Tag Archives: Africa

Africa: Latest News

  • Agriculture Is The No. 1 Opportunity For African Internet Of Things, Security The No. 1 Challenge

    African Internet Of Things By Tom Jackson, 10:33 pm AFKI Original

    The Internet Of Things is already widespread, but people aren’t using the terminology or the platforms that bring greatest value to connectivity between devices, says Arthur Goldstuck, MD of South African tech market research firm World Wide Worx. In Africa, IoT is used primarily in vehicle tracking and telemetry — you might call them the first generation of IoT. There isn’t an industry in Africa that has not been disrupted, a stakeholder said. “All industries are moving into this digital age and are transitioning or transforming their business models. IoT is a key driver for that.”

  • How The Threaded Man Built An Online Fashion Destination For African Men

    African mens fashion By Ann Brown, 1:00 am AFKI Original

    Siyabonga Beyile gives his mom the credit for inspiring the name of his business, The Threaded Man. The South African business started as a blog and evolved into an online mens fashion destination and consultancy. “She used to call me ‘Umfana Othungiweyo’ in Zulu which translates to ‘The Threaded Man,'” Beyile told AFKINsider. “It is the concept that you are not just ‘threaded’ through the clothes you wear but also how you carry yourself.” Major brands such as H&M reach out to Beyile for advice on how to market to the African millennial.

  • Will Kenya’s Konza Techno City Ever Get Off The Ground?

    Konza Techno City By Tom Jackson, 8:35 am AFKI Original

    Fresh from tech achievements M-Pesa, iHub and Ushahidi, Kenya in 2013 launched a $14.5B project to build Konza Techno City, a large tech hub planned outside Nairobi. Four years later, funding for Kenyan tech startups is in freefall. There have been few recent notable tech success stories and Konza City seems further away than ever. Investors have been wary to put up money until they have assurances from the government on reliable low-cost energy, water, plans to limit traffic and prevent slums from being built near Konza.

  • Microsoft Set To Build Cloud Data Centers In South Africa

    Microsoft will build two data centers in Africa. By Peter Pedroncelli, 4:51 am

    U.S. software giant Microsoft has announced plans to open two new cloud data centers in South Africa, in order to provide Microsoft Cloud services for the African market from centers based on the continent. These hyperscale data centers will be built in Cape Town and Johannesburg, representing a strategic advantage for Microsoft, as they will be the only top-tier cloud provider with a data center presence in Africa. With availability of cloud services expected in 2018, the services that will be delivered via the two South African data centers will include Microsoft Azure, Office 365, and Dynamics 365.

  • How More Agri-Traders Can Improve Liquidity In Africa At The Exchange Entry Point

    agri-traders could improve liquidity in Africa By Kurt Davis Jr., 10:55 am AFKI Original

    Many African economies could use an infusion of cash into their agricultural markets at the exchange entry point. Liquidity is vital to further stimulate market activity in Africa, especially in the agriculture sector, where 70 percent of Africans make a living. Many African countries do not have agricultural commodity exchanges (or any active trading market) and effectively lack the liquidity and incentive to spur more cash inflow and investors into the sector.

  • African Tech Startups And The Fourth Industrial Revolution

    The Fourth Industrial Revolution - Nairobi By Staff, 1:00 am

    The world has entered into a Fourth Industrial Revolution, and this time Africa is poised to take maximum advantage of it. Venture capitalists are investing large sums in Africa-based tech startups — $1 billion in 2016 — with the number of startups reaching 3,500. The revolution is led by entrepreneurs whose pioneering innovations seem destined to turn Africa into a global powerhouse and partner, changing its relationship with the rest of the world.

  • How Digital Technology Is Changing Farming In Africa

    Digital technology is changing farming in Africa By Staff, 1:00 am

    With Africa’s population projected to be about 2 billion by 2050, farming must undergo huge strides in productivity to ensure the ability to feed them. Numerous types of digital technology are available to take farming to this level, and entrepreneurs are beginning to introduce them to farming. To take advantage of them, however, there must be widespread internet availability, adequate funding, and ways overcome farmers’ reluctance to adopt new practices.

  • 12 Most Attractive African Economies For Investment In 2017

    12 Most Attractive African Economies To Invest In For 2017 By Peter Pedroncelli, 6:38 pm AFKI Original

    Africa remains a continent with great investment potential, and African economies continue to make efforts to attract investors from around the globe. With a population of over one billion people and rapidly growing middle class, Africa offers significant opportunities to invest in the continent’s non-commodities sectors such as financial services, construction, and manufacturing, amongst others. Here are the 12 most attractive African economies to invest in for 2017.

  • What It’s Like For Startups To Partner With Mobile Operators In Emerging Markets

    Agritech challenge - Entrepreneurs use digital technology to increase farm productivity By Tom Jackson, 3:26 pm AFKI Original

    Startups innovate much faster than mobile operators but they lack the wide reach — and customers — that more established companies have. Mobile operators and startups in emerging markets should work together because collaboration could be mutually beneficial, according to a new GSMA report — “Opening Doors: A Start-Up’s Guide to Working With Mobile Operators in Emerging Markets.” Some mobile operators are openly listing their API documentation and integration processes, and are willing to listen to startup founders.

  • African Financial Services In 2017: Buying Low For The Upside

    African financial services By Kurt Davis Jr., 5:03 pm AFKI Original

    The story line in 2017 is buy undervalued assets, especially those with massive upside — no surprise. The surprise, however, may be looking for that opportunity in the Democratic Republic of the Congo. Kabila is still in power despite his term of office ending. Mineral prices have been low and hurt local mining companies. Budget cuts are a big topic in local politics. The DRC, like one or two other countries on this list, is worrisome on the surface. But there are opportunities in the government’s desire to strengthen private-sector investment.

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