Category: Articles

Growing African interest in nuclear power signalled by conference this month in Uganda

Calculations by the International Atomic Energy Agency (IAEA) were that, in Africa, some 600-million people and 10-million small businesses lacked a dependable electricity supply. Nor did connection to a national grid guarantee a reliable supply of energy. The World Bank has reported that nearly 80% of the continent’s businesses suffer from power cuts. The continent

WeWork and SiSebenza announce partnership to expand Africa footprint

Global flexible space provider WeWork has entered a franchise partnership with SiSebenza, a pan-African real estate investor, which gives SiSebenza the exclusive right to operate WeWork’s existing locations in South Africa.  The deal also grants SiSebenza exclusive rights to grow and operate the WeWork franchise in Ghana, Kenya, Mauritius and Nigeria. WeWork opened its first

Bolt to finance drivers’ vehicles

NAIROBI, Kenya, Mar 2 – Ride-hailing platform Bolt has said that it is looking to offer drivers vehicle financing offers to increase the number of customers on the platform. The Estonian-based company said that this was informed by a rising demand for online taxi services. E-hailing companies have been riding on the popularity of digital

Qatar Airways geared for growth in Africa

Qatar Airways is gearing for growth in Africa, establishing new routes and increasing frequencies on others. Africa is amongst the fastest growing aviation markets, with the sector expected to be valued at $400 billion by 2040 and with annual increases in passenger traffic of 5,4%. To meet this projected demand, Qatar Airways has this year

Africa Junior hockey team to be named this weekend-Malungu

The final 18-man squad for the Africa Junior Championships will be named this weekend, under-21 men’s coach Mike Malungu has revealed. The junior championship will be held on March 12-19 in Ismailia, Egypt. Malungu who doubles up as the Western Jaguars coach added that the team has been training for the last two months. “We

Can Bola Tinubu turn Nigeria’s economy around? [Business Africa]

Faced with slow growth, an oil sector in recession and rising debt, where does Nigeria’s new government start? There’s also the mess created by a botched introduction of new bank notes. In the last seven years, GDP growth averaged 1.1 percent as the country experienced two recessions. The pandemic and its attendant effects pushed 133

Small businesses urged to ‘go solar’ following the 2023 Budget Speech

If anything, the 2023 Budget Speech revealed it was that devising a targeted plan to solve South Africa’s ongoing energy crisis remains the government’s top priority. The immediate future will see a concerted and collective focus on bringing together the public and private sectors in a bid to fuel the clean-energy transition and end loadshedding.

Since 2021, Google has backed 110 African startups through the Black Founders Fund

News After investing over $7 million into 110 African startups within two years, Google through the Black Founders Fund wants to invest in more startups on the continent. Some of the African founders backed by the Google Black Founders Fund Black-led startups globally accounted for o.5% of the venture capital funding in 2020, according to