Tag Archives: Internet
Internet: Latest News
Peter Pedroncelli, 6:07 pm AFKI Original
The internet continues to be a driver of business and economies the world over, and the internet contribution to GDP is an interesting barometer of growth. Africa’s average internet contribution to GDP was only 1.1 percent in 2012, or about half the level seen in other emerging economies. This has positive implications for the potential growth of e-commerce and internet-based businesses on the continent.
Peter Pedroncelli, 8:00 am
Malawi is undertaking a massive fibre network project to connect more internet users in the country, thanks to a partnership between Huawei Technologies and the state-owned Electricity Supply Corporation of Malawi (Escom). The national fibre backbone project will see a dedicated investment of $23 million, with fibre implemented across 28 districts within the country, improving internet access and speeds while integrating government operating systems.
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.
Peter Pedroncelli, 9:18 am
Norwegian Internet browser Opera Software has announced plans to invest $100 million in Africa’s digital economy over the next two years, as the company aims to consolidate its most robust market. The investment will be used to develop artificial intelligence that delivers Africans customized and localized content, while continued efforts will be made to reduce data costs by around 90 percent. The goal is also to grow African businesses in partnership with African tech companies. It is envisaged that Opera will bundle in third-party services that provide mobile payment and improved data features through the web browser.
Dana Sanchez, 6:25 pm
Google launched an online learning portal a year ago offering digital skills courses free to anyone in Africa, designed to use up as little data as possible. Many people who took the courses had limited internet access and high data costs. The US tech giant is now turning its attention to web-focused skills training for small businesses across Africa. In addition to skills and workforce training, Google is laying fiber optic cable, easing access to Android phones as it expands on the continent. Google was valued at $109.5 billion in 2016.
Global Risk Insights, 11:42 am
There has been no internet access for Cameroon’s English-speaking regions for 58 days. Many banks and ATMs are closed, plunging the regional economy into chaos. Local businesses are losing foreign contracts. Anglophone Cameroon is home to Cameroon’s growing tech scene and five of the country’s seven seaports. The internet blackout is forcing Nigerians working in the Cameroonian tech sector to return home. It may play a decisive role in the upcoming 2018 elections when President Biya seeks another term.
Dana Sanchez, 5:18 pm
Chinese company Xinwei agreed to buy Israeli satellite company Spacecom for $190 million despite a Sept. 1 rocket explosion on the launchpad in Florida that took Spacecom’s share prices down more than 50 percent. The explosion destroyed a rocket owned by tech and space entrepreneur Elon Musk and his company, SpaceX. It was carrying a satellite that Facebook had planned to use to expand internet access in Africa. Facebook founder Mark Zuckerberg said he wouldn’t give up on internet for Africa.
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.
Staff, 12:19 pm
Bitcoin remittances in Africa have not really taken off. The slowness of blockchain-based digital currency has been compared to the internet’s slow start, and how web use eventually became mainstream. Few consumer friendly applications have been created yet. Merchant adoption has been sluggish and there has been a lot of negative press regarding scams, money laundering and underground markets. Bitcoin growth is set to become exponential, especially in Africa. There are a number of reasons.
Dana Sanchez, 6:01 pm
Facebook founder Mark Zuckerberg is in Kenya today meeting tech entrepreneurs and promoting this week’s scheduled launch of an Internet satellite for rural Africa. He said he was “deeply disappointed” to hear that the satellite had been destroyed. “We remain committed to our mission of connecting everyone, and we will keep working until everyone has the opportunities this satellite would have provided,” he posted on Facebook. Losing the Amos-6 satellite, valued at $200M, could place the future of the industry in doubt, a stakeholder said.
- Real Estate