Date Archives for May 2017
Staff, 10:58 am
Columinate has revealed the results of its sixth annual Internet Banking SITEisfaction survey,showing Capitec to be the new king in the digital banking category, ousting FNB.Capitec also picked up top honors in the Mobile Banking category,but FNB beat the newcomer in the Internet Banking category by a fraction of a percentage point.Columinate’s SITEisfaction survey is a measure of customer satisfaction with digital banking.Standard Bank replicated 2016’s results,scoring 70/100 for a second year.
Staff, 7:33 am
Chairperson of the Egyptian Association for Direct Investment Abdallah El Ebiary said that investment in venture capital is the new growth locomotive for the country, where these investments can help successful companies and products with a better future and good growth potential through the restructuring of emerging companies with high risk.This helps advance the economy and promote it, as the number of these companies is high, so taking interest in them would reflect positively on the economy.
Staff, 7:12 am
Zimbabwe just announced that it has opened for applications to the ICT Innovation Drive fund. This fund, totaling $25 million, was announced last year by the Ministry of ICT, Postal and Courier Services. The minister, Supa Mandiwanzira, said that the Zimbabwean government is committed to the development of local platforms and apps through investment financed by local operators. All licensed telecoms operators pay 1.5 percent of their revenue to what is called the Universal Service Fund.
Staff, 8:32 am
The Venture Capital Trust Fund (VCTF) in Ghana is under immense financial strain as a result of alleged mismanagement and misappropriation of funds by one of its former bosses. The Venture Capital Trust Fund was established in 2004 through an Act of Parliament, to provide low-cost financing to small and medium enterprises so as to enable them expand and create wealth and jobs. The law establishing the fund does not allow for direct equity investment in or provision of debt to any company.
Staff, 8:17 am
Several industries are adopting digital technologies to survive in the digital world, but one industry has lagged in that adaptation and that’s the small medium enterprise market in South Africa. The SME market is not harnessing technology to grow their small business and is ignoring the benefits of using technology to become digital entrepreneurs. Digital technology is becoming increasingly less expensive and most platforms offer a no-cost or free solutions to enable your business to flourish.
Staff, 7:49 am
The government of India said may share technology in renewable energy with Africa to power the remotest and poorest corners of the second largest continent. The Indo-African partnership is based on empathy as the countries face similar challenges, Power Minister Piyush Goyal said at the launch of the third International Solar Alliance (ISA) Program on “Scaling Up Minigrids and Microgrids” during the “Africa-India Cooperation on Powering Africa–Strengthening ISA and Africa-India RE Partnerships.”
Peter Pedroncelli, 8:36 am
Ivory Coast is planning to build a new solar power plant in the north of the country in order to ease pressure on its already overtaxed power grid. The 25 MegaWatt solar power station will provide further electricity supply to the strained grid in the West African nation, which typically relies on gas and oil-fired thermal plants to produce energy. At a cost of $40 million, the power station will be built by Korhogo Solaire, a subsidiary of Morocco’s Nova Power, and it is expected to be complete by 2018.
Peter Pedroncelli, 8:25 am AFKI Original
Tech companies continue to inspire Africa and Africans through their unique service offering to the continent and the way in which they enhance people’s lives. From renewable energy to telecoms and other tech firms, African consumers are benefiting from a growing tech sector throughout Africa, and certain companies are making waves as inspirational businesses contributing to better lives for the people they serve. Here are 12 tech and telecoms companies that continue to inspire Africa.
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.
- Real Estate