Zambia: Latest News
Staff, 7:45 am
African space programs are nothing new. In 1964 Edward Mukuka Nkoloso, self-appointed director of Zambia’s national space program, wanted to beat the USA and the Soviet Union in the space race, and landing a Zambian on the Moon. Using unconventional techniques, such as spinning students around a tree in an oil drum, Nkoloso trained 12 astronauts. He was unsuccessful. Fortunately Africa’s space programs now look much more promising. In the last decade the continent has entered a space race.
Peter Pedroncelli, 7:53 am
U.S. solar startup Fenix International is expanding its partnership with Africa’s largest telecommunications provider MTN in order to provide electricity to Africans who do not have access to an electricity grid. The San Francisco startup brings power to under-served areas thanks to the provision of their solar-power systems, and their extended partnership with MTN Group in Zambia will mean electricity access for an additional million new users in the country over the next three year period.
Staff, 10:35 am
Pan-African telecommunications service provider, Internet Solutions, has deployed the company’s first Point of Presence (PoP) in Madagascar. The company has commissioned a PoP in Zambia. Murray Steyn of Internet Solutions said: “We can boast a significant managed services network on the continent because of our investment in infrastructure partnerships with service providers.” “This means we are able to deliver scalable, tailored ICT services across Africa and now in Madagascar,” he adds.
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.
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.
Tom Jackson, 3:38 pm AFKI Original
Informal markets represent an incredible opportunity in Africa. In Zambia, for example, the informal sector accounts for 90 percent of employment, and represents well over one million informal businesses. Key areas that need exploring are agribusiness, textiles, timber and forestry, as there are huge opportunities to disrupt smallholder enterprise systems and introduce innovative concepts that can be sustainable and profitable.
Peter Pedroncelli, 10:40 am
South African fintech startup JUMO has announced the appointment of Amazon EC2 founder Chris Pinkham as an active independent director of the company. Cape Town University-educated Pinkham begins work for the South African company with immediate effect, having left his role as vice president of Engineering at Twitter in February this year, and will be working with JUMO’s leadership team on technical and product strategy.
Ann Brown, 5:46 pm AFKI Original
At age 18, Knight Ganje knew he wanted to be a businessman. When a friend invited him to visit Botswana he persuaded his mother to let him go. Once there he started taking odd jobs such as painting to survive until a local entrepreneur decided to mentor him, and the rest is history. Fast-forward 11 years and high school dropout Ganje is at the head of H&G Advertising Group, Botswana’s biggest ad agency with a turnover of $38 million annually and clients that include Unilever, Emirates, Coca-Cola, and Samsung.
Tom Jackson, 3:26 pm AFKI Original
Startups innovate much faster than mobile operators but they lack the wide reach — and customers — that more established companies have. Mobile operators and startups in emerging markets should work together because collaboration could be mutually beneficial, according to a new GSMA report — “Opening Doors: A Start-Up’s Guide to Working With Mobile Operators in Emerging Markets.” Some mobile operators are openly listing their API documentation and integration processes, and are willing to listen to startup founders.
Staff, 8:20 am
African Heads of State and Government present at the recently concluded Transform Africa Summit pledged to advance the continent’s digital transformation. The leaders noted that they recognize the role of information and communication technology (ICT) in fast-tracking development of their countries and the continent in generals.
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