Peter Pedroncelli, 7:04 am AFKI Original
The Seedstars Douala Competition served as the Cameroonian leg of the global early-stage startups competition for emerging markets. The competition took place at the end of September, with 11 of the best startups vying to be the representative from Cameroon for the global final event next year. Seedstars World, which describes itself as the world’s biggest startup competition in emerging markets, holds these events in over 65 countries before winners are selected.
Peter Pedroncelli, 7:26 am
South Africans prefer to use their bank’s mobile application rather than other interactions with the institutions in question, including in-branch and contact via telephone. Respondents to a Avaya survey revealed that a digital-first approach to dealing with their basic banking needs is preferred over any direct contact with bank staff, choosing to talk to another individual only if absolutely necessary.
Peter Pedroncelli, 5:42 am
South Africa’s largest mobile carrier, Vodacom, is set to undergo a massive rebranding of the company in an effort to open up additional business opportunities with regards to an increasingly digital future. The update in branding is a global effort, with parent company Vodafone leading the change with a new logo (pictured below) and tag line which states: “The Future Is Exciting, Ready?”. The new logo enables 2D visualisation, with 34 countries set to experience the change.
Peter Pedroncelli, 3:57 am AFKI Original
South Africa is a country where smartphone usage is high, and downloaded android mobile apps form an important part of the experience for these users. The android market is the biggest among the smartphone competitors in the country, and as such this segment of the market is an indicator of the popularity of apps in general and the types of mobile applications that South Africans are using. Here are the 10 most downloaded android mobile apps in South Africa.
Peter Pedroncelli, 6:48 am
M-Pesa, Safaricom’s highly popular mobile money transfer service, has launched a new payment solution that uses near-field communication to make payments. The new system, which is called M-Pesa 1Tap, allows users to pay for goods from their mobile phones in a single step, rather than multiple steps that were previously required. M-Pesa customers will use a wristband, phone sticker or card to be able to make faster payments using this new technology.
Peter Pedroncelli, 5:45 am
South Africa may host the 2018 ITU Telecom World, the International Telecommunication Union’s (ITU) annual telecommunications and ICT industry event. The potential for South Africa to host was made known at the 2017 ITU Telecom World in South Korea, with the 2018 telecom conference set to be the first time an African country has hosted the International Telecommunication Union’s prestigious event, subject to the conclusion of contractual arrangements.
Peter Pedroncelli, 2:20 am AFKI Original
Technology has an important role to play in Africa, and one of the most important ways that tech is improving the lives of Africans across the continent is by transforming healthcare. Advances in technology and innovative ideas are allowing for better healthcare and improved diagnostic efforts in communities throughout Africa, including in remote areas thanks to the wonders of mobile and the internet.
Peter Pedroncelli, 5:02 am
Global investment fund Endeavor Catalyst has backed South African authentication and app security company Entersekt through a funding round that was realized in September. The Silicon Valley-based investment firm led a funding round for Entersekt amounting to around $5 million, with the investment being Endeavor Catalyst’s first ever in South Africa, where they have had an office since 2004.
Peter Pedroncelli, 6:30 am
WorldRemit, an international digital money transfer business, and Wafacash, a Morocco-based financial services firm have partnered in order to provide instant money transfers to a growing set of African markets. The Moroccan money transfer market-leader and the global remittance company already work together in Morocco and Senegal, but this extended partnership will see their combined operations expanded to serve Cameroon, Benin, Burkina Faso, Niger and Cote D’Ivoire.
Peter Pedroncelli, 8:51 am
A total of 11 Cameroonian tech startups have been selected to take part in the country’s local Seedstars World competition on September 29, with the winner of the early-stage startup contest in Douala earning the right to pitch to investors at a final in Switzerland next year. The global tech startup competition will be the first-ever Seedstars event in Cameroon, with the 11 startups who were announced this week pitching to a panel of judges.