Features: Latest News

  • Fundraising Opportunities In Africa: Nigeria, South Africa And Oil Still Raise Questions

    Oil and gas remains an investment opportunity in Africa. Photo - HowWeMadeItInAfrica By Kurt Davis Jr., 11:08 am AFKI Original

    As the second half of 2017 comes into focus, entrepreneurs and private equity managers alike want the narrative in investor circles to change regarding sub-Saharan Africa and fundraising opportunities. Investor sentiments remain that sub-Saharan Africa is still rebounding from the economic challenges of 2015 and 2016, but the focus for entrepreneurs and private equity managers should be on the oil importers and emerging Francophone Africa.

  • 12 Things You Didn’t Know About Facebook’s Africa Headquarters

    Facebook's Africa headquarters By Peter Pedroncelli, 4:27 am AFKI Original

    Based in Johannesburg, South Africa, Facebook’s Africa headquarters was recently custom-built and launched, with the social media mega-company now building a larger presence on the ground in Africa. From a mothers’ room to numerous meeting rooms and a stunning balcony that overlooks the city, a glimpse of Facebook’s Africa offices makes one wish that their company would offer the same awesome facilities. We take a look at 12 things you didn’t know about Facebook’s Africa headquarters.

  • High School Dropout From Zimbabwe Builds Botswana’s Biggest Ad Agency

    Botswana's biggest ad agency By Ann Brown, 5:46 pm AFKI Original

    At age 18, Knight Ganje knew he wanted to be a businessman. When a friend invited him to visit Botswana he persuaded his mother to let him go. Once there he started taking odd jobs such as painting to survive until a local entrepreneur decided to mentor him, and the rest is history. Fast-forward 11 years and high school dropout Ganje is at the head of H&G Advertising Group, Botswana’s biggest ad agency with a turnover of $38 million annually and clients that include Unilever, Emirates, Coca-Cola, and Samsung.

  • 12 Most Valuable Tech Brands According To Africans

    By Peter Pedroncelli, 4:39 am AFKI Original

    Africans ascribe value to various tech brands that they use and love, with international businesses working hard to earn the trust and loyalty of the average African consumer. A growing middle class on the African continent is savvy and aware of what brands can offer them in terms of improving their lifestyle. Many of these brands have earned the respect and loyalty of African consumers, with BrandAfrica ranking them in terms of the most valued brands from an African perspective. We take a look at 12 of the most valuable global tech brands according to Africans.

  • How A Tanzanian Coder Became A Tech Mogul

    Tanzanian tech mogul Godfrey Magila of Magilatech. Photo - Flickr By Ann Brown, 3:07 am AFKI Original

    Tanzanian coder Godfrey Magila has always loved technology. So much so, the 25-year-old actually taught himself to code. His tech innovations earned him a $200 prize at a countrywide hackathon, but the money was not the most valuable part of the prize, as the recognition included a tech mentoring program, which inspired him to become the tech mogul he is today. “I get to solve a lot of problems around my society and make a difference, and it requires a new version of myself every morning I wake up, as it’s an industry that is very time sensitive,” Magila told AFKInsider, revealing the driving force behind his career.

  • 12 Issues Africa Needs To Address To Be More Globally Competitive

    Kenya Stock Exchange - East African Stock Markets By Peter Pedroncelli, 6:38 pm AFKI Original

    Africa is a continent of great opportunity and potential, but as a whole, the continent needs to work to become more globally competitive for the benefit of industries such as tech to truly thrive. Africa competes for foreign direct investment with other emerging markets such as Asia, Latin America, and the Caribbean. Africa needs to address a number of key issues in order to rival their main competitors in the market and carve out a competitive landscape that will attract foreign direct investment. Africa’s average competitiveness ranking is 21 percent compared to Latin America and The Caribbean’s average ranking of 40 percent, and Asia’s average ranking of 57 percent.

  • 5 Big Business Misconceptions About Sub-Saharan Africa That Need To Go Away

    Business in Africa is often more sophisticated than some people realise. Photo - Jumpstart By Kurt Davis Jr., 1:32 pm AFKI Original

    It is surprising how many business people assume Africa is behind the times in technology. Infrastructure may be a problem…but technology is a different story, and in fact, innovation and active appreciation for the wonders of technology are present throughout the continent. Sub-Saharan Africa, in many instances, can make a Western business person feel like they underuse their mobile phone…or simply feel behind the times when they do not know how to use M-Pesa.

  • 12 African Tech Innovators Worth Following On Twitter

    tech innovators - Somali tech entrepreneur Abdigani Diriye. Photo - Ground Report By Peter Pedroncelli, 3:00 am AFKI Original

    African tech innovators create jobs while finding solutions to modern African problems, and they deserve to be celebrated for the important role they play in society. Twitter has become a popular short-message platform in which to connect with the masses, and African innovators, along with the wider audience on the continent, have adopted the social media platform via mobile and desktop. Here are 12 African tech innovators who are worth following on Twitter.

  • Financing Mass Transport In Africa To Kickstart Urban Development

    Rail investment - Addis Ababa's metro rail network. Photo - CNN By Kurt Davis Jr., 12:06 pm AFKI Original

    The African continent will continue to experience major urban development in the coming decades. Such urban development requires improved mass transport and freight-moving systems to support the population growth. Some urban planners even argue that mass transport networks are central to cities’ ability to control the expansion and better manage property development, while reducing travel times and boosting land values.

  • Why Small Business Is Key To Microsoft’s Strategy In Africa

    Strategy in Africa By Tom Jackson, 1:41 am AFKI Original

    Microsoft has partnered with the Nigerian government to digitally transform service delivery to the country’s investor community. It’s important to look at this in the wider context of Microsoft’s growing involvement in the region. Promoting business and supporting the growth of cloud services are key to Microsoft’s strategy in Africa, as the company eyes the last unsaturated market on earth. Just as Google and Facebook are increasingly involved on the continent, Microsoft too is making a play to establish a long-term customer base there.

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