Challenges and Opportunities in Electrifying Africa: Africa Business Roundup

Power failures have long run effects on the economic growth of a country. This impact is not just measured in terms of losses due to outages but also in terms of lost opportunities.  The continent would achieve faster growth without power fluctuations.

Many keep asking: Can Utility Companies in Africa Deliver Quality Power?

In a survey done by Afrobarometer covering a total of 36 African countries, only four in every ten Africans enjoy reliable power supply. Kenya boasts of 1.25 Million New customers have been added to the national grid in the year ended 30th June 2016, bringing electricity access to 60 percent.

The question of power, the challenges and opportunities are still immense watch financiers, analysts and CEOs of Africa’s energy projects to explore some of the opportunities and challenges of investing in this sector. Read more here

How apps can boost small African business profits and productivity

To drive growth and make immediate, impactful improvements to productivity, small businesses should focus on technology: it plays a crucial role in maximising efficiency and generating profits.

As a small business owner looking to increase profits and efficiency, what should be your top priorities should be to rethink your approach to technology and, in particular, what should you consider how mobile apps might revolutionise the way you run your business? Find out more here.

Africans abroad facing highest transaction costs globally

Africans spent $67 million on U.S. visa applications, $23 million "wasted" (visa rejected). @NewAfricanMag #Africa pic.twitter.com/aLHGpmS64f

— Zemedeneh Negatu (@Zemedeneh) August 17, 2016

Africans abroad face the highest transactions costs in the world, according to the World Bank. Despite sending over $40 billion in remittances every year, Africans pay on average 9.5 percent of the total transfer sum in fees. In some instances, these fees can reach as high as 20 percent. Read more…

Who are changing the economic face of Africa?

BBC correspondents within each country will report on the growing trends and latest business developments and give an insight into this diverse continent.

Listen here.