Skip to main content

Africa Technology Summit slated next week

By: Fred Yaw Sarpong- Daily Express

Come next week, entrepreneurs and experts in the technology and mobile industries including representatives from Google, Facebook, Microsoft, Vodacom and MTN will convene at the Africa Technology Summit and Angel Fair Africa event at the Labadi Beach Hotel.

The event is been organized by the Meltwater Entrepreneurial School of Technology (MEST) from Ghana and the Stuff magazine, based in Johannesburg, South Africa.

According to the MEST, Africa Technology Summit will identify and explore the disruption, key players and revolutions sweeping across the continent and impacting a wide range of sectors.

A statement from MEST stated that the technology and innovation space in Africa is flourishing, as several media reports show, and for that matter it’s a more profound shift than just the blossoming of clever mobile solutions like M-PESA or Ushahidi.

The organizers said Africa has uniquely leapfrogged redundant technologies – and as a result, mobile, eCommerce, FinTech and other tech verticals are all undergoing a revolution – with both global tech giants and budding entrepreneurs playing an equal and sometimes complementary role.

“As Africa’s technology boom takes off and its population becomes increasingly educated, urban, affluent and digital, the world’s technology, investment and business communities are taking notice, highlighted by the increased presence and prioritization of Africa for many global corporate,” the statement noted, adding that Facebook, for example, recently opened its first official office in Africa, and their active user population in Africa grew 20% to 120 million in June 2015, up from 100 million in September 2014.

“They’re not the only global tech player that has identified and publicized Africa as a key part of their corporate growth strategy. Samsung, Microsoft, IBM, GE, PayPal and many more have made similar announcements in recent years and shown commitment to establishing a growing presence across the continent,” it stated.

The Daily Express gathered that the African Technology Summit (ATS) 2015 and the Fair will make sense of this ongoing transformation better than any Africa Rising conference has before.

The MEST believes that the African Technology Summit will provide a unique opportunity for key-decision makers to connect, learn from each other, share best practices and develop relationships that will bring value to their organizations for years to come.

Creators of the Africa Technology Summit, MEST is a training program, seed fund and incubator for African entrepreneurs, which has been recognized as one of Fast Company's 10 Most Innovative Companies in Africa in 2015.

MEST was founded in 2008 by serial entrepreneur Jorn Lyseggen and since its inception, has trained over 200 software entrepreneurs and launched more than 20 early stage tech startups via seed funding and mentorship.

The continuing foundation of MEST is that African startups can compete on the global technology stage and the program is proving that a new generation of young, successful global software entrepreneurs can originate in Africa.

Stuff is the South African edition of the world’s leading tech publication, which is the global partner for the Consumer Electronics Show (CES) in Las Vegas. 


Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

BoG shuts down two financial institutions

The Bank of Ghana has closed down two financial institutions in the country. This was after the central bank investigation revealed that the two companies were operating without approval.

The two companies were Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment Limited (HFIL).

The Daily Express gathered that the ADFSL was asked to stop operating after the central bank realized the institution had not been licensed to take deposit from the public.

A statement from BoG said the ADFSL continued to operate despite the orders from the Bank of Ghana. It however closed down ADFSL’s operation until further notice.

The Bank of Ghana said that the ADFSL is located at Asufufu, opposite the Sunyani Traditional Council in the Brong Ahafo region.

“The decision to close down ADFSL is in furtherance of section 20(2) (g) of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). Bank of Ghana has investigated ADFSL thoroughly and has concluded that its a…