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.
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.
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.
Staff, 7:47 am
Fintech represents low-hanging fruit for innovators and investors because many parts of the region are underserved with financial services.
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.
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).
Staff, 8:34 am
Data remains a luxury and often agonizingly out of reach, even on mobile. In fact, 60 percent of people in sub-Saharan Africa will still lack a data connection in 2020. Wide accessibility to SMS has made mobile banking possible, but more sophisticated services require data provision to work, especially services which require strong security.
Staff, 8:25 am
The U.S. must increase investments in Africa, especially as China makes its own forays into the continent, and encourage economic development.
Staff, 8:11 am
Allard Luchsinger is the director for private equity at the Dutch-based venture fund, Velocity Capital Private Equity. The company specializes in fintech early-stage investments. Luchsinger shared what motivated his organization to invest in two African start-ups over the last year.
Staff, 7:34 am
Perhaps it is up to tech innovators to explain to policymakers the practicalities of what their industries need to succeed and meaningfully contribute to the economy