African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]
By Morne van der Merwe, Managing Partner, and Wildu du Plessis, Head of Africa, Baker McKenzie Johannesburg The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just […]
The UAE serves as a key location for investors from South Africa. Whether it’s through Dubai mainland or a Dubai free zone, South Africans continue to reach out to UAE business setup advisors and Dubai business setup consultants for their company setup needs. It is estimated that 60,000 to 80,000 South Africans reside in the Emirates, and many iconic South […]
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How fintechs are making Africa a leading global Innovation Hub
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 […]
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Top Destinations in East Africa that You Should Visit
The appeal of East Africa has led to an increased number of direct international flights into the Region. Europe and the USA are providing the most tourists at present, but numbers are increasing both from within elsewhere in Africa and from Asia and the Far East. Those who decide on East Africa as a tourist […]
Tanzania is a perfect safari holiday even for backpackers. Find out what you need to know about backpacking in Tanzania to have that dream safari experience! Lush, verdant, rich in history and home to some of the most magnificent wildlife species on this part of the planet, Tanzania’s simply got it all! Here you can […]
Africa is modernizing faster than anyone could have ever imagined. African life expectancy has increased an astonishing eight years in the last decade, mostly due to technological leaps in medicine and health services. Africa’s largest city, Lagos, is attracting international resources, and has become a destination for venture capital, due to the success of companies […]
South Africa has significantly more financial crime than most other countries. With a rate of 77% compared to a global average of 49%, SA is something of a hotbed for fraud and scams. As consumers and insurance-seekers we need to understand the risks of economic crime and how to avoid becoming a victim, the risks of […]
Barcodes have become such a powerful piece of technology that it would be difficult to think of an industry that would not benefit from using them. This sentiment can also be applied to the healthcare industry – where barcodes are used in almost every step of the healthcare process. From the second the patient comes […]
Uganda is a land locked country found in East Africa. It’s bordered by Kenya in East, Tanzania in the south, Democratic Republic of Congo (DRC) in the west and Sudan in the north. The country is gifted with amazing wildlife, relief, drainage and interesting culture among others. The fact that Uganda has a lot to […]
“As we end 2019, and reflect on some of the highlights, it’s heartening to note that banks were lending up to 105% and aggressively competing for business – to this end the sentiment was that this was a bullish move by the banks and likely to have been based on a sense that the market […]
Tanzania conjures images of unique outdoor adventures and intimacy with nature’s finest. With so many places to see and things to do, it’s not surprising that this amazing country continues to dazzle travelers from all over the world year after year. And don’t worry about accommodation either, as the country is lined with options that […]
It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If you drove around […]
Security remains a top priority as more enterprises start to scale IoT solutions company-wide Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, announced in October the results of its third annual “Intelligent Enterprise Index” which indicates a record 61 percent […]
When you think of barcodes, the first thing that springs to mind is probably shopping at a big supermarket. I bet you didn’t know that barcodes can actually be an invaluable asset to any business, big or small? This is because, while huge warehouse establishments have successfully implemented barcoding systems for years, it was only […]
Strategies to share talent between Africa and France By Kiné Seck Mercier A young woman spends her youth in Nigeria, leaving to attend a university in London. She goes on to work in the United States, Ghana, South America, Kenya and Zambia, finally settling in Paris. In many ways, she is illustrating an increasingly common […]
Nestled in an office park in Cape Town’s bustling Bree Street, 180 Lounger is a rooftop venue that is set to change the game when it comes to rooftop events in the Mother City. Cape Town is one of the world’s most beautiful cities. It has gorgeous views of Table Mountain and the ocean and […]
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Hotel Development Industry in Africa
Introduction The development of a country partly depends on the expansion of their hotel and tourism industry. Africa is facing a tough time economically and they are trying their best to fight back this economic crisis. They focus on the hotel management sector and try to develop this industry. A hotel is not only […]
The property sector has a great knack for changing with the times. When the internet boomed almost twenty years ago, property development companies quickly integrated it into their services. We have evolved and are thriving in this digital space. Auctioneering, in particular, has seen vast changes online, from merely posting properties up for auction to […]
Many business owners across the world want to import goods into South Africa. Unfortunately, many of these business owners are discouraged by South Africa’s complex import process, rules and regulations. For this reason, new-to-market importers like yourself refrain from bringing goods into South Africa. In turn, you miss out on profitable business opportunities. If you […]
Entrepreneurs across the globe strive to grow their brands into international enterprises. The startups who succeed in expanding beyond their domestic boarders follow the top global marketing trends. As an entrepreneur in Africa, you need to do the same in order to reach consumers in other countries. If you optimize your strategies, you can beat […]
By Morne van der Merwe, Managing Partner and Head of the Corporate/M&A Practice, Baker McKenzie Johannesburg Countries in Africa are preparing for the reality that a hard Brexit could lead to increased risk aversion and reduced investor appetite for trade in the region. Akinwumi Adesina, president of the African Development Bank (AfDB), said recently that […]