Author: Lynn Wandia

Amazon CloudFront expands into Africa

Amazon CloudFront expands into Africa

Technology
Since launching Amazon CloudFront in November 2008, they’ve been continuously expanding their infrastructure footprint around the world to improve availability and performance for content delivery. Today, they are excited to announce the launch of two new Edge locations: one in Johannesburg, South Africa, and one in Bangalore, India. The Edge location in Johannesburg is Amazon CloudFront’s first PoP on the African continent. The addition of these two locations brings CloudFront’s global network to 119 Points of Presence in 58 cities, across 26 countries. AWS infrastructure comes to South Africa AWS first established its presence in South Africa with a Development Center in Cape Town in 2004. Since then, AWS has expanded its presence in South Africa by launching Direct Connect in
Untapped opportunity in Africa’s emerging startup hubs

Untapped opportunity in Africa’s emerging startup hubs

Startups
African startups are in a unique position to leverage innovation to answer some of the continent’s most pressing challenges. To achieve this, an enabling environment is mission critical, according to Abu Cassim, founder and director of Jozi Angels, an angel network that invests in early stage startups. Growing venture capital (VC) in Africa was a focal point of discussions at the recent Africa Innovation Summit in Kigali, Rwanda. “Exciting opportunities exist in VC frontier markets like South Africa, Kenya and Nigeria along with other international emerging markets such as Indonesia, Poland, Mexico and the UAE,” notes Cassim. Successfully developing Africa’s VC sector hinges on a number of factors including identifying additional sources of funding for co-investment, for example, sui
World Bank approves $50 million to boost Kenya’s development plans

World Bank approves $50 million to boost Kenya’s development plans

Technology
The World Bank today approved a $50 million International Development Association (IDA)* credit to increase scale innovation and productivity amongst Kenya’s enterprises. The Kenya Industry and Entrepreneurship project (KIEP) is expected to benefit some 33,050 individuals and 2,393 firms. It will support the ambitious development targets outlined in Kenya’s Big Four development agenda and Vision 2030 that require significant growth in private sector jobs and overall productivity. The Ministry of Industry, Trade and Cooperatives, through the Kenya Industrial Transformation Program, prioritizes technology and innovation as the cornerstone for national industry development and the role that private sector firms play in driving Kenya’s industrialization. “We are committed to suppo
How Innovation and digital transformation can create jobs and drive growth in emerging economies

How Innovation and digital transformation can create jobs and drive growth in emerging economies

Technology
Innovation and entrepreneurship play an ever-increasing role in growing Africa’s emerging technology ecosystem. According to research by the GSMA Ecosystem Accelerator, over the past two years alone, Africa has seen the number of innovation hubs double. Whilst the big 3 cities – Nairobi, Lagos, Cape Town – have been dominating the Sub-Saharan growth narrative, the next wave of incubators are arriving from new ecosystem cities in North Africa. And the cities driving this growth, Casablanca, Cairo, Sousse and Algiers, are serious about generating sustainable operating models in the fast evolving ICT landscape to overcome core business challenges around viability, future-proofing the business and most importantly, producing continuous success stories. Funding in North Africa is s
Cybercrime is costing Africa’s businesses billions

Cybercrime is costing Africa’s businesses billions

Cyber Security
Sophisticated malware, software security breaches, mobile scams—the list of cybercrime threats is growing. Yet African nations continue to fall short of protecting themselves and must constantly grapple with the impact. A new study from IT services firm Serianu shows the pervasive nature of cybercrime across the continent, affecting businesses, individuals, families, financial institutions, and government agencies. The study shows how weak security architectures, the scarcity of skilled personnel and a lack of awareness and strict regulations have increased vulnerability. Cybercrime cost the continent an estimated $3.5 billion in 2017. The report found more than 90% of African businesses were operating below the cybersecurity “poverty line”—meaning they couldn’t adequately protec