Ghana: Latest News
Tom Jackson, 1:36 pm AFKI Original
Initial coin offerings are when a creator of a digital currency makes coins available for public purchase to raise money for a project. This is what South African Vinny Lingham recently did, raising $33 million in an initial coin offering run by his U.S.-based company Civic, which is building a digital identity verification platform. There are opportunities for investors in this space, but perils remain.
Peter Pedroncelli, 6:07 pm AFKI Original
The internet continues to be a driver of business and economies the world over, and the internet contribution to GDP is an interesting barometer of growth. Africa’s average internet contribution to GDP was only 1.1 percent in 2012, or about half the level seen in other emerging economies. This has positive implications for the potential growth of e-commerce and internet-based businesses on the continent.
amcdermott, 12:22 pm AFKI Original
Hailing from Jamaica, but American by way of higher education and culture, I’ve spent much of the last three years in countries around Africa, and I am excited by the potential for design and innovation there. I’ll go to a restaurant with friends in Maputo and fumble around for my credit card to cover the bill. By the time I look up, someone’s laughing at me because they already paid the bill in 10 seconds from their phone with M-Pesa. From Asia and Central America came tailors and tactile labor, from India came software engineers, and soon, from Africa, will come creatives.
Peter Pedroncelli, 7:13 am
In preparation for Africa Code Week 2017, which will take place throughout the continent in October, hundreds of teachers in Botswana have learned basic coding skills. Thanks to a partnership between the Ministry of Basic Education in Botswana and software development group SAP, over 400 teachers within the country now have a basic level understanding of how to code. In 2016, 426,000 youngsters across 30 countries learned to code over a nine-day period.
Kurt Davis Jr., 5:57 am AFKI Original
The story of American bank Goldman Sachs buying $2.8 billion worth of Venezuela government bonds back in May stirred a, perhaps unwarranted, backlash from the morality police, but it gave the country’s government a much needed financial windfall, and made money for the banks involved. With that in mind, and similar opportunities available in sub-Saharan Africa, we offer Goldman Sachs a few candidates in the region to put on their radar.
Peter Pedroncelli, 4:17 pm AFKI Original
Cyber attacks are more prevalent these days, and it is important for countries to have a strategy to defend against these kinds of online attacks. Africa is no different, and strategies and organizations need to be in place in order to defend against hackers looking to penetrate key systems or networks that need to remain secure for the public good. Some African countries have considered this threat, and are fairly well-prepared to defend against such attacks.
Peter Pedroncelli, 4:27 am
Three African innovators have been awarded prizes for the impressive innovations that they have conceived and brought to life, as part of the Innovation Prize for Africa 2017. Aly El-Shafei of Egypt was selected as the grand prize winner, with Philippa Ngaju Makobore of Uganda securing the second prize, and Dougbeh-Chris Nyan of Liberia winning the special prize for social impact. The three winners saw their efforts in creating healthcare and energy efficiency-related solutions acknowledged, with prize-money rewarding their hard work and ingenuity.
Peter Pedroncelli, 6:19 pm AFKI Original
This week a world-class African innovation will be recognized at an event in the Ghanaian capital, as the winner of the 2017 Innovation Prize for Africa is officially revealed. A total of 10 nominees were unveiled by the African Innovation Foundation in June, and one of these innovative individuals will be announced as the winner at the Mövenpick Ambassador Hotel in Accra, Ghana on July 18.
Peter Pedroncelli, 4:34 am
In an important milestone for the Square Kilometre Array project, Ghana has successfully converted a redundant telecommunications antenna into a functioning radio telescope. The 32m converted telecommunications antenna at the Ghana Intelsat Satellite Earth Station at Kutunse is now operational as a very long baseline interferometry (VLBI) radio telescope, forming part of plans for the Square Kilometre Array.
Staff, 11:01 am
Panelists at the 4th Tech 360 Africa Summit held in Accra have unanimously agreed that the technology space in Africa holds an outstanding promise and will require stakeholders in the Information, Communication and Technology to pursue the technology market in order to accelerate Africa’s development efforts.Contributing to panel discussions on several key topics on technology and innovation, the participants were of the opinion that innovation has become a critical aspect of the global economy.
- Real Estate