Author Archives: Africa Business

Carry1st drives growth in Africa’s gaming industry, supported by AppsFlyer

Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlight successes that have shaped its growth in the gaming sector. Since the launch of SpongeBob: Krusty Cook-Off in October 2021, the game has managed to acquire more than 2 million users, ranking in the Top 5 most downloaded […]

Paramount Group Mbombe 4 Secures Orders From 5 Countries

Next-Generation Mbombe 4, Manufactured On Two Continents, Selected By Five Armed Forces Globally, With 150+ Vehicles In Production Or On-Order Johannesburg, March 23,  2022 – Paramount Group, the global aerospace and technology company, announced that its Mbombe 4 Infantry Combat Vehicle (ICV), has been selected by five sovereign nations to equip their armed forces with the most […]

How biometric authentication is creating safer, seamless digital experiences

Consumer adoption of remote biometric authentication soars In a connected world, necessary safety measures like biometric authentication don’t need to be implemented at the expense of a seamless digital experience, says Gur Geva, Co-Founder and CEO at iiDENTIFii – leader in remote biometric authentication and automated onboarding. As more products and services move online, the way customers […]

Why the subscription economy is transforming B2B operating models forever

By Jaco Frederik Möller, Solutions and DIMS Product Manager, Canon South Africa  From Hello Fresh to the Spotify, subscription services are now so commonplace they’ve almost become the norm. Subscriptions started life in the media world, with newspaper and magazine subscriptions dating back centuries. But in the last ten years, the subscription business model has […]

Trade finance and the efforts to boost intra-African trade

By Lodewyk Meyer, Partner and Head of the Banking & Finance Practice, and Lucy Stratton, Associate Designate, Baker McKenzie, Johannesburg As stated by President of the African Development Bank (AfDB), Akinwumi A. Adesina, “trade finance is an important instrument for influencing Africa’s long-term economic development and structural transformation”. According to a report by the AfBB and […]

Africa can adopt renewable energy on a massive scale and save billions along the way

Oped by Kenneth Engblom Vice President, Wartsila Energy, Europe and Africa Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and society. […]

TransUnion South Africa battling to retrieve personal records after hack

On 17 March, ITWeb reported that credit bureau, TransUnion South Africa, is currently in an ongoing battle with a hacker group that is demanding a $15 million (R223 million) ransom over four terabytes of compromised data. The hacker group, going by the name N4aughtysecTU, which claims to hail from Brazil, is alleging it breached TransUnion […]

As Europe Announces An Additional US$170bln Of Finance For Africa, Stakeholders Prepare To Gather In Brussels For The 24th Africa Energy Forum This June 2022

‘Africa for Africa – Building Energy for the Just Transition’ Following two years of COVID restrictions we are excited that the Africa Energy Forum (aef) is back to full capacity with the return of the massive exhibition, the four-day multi-streamed agenda focusing on the private sectors investment needs and business development. In Brussels aef will […]

Five ways CRM can help your sales team close more deals

how to use crm

When you give your sales team the right tools to effectively and efficiently manage clients and build a relationship with them, you positively impact your bottom line. 1Stream’s smart CRM is specifically designed to do just that and has helped transform organisations across various sectors in Southern Africa, which understand the value of building meaningful connections with […]

Paramount Group Expands Mwari Border Security Role With Advanced Anti-Drone Technologies

Paramount Group, the global aerospace and technology company, announced today that its multi-mission, Mwari aerial platform has been equipped with advanced anti-drone technologies, enabling the deployment of the aircraft as an effective hunter and killer of Medium Altitude and Long Endurance Drones (MALEs). The clean-sheet designed Mwari is the next evolution in ‘Find, Fix & […]

Property scams continue to rise at alarming rates

Investing in property is one of the biggest financial decisions a person is likely to make. New and increasingly sophisticated scams and incidence of fraud are on the rise and affect developers, buyers, sellers, estate agents, conveyancing attorneys, and other property professionals. “As property transactions typically involve substantial sums of money, they are a natural […]

Global Climate Action is Accelerating and Early-Mover Companies Can Seize Significant Advantage

Timing, Pace, and Extent of Change Needed for Net-Zero Transition Are Still Widely Underestimated New Report from World Economic Forum and Boston Consulting Group Provides CEOs with a Guide for Navigating an Unprecedented Global Transformation  Early Movers Can Drive Outsized Impact, and Gain Competitive Advantage on Multiple Dimensions Companies Can Save Cash and Carbon: Emissions […]

Announcing Winners of the 9th Edition of the Sankalp Africa Summit Awards 2022

Over 2,000 delegates is convening for the Sankalp Africa Summit, a hybrid 3 Day Virtual and a 1 Day In-Person event on ‘Mainstreaming Impact’ Sankalp Forum, an initiative of Intellecap, is hosting its 9th Edition of the Sankalp Africa Summit, one of Africa’s largest inclusive networking platforms focussed on entrepreneurship and the impact investing ecosystem, […]

Budget’s focus on taxpayer relief bodes well for bill payments

South African’s can say thank you to the Minister of Finance for providing some tax relief during his maiden Budget speech that will put money back into their pockets – something that bodes well for economic activity and the bill payments sector. In the 2022 Budget Speech, delivered by Finance Minister Enoch Godongwana on Wednesday, […]

Kazakhstan Paramount Engineering (KPE) Delivers New Batch Of Locally Manufactured Armoured Vehicles

Kazakhstan Paramount Engineering (KPE), the joint venture between the global aerospace and technology business, Paramount Group and one of Kazakhstan’s leading defence and engineering companies, Kazpetromash, has announced its latest delivery of Arlan 4×4 armoured personnel carriers (APCs) to the Ministry of Defence of the Republic of Kazakhstan, in accordance with that nation’s State Defence Order. […]

How 3 draws per week makes the French Lotto that more appealing

Did you know the French Lotto draw happens three times a week? That’s one more than most major lotteries around the world and yet another opportunity in a seven-day period to win big. It happens on Mondays, Wednesdays and Saturdays, giving those who enter a chance to triumph at the start, in the middle and […]

The biggest fintech trends changing the face of payments in emerging markets

Mark Dankworth, President Business Development Africa at Ukheshe, shares his thoughts on how mobile money, cross-border payments and ‘buy now, pay later’ are transforming the financial sector, particularly in emerging markets, for the better. Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital financial […]

ESET Threat Report: Ransomware and password guessing top cybersecurity threats

Ransomware surpassed the worst expectations in 2021, with attacks against critical infrastructure, outrageous ransom demands and over USD 5 billion worth of potential bitcoin transactions in the first half of the year alone. RDP (Remote Desktop Protocol) attack numbers from the last weeks of T3 2021 broke all previous records, amounting to a staggering yearly […]

Proptech Trends Set To Dominate in 2022

By Gil Sperling & Daniel Levy, Co-Founders and Co-CEOs, Flow 2022 is proptech’s year. So many other industries have seen massive disruption with the introduction of tech, drawing huge investment and becoming mainstream, replacing legacy players. Proptech has been growing steadily around the world as more capital has flowed into startups in the space and, […]

Paramount Group Recognised As Top Employer For Third Consecutive Year

Paramount Group Recognised As Top Employer For Third Consecutive Year

Aerospace and Technology Company Awarded 2022 Top Employers Institute Accolade For Setting Exemplary Standards In People Practices Johannesburg, South Africa, February 15th, 2022 – The Top Employers Institute has announced its Top Employers around the world in 2022 and for the third consecutive year, the global aerospace and technology company, Paramount Group, has been recognised as […]

AURA launch inaugural crime trend report to better understand and prevent SA’s high crime rate

AURA, South Africa’s leading security and medical response marketplace has released its inaugural Crime Trend Report, providing new and unique insight into South Africa’s crime stats in key categories from armed robberies to attempted hijackings and gender-based violence. The report gathered data over the past year from AURA’s nationwide network of over 250 private security […]

New wave of fraud targeting bank customers

Fraud continues to pose the risk of serious financial losses for banking customers.  All indicators are pointing towards the fact that there are new scams and an increasing number of the victims, warns Reana Steyn, the Ombudsman for Banking Services (OBS). The basic modus operandi of these scams is not new. However, over the years, […]