DFIs directly or indirectly support over 6 million African jobs in the private sector New report published today by the ONE Campaign and the African Centre for Economic Transformation (ACET) reveals that the 10 largest global bilateral development finance institutions (DFIs) could substantially reduce Africa’s spiraling unemployment rate by 2025. The report titled Shifting and Accelerating DFI […]
Author Archives: Africa Business
In a global survey of 300 C-suite banking industry executives, 54% say their financial institutions have faced greater competition over the past three years from digital alternatives while 47% of UK respondents found this to be the case. However, these executives also indicate that they are better positioned to compete. Notably, 85% of respondents reported […]
How do you do trust someone you can’t meet in person? It’s a question organisations have been grappling with in the age of the internet, KYC requirements, and the rapidly escalating costs and consequences of identity fraud. “Enter biometrics with liveness detection, a state-of-the-art solution that onboards customers securely, easily, and quickly,” says Lance Fanaroff, […]
Leading transport event tackles the key challenges of inter-Africa trade expansion In 2021, the Port of Maputo achieved a new handling record of 22.2 million tons, representing 21% year-on-year growth compared to the previous year’s handling volume of 18.3 million tons. A reflection of a post-Covid market recovery, Mozambique’s Maputo Port Development Company (MPDC) CEO Osório […]
From laptops, televisions and navigation devices to cell phones, video games and smartwatches – screens of all shapes and sizes are fast becoming the preferred medium for people all over the world to acquire news, information, and knowledge; to entertain themselves; be productive; and connect. And as the tech capital of Africa, Cape Town is […]
2021 was a truly transformative year for the mobile app industry. In light of multiple lockdowns as well as wholesale privacy changes affecting user acquisition on iOS, consumer habits and user behavior patterns have undergone immense change and impressive growth. But how have these challenges affected the app marketing ecosystem? Mobile app trends 2022 provides […]
Mauritania is set to become a global energy hub with gas projects such as the GTA and the BirAllah. Previous gas discoveries in Mauritania coupled with efforts by the government to make gas central to driving economic growth and poverty reduction have positioned the northwest African country as an emerging global gas hub. Since the […]
Cheap, mouldable, and corrosion resistant; these qualities have made plastic a dependable packaging staple for the manufacture of consumer goods sold online. But in South Africa – where the total cost of plastic waste pollution exceeds R885 billion annually[1] – the search is on for new and innovative approaches to minimising how the material is used […]
The Social & Inclusive Business Camp (SIBC) has begun searching for its 6th cohort of African entrepreneurs. Leaders of developing, high-impact companies on the continent have until June 26 to apply for a place on the SIBC 2022! The Social & Inclusive Business Camp has become the unmissable event for high-impact African entrepreneurs and will soon […]
Transport infrastructure is a fundamental enabler of sustainable economic growth in Africa and essential for global competitiveness and trade. As with many industries around the world, the transport industry is currently experiencing great change, which is being driven by several global trends, including technology and automation and Environment Social Governance (ESG). Tech-Driven Efficiency From self-driving […]