Browsing: African digital businesses

Africa dependency for supply of crucial needs like food must be changed through diversification of sources and investing in its own regional specialization for production of goods and services. Photo/UNCTAD

As countries and entire regions react to the global pandemic by seeking to strengthen their resilience, they will, on one hand, cut dependence on sourcing  or at least diversify their sources and on the other hand, improve their own responsiveness to demand.

That is where agriculture technology comes in, because what is bound to happen is shorter supply chains will emerge and Africa food security will be undermined.

The continent, while prioritizing transport infrastructure will do well by investing in human resource development and agriculture technology to diversify Africa food sources and Africa food security. The future is in automation, so if a country has the needed human resource it can invest in developing value chains tended by a more technical labour working its agriculture technology.

To build Africa food security, the huge population of Africa youth can offer great competition to the rest of the world if it is …

  • Since its inception in 2017, ZACU has made rapid strides toward being one of the most successful internet streaming service providers in East Africa
  • 19% of Rwandan households owned a TV in 2019, therefore the country’s 9.37 million mobile phone users make a considerably more viable business for digital content creators
  • Canal + already serves consumers in both Anglophone and Francophone West Africa, and it already has 23.7 million members all over the world

As part of its strategy to further consolidate its position in East Africa, the French company Canal+ Group has announced that it will be purchasing ZACU TV, Rwanda’s first digital streaming platform.

After recent forays into film production in West Africa, this current endeavor indicates that the French media behemoth recognizes the untapped potential of independent film production in Africa as an attraction for the growing on-demand viewership across the continent.

The decision to expand into …

  • New data now shows that over 40 per cent of Small and Medium Enterprises (SMEs) in Africa are earning more money than before the pandemic
  • Mastercard indicates that 46 per cent of SMEs in Africa, Eastern Europe, and the Middle East have surpassed pre-pandemic levels
  • Online business and international sales are key drivers, with seven in ten (71 per cent) recording above-global-average growth in online sales, while 77 per cent are planning to do more business internationally

Over 40 per cent of Small and Medium Enterprises (SMEs) in Africa are earning more money than before the pandemic.

New data by Mastercard indicates that 46 per cent of SMEs in Africa, Eastern Europe, and the Middle East have surpassed pre-pandemic levels.

According to the Borderless Payments Report, online business and international sales are key drivers, with seven in ten (71 per cent) recording above-global-average growth in online sales, while 77 per …