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Africa Tech Summit Kigali: One of the things to look forward to in 2018

Africa Tech Summit Kigali: One of the things to look forward to in 2018

News, What's Hot
The Africa Tech Summit is a convention aimed at bringing together great companies and initiatives across the continent in a bid to connect them with international ventures, investors and entrepreneurs who are truly focused on business and investment in Africa. The Summit was officially launched in 2016 in London. However, in 2018, for the first time it will be coming to Africa, in Rwanda, Kigali to be precise. The event is occurring on the 14th to the 15th of February 2018 (that gives one time to prepare right?) and below are the first 25 (out of a possible 50+) speakers that have been announced so far: advertisement 1. Kojo Boakye Africa Public Policy Manager Facebook 2. Kamal Bhattacharya Chief Innovation Officer Safaricom 3. Wambui Kinya CSO Andela 
ICT changing face of Zim real estate

ICT changing face of Zim real estate

News
The presentation on the topic “Utilising Ever-changing IT Developments in Real Estate/Estate Agency Practice” by Minister Supa Mandiwanzira read by the Permanent Secretary in the Ministry of ICT, Postal and Courier Services, Dr Eng S M Kundishora at the Real Estate Institute of Zimbabwe(REIZ) Winter School in July inspired a discussion which led to the realisation that Information and Communication Technology (ICTs) is becoming integral to all aspects of real estate in Zimbabwe and the world over. The sector, which is grappling with a number of challenges which include liquidity/currency crisis, confidence crisis, shrinking business activity, escalating project costs, lack of factual and comparative data, increased competition, poor access to information and use of outdated ways of anal
Convergence acquires stake in ESET Southern Africa

Convergence acquires stake in ESET Southern Africa

News
Convergence Partners has recently acquired a significant minority stake in ESET Southern Africa, a local distributor and brand operator for leading global internet and endpoint security software vendor ESET. Convergence Partners has recently acquired a significant minority stake in ESET Southern Africa, a local distributor and brand operator for leading global internet and endpoint security software vendor ESET. “In the emerging native cloud environment, coupled with edge computing, data is becoming more vulnerable and we have witnessed increased vulnerability of public and private data repositories to cyber threats and attacks. Cyber security solutions like that offered by ESET are a critical line of defense. We are excited to partner with ESET on this journey,” said Andile Ngcaba,
Perspective on ICT investing in Africa

Perspective on ICT investing in Africa

News
To reach our potential as a Continent we need unprecedented innovation and investment; core to which is the ICT sector and access to affordable, reliable broadband services. The developmental and economic benefits of internet access to economies and especially developing economies is well documented. Undoubtedly, internet access is a critical catalyst to bridging the gap on some of the social needs of the Continent be it in banking, education, government services, entertainment, health etc. To reach our potential as a Continent we need unprecedented innovation and investment; core to which is the ICT sector and access to affordable, reliable broadband services. The developmental and economic benefits of internet access to economies and especially developing economies is well documented. U...
Businesses need protection from cyber-attacks

Businesses need protection from cyber-attacks

News, Security
ZIMBABWEAN businesses are facing multiple cyber-attacks due to cash crisis and heightened use of digital and mobile banking platforms, Allianz Cyber Insurance expert, Nobuhle Nkosi, has said. Presenting at the Insurance Institute of Zimbabwe annual conference in Victoria Falls last week, Nkosi said the October 2017 real time analysis of cyber threats indicated that businesses in the country were open to over 10 different types of infections — a testimony of monumental cyber risk. “With the cash crisis that Zimbabwe is grappling with, there has been a heightened use of digital and mobile banking platforms. This increasing interconnectivity of everyday devices and growing reliance on technology and real-time data at consumer and business levels is convenient but also increases risks fo
RBZ to more than double the number of BOND NOTES in circulation this month

RBZ to more than double the number of BOND NOTES in circulation this month

Breaking News, News
The RBZ has said that they are adding another $300 million worth of bond notes (I call them notes of bondage) by the end of November. They say this is again supported by another facility from the African Export and Import Bank (Afreximbank). Perhaps Ignatius Chombo, the new minister of finance (it still surprises me) has seen how huge a success the notes of bondage have been. To those who may catch on slow, I was just being sarcastic: bond notes have not succeeded. Have they failed though? I don’t know if they have failed. They held their own. For some weeks following their introduction they kind of maintained a 1:1 parity with the USD. As predicted though they started falling in value against the USD. This led to the government outlawing the exchange of currencies on the streets
Governments should invest in hospitals and not internet and telecoms services says Liquid CEO

Governments should invest in hospitals and not internet and telecoms services says Liquid CEO

Breaking News, News
It’s day two at AfricaCom 2017 and I have just come out of a panel debate that I know Techzim readers are eager to hear about. The topic was on how to make internet access more affordable in Africa (I have forgotten the official title of the discussion but trust me it was about that). On stage was the Liquid Group CEO: Nic Rudnick, the Chief Innovation Officer for (Kenya’s biggest mobile operator ) Safari Com: Kamal Bhattacharya, the Head of Facebook’s Express WiFi in Africa: Uche Ofodile and the Global Head for TMT International Finance Corporation: Anikoi Szigetvari I liked Nic’s opening comments. He shot from the hip and declared one of the biggest problems to the roll out of internet service (the infrastructure really) is government involvement. He said realy governments should j
HE PERFECTED A PASSWORD-HACKING TOOL—THEN THE RUSSIANS CAME CALLING

HE PERFECTED A PASSWORD-HACKING TOOL—THEN THE RUSSIANS CAME CALLING

News, Security
FIVE YEARS AGO, Benjamin Delpy walked into his room at the President Hotel in Moscow, and found a man dressed in a dark suit with his hands on Delpy's laptop. Just a few minutes earlier, the then 25-year-old French programmer had made a quick trip to the front desk to complain about the room's internet connection. He had arrived two days ahead of a talk he was scheduled to give at a nearby security conference and found that there was no Wi-Fi, and the ethernet jack wasn't working. Downstairs, one of the hotel's staff insisted he wait while a technician was sent up to fix it. Delpy refused, and went back to wait in the room instead. When he returned, as Delpy tells it, he was shocked to find the stranger standing at the room's desk, a small black rollerboard suitcase by his side, his ...
I was on the self-driving bus that crashed in Vegas. Here’s what really happened

I was on the self-driving bus that crashed in Vegas. Here’s what really happened

News
This was going to be a pretty ordinary story about the technology that allows the Las Vegas self-driving shuttle bus to cruise around the old Fremont street district of the city. But then we had a fender-bender just an hour into our ride in the shuttle and things changed. The Internet was blowing up with third-hand accounts of the traffic accident involving the new autonomous bus by the time I got back to the airport, and the more the story has gone viral, the less it resembles what actually happened. GET ON THE BUS The downtown Las Vegas self-driving shuttle isn’t exactly new. They’ve had these buses plying the strip for a while this year, with no incidents. The new shuttle is set to run a 0.6-mile loop course north of the Strip in the old downtown area. It’s a joint project put tog
Tech’s favorite royal — Prince Alwaleed bin Talal — has been arrested in Saudi Arabia

Tech’s favorite royal — Prince Alwaleed bin Talal — has been arrested in Saudi Arabia

Breaking News, News
In a move sure to shock the business world, Saudi Arabia last night announced the arrest of at least eleven princes, including renowned billionaire investor Prince Alwaleed bin Talal, as part of a sweeping corruption investigation. Prince Alwaleed controls the investment firm Kingdom Holding and is one of the world’s richest men, owning or having owned meaningful positions in satellite TV networks, as well as in News Corp. (a stake it has since mostly sold), Citigroup (shares of which it has owned since 1991), and a growing number of tech companies. The prince and Kingdom Holding, of which he owns 95 percent, first invested $300 million in Twitter in 2011, two years before the company went public. In 2015, he invested another $50 million to increase his ownership in Twitter and, as o
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