Politics: Latest News
Staff, 8:52 am
Angola has ambitions to emerge as a competitive technology force and internet hub in Africa. Hans Geldenhuys, Managing Sales Director at Intelsat Africa, say the Southern African country is undergoing a technology transformation underpinned by an increasing need for connectivity and innovations. According to data from the International Telecommunications Union, Angola’s ICT and telecoms sector has recorded an annual growth rate of 55 percent over the past 10 years and has 14 million consumers.
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.
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.
Peter Pedroncelli, 2:37 am
An open digital transport mobility platform founded by students of the University of Cape Town in South Africa won the 2017 Promising Transport Innovation Award at the annual summit of the International Transport Forum (ITF) in Leipzig, Germany. WhereIsMyTransport has been recognized for innovation used within the platform, centralises mobility data, allowing anyone to build upon the transport information or use it to develop software products such is mobility apps for transport users, while the metrics can be further analysed to improve transport provision. WhereIsMyTransport has potential applications for both private and public enterprise.
Staff, 8:19 am
Innovators recently converged in Dar es Salaam to discuss issues ways of supporting the creation of smart cities. Organized by the Dar es Salaam-based Sahara Sparks, the event discussed ways by which innovators can contribute towards improving Tanzania’s environment. “We are looking at ways of changing practices in the real estate and informal housing sector and this will directly improve the standard of living by providing settlement options for people,” Sahara Sparks’ Jumanne Mtambalike said.
Staff, 6:51 am
Cape Verde outlined the accelerated restructuring and privatization plan for TACV, approved by the Council of Ministers, as follows: One ATR aircraft will cease to operate on August 1st and TACV’s domestic services will be discontinued; Binter Cabo Verde will take over inter-island services and will seek to strengthen inter-island connections, with the aim to provide regular services to all airports. The carrier will also seek intermodal transport connections to islands without airports.
Peter Pedroncelli, 5:53 am
Botswana’s largest tourism company, Wilderness Safaris, is planning to make an official offer to purchase the country’s national airline, Air Botswana, with the government looking to privatize the loss-making state-owned enterprise. In February this year the Botswana government put the airline up for tender, publishing an expression of interest invitation in the media in order to attract interested parties who would like to bid. The country’s transport department made it clear that it would consider bids for Air Botswana.
Peter Pedroncelli, 7:44 am AFKI Original
Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.
Peter Pedroncelli, 5:44 am
The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.
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.
- Real Estate