Business

Total 137 Posts

Innovative technology a boost for entrepreneurship in Africa

Countries in Africa have some of the highest rates of entrepreneurship in the world, yet their contribution to the economy is limited. Technology such as the blockchain, drones and AI could provide a way forward.

MTN has closed its stores in Nigeria

MTN has confirmed the temporary closure of its stores and service centres in Nigeria as a result of anti-South Africa attacks. It has also confirmed closing some stores in Johannesburg due to xenophobic attacks.

Growth of African rural e-commerce

The rise and growth of e-commerce in the world and primarily in Africa has created a lot of business opportunities. The trend is in the direction of developing logistics meant to tear down barriers for e-commerce penetration in rural markets.

The MIT Inclusive Innovation Challenge and Summit is coming to Ethiopia

MIT Inclusive Innovation Challenge (IIC) Africa Regional event will be held in Addis Ababa, Ethiopia on 20 September 2019. Event to also convene Summit on inclusive innovation and technology in Africa.

Huawei’s new Harmony OS won’t solve its problems

Huawei has revealed Harmony OS, its alternative to Android. However, even if the company, as it has said, could roll-out the OS within a day or two to devices if needed, it won't solve the Chinese company's problems.

JUMIA admits to fraud as it reports Q2 2019 earnings

Having previously denied that the company had misrepresented its financials before its IPO, JUMIA has come out saying it has uncovered fraudulent sales and orders dating as far back as 2018. This was reported in the company's second-quarter results for 2019.

Celebrating Africa’s digital potential

The next wave of global digital innovations and apps will likely come from Africa and be taken to the rest of the world. Africa’s young population could be its greatest asset in an age where many other regions in the world are aging.