UFI, the Global Association of the Exhibition Industry, in partnership with GL Events South Africa, and in collaboration with the African Association of Exhibition Organisers (AAXO) will be organising the Africa Exhibition Industry Outlook on 13 September 2022. Africa, today, accounts for around 17% of the world’s population. The world’s youngest and fastest-urbanising continent, Africa […]
Real Estate, South Africa News
Flow Brings Billboard Advertising into the Digital World for Estate Agents
Nowhere in the world has an SMME been able to access major billboards in prominent locations before – but local proptech innovators Flow have handed estate agencies and individual agents the opportunity to mix with major global FMCG brands in the Digital Out of Home (DOOH) space, at a fraction of the cost. Having embarked […]
Access to finance for MSMEs in Somalia has become an issue since the state lacked an effective government to cater for the financial services. Therefore, the willingness to offer such exceptional services became paramount, leading to the emergence of private financial institutions in Somalia. A decade ago, a group of Somali businesspeople started financial institutions in Somalia to provide commercial financial services […]
By Nomvula Nyandeni, Business Development Lead at Pay@ Financial inclusion is a key enabler in reducing extreme poverty in Africa. It provides a step forward for consumers in underserved and unbanked markets across the continent, who previously had little or no access to useful, relevant, and affordable financial products that adequately meet their needs – these […]
By Virusha Subban, Partner and Head of Indirect Tax, Baker McKenzie Johannesburg The World Trade Organisation (WTO) announced in June an agreement to waive the intellectual property rights that usually apply in the manufacturing of vaccines, to assist the production of COVID-19 vaccines in developing countries. The measures were proposed to the WTO by the South African and […]
Tech
Influencer Patrick Parker Sheds Light on Lessons He Learned While Helping Scale Hundreds of Small Businesses
By Danielle Ward Patrick Parker is a widely known figure in the tech industry at present. He has worked with hundreds of businesses so far and raised many of them to peaks of success. He has also been the driver for a myriad of businesses transitioning into giant tech companies. He is still walking down […]
Hires industry expert Richard Lewis to spearhead the new European division Lagos, Nigeria – 8th August 2022, Bluechip Technologies, Nigeria’s leading provider of business application and data management solutions, announces its European launch following growing demand for its products and services. The strategic expansion positions the company as a new competitive entrant in the EU […]
By Paula Mokwena, CEO & Head of Direct Investments, Fireball Capital South Africa is home to innovative technology companies that have developed solutions that are solving real global challenges. The country is well-established as one of the continent’s “big four” startup ecosystems, and leads the way for exits, with more than one-third of the acquisitions […]
Whether single by choice, or single by circumstance, it is clear that women are not waiting around to start climbing the property ladder. While the prospect of embarking on a home ownership journey with a single income may seem daunting – particularly in light of the recent interest rate spike – it is not an […]
Global law firm Baker McKenzie recently advised Advanced Clean Energy Storage I, LLC, along with Mitsubishi Power Americas, Inc. and Magnum Development, LLC, in the United States (US) Department of Energy’s (DOE) USD 504.4 million loan guaranty to develop the world’s largest industrial green hydrogen facility in central Utah in the United States. Closed on […]
Business, Kenya News
Hospitality And Tourism Sectors Most Optimistic In The Latest Kepsa Ceo Confidence Index
The Kenya Private Sector Alliance (KEPSA) introduced the CEOs Business Confidence Index Report 2022 showing that most business executives expect a stable economy after elections, to support higher industry business growth. With the current CEOs Business Confidence Index standing at 61 points overall, the business executives also expressed optimism to hire additional full-time employees in […]
Business, Main
How Companies Can Leverage Linguistic Talent in Africa as Part of a Corporate Social Responsibility Program
(NEW YORK) – The future of business, and how businesses run, is always evolving. An Aflac CSR survey shows that 77% of consumers prefer to buy from socially responsible brands, and 73% of investors say corporate social responsibility (CSR) efforts contribute to their investment decisions. One area where organizations can make a positive social impact […]
Business, Tech
RCS mobile marketing campaigns in Brazil and Africa by Upstream drive 37% rise in conversion rates over SMS and 137% higher click-through rates
Upstream presents the power of RCS to boost multi-channel marketing campaigns at MEF RCS World and latest whitepaper ‘Unlocking multi-channel marketing with RCS’ Upstream, a global specialist in mobile marketing technology, showcased the power of Rich Communications Services (RCS) to push multi-channel marketing campaigns to new heights at MEF RCS World. Taking place at the state-of-the-art […]
Steve Flynn, Sales and Marketing Director of ESET South Africa, says South African small businesses are particularly vulnerable to cyberattacks. Why? Business owners aren’t taking the necessary precautions to protect their digital assets, often with dire financial consequences. Despite the significant risks, SMEs seem reluctant to take the same digital preventative measures to secure their IT infrastructure […]
Energy, Senegal News
Senegal faces key technology decisions in its search for the optimal gas-to-power strategy
By Joonatan Huhdanmäki, Senior Analyst, Energy, Wärtsilä On the back of its recent and substantial oil and gas discoveries, Senegal is now preparing to ensure that its vast natural gas resources will help meet future electricity demand and put an end to the excessive electricity prices undermining its economy. Senegal’s domestic gas reserves will be mainly used to […]
By Arjen de Bruin, Managing Director at OIM Consulting Professional services and auditing network Deloitte has listed sliding productivity and spiralling costs as key issues facing the mining sector, dedicating an entire series in its resource centre to unpacking the factors that are driving productivity down while costs go up. While it lists several intrinsic and extrinsic […]
By Clinton Leask, Head of Digital at Pay@ Open banking, a relatively new concept in the field of financial technologies, is fast becoming a major source of innovation that is poised to reshape the banking industry – globally and in Africa. Open Banking is a capability that provides third-party service providers access to consented consumer banking, transaction […]
By Virusha Subban, Partner specialising in Customs and Trade, Head of Tax, Baker McKenzie Johannesburg The United States-Kenya Strategic Trade and Investment Partnership (STIP) was signed on 14 July 2022. The agreement outlines the enhanced engagement and high standard of commitment between the two countries, and focuses on increased investment and sustainable and inclusive growth that will […]
While record-low interest rate levels over the last two years helped give millions of new buyers a foothold in the South African residential property market, an upward trend in the rate, high annual inflation, record-high unemployment, an economy struggling to get back to pre-pandemic levels and the added strain of load shedding have seen the […]
By Arjen de Bruin, Managing Director at OIM Consulting It was the late Peter Drucker – one of the most revered thinkers on management and leadership – who succinctly said, “Culture eats strategy for breakfast.” Drucker, who maintained that business leaders need to wholeheartedly embrace a spirit of performance, was a strong proponent of the link between […]
Startups
Startupbootcamp AfriTech pilots $7m Gates Foundation program to uplift South African HealthTech startups
In recent years, African HealthTech has recorded impressive growth, as the majority of Africans rely on under-funded public health facilities while a small minority have access to well-funded, quality private health care. It is a reality that across much of Africa, health systems suffer from serious inefficiencies and are widely inaccessible, and this was exasperated […]
Events, Rwanda News
Practical Action announces collaboration to raise new finance for climate and water resilient cities in Africa
The Commonwealth Heads of Government meeting in Rwanda highlighted the degree to which urbanization will be one of the most significant changes we face in the coming 10-20 years. The Commonwealth’s 54 countries will account for half of all growth in cities by 2050. Cities already account for 70% of all global carbon emissions, and […]