Firms that Solve an African Challenge
Seven African startups have been selected a finalists for the 2024 ASME Innovation Showcase, the prestigious international accelerator of hardware-led social innovation. They include Kenyan ventures Adumu, which has developed a biodiesel-fueled institutional cooking system, and Megagas Alternative Energy Enterprise, which converts plastic waste into clean cooking gas. Uganda is represented by Che Innovations, which […]
Nigeria has Dropped Tax Evasion Charges against Two Binance Executives
Binance was accused of failing to register with the Federal Inland Revenue Service to pay all relevant taxes administered by the service. The FIRS alleged that while Binance was offering taxable services to subscribers on its trading platform, the company failed to issue invoices to those subscribers to determine and payment of its value-added taxes. […]
Africa’s Tech Skills Development Goes Beyond The Classroom
Tech skills development in Africa is increasingly going beyond the borders of the classroom as organisations take novel approaches to addressing pervasive skills availability constraints. Kholiwe Makhohliso, Managing Director at SAP Southern Africa, says upskilling and mobilising Africa’s considerable skills base is a defining opportunity for the future success of the continent. “Digital technologies continue […]
Accra’s Loadshedding Crisis
Power cuts are expected to last at least another three weeks in parts of Ghana because of a shortage of supplies from Nigeria. To end the shortfall, Ghana’s government will have to stump up around $400m to buy gas and liquid fuel for power plants. A growing debt may be behind the power shortages that […]
Building an Ecosystem for Intra-African Trade
While many African fintechs struggle to scale, Blaaiz, a cross-border payment and remittance platform, is successfully capitalizing on a promising niche. “Every time I traveled, both within and outside Africa, I realized there were few trusted providers for moving money across African currencies or from stronger currencies to African ones,” says Ifelade Ayodele, CEO and […]
Opinion: A Collaborative Approach Will Accelerate The Growth Of Africa’s Aviation Industry
Anbessie Yitbarek, Boeing VP, Commercial Sales and Marketing- Africa The pace of global evolution is accelerating. Rapid and ground-breaking developments now render true meaning to the timeless saying that change is the only constant in life. This evolution has presented a challenge for industries required to embrace, adapt, and thrive and those that will not, […]
G7 Talks Investments and Infrastructures Projects in Africa
The Partnership for Global Infrastructure and Investment (PGI) program was high on the agenda. Projects include a rail corridor that will connect southern and central Africa. The project will also bring telecommunication cables and other infrastructure to the region. The infrastructure investments are meant to serve as an alternative to China’s development efforts, which the […]
Airtel Africa Taps Network International For Payments Processing
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, announced today that Network International (Network) the leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as its payment processor. This collaboration is set to drive Airtel’s continued provision of […]
11th Angel Fair Africa Returns To Silicon Savannah
The 11th Angel Fair Africa (AFA) aka AFA@11 is returning to the Silicon Savannah of Nairobi, Kenya from 7th to 8th November 2024. AFA is Chanzo Capital’s annual event that brings together selected African entrepreneurs and curated investors to DO DEALS. Dr. James Mworia, Group MD and CEO of Centum Investments Company, promoters of the […]
Mastercard Women SME Leaders Awards Reveals 2024 Winners
Mastercard has announced the winners of the third edition of its Women SME Leaders Awards, celebrating the achievements of women-owned and led businesses across diverse sectors in the Eastern Europe, Middle East and Africa (EEMEA) region. Launched in 2022, the Mastercard Women SME Leaders Awards is the first initiative of its kind to recognize outstanding […]
