In today’s rapidly evolving business landscape, digital transformation is no longer a luxury but a necessity for organisations aiming to stay competitive and relevant. For African enterprises, the potential of digital transformation to unlock growth and innovation is immense. However, significant challenges—from ageing legacy systems to limited resources—often impede progress. All these challenges can, however, be overcome with the right partnerships.
On a continent where the lack of access to advanced medical technology contributes to millions of preventable deaths every year, the recent commissioning of South Africa’s first pay-per-use PET-CT scanner is significant.
Roha Medical Campus (RMC), a $130 million multispecialty hospital under construction in Addis Ababa, is breaking new ground as Ethiopia’s first healthcare facility to receive recognition under a sustainability program developed by the International Finance Corporation (IFC), part of the World Bank Group.
Before the global pandemic, a trend among investment managers toward outsourcing was already on the rise, driven by increasing investor and regulatory demands. Finding (and retaining) talent is a nearly unprecedented challenge, and even large firms are struggling to keep pace with the rapid advances in technology. In today’s fast-paced business environment, investment managers are constantly seeking ways to optimise their operations and focus on their core competencies. We’re all familiar with alternative funds outsourcing their fund accounting and administration, but this article focuses on the outsourcing of financial statements preparation to a third-party firm, that is not the fund administrator.
The Mauritius International Financial Centre (IFC) has emerged as a pivotal gateway for investment into Africa. As the continent's economic powerhouses continue to rise, with the African Development Bank projecting that Africa will account for eleven of the world’s twenty fastest-growing economies this year, Mauritius is strategically positioning itself to harness this growth, driving innovation and sophistication to the IFC through cutting-edge products including variable capital companies (VCC), virtual asset and initial token offering services (VAITOS), ESG and green bonds.
Bishop Godfrey Kariuki has been farming his family’s one-acre smallholding on the foothills of Mount Kenya all his life. It has been a struggle to earn enough to feed his wife and three daughters.
Globally, 69% of the top-performing funds have general partners who are women, and 65% of institutional investors consider gender diversity a key criterion when investing. Research by the International Finance Corporation found that gender-diverse fund management teams deliver an incremental 10-20% in net IRR returns compared to non-diverse teams. Women funders are also two times more likely to invest in start-ups with one woman founder, and three times more likely to invest in a woman CEO.
Data breaches are a chronic and growing menace for South African enterprises and consumers. Interconnected systems mean data breaches have become widespread threats, affecting millions. As businesses transition to digital platforms to improve efficiency and customer experience, Carey van Vlaanderen, CEO of ESET Southern Africa, says they inadvertently create more entry points for cybercriminals
Namibia, a nation renowned for its breath-taking scenery and abundant wildlife, is becoming more and more well-known for its booming oil and gas industry. Namibia is quickly rising to the top of Africa's oil and gas exploration and investment destinations because to notable discoveries and a favourable investment climate. Here are some reasons for investors to be interested in Namibia's developing economy and how business advice and strategic law might improve investment prospects.
History is dominated by the quest for energy and economic growth. The urge of civilizations to expand, increase their dominance and grow economically - all required energy to do so.
The pressing demand for digital adoption is driving an important shift in Africa's private equity market. In IQ-EQ’s latest state of digital adoption report, released in partnership with The Drawdown in May 2024, 30 c-suite professionals representing firms managing more than $1 billion in assets under management were surveyed.
-crop-c0-55__0-46-273x206.png)
