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Cathy Smith of SAP Africa Scores a Spot on the Africa.com Definitive List of Women CEOs of the Biggest & Most Complex Businesses in Africa – The Maravi Post

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JOHANESBURG, South Africa, October 14, 2021 -/African Media Agency(AMA)/- Africa.com undertook a rigorous research project to identify the women who run the largest, most complex businesses on the African continent. The result of this extensive research undertaking is The Africa.com Definitive List of Women CEOs.

SAP’s Cathy Smith, MD Sub-Saharan Africa, made the list of 50 women CEOs leading corporate Africa. The list was compiled over many months through a deep research effort to examine the management of big business in Africa. Big business, for this purpose, is defined as being listed on one of Africa’s stock exchanges and having a market capitalization of over $150 million USD or being a global publicly listed company with a market capitalization of over $50 billion USD and significant operations in Africa.  

Harvard Business School Professor Tony Mayo will present his research findings on what it takes for African American women to reach the top spot in the corporate sector as part of the Summit on October 13. At this event, the names of the 50 women on the list will be revealed. In addition, a panel of women from the list will tell the stories of their rise to the top of Corporate Africa, and comment on Professor Mayo’s research by addressing what it takes to make it to the top in Africa, specifically. Another high-profile panel will address what stock exchanges are doing globally to advocate for more women in big business, and will feature the heads of the major African stock exchanges.  Registration for the summit is free and can be accessed at Africa.com’s Virtual Event Center. (https://virtualeventcenter.africa.com/)

Cathy Smith was appointed Managing Director of SAP Africa in March 2018. She is the first female head of an emerging markets market unit in SAP’s history. She started her career in the insurance industry as an application developer and spent three years in the UK, consolidating her expertise. Overall, she has more than 30 years’ experience in the IT industry, working for major global industry players like IBM and Cisco.

“I am truly humbled by this recognition from Africa.com and to be in the company of so many incredible, successful and inspirational women leaders. My congratulations to each of them,” says Smith. “I believe that diversity of every kind brings enormous value to organisations and is something we should constantly strive for. I would love to see more young women studying in the STEM fields and encourage more women to enter the technology industry. It is such an exciting space to be in and there is so much positive impact we can make, not only in business but also in African communities.”

Methodology for The Definitive List

The Africa.com Definitive List of Women CEOs is the product of a data-driven research project that began by identifying all publicly listed companies on all of the twenty-one stock exchanges in Africa – a list of over 1400 companies. From there, the researchers screened the companies to focus on the largest companies – those with a market capitalization of $150 million USD or larger, resulting in a list of 355 corporations. Once the researchers had identified these 355 companies, the largest in Africa, they then searched the public information available on the management teams of these companies. In order to qualify for the List, women had to have a CEO or managing director title at the head of one of these companies. The titles were then vetted further by examining where the women fit within the company’s overall organizational structure to ensure that the women truly hold authority that is consistent with their title.  

In addition to the women selected through the process above, the analysis went on to identify two additional groups of women running Corporate Africa. One additional group of women are those who run divisions of very large African corporate entities, such that their division, if spun out on its own, would qualify for the list with its own divisional market cap of $150 million USD or more. The roles of the women running these divisions were vetted within the context of the company’s organizational structure – the title alone was not sufficient to make the list. The women in this group have profit and loss responsibility for a revenue generating division that would be valued at $150 million or more, on its own.

Lastly, women who run the entire African region, a region within Africa, or an African country for global corporations listed on international exchanges were then identified. To qualify for this group, only international companies with a market cap of $50 billion or more are included. The women running these businesses range from those who run a country, such as Kenya or Nigeria, to those who run all of sub-Saharan Africa for these global behemoths.

Sources: We acknowledge African Business Magazine for contributing to the financial data on the African publicly listed corporations.

For more information, email thedefinitivelist@africa.com or contact Africa.com at: +27 11 881 5941.

Distributed by African Media Agency (AMA) on behalf of SAP Africa.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP

As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

About Africa.com

Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad and content syndication network, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Source : African Media Agency (AMA)

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Ghanaian-British invents multi-language translator earbuds – The Maravi Post

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Ghanaian-British, Danny Manu has invented language translator ear buds that are able to translate various languages in real-time to languages preferred by users.

The CLIK+ and CLIK S ear buds have reportedly been accepted in the US and European markets.

Danny Manu’s company, Mymanu has said hundreds of thousands of the CLIK + and CLIK S ear buds have already been sold in the US and Europe.

According to MyManu, the company that makes Click, it uses its unique operating system to make this technology work effectively.

For the buds that operate on OS, the system even makes text-to-speech and speech-to-text possible.

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Users do not need to be connected to the internet before using the device, which enables them to communicate with billions people around the world.

The wireless Bluetooth earbuds can also sync with smartphones, enabling the earbuds to learn the language being spoken whilst providing instant translations to the person listening.

The innovator now hopes to add other African languages to the several languages already programmed for live translation on these ear buds.

Manu who self-financed the translating headphones through his business told Keep The Faith that “Like all the other ethnic minority-run businesses within the UK, I had a hard time getting the funding and financial support from banks and government-funded programs that I needed”.

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According to Manu, he made some sales to help raise capital, and also explored crowdfunding sites like Kickstarter and Indiegogo.

He was able to raise £5,000,000 through his different fundraising ventures, according to the Keep The Faith.

“I wanted to help my community and do some good, and Medybird was the perfect solution,” Manu said.

“I saw how COVID-19 was affecting the BAME [Black, Asian, and minority ethnic] communities and my fellow local businesses here in Manchester—it was heartbreaking to watch.”

Danny Manu
Danny Manu, Photo: OLYMPUS DIGITAL CAMERA

Danny on his personal website said he is a “very ambitious, hard-working engineer who strives to develop life-changing solutions to improve people’s life”.

The young entrepreneur is an engineer born in the United Kingdom to Ghanaian parents.

He studied at Oxford Brookes University and had previously worked at Quanta Networks Inc. and MEDYBIRD before establishing MyManu in 2014.

He was recently recognised by Google for his contributions to science, arts and culture.

How Kenya became the cradle of Africa’s technological innovation

Source: Africafeeds.com

Source: Africa Feeds

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Music Has A New Home In The Ayoba Superapp – The Maravi Post

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CAPE TOWN, South Africa, 21 October 2021 -/African Media Agency(AMA)/- Ayoba, the African super app, has announced the launch of a new focus on music in its application. The new Music homepage in ayoba offers a far superior design with enhanced player, and superb artist/ playlist imagery. Users are advised to upgrade their apps to the latest version of the app, 0.42.2, on ayoba.me, to experience it for themselves.  This update of the app will also ensure that users get access to the full feature set of the Superapp – including the recent updates to add voice and video calling to the current chat and channels offering. 

It has been an incredible journey building a music service in ayoba’ says CEO, Burak Akinci. ‘The year started at 40 000 monthly music users and we are currently at 300 000 monthly music users. The top territories are South Africa, Nigeria and Cameroon and we expect this growth trend to continue. The new music homepage in ayoba will further enhance music discovery in the app, and we anticipate a favourable response from users’’.

Simfy Africa [Pty] Ltd, owner of the ayoba app, has also announced the sunsetting of its standalone music streaming service, MusicTime®. MusicTime® was launched in December 2018 in South Africa with its partner, MTN, and was further launched into select MTN markets in subsequent years.  

Simfy Africa [Pty] Ltd have taken the decision to incorporate music into ayoba and not to split their focus by running two independent apps. The MusicTime® app will be closed to new users this week, and will remain open for existing users until the 30th November 2021. MusicTime® evolved as a product from the legacy Simfy Africa music streaming service, which was sunset earlier this year.

We take this opportunity to thank all our Simfy and MusicTime® users for their support. It has been ten years’ since the Simfy service was launched, and the music industry and competitor landscape has changed significantly. We see greater growth opportunity with the music offering in ayoba,’ says Akinci. ‘A direct comparison of the growth of the MusicTime® and ayoba music services for the past year shows a clear preference for the service in ayoba, both in user numbers and plays.

The upgrade of the music homepage in ayoba is the first in a series of upgrades that are forthcoming in the app with our heightened music and content focus.’ The music offering in ayoba offers 20 localised playlists per week per territory. Nigerian music users for example, see a different offering to Cameroonian. Playlists are rotated weekly with favourites updated with new tracks. South Africa has brought the greatest success for music in ayoba to date, with Nigeria and Rwanda following closely.  

The service has seen millions of plays this year, with the top artist across the continent coming in as Master KG and top song as Summeryomuthi by Blaq Diamond. The same song takes top spot for South Africa with Makhadzi coming in as the top artist. Olamide takes the honours for Nigeria as most played artist, with the top song being Naira Marley by Zinoleesky. Top artist for Ghana goes to Sarkodie with the top song coming in as Inna Song by DarkoVibes. Honours for Rwanda goes to Diamond Platinumz and top song is South of the Border (feat. Camila Cabello & Cardi B) by Ed Sheeran. Cameroon and CongoB have been listening to Fally Ipupa with top song as Mon Meilleur Ami by Rosny Kayiba.

 Ayoba’s weekly Top Songs and New Music Fridays playlists have proven to be the favourite across all territories. Other top playlists that are notable are Gloire à Dieu for Cameroon and CongoB. Ziyaduma! For South Africa, Olamide: Birthday Playlist in Nigeria and Ghana’s Top 50 songs.

Distributed by African Media Agency (AMA) on behalf of Ayoba.

About Ayoba

2021 has been a fast paced year so far for team ayoba. In September, the Super App launched a dynamic, high profile above the line media campaign titled: ‘Life inside ayoba’.  Ayoba also announced an achievement of 8 million monthly users, a steep rise from the announcement of 5.5M monthly active users earlier in 2021. 

To date Ayoba has over 160 content channels across various categories. 

In partnership with MTN, MTN customers are automatically allocated free data to use ayoba features (with the exception of Benin). Free data allocations can be used for all activities available in the app – including messaging, browsing, gaming and listening to music, and customers can also download the app data free at www.ayoba.me. Users are advised that voice and video calls are excluded from the free data provisions.   

Since its launch in May 2019, ayoba has reached millions of users. It offers users free access to an ecosystem of digital and rich media services through channels, micro-apps and payment solutions, embedded within an African super-app. 

Ayoba is highly localised and tailored for African and Middle East consumer needs, supporting 22 relevant languages. Users can send and receive encrypted messages, share photos, videos, files and voice notes and can also subscribe to live channels. Family friendly localised content is available through curated channels aimed at entertaining, educating and empowering communities as well as a range of games. Ayoba is available for Android users on the Google, Transsion, Huawei, Samsung and BeMobi stores as well as the ayoba website (ayoba.me). The PWA can be accessed at web.ayoba.me.

For more information please contact:
Olivier Prentout
Email address: pr@ayoba.me

Source : African Media Agency (AMA)

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South African town of Phoenix still scarred after deadly unrest – The Maravi Post

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On the face of it, Phoenix is a peaceful South African town, with affluent homes, a shopping centre, and several places of worship perched on a hill.

So peaceful that Mahatma Gandhi started a settlement and printed a newspaper there to spread his ideas of non-violence in the early 20th century.

But more than 30 people were killed three months ago on the streets of this mainly Indian town of 180,000 people, in an outbreak of vigilante violence as South Africa experienced its worst unrest in decades.

The victims were mostly black residents of Inanda, a township of corrugated iron houses and palm trees that spreads across the next hill from Phoenix.

Three months later, wounds are still tender and suspicion rife. Vigilante groups continue to patrol at night.

Nationwide violence erupted in July after former president Jacob Zuma was jailed for 15 months for ignoring a judicial investigation into graft during his time in office.

Mobs overwhelmed police in Durban, 25 kilometers (15 miles) south of Phoenix — prompting residents to form armed vigilante groups.

The racial overtones in July were impossible to miss. Most rioters shown on television were black, potentially altering perceptions of people from Inanda as they passed through Phoenix.

Police said at least 36 people were killed, including 33 black men — or almost one in ten of the death toll of 350 across South Africa.

Some of the dead in Phoenix were shot in the head, while others were beaten to death, or even suffered both.

More than 50 people have been arrested on murder charges.

One woman with Indian roots said nine of her neighbours were now behind bars, including her father.

“He didn’t do it. We are not racists,” she said, listing her “black friends” and a pointing to a black neighbour.

“It was a bad time,” she said. “Everyone was out on the roads to protect our community.”

People are still being reported for involvement in the violence three months on, and tensions between the two communities are high.

‘It’s racism’

The hangover from the violence has influenced political campaigning ahead of local elections scheduled for November 1.

Hundreds of businesses were looted and torched during the outburst.

Meanwhile the main opposition Democratic Alliance has stoked tensions, putting up posters hailing as “heroes” those behind what has become known as the “Phoenix massacre”.

“They called us heroes because they want our votes,” said an outraged resident who did not wish to be named.

Before the violence, Phoenix and Inanda co-existed, despite crime on the streets in one of the world’s most violent countries.

“Cars are being carjacked, houses are broken in. But this, I’d never seen this before”, said private security guard Mark Nadasen.

‘It’s racism’

“I can’t stand next to an Indian person today,” said Inanda resident Charmaine Mhlongo, 39.

Her 19-year-old son Sanele Mngomezulu was killed on July 12 while driving around with a group of friends.

They ran into an armed patrol outside Phoenix, which opened fire. Mngomezulu was killed by three bullets as he fled the scene.

Mhlongo believes “Indians” killed her son.

“It’s racism,” she said in her modest kitchen, clutching a photo of her son.

Other township residents claimed they heard Indian vigilantes shouting, “Kill the kaffirs”, using South Africa’s worst racial slur.

Under white-minority rule, which ended in 1994, Indian and mixed-race South Africans were classed as “coloured” with more rights than the majority blacks.

“We were made third-class citizens, while Indians were regarded as second-class citizens,” said Pastor Vusi Dube, who buried several victims in Inanda during the unrest.

Even today, many Phoenix residents employ black people as shop assistants and domestic workers.

Among residents too cautious to give their names, many suspect that some in power deliberately stoked the violence.

Days before the unrest, alarming messages circulated on social media, warning: “They are coming for your house, they are going to burn your house.”

“Some people wanted this to happen,” said one resident.

Source: Africanews

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