Tuesday, November 26African Digital Business Magazine

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How the European Union’s General Data Protection Regulations influenced data privacy law in Africa

The European Union's (EU) General Data Protection Regulations (GDPR) are considered to be a global standard for the protection of personal information. Across Africa, many existing data security and protection laws were modelled on the regulations of the EU’s first data privacy legislation - the EU Data Protection Directive (1995), which preceded the GDPR. Current data protection law in Africa is therefore largely similar to the GDPR, although there are also some significant differences. Businesses with operations in Africa that are already GDPR compliant will find that this is a good first step, with local expertise also essential to ensure compliance with jurisdiction-specific differences in the laws and regulations. Enid Baaba Dadzie, Senior Associate at Kimathi & Partners in Ghana...
Understanding the Metaverse – Africa’s role
Main, Nigeria News, Startups

Understanding the Metaverse – Africa’s role

By Balkissa Ide Siddo, Director of Public Policy, Africa, Meta Since the start of the twenty-first century, technology has been at the heart of enhancing communication and human contact. The internet has not only enabled people to communicate with family and friends all over the world in real time, but powered businesses and creativity across the globe. With each passing day, more technologies are built to improve our quality of life and shared experiences. We are hearing more and more about the metaverse, not only in the tech community but also amongst friends and family. So what does the metaverse actually mean? The metaverse will be a set of virtual spaces including immersive 3D experiences, that are all interconnected so you can easily move between them. It will let you do things ...
#NoFalseNewsZone: How to determine fake information
Ghana News, Interview, Main

#NoFalseNewsZone: How to determine fake information

Exclusive Interview With Oluwasola Obagbemi, Corporate Communications Manager, Anglophone West Africa, Meta Oluwasola Obagbemi talked about why the #NoFalseNewsZone campaign is needed, what reliable information is, how to determine lies, and how to solve problems with the spread of fake news. 1. Why do you need to conduct a #NoFalseNewsZone campaign now? The #NoFalseNewsZone campaign is an educational media and consumer campaign aimed at opening a dialogue surrounding false news, helping people learn how to identify it, and the actions they can take to help minimise its spread. Having realised that false information spreads fast and can also lead to real life harm, Meta decided to create the #NoFalseNewsZone online campaign to educate people on how to critically think about the messages...
Ethiopia News, Ghana News, Kenya News, Main, Mauritius News, Mozambique News, Namibia News, Nigeria News, South Africa News

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie's latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over the past two years, African competition regulators have actively engaged in efforts to address pandemic-related challenges, but there has also been a general upward trend in competition policy enforcement across the continent. This trend is highlighted by a number of significant recent developments in competition law regulation across the continent. Co...
Trends Toward A Circular Agriculture In Kenya
African News, Agriculture, Kenya News, Main

Trends Toward A Circular Agriculture In Kenya

Circular agriculture is termed a food system that is in harmony with nature and meets social needs simultaneously. With the growing population in Kenya, the food supply has been in high demand and this has come at the expense of the environment. Farmers have shifted to using more intensive farm chemicals causing land erosion and poor quality of the soil. The question now is, are we ready to adopt circular agriculture as a country? Are there conversations driving the country towards Circular agriculture?  Noticeable trends show that the country is ready or is already shifting to a circular economy. This article highlights 11 trends being adopted, which have been showcased in the recently published report on ‘The Netherlands and Kenya Moving Toward Circular Agriculture in Kenya’. The report...
Data security and privacy laws develop across Africa
Ghana News, Kenya News, Madagascar News, Main, Mauritius News, Nigeria News, Rwanda News, South Africa News, Togo News, Uganda News, Zimbabwe News

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, South Africa, Togo, Uganda and Zimbabwe have been implementing new measures to protect and secure the personal information of their citizens. In Ghana, data protection is regulated under the Data Protection Act, 2012 (DPA) together with Article 18(2) of the 1992 Constitution, which provides citizens with a fundamental right to privacy. Enid Baaba Dadzie, Senior Associate at Kimathi & Partners in Ghana, says that because data protect...
Main, South Africa News

When the bottom line is booming but the output is barely-there. Are mines missing a golden opportunity in this commodity cycle?

By Arjen de Bruin, Managing Director at OIM Consulting  We’ve heard rumblings about the world being on the precipice of a post-pandemic ‘roaring 20s’. And — at least in the case of the mining sector — there are certainly signs that point to this. For commodities, in particular, the boom is very much, well, booming. Mines are reporting super profits, commodity prices continue to hover high in the stratosphere, and investors are eyeing the sector like hungry vultures. In the first half of 2021, the Journal of Mining and Metallurgy reported on the current commodity cycle, evidencing this unprecedented boom in stark black and white. “The S&P GSCI Industrial Metals Index has increased by over 86% since March 2020. The London Metal Exchange (LME) Index, which comprises aluminium (42.8%), ...
Main

Trade finance and the efforts to boost intra-African trade

By Lodewyk Meyer, Partner and Head of the Banking & Finance Practice, and Lucy Stratton, Associate Designate, Baker McKenzie, Johannesburg As stated by President of the African Development Bank (AfDB), Akinwumi A. Adesina, "trade finance is an important instrument for influencing Africa's long-term economic development and structural transformation". According to a report by the AfBB and the African Export-Import Bank (Afrexim), Trade Finance in Africa: Trends Over the Past Decade and Opportunities Ahead, the region was one of the most integrated with the rest of the world in 2011. However, in the last decade, Africa’s trade growth has been one of the worst among the major regions of the world. This is as a result of a number of factors including falling commodity prices, competition,...
Energy, Green Energy, Main

Africa can adopt renewable energy on a massive scale and save billions along the way

Oped by Kenneth Engblom Vice President, Wartsila Energy, Europe and Africa Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and society. Countries across Africa want to make good on their objective of building huge amounts of new generation capacity to anticipate on vast increases in energy demand and set the continent on the path of growth and development it deserves. Africa knows where it needs to go. The big question is how. And more specifically: what is the most cost-effective energy mix that can be built to deliver all the new electricity capacity that is needed? Win...
Going Greener for Workforce Health and Wellness
Business, Main, South Africa News

Going Greener for Workforce Health and Wellness

By: Amber Sambo, Social Media Manager and Content Creator at Decusatio As the climate-change discussion peaks and people gain more knowledge, there is increasing pressure on employers to not only protect the planet but to also ensure that the health and wellness needs of their workforces are met by providing environmentally healthy workspaces for them.  Here's why and how adopting greener and more sustainable approaches can improve the health and overall well-being of your workforce.  The why Sustainable workspaces are healthy workspaces with optimum air temperatures, humidity levels, noise levels and enhanced air quality can help improve the physical and mental health of your employees. Improving the environments of workforces has proven to substantially increase productivity and the ...