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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

E-commerce

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Africa

Nairobi, Kenya, Set to Host the 12th Edition of the Africa Fintech Summit from September 4-6, 2024, at the GTC JW Marriott Hotel

    On September 4-6, 2024, Regulators, Policy Makers, Financial Industry Executives, Fintech Founders, leading innovators, investors, Climate Finance experts and Afroprenours from around the world will gather in Nairobi, Kenya for the 12th edition of the Africa Fintech Summit (AFTS). The summit will take place at the newly opened GTC JW Marriott Hotel in the heart of Nairobi, Kenya. With participants who represent over $4.5bn in private equity and […]

todayMay 7, 2024 37

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Africa

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

    By Franziska Sucker, University of the Witwatersrand   In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africa’s digital economy fits into the broader trade agreement, designed to create a single continental market for free movement of goods, services, capital and people. Franziska Sucker explains the protocol, why it matters and what still […]

todayApril 2, 2024 5

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Business / Economics

Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding.

      By Conrad Onyango, via bird story agency   Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […]

todayFebruary 9, 2024 5

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Opinion Pieces

Harnessing 5G for Entrepreneurs

The arrival of Fifth Generation (5G) technology signals a new era of connectivity set to empower entrepreneurs and businesses across Namibia. As the world transitions into greater digitalisation, 5G stands poised to radically transform how enterprises operate, innovate, and thrive. The Communications Regulatory Authority of Namibia (CRAN) recognises the immense potential of 5G to activate entrepreneurship and cultivate startups within the nation.1 With unmatched speeds, ultra-low latency, and expanded bandwidth, […]

todayFebruary 1, 2024 22

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Science & Technology

In the market for a car? Soon you’ll be able to buy a Hyundai on Amazon − and only a Hyundai

Hyundai and Amazon announced a big partnership in November 2023. Robyn Beck/AFP/Getty Images Vivek Astvansh, McGill University This is the year you can finally buy a car on Amazon. Well, one kind. Eventually. On Nov. 16, 2023, at the Los Angeles Auto Show, Amazon and Hyundai made a big announcement: Starting sometime in 2024, a new pilot program would let shoppers not only browse Hyundai cars on Amazon.com but pay […]

todayJanuary 29, 2024 43

Africa

Africa’s cashless revolution is on, banking on virtual cards

    By Bonface Orucho, bird story agency International card companies are vying for Africa's fast-evolving electronic payments market as middle-class incomes rise and the quest for cashless transactions intensifies. UnionPay International, a subsidiary of China's Union Pay, is the latest entrant in the African card payments market, warming up to face-off with Visa and Mastercard. Notably, UnionPay International is partnering with the Standard Bank Group, the largest bank in […]

todayJanuary 23, 2024 22

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Africa

Rwanda pushes Africa towards universal smartphone access

  By Seth Onyango, via bird story agency Progressive policy reforms and the influx of budget-friendly smartphones are steering Africa towards complete digital connectivity in just over a decade. Rwanda's recently-announced, three-year target is the most ambitious on the continent, although statistics show that other nations are also rapidly closing in on similar milestones. As part of Kigali's innovative funding scheme, citizens can obtain handsets at the subsidised price of […]

todayJanuary 22, 2024 25

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Africa

10 ventures announced for the Africa Tech Summit Nairobi 2024 investment showcase

Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 […]

todayJanuary 19, 2024 11

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