Music in Africa has long been more than just an art form—it is a powerful tool for communication and storytelling, reflecting the continent’s rich and diverse history. Despite Africa’s global recognition in the music industry, many local musicians face financial struggles, preventing them from fully reaping the benefits of their talent.
Author: AfricaBusiness.com
Absa Closes Significant Trade Finance Facility with BII
Absa has successfully secured a $150 million facility from British International Investment (BII) PLC as part of its mission to help close the trade finance gap in Africa.
Futuretech: Telkom, NRF launch tech research funding initiative
Telkom and the National Research Foundation (NRF) have announced the launch of the Future Technologies (FutureTech) programme, a new initiative to co-fund technology research grants and the studies of postgraduate students and postdoctoral Fellows, to help drive innovation.
Is cash dead? If your answer is yes you’re missing the point… and millions of customers
Is cash truly dead? With the rapid rise of fintech innovations and digital payment solutions, one might think so. Yet, despite the digital revolution sweeping across African societies, cash remains very much alive—and for millions, it is still the preferred way to transact. In the article, Cat Denoon-Stevens, Head of Product Incubation at Mukuru, discusses how cash remains an essential element of financial inclusion for millions. Fintechs must embrace this reality, offering flexible solutions that meet customers where they are—whether in the physical or digital realm.
When Ethical Business Practices Emerge as a Powerful Competitive Advantage
Customers today are more informed than ever, making ethical business practices essential. According to PWC, 83% of consumers believe businesses should actively work to improve social and environmental issues. This reflects a significant shift in consumer expectations, where people increasingly hold companies accountable for their impact on the world.
MIGA and ATIDI collaborate to streamline African investments
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group Guarantees, and the African Trade & Investment Development Insurance (ATIDI) have signed a three-year partnership to accelerate foreign direct investment throughout Africa.
THE RISE OF FINTECH INNOVATION IN SA: GOING BEYOND PAYMENTS TO TRANSFORM ACCESS AND OPPORTUNITIES FOR STARTUPS
The piece, “The Rise of Fintech Innovation in SA: Going Beyond Payments to Transform Access and Opportunities for Startups,” discusses how fintech solutions have revolutionized how these businesses operate, providing access to affordable financial services, business management tools, and support.
This article offers valuable insights into the growing fintech ecosystem in South Africa and its potential to drive economic growth.
Kenya’s Renewable Energy Development Prospects
Exclusive Interview with Dr. Ajay Mathur, Director General of the International Solar Alliance (ISA), which is one of its one-of-a-kind multilateral organizations established to catalyze global solar growth. Dr. Ajay Mathur reveals the specifics of renewable energy development in Kenya, explains possible prospects, and talks about investment decisions in this area.
Aleph Group and MTN collaborate to create novel local advertising opportunities
Aleph Group has been appointed as MTN Ads’ sales partner by MTN’s Digital Services, Africa’s largest mobile operator’s advertising division.
How Athletes’ Skills are Helping Build a More Adaptable Workforce and Contribute to Economic Development in Ghana’s Oil Sector
In a previous article [1] we outlined how human capital is expected to soon surpass financial capital as a key driver of economic development within the oil sector, coinciding with a widening global skills gap in the industry.