Ghana: Latest News

  • 4 African Currencies That Are Under Pressure In 2017

    African currencies By Kurt Davis Jr., 8:02 am AFKI Original

    The economies of sub-Saharan Africa have felt the pain of 2015 and 2016, and African currencies have experienced volatility as a result. The year 2017 has been a partial year of recovery or adjustment, but there remain a selection of African economies that continue to experience issues with their currencies as a reflection of the problems that are affecting them at home. Here we take a look at four prime examples.

  • Africa Responding To Need For Dedicated Skills In The Fintech Space

    Institutions in Africa are now offering programs that teach fintech skills. Photo - Student Brands - Fintech space By Tom Jackson, 1:52 am AFKI Original

    Finding skilled workers is a major barrier to the development of Africa’s fintech space, which is catering to a large unbanked African population through mobile and other avenues, but the market is slowly responding. The University of Cape Town recently became the first university in Africa to offer a specialized fintech degree, and other ed-tech and related startups have come to the party in an effort to fill the fintech skills gap.

  • Ghana Launched First Radio Telescope To Complete For The African Skies

    telescope By Staff, 9:01 am

    Ghana launched its first radio astronomy observatory in an effort to widen knowledge of African skies, catalyze skills development, and attract scientists. A 32-meter wide (104-foot) radio telescope, converted from an old telecommunications dish, forms the heart of the observatory, which is in Kuntunse. Astronomers are eyeing these dishes with plans to turn them into radio telescopes. Ghana’s dish, donated to the government by V odafone, is the first of a number of planned conversions.

  • MallforAfrica And eBay Partner So Africans Can Sell Handmade Goods To US Consumers

    MallforAfrica And eBay Provide Opportunity For Africans To Sell Handmade Goods To US Consumers By 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.

  • Former Morgan Stanley Exec Plans To Invest $800M In African Solar-Powered Telecom Towers

    To Invest $800M In African Solar-Powered Telecommunications Towers By 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.

  • 12 African Countries With The Fastest Broadband Speeds

    Fastest broadband speeds - Internet speeds are increasing across Africa. Photo - QZ By 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.

  • Streaming Video Company Iflix Raises $133M In Funding To Enable African Expansion

    Streaming Video Company Iflix Raises $133M In Funding To Enable African Expansion. Photo - African Business Communities By Peter Pedroncelli, 6:42 am

    Malaysian subscription streaming video service iflix, which is focused on emerging markets, has secured significant funding that will be used to facilitate the company’s African expansion plans. The Netflix competitor announced that it had attracted investments amounting to $133m in new funding round led by U.S. media giant Hearst that was successful due to significant interest from both new investors and existing shareholders.

  • Opinion: Rwanda Is East Africa’s New Tech Development Star, Kenya Falling Behind

    Rwanda has been recognized for its tech development efforts. Photo - The New Times By Tom Jackson, 10:49 am AFKI Original

    While both Kenya and Rwanda admit to the importance of tech development in spurring economic success, the countries have two different approaches. Kenya’s tech development has stalled, mostly on President Kenyatta’s watch, and the government needs to match its rhetoric with action if it is to get it going again. In contrast, Rwanda is earning a reputation as a test kitchen for startups, and a recent report placed the country first in government success in ICT promotion.

  • 10 Innovative Startups Selected To Participate In The 2017 Barclays Accelerator Program

    Fintech startups - Announcing the Barclays Accelerator, Powered by Techstars Cape Town Class of 2017. Photo - Techstars By Peter Pedroncelli, 4:38 am AFKI Original

    The Barclays Accelerator Program, powered by small and medium business empowerment organization Techstars, is a startup program of networking, mentoring and development at Rise, Barclays Africa Group’s fintech innovation hub. Selected from a large group of applicants from 50 countries, Barclays will work closely with 10 chosen startups to explore promising new technology-based solutions that can benefit the financial services industry and their customers.

  • World’s Largest Mobile Virtual Network Operator Chooses South Africa As Regional Launchpad

    Lycamobile is a British mobile virtual network operator. Photo - Taxiadvertising By Peter Pedroncelli, 6:47 am

    British mobile virtual network operator Lycamobile is expanding into Africa, and has chosen South Africa as their first sub-Saharan African market. As the biggest mobile virtual network operators in the world, Lycamobile’s expansion to South Africa will be their first in the region, as well as the 23rd country within their list of global markets.

More Headlines