West Africa business should turn to solar for their bottom line
“Honestly, I’m surprised this place even runs,” says the technical director of a multinational consumer goods company, with a large factory on the outskirts of Lagos, Africa, as he gestures at the flickering lights above …
How this South African banker found success in the fitness industry
In April 2014 South African entrepreneur Tumi Phake clocked out for the last time from his job at Rand Merchant Bank (RMB), where he worked as a structured-lending specialist, to start his own business.
Delivering land rights documentation to Ghanaian farmers
Landmapp, an Accra-based agri-tech start-up, provides landholders (particularly smallholder farmers) with a one-stop-shop land documentation service, allowing them to register their properties under their name. The documentation is compliant with Ghanaian regulations and customary traditions, …
Shaping the investment attractiveness of Africa’s hotel sector
According to a United Nations population report, it is anticipated that by 2050, more than half of the world’s population growth will be in Africa. The African Development Bank (AfDB) anticipates that Africa’s middle class …
Andela: Africa’s Engineering Talent With Global Technology Companies
Andela, the company that builds high-performing engineering teams with Africa’s most talented software developers, announced on Tuesday that the company has secured $40M in Series C funding. The investment was led by pan-African venture firm …
Packaging company and Africa consumer goods industry
The consumer-facing sector has been pivotal to Africa growth story, with McKinsey & Company estimating it accounted for almost 50% of GDP expansion between 2010 and 2014. But recent years have seen a combination of …
M&A Transactions involving sub-Saharan Africa the highest since 2013
According to estimates from Thomson Reuters, sub-Saharan Africa investment banking fees reached an estimated US$366.3m during the first nine months of 2017, 6% less than the value recorded during the first nine months of 2016.
Debunking the stereotypes about high risks for investing in Africa
It is very unfortunate that the world is still plagued with news and pictures that seem to depict a blood-thirsty and war-ravaged Africa. These stereotypes, that are constantly perpetuated by the popular mass and social …
Eterna Plc Gets Exclusive Rights For Distributing Castrol Oil in Nigeria
Eterna Plc. has officially launched Castrol Oil into the market of Nigeria. This follows the company’s 2015 distribution agreement with Castrol. It is also worthy to note that Eterna was granted the license to blend …
Capitalising on the continent’s mobile marketing opportunity
Justpalm is a South Africa-based mobile and web marketing agency, with regional offices in Nairobi, Kinshasa and soon Abuja. The business works with clients to integrate a mobile aspect into their marketing strategy.
DHL and MallforAfrica team up to further cross-border e-commerce
World’s international express services provider DHL Express has announced its partnership with MallforAfrica, the award-winning global e-commerce company, which will facilitate selling of made-in-Africa products to customers in the United States.
Commercial Bank of Africa (CBA) secures Sh9bn funding by Africa bank
Commercial Bank of Africa (CBA), the country’s largest privately-owned lender, has secured a Sh9.297 billion ($90 million) facility from the African Development Bank (AfDB) for on-lending largely to credit-starved small and medium-sized enterprises.
The two institutions signed …