digitalization Archives - AfricaBusiness.com

22Aug

By Africa BusinessNo Comments

Business, Fintech, Main

Tapping into India and Africa’s strengths to drive a financial revolution

Vinesh Kassen, Head of India Client Coverage at Absa CIB, explores how successful digitisation projects have revolutionised the way that India and Africa interact with financial services, and why leveraging both regions’ capabilities will help deepen ties. India and Africa are embarking on a new chapter. The newly appointed high commissioner of South Africa to India, Anil Sooklal, has been flying the flag for the India-Africa relationship on the global stage, commenting in a recent speech that the two regions share a “special relationship that has so much potential at every level”. The connection between the two continents is more than just a bilateral relationship; it is a partnership with the capability to shape the future of global trade. In many ways, Africa and India are like mirror...

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...

22Jun

By Africa BusinessNo Comments

Events, Main, Zimbabwe News

Unlocking Sustainable Investment in AFRICA through AIM-AFRICA

AIM AFRICA will be a powerful impetus in strengthening AFRICA’s economic stability, sustainability, and growth. The African continent has immense untapped economic potential that presents innumerable opportunities for investors. The continent is also emerging as one of the preferred destinations for investments. According to data released in 2020 by the United Nations Population Division, 56.2% of the global population now lives in urban areas. This figure is projected to increase to 75 percent by 2050, at a growing rate of 65 million urban dwellers annually. This fact illustrates the degree to which demography will shape the future of Africa. The increase in the population combined with the effects of urbanisation and rising levels of affluence are likely to attract investors into most o...

Cisco Small Business Partner Summit to Explore Growth Opportunities Across MEA

1Mar

By Africa BusinessNo Comments

Events, Tech

Cisco Small Business Partner Summit to Explore Growth Opportunities Across MEA

Changing Market Conditions and Strategic Priorities for the Sector to be Showcased During Regional Event Cisco’s Small Business Partner Summit is taking place virtually this week, outlining the importance and growth potential of the small business sector across the Middle East and Africa. Small businesses account for 44% of all IT spending and continue to outpace traditional enterprise growth. On Tuesday 2nd March, summit attendees will be provided with insights into Cisco Designed – a tailor-made portfolio which delivers simple, secure and flexible products, available at competitive price points to help small businesses to thrive. Participants will also learn about Cisco’s Partner Programs, incentives and rewards to expand their own business offerings, while simultaneously empowering smal...

Immense impact of 4IR technologies on African economies to be addressed through South African lawyer’s World Economic Forum’s Centre for the Fourth Industrial Revolution fellowship

24Feb

By Africa BusinessNo Comments

Fintech, South Africa News

Immense impact of 4IR technologies on African economies to be addressed through South African lawyer’s World Economic Forum’s Centre for the Fourth Industrial Revolution fellowship

Ashlin Perumall, Senior Associate at Baker McKenzie in Johannesburg, South Africa, has taken up the role of Fellow at the World Economic Forum's (WEF) Centre for the Fourth Industrial Revolution (C4IR) in San Francisco. As part of his C4IR Fellowship, Perumall has joined the blockchain and digital currency working group, working on the legal and policy considerations surrounding central bank digital currencies and stablecoins. Perumall was chosen to join the C4IR last year, from a wide range of global firm submissions. Perumall states that his reasons for taking up the fellowship are based on the immense impact the 4IR will have on the emerging African economies, ranging from the changing nature of work, to the impact of AI technologies and the future of digital currencies. “The developme...

Five Tech Megatrends that can Transform African economies in 2021 and beyond

15Jan

By Richard LiNo Comments

African News, Agriculture, Fintech, Main, Medicine

Five Tech Megatrends that can Transform African economies in 2021 and beyond

The world has been experiencing massive digital disruption with the relentless rollout and adoption of disruptive and innovative technologies. Embracing digital disruption is daunting, since it is extremely unsettling with the rapid change brought about within societies and the severe impact on unskilled labor. Even if the African continent will not be spared by digital disruption, Africa cannot afford to be left out of these global technology (Tech) trends. If technology is wisely implemented, developing African countries are able to hop on the digital bandwagon to rapidly undergo a digital revolution that can boost their respective economies. While disruptive technologies like artificial intelligence, additive manufacturing, augmented and virtual reality, and others are becoming more and...

Cisco reveals the top 6 tech trends for 2021 and beyond

10Jan

By Africa BusinessNo Comments

Tech

Cisco reveals the top 6 tech trends for 2021 and beyond

From a greater adoption of sensors to a password-less future and closing the digital divide, 2021 will accelerate technologies that allow for more agility, resilience, and innovation Cisco has revealed the top tech trends for 2021 and beyond with technologies that enable businesses to be more agile, resilient, and better prepared for unexpected challenges coming to the fore. In 2020, the arrival of future digital transformation occurred far faster than expected and research from Cisco expects this trend to continue during 2021. “As the pandemic unfolded, we worked with our customers to move from business continuity to business agility. We also helped to deliver and scale innovative application experiences faster than ever before. With those changes in mind, we see six key trends defining ...