By Mukesh Bector As the world faces the mounting impacts of climate change, the need for renewable energy has never been more urgent. Governments, corporations, and societies are racing to reduce their carbon footprints, improve energy security, and foster economic resilience through renewable energy. The global transition to renewable energy is essential to combat climate change and reduce carbon emissions. However, this transition faces significant challenges, particularly in regions with limited renewable energy infrastructure and difficult geographic conditions. Manufacturers, who are often large energy consumers, bear the brunt of this challenge. They not only face the pressure to meet sustainability…
Author: Brand Spot
Brand Spot
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HFM is an internationally renowned online Forex and CFD broker that meets the needs of both beginner and seasoned traders with its extensive suite of trading products. As a prominent player in the financial markets, HFM offers a solid platform for trading backed by first-rate tools that improve the trading process. The main advantages and characteristics of trading with HFM are listed below. 1. Diverse Range of Trading Instruments HFM offers access to a wide variety of financial instruments across several markets, including Forex, commodities, indices, shares, bonds, and cryptocurrencies. This diversity allows traders to build a balanced and diversified…
Kazang has launched its Kazang Pay card acceptance solution for merchants in Zambia. Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services. The Kazang Pay enabled terminal in Zambia accepts VISA debit and credit cards as well as mobile wallet payments. Payments are settled to the merchant’s Kazang wallet on the same day. It’s as easy as letting the customer tap or insert their bank card and enter their PIN on the secure scramble PIN pad. Kazang operates around 12,000 VAS terminals in Zambia. The…
By Yande Nomvete, Operations Manager for Binance In recent months, Ghana has been on a gradual, but steady, path to economic recovery. It’s a positive trend that has citizens looking forward to a more stable and prosperous future. After years of economic turmoil that culminated in inflation levels of over 50% in 2022, the government secured a US$3 billion investment from the International Monetary Fund (IMF) to stabilise the country’s finances. Less than two years later, the outlook for the country is much more optimistic, with the IMF having revised Ghana’s 2024 growth forecast upward from 2.8% to 3.1%. Increases in foreign…
By Somesh Adukia, Managing Director, Canon Central and North Africa If they’re not already, sustainability and ESG (Environmental, Social and Governance) should be top of mind for any organisation that produces products that can impact our planet. Along with the technology that will drive their successful implementation, they’ve transitioned from ‘nice-to-haves’ to fundamental business imperatives. Fortunately, the world’s business leaders have recognised this fact, with PwC reporting that 76% of global CEOs have either implemented or completed steps to improve energy efficiency, with over half saying they’re innovating new, sustainable products, services, or technologies. Quocirca also recently revealed 85% of…
Absa Bank Kenya has renewed its commitment to the evolving needs of modern-day customers, while reaffirming its focus on the affluent segment with an expanded, differentiated offering. The reorganised affluent offering is a key component of Absa Bank’s refreshed consumer banking business, which has transitioned from product-driven to a customer segments-led division driven by customer insights. The inclusive approach ensures that every customer, regardless of financial status, finds value in Absa’s offerings. As part of this, consumer banking is now classified into three segments: The NextGen consumer, Mass & Middle market consumer, and the Affluent Consumer. Speaking about the enhanced…
Epson has set up a new sales company to serve the Middle East, Turkey, Africa, and Central & West Asia (META-CWA) region. With its headquarters in Dubai, UAE, the new regional operations will be spearheaded by Epson, META-CWA, President Neil Colquhoun with the aim of reimagining the ways in which technology can be used by consumers and businesses across the region. Epson, META-CWA, President Neil Colquhoun says the region holds great promise, inspired by the immense growth within META-CWA in recent years. With more than a decade’s experience within the company, Epson, META-CWA, President Neil will be leading diverse personnel…
NCBA has acquired two hybrid electric vehicles (HEVs) from CFAO Mobility Kenya, furthering its commitment to environmental responsibility under its “Change the Story” initiative. This transition represents NCBA’s leadership in green innovation and its continued effort to foster a sustainable future for its organisation and the communities it serves. These vehicles combine the functionality of an electric motor and a gasoline engine, ensuring optimised performance while reducing environmental impact. Read: NCBA’s #ChangeTheStory Initiative Seeks to Boost EV Adoption and Address Other Key Environmental Issues “We are excited to take this significant step towards achieving our sustainability goals. Our commitment to…
An average of 2 960 attacks. This is the number of cyberattacks that the average organisation in Africa is subjected to – every week! It’s a staggering number – and it’s growing rapidly every year. This year’s number was up 37% from the year before, according to Checkpoint Research. Not only is Africa suffering thousands of cyberattacks, it is also the region with the highest weekly average on earth. The global average is 1 636 attacks per week. Cyberattacks are now part and parcel of the business landscape – and Africa is a major target. Given the sheer scale of…
The UK and PricewaterhouseCoopers (PwC), through the UK-Kenya Tech Hub, today launched a digital toolkit aimed at helping entrepreneurs access markets in the Kenyan, Nigerian, and South African markets. The toolkit was developed following a study that was aimed at understanding the practical requirements for startups to enter the three markets. Key areas of focus in the toolkit is in the agriculture, education, financial services, health, and manufacturing sectors. The digital toolkit contains outputs, tools, and guides that will be useful for entrepreneurs looking to enter each of, the above countries and markets. The toolkit has been validated through a…