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Lufthansa’s New Johannesburg-Munich Route: Expanding Horizons For South African Travelers

Lufthansa’s New Johannesburg-Munich Route: Expanding Horizons For South African Travelers

By Kojo Richman Lufthansa has officially launched its new nonstop flight connecting Johannesburg to Munich, Germany, marking a significant development in South African air travel. This route, reintroduced after a 19-year hiatus, coincides with South Africa’s Tourism Month, potentially boosting the country’s travel industry. The new service represents a substantial expansion of Lufthansa’s presence in South Africa, […]

Questions Over the Viability of President William Ruto’s Flagship Economic Programme

Questions Over the Viability of President William Ruto’s Flagship Economic Programme

New data from Kenya’s State Department for Micro, Small, and Medium Enterprises (MSMEs) has shown that default rates for loans from Kenya’s “Hustler Fund,” a government initiative which allows citizens to access credit at cheaper rates than commercial banks, now surpass 50%. President William Ruto launched the fund in a bid to offer poorer Kenyans […]

Much of Sudan’s Formal Economy is in Ruins

Much of Sudan’s Formal Economy is in Ruins

Vast swathes of Sudan face famine on a scale the world has not seen in decades. The war, which pits the Sudanese Armed Forces (SAF) against a paramilitary group from the western region of Darfur known as the Rapid Support Forces (RSF), has devastated the country’s industrial base. The central bank lost most of its […]

Chinese Authorities have Detained the CFO of Africa’s Largest Smartphone Supplier

Chinese Authorities have Detained the CFO of Africa’s Largest Smartphone Supplier

Transsion is in the throes of a major push into other emerging markets as it battles with growing competition from Chinese rivals and legal pressure over alleged intellectual property violations. Nicknamed the “King of Africa” for its dominance of the continent’s smartphone market, the company got its start in a Nigerian market where founder and […]

Building Egypt’s Hydrogen-powered Skyscraper

Building Egypt’s Hydrogen-powered Skyscraper

The Forbes International Tower, a 240-meter-tall office building due to be constructed close to the Iconic Tower — Africa’s tallest building — was planned from the outset to be environmentally conscious. The building marks the latest chapter in net-zero architecture, following the likes of Foster + Partner’s Z6 tower in Beijing, which has net-zero operational […]

Business Remembers South African Minister

Business Remembers South African Minister

Pravin Gordhan’s 50 years of public service in South Africa took him from a young anti-apartheid activist to a determined taxman and finance minister, and eventually a central figure in the battle against State Capture, standing strong despite relentless challenges and attacks. DAILY MAVERICK

Unpacking the AU’s Recently Approved Continental Artificial Intelligence Strategy

Unpacking the AU’s Recently Approved Continental Artificial Intelligence Strategy

In light of Africa’s burgeoning interest in AI, Ventures Africa recently interviewed Peko Wan, the co-CEO of Pundi X, a company at the forefront of making cryptocurrency accessible across the globe, including in Africa. With over 15 years of experience in the IT industry and a track record of success at companies like Opera Software […]

How Ghana Can Extract Value from Artisanal Mining 

How Ghana Can Extract Value from Artisanal Mining 

Ghana is one of the world’s gold hotspots. It is Africa’s largest producer of gold, and it ranks sixth globally. In 2023, 4 million ounces were produced. It is essential to Ghana’s economy, contributing around 7% of gross domestic product. However, a form of mining known as artisanal, illegal or small-scale mining has become the […]

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