Twiva Ltd, Kenya’s pioneering AI-driven and influencer-powered social commerce platform, is celebrating a significant milestone after winning two prestigious accolades at the Kenya E-commerce Awards held at the Movenpick Hotel. Twiva proudly announces its victories in the E-commerce awards, bagging at 1st place, the Top Rising Star, Ecommerce Award and at first runner-up position, for the Best Social Commerce Platform; categories.
Category: Business
Business insights, company profiles and industry analysis covering African markets, leadership, entrepreneurship and economic growth.
Africa sees wave of credit downgrades last year – bucking global trend of net upgrades
African countries saw 15 credit rating downgrades and only 4 upgrades to their sovereign bonds last year, says leading specialty (re)insurance group Chaucer.
Game Changers: How Athletes’ Sports Skills Can Help Promote Economic Development in Ghana’s Oil Industry
This study explores how elite athletes’ transferable skills can support economic development in Ghana’s oil industry. With the sector facing a growing skills crisis, the research identifies how competencies gained through high-performance sports—such as teamwork, communication, leadership, strategic planning, decision-making, negotiation, creativity, and emotional intelligence—can help address human-capital shortages in the downstream oil sector. By mapping skill overlap using a visual assessment method and surveying former elite football players now working across major oil-industry roles, the findings show strong alignment between sports-developed abilities and industry requirements. Leveraging these undervalued skills offers a practical pathway to strengthen workforce capacity and advance sustainable economic growth in Ghana’s energy sector.
Valuable insights for African companies doing business overseas – International Chamber of Commerce (ICC) Report: The Truth About B2B Cross-Border Relationships
The International Chamber of Commerce (ICC) has recently published an in-depth Report on the differences in attitude and approach around the world to commercial contracts and disputes, providing valuable insights and guidance for African businesses trading overseas.
OmniRetail Emerges First in Financial Times’ Ranking of Africa’s Fastest-Growing Companies
Omniretail, a B2B enablement platform focusing on digital infrastructure in Sub-Saharan Africa, is proud to announce it has secured the top position in the Financial Times (FT) ranking of Africa’s Fastest-Growing Companies for 2024. The ranking, now in its third year, continues to highlight the dynamism and growth of companies in sectors including fintech, renewable energy, healthcare, e-commerce, and agriculture.
TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million
Africa’s Leading Early-Stage VC Surpasses Target for Its Second Fund, TIDE Africa II, Focused on Seed & Series A Companies
Adenia Closes Fifth Flagship Fund Oversubscribed at $470M
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap. The Fund, which was significantly oversubscribed, attracted commitments from new and existing investors globally.
Bias-free Futures: Strategies for Ethical AI Implementation
As organisations step up efforts to leverage the capabilities of artificial intelligence (AI), it is essential for both AI developers and regulators to consistently contemplate, integrate, and advocate for ethical considerations throughout the entire process. That’s according to Hope Lukoto, Chief Human Resource Officer at BCX, who points out that while AI promises a plethora of business benefits, responsible use of the technology is key to unlocking its full potential.
The African Continental Free Trade Area Investment Protocol signalled a new era in sustainable trade and investment
The African Continental Free Trade Area (AfCFTA) is predicted to increase Africa’s trade income by USD 450 billion by 2035 and will boost intra-African trade by more than 81 percent, according to a recent report by the World Bank.
The $3bn Private Credit Opportunity in Africa
Africa’s mid-market businesses, the backbone of the continent’s economic growth, can find themselves trapped in a financing void. With annual revenues typically surpassing $10 million, these companies find themselves in a precarious position – too large for microfinance, yet too small or risky for traditional banks.