Leading Technology Companies in Africa

Leading Technology Companies in Africa
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link: http://techtrendske.co.ke/businesses-africa-worried/
author: TechTrendsKE

C O N T E N T S:

KEY TOPICS

  • Each year, The Africa Report chronicles the fortunes of the top 500 companies in Africa's key business sectors.(More...)
  • Startups working in these hot areas of the technology industry take more than half of the spots on this year's Wall Street Journal listing of 25 technology companies to watch.(More...)

POSSIBLY USEFUL

  • For Clients AfriLabs Consulting deploys world-class Affiliate Consultants sourced from across its network of African innovation and technology organizations to deliver expert knowledge and services to organizations looking to gain valuable insights, craft strategies or deliver projects on a country, regional and global scale, in key sectors.(More...)

RANKED SELECTED SOURCES

KEY TOPICS

Each year, The Africa Report chronicles the fortunes of the top 500 companies in Africa's key business sectors. [1] Dubai-based Abraaj Group agreed to sell its Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business to U.S. investment management firm Colony Capital Inc, the companies said on Thursday. [2] Capricorn Fund Managers has increased its investments in companies in South Africa, signaling bullishness on the country's new leadership following Jacob Zuma's resignation as president. [2]

Within the context of Africa, we provide news on: emerging and frontier markets, business, technology, headline, political, small business, personal finance, private equity, venture capital, stock markets, bond markets, and capital markets; all available on africanbusinesscentral.com. [2] Nell concluded: "It's an honour to be listed along with brands that are leading the way in terms of technology, engineering and innovation. [3] A recent poll of online shoppers in Kenya, Nigeria and South Africa found that 32 percent of respondents named Facebook groups as their favorite shopping sites, second only to Jumia, Africa's leading platform. [2] MTN positioned themselves to provide DSL Broadband services in Africa, particularly South Africa, through its partnership with leading South African ISP, Afrihost. [4]

Startups working in these hot areas of the technology industry take more than half of the spots on this year's Wall Street Journal listing of 25 technology companies to watch. [5] BizNis Africa focuses on Africa's 3 major business economic sectors - ICT (Information and Communications Technology), Mining and Energy. [6] Bunmi Banjo is a dynamic business leader passionate about leveraging technology to grow Africa. [6]

Kabelo Makwane serves as the Accenture Technology South Africa Managing Director (MD). [6]

Prayosha Enterprise Limited is the leading Aluminum and Steel fabricator in East Africa currently providing their services in Uganda, Kenya, and Rwanda. [7] As CEO, Carl has worked to improve and expand STATS' innovation and growth as the world's leading sports data and technology company. [8] STATS is the world's leading sports data and technology company. [8]

We maintain a Customer First focus at the center of our mission - to provide our customers with industry leading games and technology. [9]

Carl joined STATS in 2018, with more than fifteen years of experience leading and growing software companies. [8]

If you are looking for fast-growing technology companies releasing new, emerging technologies, you have come to the right place! Representing industries from software to biotech, Fast 500 companies play in the SaaS, cloud computing, data analytics, and mobile sectors. [10] We will announce the fastest-growing technology, media, telecommunications, life sciences, and energy tech companies on November 15, 2018. [10]

TechWomen empowers, connects and supports the next generation of women leaders in science, technology, engineering and mathematics (STEM) from Africa, Central and South Asia, and the Middle East by providing them the access and opportunity needed to advance their careers, pursue their dreams, and inspire women and girls in their communities. [11] "Matibabu is simply a game-changer," Rebecca Enonchong, Africa Prize for Engineering Innovation judge and Cameroonian technology entrepreneur, said in a statement. [12]

The Manager Consumer PR, Middle East and North Africa will be a key partner to CorpTech PR Manager, META, as will existing members of the Consumer PR team leading our activities in Turkey and South Africa. [13]

POSSIBLY USEFUL

For Clients AfriLabs Consulting deploys world-class Affiliate Consultants sourced from across its network of African innovation and technology organizations to deliver expert knowledge and services to organizations looking to gain valuable insights, craft strategies or deliver projects on a country, regional and global scale, in key sectors. [14] To promote the creation of African made technology with a special focus on the social, economic and environmental sectors. [14]

Technology's lead over the Financials sector has increased by $335bn in the last year, underlining the continuing strength of the Technology sector. [15] Technology is the number one sector for the third year in a row. [15]

Nigeria, Africa's most populous country, has a booming betting industry, the growth of which in the last few years has largely been driven by the emergence of local fintec firms offering a range of payment options that enable customers to place bets online. [1] The market capitalisation of the 100 largest companies globally increased by $2,597bn to $20,035, up 15% compared to 31 March 2017. 48% of the growth was contributed by U.S. companies, as compared to 63% last year. [15] Almost 40% of the growth in market capitalisation came from Chinese companies, with Tencent and Alibaba joining the top ten companies in 2018. [15] In this report we have ranked the top 100 global companies by market capitalisation and compared how the list has evolved from March 2009 to March 2018. [15] China's contribution to the top 100 market capitalisation increased by 57%, to $2,822bn, with 12 companies now in the top 100 (up from ten in 2017). [15] Europe is now represented by just 23 companies (down from 31 in 2009) and accounts for only 17% of the top 100 market capitalisation (compared to 27% in 2009). [15] While the UK keeps its third position and has five companies in the top 100, European companies have never fully recovered from the 2009 financial crisis. [15] The global top three companies remain Apple, Alphabet and Microsoft, followed by Tencent in fifth position and Facebook in eighth position. [15] For many years, U.S. companies have used their global reach, financial strength and ability to innovate to pull away from the rest of the world. [15]

JPMorgan Chase & Co. is having one of its busiest years yet for African companies looking to trade their shares in both London and local equity. [2] An increasing number of African companies are competing in the global arena. [2] The streak of big-ticket investment in African fintech companies shows no signs of stopping. [2] The big telecom companies have bumped up investment into enhancing data capacity and capability, led by Econet, the No.1 telco, has spent $1.3 billion over the last decade to expanding its 3G and LTE networks. [16]

Other companies who made the top 10 list in the engineering/technology category for professionals include Google, Sasol, Microsoft, CSIR, South African Breweries and the BMW Group. [3] Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and get more business from major production companies. [2] Zimbabwe's tech industry has arguably performed better than other companies in the troubled economy of the last decade and a half under former president Robert Mugabe. [16] WeCashUp, Universal Payment Platform that allows digital companies around the world to accept any Cash and Mobile Money payments on their web and mobile apps via a single REST API integration. [17]

Africa is a global leader in mobile money, with telecom operators embracing innovative practices that allow customers to not only pay bills but also access services including loans, insurance, and savings. [2] These include being named the only African brand in the 2014 BrandZ Top 100 Most Valuable Global Brand ranking, the only South African company on the World Champions list and the Most Admired and Most Valuable Brand in Africa, in the 2014 Brand Africa 100 ranking of the most admired and most valuable brands in Sub-Saharan Africa. [4] Brand Africa announced at the 4th Annual Brand Africa 100: Africa's Best Brands gala event in Johannesburg, that MTN is the overall best brand on the continent and reclaims the No. 1 spot as the Most Admired Brand in Africa. [4] MTN, Africa's largest telecoms operator, is going public in Ghana--its third largest market in Africa. [2] Barclays Africa Group Ltd., South Africa's third-biggest bank, will split into four operating units as the lender outlines its growth strategy after the sale by its U.K. parent. [2] Tami Mudzingwa, a director for the hackathon, told Quartz Africa via Twitter that "ICT will be a potent vehicle for driving growth and development" in African countries such as Zimbabwe. [16] Barclays Africa plans to join the Nigerian Stock Exchange as a broker in July and is exploring opportunities in three other African countries, in a move to create access for foreign investors looking to tap into markets on the continent. [2] In June 2008, MTN Group agreed to purchase Verizon Business South Africa, which was a provider of data services to corporate customers in South Africa and four other African countries. [4]

The southern African country, which has one of the highest literacy rates in Africa, is looking to China to help building capacity and technological know-how to build one of the continent's biggest IT hubs underpinned by big data and artificial intelligence. [16] Dubai-based Abraaj Group agreed to sell its Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business to U.S. investment. [2] It's the global investment firm's first commitment from its 100-million Africa fund launched earlier this year. [2] Last year Facebook became the second largest e-commerce company in Africa after Jumia, the industry leader. [2] Rapid mobile adoption in West Africa since the turn of the decade has been a boon for the local mobile money industry. [2]

Ferdi Nell, Aurecon managing director, Africa, said: "We are proud to be the only consulting engineering firm in the Top 10 for professionals in the Engineering/Technology sector, as well as being the only consulting engineering firm in the Top 20 for students. [3] Global engineering and infrastructure advisory company Aurecon was ranked 10 in the engineering/technology sector for professionals, making it one of the most attractive employers to work for in South Africa in this specific industry. [3]

Transportation network company, Uber has unveiled a new policy for its driver-partners across Sub-Saharan Africa including Nigeria that will prevent its drivers from working when they are drowsy as well as enhance driver/passenger safety. [17] Lidya, the digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises (MSMEs) in Africa, announced in late May that it has raised $6.9 million in a Series A investment round, one of the largest in Nigerian tech history. [2] American ecommerce and web hosting platform, Amazon Web Services (AWS), has opened its first physical point of presence (PoP) in South Africa. [17]

In Africa's battle for the skies, an east African carrier is stepping up its game in an effort to dominate the market. [2]

In June 2012, Reuters and the BBC reported an allegation by Chris Kilowan, a former executive for the company in Iran, that MTN Group may have been complicit in securing American telecommunications technology from Sun Microsystems, Hewlett-Packard and Cisco Systems on behalf of Irancell, in violation of trade sanctions against Iran. [4] Employees were surveyed in key sector categories such as engineering, technology, natural sciences, business and commerce. [3] "Iran mobile operator Irancell'secures U.S. technology ' ". [4] Janeffer Wacheke's fresh-vegetable stall in Nairobi uses technology that's helping crack a problem Kenyan banks have so far failed to solve measuring the creditworthiness of traders in the country's $20 billion informal economy. [2]

Ghana's leading online real estate platform, meQasa, has been making waves in the real estate industry since it began in 2013. [18]

Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company. [19] International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. [19] With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. [19]

IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. [19] "To support Vietnam's development in the direction of the Industrial Revolution 4.0 in the most effective and practical way, Google is focused on developing projects to build and raise awareness and capacity in information technology in Vietnam," said Ha Lam Tu Quynh, who is the director of communications and public relations in charge of Vietnam at Google Asia Pacific. [20]

AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 800 news and information items daily from over 140 African news organizations and our own reporters to an African and global public. [21] The following table includes expense data and other descriptive information for all Africa ETFs listed on U.S. exchanges that are currently tracked by ETF Database. [22] The following table includes certain tax information for all Africa ETFs listed on U.S. exchanges that are currently tracked by ETF Database, including applicable short-term and long-term capital gains rates and the tax form on which gains or losses in each ETF will be reported. [22] This page includes historical return information for all Africa ETFs listed on U.S. exchanges that are currently tracked by ETF Database. [22] This page provides links to various analysis for all Africa ETFs that are listed on U.S. exchanges and tracked by ETF Database. [22] The table below includes basic holdings data for all U.S. listed Africa ETFs that are currently tagged by ETF Database. [22] In Africa, Big Data holds significant business potential across all industries. [19] Africa and all other regions are ranked based on their aggregate 3-month fund flows for all U.S.-listed equity ETFs that are classified by ETFdb.com as being mostly exposed to those respective regions. 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of Africa relative to other regions. [22] Africa and all other regions are ranked based on their AUM -weighted average 3-month return for all the U.S.-listed equity ETFs that are classified by ETFdb.com as being mostly exposed to those respective regions. [22]

You can use this tool to compare Africa ETFs with each other or with other region ETFs. [22] This resource allows comparisons of potential ETF investments, such as Africa ETFs, on a wide range of criteria including expenses, performance, dividend yield and volatility. [22]

IDC's East Africa Summit has served as a pioneering platform for ICT thought leadership in the region and returns in 2018 to make sense of the region's rapidly evolving digital transformation landscape. [19]

PRESS RELEASE -- Johannesburg -- Africa's overall mobile phone market remained flat in Q1 2018 although smartphone shipments declined for the second successive quarter, according to the latest insights from International Data Corporation (IDC). [23]

Since 2003, the company has been active in the field of computer forensics and information security, protecting the largest international companies against financial losses and reputation risks. [19] Featured Perspective With the GDPR now in force, companies have 72 hours to report a data breach, with potentially ruinous penalties should they fail to comply. [24]

"Our city already boasts one of the world's leading tech sectors. [25]

Adoption of these technologies will increase East Africa's tradable quantities, leading to greater food security, nutrition and resiliency in the region. [26] Implementation of Trade Policy Instruments on Rice Trade in the East African Community is a study by the USAID East Africa Trade and Investment Hub. [26] Phakamani Hadebe is the former Barclays Africa Corporate and Investment Banking Chief Executive Officer. [6]

Neville Mandimika is an Africa Analyst in the Global Markets division at Rand Merchant Bank. [6] The Volkswagen brand is expanding its engagement in Africa: today saw the start of its Integrated Mobility Solutions in Rwanda that includes local vehicle assembly, innovative mobility services and a sales and service retail outlet CFAO Volkswagen Rwanda. [6] Volkswagen Group opens first car assembly plant in Rwanda The Volkswagen brand is expanding its engagement in Africa:. [6]

Railway infrastructure development is an important building block to improving trade across the Southern Africa Hinterland Territories, which comprises three landlocked countries; Malawi, Zimbabwe and Zambia. [6] Agility, APM Terminals, Borderless Alliance, Dole South Africa, DP World Maputo, Dube TradePort, ICTSI DRC and Walvis Bay Corridor Group are among the latest confirmed to join the pan-African trade debate at inaugural TOC in Durban. [6] Sudhish Mohan appointed new TransUnion South Africa COO TransUnion, a global risk and information solutions provider on. [6]

Uche Okoronkwo has been a rising star in Africa's business and financial news landscape as a young African,. [6] Stephen Saad is the Founder and Chief Executive Officer of Aspen Pharmacare, one of South Africa's largest pharmaceuticals. [6]

Eustace Mashimbye is a qualified Financial Accountant, who studied at Tshwane University of Technology and University of South. [6] Previously, Richard held a series of senior leadership roles for CEB (NYSE: CEB), a B2B global best-practice insight and technology firm, as the business grew from $25 million to $1 billion in annual revenues. [8] Using data from Global Fishing Watch, an online technology tool that. [6] We provide sports data, technology, and content to meet the evolving needs of the Media, Broadcast, Leagues Teams, Fantasy providers and players, as well as major B2B and B2C brands. [8]

"Experimenting with technology is key to any business more so in the cold chain industry", said Jackie Caplan Wiggins of Frieda's Produce. [26]

Participation in the GCCEC will introduce East African companies to cold chain technologies that can contribute to improved food safety, longevity and quality. [26]

RANKED SELECTED SOURCES(26 source documents arranged by frequency of occurrence in the above report)

1. (19) African Business News | African Financial & Economic News

2. (14) BizNis Africa

3. (10) Global Top 100 companies (2018): Publications: Audit & assurance: Services: PwC

4. (9) Top 4 Africa ETFs

5. (7) IDC East Africa CIO Summit 2018

6. (6) MTN Group - Wikipedia

7. (5) Aurecon ranked 10 in top South African engineering companies survey - BUSINESS - MEP Middle East

8. (5) About STATS | Premier Sports Data Company | STATS

9. (4) Zimbabwe needs China for its tech and ICT ambitions -- Quartz

10. (4) USAID East Africa Trade and Investment Hub

11. (3) TGA, Author at Techgist Africa | Africa Leading Tech News, Reviews and Tips

12. (2) Business

13. (2) 2017 Technology Fast 500 award winners | Deloitte US

14. (2) AfriLabs | The Largest Network of African Technology Hubs

15. (1) TechWomen -- TechWomen is an Initiative of the U.S. Department of States Bureau of Educational and Cultural Affairs

16. (1) Bloodless Malaria Test By A Young Ugandan Inventor Wins Africa's Top Engineering Prize | The African Exponent

17. (1) Senior Manager Corporate And Technology Communications - Netflix -255269

18. (1) Blog - MEST Africa

19. (1) Google Leading Computer Training in Vietnam

20. (1) Economy, Business and Finance -- Home - allAfrica.com

21. (1) Connecting Africa - 4G/5G

22. (1) FTI Consulting EMEA Region | Europe | Middle East | Africa

23. (1) London Tech Week

24. (1) WSJ Top 25 Tech Companies to Watch 2018 - WSJ

25. (1) Africa Construction and Building News on Projects, Tenders, Products Magazine

26. (1) IGT

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