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 “Ninety One-managed funds back digital infrastructure firm with debt” »
Fieldbar cooler boxes are manufactured in Cape Town, South Africa. With its elegant design and modern insulation technology, South African company Fieldbar has redefined the traditional cooler box. The products are now even stocked by luxury London department store Harrods. Serial entrepreneur Lee Hartman conceived Fieldbar nearly 20 years ago during a gathering on Cape … Read More “‘Why would someone care about a cooler box that’s made in Cape Town?’” »
The SEC took the most enforcement actions for violations of securities laws in four years during its latest fiscal year and ordered the second-highest amount of money related to those actions in history, the agency announced Tuesday. The Securities and Exchange Commission filed 784 enforcement actions in fiscal 2023, a 3% increase over fiscal 2022, … Read More “SEC ups enforcement actions, imposes second-highest penalties” »
Safaricom Returns to Double Digit Growth in Half -Year ended September 2023 The growth is supported by increased earnings in Kenya as customers spend more on reduced pricing and strong growth in the Ethiopia Business Safaricom has recorded a strong growth in profitability for the six months to 30th September 2023 with the Kenyan business hitting … Read More “Safaricom Returns to Double Digit Growth in Half -Year ended September 2023” »
How can Synology Drive help enterprises in cost control and data ownership? Cloud storage has become the go-to choice for businesses, with over 60% of enterprise files now residing in the cloud, and a staggering 94% of businesses worldwide embracing cloud storage solutions (GoodFirms, 2023). However, with nearly half of cloud-stored data classified as sensitive … Read More “Unlimited cloud storage plans are becoming extinct” »
Africa has a long path to economic prosperity. According to the World Bank, seven of the ten most unequal countries in the world are in Africa, especially the Sub-Saharan region. Why? Value creation on the continent is far from its potential. It’s why Ekiti, a state in Nigeria — Africa’s largest economy — made only … Read More “Heroes tales: 5 African businesses impacting their communities” »
China is struggling in its attempt to lure foreigners back as data shows more direct investment flowing out of the country than coming in, suggesting companies may be diversifying their supply chains to reduce risks. Direct investment liabilities in the country’s balance of payments have been slowing in the last two years. After hitting a … Read More “China is having a hard time wooing foreign investors back” »
The crypto industry has seen numerous success stories, and Shiba Inu (SHIB) stands out as a notable example. Launched in August 2020, this digital asset has made a significant impact on the financial world. It drove early investors into the realm of millionaires and even billionaires. The extraordinary surge in value, reaching its pinnacle in … Read More “$1K Investment in 2023 To Turn Into $16 Million in 2027” »
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 “SPE Capital sells pharma company stake, marking fund’s second exit” »
Nov 13, 2023 Illustration only – Credit: izzetugutmen/AdobeStock Offshore drilling contractor Diamond Offshore Drilling said Monday it had entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino drillship for work offshore Guinea-Bissau. The Ocean BlackRhino was awarded a one-well contract with a minimum duration of 30 days representing … Read More “Diamond Offshore Drilling Wins Drillship Contract in Guinea-Bissau” »
