While South Africa’s economy took a series of blows over the last year, business owners remain confident that things will slowly start to stabilise in 2021. This was reaffirmed with South Africa’s SACCI business confidence index rising to 93.4 in November of 2020 from 92 in October, above pre-pandemic levels. According to Trevor Gosling, Co-founder […]
Category Archives: African News
African Business News
Endeavor empowers entrepreneurs for business growth Despite prolonged global market uncertainty, Endeavor South Africa has reported significant growth in their portfolio of disruptive tech businesses. The local chapter of the global non-profit organisation, which supports high-impact entrepreneurs in emerging markets, reported collective raises of R2bn in 2020 alone amongst the portfolio of 29 businesses, compared […]
African News, Agriculture, Fintech, Main, Medicine
Five Tech Megatrends that can Transform African economies in 2021 and beyond
The world has been experiencing massive digital disruption with the relentless rollout and adoption of disruptive and innovative technologies. Embracing digital disruption is daunting, since it is extremely unsettling with the rapid change brought about within societies and the severe impact on unskilled labor. Even if the African continent will not be spared by digital […]
Newspaper is an essential part of a civilized society. A newspaper is a paper with information about the economy, politics, business, sports, entertainment, etc. The popularity of website-based newspapers is rising as everybody can read them from anywhere. Today, we will discuss the top five African news portals in short. AllAfrica.com is a renowned news […]
African News, Events, Nigeria News
Dubai-based prominent African entrepreneur and philanthropist, Mahmood Ahmadu, conferred the Forbes ‘Best of Africa’ Award
The founder and executive chairman of Online Integrated Solutions is one of three leading African business luminaries to receive the prestigious recognition In a virtual ceremony held on September 11th 2020, Mr. Mahmood Ahmadu – founder of Africa’s leading multi-business IT conglomerate – was one of three celebrated business leaders to be presented the Forbes […]
African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]
By Morne van der Merwe, Managing Partner and Head of the Corporate/M&A Practice, Baker McKenzie Johannesburg Countries in Africa are preparing for the reality that a hard Brexit could lead to increased risk aversion and reduced investor appetite for trade in the region. Akinwumi Adesina, president of the African Development Bank (AfDB), said recently that […]
An updated assessment by a United Nations Environment Programme-administered treaty has confirmed that poaching continues to threaten the long-term survival of the African elephant. Based on the Proportion of Illegally Killed Elephants data, or PIKE, the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has evaluated the levels of illegal […]
African News, Ethiopia News, Main, Nigeria News
Investing in Africa: An Outlook on Nigeria and Ethiopia
Itumeleng Mukhovha, an associate in the Corporate/M&A practice at Baker McKenzie in Johannesburg One can easily assume that international investors are deterred from investing in Africa given the growing need to weather a global financial crisis, which has been distorted by Brexit, rising geopolitical tensions, tightened global liquidity conditions, leveraged loans and sketchy debts that […]
African News, Ghana News, Kenya News, Main, South Africa News, Uganda News
Towards a world without waste
The invention of plastic has changed the world in so many ways – for both better and worse – that it’s hard to picture modern life without it. Instinctively, we might think a plastic-free world could only be an improvement, but that would be to ignore the extent to which plastic is interwoven in almost […]