Staff, 5:40 am
Informal transactions through Facebook groups are threatening the success of e-commerce giants in Africa according to a recent straw poll on the impact of the Black Friday sale promotion on this fledgling industry. According to a Geopoll Black Friday Straw Poll, which ran in December 2017 among 2,031 respondents in Nigeria, South Africa, and Kenya, Jumia still remains the most preferred e-commerce vendor.
Staff, 9:57 pm
Countries around the world are moving towards fully-connected smart cities, but even cutting edge technology is likely to run into challenges. This is according to experts. “A 24-hour smart water meter can only be possible if you’re connected to the water system,” said Ayona Datta, a reader in urban futures at King’s College London. She said that while technology may be introduced across a city to make transport or water services more efficient, it will likely only work in richer areas.
Staff, 6:53 pm
South Africa may still get most of its energy from coal, but in the country’s sunny Northern Cape province, a different electricity source is taking hold: solar steam. A Spanish renewable energy company has opened three thermal solar plants–which use the sun’s heat to create electricity–in the province. The plants–which use sun-heated salt to drive turbines–produce electricity to provide power to just short of a million people, or almost the province’s entire population, according operators.
Staff, 10:14 am
Entrepreneurs in the United States (US) are hoping to take advantage of Africa’s growing e-commerce market. An online cross-border trade platform, called the Mall for Africa, is helping the continent’s entrepreneurs sell their goods. The platform allows African consumers access to over 200 US stores while giving American customers access to African produced goods. Mall for Africa founders say they can ship products to buyers in Nigeria, Kenya, Rwanda, Mauritius or Ghana, in just three days.
Staff, 3:54 pm
The United Nations has announced the opening of its African Technology Innovation Lab in Egypt, in line with its framework to deploy a global network of such labs. The launch of the new lab was announced on the sidelines of the latest Cairo ICT Conference, held under the auspices of Egypt’s President Abdel Fattah el-Sisi. The UNTIL in Egypt will be housed at Egypt’s Technology Innovation and Entrepreneurship Center, which is located in Smart Village, the technology business park in Cairo.
Staff, 11:36 am
With hardly any mineral wealth to talk of, Rwanda is aggressively pursuing science and information technology to fill the gaps in its trade deficit. Delivering his state of the nation address at the 15th annual national dialogue, President Paul Kagame said in order for Rwanda to reach the high income status, Rwandans have to be creative and innovative in information technology. He said his government has a strategy to attract innovators and young Rwandan creative investors will be supported.
Staff, 12:24 am
A decade ago, mobile phones propelled the beginnings of Africa’s tech wave through the arrival of mobile money – today, the mobile revolution has applications across every sphere of modern life in the region. With a young population of early-adopters and an improving infrastructure from telecommunications to payments, investment in Africa in 2018 is likely […]
Staff, 9:07 pm
Africa is not a monolith with one person in charge,Stephen Ozoigo, CEO of African Technology Foundation,likes to remind audiences. “It’s 55 countries with 55 policies, over 3,000 languages. There’s a case to be made for some investments to even happen at a city level and not even at a country level,” he said.His nonprofit has been working to connect African technologies with the expertise of Silicon Valley, and to show the world what the continent of young, technology-minded entrepreneurs can do.
Staff, 8:33 am
Mobile money customers can now withdraw cash through ATMs, thanks to technology advancement. The technology excludes mobile phone money agents and enable customers to make transactions twenty four hours a day. Through a partnership between Exim Bank and Selcom Tanzania, Cashpoint ATM network, can withdraw cash transacted through TigoPesa, M-Pesa, Airtel Money, and Halopesa. CFO Selemani Ponda said to begin with the bank will put 100 ATMs across the country the first year and 200 in next year.
Staff, 3:24 pm
Japan is willing to invest in the cyber security sector in Zimbabwe to protect citizens and tourists from different countries.Speaking at a meeting with Information Communication Technology and Cyber Security minister Supa Mandiwanzira, Japanese ambassador to Zimbabwe,Toshiyuki Iwado promised to enhance co-operation between the countries.“The country’s message to us is just of welcome. I will try my best to promote co-operation in different fields and in this particular case, in ICT,”Iwado said.