Youth And Entrepreneurs Set To Benefit From AfricaWorking, A New Initiative

AfricaWorking
Share this

AfricaWorking, a new initiative by Barclays Africa, Emerging World, FranklinCovey, Knod, Safal Group, Microsoft and Syngenta is set to support 200,000 youth and 50,000 entrepreneurs. The new association will seek to channel the collective power and voice of the private sector in order to make an impact on employability and entrepreneurship in Africa. AfricaWorking will start supporting youth and entrepreneurs in Kenya and South Africa but it hopes to work across the continent by 2020. It will leverage existing approaches and two bespoke engines to help get youth career and…

Share this
Read More

Microsoft Is Buying LinkedIn For $26.2 Billion

microsoft
Share this

In what is being considered as the biggest tech merger of all time, Microsoft is buying LinkedIn for a whopping $26.2 billion in cash. As the guardian reports, both companies announced the move on Monday.This is Microsoft’s biggest purchase ever and it said that LinkedIn would retain it’s distinct brand, culture and independence. The success of the deal would see Jeff Weiner, LinkedIn’s chief executive will report directly to Satya Nadella, Microsoft’s boss. Weiner said that the deal would give LinkedIn a chance  to change the way the world works.…

Share this
Read More

Ghana Is The Next Country To Receive Uber After Uganda

Dar es Salaam
Share this

Just a few days after Uber opened operations in Kampala, Uganda, ItNewsAfrica reports that Ghana will be the next country to receive the service. Accra, Ghana’s capital city will join Uber’s growing network in Africa, a good choice since the city boasts a population of 2.27 million people and a thriving economy. The large population will now have access to efficient transport through Uber. Alon Lits, the General Manager for Uber Sub-Saharan Africa said that: “Accra is bustling, connected city that Uber is proud to be launching in. It’s rapid…

Share this
Read More

Huawei And Vodacom Succesfully Test The First 1Gbps Network In Africa

1Gbps
Share this

Yesterday in South Africa a telecommunication milestone was achieved as Huawei and Vodacom successfully tested Africa’s first 1Gbps network by aggregating LTE in both licensed and unlicensed bands within the Huawei Lampsite solution. As Huawei reports in a blog post, the peak speed hit over 1Gbps. In what was the first 1Gbps network and also the first 3 component carrier test in the continent, Huawei and Vodacom achieved a great feat that represented an important milestone for the 4.5G network. Another live trial has successfully demonstrated the co-existence of LTE…

Share this
Read More

Intel Launches A Radio Show To Empower Girls In Nigeria

Intel
Share this

Intel through their ‘She Will Connect’ program have launched a radio show and a features column that is aimed at providing digital literacy skills to women and girls in Nigeria, Vanguard reports. The move is part of Intel’s efforts in empowering women and girls by enabling them to pick up skills in digital literacy through new, innovative and scalable models. In line with this, the radio show, ‘She Will Connect Radio Show’ is targeted at young girls and women and will help them access an innovative combination of digital literacy…

Share this
Read More

The Africa Prosperity Report 2016 Is Out

Africa Prosperity Report
Share this

The Legatum Institute an International think tank that is behind the Prosperity Index released the Africa Prosperity Report 2016 that shows how African countries rank in terms of prosperity. At the top of the list was South Africa, one of Africa”s richest countries and at the bottom was Africa’s poorest country, Central African Republic. Wealth of a country was not however a determinant of the country’s ranking. The Africa Prosperity Report reveals that some countries are performing rather well on the Prosperity ranking despite of their wealth while others weren’t.…

Share this
Read More

Hello Kampala! Uber Launches in Kampala

Dar es Salaam
Share this

A few days ago, Uber announced its intention to expand its operations to Uganda, Tanzania and Ghana. Uber made strides in accomplishing this dream as it has finally launched in Uganda’s capital city, Kampala. As ItNewsAfrica reports, Alon Lits, the General Manager of Uber Sub-Saharan  Africa was every excited at the launch. He stated that: “We’re really excited to be launching Uber in Kampala, a world-class African city. We are inspired by the city’s rapidly developing infrastructure and spirit of entrepreneurship and look forward to giving people in the city…

Share this
Read More

Uber Is Expanding To Ghana, Tanzania And Uganda

Dar es Salaam
Share this

Uber is branching out to more African countries. The car-hailing company said that it plans to start operating in the capitals of Ghana, Uganda and Tanzania within a month, AP reports. With operations in Nairobi and Mombasa in Kenya, Lagos and Abuja in Nigeria and five cities in South Africa, this move will further increase their presence on the Continent. Uber’s existence in Africa has not been a smooth journey. It has been met with resistance from existing taxi drivers who deem it as competition. Incidences in Kenya of Uber drivers being…

Share this
Read More

MIT Global Startup Lab Program Applications Are Now Open

MIT
Share this

The MIT Global Startup Labs Program is headed to South Africa and  tech entrepreneurs, both new and established have until the end of May to submit their new and innovative tech ideas. The joint initiative by MIT, WITS University and the Johannesburg Center for Software Engineering (JCSE) will see students gain first hand experience in the entire process of developing tech startups. Since 2000, MIT Global Startup Labs has been sending over 150 MIT instructors to teach over 2,000 students in 14 countries through partnerships with universities in emerging regions.…

Share this
Read More

VC4Africa Releases Its Annual Venture Finance In Africa Report

VC4Africa
Share this

The 2016 Venture Finance in Africa research has been released by VC4Africa and it shows that growing investor interest in African startups is resulting in tangible investments. Data from the 2016 research shows that the total invested capital more than doubled from almost $27 million to almost $73  million, secured by 224 ventures who took part in the survey. The average amount invested per venture also increased from $200,000 to $326, 000. The data from the report showed that in terms of the number of ventures, ICT was leading with…

Share this
Read More