Abu Dhabi. United Arab Emirates. 25 January 2022 – Paramount Group, the global aerospace and technology company, announced today that it has appointed Steve Griessel as its Group Chief Executive Officer. South African-born Griessel, a global business executive who served as CEO of several companies in South Africa and the United States, including two public companies, brings more […]
Author Archives: Africa Business
African startups face various challenges – from raising funds to securing their first contracts. And for more than half of African startups[1], these challenges will be insurmountable. But for one startup working on the continent, a pan-African Accelerator Programme has unlocked both seed funding and long-term contracts. When Stephan Eyeson, CEO and Co-Founder of Survey54, joined Startupbootcamp […]
By 2030, total installed PV capacity in South Africa is expected to reach 8,400 MW. However, if we want sustainable growth, we need to ensure that we develop and implement quality infrastructure for solar PV systems. “Embedding a culture of quality is vital if we want to unlock the huge economic potential of solar technologies”, […]
Dubai is flourishing due to Expo 2020 Oil prices are still on the rise in 2022, which bodes well for several Gulf countries whose budgets still rely heavily on revenues from oil. Those countries’ economies took a hit when the price of oil plunged in 2020 due to the pandemic and lockdown measures. This year […]
In 2021, the mobile industry in sub-saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced high growth. Digital solutions have provided instrumental support for communities and businesses, boosting their transition into adopting a mobile-first approach to tackle most of the daily challenges across the continent, with fintech applications dominating this […]
Faster economic growth requires determined implementation of policy reforms to promote confidence, investment, competitiveness, entrepreneurship and job creationi. This is according to the recently delivered Medium Term Budget Policy Statement. With this in mind, Matsi Modise, Chairperson of the South African Startup Act Steering Committee and Vice-Chairperson of SiMODiSA, together with Steering Committee members Tanya van […]
Last year saw the UK government call on all businesses to sign up to the globally recognised UN Race to Zero Climate Commitment, by pledging to go One Step Greener during COP26. With 45% of global greenhouse gas emissions coming from the way we make and use products and food, local business needs to start […]
According to a recent study by the Council for Scientific and Industrial Research (CSIR), transitioning to a more circular economy can create value across all sectors of the economy. The circular economy promotes sustainability, and the sector consists of businesses that focus on eliminating waste, leading to improved efficiency and greater profit margins. Sixty-five entrepreneurs will […]
People living in the African continent have traditionally had limited access to modern resources, including quality medical care. This has led dozens of talented medical professionals to uproot and open their very own medical practice in the heart of Africa. While this is a noble pursuit, relocating to an entirely new continent can be a […]
The first half of 2021 saw the return, albeit slow, of employees to offices and the realisation for many that they craved interaction with their colleagues, to collaborate with, bounce ideas off or simply talk to. The surge of the COVID-19 Omicron variant towards the end of the year, however, resulted in many companies delaying […]
It’s a new year – 12 months lie ahead. With some discipline and focus you could be much closer to your investment goals this time next year – just follow our month-by-month plan. January It’s the start of a brand, new year, and the perfect time to make, and then, more importantly, keep your investment […]
Leading Ivorian e-commerce company closes oversubscribed round to scale its mobile product suite across multiple retail channels 11 January, 2022. Abidjan, Côte D’Ivoire – Afrikrea, the e-commerce platform for “all things made of Africa”, has announced the successful completion of a US$6.2M pre-Series A round led by Investisseurs & Partenaires and the rebrand to “ANKA”, […]
South Africa has been ranked as the 13th biggest carbon dioxide emitter in the world[1]. For the country to help bring global energy-related carbon dioxide emissions to net zero by 2050, it will need to cut its emissions by approximately 60% to 75%[2]. Not only will this benefit the planet, but the people of South […]
The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]
Employing over half the workforce, driving significant growth in the private sector, and representing some 98% of all businesses, SMEs are the lifeblood of the South African economy. Experts speculate that Digital Transformation, COVID-19 awareness, shifting supply-chain trends, and operational optimisations, are among the key areas where SMEs can drive improvements, and thrive in 2022. […]
The international shift to working from home that COVID-19 precipitated is probably here to stay. Businesses both locally and abroad believe that a hybrid model is more likely to be their modus operandi in the future, rather than a full-time return to the office. The benefits of remote working have just been too stark and, as Omicron has shown us, the pandemic isn’t […]
The ICTforAg 2022 Conference will take place virtually from March 9 to 10, 2022, and convene the leading stakeholders from the agri-tech and agri-Food space across Low and Middle Income Countries (LMICs). Sponsored by Feed the Future and the German Federal Ministry for Economic Cooperation and Development (BMZ) through the Deutsche Gesellschaft für Internationale Zusammenarbeit […]
Award winning Ghanaian Real Estate Developer Partners with Africa’s Fastest Growing Local Hotel Chain, CityBlue Beaufort Properties, one of Ghana’s most experienced residential developers, based in Accra, announced on 8 December a joint venture with CityBlue Hotels, Africa’s fastest growing local hotel chain, owned by The Diar Group. Under a long-term arrangement, the two companies […]
Dell’s Digital Transformation Index 2020 surveyed over 4000 business leaders globally and reported that eight in ten organisations fast-tracked their digital transformation programmes in 2020. Technology is evolving rapidly and organisational responses to this process of change are forever dynamic and accelerating. In Digital Business, a new book written by Prof. Brian Armstrong, Chair of Digital […]
The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. Ryan Mer, CEO, eftsure Africa, a Know Your Payee™ (KYP) platform provider, says that fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems and it’s […]
Connecting African consumers to companies like Uber and Diageo through cutting-edge consumer insights With household consumption and urbanization increasing on the continent, Africa represents a veritable gold mine for companies looking to expand their markets. But this market remains largely untapped because companies rely on traditional methods to gather essential and valuable consumer insights, market research, […]
Africa’s first digital in-store lay-by app is aiming to create financial inclusion throughout the continent – starting in South Africa. Local fintech startup LayUp is taking the lay-by process into the 21st century – for merchants and consumers – with a mobile app and rollout of a terminal app via payment & merchant solutions provider […]