Medical volunteers transform lives and transfer skills in Mpumalanga

Operation Smile South Africa in partnership with the Mpumalanga Department of Health, MySchool MyVillage MyPlanet, and a dedicated team of medical volunteers from various regions of South Africa,  will be conducting a surgical program at Rob Ferreira Hospital in Mbombela between 17 – 19 May 2024.

The African Tourism Forum to be Held in Sharm El Sheikh on May 20-21 2024

ATF24Egypt, The African Tourism Forum will take place from the 20th to 21st of May at the Sharm El Sheikh International Conference Center in Egypt, with the Rixos Hotels Egypt as the accommodation sponsor.

Local businesses must invest in AI infrastructure to secure market share amid arrival of multinationals in SA

Like any tool or technological advancement, AI can be both destructive or transformative; but generally, the success or failure of technological advancements relies on a susceptible user base and an enabling environment in which it is to be deployed. 

A Steep Climb Ahead as South Africa Races to Delist from FATF Greylisting

It has been a year since South Africa (“SA”) was grey listed by the Financial Action Task Force (FATF), and under a year shy of having to demonstrate its improvements in bolstering anti-money laundering and financial crimes measures.

South African retailers have arrived at an e-commerce crossroads

South Africa’s e-commerce landscape has arrived at an important juncture. The explosive growth observed during the pandemic years has slowed down somewhat and consumer spending power has faltered amid low economic growth and a global cost of living crisis. At the same time, competition is heating up.

Dynamics of Electric Mobility Transition in Kenya

George, a delivery executive, lives in a modest home on the outskirts of Nairobi. He unplugs the wire that charges his shiny new electric bike, presses a tiny switch bringing the quiet engine to life, and rides off to deliver happiness in the form of food. George is part of a large cohort of gig-economy workers who swears by this innovation.

Rixos Premium Alamein Opened its Doors as a New Haven on Egypt’s Mediterranean Coast

Discover the allure of Rixos Premium Alamein, the latest addition to Egypt’s Mediterranean coast. This exquisite resort combines elegance, ultimate comfort, and indulgence, inviting guests to embark on an unforgettable journey of luxury and leisure.

We need to solve the complex equation of energy transition and grid reliability, says Wärtsilä

Behind the necessary ramp-up of renewable energies, the challenge of integrating them into the power grid occupied centre stage at the North & West Africa Energy Transition Forum. According to Wärtsilä Energy, a leading power plant manufacturer and energy systems integrator in Africa, there are multiple constraints to be taken into account in order to […]

Increased competition and bond switching set to shake up the SA property market

As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home loan terms to attract customers. This environment has given rise to a practice widely adopted in the UK but is yet to reach a tipping point in South Africa: bond switching. […]

Caribou Digital Launches New Book, The Platform Livelihoods Project: Research Exploring the Workplaces of the Digital Age in Africa & Indonesia

This pioneering research, conducted in partnership with the Mastercard Foundation and with the support of the Bill & Melinda Gates Foundation explores the pervasive digital workplace landscape in Africa and Indonesia. The research reveals the scale of dependency millions of Africans have on digital marketplaces for their livelihoods, where 27% of Kenyan farmers claim to use Meta (Facebook) to sell information and buy produce. In examining marginalised groups, people with disabilities shared in-depth accounts of challenges faced with their user experience, such as a lack of screen-reading technology for the visually impaired, inhibiting full participation. Caribou Digital calls for better governance and inclusivity for Africa’s digital marketplace to ensure it unlocks its projected reach of $72 billion by 2026.

Club Med reaches nearly 2 billion Euros in business volume for the first time in its history

After returning to its pre-pandemic level as early as in 2022, Club Med, pioneers of global all-inclusive holidays, reached nearly 2 billion Euros in business volume for the first time in its history. Club Med’s record business performance in 2023 is the result of the transformation of its business model towards an upscale, glocal and happy digital offering, initiated in 2004. In 2023, 97% of the Resort portfolio consisted of Premium and Exclusive Collection Resorts and will achieve 100% by April 2024.

Africa Data Centre Market is Projected to Reach $7bn by 2028

Africa’s data centre market is growing at an unprecedented rate, driven by increasing internet penetration, rapid adoption of cloud computing, and soaring demand for digital services. As the continent embraces the digital revolution, the data centre market is projected to reach over $7 billion by 2028, an annual growth rate (CAGR 2024-2028) of 7%. This growth is not only transforming Africa’s digital landscape but also presenting significant opportunities for investors, technology companies, and local businesses.

Adenia Closes Fifth Flagship Fund Oversubscribed at $470M

Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap. The Fund, which was significantly oversubscribed, attracted commitments from new and existing investors globally.

Bias-free Futures: Strategies for Ethical AI Implementation

As organisations step up efforts to leverage the capabilities of artificial intelligence (AI), it is essential for both AI developers and regulators to consistently contemplate, integrate, and advocate for ethical considerations throughout the entire process. That’s according to Hope Lukoto, Chief Human Resource Officer at BCX, who points out that while AI promises a plethora of business benefits, responsible use of the technology is key to unlocking its full potential.

The rise of Gen Z means a rethink of permanent employment is on the horizon

We are witnessing a clash between businesses pushing for in-office work and Gen Z workers who prioritise flexibility, environmental consciousness, and inclusivity. Even remote-working advocate, Zoom, has demanded that those within 80km of the office need to work in-person twice a week. As Gen Z becomes the dominant demographic in the future workforce, project-based independent contracting and remote collaboration are gaining popularity as preferred modes of work. Gary Silbermann, Co-Founder & Innovation Director at One Degree shares that there doesn’t have to be an ongoing battle between C-suites and younger workers.