Search Results for: digital economies
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News
Paratus Group Opens in Kenya To Provide and Install Starlink Services
Pan-African telecommunications and network services provider, Paratus Group has expanded to Kenya. The company has expanded into the country through a…
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News
Kenya to Host 61st AERC Plenary, Focusing on Africa’s FinTech Revolution
Kenya will host the 61st Biannual Plenary Session on the FinTech Revolution in Africa on December 1st, 2024. The plenary…
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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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News
Community networks in Kenya most effective in fostering inclusion for people with disabilities
Community networks are the best driving force in bridging the digital divide, particularly achieving digital inclusion, especially for Persons With…
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News
Palau, Soramitsu Unveil Blockchain-Based Savings Bonds System
The government of Palau in collaboration with global fintech, Soramitsu, and Japan’s Ministry of Economy, Trade and Industry (METI) have…
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News
Mobile money driving financial inclusion in Africa
Mobile Money in Africa: According to a report by the Mastercard Foundation, Africans have some of the lowest levels of…
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Startups
Why Now Is a Good Time to Invest in Venture Capital in Africa
The African venture capital ecosystem has encountered significant headwinds in recent times. According to research firm Africa: The Big Deal,…
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COLUMNS
Antony Muchiri: The growing Super Apps landscape in Africa
In recent years, the digital space in Africa has undergone a significant transformation, powered by increasing internet penetration, widespread smartphone…
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COLUMNS
Arnaud Bouraima: Africa’s Trade Transformation – The Power of Technology for Sustainability
In the face of mounting global environmental challenges such as climate change, biodiversity loss, and pollution, and increasing focus on…
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WomenInTech
Young Female Coders gather for Africa’s inaugural GirlCode hackathon
Aspiring African young female coders, developers and tech enthusiasts put their skills to the test at the 10th annual GirlCode…
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News
Will Tech VC Funding in Africa Rebound on Interest Rate Cuts?
VC firms and startups can look to imminent interest rate cuts to revive dealmaking but cuts alone may not bring…
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News
ICT key to achieving many of the UN’s 17 SDGs, says UNIDO
Information and Communication Technologies (ICTs) can help accelerate progress towards the attainment of the 17 United Nations Sustainable Development Goals…
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News
Kenya to benefit from initial $16.2m ITU broadband mapping project
Kenya is among the 11 African countries set to benefit from an initial $16.2 million budget for Africa’s National Broadband…
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News
African regulators embrace strategy to unlock benefits of transformative technologies
African regulators have endorsed a set of guidelines to maximize the benefits of transformative information and communication technologies (ICTs) at…
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News
MTN Rwanda reports significant 4G network coverage milestone
MTN Rwanda has announced that its 4G network has achieved a population coverage of 84.5%. This milestone comes one year…
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News
[Interview] Webb Fontaine’s Pascal Minvielle on the company’s new products and plan for Africa
Webb Fontaine has significantly expanded its presence in Africa in recent years. The company is a leading provider of solutions…
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News
dLocal secures remittance services partnership with KCB Bank
dLocal KCB Partnership: More than a year after securing payment service provider licences from the Central Bank of Kenya (CBK)…
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BUSINESS
KRA Commissioner General Asks African Countries To Modernise Tax Collections
KRA Commissioner General Humphrey Wattanga on Wednesday urged African countries to modernise tax administrations despite facing challenges such as informality,…
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Startups
Nine startups selected for the Safaricom Spark Accelerator Program
Safaricom has announced the nine startups selected for its Spark Accelerator Program. The program aims to accelerate early-stage startups in…
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COLUMNS
Parag Mendiratta: Unlocking Growth Opportunities in East Africa’s IT Channel Landscape
The East African region is poised for significant growth in the IT sector, presenting a massive base of opportunities for…
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News
Safaricom announces Ksh.20 million sponsorship for Connected Africa Summit 2024
Safaricom has today announced a Ksh.20 million sponsorship for the upcoming Connected Africa Summit 2024. The summit is scheduled to…
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News
How SiGMA’s Expansion into Kenya is Reshaping the African Gambling Landscape
Sigma Group, a big player in the international betting field, has initiated a strategic entry into Kenya. This is not…
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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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BUSINESS
Coronation Group, Access Holdings partner with M-Pesa for regional remittances
Safaricom and M-Pesa have entered into a strategic collaboration with Coronation Group, Access Holdings Plc to broaden access to remittances…
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BUSINESS
Glovo partners with Visa to support SMEs
Glovo has teamed with digital payments leader, Visa, to empower small-to-medium enterprises (SMEs) through a series of online training courses.…
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News
Visa Africa Fintech Accelerator program hosts first demo day in Nairobi
Visa held its Africa Fintech Accelerator program first demo day on February 13th in Nairobi to showcase innovations from emerging…
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News
Airtel Africa launches fibre bandwidth service
Airtel Africa today announces the launch of a new fibre bandwidth service to provide data connectivity across Africa. Known as…
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News
Continued growth of Africa’s FinTechs can unlock greater economic prosperity
Africa is one of the fastest growing FinTech markets with revenue forecasted to grow 13 fold to $65-billion by 2030.…
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News
$1 million Africa Blue Wave initiative to support tech startups in Africa launched
BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) have launched the Africa Blue Wave, a…
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Startups
Visa opens applications for its Africa Fintech Accelerator Program
Payments tech company Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech…
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Blockchain
GoldPesa opens blockchain academy in Nairobi targeting crypto enthusiasts
Blockchain technology company, GoldPesa has opened doors for crypto enthusiasts to its newly opened blockchain academy in Nairobi, Kenya. According…
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News
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
MYDAWA, the Kenyan health-tech startup famous for its e-pharmacy platform has received a US $20 million capital injection from private…
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News
KCB Bank bets on Tap To Pay to deepen uptake of cashless payments in Kenya
Tap To Pay is a concept that Kenyans have not really been accustomed to. As much as customers are gradually…
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News
Visa launches its fintech accelerator program for startups in Africa
Visa on Wednesday announced the launch of the new Africa Fintech Accelerator program for African startups. The program seeks to…
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COLUMNS
Dilip Pal: The Telecommunications Greenfield Conundrum
For most businesses, expansion, especially to a new geographical area is both an exciting but also expensive and nerve-wrecking process.…
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News
Uruguayan fintech firm dLocal receives regulatory approval to operate in Kenya
Uruguayan fintech dLocal on Tuesday announced that the Central Bank of Kenya (CBK) had granted it a payment service license…
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BUSINESS
Winners of the Mastercard Women SME Leaders Awards 2023 Announced
Mastercard has announced the winners of its second edition of the Women SME Leaders Awards. The award celebrates the achievements…
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News
Empowering African SMEs: Cladfy’s innovative approach to accessing capital
Sub-Saharan Africa is currently home to 44 million micro, small, and medium-sized enterprises (SMEs). All of which serve as a…
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News
Equity Mobile app now supports Western Union international money transfers
Equity Bank customers can now send and receive money conveniently through Western Union straight from their phones. The bank announced…
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News
ANNALISA PLACHESI: Why NGOs should embrace the digitisation of payments and collections
Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have…
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Blockchain
Crypto regulation in Africa: What Good Regulation Looks Like
Millions of investors have been drawn to cryptocurrency by the prospect of rising prices. To this end, a growing number…
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News
There is rise in 5G uptake across Africa but 3G remains dominant, GSMA report
The Mobile Economy Sub-Saharan African report by GSMA has brought to the limelight interesting pointers on the state of mobile…
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News
Kenya, Nigeria and SA lead fintech growth in Africa, Mastercard report
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant…
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News
UK telcos now have until December 2023 to remove Huawei 5G equipment from their network
The UK government has outlined plans to ban Chinese manufacturer Huawei from providing 5G equipment to telecommunications providers in the…
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News
American Tower and Airtel Africa announce new communications sites partnership
Airtel Africa has announced that it will use African operations (ATC Africa) communications sites to support its network rollout across…
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CLOUD
Liquid Cloud brings Amazon Web Service Direct Connect to business customers across Africa
Liquid Cloud has announced that it has been approved by Amazon Web Service (AWS) as a Direct Connect Delivery Partner.…
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CYBER SECURITY
Cybersecurity is foundational for an economic recovery that works for all, says Dell
With citizens, governments, and businesses more dependent than ever on digital connectivity, one of the most pressing sectoral issues for…
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CLOUD
RICHARD MUTHUA: Kenya and Africa are ready to join the future of Cloud
It is sometimes too easy for the world to wrongfully assume that Africa lags too far behind the global cloud…
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Interviews
[Interview] Africa is central to our long-term growth strategy, says Visa CEO
AI Kelly is the Chairman and CEO of the global payments firm Visa. He joined Visa in October 2016 as Chief Executive Officer and…
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News
Airtel Kenya buys additional spectrum to boost its 4G network
Kenya’s second largest mobile services provider Airtel has purchased additional spectrum from the Communication Authority to boost its 4G network.…
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News
Safaricom Has The Fastest Internet speeds In Kenya Followed By Airtel, Report
According to a report ranking internet speeds across the country, Safaricom’s internet has the fastest download speeds among the top…
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News
DSA calls on policymakers in Kenya to allocate the entire 6 GHz bandwidth for Wi-Fi use
The Dynamic Spectrum Alliance (DSA) has welcomed the Kenyan government’s decision to designate the lower 6 GHz radio spectrum (5925 –…
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News
CV VC Firm Launches Early-Stage Fund for African Blockchain Startups
Crypto Valley Venture Capital (CV VC) has today announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups…
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News
Google to open its first African product development center in Kenya
Tech giant Google has announced plans to open its first African product development centre in Nairobi, Kenya. This comes months…
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Startups
Kenyan fintech 4G Capital raises $18.5M from Lightrock
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock. …
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CLOUD
There’s an increasing demand for data centers in Africa
As internet penetration in Africa continues to increase, the demand for data centers is also booming. Customers in Africa are…
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News
Standard Chartered Bank opens applications for its 5th cohort of its Women in Tech program
Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program. The program, which…
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BUSINESS
Women Leading Transformation in Africa, says Zuri Foundation CEO Norah Muthoni
Women are now taking the lead in the transformation of Africa as the continent makes tremendous progress driving gender parity. Speaking…
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BUSINESS
Airtel Africa joins UK’s FTSE 100 Index
Airtel Africa Plc is joining UKs FTSE 100 (Financial Times Stock Exchange) index Monday 31 January 2022. FTSE 100 index includes…
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Blockchain
3 trends in Africa’s crypto sector to expect in 2022
For the global cryptocurrency industry, 2021 is likely to be remembered as one of the many years bitcoin broke past…
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News
Irish fintech Pipit Global and Cellulant extend partnership to 12 new African markets
International cash payments platform Pipit Global and Cellulant have extended their partnership agreement to now include eighteen countries in Sub-Saharan…
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COLUMNS
LEON KIPTUM: Kenya’s economy could benefit from fintech growth and innovation
Financial technology (Fintech) has been a key driver of growth in the financial services sector in the face of the…
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Startups
PAC Holdings sets up The Catalyst VC project to invest in African startups
PanAfrican Capital Holdings (PAC Holdings) has set up The Catalyst, a venture capital project, to identify and invest in growth to product-expansion…
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News
Insurance and Asset Management provider Allianz welcomes its global IT provider to Africa
Insurance and asset managers Allianz has launched its Allianz Technology’s activities (AZTA) in Africa to provide IT services exclusively to…
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News
Africell plugs into the Angola Cables network to provide express connectivity for customers
Africell, the fourth mobile operator in Angola, has selected Angola Cables to provide wholesale IP transit and connectivity solutions for…
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News
Africa-focused private equity firm DPI raises $900m to invest in specific companies in Africa
Development Partners International (DPI), a premier investment firm focused on Africa on Monday announced that it has raised $900m in its…
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News
Endeavor Nigeria Scaleup Entrepreneurship Summit 2021 To Be Held On October 21st
Endeavor Nigeria has announced that its 3rd annual scaleup entrepreneurship summit, Catalysing Conversations, will be held on Thursday, 21 October 2021. This…
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CLOUD
Africa Data Centres to build large hyperscale data centres across Africa
Africa’s carrier-neutral co-location data centre provider, Africa Data Centres has announced plans to build large hyperscale data centres throughout Africa,…
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News
78% of SMEs in region’s retail sector are optimistic about the next 12 months, Mastercard
Although different sectors were exposed to and impacted in diverging ways to the extensive changes of the COVID-19 pandemic, SMEs…
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BUSINESS
Creditinfo launches SME blended scorecard in Kenya
Credit information and decision analytics provider Creditinfo Group has launched a scorecard solution in Kenya tailored for small to medium-sized enterprises (SMEs). Through…
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News
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr has signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in…
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News
Amazon Web Services’ re/Start cloud skills training programme kicks off in South Africa
NEDBANK has partnered with Amazon Web Services (AWS) to offer free cloud computing skills development and job training to unemployed…
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CLOUD
[Africa Cloud Review] Simon Ngunjiri: There’s an increasing demand for data centers in Africa
As internet penetration in African continues to increase, the demand for data centers is also booming. Customers in Africa are…
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CLOUD
[Africa Cloud Review] Simon Ngunjiri: Cloud services are transforming Africa’s productive capacity
From banks looking to accelerate the rollout of new applications to startups disrupting entire industries with innovative, cloud-powered models, cloud…
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News
Equity Group Records Strong Quarter One Results
Equity Group has returned strong quarter one results in a challenging environment amidst the multi-faceted Covid-19 crisis of health, economic…
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BUSINESS
Cytonn Investments ventures into insurance business
Cytonn Investments is venturing into the insurance business. The firm has launched its insurance agency arm, the Cytonn Insurance Agency…
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Startups
Five women-led tech startups awarded Ksh.1M by Standard Chartered Women in Tech Incubator
The Standard Chartered Bank has today awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the…
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News
GSMA recognizes Safaricom’s contribution to the mobile industry
Safaricom has today been presented with the “Outstanding Contribution to the Mobile Industry Award” by the GSM Association (GSMA). The Award…
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News
UN launches hunt for startups and enterprises changing the face of food systems
The UN Food Systems Summit has announced a competition to identify startups and SMEs from across the world who are…
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News
Mastercard and Cassava Fintech to collaborate on fintech solutions for Covid-19 response in Africa
Cassava Fintech International (Cassava Fintech) and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa. The…
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News
[Interview] Zahra Baitie-Boateng, Head of Partnership and Programs, Africa’s Business Heroes
Zahra Baitie-Boateng, is the Head of Partnership and Programs, Africa’s Business Heroes, Jack Ma Foundation’s flagship philanthropic program in Africa to support…
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BUSINESS
Equity Bank Registers 51% Balance Sheet Growth
Equity Bank has weathered the COVID-19 disruption to register a 51% growth in its balance sheet with total assets growing…
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News
[Column] Howard Plaatjes: Technology – Decades of Disruption
It’s safe to say that the past 10 years of technology have been stratospheric in the disruption they’ve brought and…
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News
[Column] Tolu Oyekan: How to forge an inclusive economic recovery in Africa
The spread of COVID-19 in many African countries has been more contained and the death toll slightly reduced than some…
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News
Ajua, formerly mSurvey Appoints Huduma Kenya CIO Martin Mirero its New CTO
Integrated Customer Experience Company Ajua, formerly mSurvey has appointed Martin Mirero as its new Chief Technology Officer (CTO). In this…
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Startups
Google to Invest $5 million in Kenyan Start-Ups
American tech giant Google has pledged to invest $10 million in Kenya – about Ksh 1.1 bn – to support…
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COLUMNS
[Column] Alex Owiti: Gaming for social good is a better tool for positive socioeconomic development to the African Youth
Gamification for social good started way back in the day when the young and the old would play together as…
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BUSINESS
WorldRemit announces Africa-focused Entrepreneurship Program in Kenya
WorldRemit, a global digital payments company, has launched an Africa-focused entrepreneurship programme in Kenya. The WorldRemit Entrepreneurs Programme will also be…
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News
Affordable devices a big opportunity in driving 4G migration in Africa
There are significant business opportunities in the mobile broadband space in building an ecosystem of affordable mobile devices to support…
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COLUMNS
[Column] Tonny Tugee: Education and cloud technology in Kenya – the key to a competitive edge
A fundamental building block in ensuring the success of not only a country, but each citizen, is education. Our journey…
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WomenInTech
Visa and She Leads Africa partner to empower female entrepreneurs on the continent
Visa has announced a new partnership with She Leads Africa to connect female entrepreneurs with information and tools they need to…
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News
African banks must embrace mobile payments to unlock new business prospects
African banks must provide mobile payments and other digital services to remain competitive as well as to unlock new business…
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News
Does The Future Of Bitcoin Lie In Africa?
Bitcoin, since its inception in the fintech space, has been very highly regarded in most African countries. While challenges and…
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BUSINESS
East African SMEs accelerate their growth with cloud deployments
SMEs in the East African region are using digital transformation initiatives to increase their competitiveness and ensure they are set…
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Startups
South African fintech startup Ukheshe launches prepaid payments programme with Mastercard and Nedbank
South African fintech startup Ukheshe has launched its Third-Party Processing Services (TPP) in partnership with Mastercard and Nedbank. This latest…
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Startups
South African fintech startup Ukheshe among finalist of Ecobank Fintech Challenge 2020
South Africa’s SMME digital banking platform provider, Ukheshe, is among the finalist in the Ecobank Group’s 2020 Ecobank Fintech Challenge. In its third…
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News
Telecom regulators must work together to address challenges emerging from COVID-19 pandemic, says Huawei’s Catherine Chen
Telecom regulators across many nations and industries must work together to address the shared challenges that have emerged as a…
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News
Huawei conducts 5G technology training for university students in Kenya
Today Huawei Kenya concluded 6 days of 5G training online for over 240 university students from 13 Universities around the…
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