Africa’s Hotel Industry to Suffer a Slowdown of As Much As 40% due to Pandemic
A new survey by the W Hospitality Group reveals a complete change compared with the rosy picture the sector had painted in earlier forecasts for this year. At the start of this year, accommodation groups planned to build 408 hotels in Africa, with about 78,000 rooms. However, that expansion has been scaled back, with just […]
Covid-19 Brings Africa’s Debt Problems into Sharp Focus
The unprecedented shock of Covid-19 has sent revenues plummeting at exactly the moment when governments need to be spending more. The immediate effect will be a squeeze on essential services and investment. In the tough years ahead, heavy debt burdens could push inflation up and pull growth down. Suppliers sink when the government stops paying […]
The Ideal Platform for Investors and Corporates to Discuss Investment Opportunities on the Continent
In partnership with ICBC Standard Bank and Microsoft, Standard Bank is hosting its 10th Africa Investors Conference using a specially enhanced Microsoft Teams platform to host over 2500 meetings over 5 days, doubling the number of meetings hosted in 2019. The virtual platform is enabling many more African corporates and investors to fully participate in […]
Virtual Africa Investors Conference
The ideal platform for investors and corporates to discuss investment opportunities on the continent In line with current world trends, Standard Bank Group has adopted a digital approach to enable African corporate clients and leading policymakers to connect virtually with some of the world’s leading institutional investors. In partnership with ICBC Standard Bank and Microsoft, […]
Energy Transition Plays Role In Driving Fids Across Africa
Hosted by Africa Oil & Power and the African Energy Chamber, the ‘Closing Deals: Advancing FID During COVID-19’ webinar addressed the prioritization of energy projects in an environment of limited capital investment. Natural gas developments are facing fewer delays in FID than oil exploration and production projects. ‘Closing Deals: Advancing FID During COVID-19,’ a public […]
Remittances Are A Global Lifeline During The Covid-19 Crisis
Developing countries and migrant workers are among the hardest hit by the economic effects of COVID-19, but there is hope Richard Ambrose – CEO, Azimo The COVID-19 crisis has shuttered businesses from London to Lagos, crippling economic output all over the world. The World Bank estimates that global remittance volumes will plunge by up to […]
A Freshened Up Food24 Brings Smart Inspiration To SA’s Kitchens
New Media, the owner of Food24 and Eat Out, today launched a brand-new, fully responsive Food24 website. Built by New Media’s in-house dev agency, Swipe iX, the new site mixes Food24’s 18-year legacy of 15 000 recipes and 7 000 food articles with a beautiful new look and smart tech under the hood. An improved […]
Sap’s Business Technology Platform: A Trifecta Of Data Excellence, Integration, And Extension For The Intelligent Enterprise
WALLDORF, Germany, June 18 2020,-/African Media Agency (AMA)/- SAP SE (NYSE: SAP) today announced new capabilities, enhancements and further unification of the Business Technology Platform portfolio to help companies transform data into business value. SAP’s Business Technology Platform enables developers and business users to access integrated, end-to-end services and tools to realize value along three critical areas of IT: […]
