Business

Some of Africa’s Almost 700 Tech Hubs Playing “Pivotal” Business Roles

Even though Africa’s tech hubs have grown to a new record of 643 across the continent, some 25% of them only provide coworking spaces, presenting an opportunity for greater growth, according to a new survey. The research by Briter Bridges and AfriLabs is some of the most detailed about the tech hub ecosystem, and explores how the hubs finance themselves, offer startups.  It found …

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Blusimba Launches Platform To Aid Digitization Of Businesses Operations

Covid-19 has become common terminology in all spheres of discussion across the globe. Its arrival has heralded a gradual shift to an online solution to almost all in-person activities. In a bid to aid this move to online living, Blusimba Technologies is also making strides in its area of expertise to help with this gradual shift. Blusimba Technologies is a …

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Bernard Arnault overtakes Jeff Bezos to become world’s richest person

Bernard Arnault, CEO and majority owner of French luxury group LVMH, has briefly surpassed Amazon founder Jeff Bezos to become the world’s richest person. As per Forbes, Arnault claimed the top spot with a net worth of $186.4 billion surpassing Bezos whose net worth stands at $186 billion. The French fashion tycoon has added over $47 billion to his net …

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The dazzling rise Of Ghanaian Business Mogul Dr. Kwaku Oteng

There are many successful business moguls in the country that have been able to reinvent themselves over the years. Dr. Kwaku Oteng comes to mind when such names are being mentioned. Dr. Kwaku Oteng has been able to establish himself as one of the leading men when it comes to business strategizing and execution. From a mere seller of herbal …

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Transforming the African insurance sector through digital innovations

Innovation through technology has been a major driver of transformation in financial sectors across the world. In the last couple of decades, technology has been transforming the African insurance industry albeit at a slower pace compared to other industries such as banking and retail.Within the insurance industry, the transformation has been prevalent, mainly in internal process automation to drive efficiencies …

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China’s Ant explores ways for Jack Ma to exit as Beijing piles pressure

Jack Ma

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with regulators’ thinking and two people with close ties to …

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Africa World Airlines seeks to take over the Ghanaian Skies

Africa World Airlines (AWA) is a privately owned airline incorporated on the 15th of November 2010 in Ghana. It commenced its first revenue flight on the 21st of September 2012. The airline has consistently seen growth in both frequencies of flights and route network making it profitable. This is a great achievement for an airline that has been operating for …

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Gambia Real Estate Mogul Mustapha Njie to build 1 million homes in Africa

Mustapha Njie is a Gambian real estate mogul, with over 30 years proven experience in real estate. He is the founder and CEO of TAF Africa Global, a pan African real estate company that has built homes across eight African countries with dominance in Nigeria and The Gambia. Growing up from a small and humble background, Njie Founded Taf Africa …

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Nigerian banks block MTN from banking channels

Nigerian banks have blocked MTN from their banking channels following a feud over fees charged for the service. MTN had reduced the banks’ commission from an average of 3.5 per cent to 2.5 per cent using USSD for banking services. The feud has left millions of subscribers unable to recharge their phones using the USSD services on MTN lines on …

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Ghana and Côte d’Ivoire to collaborate on Cocoa security

Ghana and Côte d’Ivoire have agreed to form a joint committee to find a lasting solution to security challenges faced by cocoa farmers along the southern parts of the shared border of the two countries.Ghanaian cocoa farmers who farm across the Tano river are often accosted by irregular Ivorian Para-military forces when they are ferrying their harvest inland. Cocoa farmers …

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