Staff

  • New Investment Model For Africa’s Poorest Countries

    Investment Model By Staff, 9:01 am

    One of the biggest current challenges for the impact investing community is the aggregation and deployment of growth capital equity in the world’s poorest countries. Few would argue with the proposition that for the world’s poorest countries to move out of poverty there must be a new investment model. In view of the absence of local private equity, growth capital and venture funds in those countries, as well as the small deal sizes, there is a challenge in which growth capital can be deployed.

  • Major Seed Stage Startup Competition Returns To Mozambique

    Seed Stage Startup Competition By Staff, 9:04 am

    Seedstars World is returning to Mozambique on the 14th June 2017, with the support of main partner, Standard Bank, and local ambassador UX Information Technologies. In addition, the initiative has partnered with the Embassy of the Kingdom of the Netherlands and the Shell and received support from Castle Lite and Internet Solutions. “Standard Bank’s purpose is Africa is our home and we drive her growth.” says Victor Jardim, Head of Personal and Business Banking of Standard Bank Mozambique.

  • Namibia Readies For 4th National ICT Summit

    ICT Summit By Staff, 8:30 am

    Namibia’s Ministry of Information and Communication Technology will host the 4th National ICT Summit from Oct. 9-11 in Windhoek. The Ministry at a stakeholders engagement meeting said, the ICT Summit which is an annual event is aimed at bringing ICT stakeholders in the country together to share innovative ideas in bridging the digital gap and making ICT accessible. According to the Ministry, the country needs more involvement and support of stakeholders both in the public and private sectors.

  • Mobile Shopping In South Africa Sees Major Increase

    mobile shopping By Staff, 7:37 am

    In 2017 there will be over 16 million active smartphone users in South Africa. This number is expected to grow exponentially over the next five years to reach more than 21 million users. The rapid rise in mobile phone usage in South Africa can primarily be attributed to the popularity of social media, which in turn has also sparked an increase in mobile phone usage to buy and sell online. The upturn in active mobile phone users has also affected internet usage and consumer habits drastically.

  • Ghana-Born Technology Exec Moves From Apple To Uber

    ghana-born-technology-exec-moves-apple-uber By Staff, 9:36 am

    One of Silicon Valley’s top black female executives, Bozoma Saint John, has left tech giant Apple to join ride-hailing service Uber. Saint John, who was born in Ghana before moving to the U.S. when she was a teenager, was a marketing executive at Apple and has now taken on the role of Uber’s new Chief Brand Officer, the company announced on Twitter. Her appointment comes at a time when Uber has been criticized for its management practices and company culture, TechCrunch reports.

  • Luxembourg Company To Lead High-Speed Communications Infrastructure In Burkina Faso

    By Staff, 9:10 am

    SES has been selected to lead a project to extend high-speed communications infrastructure throughout the country of Burkina Faso. The firm will provide the full end-to-end solution, including wireless terrestrial communication and integration with the available optical fibre backbone, to connect 881 sites for e-government, education, and health in Burkina Faso. SES Networks will also provide managed service and maintenance support from Luxembourg, and through a local presence in Burkina Faso.

  • Angola Has Ambitions To Emerge As A Major Competitive Technology Force In Africa

    competitive technology force By Staff, 8:52 am

    Angola has ambitions to emerge as a competitive technology force and internet hub in Africa. Hans Geldenhuys, Managing Sales Director at Intelsat Africa, say the Southern African country is undergoing a technology transformation underpinned by an increasing need for connectivity and innovations. According to data from the International Telecommunications Union, Angola’s ICT and telecoms sector has recorded an annual growth rate of 55 percent over the past 10 years and has 14 million consumers.

  • Technology Student Population At Ghana Tech University Soars To 8,000

    Ghana Tech By Staff, 8:52 am

    Student population of Ghana Technology University has climbed to nearly 8,000 in 2017 from less than a cohort of 100 when the College was established some decade ago, College President Professor Osei Kofi Darkwa said. Professor Darkwa attributed the growing population to innovative and industry relevant courses introduced by school authorities in recent times as well as effective collaborations and partnerships with local and international institutions to better deliver quality results.

  • Tanzanian Innovators Explore Plans For Smart Cities

    smart cities By Staff, 8:19 am

    Innovators recently converged in Dar es Salaam to discuss issues ways of supporting the creation of smart cities. Organized by the Dar es Salaam-based Sahara Sparks, the event discussed ways by which innovators can contribute towards improving Tanzania’s environment. “We are looking at ways of changing practices in the real estate and informal housing sector and this will directly improve the standard of living by providing settlement options for people,” Sahara Sparks’ Jumanne Mtambalike said.

  • Cape Verde Government Reveals Restructuring And Privatization Plan For National Airline

    privatization plan By Staff, 6:51 am

    Cape Verde outlined the accelerated restructuring and privatization plan for TACV, approved by the Council of Ministers, as follows: One ATR aircraft will cease to operate on August 1st and TACV’s domestic services will be discontinued; Binter Cabo Verde will take over inter-island services and will seek to strengthen inter-island connections, with the aim to provide regular services to all airports. The carrier will also seek intermodal transport connections to islands without airports.