Politics: Latest News
Staff, 11:20 am
Pan-African tech hub network AfriLabs has partnered the ICT 4 Social Innovation Network to host a West African workshop focusing on tech innovation supporting education, healthcare, and human rights. Founded in 2015 by SPIDER and Kenya’s iHub, the ICT4SI Network is a pan-African initiative connecting social innovators who use ICT for improved education and health solutions in local communities. AfriLabs and ICT4SI have partnered to host their first West African social innovation workshop.
Peter Pedroncelli, 4:44 pm AFKI Original
While e-commerce growth in Africa continues to take place at a faster rate with each passing year, there continue to be barriers that hamper development of e-commerce on the continent. The current share of consumer e-commerce by African enterprises is below 2 percent, and has great potential. By 2018, the African e-commerce market is projected to be worth around $50 billion, from just $8 billion in 2013, according to the International Trade Centre.
Kurt Davis Jr., 10:44 am AFKI Original
Women continue to be key stakeholders on the African continent, both in an economic and political sense, and certain influential women have already played their part in the African context during 2017. From Nigeria to Zimbabwe, the likes of Isabel Dos Santos and Grace Mugabe have had an incredible influence on the African continent, along with a few other important women.
Staff, 10:02 am AFKI Original
Edtech has the chance to increase the access to education for Africans by benefiting of the rising internet penetration rates. From raising literacy levels in poor rural areas where education infrastructure is lacking, to complementing the existing courses at Africa’s top universities, remote learning using educational technology is flexible and versatile.
Kurt Davis Jr., 5:25 am AFKI Original
While Donald Trump continues to dominate the headlines, the major storyline from the recent G20 meeting may be that Germany’s Chancellor Angela Merkel is taking charge on the global stage, and at the top of her agenda is African development. While climate change is still an important focus for the G20, there were a number of strategic initiatives that came to the forefront with regards to Africa.
Tom Jackson, 8:41 am AFKI Original
African tech hubs play a crucial role in the business development of tech startups, but many of them are struggling for sustainability. Hubs must understand the local ecosystem within which they operate, as well as the needs of their customer startups, keeping in mind that there is no one-size-fits-all approach that works perfectly for all tech hubs on the African continent.
Peter Pedroncelli, 6:11 am
Four South African banks have joined the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT’s) blockchain proof of concept initiative, joining a number of major global banks in doing so. South Africa’s four traditional banking giants, Absa, FirstRand Bank, Standard Bank and Nedbank have joined the blockchain proof of concept initiative, which aims to determine whether blockchain can assist banks improve their global liquidity by reconciling their international nostro accounts in real-time.
Staff, 9:24 am
In June 2017 the Togolese government awarded two new Internet service provider licenses. The winning companies are Teolis and GVA. The government expects the new Internet service providers to boost competition and lower prices, feeding increased adoption of high-speed Internet services. The companies are expected to launch their first services in the first quarter of next year. This boost to competition is going to push up broadband penetration in the country to 1.1 percent by the end of 2021.
Staff, 9:10 am
Somalia’s government says a widespread Internet outage that began roughly in late June is costing the Horn of Africa nation about $10 million each day and is a “major disaster.” Somalia’s post and telecommunications minister, Abdi Anshur Hassan, told a press conference recently that Somalia has lost more than $130 million so far. The country’s loss of Internet service has sparked anger across Somalia and affected the central and southern parts of the country including the capital, Mogadishu
Staff, 10:25 am
VCs and startup founders rarely pay attention to slow-moving but powerful macro global events, especially with so many fast-moving things to focus on at the micro level, like technology, teams, and trends. While VCs and startup founders often are the earliest to know about technological advances bubbling from the bottom up (while public-market hedge fund and global macro investors find out about them only later), they often are the last to know about global macro forces that may impact them.
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