The new event facilitates strategic African trade opportunities With the number of African e-commerce users expected to exceed half a billion over the next three years, there is an increasingly urgent need for sophisticated logistics systems to strengthen and support the continent’s expanding transport infrastructure. The pandemic served as a catalyst for the advancement of […]
Author Archives: Africa Business
By Pitamber Kaushik As the Federal Reserve, the central bank of the United States, continues to hike its lending rates aggressively in order to rein in persistent inflation, the stress exerted by the bulking US Dollar continues to send ripples throughout the world. Being the predominant medium of international exchange, serving as the world’s principal […]
The festive season is a time to be enjoyed, spending quality time with family and showering others in kindness and generosity. However, the South African festive season is also, unfortunately, synonymous with fraud. If history is anything to go by, many South Africans are expected to fall victim to fraud during this period. The Ombudsman […]
By Philippa Owen, ESG Lead at GraySwan After several days of focused negotiations in Sharm el-Sheikh, this year’s COP27 closed with a sense of comfort that the needs of emerging and developing markets have not been overlooked. The agreement to create and implement a loss and damage fund to rescue and rebuild physical and social […]
Kieran Whyte, Partner and Head of the Energy. Mining & Infrastructure Group, Baker McKenzie, Johannesburg During the World Leaders’ Summit at COP 27 in November 2022, South African President Cyril Ramaphosa launched the new Just Energy Transition Investment Plan (JET IP) for South Africa. It was at COP 26 in November 2021, that it was […]
Digital Africa, in partnership with Make-IT in Africa, launched Talent 4 Startups in 2022. The program’s objective is to improve the employability of African talent in startups through fully-funded trainings. The program was designed on the basis of a repository of skills and jobs required by startups on the continent, developed with Edtech Connections. The […]
CAPE TOWN – Hot on the heels of yet another interest rate increase adding more yet squeeze on businesses and consumers alike, South Africans showed they still have an appetite for retail spending, with data from leading omnichannel payment solutions provider Ecentric Payment System’s 2022 Black Friday Payment Gateway Dashboard showing whopping increases in both […]
Onyango Rachael Kenya is among the least contributors to greenhouse gas emissions worldwide but still bears the brunt of climate change. A third consecutive below-average rainfall is negatively affecting food availability and access for women, men, and children in 20 of the 23 arid and semi-arid land (ASAL) counties. According to the National Drought Management […]
Bitgreen joins the mission by aiming to raise $10M in debt financing through its blockchain platform for the Betmai Hydroelectricity Facility backed by Sewa Energy Resources, the Rockefeller Foundation, Bezos Earth Fund, and IKEA Foundation Bitgreen, the company building blockchain’s epicenter for sustainability, partners with green infrastructure developer Sewa Energy Resources (SERL) and international climate […]
Ramani, the African software company building a cloud network of micro-distribution centers for Africa’s $1 Trillion consumer-packaged goods supply chain, has announced this week the close of its $ 32 million series A round of equity & debt. The company plans to use the new funding to increase its distribution footprint across the continent and […]