Technology

Innovating for Africa’s growth is a global Imperative

Innovating for Africa’s growth is a global Imperative

Startups, Technology, Women
Africa's rise has become a widely discussed international policy topic. With aging populations and stagnating economic growth, developed economies are looking toward Africa as a source of skilled labour and, increasingly, innovation. Africa's ability to sustain its current growth will depend largely on how quickly it will be able to shift from reliance on traditional commodity markets to modern economic structures that focus on technology-driven development. The focus on innovation is emerging as a key theme in the Africa Union's long-term strategy, Agenda 2063. As a latecomer, Africa has the benefit of tapping into vast quantities of technological knowledge available worldwide. The continent's leapfrogging into the mobile revolution illustrated the power of latecomer advantages....
Kenya leads the way for Africa’s Technological Innovation

Kenya leads the way for Africa’s Technological Innovation

Technology
Technology plays an important role in Africa’s development. New innovations are destroying old ways of doing business, and smart young startup entrepreneurs are at the forefront of this quiet but historic transformation. The origin of Africa’s tech movement can be traced back to Kenya, which was home to several major technological innovations between 2007 and 2010. These innovations birthed Kenya as the Silicon Valley of innovation in Africa. Now, Kenya is known to all as the Silicon Savannah. At the same time, we have seen a number of spin offs of Kenya’s unique entrepreneurial revolution reach across Africa and into other corners of the world, attracting global recognition for the country. The Kenyan government has been at the forefront of technology development. Investor
Facebook & Google dominate the list of 2016’s top apps

Facebook & Google dominate the list of 2016’s top apps

Internet, Mobile, social media, Technology
Mobile applications from Facebook and Google dominated the new list of the year’s top apps released by Nielsen. Facebook, a social network company also dominated the second spot with Facebook Messenger at 129 million unique users per month. Following Facebook's winning of the top spots, Google holds most of the remaining spots with YouTube (113 million), Google Maps (105 million), Google Search (103 million), Google Play (99 million), and Gmail (88 million). Another Facebook-owned app in the 8th spot, Instagram (74 million), bookends the Google apps. According to  Techcrunch , among the top 10 smartphone apps, the apps with highest year-over-year change were Amazon App and Instagram, with 43% and 36% growth in users from 2015, respectively. Nielsen also took a brief glim
Apple reveals autonomous vehicle ambitions

Apple reveals autonomous vehicle ambitions

Technology
Apple has confirmed it is working on the technology for a self-driving vehicle Newshub reports. According to Apple, they are investing heavily in the study of machine learning and automation, and is excited about the potential of automated systems in many areas, including transportation. The firm as well looks forward to collaborating with NHTSA and other stakeholders so that the significant societal benefits of automated vehicles can be realized safely and responsibly. Three months ago, Apple reportedly restructured the unit working on the self-driving technology, shifting its focus from building its own car to designing the operating system and software for autonomous vehicles. Apple also encourages data sharing, particularly for accidents, saying that would enable the in...
Italian Banks set up Cybercrime response team to maintain Cyber security

Italian Banks set up Cybercrime response team to maintain Cyber security

Cyber Security, Governance, Technology
Big banks are revving up efforts to combat cyber criminals targeting the financial-services industry to maintain cyber security in the sector. The Bank of Italy, together with the Italian Banking Association and the ABI Lab Consortium recently signed an agreement to strengthen cooperation on cyber security. The objective is to ensure greater security for operators in Italy’s banking and financial sectors and for the households, businesses and general government departments that use digital services. According to a U.S. cyber security report released by IBM financial-services industry ranked third in number of cyber attacks last year, after health care and manufacturing. Finextra reports that the agreement will see the creation of a highly-specialized Computer Emergency Resp