Peter Pedroncelli, 3:17 am
Ahead of Africa Code Week 2017, which will take place throughout the continent in late October, hundreds of teachers in Zambia have learned basic coding skills. Thanks to a partnership between Africa Code Week and software development group SAP, over 350 teachers in Zambia now have a basic level understanding of how to code, and will be able to pass that knowledge on to students in October.
Peter Pedroncelli, 5:01 am
Safaricom, the world’s biggest mobile money operator, is set to launch an e-commerce platform in October that will be focused on supporting and enabling small businesses to sell their products online. The aim of Masoko, as the e-commerce platform will be called, will be to give small and micro businesses access to markets that they would otherwise be unable to reach with their products.
Peter Pedroncelli, 6:14 am AFKI Original
The bigger they are, the harder they fall. Ten tech stocks did poorly on the Johannesburg Stock Exchange over the course of the year which ended on June 30, and investors linked to those particular companies will be disappointed with the performances of their stocks during that period. While big names such as Vodacom and Naspers grew their valuations on the JSE, the likes of Telkom and Blue Label Telecoms lost value over the period.
Peter Pedroncelli, 3:47 am AFKI Original
The Johannesburg Stock Exchange has seen a mixed bag of success and failure for tech stocks over the last year, with some companies managing to provide positive returns for investors while others fell out of favor and lost value. Nine tech stocks in particular did well over the course of the year. While big names such as MTN, Telkom and Blue Label Telecoms lost value over the period, tech stocks such as Vodacom and Naspers grew their valuations on the JSE.
Peter Pedroncelli, 2:36 am
African e-commerce platform MallforAfrica and global market leader eBay have announced a development that builds on their existing partnership to enable the sale of African handmade goods into the U.S.. MallforAfrica and eBay will now provide Africans in Nigeria, Kenya, Ghana, South Africa, and Rwanda with a new platform to sell their unique artisan products into the U.S.
Peter Pedroncelli, 6:50 am
Nigeria has been ranked as the third most affected country in the world for cybercrime, with the West African nation only surpassed by the U.S. and the United Kingdom. The news of Nigeria’s struggle against online crime was revealed by the Nigerian Communications Commission, with the organization’s chief executive officer, Umar Danbatta, mentioning that Nigerians are hardest hit after the Americans and British in first and second place respectively.
Peter Pedroncelli, 5:53 am
Renewable energy firm, GreenWish Partners, which is run by former Morgan Stanley executive Charlotte Aubin-Kalaidjian, has announced plans to invest $800 million on solar-powered telecommunications towers to be built throughout Africa. GreenWish will partner with telecoms provider Orange to implement hybrid telecommunication tower systems that are completely off-grid thanks to the combination of a solar panel, a battery and a diesel generator.
Peter Pedroncelli, 6:24 am
LangBot, an artificial intelligence language teaching chatbot emerged as the winner of Seedstars Ethiopia, the early-stage startups competition that spans the globe and chooses winners from a selection of impressive tech companies. LangBot will now represent Ethiopia at the Seedstars World final alongside the winners of local Seedstars events in Uganda, Tanzania, South Africa, Tunisia and Mozambique, after the gamified chatbot innovation was selected as the best Ethiopian startup at local tech hub Iceaddis on Monday.
Peter Pedroncelli, 7:59 am AFKI Original
In business terms, countries with the fastest broadband speeds have a distinct advantage over others, and this is especially true for Africa. The research took into account 189 countries, including most African nations ranking them from first to last with regards to average speeds that users experience in those countries. Singapore ranks as the world’s fastest country with speeds of 55.13Mbps, while Yemen is in last place in the ranking at an average speed of only 0.34Mbps.
Silicon Valley Incubator Funds Nigerian-American Startup To Help African Businesses Find Trustworthy PartnersBy Peter Pedroncelli, 4:29 am
Solving one of the most frequently sited problems in Nigerian agribusiness, Nigerian-American startup Releaf facilitates a business-to-business marketplace that enables Nigerian businesses to find customers and partners that they can trust. The startup, which is currently taking part in Y Combinator, has signed up around 1,000 African businesses since its public launch in Nigeria at the start of August.