Africa Business Image used for illustrative purpose. Getty Images If you ask people around the world which countries and continents are global leaders in business, most likely you’ll hear the United States, China, and European countries come up. However, a shift appears to be happening: Africa is starting to emerge as a real player in…
Africa Business Image used for illustrative purpose. Getty Images Applications are open for early and growth-stage health tech innovators Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, is calling for leading innovators to join its second cohort. Funded by the Bill & Melinda Gates Foundation and…
Bizcommunity.com Aerial view of solar power station and solar energy panels. Image used for illustrative purpose.Getty Images For over a decade and a half, South Africa has grappled with a crippling energy crisis. The scarcity of power has compelled many households to seek alternatives, such as installing battery backup systems, to mitigate the effects of…
Bizcommunity.com In the pulsating heart of South Africa’s business landscape, a transformative force is quietly making its mark – Artificial Intelligence (AI). The increasing reliance on AI technologies is reshaping how businesses operate, enhancing productivity, facilitating informed decision-making, and driving efficiencies across diverse industries. This article explores the burgeoning importance of AI in South African…
Reuters A worker inspects Mercedes-Benz cars at a port, in East London, in the Eastern Cape province, South Africa, July 7, 2022. REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing Rights JOHANNESBURG, Dec 12 (Reuters) – South Africa’s manufacturing output rose 2.1% year on year in October after falling by a revised 4.1% in September, statistics agency data showed on…
Reuters Soccer Football – Serie A – Napoli v Inter Milan – Stadio Diego Armando Maradona, Naples, Italy – December 3, 2023 Napoli’s Victor Osimhen in action REUTERS/Ciro De Luca Acquire Licensing Rights Nigeria striker Victor Osimhen has been named African Footballer of the Year after beating Mohamed Salah to the award at a ceremony in…
Nigerian Tribune Image used for illustrative purpose. Getty Images The African Development Bank (AfDB) has signed a $20 million Trade Finance Facility Agreement with FSDH Merchant Bank, to support small- and medium-sized businesses in Nigeria’s industrial and manufacturing sectors. The facility consists of a $15 million Trade Finance Line of Credit to support SMEs and…
Nigerian Tribune A beautiful Landscape of Benin city, Edo state, Nigeria, west Africa. Getty Images Image used for illustrative purpose. Polaris Bank has pledged to support the development of high-impact sectors, including road infrastructure, housing, education, healthcare and agro processing in Ogun State. Managing Director/CEO of Polaris Bank, Mr Adekunle Sonola, stated this while speaking…
Nigerian Tribune Image used for illustrative purpose Getty Images The Securities and Exchange Commission (SEC) has called for collaboration between the government and market participants to enhance market growth and facilitate economic development. The Director-General of SEC, Mr Lamido Yuguda, made the call while addressing journalists at the 2023 conference of the Capital Market Correspondents…
Nigerian Tribune Funding. Image used for illustrative purpose. Getty Images IN Africa, apart from the known business challenges such as the decrepit infrastructure, inconsistent government policies, double taxation, increasing inflation, regulation irregularities and the COVID-19 pandemic consequences in recent times, overwhelmingly, the lack of capital or funding issues contribute mainly to business failures. According to…
