Peter Pedroncelli, 5:14 am
SA telecommunications giant Vodacom’s minority shareholders voted in favor of plans to acquire a majority share in Kenya’s largest company, Safaricom. The shareholders voted at the telecoms company’s annual general meeting, with 99.59 percent voting in support of the resolution, while only 0.40 percent were against the acquisition. In May Vodacom proposed the purchase of a 34.94 percent indirect stake set to be bought from the Kenyan government.
Peter Pedroncelli, 8:00 am
Malawi is undertaking a massive fibre network project to connect more internet users in the country, thanks to a partnership between Huawei Technologies and the state-owned Electricity Supply Corporation of Malawi (Escom). The national fibre backbone project will see a dedicated investment of $23 million, with fibre implemented across 28 districts within the country, improving internet access and speeds while integrating government operating systems.
Peter Pedroncelli, 6:19 pm AFKI Original
This week a world-class African innovation will be recognized at an event in the Ghanaian capital, as the winner of the 2017 Innovation Prize for Africa is officially revealed. A total of 10 nominees were unveiled by the African Innovation Foundation in June, and one of these innovative individuals will be announced as the winner at the Mövenpick Ambassador Hotel in Accra, Ghana on July 18.
Peter Pedroncelli, 4:34 am
In an important milestone for the Square Kilometre Array project, Ghana has successfully converted a redundant telecommunications antenna into a functioning radio telescope. The 32m converted telecommunications antenna at the Ghana Intelsat Satellite Earth Station at Kutunse is now operational as a very long baseline interferometry (VLBI) radio telescope, forming part of plans for the Square Kilometre Array.
Peter Pedroncelli, 4:44 pm AFKI Original
While e-commerce growth in Africa continues to take place at a faster rate with each passing year, there continue to be barriers that hamper development of e-commerce on the continent. The current share of consumer e-commerce by African enterprises is below 2 percent, and has great potential. By 2018, the African e-commerce market is projected to be worth around $50 billion, from just $8 billion in 2013, according to the International Trade Centre.
Peter Pedroncelli, 6:34 am
Former Dell executive Akin Banuso has been appointed as the new Microsoft Nigeria general manager, bringing over 20 years of digital industry experience to the company. The seasoned tech professional is tasked with leading the company’s digital transformation drive in the West African nation. Nigeria represents an important market for Microsoft, as the continent’s most populous nation and one of the biggest economies in Africa.
Peter Pedroncelli, 7:23 am
Sub-Saharan Africa is set to be the fastest growing region in the world in terms of mobile subscriptions over the current five-year period, with over half a billion mobile subscribers expected in the continent by 2020. A new research report from industry body Groupe Spéciale Mobile Association (GSMA) confirms that the African region will experience phenomenal growth from a mobile subscriptions perspective until the end of the current decade.
Peter Pedroncelli, 6:28 am
Huawei, a Chinese smartphone manufacturer and ICT solutions firm, and WorldRemit, a digital money transfer business, have joined forces in the African context, allowing Huawei to offer WorldRemit’s international money transfer service to African customers. Mobile money services have gained great traction across Africa, with a large unbanked population in many parts of the continent able to transact via their mobile phones.
Peter Pedroncelli, 5:26 am AFKI Original
Tunisia has its own car manufacturer, and it has plans to continue the rise it has experienced in recent years with new designs and a focus on environmentally friendly car manufacturing. Based in La Marsa, the company is still relatively new, as it was only founded in 2006, but it has already made an impact in the market and is selling in Europe, Central America and the Middle East. A pioneer among Arab and African car makers, Wallyscar is determined to succeed in an industry that is dominated by European, American and Asian competitors.
Peter Pedroncelli, 6:42 am
South African medical tech startup Essential Medical Guidance, known simply as EMGuidance, won the South African leg of the Seedstars World competition at the end of June. EMGuidance provides a mobile app, which was launched last year, allowing doctors and medical professionals to source treatment protocols for chronic conditions and information on medication that differs from region to region, giving those in the medical profession the ability to make informed decisions.