Saturday, November 23African Digital Business Magazine

African News

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African News

Why choose Mauritius for your cross-border business structuring?

Known by tourists for exquisite beaches, stunning landscapes and for being a multicultural island, Mauritius is considered as a leading country for cross-border business structuring by the international business community. The country’s strong network of strategic Free Trade Agreements contributes to consolidating its leading position as a trade platform between Africa and Asia. What makes Mauritius a global business jurisdiction? What are the advantages of choosing Mauritius for cross-border structuring? By offering numerous benefits to companies that are trying to widen their activities worldwide, Mauritius has help to maintain its status as a global business jurisdiction. Positioned in a strategic location between Asia and Africa has created a key advantage for Mauritius as it is p...
African News

Why fund of funds unit trusts are the way to go

By Gregoire Theron, Chief Investment Officer at GraySwan Investors have the option to either construct their own portfolio of selected single unit trusts or use a fund of funds solution – otherwise known as a fund of funds unit trust. Investors who are looking for well-diversified combination of single unit trust funds which provides consistent superior performing and at lower fees than the industry should consider fund of funds unit trusts. There are a select few premium fund of funds unit trusts which provides such as a one stop shop solution. Single manager unit trusts, which are managed funds that pool money from investors to achieve economies of scale, have grown increasingly popular as they provide easy access to a broad range of assets, such as local and offshore stocks, bonds an...
African News, Business, South Africa News

How private investors can access offshore equity and commodity markets safely

Structured products enable diversification into offshore markets while controlling risk. Any investor worth their salt understands the importance of diversification, particularly in a contemporary economic environment characterised by such volatility and uncertainty. Spreading investments across industries, asset classes and geographies is a key component of risk reduction in an investment portfolio, as should one investment fare poorly, the others should ideally offset this, resulting in consistent return. This is fundamental to achieving long-term financial security. Bearing in mind that JSE-listed stocks represent merely 1% of the total listed equity market capitalisation in the world, investing offshore can help you gain exposure to investment opportunities and markets that may not b...
African News, Events, Nigeria News

The International Arbitration Conference Will Reveal the Benefits of Arbitration for African Businesses

In its Centenary year, the ICC’s International Court of Arbitration has set servicing African commercial disputes as one of its top strategic priorities.  Speaking as the 7th ICC Africa Conference on International Arbitration prepares to kick off in Lagos at the end of this month, (31 May to 2 June), ICC Court President Claudia Salomon said “Our aim is for the African business community to see the ICC Court as their go-to partner for dispute prevention and resolution.  And as we invest in, develop and deliver this strategy we are determined to include local voices, rather than impose our own ideas as a foreign institution.  This conference will be hugely significant in placing arbitration, and our particular brand of it, centre-stage for the handling of African commercial disputes”. To da...
African News

From risk to rock bottom: eradicating fatality by understanding risk propensity

By Lani van der Merwe, Organisational Development Consultant at OIM Consulting Mining is notorious for being one of the most dangerous working environments in the world. Consider a ‘workplace’ created by Mother Nature in all her beauty and brutality, coupled with heavy machinery, an often-autocratic leadership style and unrelenting target-chasing, and it’s unsurprising that we’ve seen so many fatalities in the past. Yet over the last few years, the public and private sectors have poured enormous energy into promoting health and safety within mines, with new safety controls developed and rolled out far and wide. This approach is showing dividends, and the number of fatalities has dropped significantly since a few decades ago. However, sometimes rigorous checks and balances – while necess...
African News

Save the Children and THINKMD Expand Partnership to Improve the Lives of Children Globally

New enterprise-wide agreement will enable global adoption and delivery of physician-like health assessments        Save the Children, one of the world’s leading      organizations focused on improving the lives of  children, and THINKMD, a clinical intelligence platform built by doctors, have announced an enterprise-wide technology licensing agreement to expand the existing partnership between the organizations and enable adoption and scaling of THINKMD’s platform to improve the health of children globally.  The digital health software global enterprise agreement - a first for Save the Children - builds on Save the Children and THINKMD’s current partnerships in Bangladesh, Indonesia and Kenya. With proven impact in these countries since 2017, including over 366,000 high quality clinical ...
African News, Agriculture, Business

Fairtrade Increases Coffee Minimum Price As Farmers Face Mounting Economic and Climate Pressures

Fairtrade will raise its Minimum Price for coffee in an effort to strengthen protections for coffee farmers around the world amid the intensifying impacts of climate change and growing global economic volatility, the social justice organization today confirmed. The new Fairtrade prices, which come into effect for contracts signed as of 1 August 2023, will increase the baseline price by 19 percent and 29 percent for Fairtrade certified Robusta and Arabica coffee, respectively. This will provide farmers with significant price risk management support in times of wild market fluctuation, and adapt to their needs as they face inflation in their home countries and substantial additional costs due to climate change adaption. The new Fairtrade Minimum Price for washed Arabica beans – which repres...
New report shines spotlight on e-mobility innovators unlocking access to the US$3.65bn motorcycle market in sub-Saharan Africa
African News, Tech

New report shines spotlight on e-mobility innovators unlocking access to the US$3.65bn motorcycle market in sub-Saharan Africa

More than 90% of electric motorcycles sold in sub-Saharan Africa are imported from China and India and are not built for African conditions Electric motorcycles are set to be a dominant force in sub-Saharan Africa’s sustainable mobility transformation, but continued investment in start-ups tackling barriers across the value chain will be critical to maximise the full potential, says a report recently released by the Powering Renewable Energy Opportunities (PREO) (https://www.PREO.org) programme. Two-wheelers are quicker and more easily manoeuvrable than four-wheeled vehicles, especially across sub-Saharan Africa, where countries often have poor-quality roads. Motorcycles also provide stable income opportunities. The Charging Ahead – Accelerating e-mobility in Africa (https://apo-opa.info...
African News

Continuing the Fight Against TB

by Snorre Westgaard Humana People to People has played a vital role in the fight against TB over the last few decades. With grants from Governments and international partners complemented with funding from members of Humana People to People, we have made good strides. The thousands of passionate people on the ground can rightly feel proud of the unwavering and often selfless personal contribution. But unfortunately, the fight is not over. Over the last few years, virulent new drug-resistant strains have emerged, and cases have now risen for the second year in a row. As we recognise this year’s World TB Day on 24th March, we must use the occasion to become more committed than ever to ending this terrible disease.  But how do we do so?  We know that the best way for the world to eradicate...
African News, Startups

Hong Kong rolls out red carpet to African business

Hong Kong, Asia’s leading business destination and the gateway to Mainland China and Asia, is stepping up its efforts to attract African business, with the opening of an InvestHK representative office in Africa. InvestHK, the department of the Hong Kong Special Administrative Region (HKSAR) Government responsible for Foreign Direct Investment, has a presence in 33 markets and is now actively building mutually beneficial relationships with leading African and South African enterprises such as major banks, metro development organisations, and the JSE. Speaking at a briefing at the JSE in Johannesburg, InvestHK Director-General of Investment Promotion Stephen Phillips noted: “Africa is an important part of our strategy, therefore we are building relationships and representation in South A...