Dos Santos’ Quest to Have her Assets Unfrozen
Angolan billionaire Isabel dos Santos is appealing against court orders in Angola and Portugal which led to her assets being frozen, and claims the state used false evidence to obtain the freezing orders. Since 2018 the Angolan government has been trying to prosecute Dos Santos, daughter of former Angolan president Jose Eduardo dos Santos, for […]
Uptake of Loyalty Programme in Kenya’s Retail Sector
Kenyan fintech startup CashBackApp is helping fast-moving consumer goods (FMCG) companies to build loyalty amongst customers by allowing them to earn cashback via M-Pesa on their everyday shopping. Formed in late-2018, CashBackApp partners with FMCG companies and retailers, who use the app to reward shoppers with cashback for buying products that they promote on the […]
Tracking Money Donated to Fight the Spread of Coronavirus in Africa?
The continent has more than 63,000 cases of the virus, according to the World Health Organization. In response, private individuals, governments, and other organizations have donated extensive funds to provide protective gear, test for the virus, and provide relief materials for people in vulnerable countries on the continent. Nigeria-based nonprofit Follow the Money is compiling […]
Sim Tshabalala on the Role Banks Can Play during the Pandemic
Standard Bank Group, Chief Executive Sim Tshabalala, outlines key steps the banking sector can take to shield individual, business and corporate clients during this unprecedented time. Tshabalala made these recommendations during Africa.com’s webinar series, ‘Crisis Management for African Business Leaders’, under the theme; Liquidity – Managing Cash Flow When Revenue & Funding Dry Up. SOURCE: AFRICA.COM
Africa’s Cash Cow Crippled by COVID-19
The collapse of the travel and tourism industry – from airlines to safari guides – could be catastrophic for African economies. The World Travel and Tourism Council (WTTC), an industry association, estimates that tourism and its associated activities generate about 9% of the continent’s income. The sector employs 10m Africans directly, and perhaps 14m more […]
It’s Bad, But Why Isn’t It Worse?
Africa.com has extended its webinar series, Crisis Management for African Business Leaders, following overwhelming feedback from its 15,000 registered participants. The next session, What’s the Real Story Behind Africa’s COVID-19 Figures? features leading health experts on the frontlines of the pandemic in Africa. And will answer questions such as: “The numbers are low, but why?”, “Is it a […]
Important Highlights From Mercer’s Webinar On The Economic Impact Of Covid-19 On Nigeria
Following an outbreak of the deadly coronavirus (COVID-19) which has affected thousands across the globe, African economies are charged with providing a response to the pandemic. Some of the challenges countries are faced with include debt increase, oil demand decline, and rising unemployment. In this light, Mercer, a global consulting leader in talent, health, retirement and […]
Trees Can Go Extinct, Too. Meet The Endangered Fruit Tree Of West Africa
Across Africa and into India, the Middle East and all throughout the tropics lives a massive shade tree. It can climb to more than 100 feet tall and it’s expansive, sturdy branches hold recognizable feather-shaped leaves, providing shade and food to humans and animals alike. The abundant fruit can take more than a decade to […]
Poll Results: Are African Governments Taking Women’s Issues into Consideration during COVID-19
Africa.com’s webinar series, Crisis Management for African Business Leaders In a live poll conducted by Africa.com on May 13, 47% of webinar participants do not think that African governments are taking women’s issues into consideration as they develop policies to address COVID-19. 28% think that African governments are taking women’s issues into consideration as they […]
Women Fund Managers Encouraged To Apply For African Women Leadership Fund Membership
The United Nations Economic Commission for Africa (UNECA) and Standard Bank Group are calling on women fund managers across Africa to apply to join the African Women Leadership Fund initiative (AWLF), an innovative impact fund that will provide capital and expertise to successful candidates. The AWLF Initiative has been established with the aim of uplifting […]
