The Africa Prosperity Report 2016 Is Out

Africa Prosperity Report

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.…

Read More

Hello Kampala! Uber Launches in Kampala

Uber Africa launches Uber Cash in partnership with Flutterwave

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…

Read More

The Ericson Mobility Report Reveals That The Internet of Things Will Overtake Mobile Phones By 2018

Ericson Mobility Report

The latest edition of the Ericson Mobility Report has been released and it reveals that Internet of Things(IoT) is expected to surpass mobile phones as the largest category of connected devices in 2018. Between 2015 and 2021, IoT is expected to increase at a compounded annual growth of 23% making up to close to 16 billion of the total forecast 28 billion connected devices by 2021. As ItNewsAfrica reports, Western Europe will lead the way in adding IoT connections as the number of IoT devices in this market is expected to…

Read More

Kenyan Public Libraries Offering Free Internet To Over Half A Million Members

Internet

The public libraries in Kenya will start offering free Internet to over half a million library members from June, ItNewsAfrica reports. The Internet will be provided by Liquid Telecom Kenya and the Communications Authority of Kenya who will connect 46 branches of the Kenya National Libraries Services. Mr. Ben Roberts, the CEO of Liquid Telecom Kenya said, “The demand for Internet services is growing exponentially in Kenya. Connecting the public libraries means everybody will now have access to digital and online information – including e-government services, research, education services and…

Read More

Uber Is Expanding To Ghana, Tanzania And Uganda

Uber Africa launches Uber Cash in partnership with Flutterwave

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…

Read More

MIT Global Startup Lab Program Applications Are Now Open

MIT

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.…

Read More

2016 Innotribe Startup Challenge Winners Announced

Innotribe

The winners of the 2016 Innotribe Startup Challenge were announced yesterday in Mauritius. The winners were South Africa’s Hello Paisa, a low cost international money transfer solution and The Sun Exchange, which deals with crowd lending for solar energy and Cameroon’s WeCashUp, that deals with mobile money transfer across Africa. The three each received a 10,000 USD cash prize. They also received invitations to attend Sibos, SWIFT’s annual global financial services conference that will take place in Geneva from the 26th to the 29th of September, techmoran reports. Sido Bestani,…

Read More

Bill Gates To Give the 14th Nelson Mandela Annual Lecture

Bill Gates

This year, the Annual Nelson Mandela lecture will be delivered by Bill Gates, the Nelson Mandela Foundation in association with the University of Pretoria has announced. The lecture which will be delivered on July 17th, the eve of Nelson Mandela day, will focus on the theme, “Living Together”. The lecture is one of the Nelson Mandela Foundation’s programmes that seek to honor the late Nelson Mandela. In line with this, the lecture seeks to raise topical issues affecting South Africa and the rest of the world. Encouraging dialogue often about…

Read More

Africa’s banking security in Africa is reaching a tipping point for growing cybercrime risk

banking security

Africa’s relative lack of infrastructure is both a blessing and a curse for banks. While access to traditional services is still a challenge, innovation in technology can offer big opportunities. Mobile has become the de facto means of banking in many parts of Africa and, as mobile penetration – particularly smartphone penetration – increases, this is allowing banks to connect with more of the population than ever before, and to do so in a more targeted, personal way. A study looking at trends in banking in sub-Saharan Africa, released in…

Read More

31pc of employees consider themselves the biggest threat to cyber security

Hackers Breach Top Wall Street Law Firms, Including Cravath Swaine & Moore LLP

Both companies and employees are aware of the damage cyber-attacks can make, and know that employees are the weakest link in a company’s security chain. Those are the results of two separate studies conducted by security firm WinMagic. During the Cloud Security Expo, it released the studies in which it asked 250 IT managers and 1,000 employees about the importance of IT security in the workplace. The data shows that businesses have taken actions to protect themselves following high-profile data breaches, such as the one which happened to TalkTalk. Almost…

Read More