Africa Archives - Page 4 of 6 - Lanka Business News

January 28, 2022

Kola Karim, Shoreline Energy CEO and African Energy Chamber Advisory Board Member provides insight into how Africa’s producing nations can revitalize production JOHANNESBURG, South Africa, January 24, 2022/APO Group/ — Despite being blessed with abundant oil and gas resources, Africa’s production has been on the decline, representing a challenge for the […]

January 24, 2022

The GOS is one of the components of the Orange data center network in Africa PARIS, France, January 17, 2022/ — The GOS (Groupement Orange Services) is a resource-pooling entity for the 18 Orange Middle East and Africa (OMEA) subsidiaries (www.Orange.com), which provides pooled hosting and infrastructure operation services, service […]

January 21, 2022

DPO continues to trade strongly, with their revenue performance for the year representing an acquisition revenue multiple of less than 11x CAIRO, Egypt, January 20, 2022/ — Q4 revenue [1] up 30% y/y driven by spending recovery in the UAE; Continued strong growth at newly acquired DPO group […]

January 19, 2022

Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data LAGOS, Nigeria, January 17, 2022 — The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt […]

January 15, 2022

The fund is targeting high developmental impact, including job creation and income generation through SMEs and micro-entrepreneurship JOHANNESBURG, South Africa, January 14, 2022 | — Verdant Capital (www.Verdant-Cap.com) Hybrid Fund initially has USD 36 million of committed capital; Support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions; […]

January 14, 2022

JOHANNESBURG, South Africa, January 13, 2022/ — Today, Coca-Cola Africa (www.Coca-ColaCompany.com) Operating Unit (“AOU”) and its bottling partners announced the launch of JAMII, the new Africa-focused sustainability platform. The platform houses the Company’s existing and new sustainability initiatives. Through this signature platform, Coca-Cola hopes to attract like-minded partners to help accelerate on-the-ground impact of its initiatives. […]

January 11, 2022

Global spending on digital transformation is projected to reach $1.78 trillion in 2022 NAIROBI, Kenya, January 10, 2022 | By James Bayhack, Director: Sub-Saharan Africa at CM.com As 2021 comes to a close, many businesses are still responding to changes in the business environment brought on by the COVID-19 pandemic. The global crisis introduced the […]

January 5, 2022

It is projected that under the AfCFTA, extreme poverty will significantly decline across the continent JOHANNESBURG, South Africa, January 5, 2022/ — By Zion Adeoye, Managing Director For Centurion Law Group’s AfCFTA Desk Established in 2018, the African Continental Free Trade Area (AfCFTA), represents perhaps Africa’s biggest opportunity for the next few decades in its […]

January 5, 2022

The pandemic illuminated gaps in healthcare infrastructure across the continent LAGOS, Nigeria, January 4, 2022/ — By: Eyong Ebai – General Manager Sub-Saharan Africa, GE Healthcare Our purpose at GE Healthcare is to improve lives in moments that matter, and we do so by partnering to help deliver more sustainable and accessible precision healthcare. It […]

December 24, 2021

The fund has a mandate to plug the over $42 billion investment gap between male and female entrepreneurs as a means of catalysing the economic power of African women LUXEMBOURG, Luxembourg, December 15, 2021/ — Largest gender-inclusive private equity fund in Africa; 2X Flagship fund applying the 2X Challenge criteria; Boosting […]

Turning Africa’s Oil Production Decline Around

Orange and Engie Join Forces to Convert the GOS, Orange’s Main Data Center in Africa, to Solar Power, Helping to Reduce the Carbon Footprint in Côte d’Ivoire

Network International’s FY21 revenue ahead of market expectations; Continued strong growth at newly acquired DPO group in Africa

Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa

Verdant Capital and KfW establish new fund to support micro, small and medium-sized enterprises (MSME) growth in Africa

Coca-Cola Launches JAMII: its New Sustainability Platform in Africa

The tech trends of 2022: Innovations that will reshape business in Kenya in the future

Repositioning Africa under the AfCFTA

In 2021, Healthcare in Sub-Saharan Africa Accelerated like Never Before

EIB-supported gender lens investment fund Alitheia IDF announces final close at $100 million