Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative […]
Author Archives: Africa Business
The European Union’s (EU) General Data Protection Regulations (GDPR) are considered to be a global standard for the protection of personal information. Across Africa, many existing data security and protection laws were modelled on the regulations of the EU’s first data privacy legislation – the EU Data Protection Directive (1995), which preceded the GDPR. Current […]
The development of 3408 Belva began in December 2020, a green project by Belva Homes, with a clear vision to incorporate luxury city living whilst maintaining an eco-friendly philosophy. The team identified a need in the real estate market to incorporate busy city life living in conjunction with breathtaking surroundings of nature and a peaceful […]
Data released by Statistics South Africa in Q4 of 2021 showed that 45% of young people aged–34 years were not in employment, education or training. This means more than four in every 10 young males and females were unemployed and not receiving skills training. In 2022, predictions for the South African youth unemployment rate are […]
African News, Business, Events, South Africa News
Smart minds look to smart solutions at Africa’s only dedicated Smart Cities Summit
Big industry players join forces to tackle urban decarbonization challenge The world’s population is on a fast-track from rural to city living. With around 55% already residing in urban areas, this figure is expected to rise to 70% by mid-century. Cities may be the engines of growth and account for more than 80% of global […]
African News, Business, Events, Ghana News
Public Private Collaboration is Key to a Sustainable Mining Sector in Africa
Leading event in Accra shines a spotlight on responsible change The town of Obuasi in the Ashanti region of Ghana, West Africa, has a long and rich mining history. In 1897, large scale commercial and industrial mining began at the Obuasi Gold Mine and continued for over a century until its closure in 2014 for […]
South Africa News
Northern Cape set to benefit as the ‘New Oil’, Copper, is set for steady climb as world economy pilots to green
Cape Town: Big Tree Copper chief executive Jan Nelson expects a steady climb in demand for the red metal over the next three decades. This, as the world has turned its full attention to sustainable energy and a greener economy. It is likely the beginning of a super cycle. Investment bankers Goldman-Sachs already called copper […]
As organisations focus on digitally transforming their enterprises, cybersecurity professionals have been facing an expansion of their attack surface – compounded by the digital explosion during the pandemic. Almost every category of cyberattack increased over the course of 2021. The number of encrypted threats spiked by 167 percent, ransomware rose by 105 percent, and intrusion attempts climbed […]
According to the 2021 Global Startup Ecosystem Report by Startup Genome, Africa’s startup ecosystem is currently valued at $6.6 billion, with Cape Town, Lagos, Johannesburg, Nairobi and Accra named as the leading regions for startup growth on the continent There are plenty of game-changing startups bubbling up across the continent – here are four making […]
While every business, irrespective of size, is vulnerable to payment fraud worrying gaps in South African motor dealerships’ payment systems put the entire sector at risk. Ryan Mer, CEO at eftsure Africa, a Know Your Payee™ (KYP) platform provider, says the most common thread in cases of fraud is the human element which can involve sophisticated […]