Zambian agritech, Good Nature Agro (GNA), has raised a US$ 2.1 million Series A round from Goodwell Investments and existing seed investors Global Partnerships and FINCA Ventures. GNA co-founder and CEO, Carl Jensen, explained that funds will propel the startup further towards its main goal of serving small-scale farmers by upscaling their current business model. ...
Huawei technicians aided the Ugandan and Zambian governments spy on their political opponents, leading to their arrest, according to The Wall Street Journal. Technicians working for Huawei aided members of the government in Uganda and Zambia spy on political opponents according to a report by the Wall Street Journal. The report cites ...
Zazu, which began at the Ignite Accelerator as an e-commerce platform for farmers has raised over £200,000 for a 7.51% equity at a pre-money valuation of £2.5m to build a digital-only bank in Africa, bringing financial inclusion to millions.Co-founded by Perseus Mlambo, CEO, Adam Farah, CTO and Alessandra MartiniCOO, the UK firm had sought £150,000 for 5.73 percent equity. The 21st ...
BongoHive has partnered with Amazon Web Services (AWS) to provide startups that have been through a BongoHive program with free hosting services on their Amazon Web Service platform. The offer from Amazon Web Services to BongoHive startups includes free access to AWS and tools via AWS promotional credits (approx. 2 years), free ...
Ethereum driven Blockchain network XinFin has introduced TradeFinex, its trade and finance platform in Botswana, Zambia and Kenya after completing its Africa awareness program across the three nations last month. This comes just a few weeks after Belfrics Global launched a bitcoin exchange in Kenya with plans to expand across ...
TRINE Team photo by© Emmy Jonsson TRINE, a crowdfunding investment platform which helps investors locate and fund profitable solar energy projects in developing countries is raising 3,500,000 EUROS ($3.7m) to scale its operations in East Africa, in a move expected to enable the spread of solar ...
Food delivery apps are becoming hotcake everywhere as we get busy and the only convenience is just ordering whatever food you want without much work. Food Panda or Hellofood and its sister companies has the data of the near surge of online food ordering and the firm has of late ...
Across Africa, democratic rule is being sought after by the people. According to the International Institute for Democracy and Electoral Assistance (IIDEA), Rwanda’s 98% voter turnout rate for presidential elections (voting is non-mandatory) is the world’s highest with 9 other countries from Sub-Saharan Africa (SSA) outscoring France (80%) and the ...
Data from the UN’s World Economic Situation and Prospects (2015) report shows that 13 of the top 20 countries by annual growth rate of real GDP in 2014 are from Sub-Saharan Africa (SSA), with Sierra Leone (10.4%) and Zambia (8.3%) leading the world. Projections for 2015 reveal similar trends with ...
CEC Liquid Telecom has launched its Fibre To The Home (FTTH) service in Zambia promising up to 100Mbps broadband speeds to homes and businesses with unlimited data packages. The FTTH is expected to enable businesses to use cloud-based services such as Microsoft 365, Dropbox and online backups; as well as ...
PWC’s Paying Taxes Report (2015) evaluates tax regimes in 189 countries around the world. The report reveals that Africa’s Total Tax Rate (TTR, overall tax burden imposed on business) has been continuously reduced since 2005 such that 15 African countries including Zambia, Ghana and Rwanda have lower TTRs than 7 ...
The Global Entrepreneurship Monitor Global Report (GEMGR) assesses the state of entrepreneurship in the world. The 2013 GEMGR report shows that there are proportionally more women entrepreneurs in Sub-Saharan Africa (SSA) than other world regions. In Ghana, 28% of women are entrepreneurs as compared to only 10% in the USA ...
Liquid Telecom Zambia announced today it is investing US$5 million to build a new 500km fibre link between Lusaka and Victoria Falls in Livingstone in a move expected to give both retail and wholesale customers the most reliable, high-speed broadband connectivity in the region. The new link will start in Lusaka ...
Rocket Internet-backed Carmudi went live in December in Zambia in move to help people in Zambia get the best selection of cars from dealers throughout the country online and on their smartphones. Carmudi Zambia aims to connect car buyers to both new and used car dealers and the firm says ...
The 2014 Rule of Law Index (RLI) measures the level of adherence to national laws in 99 countries based on 9 sub-indices (scores from 0 to 1, 1=High). One sub-index measures the level of government transparency and accessibility, and Ghana (0.5) outperforms Italy (0.49) as well as Russia (0.43) and ...
StreetCred, a Zambian airtime distributor has partnered with South Africa's mobile POS service firm Nomanini in a deal expected to transform Zambia airtime distributorship for good. The firms say they have been piloting the service for the past nine months,increasing the number of Nomanini's cloud-based PoS terminals to StreetCred's network ...
The mobile ecosystem’s economic contribution (% of GDP) is highest in Sub-Saharan Africa (SSA), contributing 6% of GDP (2012) and poised to reach 8% by 2020 – this is in comparison to 4% and 1.4% of GDP in Latin America and Asia Pacific (2012). SSA accounted for 37% (3.3M people, ...
The Global Entrepreneurship Monitor (GEM) surveys the state of entrepreneurship in 70 countries, of which 11 are African. GEM data (2013), which measures yearly growth of a country’s entrepreneurial activities based on the number of new business ventures (more than 3 but less than 42 months old), shows that Nigeria, ...
As part of electoral rigging, officers from Zambia’s ruling party PF (Patriotic Front) working within ZICTA will close down as well as cut down internet data and mobile phone service in five constituencies, according to a source close to the intelligence wings. The source further mentioned that the phone service ...
Mobile phone manufacturer Huawei and telecoms operator MTN Zambia have jointly launched the most recent Huawei G6 mobile handset they say "provides users with the most advanced mobile-based technology." Commenting on the launch of the gadget, MTN spokesperson Clement Asante said it was a great opportunity for MTN to collaborate with ...
ISAT Zambia has launched the first commercial VSAT (Very Small Aperture Terminal) hub in Lusaka. The VSAT, which is a small private earth station, will be used to transmit and receive data via a satellite. ISAT Zambia is a member of the Wananchi Group, which is a $300 million investment ...
The Africa team for Garmin Africa, a global leader in GPS satellite navigation, will host meetings with business partners, potential resellers and buyers in Zambia’s capital Lusaka from 26 to 29 August 2014. The Garmin trade delegation seeks to meet and engage with potential resellers, buyers and business partners in ...
Being a researcher or student in Africa is a problem, especially due to the burden of slow Internet connectivity which has consequently widened the gap between the continent’s researchers and their peers globally. To end this menace, UbuntuNet Alliance, the research and education network for Eastern and Southern Africa; and ...
During the official opening of the 3rd African Women's Economic Empowerment Summit held last week in Lusaka, Zambia, the President of the African Development Bank, Donald Kaberuka, urged countries to involve women in their development agendas to spur economic growth in nations. “We are working to establish targets that ...
In recent years, intra-African trade has been on the increase. In the period between 2005 and 2012, intra-African trade (excluding informal cross border trade) increased from US$62 billion to US$147 billion - an increase of more than 100% that accounted for 12% of overall African trade. In terms of global ...
Zambia's first educational tablet dubbed ZEduPad has launched with over 1 1000s of lessons of Zambian school syllabus and teacher resources. The touch-screen tablet computer has primary school lessons for Grade 1-7, including early grades in eight local languages, and has many other apps for education, farming and health. Its ...
