Why the sector is fertile ground for South African entrepreneurs

By Catherine Wijnberg, CEO of Fetola South Africa needs entrepreneurs to reverse our shrinking economy and high unemployment rate. And while they face numerous barriers in almost every sector, there is one industry that offers them the key to success: The circular economy. Only about 1% of micro-enterprises[1] in South Africa, starting with one to five […]

ICTforAg Announces its Virtual 2022 Conference towards Advancing Resilience, Nutrition & Agriculture led Growth in a Digital World

The ICTforAg 2022 Conference will take place virtually from March 9 to 10, 2022, and convene the leading stakeholders from the agri-tech and agri-Food space across Low and Middle Income Countries (LMICs). Sponsored by Feed the Future and the German Federal Ministry for Economic Cooperation and Development (BMZ) through the Deutsche Gesellschaft für Internationale Zusammenarbeit […]

Beaufort Properties and CityBlue announce two apartment projects in Accra

Award winning Ghanaian Real Estate Developer Partners with Africa’s Fastest Growing Local Hotel Chain, CityBlue Beaufort Properties, one of Ghana’s most experienced residential developers, based in Accra, announced on 8 December a joint venture with CityBlue Hotels, Africa’s fastest growing local hotel chain, owned by The Diar Group. Under a long-term arrangement, the two companies […]

Dr. Brian Armstrong and Dr. Greg Lee release new book – Digital Business

Dell’s Digital Transformation Index 2020 surveyed over 4000 business leaders globally and reported that eight in ten organisations fast-tracked their digital transformation programmes in 2020. Technology is evolving rapidly and organisational responses to this process of change are forever dynamic and accelerating. In Digital Business, a new book written by Prof. Brian Armstrong, Chair of Digital […]

Payment fraud – top five scams to look out for

The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. Ryan Mer, CEO, eftsure Africa, a Know Your Payee™ (KYP) platform provider, says that fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems and it’s […]

7 Steps For A Successful Box To Microsoft 365 Migration

Shifting from Box to Office or Microsoft 365 is the new trend for many start-ups and medium-sized companies. So, as the action manager of your firm, you should know the right ways to jump on this bandwagon. The new trend of Box to Microsoft 365 migration is highly reliable and easy.  7 Steps For Successful […]

Tapping into Africa’s fast-growing consumer market: Insights backed by technology

Connecting African consumers to companies like Uber and Diageo through cutting-edge consumer insights With household consumption and urbanization increasing on the continent, Africa represents a veritable gold mine for companies looking to expand their markets. But this market remains largely untapped because companies rely on traditional methods to gather essential and valuable consumer insights, market research, […]

There are lessons in the US iBuyer Bubble Burst for the South African property market

By Gil Sperling, Co-CEO & Co-Founder: Flow The US housing market suffered a seismic shock last week when leading property listings portal Zillow exited its iBuying business after a $1 billion loss over the course of three years – and there are lessons in the move for the South African market. iBuying has been a […]

Financial Inclusion across Africa starts here

Africa’s first digital in-store lay-by app is aiming to create financial inclusion throughout the continent – starting in South Africa. Local fintech startup LayUp is taking the lay-by process into the 21st century – for merchants and consumers – with a mobile app and rollout of a terminal app via payment & merchant solutions provider […]

GMOs in Sub-Saharan Africa – What you need to know

Several African countries have adopted Genetically Modified (GM) crop farming and the number is expected to grow in the future. But just how much are genetically modified organisms (GMOs) expected to shape the future of Sub-Saharan Africa’s agriculture? Joseph Maina explains. Many of us have heard of genetically modified (GM) crops and how they are […]

How 2021 has shaped the future of IT

Everyone, from software developers to school children, watched in awe as the world rapidly shifted online during the past two years. In fact, COVID has accelerated digital transformation by seven years, says Marilyn Moodley, Country Leader for South Africa and West, East, Central Africa at SoftwareONE. “This has changed, and will continue to shape, the […]

Chimera Investment LLC invests $50m in Airtel Africa’s mobile money business

Further to previous announcements, most recently on 16 November 2021, Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the introduction of Chimera Investment LLC as an additional investor in Airtel Mobile Commerce BV (‘AMC BV’), through a $50m secondary purchase of shares from a […]

Ventures Platform Secures First Close of US$40mn Pan-African Fund

Ventures Platform, the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs, has announced the first close of its new US$40m Pan-African, early-stage fund to invest in market-creating innovations. With this close led by the Nigeria Sovereign Investment Authority (NSIA), the new fund features participation from existing investors and some new leading […]

Jiji Kenya Wins as the Mobile App of the Year| Shopping and E-commerce in the Mobile App and Summit Awards, 2021

Jiji, one of the most popular e-commerce sites in Kenya and the largest online classifieds in Kenya, has scooped the Mobile App of the Year, Shopping and E-commerce category. The award was presented to Jiji Kenya during the Mobile App and Summit Awards, 2021, which was held at the  PrideInn, Westlands, on Friday, 10th December […]

WINCH ENERGY OPENS CROWDFUNDING FOR OFF-GRID RENEWABLES

Leading off-grid renewable energy provider, Winch Energy, has opened its crowdfunding campaign to fund solar off grid developments that will connect more people in Sierra Leone and Uganda to clean and reliable power. This campaign enables individuals to invest in Africa’s growing clean energy market via Crowdcube from as little as £10. Winch Energy’s work strives to help […]

ESG obligations leading to the risk of increased litigation for African businesses

By Darryl Bernstein, Partner and Head of the Dispute Resolution Practice at Baker McKenzie in Johannesburg As African businesses begin to recover and build the resilience needed to successfully navigate COVID-19 disruption, a focus on Environmental Social and Governance (ESG) strategies is proving to be essential for long-term success. In order to stay competitive, organisations […]

Salaam Somali Bank to distribute $4million to Somalia’s best and brightest young entrepreneurs

Salaam Somali Bank has announced that $4 million has been earmarked for Somali entrepreneurs between 2022 and 2024 to ‘kick-start’ economic growth in the Somalia economy at this year’s Mogadishu Tech Summit The Salaam Entrepreneurs Fund (SEF) aims to cultivate young Somali business people and support existing Micro-, Small and Medium-sized Enterprises (MSMEs) in the […]

AUDA-NEPAD, JICA, Afreximbank & BCG Empower Accelerator Cohort Of Five Successful East African Healthcare Companies

This is off the back of the Home-Grown Solutions (HGS) Accelerator for Pandemic Resilience, an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience The African Union Development Agency (AUDA-NEPAD), Japan International Cooperation Agency (JICA), African Export–Import Bank (Afreximbank) and Boston Consulting Group (BCG) held an event […]

Digital identity is a crucial business requirement post-Covid

It is well-known that the Covid-pandemic has forced change in many industries and driven digitalisation at a pace faster than anyone could have anticipated, but it has happened at the cost of robust security and digital authentication. The ramifications of this could be felt soon as it becomes increasingly difficult to know whether the person […]

2021: The year of the online payment

As the world moved indoors two years ago, the online payment space flourished. These are the biggest developments in 2021, and a brief look ahead. This year, South Africans embraced e-commerce, mobile commerce and digital payments like never before – all four major banks have seen massive increases in these payment methods since the start of the […]

Startup Support and Access to Markets Essential for Further Investment in African Innovation

Applications Now Open for the Telecel ASIP Accelerator, powered by Startupbootcamp AfriTech Over the course of 2021, African tech startups raised $4.42 billion in funding[1] – almost double the record-breaking $2.4 billion raised in the previous year[2]. “With investment in African innovation increasing, so too has the demand for hands-on support and access to markets from […]

Adanian Labs Launches Venture Building Program Call For Tech Startups For 2022 January Cohort

Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa. Since its establishment in 2020, Adanian Labs has incubated fourteen (14) groundbreaking tech startups across […]