Business: Latest News
Peter Pedroncelli, 5:06 am
New York and Nairobi-based agri-tech company, Gro Intelligence, has secured funding from alternative asset firm TPG’s middle market and growth equity platform, TPG Growth. The agricultural analytics business announced Series A-2 financing led by TPG Growth, alongside Data Collective and unnamed strategic family offices. With global investment in food and agribusiness growing fast, demand for insightful, reliable data on the sector has never been greater, and this is where Gro Intelligence comes in.
Peter Pedroncelli, 10:46 am
The sixth edition of the MTN Business App of the Year Awards took place recently in Johannesburg, with mobile applications across various categories recognized for their positive impact on business. Mobile app solutions developed and presented by people from a diverse range of socio-economic backgrounds ensures that these solutions are designed with real-life challenges in mind.
Peter Pedroncelli, 6:01 am
E-health startups across the African continent have shown impressive growth in recent years, allowing them to raise over $19 million in investments. While the e-health startups present on the continent continue to gain traction, the industry as a whole is experiencing strong growth, and between the 115 medical-related startups operating in 20 countries, over $19 million worth of investment has been attracted.
Tom Jackson, 1:13 pm AFKI Original
Investing in Africa is about to change, with artificial intelligence set to play a crucial role in evolving the sector once and for all. A South African startup plans to invest in a diversified portfolio of domestic and international assets, using machine-learning algorithms to make investment decisions. The process allows the company to discover hidden patterns in big data, which can then be exploited to forecast returns.
Peter Pedroncelli, 7:50 am
Taxi-hailing startup Uber has appointed a new West Africa general manager, with Nigerian-Canadian Lola Kassim now heading up operations in the region. The announcement sees the former management consultant at McKinsey and Company take on the West African leadership role at the California-based firm. Uber currently operate in 15 cities across eight African countries, including Kumasi, Accra, Abuja and Lagos.
Ann Brown, 2:41 am AFKI Original
Shaleen Manhire Nullens has been working since she was 14, beginning a long road that now sees her reach her potential as a successful serial entrepreneur. From difficulty and necessity, she has managed to rise from the ashes into a highly successful business person with multiple businesses under her belt and more in her future sights. Nullens tells an inspiring story of making a comeback and fighting to be successfu
Staff, 8:28 am
The Ministry of Communications together with AB2020, will jointly host the Maiden Tech in Ghana Conference at the Accra Digital Centre. The Conference is aimed to bring together the think tanks, key industry players and influencers in the public and private sectors to engage and encourage the development of Ghana’s technological ecosystem.The success of the first conference held in London, February 2017 paved the way for the maiden edition of the Tech in Ghana conference in Accra November 21-22.
Staff, 6:59 am
Facebook hosted a Women in Tech event and a Developer Circles Masterclass in Nairobi, Kenya. Bringing together the Developer Circle in Nairobi for an evening of networking, Facebook also hosted a Developer Masterclass with 25 Developer Circle leads from across Africa, in an intensive, three-day training course. Exploring Facebook technologies and platform products aimed at enhancing the ecosystem, both events brought together developers to connect, share ideas, learn, and collaborate.
Staff, 9:37 am
When Tolulope Komolafe first heard the pitch, she was skeptical. A fledgling company in Lagos, Nigeria, would pay her to learn how to write modern computer code and then offer her a good job in the high-tech economy. After inquiring, Komolafe found the offer was real. Today, she is a software developer and she dreams of starting her own tech company someday. Komolafe, a 27-year-old Nigerian, is one of hundreds of young Africans who have joined Andela, a fast-growing start-up based in New York.
Staff, 9:14 am
The advent of the Internet and the exponential development of new technologies have drastically changed our lives.For the music industry, especially in Africa, the Internet has brought with it a deep and progressive change that is affecting every aspect of the sector. Are these current and future developments beneficial to all the actors in the industry, especially musicians? And what are the prospects for African music-makers,promoters, broadcasters and consumers in light of these technologies?
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