Via Tech Safari, a look at Naspers, Africa’s most valuable company: This African company has a $90 billion dollar market cap. It’s not a mining company, or a bank. It’s Naspers – an internet and technology company from South Africa. But when Naspers started in 1915, it was a traditional media company. Today, Naspers’ wealth […]
Read more »Via The Africa Report, an article on news that South Africa and Saudi Arabia have struck $15bn worth of agreements: Saudi Arabia and South Africa have signed deals worth about $15bn during a state visit by President Cyril Ramaphosa. Details about the agreements between the two countries, which included Memorandums of Understanding, have remained under wraps. […]
Read more »Via Impact Alpha, a look at how Africa’s biggest bank is turning to fintech to extend lending to informal businesses: It may take the threat of a fintech disruption to get local commercial banks focused on lending for micro and small businesses in Africa and other emerging markets. Fintech startups and local fund managers have recently […]
Read more »Via Quartz, a report on how a platform of choice for game studios seeking users and monetization in Africa has received the backing of popular Silicon Valley investment firm Andreessen Horowitz (a16z), Google, and legendary American rapper Nas: A South African startup’s ambition to be the platform of choice for game studios seeking users and monetization […]
Read more »Via How We Made It In Africa, an article on the top ten (10) countries for African investment: The latest edition of Rand Merchant Bank’s Where to Invest in Africa report assesses each African economy’s investment potential, by overlaying macroeconomic fundamentals with the practicalities of doing business on the continent. “After nine years of publishing, we never […]
Read more »Courtesy of STRATFOR (subscription required), a look at the economic prospects of several southern African nations: Over the past year, new leaders have replaced long-entrenched presidents in South Africa, Zimbabwe and Angola. Each country’s political environment has evolved since the changing of the guard, bringing opportunities for the type of economic development that wouldn’t have […]
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