Peter Pedroncelli

  • Major South African Supermarket Pilot Testing Bitcoin As Payment Method

    Payment method - A Pick n Pay store in Cape Town is pilot testing bitcoin payments. Photo: Pick n Pay 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 To Enable Mobile E-Commerce Payments

    M-Pesa 1Tap is a new near field communication payment option 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 African Fintech Adoption Expected To Be No. 3 In The World

    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.

  • 10 Of The 20 Startups Selected For The World Bank’s XL Africa Accelerator

    XL Africa By Peter Pedroncelli, 6:38 pm AFKI Original

    The World Bank Group is committed to supporting the growth of Africa’s digital economy through XL Africa, a business acceleration initiative that is providing a raft of benefits for the 20 most promising startups in sub-Saharan Africa. These African digital entrepreneurs have an opportunity to be mentored by various global specialists, increase their visibility on the continent and receive access to corporate partners and investors.

  • Somalia Launching Its First Innovation Tech Hub In Mogadishu

    Somalia's first ever innovation tech hub, iRise, has launched in Mogadishu. Photo - Techcabal By Peter Pedroncelli, 7:37 am

    Somalia’s first innovation tech hub is set to open in Mogadishu this September, supporting the growth of tech startups in the country. The tech hub based in the country’s capital will be called iRise Hub, and will provide a co-working space, as well as research, incubation, and acceleration services for new startups. While connecting, collaborating and sharing ideas, Somali entrepreneurs at iRise Hub will aim to further develop the tech sector in the country.

  • New DotAfrica Internet Domain Attracts Thousands Of Registrations

    New DotAfrica Internet Domain Attracts Thousands Of Registrations - DotAfrica internet domain finally online in July. Photo - KMB By Peter Pedroncelli, 4:45 am

    The new dotAfrica internet domain continues to attract interest, with thousands registrations taking place for the top-level domain. The dotAfrica top-level internet domain attracted over 8,000 registrations since its launch in July this year, displaying a popularity for the domain among businesses, organisations and individuals, with brands such as banks and media companies ensuring that they captured a domain for themselves.

  • New Tech Listing Set For The Johannesburg Stock Exchange

    A new tech listing for the JSE - 4Sight Holdings. By Peter Pedroncelli, 6:15 am

    The Johannesburg Stock Exchange is set to welcome a new tech listing in October, with data technology company 4Sight Holdings joining the South African bourse next month. The development represents the first new tech listing on the Johannesburg Stock Exchange in almost three years, with 4Sight Holdings listing on the JSE’s Alternative Exchange – AltX. The last JSE tech listing was Cartrack in 2014.

  • 13 African Countries With The Strongest Militaries

    The South African army is among the strongest militaries in Africa South African army Photo: weeklytimesofindia.com By Peter Pedroncelli, 10:14 am AFKI Original

    Africa is home to some of the strongest militaries in the world, with one North African country in particular featuring in the top 10 of the global list. Global Firepower produces an annual military ranking that takes into account 50 factors to determine a list of the most powerful armies in the world from a selection of 133 countries. Here are the 13 African countries with the strongest militaries.