Saturday, February 27, 2021

‘A spike in pandemic-related investments’

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EY Africa’s Sandile Hlophe has instructed the BBC that international direct funding in Africa has modified as a result of coronavirus pandemic, however not for the more serious.”There has been a spike in investment in certain sectors and industries because of the shift in how we work,” he says. “Now, if you think about a lockdown environment, a lot of us have had to make payments remotely, so we’ve seen a marked increase in investment into fintech.”The different large spike is healthcare. With the covid-19 pandemic, our healthcare suppliers – whether or not public or non-public – have needed to undertake a number of digital expertise to interact and talk.”Investments into cloud capability, data analytics and the use of data has become more prevalent.”You can tune into In Business Africa each Friday at 18:30 GMT on BBC World News.

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