Tech: Latest News
Staff, 10:03 am
Strategy, promotion and partnerships are critical elements. What did panelists at the recent Africa Tech Summit London think were the major challenges to launching and monetizing tech solutions on the continent?
Peter Pedroncelli, 7:22 am
The Rwandan government’s partnership with Microsoft is benefiting efforts to roll out online education initiatives that are envisaged to become standard across the country in the next three years. The giant American multinational technology company is working with the Rwandan authorities in the pursuit of their short and long-term objectives to make Rwanda a digital learning pioneer on the African continent. By June this year, the Rwandan government is aiming to see around 50 percent of all subjects taught online.
Ann Brown, 6:12 pm AFKI Original
When Afia Bobia Amanfo thinks about Ghana, she sees a country ripe for harvesting, full of opportunities for its young population but lacking many basic necessities crucial for the success of young people. “This might not be an advantage for every business but it is a great opportunity for us as a social enterprise to make a difference in the lives of these young ones and help redefine the future of Ghana,” Amanfo told AFKInsider. Amanfo co-founded Students Hub Ghana, an online platform for mentoring young Ghanaians in education, career, tech, and entrepreneurship. A month after launch, the site has 3,000-plus followers.
Peter Pedroncelli, 3:49 am
The annual World Economic Forum on Africa will see a selection of impressive women tech entrepreneurs taking center stage in Durban, South Africa, with the aim of showcasing the wealth of entrepreneurial talent available on the continent. The 2017 meeting runs from Wednesday, May 3 to Friday, May 5, and will be conducted with the wider theme of “Achieving inclusive growth through responsive and responsible leadership” in mind. Women continue to be an important driver of African economies, with one-third of all businesses across Africa owned by women.
Dana Sanchez, 5:07 pm
Bitcoin surged today above $1,400. Its most recent rise is attributed to strong demand in Japan, where the digital currency is designated legal tender. Most African banks charge 10-to-19% on remittances. Bitcoin has started taking a bite out of the $4B trade from international transfers to Africa, but it’s still moving slowly. The U.S. Securities and Exchange Commission is credited with helping boost the value of bitcoin. The Winklevoss brothers — disputed founders of Facebook — applied to list a proposed bitcoin-tracking exchange-traded fund, and were initially rejected. The SEC is reconsidering.
Staff, 8:14 pm
A U.S. company that builds bulletproof cars has contracted to outfit four helicopters for South Africa’s Anti-Poaching Task Force. Heavily armed poachers have become more aggressive, firing on agents as they patrol overhead in helicopters. International Armoring developed lightweight, high-tech fiber materials which weigh up to to 60 percent less than traditional bulletproof armor. “Just like the cars, our focus (with the helicopters) is on the passenger compartment, allowing them time to react and get out of a dangerous situation,” the company president said.
Staff, 10:26 am
The World Bank has announced the launch of XL Africa, an acceleration program aimed at supporting 20 top digital startups from Sub-Saharan Africa. XL Africa will run over five months and startups will be put through a tailored curriculum, while receiving mentorship and the chance to attract early-stage capital of between US$250,000 and US$1.5-million. The program will […]
Staff, 10:25 am
Venture Capitalists are becoming more and more interested in investing in African startups, and this is only expected to increase over the next few years. According to Clarium Capital founder Peter Thiel, entrepreneurs should look for secrets where no one is looking and turn them into business opportunities. Thiel says it best in his book: […]
Staff, 8:52 am
Paris & Co, the economic development and innovation agency of Paris, and Meltwater Entrepreneurial School of Technology (MEST) signed an MoU (memorandum of understanding ), underpinning France’s recognition of Ghana’s potential in new technologies and its support of the West African country’s startup ecosystem. A statement by the French Embassy in Ghana says the African […]
Ann Brown, 1:20 pm AFKI Original
Two young women hope to unite the Sudans with a digital media model for post-conflict Sudan. Sudanese internet use is robust. Sudan ranked No. 41 out of 201 countries for internet penetration. It has more internet users than Belgium. These entrepreneurs must overcome challenges unheard-of in the west.
- Real Estate