Tech: Latest News

  • Tech Tour Announced To Link European Investors With African Tech Talent

    tech tour By Staff, 7:19 am

    Co-creation Hub, a technology innovation centre in Nigeria and Google for Entrepreneurs, announced the launch of PitchDrive, a three-week, five-city European tech hub tour. This partnership will bring 15 African tech companies to pitch to investors, explore opportunities and learn about technology markets. African startup founders looking to raise funding will be selected by the PitchDrive team to embark on a tour that aims to build networks between European investors and African tech talent.

  • Streaming Video Company Iflix To Take On Netflix In Africa, Sets Up Cape Town Headquarters

    Video streaming service iflix CEO Mark Britt. Photo: Tech in Asia By Peter Pedroncelli, 5:11 am

    Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.

  • 12 Least Attractive African Economies To Invest In For 2017

    African economies By Peter Pedroncelli, 2:08 am AFKI Original

    While Africa is a continent with great investment potential, some African economies have struggled to attract foreign investors. Certain economies have not experienced the positive growth that characterizes many of the nations within the African continent, and as a result they remain unattractive as investment destinations. Quantum Global Research Lab conducted research to produce the 2017 Africa Investment Index based on a variety of factors such as macroeconomic and financial indicators and the World Bank Group’s Ease of Doing Business Indicators. Here are the 12 least attractive African economies to invest in for 2017.

  • World-First Next Generation Digital Identification Technology Created In South Africa To Combat Identity Theft

    A world-first next generation identification technology has been developed in South Africa. Photo: Bigstock By Peter Pedroncelli, 5:11 am

    A world-first next generation identification technology has been developed in South Africa, with applications that could make it invaluable as a tool against identity theft and for law enforcement purposes. Some of Africa’s leading computervision scientists at the University of Johannesburg partnered with aiThenticate Computervision Labs to create the technology. Current identification methods such as passwords, biometrics and facial recognition continue to be thwarted by identity thieves determined to impersonate others to commit criminal acts.

  • Jumia And Mastercard Partner To Boost Cashless E-Commerce In Africa

    Nigerian e-commerce - cashless e-commerce By Peter Pedroncelli, 6:44 am

    Jumia, one of Africa’s fastest growing e-commerce platforms, has partnered with international credit card company Mastercard to make secure and convenient cashless e-commerce a reality in Africa. Africa’s e-commerce industry is experiencing a growth spurt in recent years, and online retailers across the continent are looking to find ways to attract new customers. Nigeria-based Jumia, one of Africa’s most popular online stores, believes that building trust and delivering a better customer experience will accelerate the growth that has been experienced thus far.

  • Agriculture Is The No. 1 Opportunity For African Internet Of Things, Security The No. 1 Challenge

    African Internet Of Things By Tom Jackson, 10:33 pm AFKI Original

    The Internet Of Things is already widespread, but people aren’t using the terminology or the platforms that bring greatest value to connectivity between devices, says Arthur Goldstuck, MD of South African tech market research firm World Wide Worx. In Africa, IoT is used primarily in vehicle tracking and telemetry — you might call them the first generation of IoT. There isn’t an industry in Africa that has not been disrupted, a stakeholder said. “All industries are moving into this digital age and are transitioning or transforming their business models. IoT is a key driver for that.”

  • Tourism Company Plans Bid For Botswana’s National Airline In Privatization Plan

    national airline By Peter Pedroncelli, 5:53 am

    Botswana’s largest tourism company, Wilderness Safaris, is planning to make an official offer to purchase the country’s national airline, Air Botswana, with the government looking to privatize the loss-making state-owned enterprise. In February this year the Botswana government put the airline up for tender, publishing an expression of interest invitation in the media in order to attract interested parties who would like to bid. The country’s transport department made it clear that it would consider bids for Air Botswana.

  • 12 African Nations With The Highest Number Of Internet Users

    Internet Users - African governments commit to affordable internet By Peter Pedroncelli, 7:44 am AFKI Original

    Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.

  • London Stock Exchange To Attract Investment For Kenya’s Energy Industry

    Kenyan government signs memorandum of understanding with London Stock Exchange. Photo - LSE By Peter Pedroncelli, 5:44 am

    The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.

  • South Africa’s Best And Worst Banks For Digital Experience

    By Staff, 10:58 am

    Columinate has revealed the results of its sixth annual Internet Banking SITEisfaction survey,showing Capitec to be the new king in the digital banking category, ousting FNB.Capitec also picked up top honors in the Mobile Banking category,but FNB beat the newcomer in the Internet Banking category by a fraction of a percentage point.Columinate’s SITEisfaction survey is a measure of customer satisfaction with digital banking.Standard Bank replicated 2016’s results,scoring 70/100 for a second year.

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