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African Business 2022 Q1

  • Text
  • Africa
  • Wwwglobalafricanetworkcom
  • Sector
  • Geoscience
  • Renewable
  • Countries
  • Climate
  • Hydrogen
  • Exploration
  • Global
  • Lesotho
  • African
A unique guide to business and investment in Africa. The third issue of African Business marks a departure for this respected guide to business and investment on the continent. The first two journals were published in 2020 and 2021 but as of 2022, African Business is a quarterly journal. Every edition will carry editorial copy that will cover the following general topics, with a wide range of subjects within the broader economic sector: energy; mining and exploration; trade; finance; technology and tourism. In addition to this, special features on topical matters will be published periodically, along with country profiles.

FOREWORD

FOREWORD African Business A unique guide to business and investment in Africa. The third issue of African Business marks a departure for this respected guide to business and investment on the continent. The first two journals were published in 2020 and 2021 but as of 2022, African Business is a quarterly journal. This affords our team more opportunities to bring to readers up-to-date information and opinions and offers our clients increased exposure at specific times of the year, either related to events and conferences or in conjunction with feature articles on specific topics. Every edition will carry editorial copy that will cover the following general topics, with a wide range of subjects within the broader economic sector: energy; mining and exploration; trade; finance; technology and tourism. As an example of the sorts of articles or opinion pieces that might be run under the last heading, topics could include freedom of movement, AfCFTA, its implications and progress, hotel groups, trends, airlines’ health/mergers, “freedom of the skies”, eco-tourism/conservation balance and case studies. In this edition, the in-depth interview with Council for Geoscience CEO Mosa Mabuza tackles current and controversial topics such as the recent court case in South Africa which brought a halt to offshore testing for oil and gas. The question of balancing economic development and conservation is one which all African countries are grappling with as the debate about reducing the carbon load intensifies. Another article on a similar theme explores the complexity of the oil and gas market for investors while a British academic unpacks the results of the COP26 climate change conference for African countries. TECHNOLOGY’S ROLE IN AFRICA IN 2022 COUNTRY PROFILES: NAMIBIA & LESOTHO WHAT DOES COP26 MEAN FOR AFRICA? IS THERE SCOPE FOR A PAN-AFRICAN AIRLINE? The risks and rewards unpacked THE AFRICAN OIL AND GAS SECTOR NEEDS AN ENERGY BOOST Market complexities and climate change present challenges AFRICAN BUSINESS THE TIME IS RIGHT FOR EXPLORATION Africa’s incredible mineral wealth urgently needs to be mapped, says MOSA MABUZA, CEO of the Council for Geoscience QUARTER1, 2022 Green hydrogen is in the spotlight as a possible solution, particularly as African countries are blessed with many of the minerals that can help in the process. There is also no shortage of wind and solar energy coursing over the continent and the article covers the major steps that are being taken in Namibia towards creating the hydrogen economy. MOSA MABUZA Digital advance is the theme of two further articles, one relating to retail and the other looking at general trends that can be expected in terms of technology on the continent in the year ahead. In the shadow of Covid-19, the highly topical question of the future of African aviation is explored while two countries are profiled in this issue: Namibia and Lesotho. In addition to this, special features on topical matters will be published periodically, along with country profiles. The positive reception accorded the first two issues of African Business was encouraging and we are optimistic that this publication and future issues will continue to meet the need for timely and relevant information in an exciting time for African business. Global African Network is a proudly African company which has been producing region-specific business and investment guides since 2004, including South African Business and Nigerian Business, in addition to its online investment promotion platform www.globalafricanetwork.com JOHN YOUNG Editor, African Business: john.young@gan.co.za Editor: John Young Publishing director: Chris Whales Managing director: Clive During Online editor: Christoff Scholtz Design: Simon Lewis. Production: Aneeqah Solomon Ad sales: Venesia Fowler, Tennyson Naidoo, Tahlia Wyngaard, Gavin van der Merwe, Shiko Diala, Gabriel Venter and Vanessa Wallace Administration & accounts: Charlene Steynberg, Kathy Wootton Distribution & circulation manager: Edward MacDonald African Business magazine is published by Global Africa Network Media (Pty) Ltd Company Registration No: 2004/004982/07 Directors: Clive During, Chris Whales Physical address: 28 Main Road, Rondebosch 7700 Postal: PO Box 292, Newlands 7701 Tel: +27 21 657 6200 | Email: info@gan.co.za Website: www.gan.co.za No portion of this book may be reproduced without written consent of the copyright owner. The opinions expressed are not necessarily those of African Business magazine, nor the publisher, none of whom accept liability of any nature arising out of, or in connection with, the contents of this book. The publishers would like to express thanks to those who Support this publication by their submission of articles and with their advertising. All rights reserved. Printing: FA Print 2

NWU Business School First business school in Africa to receive international BGA accreditation. The NWU Business School at the North-West University (NWU) is a driving force of business education in Africa. Not only has the internationally prestigious Association of MBAs (AMBA) renewed the MBA accreditation of the NWU Business School, but the school is also now officially the first school on the African continent to receive international accreditation from the Business Graduates Association (BGA). This follows a virtual visit to the NWU Business School by panel members of the AMBA, with which the BGA is affiliated. According to Prof Jan van Romburgh, chief director of the NWU Business School, the school managed to also successfully secure another five-year international accreditation for its MBA qualification. “Business education in general – and the role of MBAs in particular – is going through a fundamental transformation, both globally and domestically. In a fast-changing world and country, business schools must remain relevant by providing business education that critically unpacks their socio-economic environment for successful business strategies.” Prof Van Romburgh says it is a huge vote of confidence from the BGA that it has accredited the NWU Business School as the first in Africa. “The AMBA accreditation also denotes the highest standard of achievement in postgraduate business education. Only 2% of recognised business schools around the world have AMBA accreditation. We are proud to be one of them. We recognise the big changes across the continent of Africa that excellent business education must help to navigate and manage successfully.” The AMBA is the only professional membership association that connects MBA students and graduates, accredited business schools and MBA employers across the world. What is accreditation? Accreditation certifies that an institution has the capacity to fulfil a particular function within the quality assurance system. Programmes that receive this accreditation reflect changing trends and innovation in the postgraduate education sector. They foster innovation and challenges and encourage business schools to continuously perform at the highest level. Why is this a big deal? Students and graduates, business schools and employers alike all recognise the AMBA and BGA accreditation as a gold standard. The rigorous accreditation criteria and assessment process ensures that only the best programmes achieve accreditation. The accreditation bodies look at programmes that demonstrate the highest standards in teaching, learning and curriculum design; career development and employability; and student, alumni and employer interaction. Employers looking to attract game-changing managers and future business leaders know that graduates from accredited programmes have received the best quality, most relevant management education. To recruit a graduate from an AMBAor BGA-accredited programme is to recruit top talent. This accreditation gives our business school worldwide recognition and honour. What does it mean to the MBA students? Employers are increasingly asking for business graduates who possess a balance between hard and soft skills, innovative capabilities and a mind-set geared towards being more socially responsible. We can guarantee that our students who obtained an MBA or Postgraduate Diploma in Management will bring all these qualities and skills to the table at their workplace and make a viable contribution to their company. “For our MBA graduates, accreditation offers the opportunity to connect with peers from the best global MBA programmes. Student and graduate membership of the AMBA means alumni can network internationally, knowing that they are connecting with individuals from equally impressive programmes.” Prof Van Romburgh says that students, through the AMBA, can enjoy career advice and support, a job portal, events, access to the latest research and thought leadership and selected offers and benefits. “In short, it opens doors and facilitates opportunities and we are committed to making sure that each and every student receives the best possible education in order to shape executive minds in Africa.” Enquiries: Johan van Zyl | Tel: 084 504 3544 | Email: johan@jakemedia.co.za For more information visit https://www.facebook.com/NWUBusinessSchool/videos/337838344438189 Website: www.nwu.ac.za

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