The Empower Africa Business Platform is Now Live !!!
Tech leader Acer has unveiled plans to begin monitor production in South Africa, marking a major step towards local manufacturing.
Production is slated to kick off in the coming months, with the initial rollout featuring their consumer monitor range in August 2024.
This will be followed by the introduction of commercial monitors in September, while the gaming monitor lineup will arrive at a later date.
This strategic move aligns with Acer’s wider localization strategy, aiming to boost job creation and pave the way for future technological advancements within the region.
Acer, headquartered in Taiwan, boasts a global manufacturing network spanning key regions.
The South African monitor production program is expected to significantly impact the country’s tech sector by generating new employment opportunities.
Recognizing the importance of affordable technology in driving economic and social progress, Acer prioritizes making its products accessible without sacrificing quality or performance.
All monitors produced in South Africa will be backed by a three-year warranty, Acer confirmed.
The company also ensures local availability through existing retail partnerships, making Acer technology even more accessible to South African consumers.
Thndr, a digital investment startup based in Cairo, has secured $15.7 million in its latest funding round.
Egyptian fintech company Khazna has successfully raised $16 million in a pre-Series B funding round to strengthen its presence in Egypt and expand operations into Saudi Arabia.
Kenyan electric mobility company Roam is gearing up to launch 10 additional solar-powered Roam Hubs in Nairobi, supported by funding from ENERGICA, an initiative under the European Union’s Horizon 2020 program.