Tag Archives | telecoms
Things move apace within Africa’s telecoms industry. The continent continues to improve its international connections through new cables, grow its smartphone base, reduce its calling and data costs, introduce new legislation and regulations, merge landline and cellular companies, introduce new mobile-based technologies and services, and more. Here are a few of the most recent development in African telecoms…
In the recently held summit in Washington with African leaders, U.S. President Barack Obama emphasised how the relationship between America and Africa is evolving.
Digitisation (the migration from analogue to digital technology) will help to bridge the digital divide between emerging and developed markets.
Kenya’s Equity Bank is set to roll out its new mobile money services to customers, thanks to its new innovative slim line SIM technology.
The newly released Ericsson Mobility Report has predicted that mobile internet use is set to increase 20 fold in the next five years – which is also predicted to be double the estimated growth rate of the rest of the world.
Our guest on 30 January 2014 for Lunch with our Leaders was Johan Smith, Head of the Africa Telecoms Group at KPMG. We invited you to present your questions to him on the topic of innovations in telecoms and an interesting conversation developed. Here are some highlights from the dialogue that unfolded …
When it comes to telecommunications, Africa is a continent of great opportunity. With at least 500 million potential mobile subscribers, it presents a massive consumer market when compared with the slowdown in subscriber growth in the rest of the world. With only a 55% penetration mobile penetration rate across 22 African markets, due to factors such as cost, interest by foreign investors in this market continues to grow at a steady pace.
Africa Brief: Kenya slashes coffee output on poor prices, Nigeria startup coins it on vast jobless number, and more
Kenya has lowered its coffee production and export earnings projections for the 2012-13 (October-September) coffee year due to poor global prices and reduced crop acreage, the industry regulator said, The Coffee Board of Kenya said it expected production of 44000 tons of coffee, down from the previous year’s 49 003 tons. Export earnings for the season could dip to 17 billion shillings (R1.9bn) from 19 billion shillings made previously.
Zimbabwe’s state airline has been granted permission to resume flying to Intercontinental destinations. On Friday, Air Zimbabwe announced that the world aviation body had finalized the safety audit on replacement aircraft and new services. The airline was grounded last year because of pilot strikes and debt.
Seven of the world’s ten fastest growing economies are in Africa, 52 African cities have populations of over 1 million people and by 2040 it is expected that 1.1 billion Africans will be of working age. Africa has 60% of the world’s uncultivated, arable land; 56.7% of the world’s diamond (gemstone) production, 66% of the worlds’ cocoa production, 10% of the world’s oil reserves, 80-90% of the world’s platinum group metal reserves and 40% of the world’s gold reserves.
At the end of two days of wide-ranging analysis of various issues facing Africa today, delegates of the World Economic Forum will gather for a final session aptly titled “Facing Africa’s Future”. In the course of chairing the discussion amongst a diverse panel of contributors, Chairman Eric Kacou (co-founder of Entrepreneurial Solutions Partners in the USA) will seek to crystallize the way forward for Africa – at least as far as it has been articulated at the Forum.
REACT – the Renewable Energy and Adaptation to Climate Change Technologies – calls for innovative business models to bring sustainable technologies to rural consumers in response to the following challenges …
There are currently more than 500-million mobile subscribers on the continent as opposed to 240-million in 2008. Although the African telecommunications market is in its developmental stage, the market is growing at a faster rate than the rest of the world. Various projects are in place to increase Africa’s bandwidth. These projects aim to cut down costs for both the operator and the end-user.
Zimbabwe’s Delta sees lager, premium beer sales rise – Delta Corporation partly owned by SABMiller has been projected to raise its 2013 annual profit by 31%, although the trading update shows the Chibuku sales volumes declined by 10% …
Tanzania bids to cut call costs – Tanzania Communications Regulatory Authority plans to increase the competition between telecoms operators by cutting the interconnection rates telecoms operators charge each other by 69% in March.
Gambian President Yahya Jammeh has declared Friday a rest day to allow for more prayer, social activities and agriculture. This four-day work week will take effect from 1 February.
Kenya plans to construct a new $300 million (R2.6 billion) fuel pipeline from the port of Mombasa to Nairobi, to replace an older one, and possibly extend it to Uganda. Kenya Pipeline Company said that it was inviting proposals for the design of the 450km pipeline from east Africa’s trade gateway to feed land-locked growing economies, which rely on Mombasa for fuel imports. “The new pipeline is designed to meet petroleum products demand for the region up to the year 2044,” the company said.
The April 2012 World Economic Outlook report published by the International Monetary Fund presented a sturdy but cautiously optimistic future for the various African economies. Sub-Saharan Africa particularly recorded a strong 5 percent growth in 2011 and was one of the regions least affected by the global financial crisis. With the exception of South Africa, limited financial ties to Europe helped shield the region from the financial havoc that tore through Western economies in late 2011.