Firms, founders, and corporate strategies across African markets.
A Kenyan court has ordered banks in the country to freeze the accounts of a Nigerian fintech company, Flutterware. The court order came after allegations against the company of financial fraud and money laundering activities were made against the company. The fintech giant has, however, denied all the allegations and
Uganda’s national carrier, Uganda Airlines, has recently been granted landing rights at Guangzhou Baiyun International Airport located in southern China. The airline announced the news across their social media pages over the past weekend. Uganda Airlines (UR) will use its new Airbus A330-800neo for the new route on a
Africa's population is predicted to increase from 1.3 billion to 2.5 billion people by 2050, resulting in an increased demand for meat. However, increasing livestock production to meet the demand has negative environmental consequences, as studies have shown that livestock emits a lot of greenhouse gases.
Concerns have recently been expressed about a dramatic decrease in investor funding across the African startup sector. Some stakeholders are already worrying about an impending finance shortage for African entrepreneurs. It goes without saying that this is bad news for an ecosystem that relies on foreign investors for finance. There
Access Bank Plc, Africa’s biggest bank by customer base, is set to acquire an 83.4% stake in Kenya’s Sidian Bank. The acquisition is valued at 36.7 million USD which is about 15 billion NGN and 4.3 billion KES. The shares currently belong to Centum Investment
Africa’s most valuable startup, Flutterwave, is in the spotlight for alleged dubious business and personal practices by Olugbenga Agboola, its founder and chief executive. Recently, Clara Wanjiku Odero, a Nairobi-based former executive at Flutterwave, posted an explosive article on Medium. Odero, who until 2018 held the title of head
African startups are steadfastly gaining the traction they deserve and the funding to back it. The past two years have been try and error for most businesses, with even the oldest establishments buckling under the new circumstances and pressure to stay afloat amid lockdowns, isolation, and curfews. However, this was
The Critics Company – a group of young teenagers from northern Nigeria who started making sci-fi movies in 2016 have become a global sensation and attracted international recognition. Interestingly, in making their first sci-fi movie in 2016, the teenagers shot all the movie scenes from android mobile phones that they borrowed
The importation of talent in business is standard practice. Many big companies look outside their borders to seek incredible minds to join their team and add unique qualities to the mix. However, there is a common thread amongst these prominent tech companies – more and more of them have Indian-born CEOs
Have you ever wondered whether there is anyone at the other end listening to your conversation or can tap into your conversation anytime with or without your authorisation? There are chances that while you are having a conversation with your friends, children, spouse or workmate, your calls are automatically recorded
A global supplier of residential lifts has teamed up with corporate partners in an effort to develop sustainable sources of clean, potable water to some of the remotest parts of Africa. Recently, Stiltz, a supplier of home lifts, announced that the company will be working alongside other companies to offer
Everyone has a personal brand, and that determines the level of their career success. Personal branding involves the creation of a positive public identity for your target audience. As you can see, it is similar to business branding. The only difference is that personal branding focuses on how you market
This week, Google held its first Google Startup Week in Lagos. The event saw Google Launchpad Accelerator Africa graduates from across Africa pitch for funding from some of Africa's and the UK’s top venture capitalists. Additionally, Launchpad Accelerator Africa class 4 graduated from the program. The class
The telecommunications giants, Safaricom and Huawei, were jointly awarded "The Business of Tomorrow" award at AfricaCom 2019 in Cape Town, South Africa for the overdraft service Fuliza. Launched in January 2019, Fuliza is a service that allows M-PESA customers to complete their M-PESA transactions when they have insufficient
We are living in times where there are unprecedented levels of pollution on the planet because of plastic waste. It wreaks havoc to the harmonious nature of the environment and such effects have detrimental repercussions on human existence. In South Africa, a company is working solidly to ensure that plastic
When planning an apartment, make sure you have all the equipment and lighting you need for more life. In addition, many organizations are aware of organizations that can offer the type of lighting and the phase of a contract. It can be too expensive to buy any kind of equipment
