a hundred years ago we'd find a primitive China; a Middle East that had yet to discover the riches of oil and most of Southeast Asia consisted of countries that were barely distinguishable from medieval societies.
Economic growth in East Africa remains strong despite drought - Report
14-03-2023 | 14:51:10
East Africa's economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report.
[Column] Jaco Lotz: Growth in middle class drives private education boom in Africa
14-03-2023 | 14:51:08
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.
The Global Gig Economy and its Implications for African Digital Workers - Professor Mark Graham
14-03-2023 | 14:51:05
Oxford professor Mark Graham, addressing the 4th UNI Africa Conference in Dakar, Senegal, warned of the danger of ‘parasitic capitalism’ where digital companies give little back to the places where they are embedded and platform workers are left to fend for themselves.
[Column] Mariam Abdullahi: Africa’s mobile revolution: strategic focus areas for telcos in 2017
14-03-2023 | 14:51:04
Despite on-going economic challenges and some tricky regulatory issues, Africa is fast approaching the 1bn mobile subscriptions landmark. The continued rollout of 3G and 4G networks, as well as an influx of low-cost smartphone
[Column] Jens Ischebeck: Edtech - A growth area for Africa
14-03-2023 | 14:51:02
EdTech is the use of digital education technology to facilitate teaching and learning. It’s a rapidly expanding sector with enormous potential. Providers around the world are now incorporating education technology into their delivery strategies.
Samsung emerges Africa’s most admired brand
14-03-2023 | 14:50:59
African Business magazine in partnership with Brand Africa, Brand Finance, GeoPoll and Kantar TNS has released the results of the Top 100 brands in Africa.
[Interview] Debbie Goodman-Bhyat, CEO Jack Hammer, South Africa
14-03-2023 | 14:50:59
CEO of South African executive search firm Jack Hammer, Debbie Goodman-Bhyat, discusses the growing shift from expat hire to local executive leadership in African organizations.
Pop culture is the biggest influencer of African youth, report
06-02-2023 | 09:19:00
Pop 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
17-01-2023 | 10:05:00
Spending 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.
Perennial rice incorporates African wild rice genes and halves production cost, study
21-11-2022 | 12:50:00
The 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
16-11-2022 | 13:33:00
Africa’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
16-11-2022 | 13:17:00
Families 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 | 08:56:00
Private 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
08-11-2022 | 12:57:00
African 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.
Data sovereignty in EMEA is a concern for the majority, multi-cloud research reveals
20-10-2022 | 11:22:00
By 2024, 95% of organisations across EMEA will be looking to their data as a revenue driver, with 46% recognising it as a significant source of revenue, up from 29% today.
Digital fraud coming from Kenya drops by 27% in Q2, TransUnion report
29-09-2022 | 12:30:00
The rate of suspected digital fraud attempts from Kenya in Q2 2022 decreased by -27% compared to the same period last year, compared to a -14% decline shown globally.
Woolpert aligns geospatial companies and resources to form Woolpert Africa
12-09-2022 | 15:11:25
Woolpert has integrated the staff, resources and local experience of its two geospatial companies in Africa, Southern Mapping Company and AAM, to form Woolpert Africa.
[Kenya] Over 14 000 users encountered browser extension threats in the first half of 2022, report
18-08-2022 | 10:37:00
In the first half of 2022, more than 14 000 users in Kenya were affected by threats, hiding in browser extensions, at least once, which is over 59% of the number of users affected by the same threat throughout the whole of 2021.
Backdoor computer malware in Africa skyrocketed in the second quarter of 2022, Kaspersky
17-08-2022 | 11:06:00
According to Kaspersky Security Network data for corporate users, the number of backdoor computer malware detected in Q2 2022 in South Africa, Kenya and Nigeria increased significantly compared to the previous quarter.
Families around the world to pay up to 57% more on school supplies this year, WorldRemit
17-08-2022 | 09:54:00
WorldRemit announced the results of its 2022 Cost of School study , observing how the changing macroeconomic environment has affected the true cost of education across 21 markets globally.
Exploit detections in Africa decreased by 16% in Q2 2022, report
11-08-2022 | 10:57:00
According to Kaspersky Security Network data, the number of exploits detected in Q2 2022 in Africa decreased compared to Q1 – company’s security solutions have detected 149,211 cases in April-June 2022.
4 out of 5 Africans say recent developments in African technology has changed how they view the continent, report
11-08-2022 | 08:23:00
A new report that includes the surveyed opinions of 4,500 Africans from Kenya, Nigeria and Ghana has revealed that the recent wave of technology innovation coming out of Africa is changing how Africans view the continent.
MEA Smartphone Shipments Decline 7.8% YoY in Q2 2022 on Macro Headwinds
08-08-2022 | 15:36:22
Smartphone shipments in the Middle East and Africa (MEA) region fell 7.8% YoY and 10% QoQ to 38 million units in Q2 2022, according to the latest research from Counterpoint’
Internet shutdown cases decrease by 14% in the first half of 2022, report
04-08-2022 | 14:39:00
Africa has been one of the most affected by internet censorship by the proportion of the population in the past 7 years. 8 out of 10 Africans have felt internet and social media shutdowns.
Phishing and scams hit the roof with 234% increase in number of detections in Africa in Q2 2022, report
04-08-2022 | 09:41:00
Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in Q2 2022 in comparison with the previous quarter.
In Africa, 63% jump in diseases spread from animals to people seen in last decade, WHO
18-07-2022 | 15:12:00
Africa is facing a growing risk of outbreaks caused by zoonotic pathogens, such as the monkeypox virus which originated in animals and then switched species and infected humans.
Travel and tourism jobs in Nigeria to double over the next decade, WTTC
04-07-2022 | 11:25:00
The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in Nigeria is expected to create 2.6 million new jobs over the next decade, doubling the number of those employed within the sector by 2032.
Kenya’s growth expected to slow in 2022 due to ongoing drought and Ukraine crisis, World Bank report
08-06-2022 | 15:19:00
Kenya’s real gross domestic product (GDP) is projected to grow by 5.5 percent in 2022 and 5.2 percent on average in 2023–24. This growth rate, while still strong, will be a moderation following a remarkable recovery in 2021 from the effects of the pandemic.
Trellix Report sees Escalation of Cyberattacks Targeting SA Sectors
02-05-2022 | 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
20-04-2022 | 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
05-04-2022 | 12:06:00
Ethiopia has earned $2.52 billion from eight-month exports, the Ministry of Trade and Regional Integration related
FactSpace West Africa and AW Free Foundation partner to tackle misinformation
25-03-2022 | 10:24:00
FactSpace West Africa has entered into a partnership with AW Free Foundation to expand the fight against misinformation, disinformation, fake news and propaganda across Africa.  
South Africans should expect higher interest rates this week, say economists
22-03-2022 | 11:29:00
The South African Reserve Bank is likely to hike interest rates by a further 25 basis points this week to 4.25% in an attempt to slow inflation, say economists.
[Egypt] Garment exports record 54% increase in January 2022
14-03-2022 | 10:58:00
Head of the Apparel Export Council of Egypt, Marie Louise, revealed that garment exports recorded a remarkable growth in January 2022, with a 54% increase to reach $204m, compared to $132m in January 2021.
30% of S&P Global 1200 Companies are successfully executing digital rransformations, report
10-03-2022 | 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
Every third banking malware attack in 2021 was directed at corporate users, report
28-02-2022 | 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
24-02-2022 | 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.
Gas output from Sub-Saharan Africa set to double by 2030, driven by deepwater developments, Rystad Energy
24-02-2022 | 09:27:00
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in 2021 to 2.7 million boepd in 2030 due to vast undeveloped deepwater resources.
Tanzania, World Bank sign $650m credit pacts for education and land
22-02-2022 | 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
08-02-2022 | 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
08-02-2022 | 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
03-02-2022 | 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.
CEO optimism hits 10-year high – three-quarters expect a stronger global economy in 2022, PwC Survey
20-01-2022 | 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.
More than a third of clinicians across META have had their patients’ data compromised, Kaspersky
13-01-2022 | 14:16:00
Global Kaspersky research unveils that 37% of healthcare providers across the META region have experienced cases where their employees compromised customers’ personal information during remote consultations.

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