Airbnb has made a commitment to invest $1 million in community-led tourism projects across the African continent over the course of the next few years. Airbnb, the mobile app-based hospitality booking site which allows people to make their homes or spare rooms available to visiting guests for a fee, will invest $1 million in community-based African tourism projects between 2018 and 2020.
Culture: Latest News
Peter Pedroncelli, 5:41 am
E-commerce giant Jumia have expanded their online small business loans program to more markets across the African continent. Jumia, Africa’s first startup unicorn, has extended the program they launched in May, providing the small scale loans to merchants in all of the African countries in which it operates. Jumia has partnered with San Francisco-based mobile lender Branch to provide the loans to vendors, with the program proving successful in Kenya since May.
Peter Pedroncelli, 5:13 am
Uber is committing itself to the Egyptian market despite economic difficulties in the country, announcing a new support center in the capital that will see an investment of $5 million. The taxi-hailing startup has launched a support center in Cairo, with $5 million set to be spent on the project over the next five years, creating employment for 700 Egyptians as a result. Uber had two million users and provided jobs for 60,000 drivers in Egypt last year.
Peter Pedroncelli, 8:23 am AFKI Original
Africa is fast becoming a key global tech market, and many of the tech leaders of tomorrow are emerging from the continent. Well-educated, innovative and with leadership qualities that make them stand out among their peers, Africa’s current crop of young tech influencers are impressive. From techpreneurs to investors, business leaders to top innovators, this list of African tech personalities who are under 40 years of age is testament to the growing influence that Africa has in a global context.
Kurt Davis Jr., 6:04 am AFKI Original
Today the airline industry in Africa is drastically different from a decade ago. The economic growth in the region and improved political stability underpin increased international traffic on the African continent, and perhaps it is time for Africa to have its own global private airline. Estimates place Africa as the third fastest growing region in this category, trailing only the Middle East and Asia Pacific.
Tom Jackson, 1:51 am AFKI Original
The African tech accelerator space and the continent’s fashion industry might seem as far apart as any two spaces could possibly be, but this is changing. There are even accelerator programmes now – one such being Metta in Kenya – for fashion designers to apply tech to their businesses. Tech in fashion is helping to prepare the next generation of designers, assisting them by using information and communication technology to sell more of their products while gaining better visibility.
Peter Pedroncelli, 1:15 am AFKI Original
The shortlist of finalists for the Appsafrica.com Innovation Awards 2017 was recently announced, with a number of apps considered in the fintech and m-commerce categories. The awards celebrate the best in mobile and tech ventures from across Africa, with various categories included to recognize mobile apps that impact numerous industries and sectors. The annual awards attracted over 300 submissions from across 31 countries, with the winners announced at the awards party in Cape Town on Nov. 6.
Peter Pedroncelli, 5:24 am
Somalia’s first innovation tech hub has officially opened in Mogadishu, supporting the growth of tech startups in the African country. The tech hub in the Somali capital is called iRise Hub, and it provides a co-working space, as well as research, incubation, and acceleration services for new startups. This is a first for Somalia, but Tech hubs continue to drive innovation across Africa, with 314 hubs currently operational in 93 cities across 42 countries.
Staff, 6:54 am
Senegalese start-ups are testing the market for online music platforms in West Africa, where interest in digital entertainment is growing but a lack of credit cards has prevented big players from making inroads.Long celebrated in Europe for their contribution to “world” music -with Mali’s Salif Keita, Senegal’s Youssou N’Dour and Benin’s Angelique Kidjo household names in trendy bars – West African musicians struggled to make money back home, where poverty is widespread and music piracy rampant.
Kurt Davis Jr., 6:40 pm AFKI Original
Africa’s two biggest economies will have an election in 2019 with many observers and investors speculating on the side-effects of the political process on both economies, especially if fallout comes about before or after the process takes its due course. Perhaps Kenya’s current and past presidential election experiences can serve as a lesson for those two African powerhouse nations, in order for negative outcomes to be mitigated.
Peter Pedroncelli, 5:42 am
South Africa’s largest mobile carrier, Vodacom, is set to undergo a massive rebranding of the company in an effort to open up additional business opportunities with regards to an increasingly digital future. The update in branding is a global effort, with parent company Vodafone leading the change with a new logo (pictured below) and tag line which states: “The Future Is Exciting, Ready?”. The new logo enables 2D visualisation, with 34 countries set to experience the change.
- Real Estate