Africa > East Africa > Communication

Communication / ICT in East Africa

  • Digital IQ for African companies track global averages – but South Africa is at risk of falling behind

    BOTSWANA, 2017/10/04 Most organisations around the world have not done enough to keep up with the digital era – and leadership is falling short, with a lot of chief executives not from presently on fully engaged in the initiatives of digital transformation. African companies match their world peers in a lot of measures of Digital IQ: just over half (52%) rate their organisation’s Digital IQ as strong – a score of 70% or better. However, South African companies stand at risk, with less than half (47%) rating their organisation’s IQ over 70%. These are some of the highlights from the 10th edition of PwC’s World Digital IQ survey (http://APO.af/FZSmmw), with a focus on Africa. “Digital IQ has a different meaning today than it had at the same time as PwC (www.PwC.com) started this research a decade ago. Tielman Botha, Digital Lead for PwC South Africa, says: “Today, the scope and scale of digital-driven change has grown significantly, and organisations have invested a lot of time and money to keep up.
  • Kenya, Nigeria & S. Africa: biggest winners of Google's Africa tech training

    KENYA, 2017/09/09 Alphabet Inc’s Google aims to train 10 million people in Africa in online skills over the next five years in an effort to make them additional employable, its chief executive said on Thursday. The U.S. technology giant as well 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.
  • Kenya awards major contract for construction of core infrastructure for smart city

    KENYA, 2017/09/06 In early July the government contracted Italian construction firm ICM to build roads, water and sewerage systems for the $14.5bn smart city project, which is under way 60 km south of Nairobi. The KSh40bn ($390m) transaction covers engineering, procurement, construction and financing. Work has by presently begun on the sewer system and access road, inclunding internet, power and water infrastructure, according to Victor Kyalo, principal secretary at the Ministry of ICT. Government plans to establish Kenya as the “silicon savannah” received a boost with the awarding of a $390m arrangement to build key infrastructure for Konza Technopolis, a master-planned property development targeting Kenya’s ICT sector.
  • Kenya's latest mobile phone bond falls short of target

    KENYA, 2017/07/22 An innovative Kenyan bond which is bought via mobile phone had raised far less than the 1 billion shillings ($9.6 million) targeted on Friday, failing to match a previous success. In March, the East African country became the initial country to issue a mobile phone-based bond, which can be bought by phone users without the need for them to have a bank account. Investors can use mobile phone networks' financial platforms like M-Pesa to send money and receive interest payments on the M-Akiba bonds, which can be traded in the secondary market.
  • Kenya Third Most Innovative Sub-Saharan Africa Country

    KENYA, 2017/07/16 Kenya has been ranked the third most innovative country in sub-Saharan Africa. The United Nations' World Innovation Index 2017 places Kenya third next South Africa and Mauritius. The index which is in its 10th edition surveys some 130 economies using dozens of metrics, from patent filings to education spending providing decision makers a high-level look at the innovative activity that increasingly drives economic and social increase.
  • Five billion people in the world use mobile phones, 436 million in sub-Sahara Africa

    BOTSWANA, 2017/06/15 The number of mobile phone subscribers in the world has reached five billion, according to the research arm of the world mobile industry organization, GSMA. But sub-Sahara Africa is the least penetrated with 436 million incomparable subscribers, the organization says in a press release copied to ghanabusinessnews.com. The GSMA defines a ‘incomparable mobile subscriber’ as an individual person that can account for multiple ‘mobile connections’, that is SIM cards. According to GSMA Intelligence, the world’s five billion incomparable mobile subscribers today account for approximately 7.7 billion mobile connections – excluding mobile-to-mobile (M2M).
  • Tanzania: Vodacom IPO Attracts 40,000 Tanzanian Investors

    TANZANIA, 2017/06/07 Vodacom Tanzania Plc's initial public offering (IPO) has attracted over 40,000 Tanzanian investors, a lot of of them initial time participants in the capital market, the telco has said. The IPO is set to be the major in the history of the Dar es Salaam Stock Exchange.
  • Somalia was one of the last African countries to go online.

    SOMALIA, 2016/11/28 Next living and studying in several Asian nations for 7 years, Mohamed Abdilahi Dahir came back to Somalia without a plan on what to do next. At the same time as he started asking around for data about start-ups and investment , he couldn’t find anyone to guide him. To better understand the market, he enrolled in a business government program at a local university in Hargeisa, the capital of Somaliland region. Early this year, Dahir (no relation of the writer) started Better Business Solutions, a consultancy that helps coach entrepreneurs. The company assisted young enterprises to develop business plans, conduct market research, and approach financiers. Dahir and his team as well heeded their own advice and started pitching some of their ideas to investors. It was only a matter of time before opportunities came calling. In early October, their electronic payment project dubbed ePocket, was selected from a pool of 160 applications to be part of the 12 inaugural projects nominated for the 2016 Innovate Accelerator program. The program was organized by Innovate Ventures, the initial ever Somali tech accelerator, alongside the pan-African startup funding platform Venture Capital for Africa, alongside British aid organization Oxfam.
  • 3 Ways Digital Technology Can Transform Africa Into a Global Power

    BOTSWANA, 2016/11/03 Africa is home to some of the world’s greatest digital innovations. From medical applications to inventions aimed at enabling the continent’s educational system, the continent is not just experiencing a digital revolution, but it’s as well solidifying its place as world leader in science and technology. The number of young people creating life-changing digital applications in Africa continues to grow. In Mozambique, counselors are using Short Message Services to spread awareness about HIV/AIDS, while in Nigeria a Do It Yourself generator that can produce six hours of power just from a liter of urine was invented by a group of 15-year-old girls. And in Zimbabwe, a 24-year-old engineering student has managed approaching up with a machine that turns plastic into diesel.
  • Merger creates pan-African online merchant access across 24 countries

    CAMEROON, 2016/10/04 A merger between South African company PayGate and the East African Direct Pay Online Group will create a pan-African online payment processor that will provide local business owners with a single point of contact to accept online payments in 24 African nations – from Cameroon to Mauritius. This vision to build a pan-African payment processor will be supported by a significant investment in DPO of additional than R100m by Apis Partners , which is focused on financial services in the increase markets of Africa and Asia. PayGate was founded in 1999 and has additional than 15 years of experience in providing payment processing and merchant services throughout Southern Africa. The company enables quick, fasten online payments through a wide variety of payment solutions in South Africa and beyond, and supports a large array of digital payment methods.