Have you ever wondered how palm trees survive hurricanes? The palm tree survives seemingly unscathed where other trees have broken branches or even snap in half. Its survival secret is hidden on the inside. Unlike traditional trees, palm trees are not made of wood but rather spongy tissue that contains malleable cells. These form cylinder-like rings, which give the trunk incredible strength while allowing the palm tree to bend up to 50 degrees without snapping. The canopy of large leaves also acts as large feathers to further withstand the onslaught of fierce winds. For me, Africa’s investment story is like…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
In the last year, cybercriminals launched over 9 million DDoS attacks, with around 4.4 million occurring in the second half of 2021.
In terms of hydropower, Africa has only utilized 11% of its potential; hydropower accounts for 17% of the electricity generated across Africa. Oil and natural gas in Africa account for 38.7% and 29.7% of Africa’s current energy generation mix.
Guinness Nigeria, a subsidiary of Diageo, has appointed John Musunga, currently managing director at Kenya Breweries, as Chief Executive Officer, effective 1st November 2022. Musunga has been serving as KBL Managing Director since December 2020 and will replace Mr Baker Magunda who is retiring after over twenty-three years, and consequent resignation from his role as Managing Director and member of the Board of the company. In the statement, the Board said Magunda would be celebrated and remembered for leading the remarkable return to profitability for Guinness Nigeria in a very challenging covid-era during his time as Chief Executive Officer. Mr. John…
Nairobi continues to feature as one of the leading retail hubs across Sub Saharan Africa with a retail density estimated at 0.14, higher than most cities in Africa such as Lagos and Accra who have a recorded density of 0.018 and 0.06 respectively.
Each 30-minute show will demonstrate how technology unites the world. Throughout the six-episode series, CNN will highlight topics including AI machine learning, 3D printing and cryptocurrency.