iAfrikan Daily Brief - Onyx, Donald Trump, SEACOM and University Of Nairobi

iAfrikan Daily Brief Indigitous

Thursday, 08 December 2016

Onyx Connect To Manufacture Android Smartphones In South Africa But Will They Be The First Afrikan Company To Do So?

Onyx Connect To Manufacture Android Smartphones In South Africa
Credit: Onyx Connect

South Africa’s Onyx Connect set the news abuzz with their announcement that they will be manufacturing Android smartphones in South Africa. This comes after they secured $10.5 million in funding and announcing that they will be the “first company to ever manufacture smartphones in Africa.”. The bold move comes after Onyx signed a software licensing deal with Google. But is Onyx the first to manufacture smartphones in Afrika? Towards the end of 2015 Congolese technology company VMK Tech opened a “manufacturing” plant in Brazzaville in Republic of Congo, where it was making, among other things, the Elikia line of smartphones, but the truth was that the smartphones were made in China according to reports with VMK just adding their branding at their plant. In the same breath, Onyx confirmed that their smartphone components will be purchased in China and assembled in South Africa.

A Tweet By Donald Trump Costs Boeing's Stock Market Value To Drop By $1 Billion Momentarily

Tweet By Donald Trump Costs Boeing
Credit: iAfrikan

A tweet by USA’s President-elect, Donal Trump sent aircraft manufacturer’s, Boeng, stock price sharply down for about 20 minutes wiping approximately $1 billion off the company’s stock value in that period before recovering to levels before Trump tweeted. The tweet which read “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” sent Boeing’s stock price down barely 8 minutes after Trump sent it. It also received criticism and generated a lot of debate as some argued the number Trump was talking about was incorrect. What is certain is that “it is just not Twitter”, it influences real life despite many who think the contrary.

Video Dominates Data Traffic Volumes In South Africa And Other Internet Insights

Video Dominates Data Traffic Volumes In South Africa And Other Internet Insights
Credit: Suveer Ramdhani / SEACOM

At the recently held media briefing by SEACOM, Africa’s first broadband submarine cable company, Suveer Ramdhani who is the company’s Chief Development Officer presented some interesting insights they have observed with one of them being that in South Africa Internet video consumption dominates data volumes. Broken down, Ramdhani observed that in 2015 Internet Video accounted for 57.6% of data volumes in South Africa and it is projected to account 70,7% of traffic data volumes by 2020. Also interesting to observe from SEACOM’s Ramdhani is that smartphones are the device that dominate the “time spent online” category but interestingly, it is fixed line access (includes Wi-Fi) that most South Africans use to access the Internet over mobile data.

University Of Nairobi Announced A $1 Million Startup Fund For Alumni

University Of Nairobi Have Announced A $1 Million Startup Fund For Alumni
Credit: University of Nairobi

The University of Nairobi, Kenya’s largest public university, is setting up a $1m fund for startups established by its alumni, as the country’s oldest institution looks for ways to create jobs for its graduates. Prof. Peter M.F. Mbithi, the university's Vice-Chancellor said that the institution has received KES 100 million to support business startups. The fund would focus on human-centered, problem-solving innovations. The fund is open to teams or sole proprietors, and it follows in the steps of Safaricom's Spark Fund, which has a US$ 1 million annual investment fund.

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