Author Archives: Africa Business

erpSOFTapp Odoo; Nigeria joins the league of Gold Partners with V14 Certification

The integration of smart business applications is on the rise in Nigeria, especially in the last year due to the COVID 19 pandemic. One of such application is the Odoo business app. Formally known as Open ERP (Enterprise Resource Planning), Odoo made its debut in Nigeria in 2015. Since then, the integration of the much […]

Nano Announces Lead Investor Commitment for $90 Million Funding Round

The investment will accelerate the scale-up of Nano’s platform to expand vaccine access and alternate delivery. AUSTIN, Texas and DUBAI, UAE (Arab Newswire)  —  Nano Cures Inc. (“Nano”), clinical-stage biotechnology and infectious disease immunity platform company, announced a $90M pre-IPO funding round. The investment will be led by a $20M commitment from Opulence Capital Management, […]

South African business, AURA, expands into East Africa with new Kenyan office and GM

AURA, South Africa’s leading security and medical response platform, has announced its imminent expansion into Kenya which will be led by its new General Manager, Hilary Itela. Partnering with KK Security, owned by GardaWorld, Aura will offer its emergency and medical response services in Nairobi and Mombasa. Warren Myers, CEO, AURA says that the intention is to address the […]

Less Than 30% Of Telcos In Africa and the Middle East Have Developed a Strategy for Digital Transformation

– Telcos in the region lag behind the rest of the world significantly in developing roadmaps to digitalize sales channels. – More than 70% of telcos in LATAM and Europe already have established roadmaps, and more than 80% of telcos in APAC have a digitalization strategy.  Fewer than three in 10 telecommunications operators in Africa […]

The Democratic Republic of Congo to Host its First Smart City Conference

The Democratic Republic of Congo (DRC) will be hosting the country’s first Smart City conference which will be taking place virtually from 16 to 18 April 2021. Driving this is Congo Bulaya, a subsidiary initiative of the Centre d’Innovation de Lubumbashi (CINOLU), which aims to actively participate in the creation of more competitive and vibrant cities […]

Why ecommerce matters for small businesses in SA

Trevor Gosling, Co-founder and CEO of Lulalend

There has been a permanent change in the way that people shop and, in turn, the way that businesses need to operate. In the absence of brick-and-mortar stores being open during the lockdown, as well as a general fear of crowded malls when things were able to re-open, South Africa’s ecommerce sector exploded. According to […]

Vertis Aviation adds Africa-based Challenger 604 to portfolio

Switzerland-based Vertis Aviation, is expanding its footprint in Africa with the addition of a Bombardier Challenger 604 to the Vertis Charter Management Programme, VCMP. This is the second aircraft to sign up to the VCMP in as many months and represents the first Challenger 604 that the Argus Certified Broker will exclusively market for charter. […]

Repo rate to hold but a rate hike could be around the corner: Finder’s economist panel

Panel of 25 economists unanimously predict the SARB will hold the repo rate Just over a quarter (28%) expect a rate hike this year 92% say South Africa is at risk of a sovereign debt crisis Unemployment rate to increase slightly by July The South African Reserve Bank (SARB) is set to hold the repo […]

The Telecommunications and Digital Government Regulatory Authority: Great strides by the UAE’s telecommunications sector during 2020

The UAE ranks first in the Gulf, Arab Region, and Western Asia, and seventh globally in the Telecommunication Infrastructure Index. The UAE achieves No.1 position in mobile subscription index and mobile broadband Internet subscription index. The UAE maintains its leadership in 5G, the fifth generation of mobile commercial service in the country. According to The Telecommunications […]

Efficient Payment Solutions Essential for SME Survival

Small and Medium-sized Enterprises (SMEs) have long been hailed as the lifeblood of the economy. Now, in the wake of the COVID-19 crisis, they are critical for its recovery. Not only do they contribute 35-50% of national GDP globally, they also drive over two-thirds of new job creation[i]. Ultimately, the more SMEs succeed, the better our […]