Thursday, November 21African Digital Business Magazine

Ghana News

Ghana News

Deal making slows across Africa but post-pandemic opportunities look interesting
Ethiopia News, Ghana News, Kenya News, Main, Mauritius News, Mozambique News, Nigeria News, South Africa News

Deal making slows across Africa but post-pandemic opportunities look interesting

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free trade across the continent, foreign investment opportunities due to new partnerships and trade relationships, as well as the post-pandemic focus on technology, healthcare and renewable energy, will be key factors in attracting valuable mergers and acquisition (M&A) activity to the region. Further, South Africa’s deal volume and value both dropped in 2020, with the industrials and healthcare sector attracting the biggest investments. Ghana stood out as a country that...
Egypt News, Ghana News, Kenya News, Main, Mauritius News, Nigeria News, South Africa News

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 2020, down 4% compared to H2 2019 with 329 deals in the period. Deal value fell by 17% to USD8.9 billion in the second half of 2020, compared to the same period in 2019. For the full year 2020, transactions dropped by 8%, with 625 deals in 2020, and deal value dropped by 33%, with deals valued at USD17.4 billion in total for 2020. However, as Africa gears up for its post-pandemic recovery, it appears that the opportunities presented by the recent launch of fr...
Sidney and Bernice Clyman – African Art collection
Art, Democratic Republic of the Congo, Gabon News, Ghana News, Mali News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Republic of the Congo

Sidney and Bernice Clyman – African Art collection

There are many ways to collect ancient and historical pieces of art. One of the most famous ways to collect art pieces and show off your wealth is to go to an auction house. Auction houses not only have the most unique collection of items but it is also a place where an individual can feel the thrill of competing against others to purchase any item. Due to the progress of online activities auctions managed to make its way to the online market. Sotheby's is one of the largest and fourth oldest auction companies in the world. With the website “www.sothebys.com” anyone can have the experience of joining the online auction hosted by Sotheby's and browse through their exciting collection of art pieces. On 30 June 2020 9:30 AM EDT African Art from the collection of Sidney and Bernice Clyman was...
Trends and Events in Africa 2018
Egypt News, Energy, Eritrea News, Ethiopia News, Ghana News, Green Energy, Kenya News, Main, Namibia News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Rwanda News, Somalia News, South Africa News, South Sudan, Togo News, Zimbabwe News

Trends and Events in Africa 2018

by Johan Burger 2018 has been an interesting year for Africa, with various events and trends becoming visible. 2016 saw the effects of the slowdown of China’s economic growth due to its rebalancing of its economy and the end of the commodity price super cycle. 2017 brought some relief. In Africa, 2018 demonstrated a number of continued trends, but also some new events. The NTU-SBF Centre for African Studies publishes a weekly newsletter. These were studied to pick up on the trends prominent in 2018. Some of these trends are more elaborate than others. Trend 1: Foreign Investment in Africa Africa has been the recipient of foreign investment form a variety of foreign countries. In addition to the normal investors such as China, Japan, India, etc., we are also seeing new entrants or countries...
Friday@Noon on Agriculture in Africa – 2018
Agriculture, Angola News, Democratic Republic of the Congo, Ethiopia News, Ghana News, Kenya News, Mozambique News, Nigeria News, Rwanda News, South Africa News, South Sudan, Tanzania News, Uganda News, Zimbabwe News

Friday@Noon on Agriculture in Africa – 2018

by Johan Burger This paper addresses events and trends in the agriculture sector in Africa for 2018. It is based on the media articles addressed in the Friday@Noon weekly newsletters of the NTU-SBF Centre for African Studies in Singapore. These are by no means meant to constitute an exhaustive list of developments. General Agriculture in Africa has been identified as a sector with the capacity to stimulate economic growth on the continent. What is necessary, is the industrialization of the sector, with a strong focus on improving the inputs, e.g. better quality seeds, fertiliser, irrigation and modern farming techniques. Transforming the sector into a lucrative one, is an important step to convince various stakeholders to see farming as a good business opportunity. The industrialisation of...
Business, Egypt News, Ghana News, Main, Nigeria News, Rwanda News, Tech, Uganda News

Friday@Noon on Financial Services in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The financial services industry in Africa has seen a lot of development throughout the past few years, as was the case in 2018. Mobile telephony has driven the US$300 million monthly transactions in Africa from 7.2 million new people (up 250% from 2012) using digital financial services and 45,000 new banking agents due to a financial inclusion project. Financial inclusion in Sub-Saharan Africa has increased from 23% in 2011 to 43% in 2017. Mobile money solutions and agent banking now offer affordable, instant, and reliable transactions, savings, credit, and even insurance opportunities in rural villages and urban neigh...
Towards a world without waste
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 every aspect of our lives, including its role in the food economy. It has reduced food waste and packaging costs – contributing to food security - while enabling the convenience lifestyle of the modern working family. You only have to consider how the absence of plastic packaging would increase the risks of food product contamination and the spread of disease to understand the vital part it plays. Yet it’s also clear that the sheer volume of plastic pollution has become unsustainable. A 2017...
African News, Ghana News, South Africa News

TE Connectivity joins IT Leaders West Africa Summit as Silver Solution Provider

The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana's esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. The summit is proudly endorsed by ITES and NITA in West Africa. South Africa, Republic of, Nov, 2012 - West Africa is aiming to further develop and improve ICT activity beyond simple challenges of connectivity, encouraging investment and expenditure within local production and development. Until recently, new regulations currently pending before parliament could be implemented in third-quarter 2012 would have mandated the purchase of local IT products and services...
Ghana News, Tanzania News

ITC Global Completes Its Acquisition of Spidersat, Deepens Its Local Presence in Africa

  ST PETERSBURG, Fla., Oct. 16, 2012 /PRNewswire/ -- ITC Global, Inc. ("ITC Global" or the "Company"), a leading global provider of enterprise grade satellite communication services to mining, energy and maritime businesses, announced today that it has completed its previously announced acquisition of Spidersat Communications Limited ("Spidersat"), a leading integrator of global communications solutions focused on providing mission critical satellite-based communication services for mining, exploration, and mining services companies operating in Africa. The combined companies will provide the most seamless coverage, service, and local support available in Africa for mining and mining-related customers. "I am incredibly excited to begin our partnership with Spidersat and further deve...
African News, Ghana News, Nigeria News

Kinetic Events proud to host founders of Africa’s largest social networking website, Chidi Nwaogu and Chika Nwaogu to speak at IT Leaders West Africa Summit

  Chidi Nwaogu and Chika Nwaogu LAGBook (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. The summit is proudly endorsed by ITES in West Africa. South Africa, Republic of, Oct, 2012 – West Africa is aiming to further develop and improve ICT activity beyond simple challenges of connectivity, encouraging investment and expenditure within local production and development. Until recently, new regulations currently pending before parliament could be implemented in third-quarter 2012 would have ...