I'd like to reach out to readers ofQuartz Africa.
Despite our status as a global financial and tech hub, we still don't have enough money to pay ourlums. I attended a panel session on the future of tech this week and was told by the founder of AHK & ASSOCIATES that this was true.
The panel was moderated by Yinka Adegoke who is now the strategic initiatives editor at Rest of World.
We often write about the high demand for tech talent in the country and the rising status of the capital city as a tech and financial hub. The look into the talent question was very revealing.
There is demand over supply. Grace Galaty, the head of talent acquisition in Africa and Asia at Wasoko, said they have sleepless nights when certain roles open up. There were 372 employees over the same period.
The more specialized the tech talent needed, the harder it is to source local talent.
Microsoft's Africa Development Center recently hired 450 mostly Kenyan engineers and can't compete with the salaries they offer, according to a tech fellow at Carnegie Endowment. There should be a policy requirement for companies to commit to upskilling new talent if they are going to take a lot of people from the local community.
Many think it is a good problem to have when big companies hire locally.
The Africa editor is Ciku Kimeria.
The numbers show a compelling story: nearly 97 percent of Africans were uninsured in 2019. Most of the gaming population is young. The majority of Africa's population is under the age of 25. The average age of the continents is 20. Usiku Games wants to make sure young Africans are protected.
It is a challenge in most African countries for national insurance funds to accept tokenized monthly premiums.
The plan is to popularize the concept of play-to-save among the youth and help them pay for their health insurance premiums.
Governments need to work to reduce internet access costs. Hospitals and national insurance funds have to work with gaming companies to get young people into insurance.
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Uganda has become a black market success due to the failure of the digital literacy program. The failed project to equip grade one pupils with tablets was spotted on Uganda's black market. The people of Kenya are not happy. The scandal killed the dreams of millions of children.
54 African languages will be translated by Meta. Meta is leading research to translate African languages using artificial intelligence in order to boost technological inclusion and eliminate language barriers to the internet economy. How this will work is reported by Faustine.
Inflation is biting as the country returns to the International Monetary Fund. With inflation reaching a 19-year high in June, the country is looking for ways to breathe life into its economy. Alexander reported on the visit of the International Monetary Fund to the country.
Buying now, paying later is attractive because of inflation. Africans are finding the model of obtaining goods to pay later on interest free terms attractive. The various types of companies entering this space are given by Conrad Onyango.
A generation in South Sudan was influenced by basketball. South Sudan finished the first round of basketball qualification without a loss. The country built a fail safe structure for basketball.
Since the beginning of the year, it has lost half of its value, making it seem like a distant memory. More than a third of the adult population in six countries still buys or sells cryptocurrencies at least once a month, according to a report by Morning Consult.
More than half of the adult population in Nigeria are trading in cryptocurrencies.
“There should be a give and take, concessions, not just a goal to outdo China.” —Efem Ubi, an associate professor and director of research at the Nigerian Institute of International Affairs
The G7 summit was held at Elmau Castle in Germany in June of this year. The partnership for global infrastructure and investment was unveiled.
US president Joe Biden is the leader of the group that has four pillars: healthcare, gender equality and equity, climate and environment. It will include infrastructure projects with a special focus on Africa, which seems to be a clear reaction to China's Belt and Road Initiative.
The G7 will have to manage its expectations because of China's dominance in financing Africa's infrastructure projects.
Image copyright: Odd Andersen / AFP via Getty
Francis Kéré is the first African to win a prize. The work of 400 artists, designers, and architects from 40 countries will be on display at the Triennale Milano. His role at the Italian cultural institution is both a privilege and a burden.
He is trying to offer examples instead of publishing a big document. Kéré wants to show off African ingenuity and slay some myths along the way.
Kéré talked to Anne about how to portray African architecture as an unknown phenomenon without being patronizing.
Zazuu, a UK-based platform for comparing remittance services, raised $2 million from a number of African investors. Tinie Tempah and iROKOtv founder are both investors. The company seems to have plans to add more services after raising money.
Oikocredit gave $8 million to SolarPanda, a manufacturer of pay-as-you-go solar home systems. The company produces 200,000 home systems and has 37 retail branches in the country.
The euro and the US dollar were both worth the same, but then the euro fell below the dollar and is now back to parity. The euro has been stronger than the dollar in the past.
The investors are concerned about the economic situation in Europe. Russia is threatening the supply of natural gas to Europe because of sanctions over the war in Ukraine. As a result of the EU agreeing on a Russian oil ban, nations are forced to find new sources of energy.
The euro is being dragged down by recession fears. Security is what it is about. Many investors hold dollars in times of economic uncertainty because they think the currency is safer. The higher the demand, the higher the price.
Mr Eazi is a tech investor as well as an Afro beats star. Mr Eazi is an award winning artist from Nigeria. This collaboration is reported by Rest of World's Abubakar Idris.
The man was brought to the UK from Africa. A new documentary, reported on by the Guardian's Stuart Jeffries, lays bare the fine details of how the UK's longdistance marathoner Mo Farah found himself in the UK as a child.
There is no tour for black cyclists. Georgia Cole and Temesgen Futsumbrhan Gebrehiwet explored the reasons behind a lack of Black cyclists in the Tour de France and made the case that there are more talents like Biniam Girmay.
There has been no central bank governor for six months. Daniel Kalinaki of the Daily Monitor thinks that without the office of the central bank governor, any nation would be worried. The seat has remained empty since the death of the governor in Uganda.
Dissent in Edo. The plight of Flore Nobime and Olivier van Beemen at the hands of the police in Benin is portrayed in Africa is a Country.
The Women Techsters program is for women. Women between the ages of 16 and 40 can apply for a three-week class that will teach them new dynamics in data science. July 26th
Climate action can be done by people. $5 million in funding is up for grabs in the Climate Impact Challenge. The day before, on July 29
The brief was made while listening to Energy.
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