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Smaller Players Challenge Telcos for Piece of Kenya’s Mobile Money Market
Kenya’s mobile money transfer market is headed for interesting times, with the latest results from the regulator showing small ‘outlier’ firms eating into the market dominated by the well-established players.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa: Workshop Enhances Use of Mobile Phones to Detect Diseases
Health experts from the African continent and beyond are meeting in Tanzania at a workshop to enhance community-based disease outbreak detection and response in East and Southern Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Safaricom Won’t Let Rivals Share M-Pesa
Safaricom has maintained it will not allow its mobile money platform, M-Pesa, to be spun off from the parent company, citing security risks for subscribers due to lack of clear guidelines and standards on cross-network cash transfers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Microsoft’s CEO Celebrated the Worldwide Launch of Windows 10 in… Nairobi
Of all the 190 countries where Microsoft’s Windows 10 operating system launched yesterday, Microsoft CEO Satya Nadella chose to spend the day in Kenya. His visit came just days after the conclusion of the US-sponsored Global Entrepreneurship Summit and a state visit by president Barack Obama, where he hailed technology for “changing the way Africa is doing business.”
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Transactions By Digital Wallets Up Three Times Between February and April
Digital wallets, which allow consumers to pay for purchases through devices such as mobile phones, are becoming popular, if an almost three-fold surge in the number of such transactions recorded between February and April this year is any indication.
- Categories
- Technology
- Region
- South Asia
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Startups Grow in Africa, But Ecosystems Need More to Flourish
Obamania has gripped Kenya as the 44th U.S. president lands in Nairobi, the country’s capital, for a visit. From t-shirts, mugs, and caps with Barack Obama’s name and image to “Obama themed ringtones,” (“Yes we can!”) it will not be hard for the U.S. president to find entrepreneurs in Kenya.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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TechLab Wants to Mentor Africa’s 10 Best Financial and Health Tech Companies
African financial tech and health tech companies can improve their businesses through a new program aimed at providing mentorship to the 10 most innovative companies in those sectors.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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FinTech Investments Quadruple: Top Trends to Watch
Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market.
- Categories
- Investing, Technology
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