Author Archives: Africa Business

GITEX GLOBAL x Ai Everything, world’s biggest and most collaborative tech event of 2021, set to drive international transformation

GITEX Global x Ai Everything, the world’s most influential technology sourcing and networking event of 2021, is returning for its 41st edition at Dubai World Trade Centre (DWTC) from 17th-21st October as the United Arab Emirates prepares to celebrate its 50th anniversary. GITEX GLOBAL x Ai Everything will be the world’s most complete, experiential technology […]

FSD Africa backs fintech pioneer to build a new platform aimed at increasing access to carbon markets

FSD Africa, the UK Government’s flagship financial sector programme in Africa, is making an initial investment (£650,000) in a highly innovative digital solution connecting carbon credits from small-scale green projects across the global south to international buyers. The investment will deliver funding through the test phase of the solution being developed by Nick Hughes, who […]

Peach Payments expands into Mauritius, serves as key event sponsor at Africa FinTech Festival

Peach Payments is pleased to announce that it has set up an office in Mauritius recently in pursuit of its pan-African expansion strategy. As a FinTech start-up that was set up in South Africa in 2012 and expanded into Kenya in 2018, the company is set to make a significant contribution to the pan-African FinTech landscape […]

New case study on digitalisation of financial service providers to serve low-income customers

This new publication explores the answers to the question: How best to digitalise a financial institution? The case study draws upon management consulting literature to assess digitalisation strategies in a pragmatic way. It assesses three leading African financial organisations against this framework: Al Barid Bank, Morocco; Equity Bank, Kenya; and Consolidated Bank, Ghana. The World […]

Africa to take center stage at GITEX Global 2021 – Save the date to the exclusive B2B tech gathering

The countdown has begun. From October 17-21, over 100,000 B2B tech players, including industry leaders, key influencers, public-sector stakeholders, 4000 exhibitors, and government officials from Africa and every corner of the world, will converge at the biggest tech show of the year in Dubai to discover the latest innovations and connect with 400 high-level investors […]

ONOMO Hotels Group opens its first hotel in Kampala, Uganda consolidating its investment in East Africa

This new hotel marks a milestone in the group’s growth in East-Africa, and brings its footprint to 22 hotels in 13 countries in Africa ONOMO Hotels Group continues its development in East Africa and opens its first hotel in Uganda. In line with the group’s strategy of opening hotels in the heart of iconic African […]

TLcom Announces 3rd Africa Tech Female Founder Summit

Julia Gillard, Former Prime Minister of Australia & Chair of Andela, announced as keynote speaker  TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of the 2021 Africa Tech Female Founder Summit, which will be held virtually on Wednesday 13th October 2021. The keynote session is headlined by Julia Gillard, former Prime […]

DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies

Development Partners International (DPI), a premier investment firm focused on Africa, announced on 4th October that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings a total of US$1.15 billion […]

Canon revolutionises 180° VR with its innovative 3D VR system and Canon RF 5.2mm F2.8L DUAL FISHEYE lens

The ground-breaking new EOS VR SYSTEM includes the world’s first lens for digital interchangeable lens cameras enabling 180° VR shooting with one camera to a single sensor Canon Europe today announces the latest innovation in the EOS R System – a pioneering new virtual reality capture solution that leverages the superior capabilities of the RF […]

EXPO 2020 DUBAI: FIRST BIG INVESTMENT DEAL ANNOUNCED BY UGANDA

Participant country starts Expo 2020 Dubai investment rush by signing deals worth USD 650m in the first big investment announcement of Expo Investments are across sectors including healthcare, energy and transportation Ugandan Minister of Finance, Planning and Economic Development Hon. Matia Kasaija signs a series of investment deals that will generate jobs and economic growth […]