political change - South Africa has reached its Mugabe moment
Jacob Zuma and Robert Mugabe are no longer in power. Photo: Nehandra Radio

Rapid African Political Change May Spark Economic Revival In 2018

By Kurt Davis Jr., 3:18 am AFKI Original

Political change in Africa is rapidly happening in unexpected pockets. Observers are actively monitoring situations in certain countries, in particular South Africa, Ethiopia, and Zimbabwe, with an excitement for future socio-political change that could follow these headwinds. Yet all consideration of the current political movements suggest that the imagined economic change is not necessarily an easy sequel to the political prologue.

Politics: Latest News

  • Africa Tech Summit Stakeholders Want ‘Taskforce’ To Develop Talent For Africa’s Tech Scene

    Africa Tech Summit Kigali brought the continent's tech players together. Photo - Appsafrica By Tom Jackson, 1:55 am AFKI Original

    AFKInsider’s Tom Jackson attended the Africa Tech Summit in Kigali last week, and what he discovered was an understanding of the obstacles and a clear path to continuing tech growth on the continent. Concerns about connectivity, market sizes, talent, funding and scalability have not gone away, but Africa Tech Summit Kigali made its own small contribution to assembling the “taskforce” that will be needed to sustain the tech sector’s growth.

  • MTN Aims To Raise $960M With Ghana And Nigeria Stock Exchange Listing

    Ghana and Nigeria By Peter Pedroncelli, 3:53 am

    South African mobile operator MTN is set to list on the Ghana and Nigeria stock exchanges later this year, and the company is expecting to raise around $1 billion as a result. Africa’s biggest mobile phone company by subscribers will make 30 percent of its Nigerian shares available for listing on the Nigerian Stock Exchange, with 35 percent of its shares made available to investors in Ghana.

  • Cyril Ramaphosa To Set Up Digital Commission, Allocate Spectrum

    Cyril Ramaphosa By Peter Pedroncelli, 4:35 am

    South African president Cyril Ramaphosa has explained the importance of technology for the country in his state of the nation speech, mentioning efforts he will be undertaking in order to promote tech as a means for building the South African economy. The interim president said he would be establishing a commission to focus on enabling South Africa to benefit from opportunities presented by rapid advances in information and communications technology.

  • Why Africa Must Get Better At Defending Against Cybercrime

    Cybercrime - Anonymous Africa launches cyber attack against SABC over censorship. Photo - TVwithThinus By Tom Jackson, 2:52 am AFKI Original

    South Africa has one of the world’s highest rates of cybercrime, with 8.8 million people falling victim in 2016, according to online security company Norton. In West Africa, research released by Trend Micro Incorporated in collaboration with INTERPOL found scams targeting individuals and businesses have grown exponentially since 2013. Nigeria is especially affected, with cybercrime costing its economy $500 million each year.

  • A High Oil Price Has Its Downside, Especially In Sub-Saharan Africa

    high oil price - Gas and oil-rich Nigeria provides an opportunity for banks willing to buy up government debt. Photo - Hope for Nigeria - sub-Saharan Africa By Kurt Davis Jr., 6:51 am AFKI Original

    Oil prices are tanking. Oil prices are rising. It is the constant storyline in the early days of 2018, but a high oil price has a downside for some countries in sub-Saharan Africa. Those bullish on the price have their reasons, as do those who are bearish, but the reality is that an oil price rebound may simply not be the best outcome for some countries in the sub-Saharan African region. We take a look at a few examples.

  • DotAfrica Ends Internet Domain’s Continental Roadshow Across The Continent

    Continental roadshow - The DotAfrica flag reaches the top of Mount Kilimanjaro. Photo - Twitter By Peter Pedroncelli, 4:13 am

    The continental roadshow to create awareness of the new DotAfrica top-level internet domain has come to an end after passing through numerous African countries. The promotional campaign, which began early in the new year, started off in Botwana and passed through a number of African countries in order to spread the word about DotAfrica and encourage adoption of the geographic domain. On 22 January roadshow team and flag successfully reached the top of Mount Kilimanjaro.

  • Cape Town Builds Temporary Desalination Plants As Water Supply Approaches ‘Day Zero’

    desalination plants - The Strandfontein Pavilion desalination plant is being built in Cape Town. Photo - TheCitizen By Peter Pedroncelli, 3:00 am

    The South African city of Cape Town is in the process of building a number of temporary desalination plants in response to the water crisis that was brought on by three years of record drought in the region. The popular tourist destination is in a race against time to produce solutions that will keep the taps from running dry in April – a date which has been described by those dealing with the crisis on the ground as ‘day zero’.

  • New African Union Chairman Paul Kagame Good For Africa’s Tech Ambitions

    Paul Kagame is the new chairman of the African Union By Peter Pedroncelli, 6:19 pm

    Rwandan president Paul Kagame has officially become the new chairman of the African Union (AU), taking on the role during the 30th summit of the continental body this week. As chairman of the African Union, Kagame will be well placed to influence and establish policies and frameworks which will enhance the role technology plays across the continent, while encouraging AU members to embrace technology and its transformative nature.

  • Women To Watch In Africa During 2018

    women to watch By Kurt Davis Jr., 11:57 am AFKI Original

    The women’s movement made great strides in 2017, particularly with the changes seen in business and politics around the treatment of women on a global scale. The wind behind these efforts will force more change across the globe and create more opportunities for women. With that in mind, and while considering women from both the world’s of business, sport and politics, these are the top women to watch in 2018.

  • 5 Themes For African Private Equity In 2018

    Chinese investment is expected to boost African Private Equity. Photo: Wits By Kurt Davis Jr., 1:59 am AFKI Original

    What are set to be the most influential moments and movements for African private equity in 2018? From small and mid-cap private equity to oil liquidity and increased Chinese investment in Africa, there are a number of factors that will define the private equity landscape on the African continent in the coming year. We make a number of informed predictions regarding what those factors will be.

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