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African business

USA increases African trade

USA increases African trade  The U.S. Government’s Prosper Africa Deal Book demonstrates that the United States is catalysing significant progress in trade and investment in Africa, citing the successful closure of 547 new deals totaling an estimated value of USD14.2-billion in two-way trade and investment between the United States and African countries.  The new figures …

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To understand Africa better, spend time on the ground

To understand Africa better, spend time on the ground When you want to expand your company’s footprint into Africa, or you are interested in investing in Africa, there is only one way to get all the relevant information: spend time on the ground. By Leon Louw owner of WhyAfrica and editor of the WhyAfrica magazine.    …

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Does African private equity need more debt financing?

Does African private equity need more debt financing?  In some respects, there’s never been a better time to be an African business looking for investment than in the last couple of years. By Bryan Turner In the high-growth technology sector African startups raised a record US$5.4 billion in venture capital funding in 2022. Last year …

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Africa is rich with women entrepreneurs so why aren’t they getting funded?

Africa is rich with women entrepreneurs, so why aren’t they getting funded?  Although Africa has the highest proportion of women entrepreneurs in the world, African women still draw the short straw when it comes to funding. By Jessica Blake, Associate, Spear Capital Africa is rich with women entrepreneurs. In fact, the continent has the highest …

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WhyAfrica: Bigger and better in 2023

WhyAfrica: Bigger and better in 2023 Today you are reading the 60th issue of WhyAfrica’s bi-weekly newsletter! By Leon Louw, owner and editor of WhyAfrica   Being the last edition of our popular and exclusive newsletter for 2022, we would like to take this opportunity to thank each person and company that have supported us …

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Strategy and will key to uplift Africa’s communities

Strategy and will key to uplift Africa’s communities With a fresh burst of growth in Africa’s business sector, there has never been a better time to produce innovative solutions to offer effective social impact solutions for millions of African citizens.  By Yinka Sanni As we marked Africa Day yesterday, and amidst the rebuilding of the …

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Africa could fill the energy gap

Africa could fill the energy gap Russia’s invasion of Ukraine has put a spotlight on Africa’s energy landscape, which has traditionally been hamstrung by a lack of domestic refining capacity, coupled with power shortages. By Arun Velusami With an estimated 10% of crude oil globally supplied by Russia, developing economies, such as those in Africa, …

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Africa is ripe for investment says Obermeyer

Africa is ripe for investment says Obermeyer There is no question that Africa offers numerous investment opportunities. Despite negative perceptions, Africa, and South Africa, especially, is ripe for investment. Although South Africa had to overcome a number of challenges over the past year or two, there is no doubt that the country remains an attractive …

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