Norwegian web browser developer Opera Software has launched a web-enabled payment solution that can be accessed through their browser in Kenya. The web-enabled payment system, called OPay, has been integrated into the Opera Mini browser following a great deal of testing in Kenya. Kenyans making use of the browser will have access to mobile money payment and credit card services such as mobile credit transaction and bill payments through OPay.
Entrepreneurship: Latest News
Tom Jackson, 2:10 am AFKI Original
It was another landmark year in the development of the African tech sector, with major launches, big funding rounds and significant buyouts. From the increased interest in incubating African startups to massive investments in the likes of Andela, 2017 has been a positive year for African tech on many fronts, and 2018 will no doubt build on the momentum that is now present throughout the continent thanks to a successful year.
Staff, 4:10 pm
The youth demographic in sub-Saharan Africa encounter digital advertisements more frequently on a daily basis than any other form of advertisement; Coca – Cola advertisements are the most memorable due to their creativity, this is according to a recent GeoPoll Straw Poll. In June 2017, GeoPoll engaged 3,710 youth respondents aged between 15-35 years old in Kenya, Uganda, Tanzania, Ghana, Nigeria and South Africa.
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.
Tom Jackson, 1:24 am AFKI Original
Africa’s telecoms market is in a state of flux, with some operators seeing huge potential and opportunity while others are concerned with the challenges they face. Trends are being set by both those aiming to expand investment in telecommunications across the continent, and those moving away from the telecoms playing field. Orange and Viettel are making big investment moves, while the likes of Tunisie Telecom and Airtel are retreating from Africa.
Kurt Davis Jr., 12:04 am AFKI Original
Recent advances in technology are creating scalability for sub-Saharan African investments, with technology-enabled businesses well-positioned for growth. Financial services provides one such example. As many Westerners complain about the lack of technological advancement with banks on managing their money (i.e., poor identity checks, lack of speed in service, etc.), many sub-Saharan Africans are celebrating some great advancements in their financial services.
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.
Tom Jackson, 9:20 pm
It is well acknowledged that there is a shortage in Africa of female entrepreneurs, and active female investors and mentors as well. Women make up less than 15 percent of all professionals in the tech space. In South Africa, for example, the latest Southern African Venture Capital and Private Equity Association (SAVCA)report showed women made up 13.3 percent of the space, a small increase from 12.9 percent the year before.
Staff, 4:25 am
The telecom operators with the most active customers are MTN in Ghana and Nigeria, Safaricom and Vodacom in Kenya and South Africa respectively and Airtel in Uganda, according to a recent GeoPoll straw poll, which sought to determine the level of customer service and service delivery among telecommunications operators Sub-Saharan Africa. The rate of mobile phone and internet penetration in Sub-Saharan Africa (SSA) continues to grow.
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