Africa Business World 

The Rise Of Modern POS Systems In Emerging Markets

Across emerging markets, businesses have never adopted technology so quickly as they do today. One area of tremendous growth in terms of new business use has been the adoption of modern Point of Sale (POS) solutions. The same tools used by many larger retailers can be accessed today by businesses of all sizes. Modern POS tools assist local businesses in… Read More
Africa Business World 

Africa’s mobile betting revolution: How smartphones became the new bookmaker

If you spend time following sports in Africa today, it is easy to see how much has changed in a relatively short period. A decade ago, placing a wager often involved traveling to a betting shop, waiting in line, then holding onto a printed ticket until the event ended; today, the experience looks very different, as millions of people can… Read More

Ghana’s showdown with MultiChoice raises diplomatic alarm

Ghana’s Communications Minister, Samuel Nartey George, has issued a stern warning to MultiChoice, threatening to shut down DStv operations in the country if the South African-owned media giant fails to reduce its subscription fees. The ultimatum follows a public disagreement between the Minister and MultiChoice over whether the company had agreed to lower prices after The post Ghana’s showdown… Read More

South Africa’s response to US tariffs

South Africa has responded to recent 30% U.S. tariff signaling its willingness to negotiate diplomatically but also look to other markets. The US tariffs are set to be rolled out by August 8. South Africa’s government is one of the hardest hit in Africa. Tens of thousands of job losses, especially in the agriculture and The post South Africa’s… Read More
Africa Business World 

What African Traders Need to Know About Automated Trading

In 2020, the East African stock market automation project went live. Before that, those who wanted to trade local shares would need to claim their shares certificate in person and then bring or physically send it to the market they wanted to trade in. The new EAC Capital Markets Infrastructure, however, allowed stakeholders to open an account across markets and… Read More
Africa Business World 

Over 500 business and govt leaders to attend 7th Africa Singapore Business Forum

Enterprise Singapore (EnterpriseSG), the government agency championing enterprise development in Singapore, has announced dates for the 7th edition of the Africa Singapore Business Forum (ASBF). The Forum will be held in Singapore from 29 – 31 August 2023 with the theme “Driving Africa’s Growth through Digitalisation, Manufacturing and Sustainability”. The theme is in line with the opportunities arising from Africa’s… Read More
Africa Business World 

Africa50 General Shareholders Meeting opens with a forum in Lomé

The Africa50 Infra for Africa Forum kicked off on Monday morning in Lomé, Togo, with a landmark signing of an asset recycling agreement. Asset Recycling is an innovative initiative led by Africa50 for governments to monetize existing infrastructure assets through a concession to the private sector with funds received being reinvested in other priority projects. The agreement with the Republic… Read More
Africa Business World 

Food and fuel prices surge in marginalised communities amid Ukraine war

The cost of food, fuel and fertiliser in some of the world’s most vulnerable communities is continuing to escalate to crisis levels since Russia’s invasion of Ukraine, with families spending up to 10 times what they paid almost 18 months ago, according to new analysis from international humanitarian organisation ActionAid. A survey of more than 1,000 community members and leaders… Read More
Africa Business Travel World 

What Germany’s new immigration law means for African skilled workers

Germany’s parliament – the Bundestag has passed a new immigration law that seeks to reform its labour sector. Passed on Friday, the reform intends to encourage more people from outside the European Union especially Africa to come to Germany for work. Germany’s interior Minister Nancy Faeser said the “law secures prosperity in Germany” as she makes a case for the… Read More
Africa Business East Africa World 

Kenya signs duty-free trade deal with European Union

Kenya has announced that it has signed a trade deal with the European Union to give it tariff-free access to the EU market. Once ratified the deal should mean that Kenyan goods would be cheaper for European consumers, which could increase exports and create more jobs in Kenya. An EU statement noted that this was a balanced agreement, as it… Read More
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