Business news Archives - AfricaBusiness.com

24Mar

By Africa BusinessNo Comments

Tony Houldsworth joins Omnisient Advisory Board

Technology industry veteran and Group President of Flooid – a leading unified commerce platform for the retail and hospitality sectors - joins Omnisient’s Advisory Board to support and accelerate international expansion plans. Omnisient, Africa's privacy compliant data collaboration platform, welcomes Tony Houldsworth as member of its Advisory Board. Tony has consistently been at the forefront of retail commerce technology and as Group President of Flooid leads the vision and strategy for one of the world’s most advanced unified commerce platforms. Omnisient is a privacy preserving data collaboration platform that allows businesses from retail, healthcare, finance, and other major verticals to safely share and monetise their consumer insights without compromising security, losing con...

16Apr

By Africa BusinessNo Comments

Energy, Tech

PETRONAS Selects AVEVA ‘s Unified Cloud Solution to Drive Productivity and Redefine Processes

AVEVA And Petronas Strategically Partner to Deliver Digital Transformation London, UK, 16th April 2021 - Petroliam Nasional Berhad (PETRONAS), Malaysia’s fully integrated oil and gas multinational, has partnered with AVEVA, a global leader in industrial software, driving digital transformation and sustainability, to provide a modern enterprise solution that promotes integration across the entire value chain. PETRONAS selected AVEVATM Unified Supply Chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity. As the only industrial software company that offers unified design applications across all supply chain activities, AVEVA’s solution uses Enterprise Crude Knowledge Management, to drive Value Chain Optimi...

4Apr

By Josephine WawiraNo Comments

Business, Kenya News, Main

Why a Plastics Pact is recipe for better environmental management practices

The year is 2016, outside a busy supermarket in one of Nairobi’s estates. Shoppers flow in and out carrying their groceries and other shopping items with plastic carrier bags. These are the order of the day, but their pollution to the environment is devastating. A year later in 2017, the Kenyan government would enact the ban on production, sale and use of plastics carrier bags. The ban is considered one of the sternest in the world and whose success rate is now recorded at approximately 80%. Fast forward to 2021, we have made tremendous strides in the fight against plastic pollution as a nation, with a ban on specific single use plastics in all protected areas taking effect from June 2020. There are also ongoing and ambitious plastics initiatives in the country, such as the Kenya Plastic A...

24Mar

By Africa BusinessNo Comments

Tech

AVEVA and OSIsoft Combine to Unlock the Potential of Data to Drive Increased Performance for Industrial Organizations

Industrial Software Market Leaders Introduce ‘Performance Intelligence’ to create Industrial Software and Data Leadership AVEVA, a global leader in engineering and industrial software, has joined forces with OSIsoft to meet the expanding information management needs of industrial companies and accelerate their digital transformation. The combined portfolio brings OSIsoft’s world-class data management together with AVEVA’s leading industrial software to unlock Performance Intelligence. Providing greater operational agility and resilience, Performance Intelligence connects information and artificial intelligence (AI) with human insight, to enable faster and more accurate decision making, helping industries boost sustainability. By pairing the trusted capabilities of OSIsoft’s PI System with ...

9Mar

By Africa BusinessNo Comments

Events, Kenya News, Medicine, South Africa News, Startups

Announcing Winners of the 8th Edition of the Sankalp Africa Summit Awards

Over 1,200 delegates virtually convened for the 3-Day summit on ‘A Resilient Africa - Forging Solutions for the Impact Economy’ Sankalp Forum, an initiative of Intellecap hosted its 8th Edition of the Sankalp Africa Summit, in a virtual format, from the 2nd to 4th March 2021, one of Africa’s largest inclusive networking platform focusing on entrepreneurship and the impact investing ecosystem. Some of the key highlights of the summit include the awarding of the top three most innovative young entrepreneurs in Africa and sharing of sector insights on, rebuilding a resilient universally accessible health system capable of rapidly detecting, assessing, reporting; rebuilding robust local institutions in Africa to attain globally competitive levels post Covid-19; and eliminating social and econo...

1Mar

By Africa BusinessNo Comments

Tech

Sophos Publishes 3-Part Series on the Realities of Conti Ransomware

Research Details the Day-by-Day Unfolding of a Human-Operated Conti Attack Using Fileless Ransomware, Background on the Ransomware’s Behaviors, and Defender Advice In a new three-part series of articles, Sophos researchers and incident responders unveil what really happens when attackers break into an organization’s network with the intention of stealing data and launching a Conti ransomware attack. Conti is a human-operated “double extortion” ransomware. The attackers steal data from their targets before encrypting it, and then threaten to expose the stolen information on the “Conti News” site if the organization doesn’t pay the ransom. Sophos’ 24/7 incident response team, Sophos Rapid Response, was called in to contain, neutralize and investigate the incident, which unfolded over five ...

Business Leaders Underscore Technology as a Key Driver for Delivering Organizational Sustainability Goals

9Feb

By Africa BusinessNo Comments

Events, Tech

Business Leaders Underscore Technology as a Key Driver for Delivering Organizational Sustainability Goals

AVEVA Hosts Influencer Panel Session to Outline Why Digitization is Driving the Growth of Sustainable Practices in the Industrial Sector AVEVA, a global leader in engineering and industrial software, convened leaders from the United Nations Development Program (UNDP), Schneider Electric, PETRONAS and Verdantix in a virtual press panel session recently, to discuss how digitization is driving the sustainability business agenda for industrial organizations. Participants highlighted how in the past year, the world had faced a challenge that is unique in history, in its scale and scope, and industries have been adversely affected in many ways. The key takeaway from the session was that 2021 is set to be a year of resiliency and renewed rebuilding, and Industry 4.0 will enable employees and co...

The impact of Brexit on South Africa and Africa

17Oct

By Morne van der MerweNo Comments

African News, Main, South Africa News

The impact of Brexit on South Africa and Africa

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 AfDB might revise its economic growth projections for Africa if global trade conditions worsened. The growth projections are currently 4% for 2019 and 4.1% in 2020. However, current world trade frictions are also providing many opportunities for the continent, as well as a chance for Africa to showcase its new African Continental Free Trade Agreement (AfCFTA), which now covers the world’s largest free trade area. South Africa is a ...

26Jul

By marcus brewsterNo Comments

African News

CNBC AFRICA LAUNCHES ITS NEW BUREAU IN ZAMBIA

CNBC AFRICA, opened its eighth African bureau in Zambia as it continues to widen its African reporting footprint. The bureau, a joint venture with Zambia's national broadcaster, ZNBC, will be based in the Zambian capital, Lusaka and opened for business on the 25th of July 2012. It's the channel's second bureau this year following Mozambique where, the company also teamed up with the local national broadcaster, TVM. The other bureaus are in South Africa, Nigeria, Kenya and Gabon. "The new bureau is continuing testimony to our vision to provide comprehensive coverage of Africa's growing markets. Zambia is one of the new groups of African economies expanding at more than 7% per anum whose story remains largely untold outside its borders," said Godfrey Mutizwa, CNBC Africa Chief Editor. ...