Samsung News

Novare Matola (Illustration), Maputo, Mozambique

Novare Africa Property Fund II closes with $350 million for investment

Novare Africa Property Fund II, the fund with a mandate to invest in retail and commercial real estate in sub-Saharan Africa outside of South Africa, has announced its final close at the end of June 2016.

Derrick Roper, CEO, Novare Equity Partners. Source: financialmail.co.za

Africa's emerging markets will come back into view: Derrick Roper, CEO, Novare Equity Partners

Private equity fund managers, who adopt longer term time horizons than traditional asset managers, are showing renewed interest in African investment opportunities.

Africa's biggest media company will fight Netflix for control of the global streaming market

Africa's biggest media company will fight Netflix for control of the global streaming market

When Naspers, the South African media conglomerate, launched its video-on-demand (VOD) service Showmax earlier this year, the assumption was this was an attempt at keeping out Netflix.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Amy Jadesimi, MD, LADOL (Lagos Deep Offshore Logistics Base)

Running a free zone in Nigeria: Amy Jadesimi, LADOL's Managing Director

The Lagos Deep Offshore Logistics Base (LADOL) is a 100-hectare free zone and logistics hub for multinational industrial and offshore enterprises.

The new Tesla Energy Powerwall home battery

Could the Tesla Powerwall be the catalyst for Africa to leapfrog the electric grid?

The African continent is revolutionizing itself as the place where no infrastructure is no problem. This began in the telecommunications field.

Fellows in Code Club 2015 work at the Hehe Labs headquarters at "The Office" in Kigali, Rwanda, a coworking space for young entrepreneurs.

Inside the Tech Revolution That Could Be Rwanda's Future

The small East African nation of Rwanda has progressed remarkably over the last decade.

Employees stand inside a mobile phone store specializing in the sale of Samsung Electronics Co. handsets in Nairobi, Kenya, on April 17, 2013. Photographer: Trevor Snapp/Bloomberg

Europeans Selling Mobile Payments Should Ask Africa for Help

As telecommunications carriers in Europe seek a share of the billions of dollars likely to flow to companies that build mobile-payment systems, Claudio Chiche has a few words of advice: Ask Africa for help.

The Redeemed Christian Church of God annual convention campground near Mowe, on the outskirts of Lagos. Credit: proof.nationalgeographic.com

Church business goes digital in Africa

Mania for Africa-produced mobile apps has spread to the continent’s churches. Almost half of sub-Saharan Africans will be mobile phone users by 2020, according to research by industry body GSMA. Half of those will be smartphone users.

How Nigeria became the world's dual SIM-card superpower

Fact of the Day: Nigeria is the largest market in the world for multi-SIM phone use

It’s the juggle of every Nigerian professional: all those mobile handsets. And then comes the struggle: For consistent phone reception. There’s little consumers can do about the state of their network’s coverage but there is a market solution to the inconvenience of carrying more than one phone: dual-SIM phones.

M-PESA

Fact of the Day: Mobile money service M-PESA is Kenya's top brand

Mobile money payment service M-PESA has been voted as Kenya’s leading brand in the Top 20 super brands in Kenya survey.

Uber, Nairobi, Kenya

Uber launches in Nairobi, Kenya

Nairobi, the “Green City in the Sun” is East Africa’s economic powerhouse. Locals tear into meat in restaurants squeezed between car parks and casinos, or overlooking the misty green hills that fall into the Great Rift Valley on the edge of the city.

Konga, an e-commerce site, is a Nigerian tech pioneer

Nigeria, not Kenya, is about to become Africa's next big technology hub

There’s too much money in Nairobi. That’s one way to explain why some venture capitalists are setting their sights elsewhere.

Doug Smart, General Manager, KFC Africa

How to succeed in selling to consumers in South Africa

Doug Smart, KFC’s general manager in Africa, is mulling the challenges his company faces in appealing to a cross-section of South Africans one morning at a restaurant in Johannesburg.

Brand Africa 100 - 2014

Fact of the Day: MTN is the most valuable brand in Africa - Brand Africa announces top 100 brands in Africa for 2014

The annual ranking of the most admired and most valuable brands in sub-Sahara Africa, Brand Africa 100, was announced earlier today at the Nairobi Securities Exchange, in Nairobi, the capital of Kenya.

Smartphone use in Africa

Boosting smartphone use in Africa: Success strategies of industry players

The high penetration of mobile phones in Africa has been one of its success stories.

BlackBerry Z3

Robust BlackBerry Z3 sales in emerging markets, including Nigeria and South Africa, may bring early return to profitability

Late last month, International Data Corporation (IDC) forecast that the growth of smartphone sales in mature markets in 2014 would slow to a low single digit of 4.9% with emerging markets continuing to soar at 32.4%. The exponential growth rate in emerging markets is now 6.5 times of that in developed countries.

south-africa mobile

There's at least one country where BlackBerry utterly dominates the smartphone market

In most parts of the world, Samsung smartphones rules the market by virtue of their ubiquity, affordability, and variety.

Consumers Shopping

How to get your products to consumers in Africa

In the first instalment of Who Is the African Consumer two-part series we briefly examined the business opportunity that is the African continent.

Samsung Africa

Samsung to invest in South African plant to capitalize on Africa, the world's fastest-growing mobile phone market

Samsung Electronics Co. (005930), the world’s largest smartphone maker, will open a plant in South Africa, a Trade and Industry Department official said.