Business: Latest News

  • Investor That Backed Uber And Airbnb Invests In New York And Nairobi-Based Agri-Tech Company

    agri-tech company - Investor That Backed Uber And Airbnb Invests In New York and Nairobi-based Agri-Tech Company. Photo: africarenewal By 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.

  • 11 Winners From The MTN Business App Of The Year Awards

    MTN Business App - The Awethu Project in action. Photo - Awethuproject By 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.

  • African E-Health Startups Have Attracted Over $19M In Investments

    E-health startups - Discovery Health's DrConnect is a new telemedicine products available in South Africa. Photo - YouTube By 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.

  • How Artificial Intelligence Is Transforming The Future Of Investing In Africa

    Artificial Intelligence Is Transforming The Future Of Investing In Africa. Photo - CNBC By 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.

  • Uber Appoints New West Africa Head To Focus On UberX Service Levels

    Lola Kassim has been appointed as Uber general manager for West Africa. Photo - Techpoint By 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.

  • How This Young Zimbabwean Woman Became A Successful Serial Entrepreneur

    Zimbabwean Shaleen Manhire Nullens is now a successful serial entrepreneur. By 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

  • Maiden Tech In Ghana Conference Set For November 2017

    tech conference By 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.

  • Facebook Events Connect Developers And Female Tech Influencers In Kenya

    Facebook By 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.

  • Why There Is An Increase In Tech Talent Coming From Africa

    tech talent By 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.

  • A Look At The Future Of Music And Technology In Africa

    music By 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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