Tanzania: Latest News
Kurt Davis Jr., 12:44 pm AFKI Original
There are 54 countries in Africa, and each of these nations have specific advantages and challenges that are unique to them. They are in need of various blessings for 2018, which can serve to make sure the new year is an improvement on 2017. If this investment banker could be Santa and give gifts to each of his African friends, here’s what he would wish for each of the African economies in 2018.
Peter Pedroncelli, 4:10 am AFKI Original
The Seedstars World Competition in 2018 will bring together the best tech startup talent from around the world this coming April. Africa will be represented by a list of winners from the various Seedstars World competitions that took place during the last year throughout Africa. Seedstars World, which describes itself as the world’s biggest startup competition in emerging markets, holds these events in around 70 countries before winners are selected to take part in a grand final.
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.
Staff, 7:22 pm
Twitter has announced the release of Twitter Lite to 24 new countries including 6 African countries. South Africa, Nigeria, Algeria, Egypt, Tunisia, and Tanzania were the African countries selected as a part of the expansion. The announcement was made by Jesar Shah, the product manager at Twitter, via the company’s blog. Twitter Lite offer users a new mobile web experience that minimises data usage, loads quicker on slower connections, and is more resilient on unreliable mobile networks.
Peter Pedroncelli, 4:42 am
African telecommunications company Econet Wireless may be considering a listing on the London Stock Exchange at some point during the course of 2018. The company is allegedly considering the sale of shares on the English bourse to the value of around $8bn through a combination of new and existing assets. Econet Wireless has operations and investments throughout the world.
Kurt Davis Jr., 3:43 am AFKI Original
The talk of distressed asset investing in Africa is growing. A total of $6.5 billion has been raised for African private equity from 2011 to 2016, according to the African Private Equity and Venture Capital Association (AVCA), with a total reported deal value over the same period of $22.7 billion for 900+ deals. In 2016 alone, 145 deals were reported totalling $3.8 billion. We explore the sectors offering the best opportunities for distressed asset investors.
Peter Pedroncelli, 7:43 am AFKI Original
For many global tech companies, investing in Africa is a strategy for growth that is allowing them to tap into a growing market that is full of great potential. Tech companies from across various sectors are looking to Africa for growth, with the likes of Facebook, Google and Microsoft all putting their money into the continent. Whether they are investing in infrastructure, skills or the startup ecosystem, these tech companies are boosting economies and creating jobs.
Peter Pedroncelli, 4:30 am
The Seedstars Africa Summit will be bringing together the best tech startup talent from around the African continent in December. The third annual Seedstars Africa Summit will take place on Dec. 14 in Mozambique, with all of the winners of the various Seedstars World competitions throughout Africa attending the event. Seedstars World holds these events in around 70 countries before winners are selected to take part in a grand final.
Kurt Davis Jr., 5:19 am AFKI Original
The news last month from the International Monetary Fund (IMF) regarding sub-Saharan African growth has investors breathing a sigh of relief. The IMF expects sub-Saharan Africa to grow by 3.4 percent in 2018, up from the 2.6 percent in 2017. Some countries in particular are forecast to enjoy incredible growth in the region of 8 percent, with West and East Africa in particular looking attractive for investors.
Staff, 6:16 am
Although extensive research on media and consumer trends in Africa shows a growing transition of consumers and audiences away from traditional media towards online media, television remains a highly significant contributor to consumer spending. Geopoll have analyzed the top TV and Radio Stations in 6 African countries for Q3 2017, which runs from July through to September.
- Real Estate