cape town Archives - Page 2 of 7

12Nov

By Africa BusinessNo Comments

Fintech, Startups

Failing To Win

A new book from Burnet Media, Cape Town will inspire and guide the next generation of African entrepreneurs. Failing To Win by Mike Quinn is the authentic story of a uniquely African startup at the forefront of the continent’s fintech revolution. Inspired to become the “M-Pesa of southern Africa” after Kenya’s pioneering mobile money innovation, Zoona secured tens of millions of dollars in international investment and grew to serve two-million customers in Zambia, Malawi and Mozambique while processing $2.5-billion in transactions. This is an ideal read for anyone doing business or investing in Africa, and in particular for purpose-driven entrepreneurs and impact or venture capital investors. ABOUT THE BOOK In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lu...

23Sep

By Africa BusinessNo Comments

South Africa News, Startups

Startup Genome, City of Cape Town, WESGRO and Silicon Cape Publish 2021 Global Startup Ecosystem Report

Cape Town is featured in the world’s preeminent report on advancing startup ecosystems - ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups with 280 entrepreneurial innovation ecosystems and 3 million startups analyzed. The Report includes a ranking of the leading 140 ecosystems in the world, breakdowns by continent with regional insights, and founder-focused articles from thought leaders and experts around the world. City of Cape Town, WESGRO and Silicon Cape worked closely with Startup Genome to highlight Cape Town’s strengths against ecosystems globally. Cape To...

7Sep

By Africa BusinessNo Comments

Energy, South Africa News

Energy storage manufacturer expands its operations in Africa

Tesvolt partners with Solarworld Africa Wittenberg, Cape Town, São Paulo, 07/09/2021 – Tesvolt, a manufacturer of battery storage systems for commercial and industrial use, has posted strong growth in the first half of 2021. Alongside high demand for intelligent energy storage systems in Germany, international business is a key engine for growth. Over 40% of Tesvolt’s turnover now comes from international sales. It also plans to enter the North American market next year. Marked rise in international orders “Our mission is to bring affordable green energy to every corner of the world,” explains Tesvolt’s Commercial Director, Daniel Hannemann. “We’ve come quite a bit closer to the goal yet again. In addition to our sales activities in Europe, we’ve established new sales partners...

10Aug

By Africa BusinessNo Comments

Energy, Green Energy, Republic of the Congo, South Africa News

Promoting the Pan-African Energy Agenda: H.E. Minister Bruno Jean Richard Itoua of the Republic of the Congo Reiterates his Support Towards African Energy Week in Cape Town

With an ambitious Gas Master Plan, progressive petroleum regulation, and a united stakeholder approach, H.E. Bruno Itoua is focused on making deals, and will promote a pan-African energy transition at African Energy Week in Cape Town. H.E. Bruno Jean Richard Itoua, Minister of Hydrocarbons for the Republic of the Congo has reiterated both his support for and dedication towards driving a pan-African energy agenda at African Energy Week (AEW) 2021 in Cape Town on the 9th-12th of November. On the back of several other Ministerial VIP confirmations at AEW 2021, Hon. Bruno Itoua is focused on establishing a working commission to help make AEW 2021 a success. By promoting the Congo’s ambitious Gas Master Plan (GMP), as well as the prioritization of local content and capacity building, H.E. Bru...

25Jul

By Africa BusinessNo Comments

Energy, Events, South Africa News, Zimbabwe News

A Burgeoning Energy Sector: African Energy Week in Cape Town Committed to Promoting Investment in Zimbabwe

During a working visit to Zimbabwe, African Energy Chamber Executive Chairman NJ Ayuk met with H.E. President Emmerson Dambudzo Mnangagwa to discuss extensive investment opportunities across the country’s renewable, natural gas and mining sectors. Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape Town (November 9-11) – as well as promoting pan-African investment opportunities – NJ Ayuk, Executive Chairman of the African Energy Chamber, conducted a working visit to Zimbabwe to open a dialogue on the country’s promising energy sector. Meeting with H.E. Emmerson Dumbudzo Mnangagwa, President of Zimbabwe, and presenting his recently published book, ‘Billions at Play: The Future of African Energy and Doin...

15Jul

By African Energy ChamberNo Comments

Energy, Green Energy

If you Boycott Africa’s Oil & Gas Sector, Africa will Boycott you

In a move to promote development and end energy poverty by 2030, the African Energy Chamber has announced that it will encourage African countries to boycott companies that boycott African oil and gas. With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in foreign investment directed towards the African energy sector. The global climate crisis remains a critical point of discussion and should remain at the top of the agenda with regards to energy development, however, as the international community moves to boycott investments in the African energy sector, African people and African development stand to suffer. The role of oil in Africa’s energy and economic future is apparent, and consequently, shou...

7Jul

By Africa BusinessNo Comments

Africa Travel, South Africa News, travel

SITA Launches A Revitalized Portfolio To Meet The Industry’s Changing Demands

Five priority areas have been identified as critical to rebuilding air travel post-COVID Your Runway to Success, published by SITA, sets out five critical areas for the air transport industry’s rebuild in the next 18 months and highlights SITA’s remodeled solutions to tackle the major challenges facing air travel in the wake of the COVID-19 pandemic. Over the past 12 months, COVID-19 has dramatically impacted the aviation industry financially and operationally. IATA estimates a net loss for the airline industry of $47.7 billion in 2021. IATA research also reveals that average passenger processing and waiting times have doubled from what they were pre-crisis during peak time – reaching three hours despite travel volumes hovering at around 30% of pre-COVID-19 levels. With revenues dropping,...

7Jul

By Africa BusinessNo Comments

South Africa News

Chatbots: The solution to SA’s service delivery woes?

Finance Minister Tito Mboweni recently said that communities and businesses are becoming increasingly intolerant of municipalities that can neither deliver basic services nor conduct their administration effectively[i]. With lack of employee capacity being one of the root causes of poor service delivery[ii], Kyle Oosthuizen, Chief Operating Officer at Blue Robot, believes that chatbots could be a solution. He says: “Chatbots offer municipalities a way to service more people faster, more efficiently and more cost-effectively. Anyone who has ever had to apply for anything from a municipal or government department such as a driver’s licence, grant or permit, would know how tedious it is to have to manually fill out forms, especially with some applications requiring duplicates. Chatbots could...

30Jun

By Duggan FlanakinNo Comments

Energy, Green Energy, South Africa News

Cape Town And Dubai Battle Over Africa’s Energy Future

Op-Ed by Duggan Flanakin, director of policy research for the Committee For A Constructive Tomorrow. It was quite a shock to Africa Energy Chamber Executive Director NJ Ayuk – and an even bigger shock to the Chamber – that the London-based Hyve group decided to move the annual Africa Oil Week from Cape Town, South Africa to Dubai. It was such a shock that the AEC shortly afterward announced it was sponsoring Africa Energy Week on the same weekend (November 8-12) as the (Out of) Africa Oil Week. Mr. Ayuk works hard to ensure the interests of African companies and citizens in African energy ventures are widely recognized. He calls the dueling conferences a major confrontation between “Cancel Fossil Fuels” (Dubai) and “Protect our Oil and Gas Industry” (Cape Town). The Cancel Fossil Fue...

24Jun

By Africa BusinessNo Comments

Africa Travel, Events, South Africa News, travel

An Oil and Gas Drive for Cape Town and Multi-Sectoral Growth

Taking place in Cape Town, African Energy Week 2021 ensures Africa-focused events benefit African tourism and associated sectors. African concerts, sporting events, and even oil and gas events are beginning to take shape in 2021 after a significant period of inactivity due to COVID-19 restrictions. African cities including Cape Town in South Africa and Dakar in Senegal have created amazing hospitality and tourism industries that have brought in millions of visitors each year and fueled millions of dollars in economic output. While most foreign event firms like London based Hyve group/Africa Oil Week have deserted the continent for ‘greener pastures’ elsewhere, Africans and Africa-focused energy events are leading the way and cities like Cape Town stand to benefit. The ongoing coronavirus p...