All about Business.
By deploying a progressive and accelerated modernisation strategy, African financial institutions can fast-track their digital transformation to gain market share from mobile money operators, as well as deliver the level of customer experience needed to fend off neobank competitors. Africa’s financial services landscape has undergone seismic change over the past few decades, supported by an…
In the race to build software products that matter, African tech teams are increasingly embracing agile methodologies. Not just because they’re fashionable, but because they work. At the core of this movement is Scrum—a powerful, lightweight framework enabling high-performing teams to deliver value faster, adapt quickly, and build with greater focus. As startups across the…
Customer expectations are evolving fast, and data-driven customer insights are critical to stay one step ahead in the marketplace. According to McKinsey, companies leveraging customer behavioral insights outperform peers by 85% in sales growth and more than 25% in gross margin. In today’s hyper-competitive business environment, understanding your customers isn’t just beneficial but essential. Customers’ data…
When the economy shifts, small businesses often feel the impact first. It’s one thing to hear about economic slowdowns on the news; it’s another to experience late payments from clients or a sudden drop in customer engagement. Running a business is challenging enough—even more so in uncertain economic times. Rather than panic, the key is…
Quantum computing and related technologies like quantum AI are regarded as the next big wave after AI. A global survey of 500 business leaders across industries found that interest in quantum is very high, with more than 60% of respondents indicating they are actively investing or exploring opportunities in quantum AI. Yet these business leaders also cited…
Africa’s first AfCFTA Digital Trade Protocol Hackathon was held in Nigeria, bringing together trade experts, researchers, and tech innovators to develop workable solutions for trade impediments that impact small enterprises and the unorganized sector. Taking place in Lagos as part of the 2025 Science of Trade (SOT) Conference, the event centered on leveraging innovation to…
Not long ago, cash was dominant in Africa, but digital payments are now rapidly gaining traction. From Lagos to Kenya and the US, businesses are recognising that embracing digital methods is essential for growth. A Mastercard-commissioned report forecasts Africa’s digital payments market will reach $1.5 trillion by 2030, fueled by increased mobile phone usage and…
Fashion designers can now access fully furnished offices for just N300 per day thanks to a low-cost initiative established by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in a daring attempt to promote Nigeria’s expanding creative industry. The initiative, which is presently operating in the agency’s headquarters in Abuja, addresses two of…
As enterprises across Africa continue to adopt Unified Communications as a Service (UCaaS) and Software as a Service (SaaS) solutions to support their geographically dispersed operations, the complexity of maintaining these critical tools at remote site locations has escalated. This poses significant challenges for IT teams tasked with ensuring optimal performance and security of systems…
The seventh edition of Africa’s Business Heroes, which gives winning businesses a total of US$1.5 million, is now accepting applications. The Jack Ma Foundation and Alibaba Philanthropy support the ABH competition, a charitable initiative that honors and elevates African entrepreneurs. Since 2019, ABH has given ten worthy entrepreneurs grants totaling US$1.5 million year. In addition,…
Micro, Small and Medium-sized Enterprises(SMBs) are the backbone of most economies accounting for 90% of businesses, over 70% of employment, and 50% of global GDP, according to the United Nations. They drive growth, innovation, and job creation worldwide. In Nigeria, they play a crucial role in stimulating local economies and contributing to the country’s GDP. Recognising…
In today’s digital age, the rules of business have changed dramatically. For every business, the competition is no longer the shop next door but a global marketplace driven by digital disruptions. The digital era has transformed the way businesses operate, offering immense opportunities. The once-insurmountable barriers to entry have crumbled, allowing businesses to reach customers…
Many small businesses jump into digital marketing expecting instant results, only to be frustrated when their efforts don’t lead to sales. The truth is, digital marketing works—but only when done right. If you’re not seeing results, you’re likely making one of these mistakes: Some Common Reasons Digital Marketing Fails No Clear Strategy Many businesses run…
Moniepoint Inc has sealed a strategic deal with AfriGoPay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS), to drive tap-to-pay solutions and accelerating the adoption of AfriGO Card, Nigeria’s National Domestic Card Scheme nationwide. Industry watchers believe the partnership is a significant move to further enhance the availability of digital payment services to…
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has been positioned in the Leaders Category in the IDC MarketScape: Worldwide Manufacturing Execution Systems 2024 -2025 Vendor Assessment. According to the IDC MarketScape report: “AVEVA’s composable and model-driven MES combines the power of a business process management workflow engine with the standard…
Opportunities abound in the African digital financial services industry. However, according to Juan Seco, chief growth officer at African fintech business Mukuru, this does not imply that fintechs can just appear and expand. In a variety of markets, new and established fintech companies coexist. While next-generation financial services firms are innovating and venturing into the…
Keyword research is the foundation of a successful SEO strategy. It helps you understand the exact words and phrases your potential customers use to find businesses like yours. By targeting the right keywords, you can create content that directly addresses their needs and increases your chances of being discovered online. Why Keyword Research Matters Search…
America’s Cultivation Corridor and the World Food Prize Foundation are pleased to introduce the Innovate for Impact Challenge, a ground-breaking program aimed at boosting agricultural technology (AgTech) innovation. In order to address the pressing issues of global food security and sustainability, this challenge aims to find and assist tech-driven, early-stage enterprises with game-changing ideas. The…
X Money was announced on Tuesday by Elon Musk’s X, the microblogging network that was once called Twitter. The new digital wallet and payments service will allow users to send and receive money through a peer-to-peer (P2P) mechanism. Users will be able to transfer money from their bank account to a digital wallet, which they…
Visa, a world leader in digital payments, has invested in Nigeria’s Moniepoint, a platform for commercial payments and banking services. Tosin Eniolorunda and Felix Ike founded Moniepoint, formerly known as TeamApt, in 2015. It is a comprehensive financial ecosystem that provides 10 million consumers and organizations with easy access to banking, credit, payments, and company…
A ground-breaking program, the Young Africa Enterprise Project (YAEP) aims to empower young African business owners and spur economic expansion throughout the continent. YAEP was created by Stars-Like-Us Europe and the African Network of Youth Policy Experts (AFRINYPE) with the goal of maximizing the potential of young entrepreneurs in Africa by giving them the resources,…
The New Year has dawned and with artificial intelligence (AI) still dominating chatter about the future, the data and analytics landscape is poised for more transformative growth. Experts from PBT Group highlight several of the data and technology trends that they expect will define the year ahead. “Even though it may seem an oversimplification, the…
By 2025, 10,000 African entrepreneurs will have been identified, trained, mentored, and funded under the 10-year, US$100 million program, which is administered by the Tony Elumelu Foundation (TEF). The successful applicants will get US$5,000 in seed money to validate the idea, access to a top-notch mentor, 12 weeks of rigorous online training, and future financing…
The Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, has underscored the importance of building sustainable digital infrastructure to fuel Africa’s economic transformation. Presenting a paper titled: Building Digital Infrastructure for a Sustainable Digital Economy at the 2024 edition of Africa Tech Alliance Forum (AfriTECH 4.0) held recently in Lagos, Prof. Adeyanju noted…
AfriLabs and the African Union (AU) have chosen 19 innovators from over the continent to participate in the second iteration of the AU Digital and Innovation Fellowship Program, which aims to use innovation and technology to promote socioeconomic development throughout the continent. The goal of the ground-breaking 12-month AU Digital and Innovation Fellowship Program is…
For small businesses , digital marketing is an effective, budget-friendly approach to reach new customers and build brand recognition. With a smart, strategic approach, you can take advantage of digital channels to grow your business without overspending. Here’s how to leverage low-cost digital marketing strategies to make a big impact. 1. Utilize Social Media for…
Reaching your target audience efficiently is crucial for your business success in this digital age. Paid advertising strategies or PPC campaigns, such as Google AdWords and Facebook Ads, offers a direct and effective way to connect with potential customers and drive traffic to your website. However, the key to maximizing this investment lies in using…
When it comes to online marketing, success isn’t just about launching campaigns—it’s about consistently measuring and analyzing the performance of those campaigns. This allows you to understand what’s working, what’s not, and how you can optimize your strategies for even better results. In this guide, we’ll walk you through the key practices for measuring and…
Millions of people trust financial institutions to help them manage their money, grow their investments, and protect their data. A study by Edelman Trust Barometer in 2024 has proven that trust in financial institutions has reached a new high point in most countries across Africa. Globally, local banks are said to be one of the…
A dynamic affiliate network and the company’s newest offering, Showlove, which allows creators to get tips straight from their fans, are just two of the features that make Nigerian startup Selar a revolutionary e-commerce shop builder that empowers creators to promote and sell their digital items. Douglas Kendyson founded Selar in 2016 while he was…