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“If you can’t beat them, join them”

Jim Henson

Africa

African states refuse to invest available money to improve Internet access

African governments have more than $ 400 million available to improve Internet access in their different countries. However, the World Wide Web Foundation and the Alliance for Affordable Internet reveals that much of this money sleeps in the coffers. Despite the screaming need of the people and the market, this money is never invested.

In this regard, these organizations note that only Côte d’Ivoire, Nigeria, Rwanda, and Uganda have a balance equal to zero. This means that they have invested their resources in improving Internet access, out of the 37 African countries. FASU has as objective, to find the financial resources to build and expand telecom infrastructure in the country. However, the reality is that these funds are not always used properly or at all.

The US wants to withdraw Rwanda’s AGOA benefits and they’re fine with it

The Rwandan government has said the United States has the right to withdraw benefits of Africa Growth and Opportunity Act (AGOA), responding to the suspension of its eligibility for apparel exports. The AGOA trade program provides eligible sub-Saharan countries duty-free access to the United States. But on the condition that they meet certain statutory eligibility requirements, including eliminating barriers to U.S. trade and investment, among others.

Following the notification by the United States on the suspension of duty-free status for Rwandan apparel products under the African Growth and Opportunity Act ( AGOA),  East African countries have decided to raise tariffs on second-hand clothing imports, in order to promote local manufacturing capacity in the garment and other industries. In a statement issued on Tuesday, Kigali signaled that it would not reverse restrictions on the importation of used clothes and shoes, including those from the United States.

Another ruling party beaten hands down

Sierra Leone has a  new president by name Julius Maada Bio. Bio is the opposition candidate declared winner on Wednesday with 51.81 percent of votes. He beat Samura Kamara, the ruling All People’s Congress (APC) candidate, who scored 48.19 percent of the votes.  Samura and his party have cried foul, describing the voting process as marred by fraud. He has promised to challenge the results in court.

Bio, the winner has appealed to his rival to drop a legal challenge against the result, and instead work with him in the new government. “He is a resource. He has the expertise and the experience. And I think we can put those to work in addition to all that we have to make sure that Sierra Leone is a better place,” President Bio said, referring to Samura. Ruling parties in Africa are now losing and crying foul on elections they organized. There is hope for African democracy.

Cameroon

Prime Minister fires against publishing confidential docs on social media

The continuous growth of social network, has made communication much easier. But this rapid growth has also made room for the exposure of all types of documents, including those designated, confidential. According to Cameroon’s Prime Minister Philemon Yang, this dissemination constitutes serious attacks on the state’s security.

Two years ago,  the government launched a campaign against social media, calling it a new form of terrorism. Now, violating professional discretion according to the Prime Minister is tantamount to facing extreme charges. However, if this pulls through, the social media might do the country much good than harm.

No signs of political change in Cameroon amidst increasing violence

Political tensions continue to escalate in Cameroon between Anglophone separatists and Paul Biya’s government. One would have expected an increasing yearning for political change among political stakeholders, considering the poor management of the conflict by the ruling government. But that seems not to be the case, as the ruling party has obtained a crushing victory in the last senatorial elections. The President’s party, the Cameroon People’s Democratic Movement (CPDM), worn 63 seats in 9 out of the 10 regions of the country, while the opposition Social Democratic Front (SDF) worn just 7 seats in its stronghold of the NorthWest Region.

The elections results were released within the week by the Constitutional Council, chaired by its President, Clement Atangana. The ceremony was held at the Yaounde Conference Center and had in attendance, the Prime Minister, Philemon Yang, members of the ELECAM board and members of the diplomatic corp among others. In the meantime, violent clashes have continued between government forces and Anglophone separatists forces, as both sides appear not to be giving up in the quest to achieve their objectives.

World

Seoul is planning to launch its own cryptocurrency called, S-Coin

Residents of the South Korean capital will soon use a city-funded crypto called S-Coin for everything from subway to kids’ allowances. It seems to be part of a master plan to create a comprehensive blockchain bureaucracy in Seoul. “As Seoul is the world’s leading city in the field of information and communications… I think we should study new technologies such as blockchains,” Seoul Mayor Park Won-soon humble-bragged recently.
As recent as 4 months ago, South Korea vocally opposed blockchain for fear that North Korea would use it to pick their pockets. And they went as far as taxing crypto-speculation and banning crypto accounts for minors. But South Koreans are the biggest crypto-consumers after Japan and America. By the way, as coin-trading hysteria subsided, Seoul hired Samsung’s enterprise IT consultancy in Nov 2017 to coin their crypto dreams into a reality.

Alibaba fully buys out food delivery platform, Ele.me at $9.5 billion valuation

For two years now, the Alibaba Group has invested heavily in Ele.me at a combined $2.25 billion. Alibaba currently controls 43% of the company’s voting shares. The Chinese e-commerce giant has now announced that it will acquire the rest of online food delivery company, Ele.me in a deal that values the company at $9.5 billion.
Founded by Mark Zhang and Jack Kang in 2008, Ele.me claims to be China’s biggest online delivery and local services platform. But at its core, it’s a Logitech firm that uses their logistics system to provide local delivery services. This is the latest in a frenzy of Alibaba ’s investments and acquisitions as they plan to combine e-commerce and offline retail.

How can a President spend 24 years in prison?

It would appear the disgraced former President of South Korea will spend a good number of her retirement years in prison. South Koreans have expressed mixed reactions after a 24-year prison term and $16m fine is handed down to Park Geun-Hye. She has been convicted of bribery, extortion, and influence-peddling.
According to South Korea’s judiciary, Park, 66, while serving as president was involved in coercing and demanding bribes worth more than $21m from major South Korean conglomerates, including Samsung, Lotte, and SK, in collusion with her longtime confidante Choi Soon-sil. A 66 year old former President to spent 24 years in prison.? This is what her sympathizers are still to comprehend.

Silicon Times

Events

  • Take part in the Douala Deep Learning Training where neural networks learn from vast amounts of data, on Saturday, April 7, 2018, from 6pm-8pm WAT.
  • Get a chance to meet the Top 10 Customer Experience Firms in Cameroon share their story at the Cameroon Customer Experience summit 2018, on May 12, 2018, 9am-5pm WAT. At St  David-Douala.
  • Are you interested in digital training? Don’t miss out the Training on Digital Communication-session 4, coming up on Saturday, April 28th 9:30 am-Saturday 26th,  May 2018, 4: PM. At Boulevard de la Liberte, Douala.
  • Get  a chance to meet 50 most influential young Cameroonians during the awards ceremony and official ranking announcements taking place on Sunday 8th April, 2018 at 5pm- 9pm at Banquet Hall, Chariot Hotel, Buea.
  • Don’t miss out on the exclusive Cameroonian event where opportunities for Cameroonians in technology will be launched in the Cameroon Digital: Thought Leaders Luncheon on April 16 from 11:00-15:00 WAT, at Douala, Littoral.
  • Get a platform for discussions on issues affecting the African continent and proper solutions, during the Ghana Nigeria Youth Summit on Saturday, April 28, 2018, from 10AM-3PM PDT. At the Onikan Youth Center, Lagos.
  • Grab an amazing opportunity to meet Human Resources Professionals in the Workshop on Writing HR Policies and Procedures, on the 12th-16th November 2018, 9am-5pm. At HCA Learning Centre. Acme Road, Ogba, Ikeja, Lagos or MAAS Central Hotel, Eastern Bye Pass, Old GRA, Port Harcourt.Nig.
  • Be a participant in the Seminar on Intellectual Property Rights on April 13th, 2018, 2pm. Top left floor, 1st Trust Building, Buea. 654571447.

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