Search Results for: world bank
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COLUMNS
The Opportunity Cost of Doing Business for SMEs in Africa
The African economy has gathered momentum over the years, with an estimated increase of 3.8% of the real output growth…
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News
Korea Invests $9 Million to Support Development of Science and Technology Skills Across Sub-Saharan Africa
The International Centre of Insect Physiology and Ecology (ICIPE) has signed an initial US$ 3.8 million grant agreement with the…
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News
Report: Remittance income will drive economic growth for Africa
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to ICAEW’s…
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COLUMNS
Leveraging intelligent technologies to help Kenya government connect better with citizens and build intelligent public-sector enterprises
By Robin Njiru, Director: General Business at SAP East Africa Public sector companies are not immune to the forces that…
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COLUMNS
Corine Mbiaketcha Nana: Three early industry adopters of autonomous technologies
Automation has already transformed industries in which complexity and performance demands must meet the challenges of fewer available resources, narrower…
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News
Kenya wins Bid to host the International Open Data Conference in 2020
Kenya has won the bid to host the 6th edition of the International Open Data Conference (IODC) in 2020. This…
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COLUMNS
Explaining the High Cost of Remittance to African Countries
The World Bank recently released a study report with findings that the cost of remitting cash to African nations is…
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News
Nopia Ride, the first ever full-electric cab hailing service now in Kenya
Nopia Ride, the first ever full electric mobility service in East Africa has launched its cab services in Kenya by Finnish…
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New Appointments
DPO Group names Lourens Brink as new Chief Financial Officer
African payment service provider DPO Group has named Lourens Brink as the Group Chief Financial Officer (CFO) effective August 1, 2018.…
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New Appointments
Equity Appoints Mary Wangari Wamae as Group Executive Director
Equity Group Holdings has appointed its long-serving Group Director of Strategy, Legal Services and Company Secretary Mrs. Mary Wangari Wamae…
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News
More than half of Sub-Saharan Africa to be connected to mobile by 2025
More than half of the population of Sub-Saharan Africa will be connected to mobile service by 2025. This means there…
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News
The African Tech Hubs pioneering innovation: How digital transformation can drive growth and job creation across emerging economies
Innovation and entrepreneurship play an ever-increasing role in growing Africa’s emerging technology ecosystem. According to research by the GSMA Ecosystem…
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News
Orange Digital Ventures announces new $8.6 million investment in Kenya’s Africa’s Talking
Orange Digital Ventures Africa has announced its first investment in an African startup. The technological investment fund will help Nairobi…
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New Appointments
Mastercard appoints Raghav Prasad as new Sub-Saharan Africa Division President
Spurred on by the company’s steady growth in Sub-Saharan Africa and in line with its focus on investing in the…
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BUSINESS
Jumia House, Al Burooj Real Estate partner host Real Estate Event in Kenya
Jumia House has partnered with Dubai based real estate company Al Burooj Real Estate to host a Real Estate Event aimed at promoting…
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BUSINESS
Kenya among Sub-Saharan African economies that set new record in reforming their business climate
Kenya is among the Sub-Saharan African economies that set a new record in reforming their business climate. This is according…
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COLUMNS
The role of payment infrastructure in boosting cross border business and drive economic growth
By Denis Kruger, Head of Sub-Sahara Africa, SWIFT Four years after its launch, Kenya, Tanzania, Uganda and Tanzania are benefitting…
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COLUMNS
East Africa is the edtech hotspot
Opportunities Arising from Increases In Affordable Internet Access For many people Africa is known for the poverty of the people,…
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News
Kenyan universities set to add accommodation for 0.5m students in next five years
Kenya’s universities are set to build accommodation for more than half a million students in the next five years,…
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Startups
What does it mean for technology to be innately African?
Mobile and cloud may be global technologies, but African start-ups have explored their functionalities, shaped their applications and used them…
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News
Decision brings ITU policy in line with other international organisations
ITU has started the New Year by launching a new access to information policy, committing to make more information and…
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New Appointments
New Appointments: Lizz Ntonjira joins IBM as regional PR lead
Former NTV Business reporter and news anchor Lizz Ntonjira has joined IBM as the firm’s External Relations Lead for East…
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COLUMNS
Investment in Fleet Management and Vehicle Tracking Technologies should become key for businesses in 2017
Transportation and logistics could be the next billion-dollar business opportunity for companies. In fact, according to the World Bank, Boeing,…
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BUSINESS
Uber is launching in Dar es Salaam
After successfully launching in Kampala and Accra Ghana, Uber has also announced that it is launching its services in Dar…
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News
Uber launches in Accra Ghana
Just a week after launching in Kampala, Uber has also announced its launch in Accra, Ghana. The city joins Uber;s…
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BUSINESS
Uber Launches in Kampala, provides free rides for all Ugandans
Following the success of Uber in many other growing cities in Africa, Uber has decided to spread its wings by…
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News
MasterCard commits up to $1 million to advance financial inclusion in Rwanda
The MasterCard Center for Inclusive Growth has announced that it has committed $1 million to advance economic growth and financial…
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News
Samsung Corporate Citizenship cements commitment to Africa at Samsung Forum 2016
Samsung Electronics Africa yesterday announced that it will bolster its Corporate Citizenship efforts in Africa in a bid to help…
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News
What you need to know about Joseph Mucheru, New ICT Cabinet Secretary
Joseph Mucheru MBS, is the current Kenyan Cabinet Secretary nominee for ICT. The ICT docket was initially headed by Dr.…
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BUSINESS
Siemens to build 1,000km power line between Kenya and Ethiopia
Global engineering firm Siemens has been appointed in consortium with construction company Isolux Corsan to build a 1,000 kilometre power…
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News
IBM Partners with Rwandan government to increase country’s development
IBM has partnered with the government of Rwanda to bolster the country’s development, public safety, citizen engagement and economic opportunities.…
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BUSINESS
Mobile Money: Nigeria to host #RemitAfrica2015 Conference
This year, Nigeria will play host to the REMITAFRICA2015 conference, a mobile money conference organized by MobileMoneyAfrica. The conference, which…
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News
Liquid Telecom Kenya launches support for Internet content entrepreneurs programme
Liquid Telecom Kenya has launched a two-year ‘Information Enabler’ programme that will see entrepreneurs who publish local content online receive…
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News
African leaders launch Regional Scholarship and Innovation Fund
By Nixon Kanali, TechTrendsKE African leaders led by the President of the Republic of Senegal HE Macky Sall, and representatives…
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BUSINESS
HomeSend Wins ”Best Payment Product” in Africa Award
HomeSend, has received the 2015 “Best Payment Product in Africa” award at the Asian Banker Middle East and Africa Awards.…
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BUSINESS
Vodafone launches M-Pesa payments between Tanzania and Kenya
Vodafone has launched Mpesa transfer services between Tanzania and Kenya. A service which it says will see M-Pesa customers from…
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News
Kenya’s BRCK raises $1.2M to connect the last mile to the internet
Ushahidi spinout BRCK Inc.has announced that it has closed a $1.2 million seed round. BRCK is solving last-mile connectivity problems…
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News
Kenya’s BitPesa launches beta test of remittance service
Kenya’s BitPesa has launched in beta test to allow Kenyans living in abroad to send money back home with…
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News
Zambian Government patners with IBM to Provide Improved Access to Life Saving Drugs
IBM has today announced a collaboration with the Zambian Health ministry to provide Zambian citizens with improved access to 200 life…
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Startups
Africhange Secures IMTO Licence to Streamline Remittance to Nigeria
Africhange announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the Central…
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News
Social Commerce Platform ChitChat Launches Global Remittances Feature
ChitChat, the African social commerce platform has launched a new remittance feature, which enables seamless cross-border money transfers across 13…
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News
Calla PR launches digital marketplace to for African businesses
Calla PR, a leading strategic communications agency, has launched Calla Precision, a digital marketplace designed to connect businesses to their…
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News
Finding Your Ideal Trading Strategy: Make the Right Choice
Choosing a trading strategy is about more than just following trends; it’s about finding the approach that aligns with your…
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News
Glovo Surpasses Delivery of Over 400,000 Social Meals in Kenya
Glovo has announced that it has delivered over 400,000 social meals to vulnerable communities reaching at least 20,000 beneficiaries monthly.…
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News
EFT Corporation and Visa partner to bolster fintech growth in Africa
EFT Corporation (EFTCorp) and Visa have announced a five-year partnership to transform Africa’s digital payments landscape. This collaboration seeks to…
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COLUMNS
PHYLLIS MIGWI: How African universities can fortify defenses against the growing threat of cyber attacks
When thinking about industries that cybercriminals might target, tertiary education probably isn’t the first to come to mind. But according…
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News
Changing Global Trade Patterns Will Enhance Cross-Border B2B Payments in Africa
Changing global trade patterns and the emergence of new payment solutions will drive significant growth in cross-border B2B payments in…
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News
50/50 Women on Boards Unveils Inaugural African Chapter in Nairobi
On Tuesday, 50/50 Women on Boards (WOB), a global nonprofit advocating for gender balance and diversity on corporate boards, officially…
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News
[INTERVIEW] Lami’s Jihan Abass on Digital Revolution for Insurance Agents
The insurtech sector in Africa is rapidly evolving, driven by technological advancements and a pressing need for accessible insurance solutions. …
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BUSINESS
NCBA Takes 100+ Business Customers on Market Familiarization Trip to China
Today, over 100 NCBA Bank Commercial and SME customers embarked on a market exposure trip to China, offering a unique…
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COLUMNS
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Gerald Maithya: AI entrepreneurs hold the key to an era of unprecedented opportunity for Africa
It’s exciting to see how AI is opening up new possibilities for African entrepreneurs. Over the past few years, we’ve…
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News
Financial institutions should prioritise good customer care
Customer Service Week (CS Week) is an international event celebrated annually during the first full week in October. During this…
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News
Mobile Money Subscriptions in Kenya Rise to 38.7 Million
Mobile money subscriptions in Kenya have grown to 38.7 million, translating to a penetration rate of 75%. This is according…
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News
Visa Introduces Tokenized Asset Platform Targeting Fiat-backed Tokens
Visa, a global leader in digital payments, has unveiled the Visa Tokenized Asset Platform (VTAP) designed to help financial institutions…
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News
KaiOS smart-feature phones to intergrate Mastercard’s payment technology
KaiOS Technologies, a leading operating system that brings internet to affordable devices has announced a collaboration with Mastercard to integrate a…
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News
Sophos named leader in IDC MarketScape 2024 for MDR services
Cybersecurity firm Sophos has announced its recognition as a leader in the IDC MarketScape: European Managed Detection and Response (MDR)…
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News
GSMA SDG Report Shows Mobile Industry Growth Despite Challenges
The mobile industry continues to play a crucial enabling role in advancing the UN Sustainable Development Goals (SDGs), but strong…
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News
NCBA taps AWS to provide digital skills training for over 3,000 employees
NCBA and Amazon Web Services (AWS) have announced a strategic training initiative to enhance the digital skills of over 3,000…
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Featured
1Win: The Official Betting Hub for Kenyan Enthusiasts!
1Win Overview for Kenyan Punters 1Win is a reputable online betting platform that has captured the attention of punters in…
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Blockchain
Tether invests $1.5 million in Sorted Wallet to enhance financial inclusion
Blockchain-enabled platform, Tether, has announced a strategic investment of $1.5 million (Sh. 193.4 million) in Sorted Wallet, a platform designed…
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BUSINESS
Absa and Visa unveil Kenya’s first metallic infinite card
Absa Bank Kenya has partnered with Visa to launch an exclusive Infinite card, making it the first bank in Kenya…
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News
Winners of 2024 Absa technology hackathon announced
Absa Group has announced the winners of its 2024 Technology Hackathon aimed at igniting engagement and fostering innovation within the…
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News
Fintech platform PalmPay rolls out USSD service in Nigeria
PalmPay, the financial platform with over 30 million users on its smartphone app in Nigeria, has announced the launch of…
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BUSINESS
Equity Group elevates sustainability efforts, setting global benchmark in climate-related transactions
Equity Group has set a global benchmark with the highest number of climate-related transactions among 258 financial institutions worldwide. The…
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BUSINESS
NCBA opens new branches in Limuru and Githunguri
NCBA Bank has officially launched two new branches in Limuru and Githunguri, bringing the total number of branches in Kiambu…
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News
Ethiopia boosts digital financial services with its first virtual Visa card
Ethio telecom has partnered with Visa to launch Ethiopia’s first wallet-based Virtual Visa Card. The partnership which was announced on…
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BUSINESS
BNI Convention Unites African Entrepreneurs for Insightful Collaborations
The BNI Convention held in Naivasha on Friday, 16th August 2024, brought together over 400 entrepreneurs and business leaders from…
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Apps
LOOP App Wants to be Your One Stop Shop Lifestyle App
LOOP App: Over the last couple of years, Africa has become one of the fastest-growing app markets in the world.…
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News
113 Scholars Under the Equity Leaders Program Join Top Global Universities
113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around…
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BUSINESS
NCBA climbs 7 spots as one of Africa’s Most Valuable Brands
NCBA climbed 7 spots to secure the 85th position as one of Africa’s Most Valuable Brands in 2024. This is…
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News
NCBA Now App: Prioritizing safety and convenience
NCBA Now App: As of the beginning of 2024, there were 22.71 million internet users in Kenya, with 40.8% internet…
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Gadgets
How LG on curating a more uplifting and inspiring social media feed
Last month, tech giant LG Electronics unveiled a global campaign to draw encouraging content onto social media timelines. Throughout the…
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News
Eunice Kinyanjui: We Need More Digital and Innovative Financial Solutions for MSMEs Beyond Credit
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of Kenya’s economy, contributing significantly to innovation and economic growth. According…
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COLUMNS
Paul Colmer: The folly of allocating 6GHz spectrum for 5G in South Africa
Wireless spectrum is the lifeblood of communication, and one of the most important legislative decisions in any country is deciding…
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News
Fintech firm Pyypl joins forces with Visa to drive financial inclusion in Africa
Pyypl, the Middle East and Africa (MEA) fintech has announced a partnership with to issue virtual and physical Visa cards through…
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CYBER SECURITY
Hacktivist group Anonymous sends warnings to Kenyan government to allow citizen protests
Kenyan businesses and institutions are on tenterhooks as global hacktivist group Anonymous sent warning salvos to the country’s government to…
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BUSINESS
NCBA Visa Cardholders: Here’s how to win a fully paid trip to experience the Paris Olympics
NCBA Visa Cardholders: The Olympic & Paralympic Games Paris 2024 are set to happen in Paris and if you’re a…
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BUSINESS
NCBA Visa cardholders get the chance to experience The Olympic Games
Visa is giving 3 NCBA Visa cardholders an exclusive experience to be part of this year’s Olympic Games. The spend and…
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COLUMNS
[Daphne Kabeberi] Championing Sustainability: How Glovo is Leading the Charge in Environmental Protection
In recent years, the global conversation around sustainability has intensified, with businesses recognizing their critical role in mitigating climate change…
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News
The Evolution of Television: A Journey Through the Test of Time
There is no doubt that television has been a cornerstone in the evolution of global communication, serving as a powerful…
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Featured
NCBA sets an ambitious plan to plant 10M trees, pushes for EV adoption
The world is celebrating World Environment Day on Wednesday, 5th June, a day set aside by the United Nations to…
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BUSINESS
Visa unveils suite of new products for the digital age
Digital payments company Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the…
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News
Uncovering Some Of The Craziest Tech At Online Betting Sites
Technology has drastically changed the shape of the online betting market. What began as a simple and convenient way for…
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Startups
Orca Fraud raises $550k to fight fraud in emerging markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud,…
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BUSINESS
How Africa’s largest payments network is integrating social mission with its business aspirations
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the…
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BUSINESS
Growth opportunities for African fintech abound, especially in South Africa
The fintech landscape in Africa is experiencing a surge in growth opportunities, with South Africa emerging as a key player…
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News
[Gerald Maithya] What we can learn from Africa’s small business success stories
Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo,…
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Startups
Digital identity solutions provider Seamfix secures $4.5 million funding to expand across Africa
Seamfix, the Nigeria digital identity solutions provider, has secured $4.5 million from Alitheia IDF, a gender lens investing fund, in…
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Interviews
[Interview] Epson’s Regional Head on the company’s commitment to innovation and sustainability
Epson has announced selling over 90 million EcoTank printers globally as of December 2023 signifying a major step towards reducing…
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Startups
Cellulant announces new executives appointments
African payments firm Cellulant has announced the appointment of several leading executives to its management team. The company said in…
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News
Rethinking Card Issuing in an Age of Fintech Disruption
Traditional banks face challenges in modernising card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences…
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BUSINESS
Forex Fortunes in Kenya: A Beginner’s Guide to Online Forex Trading
Online forex trading has gained significant popularity in Kenya in recent years. Given the potential for lucrative returns, a growing…
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Startups
Applications for the Visa Everywhere Initiative 2024 Open
Visa has opened applications for its 2024 edition of the Visa Everywhere Initiative (VEI), a global open innovation program and…
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Featured
Precautionary Measures When Using a Credit Card at Online Casinos
In the fast-growing world of online gambling, there are many methods of playing for real money. You can use vouchers,…
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News
Top Achievements That Influenced Online Entertainment in Africa
Africa boasts immense resources needed to promote structural economics. This continent, which remains underdeveloped, is viewed as a land of…
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News
Suss Digital Africa Founder Dennis Maina Named Among The Top Fourty Under 40 Africa
Kenyan-based digital marketing agency Suss Digital Africa founder Dennis Maina, has been named among the Fourty under 40, 2024. Dennis…
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BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
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COLUMNS
[Nick Clegg] With AI technology tailor-made in Africa, the sky’s the limit
With so many hyperbolic claims and counter-claims being made about Artificial Intelligence, it’s hard to know what to think. Should…
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BUSINESS
London-based fintech Unlimit secures PSP licence to expand into Tanzania
Global fintech company Unlimit is launching its payments services in Tanzania, further expanding its presence in Africa. The firm announced…
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BUSINESS
MasterCard teams up with SAVA to serve African SMMEs
Mastercard and Johannesburg-based fintech company SAVA have announced a partnership to support small, medium, and micro enterprises (SMMEs) with innovative…
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News
Kenya’s Technological and Entrepreneurial Landscape Altruist
Africa’s tech scene is experiencing a vibrant boom, and Kenya stands at the forefront, earning the moniker “Silicon Savanna.” Today,…
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