Africa Matters

Africa’s Tech Growth Hinges on Strengthening Local Capital Markets

Our Correspondent | Africa Guardian In an exclusive interview with Business Insider Africa, Satoshi Shinada, Co-founder and Director of Kepple Africa Ventures Inc., delves into Africa’s venture capital landscape, comparing it with other regions and outlining his investment philosophy for African startups. Challenges in Africa’s Venture Capital Landscape Africa’s venture capital scene has faced turbulence in recent years. In…

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Africa: A Key Destination for Global Energy Transition Investment – AfDB’s Adesina

Elizabeth Antidius Shumbusho | Africa Guardian Africa is emerging as a prime investment destination for the global energy transition, driven by its abundant reserves of critical minerals, according to Akinwumi Adesina, President of the African Development Bank (AfDB) Group. Speaking at the Africa Investment Forum (AIF) Market Days on December 4 in Rabat, Morocco, Adesina highlighted the continent’s pivotal…

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Policy Adjustments Needed for Sustainable EV Growth in Africa

Electric Vehicles in Africa: Steps for Growing the Sector By Edson Baraukwa | Africa Guardian Electric vehicles (EVs) hold the potential to address critical challenges in Africa, yet adoption in the region remains slow. In sub-Saharan Africa, pollution from vehicle emissions contributes to severe health issues, developmental problems, and premature deaths. Vehicle emissions also drive global warming. While EVs…

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Unlocking Africa’s Potential: The Critical Role of Food Processing in Securing a Prosperous Future

By Edson Baraukwa | Africa Guardian Africa is a continent rich in diverse and resilient crops, ranging from millet, teff, and sorghum to cassava, cowpea, and sweet potato. These crops have the potential to produce a variety of products—from baby food to bread and even beer. However, the continent’s underdeveloped food processing sector is a major barrier to fully…

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Global Energy as a Service (EaaS) Market to Reach $72.62 Billion by 2023, Fueled by Increasing Renewable Energy Adoption

The global energy as a service (EaaS) market is poised for remarkable growth, with a projected valuation of US$72.62 billion by 2023, representing a robust compound annual growth rate (CAGR) of 8.95% during the forecast period. Energy as a service (EaaS) is a transformative solution that promotes the adoption of advanced, low-carbon technologies. Under this business model, customers can…

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Why technology integration matters in business growth

Many small business proprietors cannot afford traditional storefronts and thus conduct their operations predominantly through their mobile phones Dar es Salaam. The digital era has ushered in transformative changes across various sectors, including the realm of business. In contrast to the business landscape of the analogue era, where entrepreneurs prioritised the strategic selection of physical business locations to attract…

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Over 60% of technology professionals globally believe that sustainability is a crucial business priority

According to an IDC InfoBrief, sponsored by Cisco Dubai, United Arab Emirates — As organizations worldwide focus on operationalizing their ESG plans, Cisco and IDC launched a new study, titled “The Role of Technology in Enabling Sustainability: A Global Survey of IT Professionals”. The survey, which sought to better understand the technology trends and best practices that impact sustainability success,…

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Aquaculture Therapeutics Market is likely to advance at 9.9% CAGR 2022 to 2032 | FMI

The global aquaculture therapeutics market is expected to reach $4190.3 million by 2032, up from $1634.8 million in 2022, at a 9.9% CAGR during the forecast period. The growing need for effective aquaculture treatment is expected to drive up demand for aquaculture therapeutics. Furthermore, the rising prevalence of bacterial illnesses among aquaculture species drives the aquaculture therapeutics market growth. Aquaculture Therapeutics…

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Tanzania’s Agriculture Sector to Take Center Stage at Upcoming AGRF Food Systems Forum

*50 Potential Outcomes  for Tanzania The AGRF Food Systems Forum will take place in Tanzania in 2023. John Muchoki and John Beda will examine the potential outcomes of the Summit on agriculture in Tanzania, building on the efforts made by various stakeholders to improve the sector. The Summit seeks to advance the progress of the Malabo Declaration and prioritize…

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Tanzania: Nine MFIs to lead in reducing the financing gaps in the supply, delivery, and distribution for the water and sanitation service

TAMFI:  Nine microfinance institutions commit to affordable lending for water and sanitation  Dar es Salaam, 25, July 2022 Tanzania Association of Microfinance Institutions (TAMFI) and Water.org have signed a Memorandum of Understanding with nine financial institutions which have committed to start offering credit services for water supply and sanitation services in an initiative known as Water Credit Adoption Program…

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Why smartphones are key to unlocking financial inclusion in Middle East and Africa

Mobile money services are connecting millions of unbanked and underbanked populations in the region to digital financial services The railways were to Europe what the smartphone is now to the Middle East and Africa (MEA). In the nineteenth and twentieth centuries, Europe experienced an economic and social revolution enabled by the ability of manufactured goods and people to travel…

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