Internet service provider Liquid Telecom Kenya has warned that Africa is set to run out of Internet Protocol (IP) addresses as early as next year, potentially slowing down digital growth in the continent. The IP addresses are the website’s equivalent of telephone numbers. They are used behind the scenes anytime data moves online, for example, when a laptop requests a Web page or a smartphone posts an Instagram photo. Africa is currently on the older IPv4 addresses, while the world is migrating to the new Internet Protocol, the IPv6. Africa is the last continent with available IPv4 addresses, according to Liquid Telecom, but it is now also running short. “We are almost eating into the last block of 16 million addresses of the IPv4 space that the regional Internet regist
The IMF told the AFP at a recent conference on promoting access to financial services in Dakar, Senegal, that Africans are “leading in the world” in their uptake of mobile banking services. And according to Pakistan’s Daily Times, more Africans are using the banking services offered through mobile phone companies, and many experts believe that this trend will reduce poverty. Those using mobile services are not just those in urban areas; people in remote villages are also using mobile services. In many areas, the roads are in such poor condition that contacts who carry cash to villages are unable to reach many of the rural inhabitants. Cash deposits are therefore made at kiosks, and money is sent via text in many areas by those who have no access to traditional bank accounts. Mitsu
As the #DataMustFall campaign gains traction in South Africa, data costs in neighbouring Zimbabwe are unlikely to drop - despite the country having the third most expensive mobile data in Africa. According to a Research ICT Africa report on the state of prepared market - cost of communication, Zimbabwe's cheapest monthly 1GB data package is set at US$30. The two most expensive monthly bundles in Africa were from South Sudan (US$90.83) and Swaziland (US$30.33) said Chenai Chair Researcher/Communications & Evaluations Officer for Research ICT Africa. The cheapest 1GB of data is available in Tanzania (US$0.89), Egypt (US$2.82) and Mozambique (US$2.87). At US$5.27 South Africa was placed in 16th position out of the 47 countries recorded. The report made quarterly comparisons on...
There are over 1,000 Blockchain companies in the world, and the number is growing daily as startups emerge. Although global Blockchain market is dominated by companies in the UK and US, Africa makes up 1.4% of the start-ups. In Africa, Blockchain technology provides a tremendous opportunity for start-up companies to solve numerous Africa’s problems. The following are 10 Blockchain technologies Africa as reported by TechBullion. 1) AMoney AMoney utilizes a multi-rail technology to bring four rails together: the AMoney protocol, the Ripple protocol, the Stellar protocol and the Blockchain technology to unify mobile wallets in Africa and enable a large volume of low-value cross border payments. 2) BitPesa BitPesa provides is a world-class platform that allows users to trade
Tech giants of Silicon Valley are undeterred by the economic slump afflicting much of Africa. Facebook, Google, Oracle and Uber Technologies are at the leading edge of turning the world’s frontier markets digital. As the commodity crash buffets the continent’s biggest economies, the interest and investments couldn’t come at a better time. Almost half of foreign direct investment projects in Africa last year were in technology, telecommunications, financial services and consumer products. The amount dedicated to oil, gas and mining dropped to 6 percent - from almost a quarter in 2005 - according to EY, a consultancy firm. “There’s been a big shift from an almost exclusive focus on extractive sectors to those such as consumers and renewable energy,” said Michael Lalor, the Johannesbu