Mauritius: Latest News
Tom Jackson, 6:55 pm AFKI Original
Africa as a continent must do better with regards to cybersecurity. With cybercrime on the increase globally, and recent major attacks such as WannaCry, more must be done to secure cyberspace in the continent that has been especially poor at doing so. According to the recent 2017 Global Cybersecurity Index, only two countries on the continent – Mauritius and Egypt – are in the leading stage of demonstrating high commitment to cybersecurity.
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.
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.
Staff, 9:50 am
The second edition of the Global Cybersecurity Index 2017, released earlier this week by the International Telecommunications Union (ITU), an agency of the United Nations, measured the commitment of ITU Member States to cyber security and highlighted a number of illustrative practices from around the world. The survey measures the commitment of countries to cyber security based on five pillars namely: legal, technical and organizational measures, capacity building and international cooperation.
Peter Pedroncelli, 5:47 am
French telecommunications operator Orange have announced the launch of an African startup investment initiative that will support innovative startups across the continent. Orange has earmarked $56 million for investment, with half of it set to be invested indirectly through funds that specialize in the digital sector. The other half of the funds will go towards the creation of a new initiative, called Orange Digital Ventures Africa, which will invest directly in African startups within a number of industries including logistics, e-commerce, transport, energy, fintech, and e-health businesses.
Peter Pedroncelli, 3:20 am AFKI Original
The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.
Staff, 9:41 pm
Many South African business leaders say that malaria is among the top reasons they do not travel to other African countries. The world’s first malaria vaccine will undergo trials in Kenya, Ghana and Malawi in 2018, possibly heralding victory over a disease that still kills close to 500,000 people a year, mainly Africans. Although health is a cardinal element of the human development index, this is not a health story, but an economic and a human story. Africa’s bid for economic self-reliance stands to benefit from a malaria vaccine.
Dana Sanchez, 4:53 pm
An IPO today on the Johannesburg Stock Exchange introduced a new option for investors who want to add African exposure to their portfolios. The AMI Big 50 ex-SA ETF offers 50 African blue-chip companies outside South Africa. The IPO is a world first – an ETF offering exposure to a pan-African index that excludes South Africa. “A lot of people do worry about the liquidity risk, but being an ETF means that there is a secondary market on the JSE which allows investors in smaller quantities to trade exposure in and out of Africa,” a stakeholder said. The ETF is managed by Cloud Atlas, which plans to launch two more Africa-focused ETFs by July.
Peter Pedroncelli, 3:25 am AFKI Original
Many of us take access to electricity for granted, but only two out of every five people in Africa have decent access to energy to power lights and other electrical appliances throughout the day. Around 625 million people in Sub-Saharan Africa have no access to electricity, according to the International Energy Agency. We take a look at 12 Sub-Saharan African countries with the best access to electricity.
Staff, 12:01 am
The fall in African private equity investment in 2016 could be a short-term blip. Among the losers was US-based Carlyle, one of the world’s winningest investment firms. Carlyle invested $147m in Nigeria’s Diamond Bank in 2014. The bank’s market cap fell by 90% over the subsequent two years. Bob Geldof’s PE firm 8 Miles just invested in Blue Skies, a British fruit firm that operates in Africa. Utilities including telecoms were the most popular target for private equity investment in 2016. West Africa was the most active region.
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