Tag Archives: africa

Navigating healthcare uncertainty across Africa

In the article, Rodney Taylor, MD at Guardian Eye, sheds light on the multiple challenges faced by healthcare systems in Africa, such as accessibility, cost constraints, and the potential for digital technologies to transform the sector. He argues that technology can only be effective if it is accessible, affordable, and culturally appropriate.

When the perceived cure becomes poison: Urgent action required to address the illicit trade of counterfeit antimalarial drugs in Africa, responsible for 158 000 deaths annually

According to the World Health Organization, the sale of counterfeit medication is the world’s most lucrative illicit trade. Sadly, Africa has become home to an estimated 42% of the world’s cases of trade in counterfeit medications, disproportionately affecting the most vulnerable and desperate of populations living in low- or middle-income countries. 

Unleashing Africa’s potential: A vision for innovation and entrepreneurship

SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities.

Securing a high value exit in a burgeoning African M&A market

Mergers & Acquisitions (M&A) has long been a vital part of the global financial ecosystem, with the first deal dating back to the 1870s. Until recently Africa hasn’t developed enough companies of scale for successful M&A to drive highly profitable exits, with M&A on the continent accounting for only 2% of global deal value. 

However, Russia is cautious in West Africa

By Cheikh Mbacké Sene  Expert in economic intelligence and sensitive communication – Economic analyst Russia is seeking to escape international isolation following its invasion of Ukraine and is turning to an Africa that is increasingly inclined towards cooperation alternatives. That’s good, each party seems to have to offer what the other is looking for. But […]

Fintech ImaliPay signs deal with Renda to empower e-commerce across Africa

ImaliPay, a leading fintech-as-a-service provider, has signed a major deal with 3rd Party e-commerce fulfillment solution Renda (1st March 2023). The partnership will support businesses across Africa by simplifying and streamlining the process of order fulfillment for Enterprise and Medium-sized businesses across Africa, starting with Nigeria. The two companies will provide key services to ambitious businesses, making it easier […]

MENA region is fastest growth area globally for arbitration as better way to solve business disputes

As the International Chamber of Commerce’s Court of Arbitration celebrates its 100th anniversary, President Claudia Salomon tells Africa Business how this global organisation has seen its highest growth in recent years in the MENA region.  In the last 10 years, the number of parties coming to the ICC Court has tripled, with parties from the […]

eWAKA Secures a 500 000 CHF Loan from Swiss State Secretariat for Economic Affairs (SECO) Start-up Fund

eWAKA (https://eWAKA.tech/), one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation. SECO Start-up Fund has offered a 500,000 CHF loan that will support eWAKA’s 2023 plans to accelerate a growth strategy focused on providing innovative and sustainable mobility […]

Africa’s economic growth to outpace global forecast in 2023-2024 – African Development Bank Biannual Report

Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and Outlook (http://bit.ly/3iLJF4C) […]

McKinsey & Company Predicts African Fintech Revenues Could Reach an Impressive $30 Billion by 2025

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs,  expanded network coverage, and a young, fast-growing, and rapidly urbanizing population. [i] African fintech has a significant impact on day-to-day life […]

African e-commerce users are expected to exceed 500 million over the next three years

The new event facilitates strategic African trade opportunities With the number of African e-commerce users expected to exceed half a billion over the next three years, there is an increasingly urgent need for sophisticated logistics systems to strengthen and support the continent’s expanding transport infrastructure. The pandemic served as a catalyst for the advancement of […]

Africa’s industrialization progress in the past decade highlighted in new report

Africa is making progress towards industrialization, with 37 of 52 countries becoming more industrialized over the past eleven years, according to a recent report. The African Development Bank, African Union, and United Nations Industrial Development Organization teamed up to produce the report, which shows that some African countries are making significant strides in developing their […]

Inaugural Africa Airforce Forum highlights the role of Air Force in bridging regional stability

Day one prioritizes partnerships to build transnational capabilities and address security challenges in the region, particularly low-intensity conflict areas Panelists address the top 5 priorities for fleet modernization and capability building Focus placed on better human resource management for the African air forces Airforce industry leaders from across Africa and global defense experts gathered today […]

How cloud technology can boost economic development in Africa

Andrew Cruise, Managing Director of vendor-neutral cloud infrastructure provider, Routed

Cloud technology could be a major enabler of economic development on the African continent – but some stubborn barriers need to be cleared first, says Andrew Cruise, Managing Director of vendor neutral cloud infrastructure provider, Routed. The African continent represents 60 percent of the world’s arable lands and 30 percent of the earth’s mineral reserves – […]