Innovation Archives - AfricaBusiness.com

6Feb

By Africa BusinessNo Comments

Tech

Empowering African Youths Within The Public Sector As A Means Of Enhancing The Efﬁciency Of Its Systems: African Union Digital and Innovation Fellowship As A Case Study

Joshua Omena, Nanko Madu and Woka Philips-Anyinu, AfriLabs Executive Summary In a rapidly changing world, it has become increasingly important to empower African youths within the public sector as a means of enhancing the efﬁciency of its systems. African youths possess immense talent and potential for expanding the innovation and tech landscape in Africa, and by equipping them with the necessary skills and resources, we can tap into their creativity and drive innovation. Young people are the future leaders and change-makers of any society, and Africa is no exception. By investing in their development and providing them with opportunities to contribute to the public sector, we can ensure a brighter and more prosperous future. Empowering African youths within the public sector not only b...

18Dec

By Africa BusinessNo Comments

Fintech, South Africa News, Startups

Unleashing Africa’s potential: A vision for innovation and entrepreneurship

SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities. - SAIS2023 brought together 2,600 innovators from 26 countries - The investment capital in attendance equalled around R30 mbillion - Startups are pivoting to or building on AI In the dynamic world of technology and entrepreneurship, the courage and determination of startup founders is invigorating. As the CEO of the SA Innovation Summit, witnessing these entrepreneurs, often unsure of their own capabilities until the moment of truth, fuels a passion for the role and a deep sense of responsibility as an enabler for the industry. It’s believed that everyone possesses an innate desire to contribute positively to the world, and it is this entrepreneuria...

28Apr

By Africa BusinessNo Comments

Tech

Top Tech African Entities Collaborate to Boost Digital Transformation for 2021 and Beyond

“To inspire people, don’t show them your super powers. Show them theirs -” Alexander den Heijer. Africa Tech Week advocates are setting out to do just that. The event is the golden opportunity to showcase what’s hot in tech on the African continent - a platform to demonstrate to the rest of the world Africa’s super powers. Welcome to the ‘new frontier,’ Africa Tech Week, created in Africa, for Africans, by Africans. The event is taking place on the 5th and 6th of May, and we are expecting an excess of 3000 attendees. Everyone is aware that Africa has faced challenges, and it is together that we can solve them. Africa is a hotbed of potential in terms of measuring and testing concepts and ideas. What we lack in capital, we make up for in passion, resilience and a ‘can do’ attitude. Africa T...

9Aug

By Jean GrangerNo Comments

Main

How Africa’s mining industry is responding to innovation

While mining companies continue to be pressured by the uncertainty that looms over the global economy, the industry is on a quest to introduce innovation to help improve important business practices. Despite the challenges that remain, the mining industry is increasingly turning to digital technologies to streamline business models, capture reliable data and improve production and safety. To understand exactly how the mining industry is responding to innovation, it is useful to examine what has led to the interconnectedness of the industry. The global mining sector is becoming increasingly automated and digitalised, as technological advances have proven to have many benefits, such as improved safety, efficiency, and productivity. Africa’s mining industry faces challenges that are also ev...

26Dec

By Africa BusinessNo Comments

African News

A company that knows how to make things look easy

By Thandisizwe Mgudlwa Alcatel-Lucent has a success story to tell. Its stories, references and activities in Africa in 2012 is a lesson for many other organizations who what to make it big on the continent. In a recently published document Alcatel-Lucent shares references, successes, achievement and activities in Africa; as well as vision of African Market and broadband according to Daniel Jaeger, Vice-President of Alcatel-Lucent in Africa. News from Algiers, Algeria reveal that broadband for Africa, realize the potential of a connected world and tackle rural inclusion. I – Alcatel-Lucent presence, activities and foot print in Africa. II- Broadband in Africa, vision and view according to Daniel Jaeger Vice-President of Alcatel-Lucent Africa. III - Alcatel-Lucent’s pres...

13Dec

By Africa BusinessNo Comments

African News

Frost & Sullivan: Need for Increased Functionality Drives EMEA Contact Center Systems Market

Enterprises pushing for tighter integration between various contact center applications LONDON, Dec. 13, 2012 /PRNewswire/ -- Technology upgrades and migration to IP/SIP are key drivers for the contact center systems market in Europe, Middle East and Africa (EMEA). Revenue growth in the analytics segment is robust, followed by the quality monitoring (QM) segment. Despite the presence of large vendors, there still exists substantial scope for smaller and emerging companies to innovate and expand, particularly in the analytics and QM segment. New analysis from Frost & Sullivan (http://www.contactcenter.frost.com), EMEA Contact Center Systems Market, finds that the market earned revenues of €637.4 million in 2011 and estimates this to reach €811.3 million in 201...

13Dec

By Africa BusinessNo Comments

African News, South Africa News

African Banking innovation sees AfDB approving multi-currency line of credit of USD 300m

By Thandisizwe Mgudlwa The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa This week an announcement from Tunis, Tunisia, revealed that the African Development Bank has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand Bank Limited (FRB) of South Africa to finance a wide range of projects in local currencies and across Africa. And most African countries are characterized by low discretionary rates of domestic savings. As a result, the intermediation capacity of the financial sectors is limited, leading to the gap currently being filled with borrowings denominated in foreign currency. However, this introduces a currency mismatch in the fi...

4Dec

By Africa BusinessNo Comments

Energy, Green Energy

SunPower Corporation to Supply Toshiba with 20.1 Percent Efficiency Solar Panel for Japanese Market

New 20.1 Percent Efficiency Module Continues Toshiba’s High Efficiency Leadership in Japanese Residential Market SAN JOSE, Calif., Dec. 4, 2012 /PRNewswire/ — SunPower Corporation (NASDAQ: SPWR) today announced that it will supply Toshiba with its new world-record efficiency solar panel beginning in December, extending Toshiba’s solar efficiency leadership in the Japanese residential market. SunPower’s new E20/250NE solar panel features a 20.1 percent efficiency rating delivering 250 watts per 72-cell module, and will be marketed exclusively by Toshiba in the Japanese homes segment. The module features the all-back contact Maxeon™ solar cell designed and manufactured by SunPower Corporation which offers world-record efficiency. Since SunPower first partnered with Toshiba in 2010, it has de...

27Nov

By Africa BusinessNo Comments

African News, South Africa News

The call to make Cape Town a ‘Smart City’ is getting serious

By Thandisizwe Mgudlwa Further calls to make Cape Town a 'Smart City' continue to increase. One of the people in the forefront of these calls is Chris Whelan, CEO of business think-tank Accelerate Cape Town. Whelan says, “Developing a ‘smart city’, where information and communication technology (ICT) is leveraged to provide excellent service and which significantly contributes to a business environment conducive to both foreign and domestic investment, is an important part of positioning Cape Town as Africa’s global city, a city of innovation and inspiration.” According to Whelan, enabling technology exploitation in education, healthcare, transport, and safety and security all contribute to the development of a ‘smart city’. “One of the most exciting steps the city is taking...

17Nov

By Africa BusinessNo Comments

African News, South Africa News

Frost & Sullivan Awards Invensys Operations Management for Growth Leadership in the South African ACS Market

Diversified product portfolio, focused innovation and exceptional customer service underpin continuous growth CAPE TOWN, Africa, Nov., 2012 /PRNewswire/ -- Based on its recent analysis of the Automation and Control Solution (ACS) market in South Africa, Frost & Sullivan recognises Invensys Operations Management Southern Africa with the coveted 2012 South African Growth Leadership Award. "In a market facing increasingly intense competition, Invensys Operations Management Southern Africa has continued to register strong growth," noted Frost & Sullivan's Automation & Electronics Team Leader, James Maposa. "An innovative and diversified product portfolio, strategic partnering and exceptional customer service and support have enabled the company to maintain its pos...