Former Nigerian Minister for Communications Technology, Dr Omobola Johnson, delivered the UN Economic Commission for Africa’s (ECA) annual Adebayo Adedeji at the ongoing Conference of Ministers in Marrakech. Held in memory of the Nigerian scholar Adebayo Adedeji – arguably one of Africa’s leading proponent of regional integration – the lecture focused around the question of digital transformation in Africa: Hype or Reality? “There is enough evidence that Africa can be digitally transformed. But what is holding us back? asked Dr Johnson when she delivered the lecture to ministers and a host of experts attending the Economic Commission for Africa (ECA) Conference of Ministers. As the world-wide-web celebrates 30 years, its inventor Tim Berners-Lee told a Nigerian audie
In the next three years, top HR executives and employers have asserted that the biggest impact on recruitment will be Technology Augmenting the Hiring Process. In other words, how technology will make the hiring process more effective through easier filtering and more accurate matching. This discovery, along with other invaluable insights into the evolution of the job market has been pioneered through in-depth research conducted by ROAM (Ringier One Africa Media) (https://www.ROAM.africa/). ROAM encompasses the market-leading job portals in West Africa (Jobberman) and East Africa (BrighterMonday), as well as Executive recruitment and HR solutions firm, The African Talent Company. The company periodically surveys over 50,000 employers who use their services, to understand h...
Sixty-eight percent of Kenyan adults use a mobile phone to transact money, making them the biggest users of mobile banking in sub-Saharan Africa according to a World Bank report #Kenya is the highest user of mobile phones for money transactions in the Sub Saharan #Africa region. pic.twitter.com/bNM8kyE9gB— World Bank Africa (@WorldBankAfrica) January 8, 2019 Kenya is followed by Sudan with 52%, Gabon at 50%, and the DRC with 37% of adults using mobile phones to send money.Mobile money services and mobile banking have grown significantly in sub-Saharan Africa with the World Bank saying mobile banking has expanded to 16% of the market. M-Pesa's success in Kenya has played a huge role in growing financial access in the country. Forbes reported that Kenya has more than 23-mil
Amazon recently unveiled a debut collection of makeup products under its private label “find,” which also sells apparel basics. Available only from Amazon’s UK site for now, the products—for the eyes, brows, face, lips, and nails—are sold in “bundles” rather than individually. All are Prime eligible and priced under $20, comparable to drugstore offerings. Historically, an announcement from Amazon that it’s expanding into a new market has caused fear and anxiety: In 2017, grocery chains lost nearly $12 billion in market capitalization in a single day after Amazon said it would lower prices at Whole Foods. Last year, Amazon shared its vision for an independent healthcare service, causing the market value of the 10 largest listed health-insurance and pharmacy
Mobile internet technology thus carries the potential to empower and enable, all while meaningfully expanding the economy. Studies have found that a “developing country with an average of 10 more mobile phones per 100 population has 0.59 percent higher GDP growth than an otherwise identical country.” Mobile technology decentralizes the engine of progress into the hands of the participants that it enables to enter the marketplace. In 2010, the number of mobile phone subscribers was 350 million. However, as neighbours step forth across the chasm of the digital divide that persisted for years, many African countries are now leaping forth to catch up. Central to the emergence of these informal markets, as well as more sustainable internal transfers of money within local economies