The COVID-19 pandemic has crippled African economies but also offers an opportunity to reinvent economic systems on the continent and make small businesses more resilient, says VP and Senior Director for Economic Growth at Creative Associates International’s. “We are seeing digital solutions and transformation and awareness among political and business leaders that we can do things now that maybe we didn’t even imagine before,” Creative’s Jim Winkler says. “The pandemic has woken us up.” Speaking at the Corporate Council on Africa (CCA)’s Leaders Forum, Winkler explains that traditional global supply chains were highly efficient, but also vulnerable to a shock-like COVID-19, leaving producers in Africa with no way to sell their products amid the pandemic. Winkler says an “unexpected silver...
In the digital age, data is a currency all on its own. The retail sector has lagged in leveraging the value of real-time data, due to a number of factors. However, given the current economic climate, they can no longer afford the luxury of remaining in the dark. The power of data is revealed through near real-time analytics, and it can deliver incredible benefits for the retail sector. Harnessing the power of daily sales and stock on hand data is the missing link in enabling Just in Time (JIT) manufacturing – the panacea where manufacturers produce just the right number of goods that are delivered at the right time to the right place to find their way into the hands of the right consumers. Visibility is the key The daily sales and stock data in retail hold a powerful repository of informat...
Sourced from Saur Energy. Africa Oil & Power, the African Energy Chamber and the U.S-Angola Chamber of Commerce presented the webinar: Powering Forward – The Pathway to Grid Stability, Increased Capacity and a Diversified Angolan Economy, on Thursday. This webinar addressed how Angola can continue to prioritize its development of national transmission and distribution capacities in the long-term, with a view toward increasing electrification, job creation and economic growth. Panellists included Maria da Cruz, President & CEO of the U.S-Angola Chamber of Commerce, Paul Ghiotto, Energy Officer, Political-Economic Section, U.S. Embassy Luanda and Frederico Martins Correia, Energy, Resources & Industrials Partner, Deloitte. Powering Forward: The Pathway to Grid Stability, Increase...
Sourced from ScienceMag. The Ebola outbreak in the northeast of the Democratic Republic of Congo (DRC) was declared over today, almost two years since the first case was confirmed. The DRC Ministry of Health made the announcement after no new cases were reported 42 days since the last patient tested negative for the virus. The outbreak started in August 2018. There were 3470 cases, 2287 lives lost and 1171 survivors, making it the second-deadliest after the one in West Africa that lasted from 2014 to 2016. In a context of insecurity, the efforts to halt the 10th Ebola outbreak in the DRC were particularly challenging. Emergency teams from the World Health Organization (WHO), partner organizations, the DRC Ministry of Health and communities made huge efforts to end the outbreak. “During the...
Sourced from TTEC.com Organisations are placing business and shareholder goals above employee needs when adopting new technologies, according to a new study from Lenovo. The research, conducted among 1,000 IT managers across EMEA, found that just 6% of IT managers consider users as their top priority when making technology investments. Lenovo believes that this approach to IT adoption is ultimately leading to productivity being stifled. When businesses implement new technologies without considering the human impact, many employees become overwhelmed due to the complexity and pace of change, with 47% of IT managers reporting that users struggle to embrace new software. With all industries having to adapt to the ‘next normal’ and take stock of their responsibility – to employees, to the envi...
Crossfin Transactional Solutions (CTS) has rebranded to Adumo, in an attempt to infuse the fast-growing fintech company with an authentic African feel that speaks to its existing and future customer base. Following the 2019 acquisition of Sureswipe by Crossfin Technology Holdings, a fintech investment company, and Apis Growth Fund, a private equity fund managed by London-based Apis Partners LLP, Crossfin Transactional Solutions (CTS), South Africa’s largest independent payments and merchant acquiring solutions platform was formed. 2020 will now see an authentic, local positioning of CTS to ‘Adumo’. Adumo services more than 30 000 active clients and 50 000 active card machines – processing over $4 billion in transaction value – and with a presence in 7 African countries, making it is the la...