South African Firms Dominate Africa’s Top 250 Companies by Market Capitalisation

Business in Africa is changing, highlighted by new companies in entertainment, health, construction and food entering the top continent’s top business ranking. Although mining, financial services and telecoms still take most of the top spots in Africa’s Top 250 Companies 2019, measured by value, Africa’s biggest company is a forward-facing global media giant, Naspers which […]

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Africa’s 25 Most Liveable Cities

Many cities on the continent offer attractive environments in which to do business, and the quality of living is an essential component of a city’s attractiveness. The appeal of cities as a place to live and work is a key aspect of attracting talent as well as global and local businesses. In Africa, Port Louis […]

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The Biggest Obstacle to Business for SME’s in African Countries

Entrepreneurs have a pivotal role to play in Africa’s unemployment crisis. Today over a third of the continent’s young workforce (those aged 15-35) are unemployed. Another third are in vulnerable employment. By 2035, Africa will contribute more people to the workforce each year than the rest of the world combined. By 2050 it will be […]

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MTN Lists in Nigeria

MTN Nigeria has signed a $653 million loan with seven local banks, a day after it floated its shares on the Lagos stock market. The seven-year loan deal coordinated by Citibank was signed with a consortium of Access Bank, Guaranty Trust Bank, Zenith Bank, Fidelity Bank , FCMB, United Bank for Africa and First Bank. […]

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Creating a Cashless Africa

Across Africa, there has historically been a heavy reliance on cash, with around 95 percent of retail transactions taking place in cash. Global and local organisations are investing in innovative digital payment systems and new disruptive payments tools to displace cash, while delivering new levels of inclusion to the benefit of consumers, businesses and governments. One […]

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Goldman Sachs Group Banks on Cyril Ramaphosa

The US investment bank seeks to tap into fast economic growth on the continent. The lender is partnering with Investec on equity trading, which will allow both firms to extend their trading operations from Johannesburg to the rest of Africa. Goldman Sachs, which has had a presence in South Africa for 20 years, will also […]

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The African Union’s Plan on Creating a Close-knit Relationship amongst Members

In 2013, the AU designed Agenda 2063, a framework with set objectives to aid the socio-economic transformation of the continent over the next 50 years. The vision is to maintain integration of Africans on the continent. One of the ways the union is doing this is through the proposed launch of a continental passport known […]

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Setting Up an African Development Centre

American technology giant Microsoft Corporation has unveiled plans to set up an African technology development centre in Kenya. The technology centre will be Microsoft’s 7th globally and will not only be the corporation’s gateway to the region, but will carry huge potential for jobs and business opportunities for tech-savvy Kenyan youth in the various ICT […]

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Getting Around Africa’s Mapping Issues

The growth of e-commerce in Africa is plagued by an array of issues that include fraud and delivery difficulties. Addressya is a platform that seeks to solve this by providing access to a precise and easy address system. All you need is your smartphone, download the app and simply create your profile. With Addressya users […]

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Plans for Egypt’s New Capital Hit a Snag

Egypt’s government wants to start running the nation from a new capital in the desert from mid-2020, but the $58 billion project is struggling to raise funds and needs to overcome other challenges after investors pulled out. Workers are rushing to build core areas of the new city to replace Cairo, the existing capital on […]

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