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.
Peter Pedroncelli, 9:45 am
The annual Nairobi Innovation Week will take place in March this year, with 100 Kenyan tech startups expected to pitch their businesses to investors. Organized by the University of Nairobi, this year’s tech startup event has seen partnerships struck with numerous hubs and ecosystem players, and over 4,000 delegates are expected. The fourth edition of Nairobi Innovation Week will take place from Mar. 5-9.
Peter Pedroncelli, 3:32 am AFKI Original
With 2018 well and truly upon us, it makes sense to consider the African tech trends that will feature during this year. From new technology and the kinds of tech startups that will likely be attracting investments, to considerations with regards to cyber security as a focus, 2018 has a great deal to offer the tech discussion in Africa. Here are 10 African tech trends that will define the year 2018.
Peter Pedroncelli, 5:43 am
Malawian TED fellow and software engineer Soyapi Mumba is proof that Africa’s unique needs can be catered for through innovation and resourcefulness, specifically where medical challenges are concerned. The healthcare system in Malawi mirrors that of many sub-Saharan African nations, with understaffed hospitals doing their best to care for the people they serve while struggling with record-keeping and patient identification.
Peter Pedroncelli, 5:15 am AFKI Original
The Johannesburg Stock Exchange has seen a mixed bag of success and failure for tech stocks over the last year, with some companies thriving while others failed to live up to expectations. Share prices among the tech stocks varied significantly during the course of 2017, with telecoms companies generally struggling with loses while telematics companies experienced excellent gains throughout the 12-month period.
Peter Pedroncelli, 4:39 am
Malaysian subscription streaming video service iflix, which is focused on emerging markets, has signed a deal with U.S. studio NBCUniversal to bring premium content to sub-Saharan African users. The Netflix and Showmax competitor entered into a major multi-year content licensing agreement with NBCUniversal, giving iflix subscribers access stream and download a selection of the studio’s titles.
Peter Pedroncelli, 4:06 am
The East African Community’s (EAC) plans to launch a unified currency in the region has an additional challenge to overcome, as bitcoin adoption continues to grow in Africa. Six nations which fall under the intergovernmental central bank organization are currently planning a unified currency that would be considered legal tender in member states Burundi, Rwanda, Tanzania, Kenya, Uganda, and South Sudan.
Peter Pedroncelli, 4:01 am
Huawei Marine is in the process of completing the initial work required before building a new submarine cable that will connect South Asia with East Africa and beyond. This includes the Desk Study and Marine Survey works which will determine feasibility of the planned undersea cable. Once approved, Huawei Marine and investor Tropic Science will construct the Pakistan East Africa Cable Express (PEACE) submarine cable between the two continents.
Peter Pedroncelli, 4:50 am AFKI Original
The tech startup landscape in South Africa is growing steadily, with many companies attracting significant investment during the last year, indication their worth as viable and successful businesses. The end of the year is upon us, and soon 2017 will give way for 2018. With this in mind, we thought it may be a good time to look back on some of the major investment deals that positively impact South African tech startups.
Peter Pedroncelli, 4:10 am
Tech firm Sagarmatha Technologies has announced plans to invest $8 million in skills training that will aim to empower Africans across the continent with coding and other digital skills that are currently in short supply. The Cape Town-based firm will realize its skills training goals by partnering with certified African and global learning institutions. The investment will enable the training of 5,000 African computer coders, with their training set to take place between 2018 and 2022.