Tag: Africa

LAGOS (Reuters) – 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 more employable, its chief executive said on Thursday. The U.S. technology giant also hopes to train 100,000 software developers in Nigeria, Kenya and South Africa, a company […]

JOHANNESBURG (Reuters) – Late to the party, WeChat, China’s biggest Internet-based mobile messaging platform, is scrambling to get a piece of the action in the booming African market. The move is leading the South Africa-China joint venture down a fiercely competitive path as Facebook’s WhatsApp is already part of the social media fabric in most […]

Over the years, the ‘Fintech’ (financial technology) industry has acquired extensive experience in addressing Africa’s business needs, consumer needs, technology challenges and has continued broadening its boundaries, scales and improving peoples lives by providing and developing a broad range of innovative solutions and services. On the other hand, banks with their restrictive approach when it […]

Project Loon is, apparently, not disruptive. But, says Google, get ready to be a bit disrupted. And think differently. And accept that this is infrastructure, Jim, but not as we know it. Google is set to become the infrastructure provider for the people we normally consider to be the infrastructure providers – the telcos. And […]

(Reuters) – Facebook Inc said it would launch a satellite in partnership with France’s Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite, part of Facebook’s Internet.org platform to expand internet access mainly via mobile phones, is under construction and will be launched in 2016, the companies said on Monday. […]

JOHANNESBURG (Reuters) – Facebook has nearly 20 million users in major African markets Nigeria and Kenya, statistics released by the social network showed on Thursday, with the majority using mobile devices to access their profiles. Facebook opened its first African office in Johannesburg in June as the continent’s growing population and relatively low levels of […]
Africa is ahead of the US in terms of the rate of payments innovation, while Europe is lagging way behind. This is according to the Payments Innovation Jury Report. The study is released every two years and details global trends in payments innovation, and future opportunities and challenges for the industry. The report shows both […]
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