Leading South African founded and owned Agri-FinTech start-up HelloChoice has announced the finalisation of a major investment from Standard Bank, solidifying its market leading position as the premiere digital fresh produce and agricultural marketplace. HelloChoice is a proudly South African success story, founded in 2018 by Grant Jacobs and Graeme Jarvie, who had a vision to […]
Author Archives: Africa Business
All roads lead to Dakar, Senegal this month for the first cohort of the Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Demo Day. After a grueling three months of pivots and business development facilitated by leading tech accelerator, Startupbootcamp Afritech, the Top 11 startups will showcase their work to a live audience on 30 September 2021. Taking […]
Did you know that the country’s national savings rate jumped from 14.2% in December 2020 to 18% in the first quarter of this year – the highest it has been since 2010 [i]? According to the South African Reserve Bank, this is a reflection of household spending patterns amid the uncertainty around the COVID-19 pandemic. Hennie Blignaut, […]
59% of panellists say the property buying boom will last for at least another year 54% say the boom is negatively impacting the rental market 97% say the SARB will hold the repo rate this week South Africa’s property buying boom isn’t going to slow down anytime soon, according to Finder.com’s SARB repo rate forecast […]
Kriya Govender, CEO of PRP Solutions “Digital transformation” has been a hot topic for company executives for a while, but it failed to gain traction in their businesses. However, since the onset of the COVID-19 pandemic last year, momentum has shifted with those still undecided about digital transformation and forced many organizations to accelerate their […]
Leading research and humanitarian agencies have joined forces to harness data and technology in a bid to stop climate shocks resulting in hunger in vulnerable livestock farming communities. The Jameel Observatory for Food Security Early Action is being created to help tackle the growing threat to people in the world’s drylands posed by the increasing […]
By Arjen de Bruin, MD at OIM Consulting The latest figures from Statistics South Africa have revealed that in July 2021, there was a 10.3% year on year increase in mining production, which it has attributed to higher commodity prices and the recovery in the global economy. And while the sector appears to be on […]
Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]
In 2020, South Africans experienced the most intensive load shedding to date. These crippling power cuts, which amounted to a staggering 856 hours, almost 10% of available hours, cost the economy billions of Rands. Poor performance at several power stations, including Kusile and Tutuka, resulted in a rapid depletion of Eskom’s emergency generation reserves. Furthermore, […]
Ransomware attacks have massively increased since the start of lockdown. Here’s what you need to know to protect your company. When hackers targeted Transnet’s computer systems in late July this year, logistics at major ports ground to a near-halt for the second time in a month (following the protests and looting) as the company was […]
Johannesburg – Today, Ceres Fruit Juices announced the introduction of an initiative aimed at reducing plastic waste and has invited Craig Foster, award winning producer of the documentary: My Octopus Teacher, to participate in a roundtable highlighting the impact of plastic waste on the marine environment. Plastic waste management is a growing concern across the globe, […]
Global Hospitality Management Firm Partners with Africa’s Fastest Growing Local Hotel Chain, CityBlue in Recent Joint Venture Valor Hospitality Partners, a global, full-service hotel management company announced today their recent partnership with CityBlue Hotels, Africa’s fastest growing local hotel chain, owned by The Diar Group. Under a long-term arrangement, the new joint venture, to be called Valor […]
The Covid-19 pandemic brought with it some unexpected benefits for the South African ICT sector, including increased productivity and the potential for employers to reduce their operating costs. This is one of the findings in the first South African ICT Skills Survey to be carried out since the start of the Covid-19 pandemic by Wits […]
The Republic of Mauritius’ First Female President, Her Excellency, Dr Ameenah Gurib-Fakim, Former Justice of the Constitutional Court of South Africa, Justice Yvonne Mokgoro, Mrs Patricia Obozuwa, Vice President of Coca Cola, join ImpactHER’s Executive Wise Counsel. First female President of Mauritius, Her Excellency; Dr Ameenah Gurib-Fakim, Vice President, Government Affairs, Communications & Sustainability […]
The Annual Investment Meeting 2022 will focus on SMEs and Startups by offering funding and financing opportunities and strategies to maximize the growth potential of businesses. The world’s renowned and leading investment platform, The Annual Investment Meeting will be held on 29 – 31 March 2022, under the theme “Investments in Sustainable Innovation for a […]
Promoting film production in the Global South From September 14, 2021, filmmakers from Tanzania and Uganda are invited to apply for film development funding and training offered by DW Akademie. The German media development organization DW Akademie is looking for filmmakers from Uganda and Tanzania who have already made one or more films and would like […]
Focussed on catalysing dramatic change via disruptive tech investments in emerging markets, the Global Innovation Initiative Group (GIIG), has today announced the launch of a unique profit and purpose fund aimed at investing in early-stage tech innovation startups across Africa. The GIIG Africa Fund, a Curaçao-based private investment fund, will invest annually in the winners pool […]
Reduces cost of soil testing by more than 75% Backed by leading impact investors DOB Equity and AHL Venture Partners Crop Nutrition Laboratory Services Ltd (Cropnuts), Africa’s leading independent laboratory for agricultural and environmental testing, has launched AgViza, a disruptive AI based soil testing and digital crop advisory service for smallholder farmers. The livelihoods of […]
On Thursday, 16 September 2021, startup ecosystem stakeholders will be unveiling the latest findings and plans towards the development of a proposed South African Startup Act – a call to the President to unleash the growth and innovation inherent in the country’s entrepreneurs and youth. These findings, gathered over the past six months via desktop research, focus […]
TecXposition 2021, has launched the second edition of its annual Africa’s premier tech event. Taking place from November 11th – 12th 2021, the virtual event offers the opportunity to experience technology through a global lens, with local outcomes as well as demystifying tech with a view to improving profitability and enhancing everyday living. Themed ‘Improving […]
Cathay Africinvest Innovation leads round as company expands precision medicine capabilities across the African continent 54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round, led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo Capital, […]
With steady population growth and rapid urbanisation in the Cape Winelands expected to put severe pressure on the district’s public services[i], Stellenbosch Network has opened nominations for its second annual #IdeasForChange Challenge. In doing so, the organisation invites all people living, working or studying in Stellenbosch and surrounds to submit their innovative ideas towards making Stellenbosch a […]