Business: Latest News
Peter Pedroncelli, 4:30 am
Seven South African biotech, health, agro-processing, and manufacturing projects have received a funding boost from the Cape Craft and Design Institute (CCDI) through their Design Innovation Seed Fund (DISF) initiative. The grants, which form part of the Cape Craft and Design Institute’s second round of seed funding, will allow for the innovative projects to be developed for use in a variety of sectors that will benefit from the ideas in development.
Peter Pedroncelli, 3:09 am AFKI Original
African consumers are increasingly able to enjoy numerous global tech brands due to a growing middle class on the continent that is savvy and mindful of what brands can offer them. Many of these brands have earned the admiration and loyalty of African consumers, with BrandAfrica ranking them in terms of the most admired brands from an African perspective. We take a look at 12 of the most admired global tech brands according to Africans.
Staff, 8:25 am
The U.S. must increase investments in Africa, especially as China makes its own forays into the continent, and encourage economic development.
Staff, 8:11 am
Allard Luchsinger is the director for private equity at the Dutch-based venture fund, Velocity Capital Private Equity. The company specializes in fintech early-stage investments. Luchsinger shared what motivated his organization to invest in two African start-ups over the last year.
Staff, 7:34 am
Perhaps it is up to tech innovators to explain to policymakers the practicalities of what their industries need to succeed and meaningfully contribute to the economy
Staff, 10:03 am
Strategy, promotion and partnerships are critical elements. What did panelists at the recent Africa Tech Summit London think were the major challenges to launching and monetizing tech solutions on the continent?
Staff, 9:33 am
The African Business Angels Network (ABAN) has announced it will host the fourth edition of its African Angel Investor Summit in November, with this year’s event moving to Cape Town for the first time.
Staff, 8:48 am
According to the African Private Equity and Venture Capital Association (AVCA), a total of US$6.5 billion has been raised for African PE from 2011 to 2016.
Peter Pedroncelli, 7:57 am AFKI Original
Many of the countries with the poorest access to electricity are in Africa, with around 625 million people in sub-Saharan Africa devoid of any access to electricity whatsoever. Due to issues such as insufficient capacity, poor reliability, and high costs, only around 32 percent of the population within sub-Saharan Africa have access to electricity. We take a look at 12 Sub-Saharan African countries with the poorest access to electricity.
Peter Pedroncelli, 7:22 am
The Rwandan government’s partnership with Microsoft is benefiting efforts to roll out online education initiatives that are envisaged to become standard across the country in the next three years. The giant American multinational technology company is working with the Rwandan authorities in the pursuit of their short and long-term objectives to make Rwanda a digital learning pioneer on the African continent. By June this year, the Rwandan government is aiming to see around 50 percent of all subjects taught online.
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