Peter Pedroncelli, 6:29 am AFKI Original
The tech startup landscape in South Africa is constantly evolving, with entrepreneurs working hard to take their ideas and make them into viable and successful businesses. This is not always an easy task, and funding is a major issue, as determined by a recent Ventureburn survey that was conducted among startup founders. The survey gives a great deal of insight into the startup scene, with stats that paint a picture of a growing startup culture in the country, despite challenges.
Peter Pedroncelli, 7:57 am
Amazon Web Services, the cloud division of Amazon.com, is considering the possibility of constructing data centers in South Africa. The cloud computing firm may look to build its own data center infrastructure in the country, following the launch of its AWS Direct Connect service in Johannesburg and Cape Town this week. Cloud computing technology allows for storing and accessing of data and software over the internet rather than a particular computer hard drive.
Peter Pedroncelli, 7:37 am
South African IT firm Datatec has confirmed that Thursday would be their final day of trading on the London Stock Exchange. The Johannesburg-listed technology group decided to cancel their London listing on the Alternative Investment Market (AIM) of the English bourse from. Operating in 70 countries across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region, Datatec is an international ICT solutions and services group based in Johannesburg.
Peter Pedroncelli, 7:32 am AFKI Original
Women have always been important role-players within the tech scene in Africa, and there have been an increasing number of female-founded tech startups emerging from the continent in recent years. While gender diversity in the tech sector remains an ongoing challenge, women are making their mark on a male-dominated industry by launching their own startups and achieving success. These women show what a passion for tech and strong leadership qualities can produce.
Peter Pedroncelli, 6:55 am
Google has selected a trio of African tech startups to take part in the upcoming fifth class of the Google launchpad accelerator program. A South African and two Nigerian tech startups were chosen to take part in the six-month, equity-free mentorship program. Google’s Launchpad Accelerator aims to help startups by leveraging the company’s latest technologies in an effort to scale their businesses through mentoring.
Peter Pedroncelli, 8:13 am
French telecommunications giant Orange has begun construction on the site that will become their new African headquarters in Ivory Coast. The West African country was selected for the company’s new base of operations on the continent, which will cost around $50.4 million once completed. Orange is a major mobile operator across Africa, with customers present in 19 countries on the continent, including Cameroon, Ivory Coast, Egypt, Morocco, Senegal and Mauritius.
Peter Pedroncelli, 4:57 am AFKI Original
The story of Airbnb in Africa is one of positive growth. The mobile app-based hospitality booking site allows people to make their homes or spare rooms available to visiting guests for a fee, and it continues to thrive and grow in Africa. Established in 2008, Airbnb hosts have welcomed over 200 million guests in 191 countries since the early days of the company, with Cape Town in South Africa proving to be the most popular African destination for the Airbnb hosts and users.
Peter Pedroncelli, 4:42 am
African telecommunications company Econet Wireless may be considering a listing on the London Stock Exchange at some point during the course of 2018. The company is allegedly considering the sale of shares on the English bourse to the value of around $8bn through a combination of new and existing assets. Econet Wireless has operations and investments throughout the world.
Peter Pedroncelli, 3:35 am
The Meltwater Entrepreneurial School of Technology (MEST), a training program, seed fund and Africa’s largest tech incubator based in Ghana, has launched two new incubator spaces in Nigeria and South Africa. In addition to the flagship incubator in Accra, MEST has launched two new spaces in Lagos, Nigeria and Cape Town, South Africa, expanding its reach and presence in Africa. Since launching in 2008 it has already invested over $20 million in African startups.
Peter Pedroncelli, 7:43 am AFKI Original
For many global tech companies, investing in Africa is a strategy for growth that is allowing them to tap into a growing market that is full of great potential. Tech companies from across various sectors are looking to Africa for growth, with the likes of Facebook, Google and Microsoft all putting their money into the continent. Whether they are investing in infrastructure, skills or the startup ecosystem, these tech companies are boosting economies and creating jobs.