One Africa Media Valuation Rises To $100M After Seek Second Investment
May 2, 2015 Australian- based online jobs website Seek has invested an additional $10 million in African online classified firm One Africa Media (OAM). With the capital injection OAM’s valuation has increased to $100 million, while Seek’s stake in the technology firm has risen to 30 percent with a total investment of $30 million. Seek
Audi just invented fuel made from CO2 and water
April 28, 2015 The new ‘e-diesel’ has a zero net carbon footprint, being created through high-temperature electrolysis powered from renewable sources. An Audi research facility in Dresden, Germany, has managed to create the first batches of diesel fuel with a net-zero carbon footprint — made from carbon dioxide (CO2), water and renewable energy sources such
Research Shows Mobile Phone Ownership In Africa Rivals US
April 26, 2014 A recent report underscores the proliferation of cell phone use in sub-Saharan Africa. According to the Pew Research Center survey, Africa has all but skipped the “landline stage of development.” The growth has been exponential. In 2002, only one tenth of the populations of Tanzania, Uganda, Kenya and Ghana owned a mobile
Can Heat-Resistant Beans Cushion Farmers Against Climate Change?
April 26, 2014 Researchers have developed 30 new types of heat-resistant beans expected to withstand effects of climate change. The CGIAR (Consultative Group on International Agricultural Research) made the announcement in March during a development conference organised by the German government in Addis Ababa, Ethiopia. Rising temperatures could disrupt bean production in African countries such as DRC,
Is Facebook The Internet In Africa? 65% Of Nigerians Think So
April 24, 2015 A recent survey by mobile surveying company Geopoll and World Wide Worx showed that 65 percent of Nigerians think “Facebook is the internet”, while 9 percent of the social media site users in the west African country said they had “never used the internet”. The Mobile Africa 2015 study, which surveyed 3,
Meet the Man Whose Tablet Invention Could Save Millions of Lives in Rural Africa
April 22, 2015 While HIV/AIDS is generally known to be the biggest killer in Africa, you might be surprised to learn cardiovascular disease (CVD) is second on that list, and for adults over 30 years old, it is the most common cause of death in the continent. The lack of cardiologists in impoverished rural areas means
What Most Africans Use Cell Phones For May Surprise You. Or Not
April 22, 2015 Just one in five Africans use their mobile phones to access social media but four out of five use them to send text messages, and more than half use them to take photos, according to a survey of seven African countries, PCTechMag reports. A new study by the Pew Research Centre was based on 7,052 face-to-face interviews
Is this three-deck, zero-emissions super jumbo plane the future of flight?
April 22, 2015 Designer and aviation enthusiast Oscar Vinals is slightly addicted to crafting concept planes. Last year, he came up with the design for the AWWA Sky Whale, a futuristic aircraft that he said would revolutionize green air travel and carry an astonishing 755 passengers. Now, he’s bested himself. With his newest design, the
Energy: Nigeria and Russia in nuclear plant talks
April 16, 2015 As it seeks solutions to deal with decades of blackouts that has blighted its economy, Nigeria has entered talks with Russia’s state-owned Rosatom to build nuclear power plants. Although Africa’s most populous nation and biggest economy has no experience in developing and operating nuclear power plants; it has a gamma facility and
10 African Tech Innovations That Are Solving African Problems
April 15, 2015 Ten African innovators have been nominated for cash prizes because they came up with products that respond to a need or challenge within their communities. Winners will be chosen in Morocco May 13 at the African Innovation Foundation’s annual Innovation Prize for Africa Awards, PCTech reports. The awards are not only showcasing Africa’s ability to innovate to address its