Ghana: Latest News

  • Initial Coin Offerings Provide Opportunities For Investors, But Caution Is Advised

    South African entrepreneur Vinny Lingham raised $33 million with an initial coin offering. Photo - CoinTelegraph By Tom Jackson, 1:36 pm AFKI Original

    Initial coin offerings are when a creator of a digital currency makes coins available for public purchase to raise money for a project. This is what South African Vinny Lingham recently did, raising $33 million in an initial coin offering run by his U.S.-based company Civic, which is building a digital identity verification platform. There are opportunities for investors in this space, but perils remain.

  • 12 African Nations With The Highest Internet Contribution To GDP

    Internet contribution - The Internet contributes a great deal to Senegal's economy. Photo - African Business Magazine By Peter Pedroncelli, 6:07 pm AFKI Original

    The internet continues to be a driver of business and economies the world over, and the internet contribution to GDP is an interesting barometer of growth. Africa’s average internet contribution to GDP was only 1.1 percent in 2012, or about half the level seen in other emerging economies. This has positive implications for the potential growth of e-commerce and internet-based businesses on the continent.

  • Opinion: Africa Is The Next Frontier For Design And Advertising Innovation

    Design and advertising innovation in africa By amcdermott, 12:22 pm AFKI Original

    Hailing from Jamaica, but American by way of higher education and culture, I’ve spent much of the last three years in countries around Africa, and I am excited by the potential for design and innovation there. I’ll go to a restaurant with friends in Maputo and fumble around for my credit card to cover the bill. By the time I look up, someone’s laughing at me because they already paid the bill in 10 seconds from their phone with M-Pesa. From Asia and Central America came tailors and tactile labor, from India came software engineers, and soon, from Africa, will come creatives.

  • Botswana Teachers Learn Basic Coding In Preparation For Africa Code Week 2017

    Africa Code Week 2017 By Peter Pedroncelli, 7:13 am

    In preparation for Africa Code Week 2017, which will take place throughout the continent in October, hundreds of teachers in Botswana have learned basic coding skills. Thanks to a partnership between the Ministry of Basic Education in Botswana and software development group SAP, over 400 teachers within the country now have a basic level understanding of how to code. In 2016, 426,000 youngsters across 30 countries learned to code over a nine-day period.

  • Opinion: 4 Potential Candidates For Goldman Sachs To Buy Up Debt In Sub-Saharan Africa

    Gas and oil-rich Nigeria provides an opportunity for banks willing to buy up government debt. Photo - Hope for Nigeria - sub-Saharan Africa By Kurt Davis Jr., 5:57 am AFKI Original

    The story of American bank Goldman Sachs buying $2.8 billion worth of Venezuela government bonds back in May stirred a, perhaps unwarranted, backlash from the morality police, but it gave the country’s government a much needed financial windfall, and made money for the banks involved. With that in mind, and similar opportunities available in sub-Saharan Africa, we offer Goldman Sachs a few candidates in the region to put on their radar.

  • 12 African Countries Best Prepared To Defend Against Cyber Attacks

    Anonymous Africa launches cyber attack against SABC over censorship. Photo - TVwithThinus By Peter Pedroncelli, 4:17 pm AFKI Original

    Cyber attacks are more prevalent these days, and it is important for countries to have a strategy to defend against these kinds of online attacks. Africa is no different, and strategies and organizations need to be in place in order to defend against hackers looking to penetrate key systems or networks that need to remain secure for the public good. Some African countries have considered this threat, and are fairly well-prepared to defend against such attacks.

  • Three African Innovators Awarded For Their Game-Changing Technology

    African innovators - Egyptian innovator Aly El-Shafei wins $100, 000 Innovation Prize for Africa. Photo Twitter By Peter Pedroncelli, 4:27 am

    Three African innovators have been awarded prizes for the impressive innovations that they have conceived and brought to life, as part of the Innovation Prize for Africa 2017. Aly El-Shafei of Egypt was selected as the grand prize winner, with Philippa Ngaju Makobore of Uganda securing the second prize, and Dougbeh-Chris Nyan of Liberia winning the special prize for social impact. The three winners saw their efforts in creating healthcare and energy efficiency-related solutions acknowledged, with prize-money rewarding their hard work and ingenuity.

  • 10 Final Nominees For The 2017 Innovation Prize For Africa

    Innovation Prize For Africa - Dougbeh-Chris Nyan's rapid diagnostic test is one of the innovations that are being recognized. Photo - VenturesAfrica By Peter Pedroncelli, 6:19 pm AFKI Original

    This week a world-class African innovation will be recognized at an event in the Ghanaian capital, as the winner of the 2017 Innovation Prize for Africa is officially revealed. A total of 10 nominees were unveiled by the African Innovation Foundation in June, and one of these innovative individuals will be announced as the winner at the Mövenpick Ambassador Hotel in Accra, Ghana on July 18.

  • Ghana Completes Radio Telescope Conversion For Square Kilometre Array

    SKA radio telescope - square kilometre array By Peter Pedroncelli, 4:34 am

    In an important milestone for the Square Kilometre Array project, Ghana has successfully converted a redundant telecommunications antenna into a functioning radio telescope. The 32m converted telecommunications antenna at the Ghana Intelsat Satellite Earth Station at Kutunse is now operational as a very long baseline interferometry (VLBI) radio telescope, forming part of plans for the Square Kilometre Array.

  • Africa Tech Summit Confirms Future In ICT

    tech summit By Staff, 11:01 am

    Panelists at the 4th Tech 360 Africa Summit held in Accra have unanimously agreed that the technology space in Africa holds an outstanding promise and will require stakeholders in the Information, Communication and Technology to pursue the technology market in order to accelerate Africa’s development efforts.Contributing to panel discussions on several key topics on technology and innovation, the participants were of the opinion that innovation has become a critical aspect of the global economy.

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