- Explainer: Why Kenyan Cabinet has extended oil deal with the Gulf
- Kenya’s President Ruto confident of US- AGOA renewal
- The ECOWAS Bank for Investment and Development wins the Africa Sustainability Award.
- Somalia, Ethiopia agree to squash tense port feud, Turkish leader says
- World Bank cuts Kenya’s 2024 economic growth to 4.7 percent
- African Development Bank Leads $1.2 Billion Financing Syndication for Tanzania’s Standard Gauge Railway Project
- Kenya Railways has defaulted on a $1.3 billion loan from China Exim Bank
- Africa50 announces USD15 million investment in Raya Data Center to support expansion plans, boosting Egypt’s digital economy
Author: Rudy Casbi
All the economic reports and the truths on the ground point in the same direction. The African diaspora, across the world, invests massively in businesses on the continent, particularly in Tech. Abdelkader Yousfi is a fine example of this new vision of African communities, especially in Algeria. The Algerian diaspora around the world is mobilizing to give a boost to the local startup ecosystem. SprintHub, founded by Algiers-based Abdelkader Yousfi and three other co-founders, embarked on a hell of a challenge: to identify Algerian tech talent and offer them a structure allowing them to accelerate and not just incubate. “We…
A year ago, a collective of 100 African intellectual leaders published a public letter addressed to the authorities of the continent. A year later, they decided to form the Collective for African Renewal (CORA) under the leadership of political scientist Amy Niang, lawyer Lionel Zevounou and economist Ndongo Samba Sylla. The leaders and the driving forces of the continent are invited to join this initiative which aims to build a post-Covid Africa with paradigms different from those which have been under way so far. Africa lives and thinks through its intellectuals who redefine the new contours of a pan-Africanist renewal.…
In Nigeria, successful startups keep wowing the global tech ecosystem. Fundraising continues at a breakneck pace. And another should run a lot of ink. Curacel, co-founded by Henry Mascot, is tackling a promising sector: the insurance industry. Artificial Intelligence is needed in all sectors? How can this new technology offer additional added value? Henry Mascot: Artificial Intelligence is our core business. And it allows insurers to automate claims in a transparent manner and prevent the waste, fraud and other abuse faced by our partners in Africa, who have saved us over $ 300,000. We optimize the processing of health insurance…
The African diasporas in Switzerland are very committed to the emergence of the continent. It is in this perspective that the International Exhibition of African Entrepreneurship is taking place within the Swiss Confederation from November 16 to 20, 2020. The growing interest in the continent and its potential is not waning. And Africans in Switzerland are mobilizing to attract Swiss companies to the continent. While the Swiss Confederation has around 110,000 nationals from the continent, Switzerland is no less influential in some states. Like the Ivory Coast, where it was, according to the Ivorian authorities, the third country in terms…
Young African companies continue to have the wind in their sails. 136 entrepreneurs have been supported over the past 36 months by DiafrikInvest. But beyond the issue of support, it is a whole lasting network that must be built on both sides of the Mediterranean. An international acceleration program is never easy to set up because you have to educate both entrepreneurs and investors. “50 funders were connected to the investment projects,” said Emmanuel Noutary, general delegate within the Anima investment network. And with nearly one million euros in investment pledges, the DiafrikInvest project has mobilized skills and developed productive…
The country of the Goethe family is establishing itself as a leading investor on the African continent. But there is still a long way to go to profoundly change the perception of Germans on the African continent. With the Akwaaba exhibition in Hamburg, the Melbye-Konan Gallery is using art to promote Africa and its so-called French-speaking part in the eyes of the Germans with some success. Stella Melbye-Konan gives us her vision of the relationship between Germany and the African continent. How is the gallery a cultural and economic bridge between Germany and the African continent? Our ambition is to…
As companies struggle to recover from the Coronavirus, African companies are showing resilience and preparing for what promises to be a difficult recovery. No sector is immune to the trend, including the insurance industry. However, Nicolas Fakhry, founder of AssurLand Africa Ltd, intends to continue his expansion across the continent, beyond the WAEMU zone where it all began for him. “Mali was the starting point of our growth strategy,” says Nicolas Fakhry, CEO of AssurLand Africa Ltd. This insurance company, created 14 years ago, is now present in several African countries because “Bamako is no longer the city in which…
Coming from the continent, this would not be surprising if Bakary Kamara becomes the pride of Africa. This has already started with the amazing digital solution he has just developed to help footballers even more. These are connected shin guards that his native Mauritania is passionate about, as is France, the country where he grew up. Back to a crazy project that intends to create data from the movements and movements of players on the field. All started almost 20 years ago when Bakary Camara, a Mauritanian by birth, living in Rouen, was watching a football match. He soon realised…
The economic prospects will be less good this year on the continent because of COVID-19. This can be explained by the capacity for innovation of the startups which fluidify business. Legafrik, founded by Youssouf Ballo, is sailing on a positive current. And the whole of West Africa could soon be conquered by its services. Paying half the price for a legal act delivered in half the time in Burkina Faso. Impossible a few years ago and an entrepreneur decided to turn the unattainable into an assured possibility. It must be said that the offers do not leave a private sector…
Nigeria has become an attractive country for entrepreneurship in Africa. This African giant is transforming itself into a continental-scale receptacle, attracting patrons from all over the world. With One Million African Leaders, Lawrence Afere and his team hope to make a lasting impact on the continental entrepreneurial landscape. Why did you create the project of ” One million african leaders”? Africa has the youngest population of any continent on Earth, with an amazing amount of entrepreneurial energy and hope for the future. Business opportunities abound across the continent, but they will have to be explored in sustainable away and, hopefully,…
The market for visual communication is growing on the continent. In the West African sub-region, Tiwara Communication is laying the stones of a seemingly limitless building. And the sector’s growth prospects are promising. This is one of those entrepreneurs that SMEs are counting on to develop their brand image. The founder of Tiwara Communication, is never short of initiatives to boost the image of companies. “Tiwara attaches particular importance to each of its clients. From graphic identity to the deployment of a unique strategy specific to each company, we are committed to making you a must-have in your target markets,”…
Dates syrup and dates Powder are making wave in Nigeria, in the Sub African region and in some parts of Europe. The brain behind Dates Nature Support Nutrients Ltd. Dr Sulayman Ibrahim says Dates nature is a company to watch out for in the future. He spoke to us. Sir, reports reaching us say Nigerian-based health-supporting processed dates have been appraised as the best in sub-Saharan Africa by the French government. Do you confirm this? Sulayman Ibrahim : Oh yes ! It is absolutely true. Let me state here that Dates Nature Support Nutrients Ltd , makers of dates…
Founded by Fabrice Koffi, The Keiwa company has one mission: to change the face of the informal sector by simplifying small businesses accounting. Its success is indisputable. However, the entrepreneurial spirit of Keiwa was not built in a day. Despite an initial failure,the Founder did not hesitate to bounce back. How do you build your success? We support the financial inclusion of African merchants. Our values are creativity, team spirit and leadership. We want to make things change. This requires the courage to dare, the innovation to change paradigms. Keiwa achieves its mission by providing simplified accounting for institutions and…
On the continent, startups are streightening their services to defeat COVID 19. Among them, REMA intends to facilitate the work of doctors and health authorities in Africa. Launched in 2017, REMA is a mobile application for remote medical collaboration and continuous medical éducation dedicated to doctors practicing in Africa. Its main mission is to connect doctors in Africa through its mobile platform to exchange and collaborate in real time on patients cases in order to make appropriate medical decisions. All data is confidential, secure and strictly professional. “REMA provides physicians a permanent decision support based on collective intelligence. Our strength…
The insurance sector is changing rapidly on the African continent. Solutions abound to make insurance underwriting accessible to disadvantaged social classes. After the automobile, Baloon continues its march forward on the continent. Ousmane Gueye- WIP-New Africa. Persuaded that the use of digital technology can make the lives of millions of Africans safer by offering them the opportunity to simply make sure, Baloon slowly digs its furrow in Africa. After the successful launch of its automotive branch, the digital insurance broker for all is on the hour of health. Convinced that it remains a major issue in country of the continent,…
Digital technology has become unavoidable for service companies. And Ivory Coast is full of talent in this sector that can meet the expectations of companies like Kidou Ouattara, founder of WebPro CI. Rudy Casbi Côte d’Ivoire is becoming a breeding ground for many companies specializing in web marketing and SEO. This trend can be explained by the increased digitization of Ivorian and Pan-African civil and economic societies more generally. Kidou Ouattara, founder of WebPro CI specializing in digital marketing describes the impact that the rise of digital has created with Ivorian companies. “When we started in 2016, companies were not…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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