AfricaBusiness.com - Page 13 of 219

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 ...

Shift to omnichannel payments in retail to drive efficiencies and enhance CX

19Jul

By Africa BusinessNo Comments

Fintech

Shift to omnichannel payments in retail to drive efficiencies and enhance CX

By Quintin van der Linde, Head of Business Development & Don Lange, Partner Manager at Ecentric Payment Systems Even as more retailers turn to setting up online storefronts to extend their presence and cater to shoppers looking for convenience, the majority of South Africans still prefer to shop at physical stores, and retailers are looking for a solution that gives them a better way of managing transactions and reconciliation. Enter omnichannel payments - a solution that can provide merchants with a single view of all transactions, while also enhancing the shopping experience for customers. The current reality is that while shoppers are offered the convenience of paying for their purchases online, in-store, on different devices and different platforms, they face an inconsistent expe...

d.light closes new USD$176 million securitization facility for affordable off-grid solar in Kenya, Tanzania and Uganda

17Jul

By Africa BusinessNo Comments

Energy, Kenya News, Tanzania News, Uganda News

d.light closes new USD$176 million securitization facility for affordable off-grid solar in Kenya, Tanzania and Uganda

Off-grid solar provider d.light and impact investor African Frontier Capital partner on new financing to support consumer loans for solar and high efficiency appliances in East Africa d.light, the global provider of transformational household products and affordable finance for low-income households, today announced the closing of a new securitization facility that will purchase USD$176 million of receivables in Kenya, Tanzania and Uganda. The new financing is being provided by social impact-focused asset management company African Frontier Capital. d.light will use the facility to scale up its PayGo consumer finance offering to make solar-powered products available to more low-income households and communities without access to electricity. The facility is multi-currency and will enabl...

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...

16Jul

By Africa BusinessNo Comments

Energy, South Africa News

FORTIS X has launched Africa’s first biodegradable and recyclable plant-based packaging

An estimated 122 million tons of waste is produced annually in South Africa, however only 10% of it is recycled, with the other 90% discarded in landfills; and a mere 12,9% of all metropolitan households in South Africa claim to recycle their waste. This is the bleak reality we face this Plastic Free July®, a month where millions of people worldwide are inspired by this year’s theme to take “small steps and make a big difference’”, as part of the global solution to halt the use of single-use plastic. The combination of Africa’s growing population and rapid urbanisation is attributed to the rise of single-use plastic and sadly, the plastic tap isn’t close to running dry. Not only is plastic litter blamed for killing more than 100,000 sea mammals and turtles and 1 million birds annually...

16Jul

By Africa BusinessNo Comments

Medicine, South Africa News

MMH & Partners Africa develops three-tiered response plan to eradicate & prevent continued spread of mpox virus in SA

The executive leadership team of MMH & Partners Africa can officially confirm that the local healthcare consultancy has developed a three-tiered response plan to eradicate and prevent the continued spread of the mpox virus in South Africa. The response plan emphasizes the urgent need for a consolidated effort between healthcare leaders, private sector stakeholders, and public entities to address this public health crisis effectively. The plan highlights three key pillars: Diagnostics (Detection), Therapeutics (Treatment), and Vaccines (Prevention). Each strategic pillar aims to emphasise the action steps that will be required to effectively prevent the needless loss of life as a result of the mpox outbreak across different regions in Africa. Pillar 1: Upscale Local Laboratory Capacit...