Tag Archives: innovation

innovation: Latest News

  • African Startups Modernizing The Legal Profession Through Tech

    The legal profession is beginning to get a tech makeover in Africa. Photo - National Society for Legal Tech By Tom Jackson, 1:11 am AFKI Original

    Technology has not pervaded the legal profession as it has other industries, especially in Africa, where issues with access and affordability remain. There are a small number of African legal-tech startups – backed by international organisations – that are looking to propel that change with the use of technology. From South Africa to Nigeria, the legal profession is in the process of getting a tech boost.

  • Somalia Launching Its First Innovation Tech Hub In Mogadishu

    Somalia's first ever innovation tech hub, iRise, will launch in September. Photo - Techcabal By Peter Pedroncelli, 7:37 am

    Somalia’s first innovation tech hub is set to open in Mogadishu this September, supporting the growth of tech startups in the country. The tech hub based in the country’s capital will be called iRise Hub, and will provide a co-working space, as well as research, incubation, and acceleration services for new startups. While connecting, collaborating and sharing ideas, Somali entrepreneurs at iRise Hub will aim to further develop the tech sector in the country.

  • Venture Capital Firms Are Flooding Back To North Africa

    North Africa - Instabug raises $1.7M in investment to continue growth. Photo - TechCrunch By Tom Jackson, 3:00 am AFKI Original

    The tech scene in North Africa is booming once again, with investors interested in backing startups across Egypt, Morocco and Tunisia. Venture capital firms are flooding back into Egypt, from 500 Startups to the IFC to Algebra Ventures, and after years of being denied access to funds, Egyptian tech startups are now swimming in them again. The story is equally positive for Morocco and Tunisia, and the region’s tech future looks bright once again.

  • 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.

  • 10 Final Nominees For The 2017 Innovation Prize For Africa

    Innovation Prize For Africa - Dougbeh-Chris Nyan's rapid diagnostic test is one of the innovations that are being recognized. Photo - VenturesAfrica By Peter Pedroncelli, 6:19 pm AFKI Original

    This week a world-class African innovation will be recognized at an event in the Ghanaian capital, as the winner of the 2017 Innovation Prize for Africa is officially revealed. A total of 10 nominees were unveiled by the African Innovation Foundation in June, and one of these innovative individuals will be announced as the winner at the Mövenpick Ambassador Hotel in Accra, Ghana on July 18.

  • World Bank Announces Agritech Challenge Aimed At Inspiring Innovation In Kenya

    Agritech challenge - Entrepreneurs use digital technology to increase farm productivity By Peter Pedroncelli, 2:56 am

    The World Bank and venture capital firm Nest have announced a call for applications for the Agritech Challenge 2017 in Kenya. The initiative is the first open innovation program of its kind in Kenya, and it is aimed at connecting promising startups and innovators with one of the region’s leading agribusiness corporates. The AgriTech Challenge, which is sponsored by the World Bank, aims to spur collaborative innovation within the agricultural sector in Kenya.

  • Safaricom Looks To The Future, Invests In Telecommunications Lab

    Telecommunications Lab By Tom Jackson, 6:25 pm AFKI Original

    Safaricom is future-proofing its business with innovative new products and an investment in a telecommunications lab, which will streamline innovation and testing at the Kenyan telecoms giant. It has been 10 years since Safaricom launched the M-Pesa mobile money service that is widely attributed to being the catalyst for Africa’s fintech ecosystem and having played a huge part in establishing the company as a market leader.

  • Nigerian Wins Engineering Innovation Prize For Connecting African Students And Teachers Via Mobile

    Engineering Innovation - Godwin Benson, creator of Tuteria wins the Africa Prize for Engineering Innovation. Photo: Twitter By Peter Pedroncelli, 4:25 am

    Nigeria’s Godwin Benson was selected as the winner of the Royal Academy of Engineering Africa Prize for Engineering Innovation at an event held in Nairobi on Tuesday night. The education innovator was chosen from a final shortlist of four top candidates from the African continent, beating South African Andre Nel, Ugandan Hindu Nabulumba and Kenya’s Kelvin Gacheru to the first prize. The 27-year-old Nigerian designed the Tuteria online platform, which links students to qualified tutors in their area and within their budgets, enabling cost-effective education through innovation.

  • 7 Biotech, Health And Agro-Processing Projects Receive Cape Craft And Design Institute Funding

    Cape winelands Cape Craft And Design Institute By Peter Pedroncelli, 4:30 am

    Seven South African biotech, health, agro-processing, and manufacturing projects have received a funding boost from the Cape Craft and Design Institute (CCDI) through their Design Innovation Seed Fund (DISF) initiative. The grants, which form part of the Cape Craft and Design Institute’s second round of seed funding, will allow for the innovative projects to be developed for use in a variety of sectors that will benefit from the ideas in development.

  • How African Tech Firms Export Their Innovations: It’s All About Storytelling

    How African tech firms export their innovations By Tom Jackson, 12:55 pm AFKI Original

    U.S. firms are suspicious of non-homegrown products, whereas Germany had a more positive view of Africa, says a South African fintech manager. “No technology product, no matter how cool, sells itself,” she said. The CEO of an African blockchain startup hopes to start doing business in Hollywood and Bollywood. He encourages new startups expanding internationally to “develop the narrative around their product, unique value proposition, back story, and successes.”

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