Africa Business Central
e-Conomy Africa 2020 – Africa’s $180 Billion Internet Economy Future: Google & IFC (Infographic & Report)
Africa’s Internet economy is transforming development on the continent by fostering economic opportunities, creating jobs, and providing innovative solutions to complex challenges, like access to healthcare, education, and finance.
Tapping Africa’s $180 Billion Opportunity: IFC
Back in 2012, Aisha Pandor, like many mothers of young children, was feeling stressed out. Work and household responsibilities left her little time to pursue anything else. She didn’t need full-time help to manage her home in Cape Town, South Africa, but wasn’t sure how…
How Africa can self-finance its economic recovery: Alain Ebobissé, CEO, Africa50
Covid-19 is hitting the continent hard, but strategies such as asset recycling, continued digitalisation, and stronger regional integration can help ensure that Africa is strong enough to fight back.
Africa’s internet economy is booming but it needs more homegrown software developers
Africa is on course to add $180 billion or 5.2% of aggregate GDP by 2025 thanks to the rapid growth of its internet economy, says a report from the World Bank’s IFC and Google.
Jeff Bezos just became the latest big tech name to invest in an African fintech startup
Over the past five years, high-profile visits to African tech ecosystems by Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, Google CEO Sundar Pichai and Alibaba founder Jack Ma have been signposted as marks of validation.
Nigeria’s Autochek raises $3.4M for car sales and service platform
Nigeria based startup Autochek looks to bring the sales and servicing of cars in Africa online. The newly founded venture has closed a $3.4 million pre-seed round co-led by TLcom Capital and 4DX ventures toward that aim.
Google’s Project Taara to deliver high speed internet to Africans
Google’s latest attempt to power internet connectivity in Africa will involve invisible light beams transmitted at high altitudes.
Nigeria Mulls Social Media Rules as #EndSARS Protests Go Online
Nigerians are sharing art and music on the internet to circumvent a clampdown on protests against police brutality that rocked the country last month.
SAA’s Nine Lives. $250M Cloud Deal. Trump’s Loss, Africa’s Gain? ABC Takeout Edition #3
SAA has dodged yet another bankruptcy. Africa is reclaiming its stolen artefacts. Is racist Trumpism gone for good?
Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa
The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention.