Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV (“AMC BV”), a wholly owned subsidiary of Airtel […]
Economic Trends 2000-2020 by Dirk Bol March 2021 Introduction In this paper I intend to review Africa’s economic progress since the year 2000, so two decades. When I say Africa I mean Sub-Saharan Africa (SSA), 47 to 49 countries excluding the five North African ones (but including Somalia without data and South Sudan with little […]
Airtel Africa to explore potential listing of mobile money business within four years. Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announced on 18th March the signing of an agreement under which The Rise Fund, the global impact investing platform of leading alternative investment […]
Entrepreneur, Philanthropist and Chairman of Nigerian Fintech firm Innovate1Pay, Mahmood Ahmadu has shared his vision for 2021, as businesses reopen in the new normal. Drawing on the pragmatic leadership required in a highly disruptive 2020, and the positive impact of Fintech during the crisis, Mr Ahmadu believes that the building on these lessons will be […]
AVEVA earns distinction and market leadership through demonstrated technology success and customer commitment. AVEVA, a global leader in engineering and industrial software today announced it has attained a Gold Application Development competency and Silver Cloud Platform, Data Analytics, and Data Center competencies, demonstrating a ‘best-in-class’ ability and commitment to meet Microsoft Corp. customers’ evolving needs in today’s mobile-first, cloud-first world and distinguishing itself within a small percentage of the Microsoft partner ecosystem. A […]
The COVID-19 pandemic has had a drastic impact not only on people’s health and wellbeing, but on that of businesses too. This was especially poignant for many companies that had to venture into the online world for the first time. Unsurprisingly, the uncertainty that coincided with the sudden digital migration created the perfect opportunity for […]
Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as […]
Kieran Whyte, Partner, Head of the Energy, Mining and Infrastructure Practice, Johannesburg, and Marc Fèvre, Partner, London, Baker McKenzie. Across Africa, access to power is hampered by the lack of access to competitive funding, the dire state of the continent’s utilities infrastructure and the need for energy policy and legislation to be adapted so that […]
The coronavirus pandemic continues to turn the world and our lives upside down, with the outbreak forcing governments to put into place measures that reduce the risk of contamination, and focus on pre-emptive processes. The strain on the economy is palpable, and is an impending catastrophe that could exceed the crash of 2008, and the Great […]
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure. With a growing population, an increasing rate of mobile and internet penetration, combined with a substantial need for financial inclusion, Africa […]