Africa is a continent of great opportunity and potential, but as a whole, the continent needs to work to become more globally competitive for the benefit of industries such as tech to truly thrive. Africa competes for foreign direct investment with other emerging markets such as Asia, Latin America, and the Caribbean. Africa needs to address a number of key issues in order to rival their main competitors in the market and carve out a competitive landscape that will attract foreign direct investment. Africa’s average competitiveness ranking is 21 percent compared to Latin America and The Caribbean’s average ranking of 40 percent, and Asia’s average ranking of 57 percent.
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Kurt Davis Jr., 1:32 pm AFKI Original
It is surprising how many business people assume Africa is behind the times in technology. Infrastructure may be a problem…but technology is a different story, and in fact, innovation and active appreciation for the wonders of technology are present throughout the continent. Sub-Saharan Africa, in many instances, can make a Western business person feel like they underuse their mobile phone…or simply feel behind the times when they do not know how to use M-Pesa.
Peter Pedroncelli, 3:00 am AFKI Original
African tech innovators create jobs while finding solutions to modern African problems, and they deserve to be celebrated for the important role they play in society. Twitter has become a popular short-message platform in which to connect with the masses, and African innovators, along with the wider audience on the continent, have adopted the social media platform via mobile and desktop. Here are 12 African tech innovators who are worth following on Twitter.
Kurt Davis Jr., 12:06 pm AFKI Original
The African continent will continue to experience major urban development in the coming decades. Such urban development requires improved mass transport and freight-moving systems to support the population growth. Some urban planners even argue that mass transport networks are central to cities’ ability to control the expansion and better manage property development, while reducing travel times and boosting land values.
Tom Jackson, 1:41 am AFKI Original
Microsoft has partnered with the Nigerian government to digitally transform service delivery to the country’s investor community. It’s important to look at this in the wider context of Microsoft’s growing involvement in the region. Promoting business and supporting the growth of cloud services are key to Microsoft’s strategy in Africa, as the company eyes the last unsaturated market on earth. Just as Google and Facebook are increasingly involved on the continent, Microsoft too is making a play to establish a long-term customer base there.
Peter Pedroncelli, 8:42 am AFKI Original
Africa has embraced mobile like few other regions of the world have, with some of the highest mobile penetration rates and the majority of internet users accessing content online via their mobiles. Whether one considers online banking, apps for healthcare, connecting through social media or voting for a political party, Africans have fully embraced mobile technology and all of its possibilities. Here are the 12 things you didn’t know about how Africans have embraced mobile.
DotAfrica Goes Public July 4: Will Africans Embrace It Or Continue To ‘Be Guests On Someone Else’s Web’?By Tom Jackson, 6:41 pm AFKI Original
After years of red tape, the much-hyped DotAfrica domain will soon be available to the public. The psychological impact cannot be underestimated, said Lucky Masilela, CEO of the ZA Central Registry — the company charged in 2012 with giving Africa its own first geographic TLD. DotAfrica is not just about African pride. It’s about business. “We believe that it will increasingly make an appearance in corporate marketing communication with all the associated benefits including feet in stores and clicks on sites,” Masilela said.
Peter Pedroncelli, 3:16 am AFKI Original
Social media has taken the world by storm in recent years, and the number of active Facebook users in Africa is a testament to the fact that the continent is also part of the social media trend. With Facebook being the most popular of the social media networks, and the proliferation of mobile throughout Africa providing the ideal breeding ground, the combination of factors has led to a growing user-base for the company. Africa is home to around 330 million internet users, and around 44 percent of them are active on Facebook.
Peter Pedroncelli, 8:29 am AFKI Original
Understanding how Africans use the internet remains the subject of many research studies, with new data emerging regarding stats and trends. The continent is becoming an important market for numerous internet-based businesses, while social media platforms are attracting more African users than ever before. With faster internet speeds and a growing appetite for connectivity on the continent, online trends are changing and the internet is shaping the way Africans work and play. Here are the 12 things you didn’t know about how Africans use the internet.
Kurt Davis Jr., 6:44 am AFKI Original
The African consumer goods and retail investment space is looking up for the second half of 2017, with opportunities available across a number of countries on the continent. While the usual suspects such as Nigeria and South Africa remain likely targets for international retail investment, there are a number of wildcards on the continent which may surprise analysts and attract investment due to their established links to regional markets.
Peter Pedroncelli, 5:22 am AFKI Original
Starting a company is never simple, but in some places it is far easier to start a business than it is in others. Africa is no different, and due to a number of factors such as regulation, requirements and government incentives, establishing a business in one part of the continent is not comparable to another. The World Bank recently ranked economies using various factors, and one of those was the ease of starting a business. Here are 12 sub-Saharan African countries where it is easiest to start a tech business.
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