Tag: Africa

  • Mobile penetration across the continent

    Mobile phone penetration in Africa has grown significantly over the past two decades, transforming the continent’s social, economic, and political landscape. According to the World Bank, as of 2021, there were over 730 million mobile phone subscribers in Africa, representing a mobile phone penetration rate of around 70%. This growth in mobile phone usage has…

  • The growth of the MNC’s in Africa

    The growth of multinational corporations (MNCs) entering Africa has been significant in recent years, driven by the continent’s growing population, increasing urbanization, and the expanding middle class. MNCs see Africa as a new frontier for growth, with vast untapped potential in markets such as consumer goods, telecommunications, and financial services. Africa’s favorable demographics and economic…

  • Crypto – the new mobile money?

    Crypto and mobile money are not synonymous. While both crypto and mobile money are forms of digital currency, they differ in several important ways. Mobile money refers to a type of digital payment system that allows users to transfer funds and make payments using their mobile phone. This can include services like M-Pesa, which are…

  • Africa’s rising micro-businesses

    In recent years, the growth of micro businesses in Africa has been remarkable, driven by rising entrepreneurship, increased access to capital, and the rise of mobile and digital technologies. Micro businesses, defined as small, locally-owned enterprises with fewer than 10 employees, are playing an increasingly important role in Africa’s economies, contributing to job creation, poverty…

  • FDI into southern Africa

    Foreign Direct Investment (FDI) into Southern Africa has been on the rise in recent years, reflecting the region’s growing appeal as an investment destination. FDI into Southern Africa is critical for the development of the region’s economies, providing access to capital, technology, and expertise, and boosting job creation and economic growth. One of the key…

  • China & Africa – what’s going on?

    China’s growing influence on the African continent has been a topic of much discussion in recent years. The country has become one of the largest investors in Africa, with a focus on infrastructure, natural resources, and trade. This growing relationship has been driven by China’s need for resources to fuel its economic growth and by…

  • Africa’s technology hubs

    In recent years, Africa has become a hotbed of innovation and creativity, with a growing number of technology hubs springing up across the continent. These hubs serve as centers of innovation and entrepreneurship, providing a space for tech startups, developers, and investors to come together and collaborate. They are playing an increasingly important role in…

  • Africa Business Review 2021

    The business landscape in Africa in 2021 was shaped by the ongoing impact of the COVID-19 pandemic. The pandemic had a significant impact on many African economies, leading to a slowdown in economic growth and an increase in unemployment. However, despite these challenges, there were also some positive developments in the African business landscape in…

  • Will Africa be the next economic powerhouse?

    Africa has the potential to become an economic power in the coming years, with a number of factors contributing to its growth and development. The continent is home to a large and growing population, as well as abundant natural resources and a growing middle class. Additionally, there has been a rise in investment, innovation, and…