African tech trends - Somalia's first ever innovation tech hub, iRise, has launched in Mogadishu. Photo - Techcabal Africa will experience growth in numerous tech spheres during 2018. Photo - TechcabalAFKI Original

10 African Tech Trends That Will Define 2018

tech talent - tech companies Andela had another impressive year during 2018. (Photo: Andela)AFKI Original

The 8 Best African Tech Companies To Follow In 2018

Johannesburg Stock Exchange - South African company MiX Telematics lists on the New York Stock Exchange. Photo - YouTube South African company MiX Telematics lists on the New York Stock Exchange. Photo - YouTubeAFKI Original

10 Winners And Losers From Johannesburg Stock Exchange Tech Shares In 2017

chief marketing officer - Mzamo Masito is Google's new chief marketing officer for sub-Saharan Africa. Photo - Mediaupdate Mzamo Masito is Google's new chief marketing officer for sub-Saharan Africa. Photo - Mediaupdate

Former Vodacom Executive Named Google Chief Marketing Officer For Africa

Safaricom Residents transfer money using Safaricom's M-Pesa in Nairobi. Photo: Trevor Snapp/Getty.AFKI Original

Safaricom, Airtel Face Contrasting Fortunes In Kenya

Significant investment - Institutions in Africa are now offering programs that teach fintech skills. Photo - Student Brands - Fintech space Online edtech startup GetSmarter was acquired by U.S. company U2 in 2017 Photo - Student BrandsAFKI Original

10 South African Tech Startups That Attracted Significant Investment In 2017

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  • Business

    African Tech Companies Feel Benefits Of Initial Coin Offering Craze

    Wala raised capital with an initial coin offering. Photo - Getwala By Tom Jackson, 6:04 am AFKI Original

    Looking back at 2017, it is undeniably clear that it was the year of the initial coin offering (ICO). The ICO of South African blockchain consultancy Ekasi-bucks was an unmitigated failure, but the likes of property investment platform ProsperiProp and fintech startup Wala raised decent amounts of money – $200,000 and $1.2 million respectively – despite falling well short of their initial targets.

  • Business

    10 Internet Of Things Startups To Keep An Eye On In Africa

    internet of things - The wearable tech market is growing in Africa. Photo - Engadget By Peter Pedroncelli, 8:29 am AFKI Original

    The internet of things is fast becoming a major component of new tech around the globe, and Africa is no different, with the technology central to numerous startups on the continent. There will be 8.4 billion connected things in use worldwide this year, according to Gartner, and Africa Analysis predicts that the internet of things installed base in South Africa alone will reach 35 million by 2020.

  • Business

    5 Themes For African Private Equity In 2018

    Chinese investment is expected to boost African Private Equity. Photo: Wits By Kurt Davis Jr., 1:59 am AFKI Original

    What are set to be the most influential moments and movements for African private equity in 2018? From small and mid-cap private equity to oil liquidity and increased Chinese investment in Africa, there are a number of factors that will define the private equity landscape on the African continent in the coming year. We make a number of informed predictions regarding what those factors will be.

  • Business

    Largest Venture-Capital Fund For Sub-Saharan African Tech Startups Announced

    Sub-Saharan African Tech Startup By Staff, 9:54 am

    The launch of a €100 million fund, expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa, is set to accelerate ongoing digital transformation and drive economic growth in the region. IFC’s €15 million equity investment makes it an anchor investor in the Partech Africa fund. The transaction marks IFC’s first investment in a mainstream venture capital fund in sub-Saharan Africa, where start-ups in the technology sector face funding gaps.

  • Business

    In 2017, African Tech Startups Raised $195 Million

    startups By Staff, 12:28 pm

    Africa’s tech revolution is picking up speed, with 2017 proving the best year on record for the continent’s tech startups as investment topped $195 million over the course of the year. New research by entrepreneurship portal Disrupt Africa shows that in 2017 the number of African tech startups to raise funding hit 159–up from 146 companies in 2016. In 2015, only 125 startups managed to attract investment. Investor confidence and willingness to back African tech ventures is clearly accelerating.

  • Business

    How A Nonprofit Organization Could Revolutionise African Healthcare

    Telemedicine is winning the healthcare battle in Ghana. Photo - Novartis Foundation By Tom Jackson, 1:21 am AFKI Original

    Philanthropic organization, the Novartis Foundation, has enjoyed such success with its pilot of a telemedicine program in Ghana that the country’s healthcare service is to implement it nationwide. Started in 2011, it has come a long way, and government now hopes to make full national coverage possible by 2019. This is part of the Ghana Health Service’s larger ambition to achieve Universal Health Coverage by 2020.

  • Business

    South African Bitcoin Exchange To Open Malaysian Office

    South African bitcoin exchange Luno expanding into Europe. By Peter Pedroncelli, 3:23 am

    South African bitcoin exchange, Luno, will set up an office in Malaysia as part of the company’s continued global expansion plan. The office, which will be located in Kuala Lumpur, is planned for the first quarter of 2018 in order to benefit from a huge local interest in cryptocurrencies. With offices in Cape Town, Singapore and London, Luno is looking to set up further office sites as part of its expansion into other global regions.

  • Business

    My Favorite “Shithole” Countries In Africa

    Trump's shithole comment - senegal-nature By Kurt Davis Jr., 1:21 am AFKI Original

    U.S. President Donald Trump is taking significant grief for labeling Africa as a “shithole” when he allegedly made the following remark at a closed-door meeting: “Why do we want all these people from Africa here? They’re shithole countries…We should have more people from Norway.” President Trump, to be candid, gave me an opportunity to gloat about my favorite “shithole countries” in Africa.

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