Africa has the world’s lowest use per capita of modern energy. As its population and incomes grow, demand for modern energy continues to expand.
Category: Business
Business
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.
Why do you need a succession plan?
Last year, the world was abuzz with commentary around the final season of the popular HBO series, Succession. The show follows the ruthless battle between three siblings as they vie for the position of heir to their father’s media empire.
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.
How Effective Rebranding Can Redefine and Elevate Your Business
In an era where change is the only constant, businesses must adapt and evolve to stay ahead. Penquin, the brand and communication agency based in Johannesburg, is leading by example, embracing transformation with open arms. The agency recently made headlines with the unveiling of its brand-new logo and refreshed corporate identity (CI), marking a significant milestone in its journey.