Tech & Business

  • With Yeeo—a web app—individuals have the privilege of saving their time and cost of printing cards, which often end up being dumped and ensure their money is invested elsewhere.
  • Yeeo’s business strategy brings together environmental conservation and this vision to help enterprises save billions spent on card printing.
  • Dubai-based Yeeo has already secured intellectual property rights in 179 countries around the world.

As I navigated through the bustling crowd of delegates from around the world at the Startups Showcase during the AIM Congress 2024, I felt a gentle tug on my jacket. It was Abdullah AlShetiwi, a determined look in his eyes and a welcoming smile on his face.

As I reached out to offer my business card to Abdullah, he intercepted with a gesture, saving me the customary exchange. Instead, he swiftly pulled out his phone, suggesting we swap contacts via a QR Code. With a quick scan …

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  • Four innovators from Kenya, Côte d’Ivoire, and Uganda, selected from a shortlist of 16, vie for the £50,000 (over $62,000) Africa Prize.
  • Their innovations encompass recycling in construction, AI tools for healthcare and farming, and reengineered waste collection, addressing crucial societal needs.
  • The three runners-up will each receive £15,000 (over $18,000), while a £5,000 (over $6,000) prize titled ‘One to Watch’ will be awarded to the most promising business among the shortlist.
  • Since 2014, the Africa Prize has empowered nearly 150 entrepreneurs across 23 African countries, creating over 28,000 jobs and positively impacting more than 10 million people with their innovative products and services.

The Royal Academy of Engineering is set to host the final showdown of the 10th Africa Prize for Engineering Innovation, the continent’s premier engineering accolade, on June 13, 2024, in Nairobi, Kenya. Out of an initial pool of 16 visionary innovators crafting sustainable, scalable engineering solutions …

  • Russian Investment Forum at AIM Congress 2024 highlighted Russia’s robust economic standing.
  • Various Russian regions showcased unique investment opportunities, from the Far East’s oil and gas sector to Tatarstan’s diverse industries.
  • Discussions also revolved around innovation and technology, with an emphasis on Abu Dhabi’s potential as a global technology hub.

Amidst the grandeur of the Abu Dhabi National Exhibition Centre (ADNEC), the Russian Investment Forum emerged as a unique centre of opportunities during the 2024 AIM Congress.

Under the International Partners’ Track, this forum brought together luminaries from Russia’s business landscape to showcase the nation’s unique investment propositions and affirm Abu Dhabi’s suitability as a global technology hub.

Spearheading the discussions was Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation. Katyrin painted a picture of Russia’s robust economic stature, ranking first in Europe and fifth globally in terms of GDP.

He cited Russia’s …

The licensing follows a solid end to 2021, which saw DPO partner with a global leader in travel technology, Amadeus. Customers can now accept local payments, including via mobile money and card payments, allowing international airlines to operate locally and African airlines to expand globally. As a result of the partnership, DPO is connected to multiple regional and international airlines via Amadeus’s airline passenger system.

DPO Group plans to Further extend its growth in 2022, targeting new product innovation and territory launches.

The increased partnerships momentum follows the 2021 landmark acquisition by Network International, a globally renowned facilitator of e-commerce in the Middle East and Africa region.…

Google users in Africa are increasing exponentially. According to Statcounter, Google takes up 96.55 per cent of all the people using search engines in the continent.

To protect their users against cybercrime, Google has announced that it is buying the prominent cybersecurity firm, Mandiant in a deal that values the business at US$5.4 billion.

The deal is expected to complete late this year, and it comes at a time when the Russian-Ukrainian war has aroused a lot of concerns about the rising cyber threats. Google will acquire Mandiant at US$23 a share to represent a 57 per cent premium to the firm’s share price.…

Many, if not all, emerging markets have relaxed the regulations and restrictions related to FDI to encourage global investors to the continent.

The Business Insights on Emerging Markets 2021 also reported that the foreign direct investment in the emerging markets jumped from 15 per cent to 46 per cent over the last two decades.

The wave of technological advancements integrated with digitalization has captivated the globe and benefited the global economy in many unexpected ways. Developing countries in Africa need to embrace the fast pace technological revolution, which shall revamp the markets in the continent.

Emerging markets have been very active in creating the digital infrastructure for technological innovations accelerated by the onset of the Coronavirus pandemic.…

The Africa-Europe D4D Hub Multi-Stakeholder Forum on Digital Transformation for Sustainable Development in Africa was held one month after the 6th European Union–African Union Summit, where leaders from both continents announced a EUR 150 billion Africa-Europe Investment Package, which amongst other priorities aims to accelerate Africa’s sustainable digital transformation.

“This ambition aligns with the EU Global Gateway, a strategy set out to boost smart, clean, and secure investments in connectivity, and the AU Digital Transformation Strategy for Africa 2020 – 2030, which aims to transform Africa’s economies and societies by harnessing digital technologies, the potential of data and innovation for the benefit of people. It also supports the outcomes of the 35th AU Summit, held from 5 to 6 February 2022, which called for the acceleration of Africa’s quality infrastructure development.” read a news release issued by EU-Africa Digital Hub today.

It is reported that only 33 per cent of …

  • Safaricom has rolled out a campaign to offer technological solutions for enterprise and the public sector
  • The company said it is seeking to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions in the areas of digital business
  • Safaricom is banking on its recent efforts to enable it to play a bigger role in digitising and transforming businesses in various sectors, including education, health and manufacturing

Safaricom has rolled out a campaign to position tech solutions for enterprise and public sector customers.

The Kenya-based telco said it is seeking to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions.

The expansion is in the areas of digital business through cloud computing, cyber security and the internet of things (IoT) underpinned by IT consulting services.

Besides reinforcing its new business strategy to become a technology company, the …

Over-reliance on fossil fuels and current geopolitical tensions have reemphasized the need to rapidly adopt alternative sources of sustainable, reliable and affordable mobility.

As oil prices continue to pump every day, attributed to the intensifying fight against climate change by 2030 and the current war between Russia and Ukraine, the adoption of electric vehicles appears inevitable.

eWAKA EV Mobility is spearheading sustainable mobility to enhance Africa’s economic prospects by harnessing the power of electric vehicles. eWAKA’s services address frustrating and disruptive mobility experiences by offering a sustainable solution that will increase connectivity, improve efficiencies and offer safe, environmentally-friendly transportation.

The Electronic mobility market in Africa is intensifying in Africa, specifically in Kenya, Egypt and South Africa.…

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