Tag: africa

New D4Ag Report: Africa’s Emerging Agritech Market Valued at USD 5.9 Billion

New D4Ag Report: Africa’s Emerging Agritech Market Valued at USD 5.9 Billion

Business, Internet, Technology
Cellulant’s Agrikore platform – an online marketplace for smallholder farmers, agricultural input and produce traders is tapping into Africa’s emerging Agritech market valued at €5.3 billion according to a new report by the Technical Centre for Agricultural and Rural Cooperation (CTA) and Dalberg Advisors. The State of Digitalisation of Agriculture in Africa 2019 report identifies online marketplace solutions such as Agrikore as significant use cases of how digital tools are being built to tackle major challenges of attracting and retaining a significant number of buyers and sellers, and in thus doing, help to solve the problem of inefficient and fragmented agricultural markets. The Agriculture market in Africa is projected to grow to $1Trillion by 2030. It continues to be a catalyst
Logistics challenges facing eCommerce in Africa

Logistics challenges facing eCommerce in Africa

Business, Internet, Mobile, Technology
According to Euromonitor, the world’s fastest growing economies by 2030 will be in Africa. This consequently makes the continent the next big e-commerce market. And as this positive narrative continues to place Africa as a top investment destination, the need for advanced logistics systems has become inevitable. The growth of e-commerce will significantly depend on the quality and efficiency of logistics networks; from intra and cross trade to financial transactions in payment of goods and services. When writing the African e-commerce story, I often leap at the chance to explore only the enviable milestones the continent has made. Nevertheless, there still exist formidable challenges especially in logistics, a vital constituent of the industry. The African Development Bank, in its 2019
Sub-Saharan Africa’s Ad. investment represents only 0, 47% of global investments.

Sub-Saharan Africa’s Ad. investment represents only 0, 47% of global investments.

Business
Sub-Saharan Africa hosts 17% of the world’s population, but represents only 2% of the world’s gross domestic product. In terms of advertising investment it represents only 0, 47% of global investments. This is mainly because Africa is made up of many different countries with many different cultures and languages, unstable rules and regulatory environments, and a historic lack of data to help understand the marketplace. The Africa Media Index, which comprises data from 14 African countries, aims to provide consistent and reliable information which gives a clear understanding of the media landscape across Africa. The countries include Ivory Coast, Ghana, Nigeria, Kenya, South Africa, Uganda, Zambia, Namibia, Zimbabwe, Tanzania, Mozambique, Botswana, Angola and Ethiopia. The index, p
Cisco Supports Digitization in Africa through Its NetAcad Program

Cisco Supports Digitization in Africa through Its NetAcad Program

Broadband, Startups, Technology
Speaking at the Cisco Connect conference, the company promises to support the digitization in African communities, businesses, and governments through its initiatives for development, innovation, and job creation on the continent. David Bunei, the Country General Manager for Cisco East Africa and Indian Ocean Islands, said: “We are living in a world that is changing faster than ever imagined. We are inspired by the prospect of an economy with abundant jobs, a place where entrepreneurs can thrive. Our goal is to enable small and medium businesses to accelerate their growth by helping them access our world-class technology.” One of the initiatives is the Networking Academy (NetAcad) program that aims at providing students hands-on digital skills to better prepare them for their
Why Tech giants like Google and Microsoft are flocking to Africa

Why Tech giants like Google and Microsoft are flocking to Africa

Business, Internet, Technology
Now approaching 226 million, the number of smartphone connections across Africa has doubled over the last two years, according to a report published by GSMA on Africa's mobile economy. This leap coupled with the growing number of technology hubs and companies in major African cities is a boon for tech investors. It's why Microsoft and Google are not the only international technology companies staking their claims on the continent. Thanks to one of Google's many products, TensorFlow, rural farmers on the continent can diagnose diseased plants by taking a photo of it. TensorFlow came with the launch of Google's artificial intelligence (AI) center in Accra, Ghana's capital city earlier this year. The center, one of the multinational tech company's many investments in Africa, is compr...