How is innovation in Africa different from innovation in Silicon Valley? How can this kind of innovation in Africa be encouraged? The Africa Tech Summit is fast becoming the marquee technology event on the continent. It brings together more than 200 tech leaders, investors, entrepreneurs, governments, trade bodies, media and leading ventures to drive investment and business between Africa and Europe. Organised by Appsafrica, the summit aims to bring together leading tech companies, investors, and entrepreneurs to explore key sectors in the continent to drive investment and business between itself and the rest of the world. The fact that the African continent will have 700 million smartphones within five years is going to be game changing. From edu-tech to health-tech to ag-tech,...
Visa has partnered with Nest Africa to start a boot camp that will power collaboration opportunities between early stage technology companies, Visa and financial institutions from across Africa. The Visa Bootcamp aims to facilitate collaboration opportunities between early stage technology companies and financial institutions from across Africa for potential integration. Standard digital reports that ten participants were selected from a pool of 122 applicants from 12 countries including Kenya, Uganda, Rwanda, Ghana, South Africa, Cameroon, Nigeria, Belgium, Switzerland, UK, France and the US, who pitched their fin-tech solutions to an expert panel for a spot at Visa’s first innovation boot camp in Africa. Visa Country Manager for East Africa Sunny Walia said the finalists
The San Francisco based ride service Uber has experienced explosive growth since its founding in 2009 and the growing popularity of the service has prompted a backlash from taxi organizations in many its operating regions across the globe. The company which is valued at over $60 billion has been suffering a barrage of attacks and criticisms about its modus operandi. From accusations of blatantly flouting laws governing taxis, to benefitting from allegedly stolen data, Uber’s executives and legal team are bracing themselves for a tough time ahead. TechMoran reports that several factors have led the taxi hailing company straight to war. The prejudiced corporate culture in the organization is the first threat towards the company success. Susan Fowler, a reliability engineer at Uber
Africa's electronic commerce (e-commerce) market is primed for major growth as mobile internet performance continues to improve, a proposed national addressing system comes into existence, and people become more comfortable with digital transactions. The sector has now got a foothold in a wide range of countries, some obvious but many less obvious. As with m-money, it will grow in some places but not others. The big investors in the African e-commerce sector include: African Internet Group, Naspers (co-investors with Kinnevik in Nigeria’s Konga), Swiss-owned Ringier, Casino (a French company with e-commerce platforms in Cote d’Ivoire and Cameroon) and One Media Africa (backed by Tiger Global). Naspers has been in and out of Sub-Saharan Africa in this area once already with several
Technological gaps will keep on growing between developed and developing countries as long as new approaches are not adopted in the teaching of Science, Technology, Engineering, and Mathematics (STEM) in training institutions. In line with this, the Miss.Africa Program initiative sets the bar high by training female trainees in mobile coding program to better their future in the male dominated IT sector. The trainees are able to get life skills mentoring, experience-sharing with STEM experts, Coding skills, and industry exposure. The girls trained usually have many positive comments at the end of each event on the change of perception in Stem careers. This initiative which emphasizes on the importance of technology in enhancing collaboration in future is among the many voices find