By Edson Baraukwa | Africa Guardian As digital technology and analytics transform global industries, many large African companies in finance, telecom, insurance, and retail are investing in digital platforms to meet the evolving needs of today’s consumers. Modern consumers expect more than just products; they seek seamless, integrated solutions. This shift is rewarding companies that excel in digital consumer…
Our Correspondent | Africa Guardian Africa’s business landscape is undergoing a remarkable transformation fueled by technological innovations and shifting global economic dynamics. The continent’s increasing connectivity, highlighted by the emergence of digital payment solutions and passport by investment (PBI) programs, is reshaping business practices. These advancements not only enhance financial accessibility but also create new avenues for global entrepreneurs…
By Charles Muchoki | Africa Guardian There’s a $1 trillion-a-year economic sector in Africa where most workers remain invisible. African Development Bank Group President Akinwumi A. Adesina says, “Farmers are the folks you don’t see—banks, buyers, traders, and insurance companies don’t see them.” These smallholder farmers often live in remote areas, with limited access to markets and unreliable connectivity,…
By Charles Muchoki | Africa Guardian The International Finance Corporation (IFC) has extended new financing to three of Airtel Africa plc’s subsidiaries, aiming to enhance high-speed mobile connectivity for over 37 million users across sub-Saharan Africa. The $200 million loan from IFC will be used to expand and modernize Airtel Africa’s network infrastructure, with a significant focus on improving…
By Edson Baraukwa | Africa Guardian The African Development Bank (AfDB) has introduced Country Focus Reports (CFRs) aimed at enhancing policy dialogue on the macroeconomic performance and future prospects of individual African nations. These reports are designed to provide strategic guidance on mobilizing private sector investment and leveraging natural capital finance to support the continent’s climate resilience and green…
By Charles Muchoki | Africa Guardian Since the invention of the printing press, news agencies have grappled with finding sustainable revenue models. Deodatus Balile, president of the Eastern Africa Editors Society and managing editor of Jamhuri Media in Tanzania, highlighted at the recent INMA News Media Summit that the profitability of news media has always been tied to the…
By Our Correspondent | Africa Guardian As Africa steps into the digital era, the expansion of data centres (DCs) is pivotal to its technological progress. These centres are crucial for sustaining global commerce and connectivity, facilitating cloud services, e-commerce, and seamless communication. However, several obstacles hinder their growth, and addressing these challenges strategically is vital for accelerating Africa’s digital…
Blockchain Currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto, introduced the world to a decentralized form of currency As more aspects of our lives move online, the need for robust security measures becomes increasingly critical. Among the numerous innovations in digital security, Blockchain Currency stands out not only as a pioneer in the world of…
Higher data costs for ordinary citizens and low digital literacy are argued to be factors standing between Africa and the digital economy, excellency The continent internet economy can reach $180 billion by 2025, accounting for 5.2 per cent of Africa’s GDP Africa’s access to the internet stands at 40 per cent, according to Google With more than 1.3 billion…