Tag Archives: African business

The Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (Cambridge, MA) launches the inaugural Legatum Foundry Fellowship for entrepreneurs in Africa

Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Kenya, Rwanda, Ethiopia, Ghana, Nigeria and Senegal. The Legatum Center for Development & Entrepreneurship at MIT has launched the Foundry Fellowship, a first-of-its-kind leadership program for accomplished entrepreneurs who are considering their role in shaping the future of the African innovation ecosystems in […]

How to: Transform Lobbying

For businesses in Africa, lobbying can play a vital role in creating a more open, business friendly legal system which is fit for purpose. However, throughout history, the process of lobbying policymakers has been open to abuse and at times, controversial. One only has to look at Britain’s current Greensill scandal and the accusations facing […]

Top Tech African Entities Collaborate to Boost Digital Transformation for 2021 and Beyond

“To inspire people, don’t show them your super powers. Show them theirs -” Alexander den Heijer. Africa Tech Week advocates are setting out to do just that. The event is the golden opportunity to showcase what’s hot in tech on the African continent – a platform to demonstrate to the rest of the world Africa’s […]

Afrikrea Launches ANKA to Power Global African E-Commerce

Ivorian company partners with DHL and Visa and builds SaaS Platform for omnichannel global selling for African micro retailers Afrikrea, the e-commerce platform for “all things made of Africa”, is launching ANKA – an all-in one SaaS solution to provide a seamless ecommerce, payments and global shipping online service for thousands of micro retailers and […]

Sustainable Entrepreneurship in Africa Webinar Series 

The Africa Centre in collaboration with Learning Connected presents a webinar series on sustainable entrepreneurship in Africa from 12-15 April 2021. The series of live, interactive webinars explore Africa-focused sustainable development challenges, practical solutions, case studies as well as emerging trends and opportunities through interactive presentations and discussions.  By connecting entrepreneurs, students, educators, makers, researchers […]

Successful Development In Africa

Economic Trends 2000-2020 by Dirk Bol March 2021 Introduction In this paper I intend to review Africa’s economic progress since the year 2000, so two decades. When I say Africa I mean  Sub-Saharan Africa (SSA), 47 to 49 countries excluding the five North African ones (but including Somalia without data and South Sudan with little […]

AMAKA Studio: A Publisher Dedicated To Celebrating Pan-African Womanhood Launches

AMAKA Studio (AMAKA) launched on 11 March. Founded by 25-year-old Nigerian-American CEO Adaora Oramah, the online platform will spotlight nuanced stories for women from Africa and across the diaspora. Intentionally launching the week of International Women’s Day, AMAKA kicks off by celebrating its reason for existence –  Pan-African womanhood – for the entire month of […]

The top 5 reasons why investing in Ireland makes sense for African businesses

Photo credit: Lucian Potlog (pexels.com). Dublin, Ireland

By Daireann Gibson, Managing Partner at Gibson & Associates Solicitors Ireland is becoming an increasingly popular destination for individuals from across Africa who are looking to move abroad. South Africa in particular has seen 3,000 immigrants choose Ireland as their new home, and for investors in particular, Ireland provides a wealth of opportunities. The relationship […]

African finance heavyweights slated to make an appearance at The Africa Financial Industry Summit

Organised in partnership with the International Finance Corporation (IFC), the inaugural Africa Financial Industry Summit will be held online this coming 10 and 11 March and gather the most influential voices and institutions in African finance. The Africa Financial Industry Summit’s extensive list of speakers includes executives from the largest banks and insurance companies operating […]

Deal making slows across Africa but post-pandemic opportunities look interesting

Africa-regions. Source: Wikipedia

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]

The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom

What does it really take to succeed in big multinational businesses in the developing world? One man’s remarkable journey from a rural Nigerian village to a top job in a global corporation describes the challenges, the opportunities and the issues we must all face up to if we are to create positive organizational and societal […]

How Black Friday is giving Africa’s economy a lift

It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If you drove around […]

How can barcodes help your small business? The Benefits explored:

When you think of barcodes, the first thing that springs to mind is probably shopping at a big supermarket. I bet you didn’t know that barcodes can actually be an invaluable asset to any business, big or small? This is because, while huge warehouse establishments have successfully implemented barcoding systems for years, it was only […]

The impact of Brexit on South Africa and Africa

View from the Carlton Centre, Africa's tallest building. Johannesburg, Gauteng, South Africa. Photo Credit: Adamina (www.flickr.com).

By Morne van der Merwe, Managing Partner and Head of the Corporate/M&A Practice,  Baker McKenzie Johannesburg  Countries in Africa are preparing for the reality that a hard Brexit could lead to increased risk aversion and reduced investor appetite for trade in the region. Akinwumi Adesina, president of the African Development Bank (AfDB), said recently that […]

Former President of the African Development Bank Babacar Ndiaye to lead Investment Day at this year’s AgriBusiness Forum.

African expert calls on everyone involved in agriculture to step up to the fore for the sake of the entire continent’s development and in the fight against poverty. 12th November 2012, Brussels, Belgium With the AgriBusiness Forum 2012 just around the corner, Babacar Ndiaye, former President of the African Development Bank and founder of the […]

Pushing the African Business up with High Speed Internet

  By Rich Martinez Africa, though known to have the oldest economic history and could have established a prosperous economy earlier, has long been suffering from poverty instead. It has been imprinted in the History that their economy has indeed stagnated for the past decades. The African Continent is supposed to be enriched with a […]

South African red tape may not be that bad

  By Thandisizwe Mgudlwa A report this week reveals that entry as a Small and Medium Enterprise (SME) is not so restrictive after all. And according to Gerrie van Biljon, Executive Director of Cape Town-based Business Partners, the general sentiment in South Africa’s business landscape is that the environment is plagued by challenges that hinder […]

elec expo, EneR Event & Tronica Expo 2012 with an ever higher quality of trade visitors

  3,312 visitors from 42 countries discussed business with 138 exhibitors The 2012 edition of elec expo, EneR Event & Tronica Expo, organised under the patronage of His Majesty King Mohammed VI, has closed its doors on 20 October 2012 after 4 days of professional meetings and debates. 3,312 professional visitors of 42 countries and […]

CAMAC Energy CEO Honored by Goldman Sachs as one of the 100 Most Innovative Entrepreneurs

  HOUSTON, Oct. 25, 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”) today announced that Chairman and CEO Dr. Kase Lawal, recently attended the inaugural Goldman Sachs Builders & Innovators Summit where he was honored as one of the 100 most innovative entrepreneurs for his 26 years of creating value on the […]

South Africa hosts continent’s largest gathering of Ethernet Companies

  MEF (Metro Ethernet Forum) and Metrofibrenetworkx bring Government, telcos, ISPs, Data Centres, Equipment Vendors and Enterprise together in bid to connect the country’s networks 22 October 2012 Johannesburg, Midrand, South Africa.The African continent’s most influential gathering of Ethernet related companies will converge on at the Axiz Workgroup Auditorium in Midrandfor the first ever seminar […]

Richard Chandler Corporation Invests in Union Bank of Nigeria

  SINGAPORE, 2012 /PRNewswire/ — The Richard Chandler Corporation  announced that it has invested US$112 million to support the recapitalisation of Union Bank of Nigeria by Union Global Partners Limited (UGPL) consortium. This investment equates to a 13.4% position in Union Bank of Nigeria (UBN). Founded in 1917, UBN is one of Nigeria’s most recognised […]