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Top 3 risks to businesses in 2021

Companies are facing a trio of Covid-19-related risks, which pose potential disruption and loses to business in 2021...

By Thusang Mahlangu 25 Jun 2021

West African leaders and officials stand for a photo at the Ecowas extraordinary summit on terrorism in Ouagadougou, Burkina Faso. Reuters/Anne Mimault
West African regional bloc adopts new plan to launch single currency in 2027

A group of 15 West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic...

21 Jun 2021

Cryptocurrency adoption in Africa: The ups and downs
Cryptocurrency adoption in Africa: The ups and downs

Africa is booming in terms of cryptocurrency adoption, according to the 2020 Geography of Cryptocurrency Report by Chainalysis...

Eugene YigaBy Eugene Yiga 14 Jun 2021

Getty
SA, Nigeria and Kenya driving e-commerce volumes in Sub-Saharan Africa

A new Visa report states that the top market contributors to e-commerce in Sub-Saharan Africa over the last three years were South Africa, Nigeria and Kenya, with Ghana also showing growth...

9 Jun 2021

Workers in a tea plantation in Rwanda. The crop is one of the country's main exports
Africa's free trade area offers great promise. But only if risks are managed with resolve

For all its stutters and missteps, there can be little argument that the European Union (EU) has largely lived up to its ambitious billing: to create stability and growth on a continent...

By John Luiz 27 May 2021

Kenyan authorities set to regulate free-and-easy fintech
Kenyan authorities set to regulate free-and-easy fintech

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...

By Ariana Issaias and Dominic Indokhomi 20 May 2021

#StartupFunding101: Raising capital in Africa and crossing the bridge to the US
#StartupFunding101: Raising capital in Africa and crossing the bridge to the US

Pardon Makumbe, co-founder and managing partner of CRE Venture Capital, chats about the challenges of raising capital in Africa and shares advice on crossing the bridge to the US...

Evan-Lee CourieBy Evan-Lee Courie 18 May 2021

POS transaction values predicted to exceed $17.3tn globally by 2026
POS transaction values predicted to exceed $17.3tn globally by 2026

The total value of transactions processed by POS terminals will exceed $17.3tn in 2026, from $14.8tn in 2021, according to a new study by Juniper Research...

18 May 2021

Register now: CEO Connect discussion on Competitive Collaboration in Africa - One Africa, One Voice
Register now: CEO Connect discussion on Competitive Collaboration in Africa - One Africa, One Voice

SVAI (Shared Value Africa Initiative) is excited to invite all CEOs and executives to the 2021 CEO Connect Roundtable on 4 June!..

Issued by Shift Impact Africa 17 May 2021

Trucks loaded with goods had been waiting for weeks to cross the Côte d’Ivoire-Ghana borders at Elubo/Noe. © Franck Kuwonu/Africa Renewal
Africans urged to trade more with each other

African countries continue to trade more with the outside world than among themselves, according to findings of the UN Economic Commission for Africa assessment report...

7 May 2021

African sovereign wealth funds double down on governance to power growth and prosperity

A new study covering 11 African countries shows that most have a sovereign wealth fund or are in the process of establishing one...

28 Apr 2021

Bobby Madhav, FNB head of trade and structured trade and commodity finance
AfCFTA offers massive economic opportunities, but there is still much work to be done

The Africa Continental Free Trade Area (AfCFTA) agreement came into effect on the 1 January 2021. A total of 54 of Africa's 55 countries have agreed, in principle, to participate in the agreement...

By Bobby Madhav 22 Apr 2021

Europlaw Group and SJ Global Investments entered into international joint venture agreement
Europlaw Group and SJ Global Investments entered into international joint venture agreement

Europlaw Group decided of entering into a formal business collaboration of entering into a joint venture with SJ Global Investments...

Issued by Europlaw 2 Mar 2021

2020 a slow year for dealmaking in Africa, but post-pandemic opportunities look promising - Part 3
2020 a slow year for dealmaking in Africa, but post-pandemic opportunities look promising - Part 3

In the final part of this three-part series, we analyse M&A data from Kenya, Mozambique and Nigeria...

By Wildu du Plessis and Morne van der Merwe 1 Mar 2021

What is sustainability accounting? What does ESG mean? We have answers
What is sustainability accounting? What does ESG mean? We have answers

Sustainability is a hot topic today due to increasing awareness of climate change and inequality, among other pressing issues...

By Leanne Keddie 3 Feb 2021

West African solar startup secures $8.5m
West African solar startup secures $8.5m

Senegal-based startup, Oolu has secured $8.5m in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors...

By Ishani Chetty 24 Dec 2020

Africa can finance its development but needs a paradigm shift
Africa can finance its development but needs a paradigm shift

Africa faces its worst economic recession in 25 years, largely due to the Covid-19 pandemic...

By Matilda Moyo 22 Dec 2020

Bizcommunity's festive thank you to the SA business community
Bizcommunity's festive thank you to the SA business community

Since March 2020 when Covid-19 first turned business on its head, Bizcommunity has been the place where virtual business gets done, fully set up to seamlessly steer your business communications through the challenges of lockdowns, meltdowns and new...

Issued by Bizcommunity.com 18 Dec 2020

Ecowas Bank for Investment and Development headquarters in Lome. Willem Heerbaart/Wikimedia Commons
How West Africa economic partnership deals put the cart before the horse

A free trade agreement, in its most basic sense, is an attempt by existing industries to find new markets. Their need to do this arises from industrialisation - that is, the process of developing sectors that attract high levels of protection in the...

By Michael E Odijie 18 Nov 2020

Energy resources can spark Africa's economic growth
Energy resources can spark Africa's economic growth

Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

NJ AyukBy NJ Ayuk 4 Nov 2020

Zuneid Yousuf
Covid-19 and AfCFTA: why now is the time to maintain momentum despite the global pandemic

The buzz and excitement around the continent's trade agreement, hailed as the answer to a fully integrated pan-African economy, has undoubtedly slowed its pace since the secretariat became operational in April 2020...

By Zuneid Yousuf 15 Oct 2020

Getting real about virtual events
Getting real about virtual events

2020 sure has been event-ful. Online platforms have proven increasingly valuable, especially in the business-to-business space, enabling more knowledge sharing, wider audience reach and networking opportunities than ever before!..

Issued by Bizcommunity.com 9 Oct 2020

Professor Njuguna Ndung’u
Business as usual in post-pandemic recovery will only reinforce economic hardship

Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the Covid-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil...

By Njuguna Ndung'u 28 Sep 2020

Africa is open for business
Africa is open for business

Despite the Covid-19 pandemic, investment opportunities still abound in Africa. Global markets are shifting to South Asia and Africa...

15 Sep 2020

Tijsbert Creemers, managing director and partner, Boston Consulting Group
Mobile payments will unlock new business for banks in Africa

Mobile payments and other phone-based transactions represent a must-win opportunity for banks in Africa. The estimated market in facilitating payments alone is $500bn...

8 Sep 2020

Project funding through true Europlaw International escrow banking platform
Project funding through true Europlaw International escrow banking platform

Europlaw Group, situated in the Republic of South Africa and the United Kingdom, now offer project funding through our newly established escrow banking platform with the assistance of our preferred bankers...

Issued by Europlaw 25 Aug 2020

#WorldEntrepreneursDay: Pezesha, Kenya's digital financial enabler platform and marketplace
#WorldEntrepreneursDay: Pezesha, Kenya's digital financial enabler platform and marketplace

Every year, 21 August marks World Entrepreneurs' Day. The purpose of this day is to create awareness of entrepreneurs and innovation throughout the world...

Evan-Lee CourieBy Evan-Lee Courie 21 Aug 2020

Why the African free trade area could be the game-changer for the continent's economies
Why the African free trade area could be the game-changer for the continent's economies

Most economists see structural transformation as one of the main routes to Africa's sustainable development...

By Muazu Ibrahim 3 Aug 2020

IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries.
Why African countries are reluctant to take up Covid-19 debt relief

A debt service relief package has been approved by some of the world's biggest lenders for more than 25 African countries...

By Misheck Mutize 30 Jul 2020

Network International to acquire DPO in landmark pan-African payments deal
Network International to acquire DPO in landmark pan-African payments deal

DPO Group will support the expansion of Network International's presence across Africa, one of the most under-penetrated and fast-growing payments markets in the world...

29 Jul 2020

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