Date Archives for 2017
Peter Pedroncelli, 9:53 am
The nSight1 is the first privately owned nanosatellite which was designed and built in South Africa due for release into orbit from the International Space Station. On Thursday, May 25, the South African nanosatellite will be injected into low-Earth, subject to International Space Station operations, for a mission that will last between 30 to 60 days as the space station orbits the Earth, making history as a result. As part of the group of 28 nanosatellites from a total of 23 different countries that were launched from Cape Canaveral in Florida on 18 April, 2017, the nSight1 was transported to the International Space Station on a Cygnus cargo spacecraft, United Launch Alliance Atlas V rocket.
Peter Pedroncelli, 4:25 am
Nigeria’s Godwin Benson was selected as the winner of the Royal Academy of Engineering Africa Prize for Engineering Innovation at an event held in Nairobi on Tuesday night. The education innovator was chosen from a final shortlist of four top candidates from the African continent, beating South African Andre Nel, Ugandan Hindu Nabulumba and Kenya’s Kelvin Gacheru to the first prize. The 27-year-old Nigerian designed the Tuteria online platform, which links students to qualified tutors in their area and within their budgets, enabling cost-effective education through innovation.
Ann Brown, 1:00 am AFKI Original
Siyabonga Beyile gives his mom the credit for inspiring the name of his business, The Threaded Man. The South African business started as a blog and evolved into an online mens fashion destination and consultancy. “She used to call me ‘Umfana Othungiweyo’ in Zulu which translates to ‘The Threaded Man,'” Beyile told AFKINsider. “It is the concept that you are not just ‘threaded’ through the clothes you wear but also how you carry yourself.” Major brands such as H&M reach out to Beyile for advice on how to market to the African millennial.
Tom Jackson, 8:35 am AFKI Original
Fresh from tech achievements M-Pesa, iHub and Ushahidi, Kenya in 2013 launched a $14.5B project to build Konza Techno City, a large tech hub planned outside Nairobi. Four years later, funding for Kenyan tech startups is in freefall. There have been few recent notable tech success stories and Konza City seems further away than ever. Investors have been wary to put up money until they have assurances from the government on reliable low-cost energy, water, plans to limit traffic and prevent slums from being built near Konza.
Peter Pedroncelli, 6:36 am
State-owned airline Air Namibia has be given approval to fly in and out of the United States, allowing it to join the ranks of an exclusive set of African carriers with permission to do so. Previously, only South African Airways, Ethiopian Airlines, Egypt Air, Moroccan Royal Air Maroc and Cape Verde’s TACV airline have enjoyed the right to fly passengers in and out of the U.S. from Africa. The airline is expecting to generate revenues through its codesharing agreements with partners to the U.S.
Peter Pedroncelli, 11:10 am AFKI Original
South African professionals are increasingly interested in being involved with the tech sector in the country, as there is a great deal of demand for quality skills that can help in boosting top companies. Universum Global conducts an annual employer attractiveness survey, which focuses on young professionals and their workplace preferences, comprising of responses from 46,891 students and 22,321 professionals from across South Africa. Here are the 10 most attractive tech employers for professionals in South Africa.
Peter Pedroncelli, 4:51 am
U.S. software giant Microsoft has announced plans to open two new cloud data centers in South Africa, in order to provide Microsoft Cloud services for the African market from centers based on the continent. These hyperscale data centers will be built in Cape Town and Johannesburg, representing a strategic advantage for Microsoft, as they will be the only top-tier cloud provider with a data center presence in Africa. With availability of cloud services expected in 2018, the services that will be delivered via the two South African data centers will include Microsoft Azure, Office 365, and Dynamics 365.
Kurt Davis Jr., 10:55 am AFKI Original
Many African economies could use an infusion of cash into their agricultural markets at the exchange entry point. Liquidity is vital to further stimulate market activity in Africa, especially in the agriculture sector, where 70 percent of Africans make a living. Many African countries do not have agricultural commodity exchanges (or any active trading market) and effectively lack the liquidity and incentive to spur more cash inflow and investors into the sector.
Staff, 1:00 am
The world has entered into a Fourth Industrial Revolution, and this time Africa is poised to take maximum advantage of it. Venture capitalists are investing large sums in Africa-based tech startups — $1 billion in 2016 — with the number of startups reaching 3,500. The revolution is led by entrepreneurs whose pioneering innovations seem destined to turn Africa into a global powerhouse and partner, changing its relationship with the rest of the world.
Peter Pedroncelli, 3:26 am
Google and three strategic partners have committed to investing a combined $100 million in a broadband infrastructure project to benefit African cities, with fast and reliable internet capabilities in the pipeline. The agreement signed between the four investors sees the creation of a new entity known as CSquared, which will operate as an independent company and will be based out of offices in Nairobi, Kenya.
- Real Estate