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Kenya Takes the Lead in Africa’s Internet Race

Izunna Okpala

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map of Africa

map of Africa

East African country Kenya has a population of 48,466,928 and is regarded as one of the internet/tech hubs of Africa

map of Africa

1) Kenya

East African country Kenya has a population of 48,466,928 and is regarded as one of the internet/tech hubs of Africa with the government having invested heavily in the country’s internet infrastructure. At 77.8%, Kenya has the highest internet penetration rate in Africa.

2) Mauritius

Situated just off the East African coastline, Mauritius is an island nation known for its beaches, lagoons and reefs, and just like the Seychelles, boasts a modest population of 1,281,353. With its small population, Mauritius has an internet penetration of 62,7% and has the 2nd highest internet penetration rate in Africa.

3) Seychelles

An archipelago of 115 islands in the Indian Ocean, off East Africa, the Seychelles is home to numerous beaches, coral reefs and nature reserves, making it a renowned holiday destination. With a population of just 97,539, the Seychelles faces significantly less resistance when it comes to achieving a high penetration rate due to its small population. This sees the Seychelles sit in as Africa’s 3rd highest country on this list with an internet penetration rate of 57,6%.

4) Morocco

The North African country of Morocco borders the Atlantic Ocean and Mediterranean Sea, and is known for its Berber, Arabian and European cultural influences. The country has a population of 35,241,418 and has the 4th highest internet penetration rate in Africa with 57.3% .

5) South Africa

Situated at the southern tip of Africa, South Africa has a population of around 55,436,360 people. Despite boasting some of the largest metropolitan areas on the continent and being widely considered as the business hub of Africa, the country still faces many of the same challenges as their African counterparts. South Africa has an internet penetration rate of 51.6% and is Africa’s 5th ranked country.

6) Tunisia

Bordering the Mediterranean Sea and the Sahara Desert, Tunisia is a North African country with a population of around 11,494,760. The internet played a significant role in the dramatic events of the Arab Spring, highlighting the power of online communication. Tunisia has the 6th highest internet penetration rate in Africa with 50.5%.

7) Nigeria

The West African giant boasts a massive population, the biggest in Africa in fact with over 191,835,936 people currently living in Nigeria. With such a large population, the task of providing the entire population with access to the internet is significantly tougher than many of their fellow African countries. Despite this Nigeria has an internet penetration percentage of 48.8% making it the 7th highest on the continent.

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US inauguration: How to watch the inauguration and parade

Izunna Okpala

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Mr. Biden and Ms. Harris will be sworn in as the President and Vice of the United States of America respectively. They will be along with their spouses, Jill Biden and Douglas Emhoff. They will conduct a review of the military and visit Arlington National Cemetery to lay a wreath at the Tomb of the Unknowns. They will be joined by three former presidents and their wives, who will also be present at the swearing-in: Barack and Michelle Obama, George W. and Laura Bush, and Bill and Hillary Clinton.

Watch the live coverage below:

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A conference on blockchain and health is scheduled to be held at the Africa Blockchain Developers Call.

Izunna Okpala

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The Africa Blockchain Developers Call (ABDC) Pan-African Bootcamp on blockchain technology has declared its intention to hold a weekend conference on incorporating blockchain technology into Africa’s health sector.

In an attempt to execute comprehensive blockchain training sessions and promote the implementation of specially designed applications for different sectors in Africa, the Bootcamp, officially launched on 5 September, has taken on a host of African developers.

The Bootcamp also features virtual weekend conferences on many use-cases for blockchain. These conferences are aimed at encouraging creative and comprehensive discussions on the implementation of blockchain technology in Africa, including platform presentations by businesses and panel sessions on many Blockchain issues. The first meeting, focusing on Blockchain in Finance, took place on September 5. It featured a keynote speech given by Professor Anicia Peters, University of Namibia Pro-Vice Chancellor for Science, Innovation and Development.

The next conference, scheduled to take place on October 3rd, will focus on the theme: Blockchain in Health. The keynote speech will be given by Arnab Paul, President of the Kolkata Chapter in India. Several organizations and startups will also give platform presentations via their representatives based on medical use cases for blockchain technology.

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HealthPlus is experiencing a power struggle 2 years after obtaining $18 m from Alta Semper Capital

Izunna Okpala

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A press release apparently released on September 25 by the Board of HealthPlus, one of the largest integrated pharmacy chains in West Africa, confirmed that the company no longer needed the services of its founder, Bukky George, as CEO.

The decision to terminate the appointment of George came with the announcement of Chidi Okoro, the interim leader.

Okoro, a renowned pharmacist and management executive, is to take on the position of Chief Officer of Transformation. Okoro, akin to the position of a CEO, can simplify day-to-day management, help the company scale, and achieve profitability.

And a letter that appears to be from the board of HealthPlus to the Pharmacists Council of Nigeria (PCN) states that George “remains a shareholder of the company, a member of the board of the company, and may engage at board level in the company’s decision-making process.”

Afsane Jetha and Zachary Fond, Managing Partner & CEO, and Director of Alta Semper Capital, respectively, have signed it off.

From investment and partnership to a fight for power

Alta Semper Capital LLP is a private equity (PE) company that invests in Africa-wide healthcare and consumer businesses. In 2017, the PE company invested in Macro Pharma, a medicated cosmetics company in Egypt.

It made deals with HealthPlus and the Moroccan oncology and radiology clinic, Oncologie et Radiologie du Maroc (ODM), the following year.

The letter from Alta Semper Capital to the PCN

Source Techpoint

The HealthPlus investment was $18 million.

HealthPlus, founded by George in 1999, has expanded to more than 90 retail outlets, employing over 850 employees, including more than 150 pharmacists. In Nigeria, the company claims to be present in 11 of the 36 states in the world.

Operating branches in strategically placed suburban areas, airports, and shopping malls are also recognized.

Alta Semper Capital ‘s investment was to help HealthPlus grow its store footprint. In addition, to attract more talent, grow fulfillment centers and pursue initiatives in eCommerce.

The cash inflow, however, is said to have given the PE firm a majority stake in the company, which is one of the reasons why the company is facing problems at the moment.

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