Uganda: Latest News
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.
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.
Peter Pedroncelli, 4:44 pm AFKI Original
While e-commerce growth in Africa continues to take place at a faster rate with each passing year, there continue to be barriers that hamper development of e-commerce on the continent. The current share of consumer e-commerce by African enterprises is below 2 percent, and has great potential. By 2018, the African e-commerce market is projected to be worth around $50 billion, from just $8 billion in 2013, according to the International Trade Centre.
Staff, 10:02 am AFKI Original
Edtech has the chance to increase the access to education for Africans by benefiting of the rising internet penetration rates. From raising literacy levels in poor rural areas where education infrastructure is lacking, to complementing the existing courses at Africa’s top universities, remote learning using educational technology is flexible and versatile.
Peter Pedroncelli, 7:23 am
Sub-Saharan Africa is set to be the fastest growing region in the world in terms of mobile subscriptions over the current five-year period, with over half a billion mobile subscribers expected in the continent by 2020. A new research report from industry body Groupe Spéciale Mobile Association (GSMA) confirms that the African region will experience phenomenal growth from a mobile subscriptions perspective until the end of the current decade.
Peter Pedroncelli, 6:28 am
Huawei, a Chinese smartphone manufacturer and ICT solutions firm, and WorldRemit, a digital money transfer business, have joined forces in the African context, allowing Huawei to offer WorldRemit’s international money transfer service to African customers. Mobile money services have gained great traction across Africa, with a large unbanked population in many parts of the continent able to transact via their mobile phones.
Kurt Davis Jr., 5:25 am AFKI Original
While Donald Trump continues to dominate the headlines, the major storyline from the recent G20 meeting may be that Germany’s Chancellor Angela Merkel is taking charge on the global stage, and at the top of her agenda is African development. While climate change is still an important focus for the G20, there were a number of strategic initiatives that came to the forefront with regards to Africa.
Tom Jackson, 8:41 am AFKI Original
African tech hubs play a crucial role in the business development of tech startups, but many of them are struggling for sustainability. Hubs must understand the local ecosystem within which they operate, as well as the needs of their customer startups, keeping in mind that there is no one-size-fits-all approach that works perfectly for all tech hubs on the African continent.
Staff, 10:25 am
VCs and startup founders rarely pay attention to slow-moving but powerful macro global events, especially with so many fast-moving things to focus on at the micro level, like technology, teams, and trends. While VCs and startup founders often are the earliest to know about technological advances bubbling from the bottom up (while public-market hedge fund and global macro investors find out about them only later), they often are the last to know about global macro forces that may impact them.
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.
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