Radisson Hotel Group (https://www.RadissonHotels.com) is delighted to announce the opening of Radisson Blu Mosi-oa-Tunya Livingstone Resort, Zambia. Nestled on the banks of the Zambezi River, the resort is the Group’s first safari resort in Africa and first resort in Zambia, and is a key step towards its goal of reaching 150 hotels in operation and under development […]
Author Archives: Africa Business
Ventures Platform, the pan-African VC firm championing the next generation of African technology entrepreneurs, has today announced the final close of its early-stage and intercontinental fund, at $46M. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most prolific investors sees new participation from global investors with an array of top-tier […]
In 2021, Angola emerged from five years of recession. The business environment in Angola records significant improvements since 2018, becoming a key factor to attract new investments and the return of big multinational companies. Furthermore, earlier this year Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first […]
By Josephine Wawira Kigali, a city that rhythms with African charm, prides itself on biodiversity so well maintained, sprawling over green valleys and ridges, the capital of the land of a thousand hills, Rwanda. I am here for the annual World Circular Economy Forum (WCEF), and like millions of other people who have visited Kigali, […]
As digital transformation increases at a dizzying pace, digital supply chain (DSC) management has become a business necessity. Software estates are ever-increasing, contracts and licences are becoming more complicated, and preventing wastage is more challenging than ever. Gartner predicts that in 2024, 60% of enterprises will underestimate cloud infrastructure and platform services consumption rates, leading to […]
The 7th Edition Connected Banking Summit – East Africa will be held on the 7th of March in Nairobi, Kenya The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of […]
Over the past 10 years, South Africa has been dealing with an economic and growing unemployment crisis that has placed the country in a dire situation. There is a growing need for economic development. However, in the past, the mining industry has been the major economic driver of a country that was once the biggest […]
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 […]
The South African construction industry has been remarkably resilient in the face of the pandemic, managing to rebound as quickly and effectively as possible. Now, as businesses and individuals alike begin to look forward to 2023, it is essential that everyone starts setting themselves up for success in the coming year. For small business owners […]
By Erick Pendo Bitcoin was the world’s first decentralized digital currency. It was created in 2008 and has since become a popular form of digital payment that allows both buyers and sellers to securely store “money”, and send and receive payments without the need for an intermediary bank or other financial institution. Bitcoin transactions are […]
SLVA CyberSecurity and Active Cypher’s data protection and control solution works across all systems, protecting data at rest, in motion and during collaboration. Understanding the importance of simplifying data protection, SLVA CyberSecurity has partnered with Active Cypher, to help its customers overcome these specific challenges. This is achieved by providing data security across the entire […]
By: Nicolene Maree, Senior Copywriter at Flume Technology is constantly evolving and the way we do business has to adapt to keep up. The metaverse has been around since the 1990s but it has only re-entered the lexicon after Facebook changed its name to Meta. Just like social media became an important instrument in marketing, […]
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 […]
By Pitamber Kaushik As the Federal Reserve, the central bank of the United States, continues to hike its lending rates aggressively in order to rein in persistent inflation, the stress exerted by the bulking US Dollar continues to send ripples throughout the world. Being the predominant medium of international exchange, serving as the world’s principal […]
The festive season is a time to be enjoyed, spending quality time with family and showering others in kindness and generosity. However, the South African festive season is also, unfortunately, synonymous with fraud. If history is anything to go by, many South Africans are expected to fall victim to fraud during this period. The Ombudsman […]
By Philippa Owen, ESG Lead at GraySwan After several days of focused negotiations in Sharm el-Sheikh, this year’s COP27 closed with a sense of comfort that the needs of emerging and developing markets have not been overlooked. The agreement to create and implement a loss and damage fund to rescue and rebuild physical and social […]
Kieran Whyte, Partner and Head of the Energy. Mining & Infrastructure Group, Baker McKenzie, Johannesburg During the World Leaders’ Summit at COP 27 in November 2022, South African President Cyril Ramaphosa launched the new Just Energy Transition Investment Plan (JET IP) for South Africa. It was at COP 26 in November 2021, that it was […]
Digital Africa, in partnership with Make-IT in Africa, launched Talent 4 Startups in 2022. The program’s objective is to improve the employability of African talent in startups through fully-funded trainings. The program was designed on the basis of a repository of skills and jobs required by startups on the continent, developed with Edtech Connections. The […]
CAPE TOWN – Hot on the heels of yet another interest rate increase adding more yet squeeze on businesses and consumers alike, South Africans showed they still have an appetite for retail spending, with data from leading omnichannel payment solutions provider Ecentric Payment System’s 2022 Black Friday Payment Gateway Dashboard showing whopping increases in both […]
Onyango Rachael Kenya is among the least contributors to greenhouse gas emissions worldwide but still bears the brunt of climate change. A third consecutive below-average rainfall is negatively affecting food availability and access for women, men, and children in 20 of the 23 arid and semi-arid land (ASAL) counties. According to the National Drought Management […]
Bitgreen joins the mission by aiming to raise $10M in debt financing through its blockchain platform for the Betmai Hydroelectricity Facility backed by Sewa Energy Resources, the Rockefeller Foundation, Bezos Earth Fund, and IKEA Foundation Bitgreen, the company building blockchain’s epicenter for sustainability, partners with green infrastructure developer Sewa Energy Resources (SERL) and international climate […]
Ramani, the African software company building a cloud network of micro-distribution centers for Africa’s $1 Trillion consumer-packaged goods supply chain, has announced this week the close of its $ 32 million series A round of equity & debt. The company plans to use the new funding to increase its distribution footprint across the continent and […]