Enygma Ventures Announces R2.1 Million Investment In Startup Circles
Enygma Ventures is delighted to announce a strategic investment into the development of the African startup ecosystem by investing 2.1 million rand (US$120,000) in the South African company Startup Circles. Startup Circles is a practical business school for entrepreneurs designed to help founders navigate scaling their businesses and becoming investor ready. “We’ve been incredibly impressed […]
Nedbank’s $296m Beitbridge Project Finance Puts Infrastructure Development And Social Upliftment Under Spotlight
The recent successful financial closing of the Beitbridge border post upgrade and modernisation project in Zimbabwe represents a pivotal moment for trade development in Africa. Completed at a cost of US$296 million, the upgrade of one of the busiest border posts on the continent is an outstanding example of what can be achieved through effective […]
‘Vaccinate Our World’ Call-To-Action Rolls On In Africa
AHF continues its global ‘Vaccinate Our World’ call-to-action with a virtual press conference in Johannesburg to urge world leaders, vaccine manufacturers, and public health organizations to ‘VOW’ to protect humanity by providing equal access to COVID-19 vaccines worldwide, particularly in lower-income countries While more than 1.3 billion COVID-19 vaccines have been administered worldwide, 83% have […]
Kenyan Regulators Set Their Sights On Free-And-Easy Fintech
By Ariana Issaias, Of Counsel, and Dominic Indokhomi, Partner, Bowmans, Kenya The regulatory net is closing on Kenya’s fintech industry. Fintech is one of the least regulated segments of the country’s financial services sector, but the industry’s unregulated days are numbered. Recent signals from various regulatory authorities indicate that change is coming – and it […]
What Is The Opinion Of S.A Inc Among South Africans
By Roné Swanepoel, Business Development Manager at Morningstar Investment Management SA As we sit down to enjoy dinner with our families, or catch-up with friends for a braai on the weekend, one can’t help but see the topic of the current state of South Africa surface time and time again. In these conversations there is […]
Bringing Back A City’s Façade from Decay
The Ivory Coast resort town of Grand-Bassam is known for its beaches and French colonial architecture. Recent flooding and the passage of time have taken a toll on the city’s historic buildings, but some people are determined to fix things. SOURCE: VOA
Investing in Africa’s Most Promising Companies
African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than US$100 million, which will be used to invest in small and medium-sized enterprises in East Africa. The fund will provide funding to scalable SME businesses, helping to drive wider business and […]
Addis Embraces Blockchain Technology
In April the Ethiopian government confirmed that it had signed a deal to create a national database of student and teacher IDs using a decentralised digital identity solution. The deal involves providing IDs for 5 million students across 3,500 schools which will be used to store educational records. This is the largest blockchain deal ever […]
Here’s Why Nigeria is Struggling to Attract Investors
Usually, when a country issues travel advisory updates to its citizens, it is to ensure that they can conduct their business safely in another country. These recommendations are made as each nation has a responsibility to ensure the safety of its people, and often carry specific guidelines addressing the state of health implications on travel […]
Africa’s Real Estate Prospects
In 2050, Africa’s population is estimated to hit over 2.5 billion according to United Nation figures. A more than adequate economic growth will be realized on the continent. The middle class is expected to grow from 355 million to 1.1 billion in 2050 according to the African Development Bank. If the continent has these two […]
