There is little doubt that the digital economy has transformative potential for emerging markets like the ones on the African continent. It can create jobs, stimulate economic growth and provide a range of development opportunities, just to name a few benefits. But without the fundamentals...
For the first time in decades, food security is at the top of the political agenda in Europe. The BBC recently reported that about 20 million tonnes of grain meant for export have been trapped in Ukraine since February, along with other foodstuffs such as...
According to Wendell Weeks, chief executive of tech company Corning, the EU is lacking a supply chain to deliver fiber optic cable needed for 5G networks. Weeks said the EU doesn’t “really have a robust supply chain,” according to Financial Times (FT). Corning recently opened...
YouTube is rolling out a new tool to offer options for education, which it says is a crucial reason some users visit the site, according to a company blog. The point of the update is to offer more accessible learning tools for users, and it...
FinTech Figure Technologies is launching a new banking and payment business called Figure Payments Corp., the company announced Wednesday (Sept. 7). According to the announcement, Figure Pay, a subsidiary of Figure Payments Corp., will deliver Banking-as-a-Service (BaaS) offerings through a highly scalable, quickly deployable application...
The East African archipelago of Zanzibar may be most well-known for its tourism, beaches and wildlife, but the local government is pinning its hope on Silicon Zanzibar, a new public-private initiative, to also turn the island into a leading hub for Africa’s tech firms. Led...
In the most recent quarterly report published by the International Data Corporation (IDC) to assess the state of the global mobile phone market, it was reported that smartphone shipments across Africa declined 7.9% quarter-on-quarter in the second quarter of 2022, continuing a trend that has...
While Africa’s FinTech sector may have steamed ahead in the creation of unicorns, the region’s HealthTech sector has proven to be every bit as innovative and of increasing interest to Africa-focused venture capital (VC) firms. As Jeff Stine, an Africa-focused venture capitalist noted this month...
Even in the early days of its commercial rollout, we know that 5G has the fastest throughput and connective capability of any standard yet conceived, but it remains somewhat of abstract. That era is setting as 5G solutions and experiences begin appearing in stores and...