The Pan-African “Investing in Innovation” program will provide grants and commercialization support to 60 healthtech companies over two years. Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Spurred by these findings, a consortium of global and continental organizations, with funding from Bill and […]
Author Archives: Africa Business
Estimates suggest the logistics industry contributes around 10 to 12 percent towards South Africa’s GDP. But in order for the country to command a larger market share for its products on the global stage, supply chains need to be world class to ensure efficient delivery of goods. One way to increase efficiencies is by implementing KYC […]
Local content regulations and the implementation of the AfCFTA have triggered the creation of a highly competitive domestic hydrocarbons market within Africa’s largest oil producer. Nigeria represents one of the continent’s most mature oil and gas markets as well as the largest oil producer in sub-Saharan Africa. The country’s energy achievements have largely been attributed […]
Africa Travel, Egypt News, Morocco News
Africa hotel development: It’s Egypt, Morocco, Accor & Marriott
Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative […]
The European Union’s (EU) General Data Protection Regulations (GDPR) are considered to be a global standard for the protection of personal information. Across Africa, many existing data security and protection laws were modelled on the regulations of the EU’s first data privacy legislation – the EU Data Protection Directive (1995), which preceded the GDPR. Current […]
The development of 3408 Belva began in December 2020, a green project by Belva Homes, with a clear vision to incorporate luxury city living whilst maintaining an eco-friendly philosophy. The team identified a need in the real estate market to incorporate busy city life living in conjunction with breathtaking surroundings of nature and a peaceful […]
Data released by Statistics South Africa in Q4 of 2021 showed that 45% of young people aged–34 years were not in employment, education or training. This means more than four in every 10 young males and females were unemployed and not receiving skills training. In 2022, predictions for the South African youth unemployment rate are […]
African News, Business, Events, South Africa News
Smart minds look to smart solutions at Africa’s only dedicated Smart Cities Summit
Big industry players join forces to tackle urban decarbonization challenge The world’s population is on a fast-track from rural to city living. With around 55% already residing in urban areas, this figure is expected to rise to 70% by mid-century. Cities may be the engines of growth and account for more than 80% of global […]
African News, Business, Events, Ghana News
Public Private Collaboration is Key to a Sustainable Mining Sector in Africa
Leading event in Accra shines a spotlight on responsible change The town of Obuasi in the Ashanti region of Ghana, West Africa, has a long and rich mining history. In 1897, large scale commercial and industrial mining began at the Obuasi Gold Mine and continued for over a century until its closure in 2014 for […]
South Africa News
Northern Cape set to benefit as the ‘New Oil’, Copper, is set for steady climb as world economy pilots to green
Cape Town: Big Tree Copper chief executive Jan Nelson expects a steady climb in demand for the red metal over the next three decades. This, as the world has turned its full attention to sustainable energy and a greener economy. It is likely the beginning of a super cycle. Investment bankers Goldman-Sachs already called copper […]
As organisations focus on digitally transforming their enterprises, cybersecurity professionals have been facing an expansion of their attack surface – compounded by the digital explosion during the pandemic. Almost every category of cyberattack increased over the course of 2021. The number of encrypted threats spiked by 167 percent, ransomware rose by 105 percent, and intrusion attempts climbed […]
According to the 2021 Global Startup Ecosystem Report by Startup Genome, Africa’s startup ecosystem is currently valued at $6.6 billion, with Cape Town, Lagos, Johannesburg, Nairobi and Accra named as the leading regions for startup growth on the continent There are plenty of game-changing startups bubbling up across the continent – here are four making […]
While every business, irrespective of size, is vulnerable to payment fraud worrying gaps in South African motor dealerships’ payment systems put the entire sector at risk. Ryan Mer, CEO at eftsure Africa, a Know Your Payee™ (KYP) platform provider, says the most common thread in cases of fraud is the human element which can involve sophisticated […]
At the end of 2021, it was reported that mine deaths in South Africa had risen for a second consecutive year, increasing by almost 44% from 2020. The sector, which employs more than 450,000 people, had experienced a promising decline in fatalities since 2007 (where its annual figures resided at the 200-person fatality mark) up […]
Africa Travel, South Africa News, travel
The Travel Corporation releases its first Impact Report with leading-edge sustainability initiatives (globally, and in SA & Africa)
Creating positive change through climate action, food waste reduction, supporting developing destinations, animal welfare and additional projects Trattoria Terra Madre, featured on select Insight Vacations’ Italian itineraries, is a farm-to-table experience in Alberobello, Italy, advancing sustainable food production. Insight Vacations offers a MAKE TRAVEL MATTER® Experience on 94% of itineraries. The Travel Corporation (TTC), one […]
According to Steve Flynn, Sales and Marketing Director, ESET Southern Africa, it’s long past time organisations get a handle on business email compromise scams which generated more losses for victims in 2021 than any other type of cybercrime. While ransomware, hacking, API hacks, and all the other cybersecurity threats make headlines, it’s worth remembering that […]
South Africa’s top professional CIOs are grappling with enabling new work models and ensuring the wellness of their teams in the post-Covid environment. This emerged during the first IITPSA Pr.CIO® round table – a forum for professional CIOs who hold the Pr.CIO® designation. The CIOs from leading enterprises said rolling out and managing IT infrastructure to enable […]
A15 invests final tranche of Seed round in online health & wellness platform for further expansion across MENA Cairo, Egypt. Esaal, one of the largest technology platforms for online health and wellness consultations in the MENA region, has completed the final tranche of its $1.7M Seed funding round, led by A15. This tranche brings the […]
Leading trade show hosts 25 free workshops to drive job creation For years, South Africa’s public and private sectors have talked about transformation as the key to unlocking economic growth and job creation. Yet in Q4 of 2021, national unemployment rose to 35.4%, with youth unemployment remaining at a dangerously high level of 66.5%[1]. Aubrey […]
Fraud in the property sector has become alarmingly common in recent years. With substantial sums of money on the line, increasingly sophisticated scams have made easy targets of buyers and sellers, as well as various property practitioners like estate agents and conveyancers. But the tide is starting to turn as up-to-the-minute credible data makes it […]
Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute […]
Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute of […]