The Hand-me-downs Causing Blackouts across Africa
As African incomes rise and the number of hotter days from climate change increases, demand is exploding for air conditioners around the continent. In Nigeria, Africa’s most populous nation, more than 500,000 air conditioning units are bought each year and the number is increasing by 4 to 5 percent annually, according to a recent report. […]
Africa’s Acquisitions Environment Booms Despite Pandemic
Over the course of the year, news of multi-million dollar acquisitions have made headlines across African tech ecosystems, including the $288 million purchase of DPO Group, a payments services provider for African businesses, by Network International, a Dubai-headquartered payments giant. Four of these deals which have seen full or partial acquisitions of African startups are […]
Zimbabwe’s Informal Workers Call for Formal Recognition
The informal workforce, which comprises 85% of the total workforce, is struggling to recover from lockdown measures after local authorities cleared informal traders from the streets for three weeks from March to April. Working hours continue to be limited by a curfew, while street vendors have been squeezed by dwindling disposable incomes in the country. […]
A New Player To AIot Game: TECNO Debuts AIot Strategy With Smart Audio And Smart Wearables New Launches
And First 5G CPE With Ultra High Speed At Industry Best Price TECNO, a global premier smartphone and smart device brand, today debuted its strategic launch of TECNO Smart AIoT ecosystem strategy, marking TECNO’s strategic expansion of its business portfolio to AIoT area. Riding on its unique strengths and resources, as well as its accumulated […]
PAFTRAC Challenges WTO To Hear Africa’s Voice
Communiqué sets out a road map for WTO reform Communiqué calls for development to be at the centre of WTO reform Agriculture subsidies and non-tariff barriers highlighted as a specific hindrance to development Following a meeting convened by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) and hosted by the Afreximbank, a communiqué addressed […]
African Private Sector Upbeat About The Future But Demands Fairer And More Transparent Global Trading System
A survey of 200 CEOs was commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC), and conducted by African Business magazine in partnership with the Afreximbank. It revealed that: African CEOs explicitly called for a fairer system governing global trade that will support developing countries 37% of the CEOs surveyed feel WTO as […]
Corporate Activity In Africa – Has Covid-19 Opened Opportunities For Investors?
By Charles Douglas, Co-head of M&A, Bowmans Having delivered an unprecedented systemic shock to economies across the world, the COVID-19 pandemic has precipitated sharp drops in M&A deal value and volume in Africa. However, there are already indicators of increasing M&A interest, which is likely to accelerate. Is this a silver-lining or as a result […]
Suicide Prevention Day: Suicide Goes Viral On Social Media
Thursday September 10th, is World Suicide Prevention Day (WSPD) around the world, organized by the International Association for Suicide Prevention (IASP), and co-sponsor World Health Organisation (WHO). This year, however, we find ourselves within a different context, trying to emerge from various levels of lockdown and re-establish society and community in stabilising healthy daily activities. […]
Tiktok Challenges Entrepreneurs To Join World-first Elevator Pitch In The Sky
TikTok partners with The Gritti Fund and renowned global entrepreneurs to take African entrepreneurs to new heights, literally The sky is indeed the limit for South Africa’s bold and innovative entrepreneurs, as TikTok – the leading destination for short-form videos – in partnership with The Gritti Fund, the world’s first purpose-driven and happiness-focused investment fund, launch the […]
Africa Communications Media Group’s Mimi Kalinda Named Standard Bank Top Women Awards 2020
Top Woman Entrepreneur Finalist Africa Communications Media Group (ACG) is thrilled to announce that Co-Founder and Group CEO Mimi Kalinda has been selected as a finalist for this year’s prestigious Standard Bank Top Women Award. “We believe that now more than ever, it is crucial to recognize the companies and individuals such as Mimi Kalindawho are making impactful change […]
