Author Archives: Africa Business

African Startups to Play a Critical Role in Taking the Planet ‘from Tragedy to Triumph’ …But where will the funding come from?

This week, the 2021 United Nations Climate Change Conference (COP26) got underway in Glasgow, turning the world’s attention to the global climate crisis and the solutions needed to address this. But many solutions already exist… in Africa. “Whilst we are delighted that nearly 500 global financial firms have agreed to align $130 trillion – 40% of the […]

African climate innovators dominate global climate prize at COP26

Four African climate innovators were named as winners at 2021’s presigious Ashden Awards held on November 4 at the global climate summit COP26 in Glasgow, UK. Three more of the continent’s low carbon pioneers were announced as runners up. The Ashden Awards honour pioneering organisations from the UK and low-income countries lowering carbon emissions and […]

AFEX predicts higher prices for core grains and advocates for African food balance sheet in new report

Nigerian commodities exchange releases 2021 Annual Crop Production report to boost agricultural data and guide financing and policy decisions Lagos, Nigeria – 2 November 2021. Nigeria’s core grain prices have been projected to trend upwards in the new season due to persistent gaps between commodity supply and demand, according to a new report by commodities […]

Lesotho Business Forum at Expo 2020 Dubai Wrapped Up Successfully

The Lesotho Business Forum, themed “Lesotho Rising to Prosperity”, addressed major topics influencing business and investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards Lesotho. Dubai (03/11/21) – The Lesotho Business Forum was held on the 28th of October 2021 at the Business […]

Half of enterprises cannot trust their CRM data for a single source of truth on customers

Independent research shows firms are lacking basic data management capabilities; CRM data is of limited use Half of large enterprises worldwide (47%) feel they cannot rely on their CRM data to provide a single source of truth regarding customer data, according to the State of Enterprise CRM Data Management: 2021 study released in October. Commissioned […]

Only 20% of companies reported not getting attacked in 2021 compared to 32% in 2020

Acronis, the global leader in cyber protection, has released its annual Cyber Readiness Report, providing a comprehensive overview of the modern cybersecurity landscape and the key pain points faced by businesses and remote employees worldwide amid the global pandemic. Acronis’ research from last year revealed more than 80% of global companies admitted they were not prepared […]

Draper Startup House expands to Africa with a new location in Morocco

Casablanca, Morocco, 1st November 2021. — Draper Startup House has opened its first location in Morocco, partnering with KOWORK Anfa Place in Casablanca. With the launch, Draper Startup House expands its presence into Africa in a year when tech startups in the continent raised a record-breaking $1.1 billion through the first eight months of the […]

SA’s Social Entrepreneurs Need Support to Succeed

South Africa’s 141,500 social entrepreneurs are both solving the country’s most pressing problems and contributing to the economy in the process, with the creation of nearly 600,000 jobs and an estimated 76,000 more by 2030[i]. Sadly, however, approximately 70% say they struggle to raise funding due to a lack of networks[ii] and40% don’t even know […]

Etisalat hosts Acronis partner world’s first electric flying racing car Airspeeder at GITEX Global

Acronis, the global leader in cyber protection, and UAE’s leading telco Etisalat together hosted the first electric flying racing car prototype Airspeeder at the just concluded GITEX Technology Week held in Dubai. Etisalat, one of the world’s leading telecom groups in emerging markets, meets the best-in-class innovative technology from sport. Etisalat enables the impossible, proving it […]

Underwriting facility set to energise geothermal development in Kenya and Ethiopia

FSD Africa, the UK Government’s flagship financial sector programme in Africa, and Parhelion, a UK-based specialist energy and climate risk finance advisory company, have today announced plans to launch a first-of-its-kind underwriting facility, backed by East African insurers, to de-risk early-stage development of geothermal energy projects with the capacity to significantly expand electricity access and energy sector […]