Author Archives: Africa Business

Highlighting Recent Eritrea-Kenya Engagement

By Dr. Fikrejesus Amahazion Earlier this week, President Isaias Afwerki traveled to Kenya to meet with President William Ruto, following up on the latter’s visit to Eritrea late last year. During the two-day working trip to Nairobi, President Isaias, accompanied by a high-level delegation, held extensive talks with his counterpart and other Kenyan government officials. […]

Fedhealth to offer genetic testing to improve members’ health

Fedhealth partners with Intelligene to offer personalised genetic testing for its members A new partnership between Fedhealth Medical Scheme and medical bio-tech company Intelligene offers exciting opportunities for genetic testing to improve the efficiency of medication, mitigate health risks by identifying possible future illnesses, and even optimise an individual’s lifestyle by pinpointing the nutrition and […]

Why it’s a good time for South African investors to address concentration risk

With the US dollar having pulled back from the highs seen in the second half of 2022, this is an opportune time for South African investors to address domestic concentration risk if they have been overly exposed to local assets, according to investment advisory and wealth management firm GraySwan. Aggressive interest rate hikes by the […]

Rixos Hotels Egypt Bagged a Recognition of the Booking.com Traveller Review Award 2023

Rixos Hotels Egypt embraces the brand-new year with another recognition as their luxurious properties were recognized with Booking.com Traveller Review Award 2023. This distinguished award is an annual appreciation program for various hospitality partners with remarkable services, determined by the review scores that travelers leave after their stay or experience the property. The Ultra All […]

The big impact of AI and more for businesses in 2023

Artificial Intelligence

By Ciaran McKivergan, CEO and founding partner at 8909 Digital Artificial Intelligence (AI) will slowly start its journey to necessity in the advertising world in 2023. It’s ‘been coming’ for a few years now and a few progressive operators have slowly been rolling it out, but 2023 will be the year that its application reaches […]

GSA Africa winners to hit the global stage in Copenhagen, next cohort encouraged to submit applications

Winners of last year’s African Startup Awards will be enroute to Copenhagen, Denmark, this March to showcase their solutions to some of the world’s top startups, venture capitalists, and ecosystem enablers at the Global Startup Awards (GSA) Grand Finale. In the meantime, innovators looking to be a part of the next delegation are encouraged to […]

Why the promise of a cashless society is key to unlocking the Nigerian commerce growth opportunity

By Justin Floyd, CEO of open commerce platform, Redcloud  Cash is a uniquely expensive and inconvenient way to do business. However, shifting to a world of cashless payments is easier said than done, as many policymakers have discovered to their cost. The Nigerian Government is taking unprecedented steps to reduce the economic reliance on cash and […]

The impact of the African Continental Free Trade Area on the continent’s mining sector

By Virusha Subban, Partner specialising in Customs and Trade, and Head of Tax, Baker McKenzie, Johannesburg Africa is the world’s top producer of numerous critical mineral commodities. With the rapid increase in the rate of global energy transition, the continent’s mining industry has a role to play in sourcing and supplying these critical minerals for […]

Toggle Market’s B2B ‘Buy Now Pay Later’ continues its expansion across the African continent and now launches in Rwanda

Toggle Market’s B2B BNPL product Toggle Finance is aimed at SMEs seeking trade finance alternatives across multiple industry sectors, and is also available for all qualified customers of its marketplace Toggle Hospitality With a growing customer base for its trade, financing and freight & logistics services extending across Europe; the Middle East and in particular […]

Successful adoption of 3D Secure authentication continues to grow globally, according to study from Ravelin

The adoption of the latest version of 3D Secure authentication for online payments has significantly increased around the world, according to a new report by fraud prevention specialists Ravelin. The global average for transactions passing through the latest version (3DS2.2)  has shot up to 17% from 1% in H2 2022. The frequency of version updates in […]