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Strategy

How Digital Partnerships Can Enable Business Development

Gone are the days when small businesses need to sell their products to just the people who live or work in the immediate vicinity.  Digital platforms and partnerships are now empowering micro-companies to extend their offerings, opening new doors for business growth and development.  As more sectors are evolving and transforming, organisations are discovering how partnering with digital platforms and service providers can help them reach wider markets, provide better services, streamline operations, and access insights that were previously reserved for large enterprises.  Read also: Private Equity Firm B Investment Sells Its 20% Stake Of Total Egypt To Total Outre-Mer While the global business landscape has been unpredictable, 2021...

Why Are Investors Rushing After North Africa’s Fashion Startups?

No region of Africa has seen as much investment in its fashion e-shops as North Africa, and particularly Egypt. In 2020 alone, about seven major deals were closed on fashion startups in the region, at least six of them in Egypt. This trend is uncommon in the startup ecosystems of Sub-saharan Africa. In fact, apart from Afrikrea, an Ivory Coast-based startup, whose ecommerce platform has a fashion section, and which recently raised $1 million in funding, it is very rare to see a startup exclusively built for fashion raise investments from venture capital firms as well as other types of investors in other parts of Africa....

Small Business Resolutions To Boost Your Cash Flow In 2021

Running a business in what we assumed would be a post-COVID world this year has turned out to be a continuous challenge, taking on various strains from last year’s pandemic. A common denominator for many small business owners is steady cash flow throughout the year. Staying in the green has always been a priority for small business owners. Now, more than ever, you need to take control and manage your finances to ensure long-term growth and sustainability. Read also: Private Equity Firm B Investment Sells Its 20% Stake Of Total Egypt To Total Outre-Mer To make the most of 2021 and increase your cash flow and profits, here...

Driving Entrepreneurial Growth Through Mentoring

The rise in the amount of knowledge sharing and mentoring by businesspeople through partnerships with SMEs and entrepreneurs in order to help them survive and succeed has been, and continues to be, a silver lining in the overwhelming Covid-19 cloud. The significant number of job losses in South Africa in 2020 now means more people need to find some way to bring in income – many will become entrepreneurs and will start small or even medium enterprises. A significant proportion of business survivors in this pandemic are themselves, entrepreneurs. From the outset, they had reduced operational costs, understand their markets, and were able to streamline and adapt...

Algeria Launches Its First Incubator For Transport And Logistics Startups

A new incubator dedicated to startups active in the transport and logistics sector, entitled “Naql Tech” has been inaugurated on Tuesday by Algeria’s Minister of Transport, Lazhar Hani, accompanied by the Minister of Post and Telecommunications, Brahim Boumzar and the Minister of Startups and Knowledge Economy, Oualid El-Mahdi Yacine. The incubator, located at the training center of the Urban and Suburban Transport Establishment of Algiers (ETUSA), hosts a dozen innovative startups in the transport and logistics sectors ranging from information to real time to the data city via digital logistics platforms. Here Is What You Need To Know During his speech on this occasion, the Minister of Transport underlined the...

Private Equity Firm B Investment Sells Its 20% Stake Of Total Egypt To Total Outre-Mer

EGYPT – B Investments Holding, an Egypt-based private equity firm, has signed a contract to sell 20% of its stake in Total Egypt to Total Outre-Mer, France, for a total consideration of approximately EGP 146 million (US$9.3 million), in accordance with the exit terms pre-agreed with Total at the time of the investment in Total Egypt.  In a statement to the Egyptian Exchange (EGX), the company said that, after the deal’s completion, its stake in Total Egypt will decrease from 7.98% to 6.38%.  Read also: China To Overtake US As World’s Biggest Economy By 2028: Report During the first nine months (9M) of 2020, B Investments Holding achieved profits...

How Small Businesses Can Get Maximum Value From Mobile

It’s no secret that small and medium-sized businesses (SMBs) are challenged every day to balance the need to innovate with the reality that their workforce is already being stretched to its limits. To deliver an exceptional customer experience, small teams must figure out how to accomplish big things, but in a short amount of time and with limited resources. For SMBs facing these struggles, taking a mobile-first approach can be a real game-changer in terms of optimizing overall business operations. From arming the entire workforce with the information they need to get the job done to acting as a critical force multiplier when free hands are few, mobile...

Innovation Strategy – Tactics Top Brands Use To Boost Their Organizational Growth

What can you learn about growth and innovation from top brands?  A dying economy and global competition have made growth an impossible mission for many organizations. Yet, some companies (Starbucks, Amazon, Apple) seem to defy the laws of doing business during a pandemic.  In the year of the lockdown, e-commerce has changed more than ever. Retail stores have to establish their reputation in the online market and provide their public with unique benefits. With brands like Alibaba and Amazon monopolizing the market, small stores need to come up with innovative strategies to draw the public’s attention.  But is it worth investing in creating an innovation strategy when 2020...

Ghana’s Ecommerce Startup Seven Inc. Just Promised To Invest $10m In Ghanaian Startups

Seven Inc., a Ghanaian ecommerce startup has a big ambition: to invest $10m in startups in Ghana. According to Vincent Djokoto, Managing Director of the startup, Seven Inc. has already entered into partnership with another local and Ghana-based tech, design and logistics firm to bring that ambition into fruition.  Read also: A Bank In Every Pocket Click here to find out more! “Seven has recently entered quite an exciting phase as a startup,” he tells the Business and Financial Times newspaper. “We’ve partnered with a local tech firm and are confident of a fully-functioning life-changing app within the first quarter of 2021,” he further said, adding that: “We’re looking to...

China To Overtake US As World’s Biggest Economy By 2028: Report

 China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said. “For some time, an overarching theme of global economics has been the economic and soft power struggle between the United States and China,” the Centre for Economics and Business Research said in an annual report published on Saturday. “The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.”The CEBR said China’s “skilful management of the pandemic”, with its strict early lockdown, and hits to long-term growth in the...

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