An online storm over the local sourcing of potato chips for fast food outlets like Kentucky Fried Chicken has opened up a hot debate over the sourcing of local raw materials by local and foreign companies operating on the continent.
Electric cars and shared mobility concepts are starting to disrupt Africa’s taxi industry. Just a few years after cab-hailing apps upended the market and made city transportation cheaper and safer, they're now about to get greener.
Financial services are now just a dial away for millions of Africans as it emerged more than half of phone users in a recent survey processed payments and other monetary transactions on their mobile phones and uptake has surged so much that a recent survey called Africa "the epicentre of mobile money".
South Africa is on track to become Africa's biggest market for electric cars and is also looking to become a globally competitive electric car manufacturing hub. A new e-mobility roadmap is in the works to make EVs cheaper than petrol cars in that market.
Kenyans are trading cryptocurrencies directly with each other ("peer to peer transactions" or P2P) more than elsewhere in the world. Residents of other African countries are also jumping at the opportunity to cushion remittances and cross-border businesses from costly transfer fees and the risks of weakening currencies.
Tom Mboya died this day, 52 years ago. Today we celebrate his friend, William X Scheinman, an American philanthropist whose grave is decked inside Mboya’s mausoleum.
