Peter Pedroncelli

  • Streaming Video Company Iflix To Take On Netflix In Africa, Sets Up Cape Town Headquarters

    Video streaming service iflix CEO Mark Britt. Photo: Tech in Asia By Peter Pedroncelli, 5:11 am

    Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.

  • 12 Least Attractive African Economies To Invest In For 2017

    African economies By Peter Pedroncelli, 2:08 am AFKI Original

    While Africa is a continent with great investment potential, some African economies have struggled to attract foreign investors. Certain economies have not experienced the positive growth that characterizes many of the nations within the African continent, and as a result they remain unattractive as investment destinations. Quantum Global Research Lab conducted research to produce the 2017 Africa Investment Index based on a variety of factors such as macroeconomic and financial indicators and the World Bank Group’s Ease of Doing Business Indicators. Here are the 12 least attractive African economies to invest in for 2017.

  • World-First Next Generation Digital Identification Technology Created In South Africa To Combat Identity Theft

    A world-first next generation identification technology has been developed in South Africa. Photo: Bigstock By Peter Pedroncelli, 5:11 am

    A world-first next generation identification technology has been developed in South Africa, with applications that could make it invaluable as a tool against identity theft and for law enforcement purposes. Some of Africa’s leading computervision scientists at the University of Johannesburg partnered with aiThenticate Computervision Labs to create the technology. Current identification methods such as passwords, biometrics and facial recognition continue to be thwarted by identity thieves determined to impersonate others to commit criminal acts.

  • Jumia And Mastercard Partner To Boost Cashless E-Commerce In Africa

    Nigerian e-commerce - cashless e-commerce By Peter Pedroncelli, 6:44 am

    Jumia, one of Africa’s fastest growing e-commerce platforms, has partnered with international credit card company Mastercard to make secure and convenient cashless e-commerce a reality in Africa. Africa’s e-commerce industry is experiencing a growth spurt in recent years, and online retailers across the continent are looking to find ways to attract new customers. Nigeria-based Jumia, one of Africa’s most popular online stores, believes that building trust and delivering a better customer experience will accelerate the growth that has been experienced thus far.

  • Tourism Company Plans Bid For Botswana’s National Airline In Privatization Plan

    national airline By Peter Pedroncelli, 5:53 am

    Botswana’s largest tourism company, Wilderness Safaris, is planning to make an official offer to purchase the country’s national airline, Air Botswana, with the government looking to privatize the loss-making state-owned enterprise. In February this year the Botswana government put the airline up for tender, publishing an expression of interest invitation in the media in order to attract interested parties who would like to bid. The country’s transport department made it clear that it would consider bids for Air Botswana.

  • 12 African Nations With The Highest Number Of Internet Users

    Internet Users - African governments commit to affordable internet By Peter Pedroncelli, 7:44 am AFKI Original

    Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.

  • London Stock Exchange To Attract Investment For Kenya’s Energy Industry

    Kenyan government signs memorandum of understanding with London Stock Exchange. Photo - LSE By Peter Pedroncelli, 5:44 am

    The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.

  • Ivory Coast Bolstering Strained Power Grid With New Solar Power Plant

    Solar power plant - South African retailers ranked for renewable energy By Peter Pedroncelli, 8:36 am

    Ivory Coast is planning to build a new solar power plant in the north of the country in order to ease pressure on its already overtaxed power grid. The 25 MegaWatt solar power station will provide further electricity supply to the strained grid in the West African nation, which typically relies on gas and oil-fired thermal plants to produce energy. At a cost of $40 million, the power station will be built by Korhogo Solaire, a subsidiary of Morocco’s Nova Power, and it is expected to be complete by 2018.

  • 12 Tech And Telecoms Companies That Inspire Africa

    Inspire Africa By Peter Pedroncelli, 8:25 am AFKI Original

    Tech companies continue to inspire Africa and Africans through their unique service offering to the continent and the way in which they enhance people’s lives. From renewable energy to telecoms and other tech firms, African consumers are benefiting from a growing tech sector throughout Africa, and certain companies are making waves as inspirational businesses contributing to better lives for the people they serve. Here are 12 tech and telecoms companies that continue to inspire Africa.

  • South Africa’s First Privately Owned Nanosatellite To Be Released Into Orbit

    Privately Owned Nanosatellite - The SCS Gecko Monitor1 will be tested on the South African nanosatellite, the nSight1. Photo - SCS Space By Peter Pedroncelli, 9:53 am

    The nSight1 is the first privately owned nanosatellite which was designed and built in South Africa due for release into orbit from the International Space Station. On Thursday, May 25, the South African nanosatellite will be injected into low-Earth, subject to International Space Station operations, for a mission that will last between 30 to 60 days as the space station orbits the Earth, making history as a result. As part of the group of 28 nanosatellites from a total of 23 different countries that were launched from Cape Canaveral in Florida on 18 April, 2017, the nSight1 was transported to the International Space Station on a Cygnus cargo spacecraft, United Launch Alliance Atlas V rocket.