Tag Archives: data
data: Latest News
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.
Tom Jackson, 9:51 am AFKI Original
In 2017, expect more African reverse innovations that address local challenges and have global applications. Expect more drones. More Africans connected to the internet. Expect the calls for faster, cheaper internet to grow louder in 2017. Four key players in the African tech space talked to AFKInsider about what they know for sure and what they’re looking forward to in 2017: BRCK co-founder Erik Hersman, project Isizwe founder Alan Knott-Craig, Jumia co-CEO Jeremy Hodara and Ovum analyst Danson Njue.
Dana Sanchez, 6:42 pm AFKI Original
Large numbers of Chinese migrants have followed the money to Africa, but no one really knows how many — not even close. Estimates range from 250,000 to 2 million. Experts say informed guesses are anything from speculative to “very problematic.” It’s a problem because inaccurate claims about the Chinese migrant population can contribute to xenophobic election rhetoric and violence, says a migration researcher. In many countries, statistics on migration are incomplete, out of date or nonexistent. “Statistics are political,” a stakeholder said. The data may be out of date but it’s the only data we’ve got.
Dana Sanchez, 7:13 pm AFKI Original
Angolan attorney Zandre Campos quit his job with Sonangol, Angola’s giant state-run oil company, to start a private international investment firm. He wants to bring the best of the world to Africa. “We want to participate in the future of this continent. We’re talking about international standards,” he told AFKInsider. His latest investment is his company’s first in the U.S. He’s investing in U.S. technology. “Most of our investors are local Angolans — young guys like us,” Campos said.
Dana Sanchez, 12:01 am
Norway-based Opera claims its web browser reaches 100 million African users. How did they get there? There is a high degree of correlation between income and the browser used. But there’s also frst-mover status. Long before smartphones arrived in Africa, Opera was the de facto mobile phone browser. Other browsers came in with more features that most people didn’t need at the expense of bandwidth. That’s how Opera built its name as the go-to browser in communities with low internet connectivity, especially for mobile users.
Kurt Davis Jr., 3:41 pm AFKI Original
Sub-Saharan African banks are late to the party. More than 75% of Africans lack access to traditional banking. Fintech offerings with the most potential are the ones that address the unbanked and underserved. Addressing Africa’s poor is impactful and a money maker, but it’s also time-consuming — something to consider if you want a quick return. Africans may be quick to try a mobile app or technology but end users are not always quick adopters. Here are five sub-Saharan markets with the most opportunities in fintech.
Dana Sanchez, 3:27 pm AFKI Original
With investors showing increased interest in African equity and bond markets and through direct investment, data issues are getting more urgent. Accurate and transparent statistics are essential indicators of economic potential, economists say. African countries generally fail to accurately record the size of the informal economy which could account for up to 62.7 percent of GDP. Three of the 10 countries listed here are expected to see their GDPs decrease in 2016. For others, it’s still Africa rising. Here’s what we know.
Staff, 12:01 am
Young Africans may be doing productive work, but they’re doing it in economies where informality is an institution owing to lack of data. With the help of the private sector, African governments must understand how the informal economy works and how it can be improved. Africa has addressed complex and far-reaching problems before. The HIV/AIDS epidemic once seemed insurmountable. Now it’s largely under control. The key to tackling it was cooperation among governments, development partners and local communities in collecting, processing, and using data to adjust strategies.
Dana Sanchez, 9:42 pm
Joburg-based mobile provider Econet plans to install ad-blocking by default for 40M subscribers in four African countries, claiming it will save customers data charges. Users will have to opt in. Some in the ad industry aren’t concerned because Shine has few users where it’s already doing business — in the Caribbean. But this is Africa. What Shine does have is the support of carriers. Shine is limited in the U.S. due to net neutrality laws. Data plans are particularly painful for consumers in emerging markets, Shine says. Ad blocking is essential and meaningful there.
Dana Sanchez, 8:45 pm
It’s hard to get a loan in Kenya. Most people have very little credit history and few assets so banks are unwilling to take the risk lending them money. A new partnership between Uber and a local bank is allowing Uber drivers to use data from satisfied customers to apply for car loans. “I felt like I won a jackpot,” said Uber driver Michael Muturi, who got an Uber message saying his profile was good enough to apply. “With my own car I will be able to afford a good house, take my kids to a good school and save for the future.”
- Real Estate