The urban population in Africa has swelled from 15% of the total population in 1960, to over 40% in 2010 and is set to exceed 60% by 2050[ii]. It is anticipated that South Africa will follow suit. In fact, current projections indicate that an additional 19 to 24 million people will be added to the […]
Author Archives: Africa Business
With new technology such as AI support and smart cameras, the workplace of the future can be anywhere In what felt like the blink of an eye, the work landscape was transformed as the pandemic spread across the world in 2020. Entire workforces went mobile, seemingly overnight, while organisations bolstered existing remote working processes. And […]
“Africa’s new bank for startups and SMEs” to expand to South Africa & Kenya following funding Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses. […]
In partnership with the Clinton Global Initiative, the Island Innovation Awards will recognize individuals, organizations and projects driving positive change for remote and island communities globally. Why should an individual, organization or project apply for the Awards? Increased visibility: Winners of one of the 12 awards (11 available for application), will gain a substantial increase […]
One Moment Foundation founder and YPO member Isaac Chalumbira shares insights on the growing hunger in SA The United Nations has reported a significant spike in global hunger, as a result of the pandemic. According to the 2021 edition of the State of Food Security and Nutrition in the World, Africa experienced the biggest […]
New technology often seems fantastic on paper yet has little impact in the life of the average person. A new tipping solution for fuel pump attendants, however, does both. When asked to fill up a fuel tank as motorists do in the movies, few South Africans would know what to do beyond pulling their tank […]
Africa is set to power the world’s digital transformation with its huge young talent base powering an offshore services export revolution with Egypt in pole position and Ghana set to lead on bridging the digital gender divide. Insights shared by Leaders during GITEX GLOBAL Leaders Vision Summit in Dubai. Speaking on the Africa focus opening […]
African automotive company aims to increase its footprint across East Africa Nairobi, Kenya – Autochek, the automotive technology company that aims to facilitate auto finance across Africa, has officially widened its operations to Kenya as part of its pan-African expansion. To lead its Kenya operations, Autochek has appointed Bilhah Muriithi as the Country Manager. Having […]
Long-distance truck drivers who need urgent medical attention can breathe easily after Engen recently handed over six oxygen concentrators to the Walvis Bay Corridor Group (WBCG) Wellness Services to assist in their fight against Covid-19. The official handover of the oxygen concentrators occurred during the launch of the WBCG Drive-Thru Vaccination Programme in Windhoek. The […]
DevConf, an exclusive conference dedicated to South African developers returns in April 2022. The much-anticipated return of DevConf, an exclusive conference dedicated to South African developers, means that once again software developers can gather in-person to network, and be inspired by a range of topics applicable to software development. Run as a virtual event in 2020, DevConf’s founders are […]
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, training, access to a range of investor […]
The impact of the pandemic on global supply chains has prompted governments around the world to look at ways to fix the broken links. In Africa, the launch of African Continental Free Trade Area (AfCFTA), has provided the continent with new opportunities to strengthen its regional supply chain. Virusha Subban, Head of Indirect Tax at […]
Zama Zaca, Head of New Business at Tetris South Africa, shares some design tips on how to make workspaces more inclusive and improve employee mental wellness of employees. Mental health has been in the spotlight recently, with people under strain from the ongoing COVID-19 crisis and top athletes opening up about their mental health struggles […]
Africa currently sits on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovations are delivering increasingly decentralised power to the people of the continent in new ways. A recent White Paper released by global management consultancy company Kearney outlines the overarching strategic considerations for African utilities to […]
The global cleanroom technology market size is expected to reach USD 5.0 billion by 2028 and is expected to expand at a rate of 5.4% over the forecast period. Key factors driving market growth is growing compliance with stringent regulatory standards for new product approvals and increased awareness about contamination-free products.[i] Despite the Covid-19 pandemic […]
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven. Two of the new entrants are in fintech, one in edtech, and one in general technology. These and other technology-enabled sectors are where emerging market […]
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Altilands SA, the parent company of Red Lands Roses (“Red Lands”), a leading grower of premium fresh-cut roses in Kenya. Red Lands is internationally recognized for its green horticultural practices that respect people and the environment. Financial terms of the transaction […]
GITEX Global x Ai Everything, the world’s most influential technology sourcing and networking event of 2021, is returning for its 41st edition at Dubai World Trade Centre (DWTC) from 17th-21st October as the United Arab Emirates prepares to celebrate its 50th anniversary. GITEX GLOBAL x Ai Everything will be the world’s most complete, experiential technology […]
FSD Africa, the UK Government’s flagship financial sector programme in Africa, is making an initial investment (£650,000) in a highly innovative digital solution connecting carbon credits from small-scale green projects across the global south to international buyers. The investment will deliver funding through the test phase of the solution being developed by Nick Hughes, who […]
Peach Payments is pleased to announce that it has set up an office in Mauritius recently in pursuit of its pan-African expansion strategy. As a FinTech start-up that was set up in South Africa in 2012 and expanded into Kenya in 2018, the company is set to make a significant contribution to the pan-African FinTech landscape […]
This new publication explores the answers to the question: How best to digitalise a financial institution? The case study draws upon management consulting literature to assess digitalisation strategies in a pragmatic way. It assesses three leading African financial organisations against this framework: Al Barid Bank, Morocco; Equity Bank, Kenya; and Consolidated Bank, Ghana. The World […]
The countdown has begun. From October 17-21, over 100,000 B2B tech players, including industry leaders, key influencers, public-sector stakeholders, 4000 exhibitors, and government officials from Africa and every corner of the world, will converge at the biggest tech show of the year in Dubai to discover the latest innovations and connect with 400 high-level investors […]