Friday, November 22African Digital Business Magazine

Tag: Amazon Web Services

South Africa News, Tech

Cloud revolution enables businesses to leverage cloud while using on-prem systems

By Udhveer Sookraj, Data Integration Specialist at Insight Consulting Moving to the cloud certainly makes sense from an African business perspective, despite some serious challenges and risk factors unique to these shores. However, not all businesses can take the plunge. Some businesses are reliant on expensive legacy systems that work well for them, while others are dissuaded from the move because of budgetary and compliance concerns. Luckily, a revolution in how cloud computing is approached means businesses not quite ready to migrate to the cloud fully can extract the benefits of being in the cloud while still using their own on-prem systems, which effectively redoubles security efforts and removes legislative compliance headaches. Before we get there, let’s take a look at the contex...
Amazon Web Services (AWS) opens applications for its inaugural FinTech Africa Accelerator
Fintech

Amazon Web Services (AWS) opens applications for its inaugural FinTech Africa Accelerator

Amazon Web Services (AWS), the cloud computing division for the world’s largest e-commerce retailer, Amazon, continues to strengthen its footprint in Africa with a call-for-applications from early-stage startups to join their inaugural edition of the AWS FinTech Africa Accelerator.  This program is hosted by AWS’ globally-recognized Startup Loft Accelerator, but unlike other cohorts, this edition will focus on fintech and fintech-adjacent startups operating in Africa. In 2022, fintech startups in Africa raised over $2B USD in venture funding, sustaining Africa’s fintech industry as the top recipient of venture funding on the continent for the past several years (according to Briter Bridges).  The US-headquartered cloud service provider (CSP) has had a long-history of operations in Africa...
South Africa News, Startups

Top Tech Ideas for Accelerating Inclusive Economic Growth in the Township Economy Revealed and Rewarded

Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the U.S. Mission to South Africa hosted a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local businesses in the township economy. This was the third of four hackathons which form part of an initiative called Hackathons for South Africa: Digital Solutions for Real World Challenges. Finally, after much anticipation, the winning solution was announced on Sunday, the 27th of June. Walking away with the R25,000 grand prize was Team Basket. Outlining their idea, team leader Esihle Vellem said: “We help street vendors and spaza shops buy fresh produce from small-scale farmers and wholesalers by providing them with an online application and an instant delivery service. With t...