Staff

  • ‘Loot And Share’ Shatters Ghana’s Venture Capital Trust Fund

    venture capital trust By Staff, 8:32 am

    The Venture Capital Trust Fund (VCTF) in Ghana is under immense financial strain as a result of alleged mismanagement and misappropriation of funds by one of its former bosses. The Venture Capital Trust Fund was established in 2004 through an Act of Parliament, to provide low-cost financing to small and medium enterprises so as to enable them expand and create wealth and jobs. The law establishing the fund does not allow for direct equity investment in or provision of debt to any company.

  • Why South Africa’s Entrepreneurs Need To Use Digital Technologies To Survive

    digital technologies By Staff, 8:17 am

    Several industries are adopting digital technologies to survive in the digital world, but one industry has lagged in that adaptation and that’s the small medium enterprise market in South Africa. The SME market is not harnessing technology to grow their small business and is ignoring the benefits of using technology to become digital entrepreneurs. Digital technology is becoming increasingly less expensive and most platforms offer a no-cost or free solutions to enable your business to flourish.

  • India Willing To Share Latest Renewable Technology With Africa

    renewable technology By Staff, 7:49 am

    The government of India said may share technology in renewable energy with Africa to power the remotest and poorest corners of the second largest continent. The Indo-African partnership is based on empathy as the countries face similar challenges, Power Minister Piyush Goyal said at the launch of the third International Solar Alliance (ISA) Program on “Scaling Up Minigrids and Microgrids” during the “Africa-India Cooperation on Powering Africa–Strengthening ISA and Africa-India RE Partnerships.”

  • African Tech Startups And The Fourth Industrial Revolution

    The Fourth Industrial Revolution - Nairobi By Staff, 1:00 am

    The world has entered into a Fourth Industrial Revolution, and this time Africa is poised to take maximum advantage of it. Venture capitalists are investing large sums in Africa-based tech startups — $1 billion in 2016 — with the number of startups reaching 3,500. The revolution is led by entrepreneurs whose pioneering innovations seem destined to turn Africa into a global powerhouse and partner, changing its relationship with the rest of the world.

  • How Digital Technology Is Changing Farming In Africa

    Digital technology is changing farming in Africa By Staff, 1:00 am

    With Africa’s population projected to be about 2 billion by 2050, farming must undergo huge strides in productivity to ensure the ability to feed them. Numerous types of digital technology are available to take farming to this level, and entrepreneurs are beginning to introduce them to farming. To take advantage of them, however, there must be widespread internet availability, adequate funding, and ways overcome farmers’ reluctance to adopt new practices.

  • Is Africa Lagging Behind In The Drone Business?

    drone business By Staff, 8:44 am

    As transportation devices, drones are best suited to rural areas and countries that lack infrastructure. A drone network could be an important addition to the infrastructure of many African countries. Surveying, security and delivering goods including medicine to rural areas are drone applications that all have the potential to become big businesses in Africa. There’s evidence it’s already starting. Companies including Amazon, UPS and others in the logistics and transportation sector want to use drones for deliveries.

  • Africa Looks to Leverage Information And Communication Technology To Boost Development

    information and communication technology By Staff, 8:20 am

    African Heads of State and Government present at the recently concluded Transform Africa Summit pledged to advance the continent’s digital transformation. The leaders noted that they recognize the role of information and communication technology (ICT) in fast-tracking development of their countries and the continent in generals.

  • How And Why Investors Are Shaping Africa’s Fintech Sector

    fintech in Africa By Staff, 7:47 am

    Fintech represents low-hanging fruit for innovators and investors because many parts of the region are underserved with financial services.

  • South African Techpreneur Talks About Lessons From Silicon Valley

    Lessons From Silicon Valley By Staff, 9:32 am

    SweepSouth is a South African start-up which allows customers to book a home cleaner online at R38 (US$2.8) per hour. The company was launched in Cape Town in June 2014 by husband-and-wife team, Aisha Pandor and Alen Ribic, and has since expanded to Johannesburg, Pretoria and Durban.

  • University of Nairobi Student Crowned Miss Geek Africa 2017

    Miss Geek Africa By Staff, 8:55 am

    Miss Geek Africa is a continental competition designed to inspire African girls to be part of solving the continent’s challenges using technology and encourage them to choose a career in Science, Technology, Engineering and Math (STEM).