Browsing: Strive Masiyiwa

The reality of Africa’s historically low economic growth is the very reason the world mistakenly believes that Africa lags too far behind the global cloud innovation boom. That way of thinking is essentially erroneous.

According to Business Daily Africa, as of 2021, our continent accounted only for $1.2 billion of the global public cloud market; it has more than doubled in the past three years and continues to grow exponentially year on year.

  • Liquid Cloud has been approved by Amazon Web Service (AWS) as a Direct Connect Delivery Partner.
  • The certification secured by Liquid Cloud makes it one of only four partners in Africa to secure this achievement after undergoing an extensive and rigorous technical and business review by AWS.
  • A month ago, Liquid Cloud announced it would offer connectivity to Oracle Cloud through Oracle Cloud Infrastructure (OCI) FastConnect in South Africa within the Oracle Cloud Johannesburg Region.
  • In July,

Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies (Cassava), has announced the completion of its 100% acquisition and delisting of Telrad, an Israeli-based technology company.

The Tel Aviv Stock Exchange (TASE: ILA) listed Telrad has a substantial presence in 13 countries across the Middle East, South America, the United States of America, Eastern Europe, and Asia.

  • Liquid Intelligent Technologies (Liquid) has announced the completion of its 100%  acquisition and delisting of Telrad, an Israeli-based technology company
  • Telrad has a substantial presence in 13 countries across the Middle East, South America, the United States of America, Eastern Europe, and Asia
  • The company provides cutting-edge technological services, including information technology, networking, cloud infrastructure, geoinformatics, and cybersecurity

The company supplies high-quality technological goods and services to businesses and governments worldwide. The company provides cutting-edge technological services, including information technology, networking, cloud infrastructure, geoinformatics, and cybersecurity.

Mobile carriers and blue-chip organisations can …

Strive Masiyiwa, the executive chairman of Econet Wireless International has attained an almost mythical status in Zimbabwean and African corporate lore.

Fortune Magazine describes him this way:
“Masiyiwa’s entrepreneurship has had a major impact in Zimbabwe, his home nation, and on the African economy more generally. Econet, the telecommunications firm he launched in the 1990s, helped pioneer mobile loans and cashless payments on the continent, sparking a wave of adoption that has expanded economic well-being for millions of unbanked people in Africa—while also helping Masiyiwa beco...

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  • On average, the continent’s billionaires are worth $4.7 billion now compared to the $3.4 billion in 2014
  • Aliko’s wealth has been increasing exponentially, from $10.1 billion in 2020, $12.1 billion in 2021, and 13.9 billion in 2022
  • Nigerian Abdulsamad’s worth has risen from $3.1 billion in2020 to $7 billion in 2022, arguably the best performer on the list.

The African economy is not doing so well. But that does not mean so are all the people on the continent!

Aliko Dangote, a business magnate in Nigeria, has topped the 2022 Forbes list of the richest men in Africa for the eleventh consecutive time.

Despite the Coronavirus pandemic, the continent’s 18 billionaires’ combined worth is 15 per cent more than it was in 2021, standing at roughly $84.9 billion.

On average, the continent’s billionaires are worth $4.7 billion now compared to the $3.4 billion in 2014.

Soaring stock prices across sub-Saharan …

Who is Strive Masiyiwa

Mr Strive Masiyiwa was born in 1961 he is the best renown as the founder and director of the broadcast communications Econet Wireless and is one of Africa’s richest men.

He founded Econet in 1993 but not without sweat and blood, the Zimbabwean government was not having it. The government went against Mr Masiyiwa in a landmark legal battle for almost five years.

While today Econet is the largest telecommunications company in Zimbabwe with operations in Kenya and Burundi too, the company did not go to market until 1998.

That was not the only war Mr Masiyiwa, who is one of the wealthiest Africans,

had to fight with the government, as the publisher of Zimbabwe’s only independent newspaper, the Daily News, he was confronted with the government and well, you win some you lose some and in 2003, Daily News was shut down by the government.…

The Alliance for a Green Revolution in Africa, (AGRA), an agricultural think tank and partnership-driven institution in Africa has announced a change of guard with leading entrepreneur and owner of Econet Group Strive Masiyiwa stepping aside and former Ethiopian Prime Minister Hailemariam Desalegn taking the helm.

The seat has had a high-level representation since the founding chairman Kofi Annan stepped aside. It has been instrumental in developing formidable partnerships in the continent is promoting agricultural growth and investments.

‘I am thankful that I succeed Mr. Masiyiwa, a remarkable continental leader, who leaves behind a solid organization and an impressive track record. I remain certain of his support in the journey to achieving the continent’s major agricultural prospects,” noted Hailemariam Desalegn.

“Around the world, food security ranks high up on the governments’ development agenda…the Maputo Declaration requires African countries to spend 10 percent of their national budgets in agriculture, part of …

African start-ups raised a record USD725.6 million across 458 deals, with the start-up funding in the region almost quadrupling previous numbers.

But for Africa’s tech scene to truly thrive in the 21st century, it needs to quickly develop local digital skills
and expertise.

The future looks bright for African tech but it rests in the hands of a young population that needs greater access to resources and training. This is according to Liquid Telecom’s ‘The African Digital Skills Report 2019’.

In Southern Africa, Zimbabwe has pockets of digital innovation with plans to close the skilling gap.

In the 16.5 million people nation, 42 per cent of its citizens is under the age of 15.

Despite facing some challenges in recent years, digital innovation and skills development is emerging in Zimbabwe. This is largely driven by private individuals and groups.

Zimbabwe revamping tertiary education curricula to align with future needs

The …