Author: Ken Mutuku

• Botswana has become a thriving ecosystem for many telecom-based organizations with Africa’s highest mobile penetration rate.
• The vision and goals of the Gaborone Metro Ring align with Botswana Vision 2036.
• In March, Liquid Intelligence Technologies revealed the completion of a comprehensive business transformation.

Africa’s telecommunication industry is one of the fastest-growing markets within the economy. With high-standing figureheads such as Safaricom, MTN, and Airtel constantly bringing in innovation, these firms are rapidly progressing the continent’s digital transformation. Liquid Intelligence Technologies, a vital figurehead in the industry, has introduced the Gaborone Metro Ring in Botswana to interconnect local businesses. According to the reports, this new initiative will potentially set Bostwana, a cut above other African governments.

Liquid Intelligence Technologies in Botswana

Africa’s telecommunication industry is by far one of the most competitive markets within the continent. It contains various key figureheads each pioneering to lead Africa’s digital age. During the pandemic, …

With the top African countries facing political and industrial turmoil, more focus has been placed on preventing a further decline in economic growth. One particular country has outdone itself to ensure its consistent improvement in the emergence of a new era; Rwanda. Rwanda’s government has featured prominently among African countries adopting unique approaches to establishing a new economic system. Recently, the Pak-Africa Business Forum set its sights on the East African country to develop a new Africa-Pakistan trade line. This move could improve Africa’s international relations and set Rwanda above its peers in this economic race.…

Africa’s nuclear energy sector has undergone quite a transformation, with multiple governments moving past traditional energy sources to new, greener, and more sustainable ones. Nuclear energy has been a hot topic for most governments, with countries such as South Africa and Uganda releasing project plans for nuclear power plants. In recent news, Tanzania shocked the globe by revealing its nuclear energy plans at the Second Russia-Africa Summit. With these new developments, Tanzania has cast the die stating its intent to outpace its peers and dominate the upcoming era of technology.…

• Nigeria received $1.2 billion in 2022 to fund and support fintech-based startups.
• South Africa led in electronic bank transfers, with 49.1% of respondents selecting their preferred payment methods.
• Kenya took the lead on the best payment automation stem, with 83.4% stating that their B2B payment systems were semi-automatic or fully automatic.

Within the past decade, the world economy has revolutionized into a more digital era. The technological progress of the continent is attributed to the rising technologies, ushering in the fourth industrial revolution. Among these emerging markets is Africa’s fastest and most lucrative economic activity; Fintech.

Africa’s fintech industry has grown exponentially over the past two decades. The endeavours of entrepreneurs and innovators have fueled a new approach to traditional financial systems. Essentially, it has ushered in a new B2B payment system that is reliable, scalable, available and faster.

This new trend met high enthusiasm from several countries within the …

Africa’s fintech industry is, by far, one of the fastest-growing industries in this new industrial revolution. In two decades, that franchise has grown into a trillion-dollar opportunity, attracting multiple investors from all over. Ghana will host The Africa Money and DeFi Summit on October 3rd and 4th. According to the organizations, this event will set a new pace for the industry as it prepares to welcome the web3 ecosystem into Africa’s market.…

• Tagger Media’s market will expand from $10.54 billion in 2022 to $94.24 billion by 2030.
• In 2022, South Africa became the first African nation to acknowledge crypto as a financial product.
• South Africa’s tech industry received US$993,684,600 in funding between January 2015 and May 2022.

Today, plenty of countries within the continent are in a race to attain Africa’s tech Hub titles. Names like Nigeria, Kenya, Rwanda, and Egypt have made headlines with their respective governments embracing new technology. Amid this race to glory, one contender has stood out since the beginning of the digital era, South Africa. As Africa’s most industrialized nation, South Africa has achieved numerous milestones within its digital transformation. In recent news, Tagger Media, the global leading influencer marketing platform, has set its sights on South Africa through an extensive partnership with Tribeez. 

If this collaboration runs its course, it could significantly propel the SA’s digital …

• London will host the AFSIC 2023 on the 9th and 10th of October 2023.
• The AFSIC 2023 will focus on networking, discussing and executing African-based investment opportunities.
• AFSIC’s sister company, Africa Events Limited, operates two multi-award-winning digital platforms, the AFSIC African Investments Dashboard. 

In two decades, Africa has become a haven for investment opportunities, especially given its recent technological advances. As a result, numerous investors have participated in events seeking to gain a slice of Africa’s lucrative future. In recent news, Stears, the leading African data and insight provider, has officially been unveiled as the lead sponsor of Africa’s Investment Event 2023. Aside from being from the content-leading industries, it has set the pace for economic change throughout the continent. Its insights into Africa’s current state have provided an ample resource point for most organizations.

Stears, the lead sponsor of the AFSIC 2023

With Africa’s recent exploits in the fourth …

• Nigeria’s oil crisis has steadily grown over the past few months. Today, Nigeria’s crude oil sector has become more of a liability.
• Traffickers have worked with corrupt officials have established an illegal oil pipeline running through the Niger River Deltar.
• President Tinubu plans to remove all policy or procedural bottlenecks that aid corruption and theft in the oil sector.

Nigeria has one of the fastest-growing industries compared to most of its peers in West Africa. Its diverse economy and adaptive governments have led to numerous markets. As a result, this West African country houses five out of eleven unicorn startups registered in Africa.

Despite its advancements within the Fourth Industrial Revolution, Nigeria has forsaken several core economic activities that have driven its progress for years. For instance, Nigeria’s petroleum industry, a primary economic activity within the region, has recently faced numerous hurdles. Nigeria’s oil crisis has steadily grown …

Huawei makes up almost 70 per cent of 4G networks across different regions throughout the continent. As such, it has played a significant role in Africa’s digital transformation through its various establishments. Among its many endeavors within the country, it has gone beyond Africa’s mobile industry and is a vital player in establishing multiple telecommunication posts.…

• Milk processor Brookside Dairy Uganda was forced to let go of 200 workers to maintain its financial stability for 2023.
• The East Africa Dairy Development strategy is a reform set to transform the lives of farming families with improved market access. 
• By 2013 over 82 farmer-owned dairy enterprises prospered and reflected $8.3 million in equity investments.

On June 23rd, Brookside Dairy Uganda laid off at least 200 workers citing intensifying Kenya-Uganda milk trade war that has seen Nairobi block dairy products imports from Kampala.

Brookside Dairy Uganda has said that the Kenya-Uganda milk trade, a key income stream, was suffering significant damage. While the extent is still unclear, its effects are starting to get clear by the day. 

Kenya-Uganda milk trade war a risk to dairy sector

Kenya is Uganda’s largest export market within the region, and both are part of the East Africa Dairy Development initiative. This strategy aims …