Tag Archives: Tech hub
Tech hub: Latest News
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.
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.
Tom Jackson, 4:20 am AFKI Original
The majority of African cities are striving to be tech hubs. From Cairo to Accra, Lagos to Nairobi, Cape Town to Johannesburg, cities are striving to emulate Silicon Valley as tech hubs. Nairobi’s iHub launched with government support, and the Enterprise Kenya initiative is designed to assist local startups. In Lagos, the presidency has offered backing to tech startups, and there are a myriad of hubs.
Staff, 8:35 am
IBM, an American multinational technology and consulting corporation, has invested in Braamfontein by expanding its IBM Research Africa. IBM is investing R700-million (around US$61-million) over ten years in a new laboratory at the University of Witwatersrand’s Tshimogolong Precinct tech hub in Braamfontein. The new research facility will open at the beginning of April 2015.
Makula Dunbar, 2:08 pm AFKI Original
Though tiphub was launched in February of 2014, co-founder Chinedu Enekwe spoke confidently about the accelerator’s reach and ultimate agenda. By targeting African entrepreneurs — on the continent and across the African diaspora — and ideas which benefit the continent, tiphub seeks to be the conduit between African inventors and the resources that will aid them in achieving an impressive end goal — like creating an app, startup or service. Enekwe says tiphub is different because it is driven by social enterprise.
Andrew Friedman, 2:00 am AFKI Original
Under the leadership of Paul Kagame, himself a former soldier and the Front’s leader, the Rwandan economy has made vast strides out of the ashes of the genocide but ethnic tensions remain and allegations of totalitarian government abound. Since 2000, when Kagame came to power and the government instituted its Vision 2020 economic plan, the country has played the long game, ensuring that the current generation will be prepared for such a transition. Kagame has also been successful in cultivating business and personal relationships with prominent Westerners. These relationships have led to a number of unique foreign direct investment opportunities in the country.
Makula Dunbar, 1:24 pm
Kenya is fast becoming the main African hub for global technology companies because the country is getting its IT skills training right. This is the view of Ken Mwenda, of Kenyan software training institute Emobilis, who says big global companies’ establishments of technology research and development hubs in the country shows confidence in Kenya’s level of ICT education.
Alexis Barnes, 12:08 pm AFKI Original
Uganda is experiencing a technological revival with the capitol, Kampala, at the forefront of development. Minister for Information, Communications and Technology, Eng. John Nasasira, opened the Government BPO Incubation Center at the Uganda Bureau of Statistics House last month, creating employment and identifying the need for incubators. The nation also received the 2013 African Development Bank’s eHealth award for its mTrac health management system, an SMS-based mobile connection that has sped up response time and health provider accountability in the country.
- Real Estate