Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Enko Capital sells majority stake in Netis to investor group” »
Safaricom has launched a Christmas campaign dubbed “Sambaza Furaha” that aims to bring joy to customers by spreading the sprit of sharing and joy ‘Sambaza Furaha’ Christmas Campaign Powered By Safaricom Safaricom has launched a Christmas campaign dubbed “Sambaza Furaha” that aims to bring joy to customers by spreading the sprit of sharing and joy … Read More “‘Sambaza Furaha’ Christmas Campaign Powered By Safaricom” »
My Pivot Journal is a Ventures Africa weekly series documenting people’s career transitions from one industry to another, especially to tech. Segun Adeyemo always thought his golden goose was in the creative industry. But a leap of faith into the corporate world helped him find personal growth, and now he’s helping companies grow. Here is Segun … Read More “My Pivot Journal: How Segun Adeyemo went from modelling to creating growth models” »
South Africa’s current account deficit shrank by much more than expected in the third quarter, reflecting lower import volumes amid weaker demand and logistics bottlenecks. Read: Economy shrinks as Eskom, Transnet woes bite ADVERTISEMENT CONTINUE READING BELOW The deficit on the current account, the broadest measure of trade in goods and services, shrank to an … Read More “SA’s current account gap narrows as imports slip” »
Gold prices rose on Thursday while the US dollar fell. Spot prices increased 0.3% to $2,030.20 per ounce, while futures held steady at $2,047.10. The US dollar index (DXY) fell 0.3% against other currencies, making gold cheaper for rival denominations. Furthermore, 10-year Treasury note yields almost reached a near three-month low. Source: Reuters Also Read: … Read More “Gold Prices Rise Amid Slipping US Dollar” »
by Fintechnews Africa 5 December 2023 IFC announced an investment in a new fund by Apis Partners LLP, a private equity firm, to help innovative mid-cap financial service providers expand and boost financial inclusion among individuals and micro, small, and medium-sized enterprises across Africa, South Asia, and Southeast Asia. IFC is making a $75 million … Read More “IFC Invests in New Private Equity Fund Targeting Financial Inclusion Startups in Africa and Asia” »
Nov 20, 2023 Credit: Jan De Nul Offshore installation contractor Jan De Nul Group said Monday it had signed an agreement with the Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), to start the study for the construction of an undersea export cable between Egypt and Europe. In late September, … Read More “Jan De Nul Group Could Install 1000km Subsea Power Cable Between Egypt and Europe” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “STANLIB launches $1bln energy transition credit fund” »
Solving Connectivity Challenges Through Roaming “COW” Have you ever been at an event and your calls keep dropping yet your phone is okay? When there is a large number of people using their phones in the same location, the network becomes strained due to the high demand of the network serving the area. But thanks … Read More “Solving Connectivity Challenges Through Roaming “COW”” »
Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since the strictest months of a Covid-19 lockdown three years ago, amid continuing power cuts and congestion at the nation’s ports. An index tracking expected business conditions in six months time fell to 41 in November, signaling that … Read More “SA factory manager outlook worst since Covid lockdown” »
