Tag: headlines

The Africa Prosperity Report 2016 Is Out

Staff Writer
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.…

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Hello Kampala! Uber Launches in Kampala

Staff Writer
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…

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

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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…

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

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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…

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Uber Is Expanding To Ghana, Tanzania And Uganda

Staff Writer
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…

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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.…

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VC4Africa Releases Its Annual Venture Finance In Africa Report

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VC4Africa

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…

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The 10 Startups To Pitch at Seedstars World South Africa Have Been Announced

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Seedstars

It’s an interesting month for startups in South Africa as Seedstars World, a global seed-stage startup competition begins its tour this week in Cape Town. The ten startups that will pitch to a panel of judges have been selected for the event that will take place at Workshop 17 as techmoran reports. After the pitching, the top three startups out of the ten will be invited to Johannesburg where they will compete against the best startups from Durban and Soweto. After these competitions, one startup will be named the most…

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Vodacom Nigeria Trains 25 Female Students on IoT

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1Gbps

Vodacom Nigeria trained 25 female students on IoT as part of its support for the Girls In ICT program, Vanguard reports. The students learned how IoT is used in ensuring people’s safety and in securing the world today. The girls got a chance to tour the company’s facilities which exposed them to the importance of connectivity and data security. Vodacom hopes that by training female students in matters ICT, they will help in demystifying the myth that ICT is a male dominated field and in so doing encourage more female…

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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,…

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