The Waiting Game Network defies African digital payments drop with DPO purchase Payment solutions provider Network International’s purchase of African online commerce platform DPO Group, opens the prospect of faster growth ... for both businesses, says Andrew Key, Network International managing director for Africa.
CHANGING COMMERCE Amina Mohamed: ‘The WTO needs to be reformed, it’s credibility is at stake’ A former foreign minister and a veteran of the UN system, Kenya’s Amina Mohamed says she has practical knowledge of the beleaguered World ... Trade Organization and the political world in which it must operate.
Culture Reset Kenyans hit the spirits as COVID-19 changes drinking habits Kenya’s drinking culture is being redefined due to the COVID-19 pandemic, East African Breweries Chief Financial Officer Risper Ohaga tells ... The Africa Report.
people pressure The top 50 African disruptors (26-30) The Africa Report’s inaugural ranking of the top Africans who are disrupting the status quo in politics, business and the arts: from investigative ... journalists to world-class athletes and Nobel Peace Prize winners. Article 5/10 of "The top 50 African disruptors"
CHANGING TACK Uganda/Kenya: Women traders hit hard by ‘COVID-19 nationalism’ East African Community women traders have been the worst-affected by border closures, with trade declining by more than 50%. ...
hang up Kenya: Airtel-Telkom merger collapses after Treasury pulls plug A merger process that would have seen Airtel and Telkom, Kenya’s second and third largest telecoms companies respectively, merge into a single ... company collapsed this August due to delays in the approval process, the companies said in separate statements.
Solar strength AIIM bets on solar power growth with further investment in Bboxx African Infrastructure Investment Managers (AIIM) plans to invest more money into clean-energy utility platform Bboxx to fund the company’s ... growth, AIIM chief investment officer Romain Py tells The Africa Report.
Who to write off? Avoiding Total disaster in Africa On 30 July, oil giant Total wrote off $8bn of its fossil fuel reserves, admitting they were stranded assets that would never be used due to weak ... oil demand and the impact these assets would have on the climate.
Digital acceleration Kenya’s M-Pesa sees consumer, business services opportunities in COVID-19 M-Pesa is planning a consumer “lifestyle” offering as it seeks to deepen clients’ use of its mobile-money application, Sitoyo Lopokoiyit, ... interim CEO of M-Pesa Africa, tells The Africa Report.
Chain Reaction Kenya: Twiga Foods seeks funding to expand in East African market Kenyan food distribution company Twiga Foods plans to seek new funding within the next 18 months as it shifts its planned West Africa expansion ... to markets closer to home, CEO Peter Njonjo tells The Africa Report.
