Tag: Alibaba

Kenya , S. Africa & Nigeria: Biggest winners of Google’s Africa tech training

Kenya , S. Africa & Nigeria: Biggest winners of Google’s Africa tech training

Internet
The Internet is at the heart of economic growth of any nation. Currently, 80% of people find out about new business through search and directories. However, Digital Skills are still under-developed, making it harder for African economies to get the most out of the web. Google aims to close this gap by training 10 million people in Africa in online skills over the next five years in an effort to make them more employable. The U.S. technology giant also hopes to train 100,000 software developers in Nigeria, Kenya and South Africa, a company spokeswoman said. Google’s pledge marked an expansion of an initiative it launched in April 2016 to train young Africans in digital skills. It announced in March it had reached its initial target of training one million people. Google said it wil
Chinese e-commerce mogul Jack Ma : Africa’s challenging situation should be a source of innovation

Chinese e-commerce mogul Jack Ma : Africa’s challenging situation should be a source of innovation

Business
To many, he embodies the idea of success. Jack Ma, a Chinese billionaire, jetted into Nairobi Wednesday evening, started a packed two-day visit that peaked with a public appearance at the University of Nairobi and a speech to Kenyan youth tips on how to build successful business empires. Throughout his many public lectures that are available online, Jack Ma has emphasized a philosophy of personal change and humility, empowerment of women in public lives, and investing more in youth. Jack Ma said that Africa's poor infrastructure, social, economic and political situation should be a source of innovation for most entrepreneurs, just as lack of e-commerce in his home country inspired him to start one of the biggest online marketplaces. "If the Government does not have a solution to...

Alibaba throws billions at figuring out how to turn mobile into money

Business, Mobile
Chinese e-commerce giant Alibaba may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices. Reports ITWeb Alibaba, which is heading towards a bumper New York IPO later this year, is throwing billions of dollars at figuring out how to thrive as half a billion people, 80% of China's 618 million Internet users, go online via mobile. The Hangzhou-based firm said last month that mobile has become an increasing source of transactions, now accounting for more than a quarter of the value of goods sold across its online marketplaces. But Alibaba's shift to wireless commerce is a double-edged sword: mobile commerce brings in significantly less revenue than traditional e-commerce. The quick-hit