The upcoming second Angola Oil and Gas Service and Technology Conference (AOTC), is set to run in Luanda from 23-25 November and it’s shaping up to be the event of the year. The event billed as the country’s premier oil, gas and technology conference has once again been endorsed by the Angolan Ministry of Mineral […]
Author Archives: Africa Business
While 2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money from more investors than ever before[i]- critics and commentators alike have often claimed that Silicon Valley-style investment frameworks are ill-suited to the continent’s diversity and nuanced need for funding. With investment into African startups considered […]
Digital Cooperation Organization (DCO) convened Ministers and delegates from UN member states at UNGA side event to discuss ‘Shaping an Inclusive Digital Age.’ First event during UNGA held by seven-member global bloc spanning Africa, the Middle East and South Asia, 80% of whose 480 million population are under the age of 35. The Digital Cooperation Organization […]
Cape Town is featured in the world’s preeminent report on advancing startup ecosystems – ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups […]
The technology group Wärtsilä and Gabon Power Company (GPC), the subsidiary of the Sovereign Fund of the Gabonese Republic (FGIS) dedicated to energy and water, have on 22 September 2021 signed a Concession Agreement with the Government of Gabon for the development, supply, construction, operation and maintenance of a 120 MW gas power plant. Wärtsilä, […]
South Africa’s biggest banks are warning customers about a marked increase in vehicle purchase scams. Criminals place adverts for fake vehicles online at hugely discounted prices to lure in buyers hunting for a great bargain. Sameer Kumandan, Managing Director of SearchWorks, an innovative platform which allows consumers to perform live, accurate vehicle searches and valuations as well […]
South Africa’s incidence of mesothelioma, a type of cancer that occurs in the thin layer of tissue that covers most of your internal organs, is ranked among the highest in the world. This cancer stems from over a century of asbestos mining and production. Since the 1930s, medical science has recognized the potential dangers of […]
Leading South African founded and owned Agri-FinTech start-up HelloChoice has announced the finalisation of a major investment from Standard Bank, solidifying its market leading position as the premiere digital fresh produce and agricultural marketplace. HelloChoice is a proudly South African success story, founded in 2018 by Grant Jacobs and Graeme Jarvie, who had a vision to […]
All roads lead to Dakar, Senegal this month for the first cohort of the Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Demo Day. After a grueling three months of pivots and business development facilitated by leading tech accelerator, Startupbootcamp Afritech, the Top 11 startups will showcase their work to a live audience on 30 September 2021. Taking […]
Did you know that the country’s national savings rate jumped from 14.2% in December 2020 to 18% in the first quarter of this year – the highest it has been since 2010 [i]? According to the South African Reserve Bank, this is a reflection of household spending patterns amid the uncertainty around the COVID-19 pandemic. Hennie Blignaut, […]