This morning, I read about a new crowdfunding scheme in South Africa on the BBC website. Instead of the next tech or innovation, using Live Stock Wealth, you can buy a cow! Technology meets tradition and becomes innovation! (I wonder why they didn't call it Cowfunding!) The system was born out of frustration. Ntuthuko Shezi, a … Continue reading Did you know South African Cows can be purchased through crowdfunding?
Here in the UK, we often complain about our rail network with the trains are often delayed and expensive tickets. But, not only can the rail networks transport us around the country, or even into Europe, for work or pleasure, freight trains trundle around the country delivering goods from coal and oil to food products. Without the network … Continue reading Did you know Africa needs more train services
As an innovation afficionado, I have always been fascinated by new business models that are transforming existing businesses in Africa. Amongst them are new businesses best described with terms such as 'sharing economy' or 'crowdsourcing'. It turns out that the sharing economy is big business – Take Uber, for example. The company offering a mobile … Continue reading Did You Know That In Kenya It’s All About Crowdsourcing? Meet The Mobile Delivery Platform Sendy
From May 11th to 13th, the World Economic Forum on Africa 2016 will take place in Kigali, Rwanda. The goal of the forum is to pursue new approaches to ignite structural transformation, particularly in the face of rapid technological changes that have the potential to create new industries and reduce inequality. According to WEF Head of … Continue reading Did you know WEF is looking for Africa’s top five female innovators?
As you by now have hopefully noticed, the aim of this blog is to cast an eye on African innovation. So when I see things titled 'Why does innovation matter for Africa?', I get really excited. In this short but very illuminative article, Professor Mario Scerri of the Institute for Economic Research on Innovation (ieri) gives a … Continue reading Did you know about innovation theory and what it says about African economy?
Agenda 2063 is a long-term strategy formulated by the Heads of State of the African Union (AU) for their 50th Anniversary Solemn Declaration back in 2013, dedicated to the future continent’s accelerated development and technological progress. In the words of the AU: "Agenda 2063 is both a Vision and an Action Plan. It is a call … Continue reading Did you know about Agenda 2063?
With the recent oil crisis in Angola, other business opportunities are getting more attention. AFKInsider recently spoke to Zandre Campos, CEO of Angola Capital Investments about the future of Angola's economy: "Oil going down means all the other opportunities are going up. Oil is important but it doesn’t mean that it’s everything. Angola has around … Continue reading Did you know it has become a lot easier to invest in Angola?
This weekend, I stumbled upon a really interesting article stressing the vital importance of a functioning logistics sector for innovation and economic growth to flourish in Africa. Apparently, in East Africa the freight and transport costs are among the highest in the world, with freight logistics costs per km being more than 50% higher in … Continue reading Did You Know About How Infrastructure Networks Affect Innovation In Africa?