Peter Pedroncelli

  • Rwandan Startup Wins International Sustainability Innovation Competition

    Rwandan startup EarthEnable wins sustainability innovation competition. Photo - Rwandaeye By Peter Pedroncelli, 5:15 am

    A Rwandan startup called EarthEnable has been crowned as the winner of an international sustainability innovation competition for an ingenious idea that is focused on helping poorer communities. EarthEnable won the annual Postcode Lottery Green Challenge thanks to their sustainable alternative for cement as a replacement for dirt floors, winning the Rwandan startup $600,000 in prize money.

  • 10 Tech Startup Finalists In The Seedstars Lagos Competition

    Medsaf won the 2017 Seedstars Lagos competition. Photo - VC4A By Peter Pedroncelli, 3:49 am AFKI Original

    The Seedstars Lagos Competition served as the Nigerian leg of the global early-stage startups competition for emerging markets took place at the end of August, with 10 of the best startups vying to be the representative from Nigeria for the global final event next year. Here are the 10 tech startup finalists that were in consideration for the Seedstars Lagos Competition.

  • Aliko Dangote Wants Oil Price To Remain Low For The Sake Of Oil-Rich Nigeria

    revenues of more than $1 billion By Peter Pedroncelli, 7:13 pm

    It may seem counter-intuitive, but Africa’s richest man, Aliko Dangote has been quoted as saying that he wishes for the oil price to remain low, with his oil-rich Nigerian homeland in mind. Speaking at the United Nations general assembly in New York, the business leader told investors about Nigeria’s potential as an agricultural powerhouse, as well as his prayers with regards to the oil price

  • 10 Popular Instant Messaging Apps That Connect Users In Africa

    By Peter Pedroncelli, 5:50 am AFKI Original

    Instant messaging apps have become indispensable for most modern smartphone users, and Africa is no different, with a number of popular mobile applications being used around the continent. Engaging with friends and family has never been easier, with mobile phones equipped to facilitate messaging via these apps, making communication affordable and more accessible than ever before for African users.

  • Google Launches YouTube Go Mobile App To Combat Slow Speeds In Nigeria

    Google CEO Sundar Pichai takes a selfie with Nigerians during his visit to the country. Photo - TechDemi By Peter Pedroncelli, 10:57 am

    A specialized version of the the Google-owned online video service, called YouTube Go, has been made available to Nigerian users through the launch of a mobile app in the country. The U.S.-based company announced that the YouTube Go app is now available for initial public download in Nigeria. Google chief executive Sundar Pichai and his team visited Nigeria in July to unveil a YouTube version built for Nigerians with slow internet speeds.

  • Major South African Supermarket Pilot Testing Bitcoin As Payment Method

    By Peter Pedroncelli, 6:12 am

    Shoppers in Cape Town will, for a limited time, be able to use bitcoin as a payment method for groceries and services at a Pick n Pay supermarket store in the South African city. In what is potentially a world-first for a major supermarket chain, customers at Pick n Pay’s head office campus store in Cape Town will be able to use the bitcoin cryptocurrency for their purchases on a pilot basis.

  • South Africa Establishes First Data Science Academy With $3.8M Investment

    The Explore Data Science Academy is the first of its kind in South Africa. Photo - Techcentral By Peter Pedroncelli, 6:23 am

    The first data science training academy has been established in South Africa, with a $3.8 million investment by Business Connexion Group (BCX) enabling the launch of the academy. The substantial investment from information and communications technology firm, Business Connexion Group, has gone towards the establishment of the Explore Data Science Academy, which will aim to satisfy the growing demand for big data analytics and related skills in the country.

  • Safaricom Upgrades M-Pesa Platform Ahead Of Enhanced Features

    Mobile e-commerce payments - The M-Pesa platform has been upgraded in order to facilitate enhanced features. Photo: M-Pesa By Peter Pedroncelli, 4:26 am

    East African mobile giant Safaricom’s M-Pesa has been upgraded so that enhanced features can be added to the mobile money transfer platform. The popular Kenyan money transfer system was upgraded last week, with a service interruption of 13 hours explained as necessary to enable new features which will be added to M-Pesa in the coming months for the benefit of their 26 million customers.

  • Business Opportunity: Africa’s Largest Tech Incubator Has A Wish List

    tech incubator - Aaron Fu is the new managing director of Meltwater Entrepreneurial School of Technology. Photo - Forbes By Peter Pedroncelli, 6:35 pm

    Aaron Fu was recently appointed as the new managing director of Meltwater Entrepreneurial School of Technology, a training program, seed fund and Africa’s largest tech incubator based in Ghana. The incubator has links throughout Africa, and since launching in 2008 it has already invested over $20 million in African startups. Over 350 individual entrepreneurs have graduated from the training program and over 30 tech startups have been launched thanks to its support.

  • South Africa’s Fintech Adoption Expected To Grow Rapidly In Coming Years

    Fintech adoption rates expected to soar in South Africa. By Peter Pedroncelli, 6:40 am

    South Africa’s fintech adoption rate is expected to experience a surge in the near future, with the country’s uptake of fintech services set to be greater than the global average. Africa’s most industrialised economy is forecast to enjoy a future fintech adoption rate of around 71 percent in the coming years, which is far higher than the average global growth rate of 52 percent, according to global accounting and consulting firm Ernst and Young.