Author Archives: Africa Business

African climate innovators dominate global climate prize at COP26

Four African climate innovators were named as winners at 2021’s presigious Ashden Awards held on November 4 at the global climate summit COP26 in Glasgow, UK. Three more of the continent’s low carbon pioneers were announced as runners up. The Ashden Awards honour pioneering organisations from the UK and low-income countries lowering carbon emissions and […]

AFEX predicts higher prices for core grains and advocates for African food balance sheet in new report

Nigerian commodities exchange releases 2021 Annual Crop Production report to boost agricultural data and guide financing and policy decisions Lagos, Nigeria – 2 November 2021. Nigeria’s core grain prices have been projected to trend upwards in the new season due to persistent gaps between commodity supply and demand, according to a new report by commodities […]

Lesotho Business Forum at Expo 2020 Dubai Wrapped Up Successfully

The Lesotho Business Forum, themed “Lesotho Rising to Prosperity”, addressed major topics influencing business and investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards Lesotho. Dubai (03/11/21) – The Lesotho Business Forum was held on the 28th of October 2021 at the Business […]

Half of enterprises cannot trust their CRM data for a single source of truth on customers

Independent research shows firms are lacking basic data management capabilities; CRM data is of limited use Half of large enterprises worldwide (47%) feel they cannot rely on their CRM data to provide a single source of truth regarding customer data, according to the State of Enterprise CRM Data Management: 2021 study released in October. Commissioned […]

Only 20% of companies reported not getting attacked in 2021 compared to 32% in 2020

Acronis, the global leader in cyber protection, has released its annual Cyber Readiness Report, providing a comprehensive overview of the modern cybersecurity landscape and the key pain points faced by businesses and remote employees worldwide amid the global pandemic. Acronis’ research from last year revealed more than 80% of global companies admitted they were not prepared […]

Draper Startup House expands to Africa with a new location in Morocco

Casablanca, Morocco, 1st November 2021. — Draper Startup House has opened its first location in Morocco, partnering with KOWORK Anfa Place in Casablanca. With the launch, Draper Startup House expands its presence into Africa in a year when tech startups in the continent raised a record-breaking $1.1 billion through the first eight months of the […]

SA’s Social Entrepreneurs Need Support to Succeed

South Africa’s 141,500 social entrepreneurs are both solving the country’s most pressing problems and contributing to the economy in the process, with the creation of nearly 600,000 jobs and an estimated 76,000 more by 2030[i]. Sadly, however, approximately 70% say they struggle to raise funding due to a lack of networks[ii] and40% don’t even know […]

Etisalat hosts Acronis partner world’s first electric flying racing car Airspeeder at GITEX Global

Acronis, the global leader in cyber protection, and UAE’s leading telco Etisalat together hosted the first electric flying racing car prototype Airspeeder at the just concluded GITEX Technology Week held in Dubai. Etisalat, one of the world’s leading telecom groups in emerging markets, meets the best-in-class innovative technology from sport. Etisalat enables the impossible, proving it […]

Underwriting facility set to energise geothermal development in Kenya and Ethiopia

FSD Africa, the UK Government’s flagship financial sector programme in Africa, and Parhelion, a UK-based specialist energy and climate risk finance advisory company, have today announced plans to launch a first-of-its-kind underwriting facility, backed by East African insurers, to de-risk early-stage development of geothermal energy projects with the capacity to significantly expand electricity access and energy sector […]

Gaia Africa Climate Fund selected by the ICFA Luxembourg to be accelerated

Cape Town, South Africa: The Gaia Africa Climate Fund has been selected as one of five funds to be accelerated by the International Climate Finance Accelerator in Luxembourg (ICFA). Being selected by the ICFA entails that the Gaia Africa Climate Fund – which was launched in July 2021 – will benefit from a financial award, […]

3-Step marketing toolkit for regulated industries

Marketing professionals have always been creative problem solvers, and these skills need to be ramped up when operating in regulated industries such as pharmaceuticals, healthcare, finance, insurance and hospitality. Stringent laws and regulations, not to mention lengthy approval processes, can seem like too many obstacles in the way of highly effective creative communication campaigns. “Marketing […]

JLL and Tétris Design and Build join forces to promote the growth of sustainable buildings

Organisations now see this as a critical decade for real progress to be made in decarbonising the built environment, according to JLL Global Research, requiring real estate to make complex changes in what will be a critical shift for the industry   Sustainability is no longer just a buzzword. Climate change is the defining crisis […]

2021 sees surge in fundraising by African infrastructure funds with $2.14bn USD targeted

Africa-focussed infra investment funds have set a record fundraising target in 2021 Majority of deals by infra funds are of ‘green’ assets, as climate rises up the agenda for asset managers Dry powder and assets under management by infra funds at an all-time high, signalling investment boom to come Africa-focussed infrastructure investment funds have set […]

Invest in DR Congo Forum held at Expo 2020 Dubai

The Invest in the Democratic Republic of Congo Forum addressed major investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards DR Congo, at the Expo 2020, Dubai, UAE. The Invest in the Democratic Republic of Congo Forum was held on the 17th of […]

6th SIM Senegal happening on 2-4 November 2021

The Opening Ceremony will feature a keynote speech from His Excellency, Honourable Mr. Macky SALL His Excellency, Honourable Mr. Macky SALL, President of the Republic of Senegal will make a keynote speech at the Opening Ceremony of the 6th Senegal International Mining Conference & Exhibition, in Dakar. The two-day conference will focus on the theme […]

How SA’s hospitality sector SMEs can plan for the festive season

Small businesses in the hospitality sector have their eyes firmly set on recovery, as the year slowly starts drawing to a close. There is still lots of hard work ahead, but recent developments such as the relaxation of lockdown regulations and the changes to international travel restrictions give a glimmer of hope for SME operators […]

Fairtrade Farmers Increasingly Threatened by Climate Change, Warns ‘Alarming’ New Study

BONN, Germany – The intensifying impacts of climate change pose a serious risk to global agricultural production and directly threaten the livelihoods of millions of Fairtrade farmers around the world, a new Fairtrade study has revealed, adding that increased investment in climate adaptation and resilience measures are critical if plummeting incomes for Fairtrade farmers are […]

Quality and Patient Care takes centre stage at Africa Health Conference

Upwards of 5000 health professionals and 200 international and regional companies have registered for this year’s Africa Health Conference, which got underway today (Monday). The largest health conference in Africa, this online event  brings Africa’s healthcare industry together to discuss and explore innovative new thinking and solutions around Africa’s healthcare challenges. Now in its 10th year, […]

SA Startup Act Meets With The President

This week, the Presidential Office held a special meeting with individuals from various organisations that are invested in the growth and support of local entrepreneurs and businesses to discuss what is needed to eliminate the red tape obstructing the growth of small and medium enterprises. Among them were representatives from the South African Startup Act […]

Hospitality Investment Leaders meet at Morocco Tourism Investment Day at Expo Dubai 2020

On Monday, 11 October, the Moroccan Agency for Tourism Development (SMIT) hosted the Morocco Tourism Investment Day as part of Morocco: Global Investment Hub Week, which took place at the Morocco Pavilion at Expo Dubai 2020, in partnership with Bench, the organiser of the Africa Hotel Investment Forum (AHIF), which is the premier hotel investment conference in Africa. […]

ESET’s Intelligent Solutions Updated for Greater Online Protection

Heading into the festive season, it is more important than ever to ensure that computer and smartphone users are protected from increases in brute force attacks, instances of banking malware, and cryptocurrency threats. ESET, the global cybersecurity leader, has launched a new version of its consumer security line-up, which does just that along with its […]

Africa is perfectly placed to take advantage of new payment solutions

Digital innovation has evolved payments solutions at breakneck speeds. Everything from contactless payments, QR codes and digital wallets … consumers today have so many new ways to pay. The big challenge, however, is to ensure that the millions of South Africans who still use cash are able to access these services. “Unfortunately, cash still dominates […]