Tag Archives: Africa
Africa: Latest News
Peter Pedroncelli, 3:32 am AFKI Original
With 2018 well and truly upon us, it makes sense to consider the African tech trends that will feature during this year. From new technology and the kinds of tech startups that will likely be attracting investments, to considerations with regards to cyber security as a focus, 2018 has a great deal to offer the tech discussion in Africa. Here are 10 African tech trends that will define the year 2018.
Tom Jackson, 1:40 am AFKI Original
All in all, 2017 was another major year of development in the African technology space, but some tech companies made particularly impressive steps forward. From fintech to ed-tech, these tech firms were examples of success in an industry that is crying out for role models to follow and emulate. AFKInsider takes a look at eight of the African tech companies that enjoyed significant success in 2017.
Kurt Davis Jr., 4:52 pm AFKI Original
With the year 2018 now officially upon us, we thought it wise to make a few economic and political predictions for the African continent in the year ahead. From private equity deals in West Africa to the political situation in the Democratic Republic of Congo and everything in between, our emerging markets investment banker makes a number of major predictions for Africa with the next 12 months in mind.
Peter Pedroncelli, 9:14 am AFKI Original
Information and communication technology is crucial to the development of a country’s economy and business infrastructure, and African nations are well aware of this. Since 2009 the ICT Development Index (IDI) has been published on an annual basis by the International Telecommunications Union. This index combines 11 indicators into one benchmark measure, allowing for countries to be compared in terms of their developments in information and communication technology.
Tom Jackson, 2:10 am AFKI Original
It was another landmark year in the development of the African tech sector, with major launches, big funding rounds and significant buyouts. From the increased interest in incubating African startups to massive investments in the likes of Andela, 2017 has been a positive year for African tech on many fronts, and 2018 will no doubt build on the momentum that is now present throughout the continent thanks to a successful year.
Staff, 4:10 pm
The youth demographic in sub-Saharan Africa encounter digital advertisements more frequently on a daily basis than any other form of advertisement; Coca – Cola advertisements are the most memorable due to their creativity, this is according to a recent GeoPoll Straw Poll. In June 2017, GeoPoll engaged 3,710 youth respondents aged between 15-35 years old in Kenya, Uganda, Tanzania, Ghana, Nigeria and South Africa.
Kurt Davis Jr., 2:04 am AFKI Original
Last year’s election predictions for 2017 were pretty accurate (if a little self-indulgence can be allowed). So this year will be interesting to watch again, with countries like Egypt, DRC (hopefully), and Zimbabwe on the calendar. The elections are sure to be very exciting for the countries going to the polls and those investors and other interested parties gauging how to engage such countries. Here are the top elections to watch in Africa and predictions for 2018.
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.
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.
Peter Pedroncelli, 3:06 am
A continental roadshow has been planned in order to create awareness of the new DotAfrica top-level internet domain, which was officially launched in July this year with the backing of the African Union and member states. The roadshow, which will begin early in the new year, will start off in Botwana and pass through numerous African countries in order to spread the word about DotAfrica, ending at the top of Mount Kilimanjaro.
- Real Estate