Tag: innovation

Easy Hang creates a revolutionary biodegradable hanger

Easy Hang creates a revolutionary biodegradable hanger

Business, Technology
An innovator, identified as Shannyce Wambui, through her company, Easy Hang, created a revolutionary hanger made entirely out of biodegradable material and can also be folded. The bank honored her effort in cleaning up the continent by producing green products through a scheme aimed at comparing the challenges experienced by female and male innovators when starting a business. Through a note posted on the bank's website, Wambui explained that she came up with the idea after working in the fashion industry for years and poor hanger designs made it difficult for her to deliver effectively. "Hangers are highly functional objects that each one of us relies on and uses daily, however, they usually go unnoticed and that is why they have remained relatively unchanged for the past 100 years
Africa in the Digital Era – Hype or Reality?

Africa in the Digital Era – Hype or Reality?

Business, Internet, Startups, Women
Former Nigerian Minister for Communications Technology, Dr Omobola Johnson, delivered the UN Economic Commission for Africa’s (ECA) annual Adebayo Adedeji at the ongoing Conference of Ministers in Marrakech.  Held in memory of the Nigerian scholar Adebayo Adedeji – arguably one of Africa’s leading proponent of regional integration – the lecture focused around the question of digital transformation and the digital era  in Africa: Hype or Reality? “There is enough evidence that Africa can be digitally transformed. But what is holding us back from moving to the digital era? asked Dr Johnson when she delivered the lecture to ministers and a host of experts attending the Economic Commission for Africa (ECA) Conference of Ministers. As the world-wide-web celebrates
World Bank approves $50 million to boost Kenya’s development plans

World Bank approves $50 million to boost Kenya’s development plans

Technology
The World Bank today approved a $50 million International Development Association (IDA)* credit to increase scale innovation and productivity amongst Kenya’s enterprises. The Kenya Industry and Entrepreneurship project (KIEP) is expected to benefit some 33,050 individuals and 2,393 firms. It will support the ambitious development targets outlined in Kenya’s Big Four development agenda and Vision 2030 that require significant growth in private sector jobs and overall productivity. The Ministry of Industry, Trade and Cooperatives, through the Kenya Industrial Transformation Program, prioritizes technology and innovation as the cornerstone for national industry development and the role that private sector firms play in driving Kenya’s industrialization. “We are committed to suppo
Africa’s Youth Poised to Drive Innovation

Africa’s Youth Poised to Drive Innovation

Technology
Technological innovation is becoming a major economic and social development accelerator on the African continent. The world’s population is set to increase from the 7.6 billion people we currently have. According to the UN, the world population will increase by another four billion people by 2100. What is the main reason for this? It’s not because more children will be born, It’s because there will be more adults. The youth of the world are set to mature. How these young people will be distributed around the world is even more interesting. Africa’s demographics are unique from the rest of the world in the sense that we are continent of young people. It is predicted that within a period of three generations, 41 per cent of the world’s youth will be Africans. It is also expected t
Innovation Is The Key To Keep Africa’s Growth

Innovation Is The Key To Keep Africa’s Growth

Internet, Technology
According to the African Development Bank, Africa is the continent with the world’s second fastest growing economy. There’s little doubt that our vibrant continent is making great strides towards a bright future, with our economy expected to grow by 3.4% in 2017 and 4.3% in 2018, according to research in the African Outlook Report. Children across Africa’s rural communities are being left behind – and with more than 70% of the continent’s population living in rural areas, this is a major problem. The same report shows that at least half the population resides more than 25km from the nearest fibre connection. It’s clear that while we may be celebrating the growth of connectivity in cities, last-mile connectivity is still a major stumbling block. While the Internet School contai