Internet contribution - The Internet contributes a great deal to Senegal's economy. Photo - African Business Magazine
The Internet contributes a great deal to Senegal's economy. Photo - African Business Magazine

12 African Nations With The Highest Internet Contribution To GDP

By Peter Pedroncelli, 6:07 pm AFKI Original

The internet continues to be a driver of business and economies the world over, and the internet contribution to GDP is an interesting barometer of growth. Africa’s average internet contribution to GDP was only 1.1 percent in 2012, or about half the level seen in other emerging economies. This has positive implications for the potential growth of e-commerce and internet-based businesses on the continent.

Google News: Latest News

  • Drone Technology Used To Boost Agricultural Sector And Cut Costs In South Africa

    Drone Technology By Peter Pedroncelli, 6:29 am

    South African farmers in the Western Cape have found valuable ways to use drone technology to boost their agricultural output and methods, leading to an upskilled workforce and general cost cutting. Elsenburg farmers are using drones to conduct general monitoring flyovers, assess vegetation health, track and monitor animals which may need assistance, as well as to assess stressed zones among crops that require watering and fertilisation.

  • Opinion: Africa Is The Next Frontier For Design And Advertising Innovation

    Design and advertising innovation in africa By amcdermott, 12:22 pm AFKI Original

    Hailing from Jamaica, but American by way of higher education and culture, I’ve spent much of the last three years in countries around Africa, and I am excited by the potential for design and innovation there. I’ll go to a restaurant with friends in Maputo and fumble around for my credit card to cover the bill. By the time I look up, someone’s laughing at me because they already paid the bill in 10 seconds from their phone with M-Pesa. From Asia and Central America came tailors and tactile labor, from India came software engineers, and soon, from Africa, will come creatives.

  • Botswana Teachers Learn Basic Coding In Preparation For Africa Code Week 2017

    Africa Code Week is a highly successful program to teach young Africans about coding. Photo - Media Update By Peter Pedroncelli, 7:13 am

    In preparation for Africa Code Week 2017, which will take place throughout the continent in October, hundreds of teachers in Botswana have learned basic coding skills. Thanks to a partnership between the Ministry of Basic Education in Botswana and software development group SAP, over 400 teachers within the country now have a basic level understanding of how to code. In 2016, 426,000 youngsters across 30 countries learned to code over a nine-day period.

  • Opinion: 4 Potential Candidates For Goldman Sachs To Buy Up Debt In Sub-Saharan Africa

    Gas and oil-rich Nigeria provides an opportunity for banks willing to buy up government debt. Photo - Hope for Nigeria - sub-Saharan Africa By 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.

  • New York Stock Exchange-Listed Consultancy Firm Launches Innovation Studio In Johannesburg

    Accenture launches Innovation Studio in Johannesburg. Photo - BusinessWire By Peter Pedroncelli, 3:22 am

    Global management consulting and professional services firm Accenture has opened a new innovation studio in South Africa, selecting Johannesburg as the venue that will see disruptive technologies used for the benefit of businesses. The studio will make disruptive technologies, such as mixed reality, artificial intelligence, blockchain and cloud architectures, available for clients to experiment with, while it will also work with Accenture Labs.

  • 9 South African Tech Companies To Watch

    South African tech companies By Staff, 3:21 pm

    South Africa has produced many exceptional, and famous, tech entrepreneurs, like Mark Shuttleworth, Vinny Lingham, and Elon Musk. The entrepreneurial spirit in SA’s tech space remains strong, despite the political and economic challenges in the country. While most media coverage focuses on Internet companies aiming to be the next unicorn, the country has many companies doing exceptional work. Below are nine of South Africa’s small-to-medium-sized tech companies that are doing great work.

  • High-Tech ‘Smart Park’ Program Used To Combat Poachers At Rwandan Park

    Combat Poachers By Staff, 3:10 pm

    Security has long been a major concern at wildlife reserves in Africa, where rhino and elephant populations have been decimated by poachers in recent years. But a park in Rwanda is betting on a new networking technology to change that. Rwanda’s Akagera National Park recently launched a new system that allows park rangers to monitor animals, visitors, and equipment in real-time. Developed by ShadowView and Internet of Life, the “smart park” system is based on a Long Range Wide-Area Network.

  • South Africa Looks Into The Opportunities Of Food Technology

    food technology By Staff, 7:45 am

    Western Cape Minister of Economic Opportunities, Alan Winde, attended a demonstration of how technology can be applied in agriculture to stimulate jobs. The event took place at the head office of the Western Cape Department of Agriculture, Elsenburg, and was led by its research division. Winde, who has made innovation across the economy a top priority, explained how technology could accelerate change in this sector: “We’ve seen across Africa how technology can help us leapfrog other economies.”

  • Africa’s Biggest Media And Technology Expo Expects More Than 12K Attendees

    media and technology expo By Staff, 6:23 pm

    Africa’s broadcast media and technology expo aims to introduce South Africans to broadcast and audio-visual technology trends–these are the sentiments of Media Tech Africa Marketing Manager, Catri Dixon. Dixon says Media Tech Africa has been running for the past nine years. “With more than 140 exhibitors and 12 000 plus visitors expected this year, it is clear that South Africa is the entry point for international companies wanting to showcase and sell their products in the African continent.”

  • Guess Who Is The Highest Paid President In Africa

    President In Africa By Staff, 5:21 pm

    African heads of governments are among the highest paid in the world despite the continent’s many challenges. Jacob Zuma, South African president is the highest paid in the continent earning $272 000 per year, ranked fourth in the world.Rwanda’s president, Paul Kagame is ranked tenth, earning only $85 000 per year. Jacob Zuma $272 000 per annum. Zuma has been the president of the Republic of South Africa since 2009. Zuma was among the world’s top 10 highest paid president, he was listed fourth.

More Headlines