Ghana: Latest News

  • 5 Things To Expect From African Tech In 2017

    By Tom Jackson, 4:42 am AFKI Original

    Another year, another milestone for the African technology space. With things developing at a rapid pace, it is hard to predict what will be the next big innovation in this exciting sector. Let’s have a go, in any case. Drones seem to have been a topic of discussion for a long time, yet in Africa we haven’t seen much of them. That is probably about to change. The continent is no longer deemed a risky place to do business, but rather digital’s “final frontier”.

  • Uber, Airbnb Are Most Valuable US Tech Startups Doing Business In Africa

    most valuable US tech startups doing business in Africa By Dana Sanchez, 1:45 pm

    In the process of tapping into the sharing economy, Airbnb tapped into a relatively unfilled niche in Africa — the need for reliable, mid-range accommodation in African cities. Doing so helped Airbnb become the second most valuable U.S. startup in 2016. Valued at $68 billion, Uber is the most valuable startup in the U.S. and across the globe — proof that you can get rich by sharing.

  • Mobile Money Services Like M-Pesa Key to Poverty Reduction In Africa

    Mobile Money Revolution By Kevin Mwanza, 6:32 am

    M-Pesa, the world’s largest mobile money network, could be the key to poverty eradication in the developing world based on its success in Kenya where almost 200,000 households headed by women are living above the poverty line as a result of the innovation, according to a study by Journal Science. The service, owned by telecom service provider Safaricom has economically improved the lives of many families in rural parts of East Africa’s biggest economy in the last six years.

  • 5 Major Developments That Shaped Africa’s Tech In 2016

    fintech distributed ledger tech By Tom Jackson, 2:01 am AFKI Original

    Africa is increasingly establishing itself as a hotbed of tech innovation, and 2016 was packed with further progress. From Cairo to Cape Town, from major players to the smallest startups, African tech is developing at a startling pace. But what were the major developments on the tech scene over the course of 2016? Increasingly, investors are seeing Africa as an opportunity rather than a risk, and the tech space in particular is proving itself able to withstand the general slowdown.

  • Small African Economies With Big Debt Burdens In 2017

    small African economies with big debt By Kurt Davis Jr., 8:15 am AFKI Original

    Mozambique had a tough 2016. The country is unable to pay its debt until gas revenues are available after 2021. Public debt is expected to be near 130 percent of GDP by the end of 2016. The IMF continues to help Mozambique negotiate with creditors – a bright spot considering the IMF suspended aid to the country in April after evidence of $2 billion in hidden loans came to light. This “hidden debt” by state-owned firms has destroyed creditors’ trust in Mozambique.

  • 15 African Sporting Highlights From 2016

    World Championship Double - Wayde van Niekerk - Rio 2016 Olympic Games By Peter Pedroncelli, 3:23 am AFKI Original

    The year 2016 has provided African sports fans with numerous moments to be proud of, with many African Sporting highlights that stand out after reflecting on the year that was. Sport can always be relied upon to lift the spirits of fans, and give everyone something to celebrate, even during difficult times. That is the beauty of sport. We gathered 15 highlights in African sport from the year 2016.

  • Ghana’s Kwadwo Asamoah Asks Not To Be Picked For AFCON

    Kwadwo Asamoah - Juventus By Peter Pedroncelli, 5:42 am

    Ghana international Kwadwo Asamoah has asked for coach and national team selectors to not include him in the Black Stars squad for the 2017 Africa Cup of Nations. At a time when most players are working hard to earn a call-up to their national teams ahead of the premier continental competition, which takes place in Gabon this January, the Juventus midfielder is going against the grain, asking Ghana coach Avram Grant to let him opt out of the Nations Cup.

  • An Investment Banker’s 54 Wishes For African Economies In 2017

    54 Wishes For African Economies in 2017 By Kurt Davis Jr., 4:29 pm AFKI Original

    A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.

  • Orange Signs New Sponsorship Deal With The Confederation Of African Football

    Soccer sponsors - Confederation of African Football. Tigo - Sponsor African Soccer By Peter Pedroncelli, 5:37 am

    Telecommunications giant Orange has concluded a new long-term partnership deal as official sponsors for the Confederation of African Football (CAF) flagship competition. The new eight-year deal will see the France-based company confirmed as an official sponsor of five major CAF competitions from 2017 to 2024, beginning with the 2017 Africa Cup of Nations (AFCON) in Gabon this January.

  • CAF Reveals Nominees For Various Soccer Award Categories

    Alex Iwobi - Soccer Award Categories By Peter Pedroncelli, 2:30 am AFKI Original

    While much of the focus inevitably falls on the African Player of the Year accolade, the various nominees for other soccer award categories have been revealed by CAF ahead of the gala event in January. The additional categories included Women’s Player of the Year, club and national teams of the year, coach of the year and accolades for promising young players.

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