South Africa: Latest News

  • Facebook’s Developer Circles Initiative Launching In Four South African Cities

    Developer Circles - Facebook Africa office. Photo - Twitter By Peter Pedroncelli, 7:05 am

    Facebook plans to roll out its Developer Circles initiative in four cities across South Africa, which serves to allow members to interact and learn about developing on the social media platform. The free community-driven initiative will now be available to developers in Johannesburg, Cape Town, Durban and Pretoria. Developer Circles members meet up on a regular basis to discuss projects that they are working on and assist each other in solving problems.

  • Google’s Emerging Markets Startup Accelerator Expands To More African Countries

    Google CEO Sundar Pichai takes a selfie with Nigerians during his visit to the country. Photo - TechDemi By Peter Pedroncelli, 6:02 am

    Google’s emerging markets startup accelerator, Launchpad, has expanded to seven additional African countries from the original three eligible for the program since May of this year. This means that growth stage startups in Algeria, Egypt, Ghana, Morocco, Tanzania, Tunisia, and Uganda can now apply to be part of the accelerator program. Previously the only three African countries considered for applications were South Africa, Kenya and Nigeria.

  • 10 Ways In Which Drones Are Positively Impacting Industries Across Africa

    pioneering digital media projects By Peter Pedroncelli, 8:25 am AFKI Original

    There are a number of ways in which drone technology is positively impacting industries in Africa, with numerous sectors benefiting from the advantages that drone tech provides. Previously associated with warfare and destruction, drones of all shapes and sizes are now being developed to tackle everyday issues and empower communities across the continent. From agriculture to safety in shark-infested waters, drones have found their place in a modern African context.

  • South Africa And Russia Sign Cybersecurity Cooperation Agreement

    cybersecurity cooperation agreement By Peter Pedroncelli, 5:50 am

    South Africa and Russia have reportedly signed a cybersecurity cooperation agreement that will see the two BRICS nations working closer together in an effort to strengthen their defenses against cyber threats. The deal was officially signed at the BRICS summit in Xiamen, with high level diplomats from both countries, Sergey Lavrov of Russia and Maite Nkoana-Mashsbane of South Africa, putting pen to paper on the agreement.

  • 10 Challenges For Mobile Operators In Sub-Saharan Africa To Negotiate

    Mobile operators - Africa set to be the fastest growing mobile userbase in the coming years. Photo - Answers Africa By Peter Pedroncelli, 1:03 pm AFKI Original

    Mobile operators in sub-Saharan Africa have a unique set of challenges that they face in the region, but if they manage to overcome these obstacles, success awaits. Sub-Saharan Africa is home to many mobile operators who have dominated their markets, from Vodacom in South Africa to Safaricom in Kenya, but that dominance has not come easy. Now a fresh set of issues stand in the way of further success on the continent.

  • South African IT Firm Completes Sale Of US Business To Fortune 500 Company

    Datatec has completed the sale of Westcon-Comstor’s operations in North America and Latin America to Fortune 500 company SYNNEX. Photo - Msgroup By Peter Pedroncelli, 6:24 am

    South African IT firm Datatec has completed the sale of U.S. subsidiary Westcon-Comstor’s operations in North America and Latin America, as well as 10 percent of Westcon-Comstor to Fortune 500 company SYNNEX. The deal could be worth up to $830 million, with $630 million paid in cash and up to $200 million payable as a cash earn-out, subject to Westcon Americas meeting pre-approved gross profit performance targets.

  • South African Eating-Out App Raises $175K In Funding From Silicon Valley

    Eating out app By Staff, 7:35 am

    Feastfox, an eating out App from Cape Town, revealed that it successfully closed its Angel fundraising round, raising $175,000 primarily from Silicon Valley-based Angels and VC firms. Feastfox focuses on spontaneous eating out with its “book now, eat now” concept. Co-founder Stuart Murless explains “by raising Angel funding from California venture capital firms and Angel investors, we proved that it is possible to get early-stage, Silicon Valley financing for a mobile startup in South Africa.”

  • World Bank selects 20 startups for XL Africa accelerator

    Africa accelerator By Staff, 5:29 pm

    The World Bank has chosen the 20 startups that will take part in its XL Africa accelerator program, which offers participants help in securing up to US$1.5 million in early stage capital. Disrupt Africa reported on the launch of XL Africa, which will offer startups access to a tailormade curriculum and the chance to receive mentoring from global and local experts. After more than 900 applications were received, the program organizers have now selected the 20 African tech startups to take part.

  • Safaricom Set To Launch E-Commerce Platform For Small Businesses In October

    By Peter Pedroncelli, 5:01 am

    Safaricom, the world’s biggest mobile money operator, is set to launch an e-commerce platform in October that will be focused on supporting and enabling small businesses to sell their products online. The aim of Masoko, as the e-commerce platform will be called, will be to give small and micro businesses access to markets that they would otherwise be unable to reach with their products.

  • 4 African Currencies That Are Under Pressure In 2017

    naira loses 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.

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