Meta has released its `2022 Africa Year in Review‘, capturing some of the company’s investments and initiatives in sub-Saharan Africa across innovation, its support of SMEs and Creators as well as its work connecting communities. [c]
Glovo has launched Glovo Local, a new program for small and medium-sized businesses (SMEs) in the retail and restaurant industries to enable them to digitise their products and services in order to boost their growth. [c]
Norsad Capital and TLG Capital have announced the beginning of a partnership to cement the market leading private credit platform for medium sized companies across sub-Saharan Africa (SSA). The partnership will allow for building and [c]
In a perfect world, there should be no reason why a small or informal business can’t achieve the same growth trajectory as a formalised business. In fact, their smaller size could mean less red tape, [c]
Absa Bank’s SHE Stars Program has graduated its first cohort of 257 women entrepreneurs who went through blended finance and business development services capacity building aimed at increasing the growth and competitiveness of women-owned MSMEs. [c]
Zoho Corp, the global technology company, has announced that it will be opening a new office in Johannesburg to accommodate its growing employee base in the country and cater to its customers. The company has [c]
By Doug Hunter Africa is famous for resource and mineral wealth – we dig, we sweat, we sell. The world and a few locals get wealthy. But what about the people and the country. Kenya [c]
The East African Business Council (EABC) and the International Trade Centre (ITC) have launched an online platform – www.myeasoko.com – designed to boost the competitive edge of East African small businesses. The platform provides small [c]
Diamond Trust Bank (DTB) has launched a special account for women running Small and Medium Enterprises. Dubbed Zawadi, the account is designed to enable women access favourable credit terms to grow their businesses from one [c]
Africa Logistics Properties (ALP) has opened a new modern warehouse facility at ALP West Logistics Park in Limuru, Kiambu County aimed at easing supply chain management for small and medium sized enterprises (SMEs). Named Kyoga [c]
KCB Bank Kenya has set aside Kshs 250 billion to fund women entrepreneurs in the next five years, cementing the Bank’s role in catalyzing economic growth. In a newly revamped women offering, the Bank will [c]
In the midst of a period of ongoing disruption, SMEs are increasingly turning to the cloud to help evolve their business models, achieve greater efficiency, and drive innovation. According to Jade Michael, Head of Public [c]
The recent Kaspersky global survey conducted amongst 1,307 decision-makers in companies with 1 to 999 workers shows that cybersecurity incidents pose almost the same difficulties as dramatic fall in sales. Thirteen percent of respondents from [c]
By Susan Situma Kenya’s improvement in the World Economic Forum’s (WEF) 2022 Global Gender Gap Index is a strong indicator of women’s growing participation in the country’s economic development. According to the report, Kenya’s global [c]
Business software vendor Odoo has chosen Kenya as the location to establish its first African office, setting up operations here from July 1, 2022. The firm, which targets to recruit up to 50 new staff [c]
Zoho, a global technology company, has launched Zoho Africa Digital Enabler (ZADE) package in Kenya to help small businesses take steps towards digital transformation. The company, which grew by 47% this year in Kenya, also [c]
The Central Bank of Nigeria (CBN) has granted an Approval In Principle (AIP) to Abeg Technologies, a product of Piggytech Global, as a Mobile Money Operator (MMO) in Nigeria. With the platform becoming Nigeria’s first [c]
Data from Mastercard’s 2022 Borderless Payments Report has revealed that two in five (46%) small and medium sized businesses (SMEs) in Africa, Middle East and Eastern Europe (EEMEA) are earning more money than before the [c]
Mozilla has unveiled a course for SMEs and startups in Kenya to increase their awareness and capabilities on the use and management of data collected in their day-to-day business operations. The online course, Lean Data [c]
When a small business owner is faced with the responsibilities of production economics, financial reports and marketing all at the same time, cybersecurity can often appear complicated and, at times, unnecessary. However, this disregard for [c]
The informal sector accounts for about 18 percent of South Africa’s GDP, with over three million workers engaged in the informal economy. In addition, an estimated 2.9 million migrants reside in South Africa, many of whom struggle to access financial services in order to [c]
Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured $3.2 million in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the round with participation [c]
Glovo, one of the world’s leading multi-category delivery players, is upscaling its partnerships to support Small Business Enterprises (SMEs) by creating a Kibanda Bubble where the Kibanda owners can sign up for free and start [c]
Cybercrime is on the rise globally and Africa is not immune. In fact, South Africa has amongst the top most cybercrime incidents in the world and a lack of sufficient investment in cybersecurity has led [c]
By Sa Nyoung Kim Small and Medium Enterprises (SMEs) constitute over 90 per cent of businesses in Kenya and provide seven out of ten jobs in the country. Despite their economic significance, many fail to [c]
Glovo, one of the world’s leading multi-category delivery players, has in partnership with Esade Business School, Ashoka Africa and Boston Consulting Group (BCG), organized a competition for early-stage tech-based startups based in Kenya that deliver [c]
Kaspersky experts have uncovered a series of attacks by advanced persistent threat (APT) actor BlueNoroff against small and medium-sized companies (SMEs) worldwide resulting in major cryptocurrency losses for the victims. The campaign, dubbed SnatchCrypto, is [c]
Yellow Pages have announced the launch of a new service, Yellow Connect, specifically designed to help SMEs grow the visibility of their businesses both online and offline, and reach more customers with prices starting from [c]
By Hardeep Sound How does the East African region achieve a full economic recovery from the impact of the pandemic while also building toward a more globally-competitive and sustainable future? As the only region in [c]
Lenovo unveiled new ThinkBook laptops, an all-new desktop sub-brand, and complementary accessories showcasing premium materials, sophisticated and sustainable designs, and innovative features to address the needs of next generation Small and Medium Enterprises (SMEs). The [c]
Leading content generation and upstream oil and gas activity analysis firm OilNews Africa has provided the first free industry outlook for the upcoming Uganda upstream sector development phase being led by TotalEnergies and CNOOC. Uganda [c]
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