
AfricaWorks Insights
February 7, 2025 at 02:55 PM
At the Climate Change Forum in Davos, South African 🇿🇦 entrepreneurs Dr. Iqbal Survé and Rayhaan Survé were honored for their impactful climate investments through Sekunjalo, committing over $200 million to renewable energy, ocean conservation, and green innovation ♻️. Their work in sustainable fishing, electric vehicles, and strategic partnerships showcases how business and climate action must align for a sustainable future 🌿.
XTransfer, China’s 🇨🇳 B2B cross-border payment platform, has partnered with Ecobank to support African 🌍 SMEs in foreign trade. The collaboration aims to simplify cross-border payments, reduce costs, and enable payments in local currencies. With growing trade between China and Africa, this partnership will help African SMEs overcome challenges like high remittance costs and foreign exchange issues, enhancing their global competitiveness 🤝.
Stellenbosch, South Africa 🇿🇦, now leads the country in tech jobs per capita, surpassing Johannesburg and Cape Town with 36 tech jobs per 100,000 people 🚀. Midrand follows with 30, and Johannesburg ranks third with 24. A QuickBooks South Africa report highlights strong demand for roles like Software Engineer and Senior Developer, offering competitive salaries. The growth in tech jobs is fueled by better internet access, digital infrastructure, and a youthful population 📈.
StarkWare has launched a US$4 million venture fund to support blockchain innovation in Africa 🌍, focusing on early-stage startups. Led by Kheireddine Kamal, the fund will offer grants and investments up to US$500,000 to projects tackling challenges like inflation and financial exclusion 🚀. The initiative aims to empower African entrepreneurs with capital and technical expertise to scale globally 💪.
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