Madagascar’s mobile money boom Published by Olivier Monnier on 18 February 2023 Over a third of the population in Madagascar is now able to use mobile money for everything from paying bills to person-to-person transfers, to even saving or getting a loan.
Africa set to double its natural gas market share by 2050 Published by Bonface Orucho on 14 February 2023 According to a report by the Gas Exporting Countries Forum (GECF), Africa’s global gas market share is projected to rise from 6% in 2021 to over 11% by 2050.
Unpacking the formal retail industry in Kenya and beyond Published by Terser Adamu on 6 February 2023 In Episode #55 of the Unlocking Africa podcast, Terser Adamu talks to Wambui Mbarire, CEO of the Retail Trade Association of Kenya.
African gaming startups draw big investment deals Published by Conrad Onyango on 1 February 2023 With African mobile gamers growing from an estimated 77 million in 2015 to 186 million in 2022, gaming startups across the continent are pulling in multimillion-dollar investments.
From battery metals to avocados: Zambia attracts investor interest Published by Seth Onyango on 30 January 2023 Foreign direct investment into Zambia soared 158% in 2022 to US$8.5 billion, highlighting changing investor sentiment towards the country.
Three trends shaping Africa’s informal retail sector Published by Tridiv Vasavada on 25 January 2023 It is estimated that in Africa, over 70% of food, beverage, and personal care products are sold through informal channels such as open-air markets, kiosks and table-top sellers.
African countries tap into global gas demand with new floating terminals Published by Conrad Onyango on 24 January 2023 As Europe looks to new sources of gas, African countries are finding cheaper and faster alternatives to monetise and export its vast gas reserves.
Elon Musk’s Starlink could fuel competition for internet customers in Africa Published by Conrad Onyango on 20 January 2023 Elon Musk’s Starlink debut in Africa is sparking a battle for underserved customers in an already competitive internet market.
Africa’s push for electric vehicles Published by Conrad Onyango on 11 January 2023 A number of African governments are introducing tax cuts and other incentives to boost the e-mobility industry and drive the demand for eco-friendly vehicles.
Dakar establishing itself as a global destination for the creative industries Published by bird story agency on 9 January 2023 Dakar’s fashion, art, and heritage scenes have attracted attention from both domestic and international brands.
VC in Africa: From growth to profits in a changing investment landscape Published by Jaco Maritz on 4 January 2023 Investors now require clear visibility on when a start-up will break even and be profitable.
African visa policies: Ranking the most and least restrictive countries Published by Jaco Maritz on 28 December 2022 African travel has become more open to citizens of the continent in 2022.
Young Zimbabweans choosing farming over corporate jobs Published by Walter Marwizi on 22 December 2022 Young, savvy university graduates are choosing farming over white-collar jobs as Zimbabwe seeks a return to its breadbasket status.
African fintech rises to the challenge Published by International Finance Corporation on 8 December 2022 In the years to come fintech will likely become even more integral to African economies as businesses and customers alike recognise the long-term benefits of digital transactions.
