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A screenshot from Freedom of Movement’s Instagram page. In the early years of South African clothing and accessories brand Freedom of Movement, Instagram was relatively new, and the company successfully leveraged it to promote its products. Influencers were given products for free in exchange for promotion on social media, without any direct payments. However, co-founder … Read More “South African CEO on the changing dynamics of influencer marketing” »

Finance

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 “European DFIs back TowerCo of Africa Uganda with debt” »

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Inlaks stands as a beacon of innovation and excellence in the technology sector, spearheaded by dynamic leaders who bring a wealth of experience and expertise. At the forefront is Henry. C Okolo, a seasoned Corporate Manager and Chartered Accountant, recently assumed the role of Chief Executive Officer after years of invaluable contribution and experience as … Read More “Meet the visionary leaders driving Inlaks to new heights” »

Business

BRICS is an acronym of five nations that include Brazil, Russia, India, China, and South Africa, and are the founding members. The bloc inducted four new countries this year consisting of the UAE, Egypt, Iran, and Ethiopia. The expansion makes BRICS a 10-member group from 2024 leading it to become financially stronger. Also Read: BRICS … Read More “Will BRICS Change Its Name After Expansion?” »

Finance

The UK is planning one of its biggest annual borrowing sprees on record to fund government spending. The Debt Management Office said Wednesday it will issue £265.3 billion ($338 billion) of gilts, close to the £258 billion estimated by banks in a Bloomberg survey. That’s the biggest-ever annual target — excluding the emergency financing that … Read More “UK outlines one of biggest-ever borrowing sprees to fund budget” »

Finance

Image Credit: upOwa 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 “Gaia Impact exits interest in solar kit firm to EDF” »

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Paula Marowa poses for a photo while holding a bag made by Rukanda Pride at her leather shop in Harare, Zimbabwe. Photo by: Mike Saburi, bird story agency By Mike Saburi, bird story agency An encounter with a leather craftsman as a teenager inspired Paula Marowa to enter the leatherwork business. Now in her late … Read More “Entrepreneur seizes opportunity in leather industry” »

Business

Butit Leads Team To Glory At KCB Golf Series In Eldoret Butit Leads Team To Glory At KCB Golf Series In Eldoret Businessman Amos Butit led his team of Jackson Kiprono, Wesley Kiprono, and Mike Rotich to victory returning a combined score of 116 points to clinch the second leg of the KCB East Africa … Read More “Butit Leads Team To Glory At KCB Golf Series In Eldoret” »

Finance

South Africa’s current-account deficit widened more than expected in the fourth quarter of 2023 due to dividend and interest payments. The overall balance on the current account, the broadest measure of trade in goods and services, expanded to an annualised deficit of 2.3% of gross domestic product, or R166 billion ($8.8 billion), from a revised … Read More “SA current-account gap beats forecasts on dividend payout” »

Business

Genesis Energy Group (“GENESIS”), one of Africa’s leading energy infrastructure and serial climate impact investors across Africa, announced today the signing of a Memorandum of Understanding (MoU) with the West African Development Bank (BOAD) to implement GENESIS’ serial energy infrastructure projects within the Francophone West African countries, which has as at now an aggregate pipeline … Read More “Genesis Energy Group signs an MoU with the West African Development Bank to implement serial energy infrastructure projects” »