Tag Archives: Technology
Technology: Latest News
Peter Pedroncelli, 6:40 am
South Africa’s fintech adoption rate is expected to experience a surge in the near future, with the country’s uptake of fintech services set to be greater than the global average. Africa’s most industrialised economy is forecast to enjoy a future fintech adoption rate of around 71 percent in the coming years, which is far higher than the average global growth rate of 52 percent, according to global accounting and consulting firm Ernst and Young.
Peter Pedroncelli, 8:25 am AFKI Original
There are a number of ways in which drone technology is positively impacting industries in Africa, with numerous sectors benefiting from the advantages that drone tech provides. Previously associated with warfare and destruction, drones of all shapes and sizes are now being developed to tackle everyday issues and empower communities across the continent. From agriculture to safety in shark-infested waters, drones have found their place in a modern African context.
Peter Pedroncelli, 5:26 am AFKI Original
As with many sectors in modern business, the agricultural industry in Africa is embracing technology to enhance production and ensure a more profitable future. Tech is able to reduce costs, upskill farm workers and save effort and time in Africa’s largest economic sector. From drone tech to mobile apps that assist farmers, Africa is a pioneer on the agritech front, and the technologies that are being incorporated into agriculture are helping to put food on the tables of people all over the world.
Sci-Tech Could Make Nigeria 9th Largest Economy In The World, Declared Minister Of Science and TechnologyBy Staff, 9:15 am
Nigeria’s Minister of Science and Technology has said if science and technology is exploited and harnessed, could result to Nigeria becoming the 9th largest economy in the world. The Minister stated this after his Ministry had presented the 2017 to 2030 Science and Technology Roadmap to a sitting of the Federal Executive Council (FEC). The Science and Technology Minister said the roadmap is aimed at projecting Nigeria to occupy the position of the 9th largest economy in the world by 2050.
Peter Pedroncelli, 5:40 am AFKI Original
Africa is the new tech frontier, with a great deal of potential and passion for technology that should translate into the right environment to nurture and grow successful African tech startups, but obstacles and struggles remain. These issues scupper the necessary investment and growth that these startups require so that they can become sustainable and successful on a continental and global scale. We take a look at 12 things that need to be addressed in order to help struggling African tech startups.
Dana Sanchez, 1:38 pm
The JSE plans to open a second office in Cape Town — its first outside Johannesburg — a move that ‘s likely an attempt to defend its territory from new players who want competing stock markets. One of the competitors is the 4 Africa Exchange. Chichi Maponya will represent black economic empowerment partner, the Maponya Group, on the 4AX board. Check out 4 competitors that want to disrupt the Johannesburg Stock Exchange monopoly.
Dana Sanchez, 1:33 pm
Cape Town-based fintech startup Jumo says it wants to hire locals, so why did it just hire an American veteran of Silicon Valley startups that became mega companies? “You want senior engineers who have lots of scars, because you can’t pay for that,” said the company founder. “It’s what helps you take shortcuts and avoid things from falling over.” On the Jumo homepage, watch the firm’s online mobile money transactions in the last minute. It’s mind-boggling, assuming they’re in real time. Cha-ching.
Peter Pedroncelli, 4:10 am AFKI Original
Tourism is an important industry within many African countries, and technology is helping to contribute positively to the growth and sustainability of tourism across the continent. Despite challenges, tourism is booming and growing in Africa, thanks to a resurgent economy and a more digitally connected world, along with the opportunities that this world now provides.
Dana Sanchez, 10:00 pm
Selfies may be deadlier than shark attacks, but Africa is home to some terrifying shark species and tourism officials want to keep them away from visitors. New technology that protects people from sharks and vice versa is a surprisingly robust area of research. South Africa had 20 fatal shark attacks from 2004 through 2014. The U.S. had 11 — plus more than 500 non-fatal attacks.
Staff, 11:12 pm
In Sonnet 76, Shakespeare writes about “invention in a noted weed.” South African scientists shed new light on old pipes found buried in the bard’s garden using state-of-the-art forensic technology. Chemical analysis of residues in early 17th-century clay “tobacco pipes” confirm that a diversity of plants was smoked in Europe. This begs the question whether Shakespeare’s plays were performed in Elizabethan England in a smoke-filled haze.
- Real Estate