An Egyptian tech school is shattering stereotyping in tech by enabling more women to learn programming, coding, and elements of building websites. AlMakinah initiated a program for women, “The Women in Tech Track,” with the aim of addressing the imbalances in gender. “The program includes sessions on front-end web development, data visualization, digital marketing and workshops on confidence and resilience and talks by industry experts about the tech field,” Hoda Hamad, program manager, said
Business: Latest News
Staff, 8:02 am
Mastercard released its first South African SpendingPulse report. The report, published worldwide, is based on transactions across every payment medium – including cash, wire transfers, and credit cards. This equates to over 80 billion transactions processed annually in 210 countries, and provides an accurate representation of consumer spending habits. Sarah Quinlan, senior vice president for Mastercard, indicated that one of the biggest changes in shopping trends came after the 2008 recession.
Staff, 2:46 pm
SA property companies should use tough economic times to strengthen themselves for the future, says research and advisory group, Grant Thornton.Real estate firms are no strangers to cyclical disruption, especially the likes of which the local market is experiencing at the moment; but to prosper in the future, the industry must enhance its capabilities to manage new types of disruptions. Lee-Anne Bac, Grant Thornton, believes SA property firms cannot rest on their laurels in difficult conditions.
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.
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
Kurt Davis Jr., 4:31 pm AFKI Original
Betting on oil and gas prices these days is part-art and part-fun for bankers and investors, but major oil giants Total seem to be backing East Africa. Numerous pipelines for oil and gas are under construction across the African continent, and may be something for investors to monitor closely. Gas is the third largest fuel source in the global primary energy mix and the second largest source in power generation, contributing 24 percent and 22 percent to each market respectively
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.
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.
Dana Sanchez, 5:07 am
Tanzanian American Kay Madati is headed to Twitter to try his hand at growing sales and marketing opportunities to media companies. Named head of content partnerships, he is taking over from Ross Hoffman, who stepped down in May as Twitter’s vice president of global media after seven years. Madati is no stranger to the entertainment side of social-media giants. Before BET, he was head of entertainment and media global marketing solutions at Facebook.
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.
Kurt Davis Jr., 5:18 pm AFKI Original
While some African supermarket chains are achieving success, Kenyan brands Nakumatt and Uchumi are struggling badly. Smaller countries, such as Mozambique and Namibia, provide bigger opportunities for expansion (and returns) compared to East African nations. One can better manage growth expectations and costs in neighboring southern African countries, including Zambia, than in the rising East African giants.
- Real Estate