Author Archives: Africa Business

ONOMO Hotels Group opens its first hotel in Kampala, Uganda consolidating its investment in East Africa

This new hotel marks a milestone in the group’s growth in East-Africa, and brings its footprint to 22 hotels in 13 countries in Africa ONOMO Hotels Group continues its development in East Africa and opens its first hotel in Uganda. In line with the group’s strategy of opening hotels in the heart of iconic African […]

TLcom Announces 3rd Africa Tech Female Founder Summit

Julia Gillard, Former Prime Minister of Australia & Chair of Andela, announced as keynote speaker  TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of the 2021 Africa Tech Female Founder Summit, which will be held virtually on Wednesday 13th October 2021. The keynote session is headlined by Julia Gillard, former Prime […]

DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies

Development Partners International (DPI), a premier investment firm focused on Africa, announced on 4th October that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings a total of US$1.15 billion […]

Canon revolutionises 180° VR with its innovative 3D VR system and Canon RF 5.2mm F2.8L DUAL FISHEYE lens

The ground-breaking new EOS VR SYSTEM includes the world’s first lens for digital interchangeable lens cameras enabling 180° VR shooting with one camera to a single sensor Canon Europe today announces the latest innovation in the EOS R System – a pioneering new virtual reality capture solution that leverages the superior capabilities of the RF […]

EXPO 2020 DUBAI: FIRST BIG INVESTMENT DEAL ANNOUNCED BY UGANDA

Participant country starts Expo 2020 Dubai investment rush by signing deals worth USD 650m in the first big investment announcement of Expo Investments are across sectors including healthcare, energy and transportation Ugandan Minister of Finance, Planning and Economic Development Hon. Matia Kasaija signs a series of investment deals that will generate jobs and economic growth […]

Over Half World’s Population Now Using Mobile Internet

But More Work Needs to be Done to Bridge the Digital Divide  GSMA Research Shows 3.4 Billion People Do Not Use Mobile Internet Despite Living in Areas with Mobile Broadband Coverage   The GSMA has launched its global State of Mobile Internet Connectivity Report 2021 showing that, despite the COVID-19 pandemic, more than half of the […]

The 5th edition of EMERGING Valley will be held on December 13 and 14, 2021 at the Palais du Pharo in Marseille and online for an unprecedented event with the most influential African Tech stakeholders

The EMERGING Valley international summit, an unmissable annual meeting for African and European Tech stakeholders, is aimed at entrepreneurial ecosystems and organic innovation in Africa, the Mediterranean and Europe. Startups, public decision-makers, large groups, investors, tech hubs, and public and private international institutions from over 70 countries, will come together in Marseille to present the disruptive […]

Clem Sunter and Wealth Migrate’s Scott Picken discuss scenario planning and its impact on the global and local property markets

Investors need to be aware of the red flags that bedeck the global economy and have the potential to derail the most careful preparation. This is the dire warning from scenario planner Clem Sunter, who is also the author of The Mind of a Fox and Thinking the Future. Wealth Migrate CEO Picken interviewed Sunter about the red flags […]

The Future Is African: Ten startups prove their place on the world stage

It was all systems go at the inaugural Demo Day for the Telecel Group Africa Startup Initiative Program (ASIP), powered by leading tech accelerator, Startupbootcamp (SBC) AfriTech. For the top ten startups selected from a pool of over 2,200 applications, it represented the culmination of three months of hard work, great effort, and the promise of a bigger future. […]

Zimbabwe’s Largest Tea Producer Implements Microgrid from DHYBRID and Blockpower

Project to be showcased at EM-Power in Munich, Germany, October 6-8, 2021 Tanganda Tea Company Limited, Zimbabwe’s largest tea producer and one of the largest on the African continent, uses its own microgrids at Tingamira and Jersey sites for secure and environmentally friendly energy supply since July 2021. The system consists of a megawatt-class solar […]

The Future of In-Ear Advertising. Has digital killed the radio star?

Did you know that the first radio commercial aired in the USA on 28 August 1922? Now, close to 100 years later, brands are still reaching audiences via this medium.  Digital audio has disrupted the space with a richer, immersive experience. Carla Harrison, Spotify Sales Manager at Ad Dynamo – Africa’s leading media sales house (and Spotify’s […]

Another data breach rocks South Africa as details of 1.4 million South Africans gets leaked

We are currently living in a world that is being driven by technology. It is very rare to find any aspect of our daily lives that is not impacted by technology. Since Government imposed the National Lockdown – which aims to mitigate the worst effects of the Covid-19 Pandemic – there has been a significant […]

PLATFORM BANKING AND OPEN BANKING: why it’s the next big thing for banks and their customers

Incumbent banks are starting to look to “platform banking” to stay relevant and loved by customers. But what is platform banking in the first place? And why is it a good thing for society? Anthony de Gray Birch, co-founder and Chief Operating Officer (COO) of Direct Transact, South Africa’s biggest banking enabler of the past […]

Dell Technologies Emerging Africa Forum to Showcase the Power of Transformative Technologies

With digital transformation being a key priority for businesses and government across East, West and Central Africa, Dell Technologies has reinforced its commitment to providing its customers with advanced technologies that drive business continuity and growth. Dell Technologies Forum Emerging Africa takes place on October 6, 2021 and will bring together business leaders and industry […]

What you need to know about Angola’s premier Oil, Gas and Tech Conference

The upcoming second Angola Oil and Gas Service and Technology Conference (AOTC), is set to run in Luanda from 23-25 November and it’s shaping up to be the event of the year. The event billed as the country’s premier oil, gas and technology conference has once again been endorsed by the Angolan Ministry of Mineral […]

Sustainable Investment Opportunity for Future-fit African Startups Last chance to enter the Global Startup Awards Africa to qualify for the GIIG Africa Fund

While 2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money from more investors than ever before[i]- critics and commentators alike have often claimed that Silicon Valley-style investment frameworks are ill-suited to the continent’s diversity and nuanced need for funding. With investment into African startups considered […]

UNGA 2021: UN Assistant Secretary-General Welcomes New Multilateral Organization Working to Reduce Global Digital Divide

Digital Cooperation Organization (DCO) convened Ministers and delegates from UN member states at UNGA side event to discuss ‘Shaping an Inclusive Digital Age.’   First event during UNGA held by seven-member global bloc spanning Africa, the Middle East and South Asia, 80% of whose 480 million population are under the age of 35. The Digital Cooperation Organization […]

Startup Genome, City of Cape Town, WESGRO and Silicon Cape Publish 2021 Global Startup Ecosystem Report

Cape Town is featured in the world’s preeminent report on advancing startup ecosystems – ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups […]

Wärtsilä signs Concession Agreement to develop, supply, construct, operate and maintain major 120 MW power plant project in Gabon

The technology group Wärtsilä and Gabon Power Company (GPC), the subsidiary of the Sovereign Fund of the Gabonese Republic (FGIS) dedicated to energy and water, have on 22 September 2021 signed a Concession Agreement with the Government of Gabon for the development, supply, construction, operation and maintenance of a 120 MW gas power plant. Wärtsilä, […]

How to avoid falling victim to rising vehicle scams

South Africa’s biggest banks are warning customers about a marked increase in vehicle purchase scams. Criminals place adverts for fake vehicles online at hugely discounted prices to lure in buyers hunting for a great bargain. Sameer Kumandan, Managing Director of SearchWorks, an innovative platform which allows consumers to perform live, accurate vehicle searches and valuations as well […]

Safe disposal of asbestos is vital to protect people and the environment

South Africa’s incidence of mesothelioma, a type of cancer that occurs in the thin layer of tissue that covers most of your internal organs, is ranked among the highest in the world. This cancer stems from over a century of asbestos mining and production. Since the 1930s, medical science has recognized the potential dangers of […]