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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.
[FINTECH EVENT] Verto Atlas Product Launch, Lagos Continental Hotel, 29 February
Verto extends this invite to an exclusive, fireside gathering at the prestigious Intercontinental Hotel Lagos, as it unveils Verto Atlas, the financial powerhouse for large corporations and enterprises in Nigeria.
IFC, Proparco and MIGA back Kasada to support Kenya’s hospitality sector
The financing package includes an $11 million loan from IFC and an $11 million parallel loan from Proparco. In addition, MIGA will provide $27.5 million in political risk insurance to the project.
Plexus Africa Finance collaborates with Altair Consultancy on housing and infrastructure projects in West Africa
The collaboration may also extend to include other nations on the African continent, based on project requirements.
[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.
[Open Webinar, Feb 1 2024] Cross-Border Finances: Enhancing Commodity Trade Across Africa
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
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.
Shelter Afrique Development Bank launches affordable housing credit guarantee programme in Nigeria
The innovative financing structure has begun with the first pilot transaction of ₦aira three billion (₦3 Billion) debt financing guarantee for Modern Shelter Systems and Services Limited under a comprehensive affordable housing program.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
[EVENT] Verto FX partners with UBA Kenya to launch Verto Atlas
Join us for an exclusive event launch, as we unveil Verto Atlas, the financial powerhouse for large corporations and enterprises in Kenya, hosted by Verto on Thursday 23rd November.
IFC announces support for UNEP-GlobalABC buildings breakthrough target
IFC will become the first private sector-focused development financial institution globally to endorse the Buildings Breakthrough Target via its two climate innovations:
Western Australia to host 24th WTTC Global Summit after Kigali
During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Kigali, Western Australia was announced as the host for 2024, marking the first time the event will visit Oceania.
SODIC expands in Egypt with the addition of two luxury hotels
Underpinned by SODIC's extensive expertise and reputation, Nobu's introduction into Egypt will anchor two of SODIC's developments – Cairo in the New Zayed area and a coastal development on the North Coast.
[Networking Event] One Africa | Leadership Development Program
One Africa Co-Founder Jan van Betten will be in Nairobi on Wednesday 30 August to discuss the One Africa Leadership Program with CEOs. You are invited to join!
CPS and African School of Economics join forces to establish University and Research Labs in Fumba Town
CPS to announce its partnership with the African School of Economics (ASE), spearheaded by Prof Leonard Wantchekon, the esteemed President and Founder.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that gained significant networking and communication skills through her extensive travels and appearances at international conferences and trade shows.
INC. Networking Event | Johannesburg South Africa | 13 June 2023
INC. Networking offers an exclusive networking event for entrepreneurs and business people who are serious about building profitable, engaged and sustainable business relationships across the globe
Baron & Cabot Launches a portal to support the expansion of local real estate agencies in Africa
Baron and Cabot, a UK-based international real estate firm has launched a game-changing concept – a UK property portal that is offering a strategic expansion plan for real estate agencies in Africa.
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.
[ChatGPT Biography] Samih Sawiris, Founder of Orascom Development
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.
[Column] Natasha Koli-Muhire: Housing financiers have vital role in promoting housing recovery post disaster
Many countries have constitutions that recognize the right to accessible and adequate housing and to reasonable standards of sanitation under their Bill of Rights. This right to adequate housing is critical more so within the context of disasters.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[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.
[East Africa Business Week] Bob Koigi: Bolstering integration with Tripartite Business Council
In a historic move for the integration process, The East African Business Council, COMESA and SADC Business Council recently launched and formed the African Tripartite Business Council.
[Interview] Mahad Ahmed, Founder, AME Trade, United Kingdom
Mahad Ahmed is Founder and CEO of Ame Trade Limited. He is also a member of the African Business Roundtable and an an established expert in the Consulting and Events Services industries.
[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] Muhammad Gambo: The Russia – Ukraine conflict and its impact on the built environment industry in Africa
The imminent food crisis resulting from the war is the topic du jour. However, there are other sectors to consider; one of them is the Built Environment.
The Africa Trade Expo (TATE) | Virtual Conference and Trade Show
The Africa Trade Expo (TATE) presents direct access to African buyers whose main aim is to source the latest products, establish partnerships, and conclude import/export deals.
[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.
[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.
[Column] Roger Long: Divergent trends in property values across Africa
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.
[Column] Babatunde Oyateru: Africa should rethink business models for impact and sustainability
Is the corporate goal of an organisation solely to return a profit to its shareholders, or should it be purpose-driven and respond to wider societal needs at the expense of robust profits?
[Interview] Victoria Nannozi, CEO, The Association of Real Estate Agents, Uganda
The Association of Real Estate Agents, AREA-Uganda, is an umbrella institution of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Uganda that have key interests in real estate agency/brokerage.
[Column] Victor Oladokun: Africa's lockdown nightmare
Across Africa, affordable housing is in acute short supply. It is one of the reasons why lockdowns and social distancing during the COVID-19 pandemic are unimaginable and unsustainable.
[Startup Interview] Oluwatosin Dada, CEO, Dadus Properties, Nigeria
Oluwatosin Dada is the CEO of Dadus Properties, a Nigerian real estate startup of property development and management consultants.
[Interview] Anne Wambui Gaitha, CEO, Regal Africa, Kenya
Anne Wambui Gaitha is an investment and financial services professional. She founded Regal Africa in 2015. Located at Top Plaza, 4th floor, Kindaruma Road, Kilimani, Nairobi, the company provides diverse financial services in East Africa.
[Column] Samuel Kariuki: East African real estate investors discover the working class
The last 20 years of real estate boom in East Africa has changed our building landscape and inventory, as it quite rightly should have done.
[Kenya Business Week] No to robots in banks
Even as Kenya continues to record impressive penetration of technology, a section of citizens still prefer the brick and mortar services and are still apprehensive about embracing new innovations among them machine intelligence.
[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] 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.
[Kenya Business Week] Leveraging the blue economy wave to boost national purse
Kenya has this week successfully hosted the first global conference on blue economy that brought together over 16,000 delegates.
[Kenya Business Week] Cementing bilateral relations with South Africa, China
As Kenya continues to cement its position as East Africa’s economic powerhouse, it has been on a charm offensive targeting African and global public and private players.
[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.
[Kenya Business Week] Fertilizer shortage and the ripple effects
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
[Kenya Business Week] Towards affordable housing
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
[Kenya Business Week] Tackling illicit financial flows
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya
[Kenya Business Week] Gauging regional growth through Kenya’s prism
As one of East Africa’s big brothers in economic growth and development, Kenya has this week continued to attract praise and investment with its landmark investments delivering impressive payoffs.
[Interview] Reuben Kimani, CEO, Username Investment, Kenya
Reuben Kimani is an engineer, ICT professional and currently the CEO of Kenyan Real Estate company, Username Investment.
[Interview] Peter Tole, Co-Founder and Director, Land LayBy Real Estate, Kenya
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.
[Startup Interview] Oladunmade Otitoola, Founder, RentYourHall, Nigeria
Oladunmade Otitoola, an entrepreneur and beneficiary of the Tony Elumelu Entrepreneurship Program in 2016, is founder of RentYourHall, Nigeria. Africa Business Communities poses him some questions on development of the startup.
Reshaping the future of real estate for African cities
Researchers predict that in 2030, Lagos, Cairo and Kinshasa will each have to cater for over 20 million people, while Luanda, Dar es Salaam and Johannesburg will have crossed the 10 million mark.
Roads & Corridors East Africa 2017 | 20-21 June Nairobi, Kenya
Governments across East Africa are set to change transportation and trade development by investing in the expansion and rehabilitation of existing roads, the creation of new road links between key cities and cross-border connections
The Kenyan real estate market and the introduction of Real Estate Investment Trusts
The past decade has seen significant growth in most key sectors of the Kenyan economy, thanks to a vibrant private sector and the ever-increasing foreign appetite for investments in Africa.
WeWork and SiSebenza announce franchise partnership in South Africa
The deal also grants SiSebenza exclusive rights to grow and operate the WeWork franchise in Ghana, Kenya, Mauritius and Nigeria.
Investment firm Rogers Group targets East and Southern Africa for exponential growth
For companies like Rogers, which are listed on the Official Market of the Stock Exchange of Mauritius (SEM), the pursuit of international growth opportunities is a key lever for increasing their presence in markets with high potential.
[Kenya] CMA facilitates engagement to create a Kenya National Real Estate Investment Trust
The affordable housing progamme will be executed under the Sanduku Investment Initiative which will also include infrastructure. KNR will register all REITS for the development of affordable housing and infrastructure through Special Purpose Vehicles.
Music In Africa Foundation and Goethe-Institut for the development of African creative Industry
The fund aims to accelerate development and increase the capacities of practitioners in the region
Hivestack and RE/MAX of Southern Africa activate the world’s first programmatic digital out of home anamorphic campaign
The campaign was activated for RE/MAX of Southern Africa, the leading global real estate franchisor via their agency Mark1 targeting audiences at the iconic Victoria & Alfred (V&A) Waterfront in Cape Town via V&A appointed media owner, Innovocean.
[Kenya] CMA approves listing of LAP Trust Imara Income Real Estate Investment Trust
This listing by introduction gives Laptrust the platform to build investor confidence in its brand through transparency and disclosure, a track record of performance and compliance with regulatory requirements.
Property investment company Baron and Cabot to help South Africans buy low interest rate property in the UK
As of 2022, rising inflation has become a shared trend in Africa. Global supply disruptions caused by the COVID-19 pandemic and Russia’s invasion of Ukraine are some of the major factors responsible for inflation
World’s tallest timber apartment tower to be built in Zanzibar
The design of the mixed-use apartment and commercial building, in a playful beehive style with breathtaking ocean views, was unveiled to the public in Muscat, Oman on 1 October.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque africaine d'import-export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
DLA Piper launches inaugural survey of In-House Lawyers in Africa
DLA Piper Africa, in partnership with The Legal 500, has published its inaugural WIN (What In-house lawyers Need) Insights Report for Africa and associated Benchmarking Report.
Nigeria pays $7.15 million for additional stake in Shelter Afrique
The Additional stake now takes Nigeria's shareholding to 15.8%, one-percentage point behind top shareholder Kenya, which currently stands at 16.85%.
Jobomax, Sankofa announce joint venture pilot housing project in Ghana
Sankofa Capital, a Philadelphia-based Real Estate Development Company and Jobomax Global, West Africa's most trusted homebuilder, announced a joint venture pilot housing project in Ghana.
Sotheby's International Realty opens first office in Egypt
Sotheby's International Realty announced the opening of Egypt Sotheby's International Realty, signifying the brand's second office in Northern Africa and its 206th office in the EMEIA region.
Square Seven organizes "Egypt Living" exhibition in Canada
Ali Abdel Ghaffar, CEO and founder of Square Seven, highlighted that organizing this exhibition comes within the framework of integration with the government's strategy to expand exporting real estate abroad and helping real estate companies access to clients outside Egypt.
WPO supports the creation of ‘NaijaStar’, the packaging award from Nigeria
WPO, the Institute of Packaging Professionals Nigeria launched the first edition of ‘NaijaStar Awards for Packaging Excellence’ during the graduation ceremony of the one year Diploma in Packaging Technology course, in Lagos.
Marvel Group launches Egyptian Property Market exhibition
Egypt’s marketing company Marvel Real Estate intends to launch first edition of Egyptian Property Market (EPM) EXPO on 19 May.
Envol City joins Basketball Africa League as official partner
The Basketball Africa League (BAL) and Envol City announced a multiyear partnership that makes Envol City an official partner of the BAL and the league’s Country Partner in Senegal.
Les start-up de Orange Fab Burkina Faso sont connues
Asass Africa, FasoLegal, OKALM, E-Pari sont les start-up de la saison #1 d'accélération de Orange Fab Burkina Faso
Le Cameroun se prépare à participer à la mission économique de l'OIF
Le Cameroun se prépare à participer à la mission économique de la Francophonie au Rwanda et au Gabon en juillet 2022.
La trente-deuxième session de la Conférence régionale pour l’Afrique se tient en Guinée équatoriale
Le Directeur de la FAO ouvre la Conférence régionale pour l’Afrique à l’heure où la crise de la faim connaît une aggravation.
CCAC welcomed Senegal as a new partners during 10th anniversary celebration
CCAC and Partners are forging ahead to implement tested solutions to achieve critical climate and clean air goals by 2030 with $11 million in new funding for the CCAC and Global Methane Pledge implementation and welcomed new Partners.
Government to pilot 3D-printed houses in South Africa
The Department of Science And Innovation (DSI) is piloting the use of 3D-printed homes to help address South Africa’s housing shortfall.
RED announces the first alliance of real estate marketers in Egypt
RED has prepared an extensive study on the needs of the real estate market, as well as the relationship between the real estate marketer, the real estate developer and the client.
Al- Futtaim Group Real Estate partners with Misr El Khair Foundation to develop villages in Upper Egypt
The initiative aims to provide sustainable development activities in different areas in the village of Mansheyah Al Dahab Al Qblyah in Minya, Upper Egypt throughout the year.
Tanzania, World Bank sign $650m credit pacts for education and land
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.
Knight Frank Kenya appoints Mark Dunford as new Managing Director
Real estate management firm Knight Frank Kenya, has appointed Mark Dunford as the new Managing Director.
[Egypt] New El Alamein city sees $4bn investments, housing minister
Projects involved in Egypt’s new El Alamein city have raised 62 billion Egyptian pounds ($4 billion) to date, the minister of housing, utilities and urban communities said.
Homes & Villas by Marriott International launches in South Africa
Homes & Villas by Marriott International announced that almost 300 exclusive Cape Town, Johannesburg and Durban homes have been added to the platform.
[Tanzania] World Bank approves $150m to aid land systems
The World Bank has approved $150 million in financing to strengthen Tanzania’s land administration system and increase tenure security for at least two million land holders, users and their families.
Holcim and CDC Group unveil Africa’s largest 3D-printed affordable housing project in Kenya
A new neighbourhood in a Kenyan town is to spring into existence in record time thanks to a world beating 3D printing technology.
Abu Dhabi's Chimera invests $100 million in Gemini Global Development Egypt
Egyptian businessman CEO and Chairman of Ora Developers, Naguib Sawiris has announced the signing of an investment deal with Abu Dhabi’s Chimera whereby Chimera, through its subsidiary, will subscribe to a capital increase in Gemini Global Development Egypt (“Gemini”) in return for a significant minority equity stake in Gemini.
Zanzibar is the latest investment destination for Kenyan investors
According to German real estate firm CPS, Kenyan investors form 30 per cent of all investors betting on the island nation.
Real estate firm Coldwell Banker launches its latest franchise programme in Egypt
Coldwell Banker - Egypt, a pioneer in real estate investment and marketing, has announced the launch of its new Franchise Program in Egypt for the first time.
Radisson Hotel Group debuts its third brand in Morocco
Radisson Hotel Group and REALITES Groupe announced the signing of Lincoln Casablanca, a Radisson Collection Hotel, debuting Radisson Hotel Group’s third brand in Morocco.
African Union partners with APO GROUP to Re-brand and Re-position Africa to the world at the Expo 2020 Dubai
The African Union has announced a partnership with the APO group to Re-brand and Re-position Africa to the world at the Expo 2020 Dubai, to be held from October 2021 to March 2022.
Sotheby's International Realty opens first office in Morocco
Sotheby’s International Realty announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200.
Property technology to disrupt Africa’s real estate sector, analysts
Africa’s Property Technology (Proptech) sector is ramping up and is a key component of future strategies for local REITs, operators and others looking to future proof their real estate businesses.
Nigerian Rent4Less raises $1m private placement bond to entrench monthly rental culture in Africa
Nigerian rental scheme company Rent4Less by Alpha Mead, announced it raised a fixed-rate series one $1 million private placement bond to entrench the culture of monthly rental in Africa.
Fortress REIT launches R900m sustainability-linked bonds to scale up its renewable energy outputs in South Africa
Fortress REIT, South African hybrid fund investing in direct properties and other listed real estate companies, launched a total of R900 million sustainability-linked bonds aligned to its ongoing strategic ESG plan to scale up its renewable energy outputs.
Radisson Hotel Group announces16th hotel in South Africa with signing of Radisson Hotel Middelburg
Radisson Hotel Group announced the signing of Radisson Hotel Middelburg as part of the Group’s expansion plan in South Africa.
Jobomax launches new housing model to expand options for middle and lower-income buyers in West Africa
Jobomax, West Africa's homebuilder, announced its first model in the $10,000 - $20,000 price range, to expand options for middle and lower-income buyers.
UN-Habitat partners with TAF Africa Global to promote affordable housing in Africa
The UN-Habitat signed a Memorandum of Understanding (MoU) agreement with Pan-African real estate development company TAF Africa Global (TAF), to provide one million affordable housing units in Africa in the next seven years.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here