Business Archives - Page 4 of 29

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

23Jul

By Africa BusinessNo Comments

Business, Democratic Republic of the Congo, Events, Real Estate

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

Luxury Lifestyle Awards, a global recognition platform in the luxury industry, is proud to announce Tabanlıoğlu Architects (TA_) and Miller Holding as winners in the category of Best Luxury Mixed-Use Architecture for the Kinshasa Finance Center and Congress Center in the Democratic Republic of the Congo. Designed by the renowned TA_ and constructed by Miller Holding, the Kinshasa Finance Center transcends its role as an administrative hub. It embodies the DRC's burgeoning progress and bright future. The integrated Congress Center further amplifies this vision, fostering international collaboration and exchange. Founded in 1990 by Murat Tabanlıoğlu and his father, the Istanbul-based architectural firm, with its long family tradition spanning over six decades, demonstrates a professional...

UDB Focuses on Sustainability and Innovation to Drive Uganda’s socio-economic development

23Jul

By Africa BusinessNo Comments

Business, Uganda News

UDB Focuses on Sustainability and Innovation to Drive Uganda’s socio-economic development

Uganda Development Bank Ltd (UDB), the country's national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued pivotal role in fostering economic resilience and sustainable growth across key sectors of the economy. UDB's net loans expanded to UGX1.47 Trillion in 2023, reflecting robust support to the private sector. The Bank strengthened its commitment to providing affordable and patient capital, achieving significant milestones amidst economic challenges. The results, released during the Annual General Meeting held at the Ministry of Finance, Planning, and Economic Development, reflect a sustained effort to facilitate economic recovery. The meeting was attended by the Bank's shareholders, the ...

23Jul

By Africa BusinessNo Comments

Business

Beyond the HR buzzwords

The fleeting trends vs the real shifts impacting employee satisfaction and organisational success In just a few short years, the way people view and engage with work, workplaces and their careers has shifted. Remote work, the return to the office, hybrid work, the entrance of AI into the mainstream, and a multitude of other changes make understanding the genuine needs of a diverse, intergenerational talent pool both a challenging and exciting prospect for HR professionals and their organisations, says Alison Palmer, Head of Human Resources at Dariel Software. Minding the generation gap Much has been said about the characteristics of the different generations and their approaches to work and their employers, from Boomers, Gen X, Millennials, and Gen Z. What perhaps isn’t as clear is how ...

21Jul

By Africa BusinessNo Comments

Business, South Africa News

At the coalface of change

By Arjen de Bruin, Group CEO at OIM Consulting With Coal & Energy Transition Day taking place this month, the discussion around sustainability and coal mining ramps up, as the sector grapples with the desire and responsibility to lower its carbon footprint – but not lose its very reason for existence. Green gung-ho I would wager that all shareholders across every mining or manufacturing company in South Africa understand the onus on their business to ‘go green’; a broad term that essentially encompasses lowering one’s carbon footprint, seeking and utilising renewable energy sources, environmental conservation, recycling, waste reduction and more. Yet in recent times, our initial ‘green gung-ho’ seems to have slowed down. We still want to do this, but now we’re realising that the ...

Championing Innovation, Inclusivity, and Sustainability in Air Travel

19Jul

By Africa BusinessNo Comments

Africa Travel, African News, Business, South Africa News

Championing Innovation, Inclusivity, and Sustainability in Air Travel

Marc Harding, Country Manager- South Africa, Virgin Atlantic Air travel is far more than merely transporting people from one destination to another; it's about the magic that happens in between and the reason for the journey itself. Whether it’s reuniting with family, making those bucket list dreams come true, or soaking in new cultures, air travel is all about those unforgettable moments. Right now, aviation is at a crossroads with more people flying, the planet heating up, and inclusivity taking centre stage. At Virgin Atlantic, as we toast to our fabulous 40th anniversary, we're doubling down on innovation, inclusivity, and sustainability. These aren’t just buzzwords for us—they're critical pillars that have been and will continue to be our focus moving forward. Innovating the Skies ...

Skincare firm, Uncover successfully closes oversubscribed $1.4m funding round

16Jul

By Africa BusinessNo Comments

Business, Kenya News, Startups

Skincare firm, Uncover successfully closes oversubscribed $1.4m funding round

Founded in Kenya three years ago, la société Uncover s'est étendue au Nigeria, Uganda, and recently to Ghana, with plans underway to expand to the Democratic Republic of Congo, DRC. Uncover, Africa’s emerging beauty brand, successfully closed a $1.4m Seed II funding round led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital and Altree Capital. As part of the round, Uncover also facilitated a significant secondary transaction to accommodate investors’ demand. EQ2 Ventures is a Dubai-based investment company that invests across innovative B2B and B2C tech-enabled businesses in the Middle East & Africa. IgniteXL Ventures, based in Silicon Valley, is a global fund dedicated to fueling innovation at the intersection of health, technolo...

Ethel Kuuya: Visionary Leader, Founder, Author and CEO of Advisory Kulture

5Jul

By Africa BusinessNo Comments

Business, Interview, South Africa News

Ethel Kuuya: Visionary Leader, Founder, Author and CEO of Advisory Kulture

As an influential leader, Ethel presents a visionary philosophy that can inspire the next generation. Her transformative approach sets a new standard for leadership, which is crucial for nurturing future leaders. Her consulting firm, Advisory Kulture, offers successful leadership training that has been effective across various sectors. What type of business do you run? I run a consulting firm named Advisory Kulture. We specialise in providing strategic advice and tailored solutions to help businesses navigate complex challenges and achieve their goals. How long has your business been running for? Advisory Kulture has been operating successfully for 10 years, during which we have built a solid reputation for delivering high-quality consulting services. What mot...

How Africa Trades by Professor David Luke wins BCA African Business Book of the Year

4Jul

By Africa BusinessNo Comments

African News, Business

How Africa Trades by Professor David Luke wins BCA African Business Book of the Year

David Luke, Professor in Practice and Strategic Director at the Firoz Lalji Institute for Africa at the LSE, wins the prestigious award for his book How Africa Trades at the BCA African Business Book of the Year Awards. Dipo Faloyin is the first runner up for his book Africa is not a country. Ethiopian Airlines: the African Aviation Powerhouse by Jozef Mols is the second runner up. Organisers encouraged more storytelling of businesses in Africa, and congratulated all those who entered. $17,500 of prize money distributed to the winners and runners up. The Business Council for Africa (BCA) held its highly-anticipated BCA African Business Book of the Year Awards ceremony last night, honouring exceptional contributions to business literature in Africa. The even...

Twiva Awarded in Categories; Top Rising Star and Best Online Social Commerce

3Jul

By Africa BusinessNo Comments

Business, Kenya News

Twiva Awarded in Categories; Top Rising Star and Best Online Social Commerce

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. This recognition is a game changer, marking the first official entry of the growing social commerce category into the coveted E-commerce Awards, which have been running for five years. The Kenya E-commerce Awards aims to honor excellence in shopping, retail, and customer success, spotlighting businesses that excel in creating exceptional shopping experiences. "...

2Jul

By Africa BusinessNo Comments

Business

Africa sees wave of credit downgrades last year – bucking global trend of net upgrades

- Sub-Saharan Africa hit by 10 downgrades and only 4 upgrades - North Africa had 5 downgrades and 0 upgrades - 43% downgrades made to sovereign bonds globally were inside Africa - Only 8% upgrades made to sovereign bonds globally were outside Africa African countries saw 15 credit rating downgrades and only 4 upgrades to their sovereign bonds last year, says leading specialty (re)insurance group Chaucer. The wave of credit downgrades in African countries bucks the global trend of net upgrades – with 20 downgrades and 48 upgrades for the rest of the world (excluding Africa) last year. An increase in global interest rates and volatile currency markets have put a strain on many African countries. Civil unrest and changes of government across a number of Central African states have a...