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NCBA Visa cardholders have a chance to experience The Olympic Games, courtesy of Visa

Diana Mutheu
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0
NCBA Visa cardholders have a chance to experience The Olympic Games, courtesy of Visa

Visa is offering three NCBA Visa cardholders an exclusive opportunity to attend this year’s Olympic Games.

Through the spend and win campaign, the lucky winners and their guests will be sent to Paris to enjoy The Olympic Games, all courtesy of Visa.

This campaign offers current and potential customers the chance to win a grand prize of a fully paid trip, valued at over Kes. 400,000 per winner and their companion, to watch The Olympic Games. Additionally, customers using their NCBA Visa cards can also win NCBA Visa branded merchandise.

Commenting on the partnership, Tirus Mwithiga, Group Director of Retail Banking, said, “We have consistently partnered with Visa, a leader in payment technology solutions, to create unique offerings for our customers. We are excited to collaborate once again to provide bespoke experiences for our NCBA Visa cardholders.”

“The Bank is dedicated to offering products and solutions that add value to our customers, inspiring them to pursue their passions daily. This partnership with Visa aligns perfectly with our customers’ lifestyle spending and their support for our sporting champions who will represent us globally with just a swipe of their Visa cards,” he added.

“As the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, we are delighted to offer Kenyan NCBA Visa cardholders a once-in-a-lifetime chance to experience The Olympic Games. This collaboration with NCBA highlights our commitment to creating unique experiences for customers while promoting inclusivity, innovation, and the spirit of sportsmanship,” said Eva-Ngigi Sarwari, Country Manager, Visa Kenya.

To participate: Customers must use their NCBA Visa cards to make a payment of at least KES. 3,000 or its equivalent in foreign currency, either at a Point of Sale or online, both locally and internationally. Each qualifying transaction will earn the cardholder one entry into the draw. Entries accumulated throughout the week are only valid for that week’s draw. Entries from supplementary cards will be credited to the principal cardholder. The promotion is not available to NCBA staff, their immediate families, business debit and credit cardholders, or prepaid cardholders.

The package for the three winners includes:

  • Three-night accommodation in Paris, including double occupancy and breakfast.
  • Two Olympic event tickets per person.
  • A Paris metro card for transportation from the airport or train station to the events.
  • A Paris activity pass with a choice of three activities from a selection of 33, including Seine River cruises, bike tours, and visits to Paris landmarks, monuments, and museums.
  • A Visa prepaid card loaded with 50 Euros.
  • Branded Paris 2024 gifts.
  • A dedicated on-site hosting team.

The NCBA Visa card offers various lifestyle benefits, and NCBA has further enhanced these benefits for its Gold and Platinum Visa cardholders, who can now access over 1,200 VIP lounges worldwide at a discounted fee of $32 per person, per visit.

ISSF injects $2 million into VentureSouq second fund to support  early-stage startups in Jordan

Milcah Lukhanyu
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0
ISSF injects $2 million into VentureSouq second fund to support  early-stage startups in Jordan

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund manager VentureSouq to support the Jordanian startup ecosystem, especially the fintech sector.

The ISSF is a $98 million fund established in 2017 and registered in Jordan as a private shareholding company, which is committed to facilitating funding for Jordanian early-stage startups. Meanwhile, VentureSouq, founded in 2013 by Sonia Gokhale, Sonia Weymuller, Suneel Gokhale and Tammer Qaddumi, manages thematic funds, with a current investment focus on FinTech and ClimateTech.

ISSF CEO, Mohammed Al Muhtaseb, commented: “We are very proud of our partnership and investment in VentureSouq. VentureSouq has demonstrated a deep belief in the Jordanian ecosystem by investing in local companies. The FinTech sector has been the most active vertical in the MENA region for the past four years, capturing 52% of total MENA VC funding. Jordanian FinTech startups have significant opportunities to thrive in this sector. Partnering with a FinTech-focused fund like VentureSouq within our portfolio presents a strategic opportunity to boost the Jordanian FinTech ecosystem and is aligned with the country’s efforts to develop this sector on a national level, as well as the initiatives from the Central Bank of Jordan in the Fintech space.”

This investment, finalized in June, highlights the ISSF’s ongoing dedication to supporting promising Jordanian startups. The ISSF has mandated that VentureSouq reinvest in Jordanian companies at a multiple of their initial investment, further emphasizing their commitment to the Jordanian ecosystem.

In turn, VentureSouq’s Co-founder and General Partner, Sonia Gokhale, stated: “We believe the Jordan ecosystem is a hub for high-quality talent, a secure and stable breeding ground for early-stage companies and a remarkably accepting market in terms of technology adoption. We are grateful to have partners such as the ISSF who have the same vision and drive as VentureSouq, to propel the regional ecosystem forward.”

Echoing this sentiment, Maan Eshgi, General Partner at VentureSouq, emphasized: “This partnership with the ISSF will significantly enhance our efforts in Jordan and play a crucial role in driving our financial success. More importantly, it brings us closer to our overarching goal of serving as a regional unifier, primarily for our portfolio companies, by providing them with swift access to GCC and global markets.”

South African Biotech start-up Immobazyme secures $1.3m investment to expand its production capabilities

Milcah Lukhanyu
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South African Biotech start-up Immobazyme secures $1.3m investment to expand its production capabilities

South African biotechnology start-up Immobazyme has secured $1,3 million (R24.5m)  bringing its total investment raised to date to R24.5 million.

Founded in 2019 by Dominic Nicholas, Ethan Hunter, and Nicholas Enslin , Immobazyme is a South African biotechnology spin-out company of Stellenbosch University that utilizes precision fermentation to produce high-value active protein ingredients. Its products range from growth factors, a primary ingredient in cell-cultured meat, to enzymes like dextranase, which is used to break down contaminants in sugar.

Dominic Nicholas, CEO of Immobazyme, said: “We are poised to tackle real-world challenges, delivering economic, social, and environmental benefits to the private sector through our technology. With this funding, we can now set our sights on bigger, more ambitious goals. Our immediate focus is on scaling our facility to introduce our products to the global market.”

Recently, the company ventured into the food and beverage industry, with a variety of novel food ingredients created using its precision fermentation platform.

Primary investor Wayne Stocks of the UTF said: “Immobazyme personifies our vision to innovate for purpose and planet. The University Technology Fund actively identifies global game-changing companies to invest in. The company’s enzyme immobilisation platform is unique to the biotechnology industry.”

Anita Nel, chief director of innovation and Commercialisation, Stellenbosch University; and CEO, USE said: “The investment in Immobazyme is another great case study demonstrating that local university technology is an overlooked but very promising asset class.”

The recent investment which is aimed to double the size of Immobazyme facility and expand its production capabilities was led by the University Technology Fund (UTF) and University of Stellenbosch Enterprises (USE).

Africa Data Centres secures ZAR2 billion funding from RMB to bolster cloud computing services in South Africa

Milcah Lukhanyu
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0
Africa Data Centres secures ZAR2 billion funding from RMB to bolster cloud computing services in South Africa

Africa Data Centres , has secured funding aimed to expand data centre capacity and meet the growing demand for cloud computing services in South Africa.

This was facilitated through a bespoke financing solution arranged by RMB. The financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa

“This funding is a significant milestone in the growth of Africa Data Centres,” said Hardy Pemhiwa, President & Group CEO of Cassava Technologies. “It underscores our commitment to growth and our confidence in the future of the South African data centre market. The additional funding will allow us to support the digital transformation journeys of our customers. Data Centres are key to delivering on our vision of a digitally connected future that leaves no African behind”.

RMB acted as the Coordinator, Initial Mandated Lead Arranger and Bookrunner on the ZAR2 billion facility. The facility was structured by RMB taking into account the current strategic objectives of Africa Data Centres.

Africa Data Centres operates a network of hyper scale and edge data centres across Southern, East and West Africa. The R2bn financing will enable Africa Data Centres to accelerate expand its hyperscale data centre capacity by an additional 20MW,  furthering its position as a leading player in the African data centre space enabling ADC to provide the highest standard of interconnected, carrier and cloud-neutral data centre facilities

“The data centre space presents a significant digital infrastructure opportunity, as there is currently a large deficit of supply versus demand. With the exponential growth in demand for data centre capacity in Africa, we are proud to partner with Africa Data Centres as they facilitate digital transformation across the continent.  We see this funding as part of RMB’s mandate of financing the development of a sustainable digital economy in South Africa” says Nana Phiri, head of corporate client group at RMB.

Understanding Programmatic SEO and Its Importance to Your Business

James Musoba
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Understanding Programmatic SEO and Its Importance to Your Business

Programmatic SEO is a more advanced form of digital marketing that can completely change how your business appears online. There has been a big change in how businesses try to improve their search engine ranking in the last few years. 

Businesses can use Programmatic SEO to create online content automatically and on a large scale, focusing on a wide range of keywords and themes. This can greatly improve their chances of ranking high on search engine results pages (SERPs).

Below, we’ll go over in more detail what programmatic SEO is and how it can help your business.

What is Programmatic SEO?

Programmatic SEO is basically a type of automated SEO that uses software or processes to make a lot of SEO-friendly content, pages, or even whole websites that are optimized for different search terms. Businesses can use this method to target long-tail keywords and special topics on a large scale, which would be hard or take a lot of time and resources to do by hand. 

Around 36% of people who search for long-tail keywords end up buying something. In other words, you’ll probably get more sales if you can rank for a long-tail keyword than if you went after a general term. 

Programmatic SEO uses data and algorithms to find trends and chances that can be used to create content that appeals to specific groups of people, or niches. This effectively increases the number of people who see and interact with your site.

Why is Programmatic SEO Vital for Your Business in 2024?

If a business wants to grow and be seen online in 2024, programmatic SEO is no longer a nice-to-have but a must-have in today’s constantly changing digital world. When used, it can have life-changing effects by filling in gaps in the market and growing your audience. 

Take a closer look at these more important benefits of why SEO is important for businesses:

  1. Scalability in Content Creation

Your business can do a lot more SEO work if you use software to automate the content creation process. In other words, you’re not just going after a few high-volume keywords; you’re going after a huge number of long-tail and niche-specific phrases as well. This kind of approach will help you reach more people and meet their specific search needs, which will make it more likely that they will become buyers.

  1. Better Time Management And Efficiency

One of the best things about programmatic SEO is how much time it saves. It can take a lot of time and effort to do keyword research, content planning, and writing by hand. By automating these tasks, your team will have more time to plan and improve other important parts of your digital marketing, like improving the user experience and conversion rates.

  1. Precision Targeting with Data Analytics

Programmatic SEO is based on using complex data and analytics to make smart choices. Businesses can precisely target user queries with this method, not just in high-volume searches but also in niches that aren’t as clear and that rivals might miss. This makes your content more useful to your audience, which could lead to higher engagement rates and establish your brand as an expert in certain fields or themes.

  1. Optimized User Experience with Custom Content

Programmatic SEO doesn’t just make content; it also makes sure that the content is useful to the user’s search criteria. This means giving people who stop on your web pages rich and interesting experiences, which is a key part of increasing stay time and lowering bounce rates. People are more likely to share and link to high-quality, useful content, which will help your SEO even more.

  1. Cost-Effectiveness In Long-Term Planning

Setting up a Programmatic SEO method might seem like a big expense at first. When you look at the long-term benefits, like getting focused traffic all the time, not having to pay for ads and higher organic search results, the ROI becomes clear. By automating regular chores, you also cut down on the number of hours needed to create content, which makes it a cost-effective way to implement a full SEO strategy.

How to Incorporate Programmatic SEO into Your Business?

Programmatic SEO stands out as a strategic way to boost your business’s online exposure and connection in today’s digital-first market. Through a smart mix of automation, data analytics, and creative content strategy, Programmatic SEO makes it possible for your SEO efforts to be very precise and scalable. 

Here’s how to add Programmatic SEO to your business plan without any problems:

Expand Your Knowledge of Your Audience

Knowing your target audience is the most important part of any programmatic SEO plan. It’s important to have a deep knowledge of your audience’s wants, needs, and search habits. To make your content plan work well, you need to look at search trends, conversations on social media, and even customer reviews. 

By making sure your content is relevant to what the user is looking for, you can make sure that your SEO efforts have a deeper impact on the people you want to reach, which will increase interest and conversion rates.

Add Comprehensive Keyword Strategy

Do more than just simple keyword research. Carefully look into the words and sentences that best describe what you’re selling. Focus on long-tail keywords that have less competition and a higher chance of converting by using advanced SEO tools and technologies to find a wide range of keywords. 

This step is very important for finding chances to write content that directly answers specific questions and piques users’ interests, which will set the stage for the success of your content.

Put Quality Content First

Programmatic SEO is where technology meets art. When using technology to create content, it’s important to make sure that the results are not just a lot of content, but also useful content. According to 58% of B2B marketers, effective content marketing helps them make more sales and money.

Each piece of content should stand out for being relevant, useful, and engaging. It should also be fully optimized to meet the strict requirements of search engine algorithms without losing the personal touch that makes readers feel connected. This method builds trust and authority, which makes users more likely to connect and share.

RiderZon, an Equestrian store, created high quality content and increased their sales by over 70%  by bringing quality traffic to their site.

Strengthen the Technical Foundations of SEO

The technical health of your website is what makes your Programmatic SEO plan work. Search engines will easily be able to crawl and scan your site if you have a strong technical SEO framework that includes a site design that is streamlined, fast loading times, mobile flexibility, and smooth navigation. 

Taking care of these technical requirements improves the user experience, which lowers the number of people who leave your site quickly, and it also helps your automated content rank higher in search engines.

Iterative Analytics and Improvement

SEO is always changing, that is why you need to keep an eye on your approach and make changes as needed. You can keep an eye on how well your automated content is doing by using full analytics to track things like traffic, engagement, conversion rates, and search ranks. With these new insights, you can fine-tune your strategy by making changes to your content and strategies to keep up with changing search trends and user behavior. 

This iterative process is necessary to keep and improve the effectiveness of your Programmatic SEO efforts. This will help your business stay ahead of the competition in the digital world.

Conclusion

Programmatic SEO is a revolutionary way to make your business more visible online and get people to interact with it. Programmatic SEO lets you target a bigger range of keywords and user goals by using automation, data analytics, and strategic content creation. This lets you scale your SEO efforts like never before.

If the thought of putting Programmatic SEO into action seems too hard, people can turn to professional digital marketing firms. 

So, businesses that want to do well in the digital age need to adopt programmatic SEO as a matter of strategy, not just as a tactical move.

ICT Sector Allocated $125.3 Million in 2024/2025 Fiscal Year

Diana Mutheu
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ICT Sector Allocated $125.3 Million in 2024/2025 Fiscal Year

The Kenyan government has allocated $125.3 million to the Information, Communication, and Technology (ICT) sector for the fiscal year 2024/2025 which begins on July 1, 2024.

Here’s a breakdown of the allocation:

Disclosing the allocation, Treasury Cabinet Secretary Prof Njuguna Ndung’u highlighted the significance of investments in the digital superhighway and the creative economy, noting their pivotal role in driving the government’s bottom-up economic transformation agenda by enhancing productivity and competitiveness.

He added,”These investments are instrumental in creating employment opportunities for the youth.”

It’s worth noting that Hustler Fund, which has seen $76.8 million in defaults since its inception in 2022, has been allocated $38.4 million for the upcoming year. This represents a nearly 50% reduction from the previous year’s investment of $76.8 million into the fund.

“In transformation of SMEs’ the government allocates Ksh. 5 Billion inclusion to the Hustler fund.”

WhatsApp Enhances Calling Features Across Devices, 32 People Can Video Call

Diana Mutheu
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WhatsApp Enhances Calling Features Across Devices, 32 People Can Video Call

WhatsApp has announced significant upgrades to its calling capabilities, aimed at enhancing user experience across mobile and desktop platforms.

“Since its initial launch of calling functionalities in 2015, WhatsApp has continually evolved its offerings, introducing group calls, video calls, and now expanding to include innovative features designed to enrich communication,” WhatsApp blog noted.

Rolling out over the coming weeks, the updates include:

  1. Screen Sharing with Audio: Users can now share their screens while also transmitting audio, ideal for collaborative activities like watching videos together.
  2. Increased Participants: Video calls can now accommodate up to 32 participants simultaneously across all devices, enabling larger group interactions.
  3. Speaker Spotlight: A new feature highlights the active speaker during calls, making it easier for participants to identify who is speaking at any given moment.

In addition to these new features, WhatsApp stated it remains committed to improving audio and video quality across diverse network conditions.

Recently, the introduction of the MLow codec has bolstered call reliability. Mobile users benefit from enhanced noise and echo cancellation, ensuring clearer conversations even in noisy environments.

Moreover, video calls now support higher resolutions for users with faster internet connections, while audio quality has been optimized for smoother communication, even on older devices or under poor network conditions.

WhatsApp’s noted that it’s continuous efforts reflect its dedication to providing reliable and high-quality communication tools globally.

“These updates aim to meet the growing demand for seamless and effective remote communication solutions in an increasingly interconnected world.”

Esther Kimani wins Africa Prize for Engineering Innovation, takes home £50,000

James Musoba
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Esther Kimani wins Africa Prize for Engineering Innovation, takes home £50,000

Esther Kimani has been named winner of Africa’s biggest engineering prize, the Royal Academy of Engineering’s Africa Prize for Engineering Innovation. Her early crop pest and disease detection device was selected as the winning innovation for its ability to swiftly detect and identify agricultural pests and diseases, reducing crop losses for smallholder farmers by up to 30% while increasing yields by as much as 40%.

Five million smallholder farmers in Kenya lose on average 33% of their crops to pests and diseases. Kimani’s innovation not only provides real-time alerts within five seconds of an infestation, offering tailored intervention suggestions, but also alerts government agricultural officers to the presence of diseases or pests, contributing to broader agricultural management efforts.

The solar-powered tool uses computer vision algorithms and advanced machine learning to detect and identify crop pests, pathogens or diseases, as well as the nature of the infection or infestation. The device then notifies the farmer via SMS. This affordable alternative to traditional detection methods leases for just $3 per month, significantly cheaper than hiring drones or agricultural inspectors.

The annual Africa Prize was founded by the Royal Academy of Engineering in 2014 to support innovators developing sustainable and scalable engineering solutions to local challenges in Africa. This year has seen the Africa Prize alumni community grow to almost 150 entrepreneurs from 23 countries, who together have generated more than 28,000 jobs and benefitted more than 10 million people on the continent through their innovative products and services.

To celebrate the 10th anniversary of the Prize, the Royal Academy of Engineering hosted the Africa Prize Alumni Reunion, bringing together 100 innovators from the past decade for a three-day programme ahead of the final ceremony. This momentous occasion showcased the strength of the community united by the Prize.

Esther said: “My parents would lose up to 40% of their crops each farming season, which affected our standard of living. We are empowering smallholder farmers, many of whom are women, to increase their income. We aim to scale to one million farmers in the next five years.”

Africa Prize Chair of Judges Malcolm Brinded CBE FREng said: “These awards form part of the Royal Academy of Engineering’s investment of over £1 million to African innovators through grants, prizes and accelerator programmes during the tenth anniversary year of the Africa Prize.”

Esther received £50,000 to further develop the device. This is the largest amount awarded to a winner, in honour of the 10th Anniversary of the Prize. The four finalists delivered their final business pitch to the Academy judges and an in-person audience of approximately 700.

The three runners up, who were each awarded £15,000 to develop their innovations, were:  

Eco Tiles, Kevin Maina, Kenya:

  • An environmentally friendly roofing material made from recycled plastic. Stronger and lighter than clay or concrete tiles, the innovation is a dual solution to plastic pollution and high building costs.
  • The innovative manufacturing process involves a custom-made extrusion machine that blends different plastics at varying temperatures, eliminating the need for energy-intensive processes like kiln-burning and reducing carbon emissions. The tiles are enhanced with UV stabilisation chemicals and construction sand to improve durability and sturdiness.

La Ruche Health, Rory Assandey, Côte d’Ivoire:

  • La Ruche Health connects communities to vital health information, advice, and services through “Kiko”, an AI chatbot tool available on WhatsApp and mobile apps, and a digital backend solution to streamline documentation, billing, and data sharing for practitioners.
  • By May 2024, the AI has facilitated over 150,000 user interactions and 189 in-home and teleconsultation appointments, processing over $18,000 in medical billings, illustrating its effectiveness and scalability.

Yo-Waste, Martin Tumusiime, Uganda:

  • Addressing Uganda’s mounting waste crisis, Yo-Waste is a location-based mobile application that connects homes and businesses to independent agents for efficient on-demand rubbish collection and disposal.
  • Yo-Waste currently serves over 1,500 customers including homes, businesses, and waste collection agents, with a goal to reach 20,000 users by 2026.

A separate ‘One to Watch’ award was also awarded to Dr Abubakari Zarouk Imoro on the night for their innovation’s impact on local communities. Voted for by live and online audiences, Dr Imoro receives £5,000, conferred in 2024 in honour of Martin Bruce, a late Ghanaian alumnus of the Africa Prize.

The 2025 Africa Prize for Engineering Innovation, launched at the 2024 final, is now open for entries. The Academy is looking for scalable engineering solutions designed to solve local challenges, and individuals and small teams living and working in sub-Saharan Africa are invited to enter. The deadline for entries is 15 October. Visit the ‘How to Apply’ guide on the Africa Prize website.

The remaining innovations shortlisted for the 2024 Africa Prize were:

  • Beba-Beggie, Charles Oduk, Kenya – An IoT automated locker technology offering affordable, accessible, secure and convenient short-term storage.
  • Biomass Briquettes, Ludo Ntshiwa, Botswana – An environmentally-friendly clean fuel that harnesses the green energy of biowaste to produce a renewable energy source for heat production as a substitute for charcoal.
  • Kiri EV, Christopher Maara, Kenya – An end-to-end affordable and clean energy mobility provider, from electric motorcycles, scooters and tuktuks to battery charging infrastructure across Kenya.
  • MAVUNOLAB Solar Dryer, Dr Evodius Rutta, Tanzania – A low-cost solar-powered dryer developed to help small-scale fish processors and farmers in off-grid locations by enhancing food safety and hygiene for perishable food products.
  • Microfuse Stick Computer, Ivan Karugaba, Uganda – A compact and affordable device that plugs in to any screen, projector or monitor to transform it into a Wi-Fi-connected computer, increasing computer access and digital inclusivity.
  • Myco-Substitutes, Abubakari Zarouk Imoro, Ghana – An eco-friendly sewage treatment that uses viruses, bacteria, and fungi to treat and feed on faecal waste and produce yarn and leather substitutes.
  • PenKeep, Adaeze Akpagbula, Nigeria – A climate-smart remote sensing device that monitors and controls environmental conditions in poultry farms, ensuring optimal health and productivity of chickens.
  • Second-Life Batteries, Léandre Berwa, Rwanda – A solution that repurposes retired electric vehicle (EV) batteries to be assembled as a back-up power supply for telecom towers and mini electricity grids.
  • The Kitchen Box, Tunde Adeyemi, Nigeria – An affordable biogas digester technology which turns any type of organic waste into animal feed and organic fertiliser, and generates clean energy for heating and cooking.

Safaricom with Pezesha target small business owners with new loan product  

Milcah Lukhanyu
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0
Safaricom with Pezesha target small business owners with new loan product  

Safaricom has partnered with Pezesha to launch Mkopo wa Pochi, a new loan product aimed at providing credit to small business owners through their M-PESA business accounts.

Pochi la Biashara is a product that allows business owners such as food vendors, small kiosk owners, boda-boda operators, secondhand clothes dealers, etc., to receive and separate business funds from personal funds on their M-PESA line.

According to Safaricom,Pochi la Biashara is available to Safaricom customers who are already registered to M-PESA on their SIM cards.

With this product,which is already available to Pochi La Biashara customers, enables entrepreneurs to borrow money directly through M-PESA, helping customers separate business funds from personal funds. The product will also allow customers  withdraw funds at an agent directly from Pochi la Biashara account without moving the funds to M-PESA account.

Customers can access the service through the M-PESA app by selecting Pochi La Biashara and choosing the payment option. They then enter the relevant business or till number, account number, amount, and their M-PESA PIN.

Alternatively, users can dial *334#, select Pochi La Biashara, and follow the prompts to complete their transactions.

In the product’s terms and conditions page,Safaricom stated that Pezesha may make a credit assessment after considering information from various sources, including but not limited to a customers business transaction history with Safaricom, mobile money account transaction history, credit information from the Credit Reference Bureau,  history of use of the product and prevailing market conditions.

This feature enhances financial management for small business owners, promoting better business practices and growth.

This partnership between Safaricom and Pezesha marks a significant step towards empowering small businesses in Kenya by providing them with the financial tools they need to thrive.

Ukheshe rebrands to EFT Corporation in a pan-African expansion drive

James Musoba
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0
Ukheshe rebrands to EFT Corporation in a pan-African expansion drive

Ukheshe has officially rebranded to EFT Corporation in a move to consolidate its pioneering digital solutions and expand across Africa and beyond.

EFT Corporation was acquired by Ukheshe in January 2024 and the new entity will continue to operate under the name EFT Corporation Limited to drive growth through continuous innovation and strategic partnerships.

According to Clayton Hayward, Group CEO of the merged companies: “We are incredibly proud of all Ukheshe has achieved. This rebrand marks the beginning of a new era of growth and possibilities for us as EFT Corporation. We look forward to facilitating a seamless and interconnected digital payment landscape that empowers banks and individuals to thrive in the digital economy.”

Since its inception, Ukheshe has onboarded numerous fintechs and major brands, proudly introducing Africa’s first virtual card for WhatsApp transactions, enabling Telkom Pay’s digital payments wallet alongside development of their merchant solution, Telkom mPOS, a mobile POS solution for small businesses.

In 2020, Ukheshe strategically acquired Oltio, the developer behind Masterpass, to democratise digital payments for micro-merchants, evolving the brand to Scan to Pay in 2023. Extending into Africa, Ukheshe provides an innovative BaaS platform in East Africa, through its partnership Diamond Trust Bank (DTB) and empowers users to send money across Africa through MTN’s cross-border money transfer solution.

Ukheshe’s Eclipse API platform enables the development and growth of financial service offerings across Africa and the Middle East. Eclipse exemplifies how Banking-as-a-Service (BaaS) can serve as a mechanism for closing the financial inclusion gap, offering businesses innovative ways to seamlessly integrate financial services.

The transition from Ukheshe’s bold orange to EFT Corporation’s established blue is symbolic of trust, stability, and forward-thinking innovation. This colour shift reflects the company’s dedication to creating a secure and reliable financial ecosystem.

With the rebranding, EFT Corporation is set to enhance its market presence and reaffirm its commitment to driving financial inclusion in key African markets. The new brand identity, encapsulated in the tagline ‘Together we are stronger. Together we are Banking Beyond Tomorrow’, highlights the company’s mission of playing a leading role in the future of digital payments.

EFT Corporation’s inaugural ‘Banking on the Future’ conference in May brought together industry leaders, innovators, and stakeholders to discuss and shape the future of fintech in Africa. Serving as a platform for exchanging ideas and exploring the opportunities and challenges facing the fintech industry, EFT Corporation is driving forward its vision for a digital-first financial ecosystem that empowers businesses and individuals alike.

“Under one identity, we can deliver even greater value to our clients and push the boundaries of what’s possible in the industry,” said Stephen Enderby, Founder and CEO of EFT Corporation. “EFT Corporation’s products and expertise help to make banking innovation simpler. We are excited to continue empowering our customers to create exceptional user experiences and provide innovative, reliable, and comprehensive payment solutions that integrate, automate, and optimise financial systems and operations across all sectors of the economy.”

The group also aims to drive innovation and improve customer experience by developing and deploying technologies such as digital wallets and mobile payments to advanced financial services and switching solutions to address the evolving needs of the market.

THRIVE Global Impact Challenge opens call  for its 2024 cohort

Val Lukhanyu
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0
THRIVE Global Impact Challenge opens call  for its 2024 cohort

THRIVE Global Impact Challenge has opened an application for its 2024 cohort aimed at supporting the transition to a net-zero future for agriculture.

Organized by SVG Ventures  THRIVE Global Impact Challenge is a global search for the most innovative startups that are advancing a more sustainable future for agriculture.

According to SVG Ventures, the urgency of the climate crisis is more apparent than ever, and disruptive innovation is key to creating a more sustainable, prosperous, inclusive, healthy and equitable future.

Aligned with the UN’s Sustainable Development Goals, the Global Impact Challenge is focused on four key themes each one central to supporting the transition to a net-zero future for agriculture.

This year, the program will focus on five key themes that will revolutionize the future of the food system: They include,

 Soil Health & Biodiversity: The program is seeking groundbreaking solutions that champion regenerative agriculture, bio-based pest control, novel crop nutrition, and thriving ecosystems.

 Food Security & Waste Reduction: Feeding a growing population sustainably requires ingenuity, the program is searching for innovative solutions that optimize resource use, promote climate-resilient agriculture, and minimize waste across the food chain.

Reducing & Offsetting GHG Emissions: The THRIVE Challenge seeks disruptive technologies focused on renewable energy, energy efficiency, carbon capture, and sustainable transportation.

 Nutrition & Health: Precision nutrition, cultivated ingredients, rapid food safety testing, and sustainable alternative proteins are all on the menu!

Cleantech: Energy & Water: With escalating water scarcity, innovative CleanTech is crucial. The program is looking for solutions in smart irrigation, water measurement, eco-friendly inputs, bioenergy, and land-use optimization.

Finalists from each theme will advance to the finals and pitch at the THRIVE Global Impact Summit, where the overall winner will be announced.

The winning company will receive the THRIVE Global Impact Challenge Award in addition to a place on THRIVE’s award-winning Global Accelerator Programme, investment of up to US$1 Million from SVG Ventures, and the the opportunity to pitch live at THRIVE Global Impact Summit in Silicon Valley.

Applications are open until July 12.

Ixia Capital, a $20 Million Fund, Launches to Invest in India, Africa and UAE Gaming & Esports Startups

James Musoba
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Ixia Capital, a $20 Million Fund, Launches to Invest in India, Africa and UAE Gaming & Esports Startups

Ixia Capital, a venture capital fund and studio, has launched with an investment of $20 million focused on high-growth companies across gaming, esports, digital assets, and complementary technologies.

The fund has been founded by partners with deep firsthand iGaming industry experience, enabling entrepreneurs to realise innovative ideas, technologies, and transform business models into profitable companies.

Ixia Capital is a global fund with a focus in India, Africa and UAE where the mission is to accelerate development and manage risks to help ventures succeed in specialised fields. The fund is based in the Cayman Islands, while the Ixia Studio is headquartered in the USA. 

Ixia Capital CEO and Venture Partner Mona Motwani, said:

“It’s a proud moment for us to officially launch Ixia Capital. Our mission is partnering with driven entrepreneurs to equip them with resources, expertise, exposure and capital that allow them to build the best ideas into great companies. Through this hands-on approach, Ixia is all about accelerating ideas and mitigating risks.”

Ixia Studio, the venture studio arm of Ixia Capital, is in the process of launching six disruptive projects – FasFas Games, a Sports NFT Trading Exchange, a Gaming Loyalty Reward Platform, Sports Investment Thought Leadership Platform, and a Sports Coverage and Games Engagement App. The role of the Studio is to provide funding, resources, and operational support to help entrepreneurs build and scale companies. 

Mona Motwani was formerly at Sportradar, a global provider of sports betting and sports entertainment products and services. Her experience as the Director – Sports Content & Partnerships, India at Sportradar will see her combine the power of live sports data and video, and analysing fan behaviour to offer personalised, targeted content to engage audiences and grow businesses under it portfolio. Sportradar also gave her experience in custom monetization solutions to rights holders through a combination of advertising, subscription, retail, and sponsorship.

Recently, Sportradar acquired Interact Sport to widen its data offerings to cricket, one of India’s popular sports. InteractSport tools provide insights to cricket federations, help them engage with fans, help them with their administration and competition management.

UAE’s Now Money secures $4 million equity round to scale its operations

Val Lukhanyu
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UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company since its acquisition led by Mark Nutter and Nicolas Andine in 2023.

Founded in 2015 by Ian Dillon and Katharine Budd, NOW Money is a banking and payroll FinTech, dedicated to providing safe and secured digital banking solutions for low-income workers in the Gulf Cooperation Council (GCC) region. It also facialites peer-to-peer (P2P) remittances.

 Nicolas Andine, CEO at NOW Money, said ,“We are thrilled to have secured this investment, which underscores the confidence in NOW Money’s vision and potential positive socio-economic impact.”

He said that the funding will be instrumental in accelerating the company’s growth trajectory, fueling innovation and advancing its mission of financial inclusion. “With the support of our investors, we are poised to make significant strides in expanding our reach and enhancing the accessibility of banking services for low-income individuals in the GCC region.”

NOW Money is known for its innovative and transparent approach to addressing the financial needs of underserved populations. By leveraging cutting-edge technology, the company provides migrant workers with access to essential banking services, including remittances, bill payments, and savings accounts, all through a user-friendly mobile application available in multi language options.

The company also provides in person financial literacy training to show its commitment to driving safe and secured financial education in the region for the most vulnerable.

“We believe in the transformative potential of NOW Money’s innovative approach to financial inclusion,” said a representative from the undisclosed investor. “We are excited to partner with NOW Money on their journey to empower underserved communities with access to essential financial services. This investment reflects our confidence in NOW Money’s ability to drive positive change and create lasting impact.”

PlaySwap enhances virtual gaming by providing a secure online setting.

James Musoba
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PlaySwap enhances virtual gaming by providing a secure online setting.

The online gaming sector is witnessing a significant increase in its popularity. Projections indicate that the global revenue in the Online Games market is anticipated to reach US$27.97 billion by 2024. Furthermore, it is forecasted to maintain a steady annual growth rate (CAGR 2024-2027) of 5.20%, leading to an estimated market volume of US$32.56 billion by 2027.

Singapore-headquartered PlaySwap serves as a ALL-IN-ONE MARKETPLACE for worldwide gamers, facilitating the buying and selling of various gaming assets, including accounts, in-game items, top-ups, services, gift cards, and collectibles, within a secure online framework.

In general, PlaySwap tackles the issues of transparency and security in online gaming trade, offering gamers a safe and competitive platform to trade virtual assets.

Tong Minh Hoang, the founder and CEO of PlaySwap, observed the challenges that troubled the gaming community, particularly in the area of online transactions. He highlighted the prevalence of scams, delays, and uncertainties which often soured the trading experience, leaving gamers feeling cautious and frustrated. Driven by a determination to tackle these issues and contribute to the evolution of digital realms, Mr. Tong shared his vision for PlaySwap.

The Potential of Gaming Industry:

Based on Mr. Tong research and understanding of the gaming landscape, he is optimistic about the future growth of the global gaming industry . He highlighted the significant role played by the pandemic in driving this expansion. With more people seeking relaxation, social interaction, and entertainment during 2-year lockdowns, there has been a notable increase in the number of online gamers. Furthermore, the widespread adoption of 4G connectivity in smartphones has further boosted the popularity of social media games on mobile devices worldwide.

In the coming years, there will be a growing trend of increased gaming activity, driving up the demand for accessories that not only improve performance but also provide customization choices and unique experiences for players. Individuals often seek to showcase their abilities and appearance through distinctive skins and powerful items.

Challenges of Trading Gaming Online:

However, with the growth of gaming accessories market, the market also faces numerous challenges, Mr. Tong said.  One of the most significant issues gamers face is the lack of transparency and security in transactions. Many online platforms lack proper verification and security measures, leaving gamers vulnerable to scams and fraudulent activities. Additionally, delayed payouts and uncertainties surrounding transactions can create frustration and mistrust among gamers. Without a trusted intermediary or platform to facilitate transactions, gamers may find it difficult to navigate the online gaming marketplace safely and effectively.

Indeed, those challenges are precisely the pain points that Mr. Tong and his team sought to address when creating PlaySwap. They understood the frustrations and risks that gamers faced in online transactions, including scams, delayed payouts, and uncertainties. With a deep understanding of these issues, they set out to develop a platform that would provide a secure and transparent environment for gamers to buy, sell, and trade gaming products with confidence. PlaySwap aims to alleviate the challenges of trading in the gaming industry, empowering gamers to engage in transactions safely and effectively.

PlaySwap assures Extra Guarantee with every transaction, ensuring the security of each deal. Sellers benefit from fair commission fees and swift payouts, maximizing their profits. Additionally, gamers have access to 24/7 live support for any assistance they may need.

Besides, PlaySwap is more than just an e-commerce platform. It’s a vibrant community that brings together gamers from around the world, creating a space where they can connect, share their passion, and engage with like-minded individuals. Whether you’re a casual gamer, a serious eSports competitor, or someone looking to turn your gaming skills into a source of income, PlaySwap has something to offer.

Players can now easily access PlaySwap and trade with assurance through its website: https://playswap.gg/. Are you prepared to elevate your gaming journey? Immerse yourself in the realm of PlaySwap today!

The African Development Bank launch new program to provide home-grown solutions to Africa’s debt challenges

Milcah Lukhanyu
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The African Development Bank launch new program to provide home-grown solutions to Africa’s debt challenges

The African Development Bank has launched the African Debt Managers Initiative Network (ADMIN), a new program  aimed to provide home-grown solutions to Africa’s debt challenges.

The inauguration and first peer learning event took place in Addis Ababa under the theme: Developing and Deepening Domestic Debt Markets in Africa.

According to Coulibaly Abdoulaye ,Director African Development Bank, the initiative is aimed at providing tailored and home-grown solutions to the continent’s debt challenges.

He said the network would also strengthen the debt management capacity of African countries’ officials and institutions to rapidly resolve the debt challenges faced by these countries, restore macroeconomic stability and support inclusive growth, as well as promoting the exchange of experiences among debt managers in regional member countries.

African Development Institute Director, Eric Ogunleye, said that the growing financing needs for infrastructure development, poverty reduction, mitigating climate change, and tackling insecurity are driving African countries to increase their borrowing, further increasing debt vulnerability.

He said rising debt vulnerability and weak debt management capacity in many African countries have continued to worsen macroeconomic outcomes and hamper effective policy responses to shocks,  exacerbating debt distress in some countries.

“There is, therefore, a growing need to strengthen debt management capacity in African countries,” Ogunleye told participants.

As of 30 April 2024, of the 38 African countries for which debt sustainability assessment data are available, 13 countries are at high risk of debt distress and 6 are already in debt distress, Ogunleye said. A larger share of African debt is now owed to external bondholders and creditors outside the Paris Club who deal directly with debtor countries; this high-cost debt imposes a significant burden of debt servicing on African countries averaging 18 percent of total government revenue, he explained.

The meeting underscored how developing an African domestic debt market has been identified as a way in which the continent can develop cheaper and more stable sources of debt financing for its many development needs.

Discussions focused on sound debt management frameworks, networking, and peer learning to support the development and deepening of domestic debt markets in Africa to promote debt sustainability.

Former Director of Debt Management at South Africa’s National Treasury, Johan Krynauw, encouraged African countries to work more closely together to promote knowledge-sharing and support each other on debt management issues.

“In recent years, there have been many institutional initiatives from outside the continent to help African countries. The question is always why it did not work, and why we still have public finance and debt management problems today,” Krynauw said.

Africa has reached a stage where it has enough skills, knowledge, and experience to determine what works for its countries.

“Context matters and we need to find solutions to local problems. That was one of the reasons the initiative was created for public debt managers in Africa to work together. The question has always been where African debt managers can work together,” Krynauw said.

Jean Yves Naka, Director of Research and Strategy at the Bourse Régionale des Valeurs Mobilières or BRVM, the regional stock exchange of the West African Monetary Union, underlined the importance of domestic markets.

“Debt vulnerability remains a major challenge for African countries, especially in achieving development goals such as the United Nations Sustainable Development Goals and the African Union’s Agenda 2063 . However, the development of the African domestic debt market is one way to better address the situation,” he said.

The session was attended by debt managers and heads of debt management offices in Africa, capital market operators, commercial bankers, and regulators, including securities and exchange commissions and central banks. They shared practical ways to develop and deepen domestic debt markets on the continent and offered lessons for countries that have either nascent or no domestic debt markets to consider how to develop or deepen them.

ICP Hub Kenya Partners with Kotani Pay for Olympus Accelerator Programme

Val Lukhanyu
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ICP Hub Kenya Partners with Kotani Pay for Olympus Accelerator Programme

ICP Hub Kenya, a pioneering tech hub dedicated to fostering awareness, education, and evangelism of the Internet Computer in East Africa, has partnered with Kotani Pay, a leading on-ramp/off-ramp infrastructure connecting Web3 users to local payment channels across the continent, as part of the Olympus Accelerator Programme. This strategic collaboration marks a significant milestone for both organizations as they join forces to leverage their unique strengths and resources to drive the adoption of blockchain technology and empower aspiring and existing Web3 developers in East Africa. By combining their expertise and networks, the two entities aim to ensure the Olympus Accelerator Programme attains its desired mission, as well as catalyze the growth of the blockchain ecosystem in the region and beyond.

The Olympus Accelerator Programme, stands out as a decentralized global acceleration platform that serves as a beacon for creative developers and innovative blockchain projects seeking to make their mark in the industry. Embracing an open-source ethos, Olympus sets itself apart by championing collaboration and transparency at every turn. By welcoming startups and projects from diverse categories into its fold, the accelerator offers a comprehensive suite of resources, mentorship, and funding aimed at catalyzing their development journey and facilitating their seamless entry into the market.

Through a carefully curated blend of support mechanisms, including access to a network of seasoned mentors, cutting-edge tools and technologies, and strategic financial backing, Olympus empowers its participants to not only navigate the complexities of the blockchain landscape but also to realize their visions and propel their projects to new heights of success and impact. With a firm commitment to fostering innovation and driving industry-wide progress, the Olympus Accelerator Programme stands as a testament to the transformative potential of decentralized collaboration and the boundless possibilities that emerge when creative minds converge in pursuit of a shared mission.

Kotani Pay plays a major role in promoting the success of the Olympus Accelerator Programme as it adds to the wealth of resources and mentorship opportunities that will be made accessible to attendees of this programme. By serving as a partner and mentor in the programme, Kotani Pay can help the next generation of web3 developers leverage the expertise of seasoned mentors, cutting-edge tools and technologies, and strategic financial support while enhancing its on-ramp/off-ramp infrastructure. This partnership offers Kotani Pay the opportunity to accelerate its development, refine its offerings, expand its reach, and establish itself as a leading player in the blockchain and cryptocurrency space, ultimately positioning the company for sustained growth and success in the rapidly evolving digital economy.

In this partnership, ICP Hub Kenya plays a pivotal role in ensuring the success of the Olympus Accelerator Programme by spearheading ecosystem growth and fostering the adoption of the Internet Computer and web3 aggregation strategy within Kenya. As one of the 23 country hubs funded by the DFINITY Foundation, ICP Hub Kenya serves as a critical link between innovative startup projects and the key resources and opportunities available by the Olympus Accelerator Programme. Through its meticulous selection process, ICP Hub Kenya handpicked promising projects that demonstrated the potential for impactful contributions to the blockchain space, ensuring that only the most innovative and high-potential ventures are onboarded to the programme.

Additionally, ICP Hub Kenya is dedicated to providing ongoing support and guidance to these creative minds, ensuring that they have access to the necessary resources, mentorship, and opportunities that will enable them to thrive and succeed within the accelerator programme.

“I am excited to announce our partnership with Kotani Pay for the Olympus Accelerator Programme. This collaboration unites our dedication to empowering creative developers and innovative blockchain projects currently seeking to make their mark in the industry. Participants stand to benefit from cutting-edge technological support, invaluable industry insights, and seamless financial integration, all aimed at accelerating the development and market entry of innovative blockchain projects. Together, we are committed to fostering a thriving ecosystem for blockchain innovation in Africa.” said, Yvonne Kagondu, Co-founder of ICP Hub Kenya.

The Olympus Accelerator’s open-source approach is a world-first in the accelerator landscape, promoting a collaborative environment where participants can contribute to and benefit from shared resources and collective expertise. This approach aligns with the ethos of blockchain technology, emphasizing decentralization, transparency, and community-driven development.

The partnership between ICP Hub Kenya and Kotani Pay represents a significant step forward in accelerating ICP adoption and blockchain innovation in the region. By leveraging the strengths of both organizations, this collaboration aims to drive the development and adoption of advanced blockchain solutions, contributing to the growth of a vibrant and dynamic blockchain ecosystem.

“We are thrilled about this partnership between Kotani Pay and ICP Kenya for the Olympus Accelerator Program as it highlights founders’ invaluable role in shaping emerging industries like Web3. Founders have a unique opportunity to learn from each other, accelerating their growth and driving innovation. This partnership exemplifies our commitment to supporting aspiring entrepreneurs and developers in East Africa, empowering them to harness the transformative potential of blockchain technology. We believe that by sharing knowledge and collaborating, we can pave the way for millions of Africans to participate in the Web3 economy, driving sustainable development and prosperity across the continent.” Felix Macharia, CEO/-co-founder at Kotani Pay.

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Migrating Databases from SQL Server to PostgreSQL

James Musoba
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Migrating Databases from SQL Server to PostgreSQL

Being very popular DBMS, PostgreSQL and SQL Server have a lot of common features and capabilities. They both provide wide range of administrative tools and development frameworks. However, SQL is extremely restrictive in terms of licensing policies and has a large sunk and running cost. In contrast, PostgreSQL is open source database management system with less restrictive licensing. Those benefits have inspired many companies and organizations to migrate from SQL Server to PostgreSQL.

To migrate a database manually from SQL Server to PostgreSQL there are certain steps. First of all, along with their indexes and constraints, table definitions are extracted from the initial database in the form SQL CREATE-statements. Following this, these statements are converted into a destination format before being loaded into the target database. Then, the data is exported from SQL Server stored as a CSV file. Data is then converted into a destination format before being loaded onto the target database. In the form of SQL statements and source code stored procedures, views and triggers are extracted from SQL database. These files and code are then converted into destination format before being loaded onto the target database.

As you can see, this method is very confusing and takes a lot of effort and time. In handling it manually, there is also a risk of data loss due to human error. Hence, it would be advised to use software developed to automate the process of conversion.

For this process, a software company Intelligent Converters operating in this sector of database conversion, migration and synchronization since 2001 has developed the SQL Server to PostgreSQL data migration tool. The converter has a large number of benefits as it is able to provide a high performance due to direct reading and writing of data. This is done by avoiding any middle source for conversion. It also is compatible with any version of PostgreSQL and SQL Server. It can also work with cloud solutions. A command line version is available for automation and scheduling of database conversion. To add, it allows for merging of new databases with the previous PostgreSQL database.

If you are wondering how you can only migrate certain records, luckily that feature is also available with this converter. This tool can be used to filter data via the SELECT queries function. Select particular columns and records or otherwise be able to change the data in advance, before converting your data to a PostgreSQL format. This feature can be made use of in the following ways:

  1. For selecting and renaming individual columns: SELECT fn as FirstName, ln as LastName FROM People
  2. To migrate several tables into a single table:

SELECT * FROM tbl1 JOIN tbl2 ON tbl1.col1 = tbl2.col2

  • To filter records: SELECT * FROM tbl1 WHERE Rank > 300

To edit the column type in the resulting database, the MS SQL to PostgreSQL converter has a specific feature. It is termed as “custom column mapping”. Using this, a dialog window pops up where the NULL-attribute, default value, name and type of any column can be altered. You can select which columns to exclude from the conversion.

In a scenario where remote connection is not possible, the program has an option to export data in the form of a SQL script. For this method, the source database will be exported into a local file with SQL-statements for creating tables (with all indexes and constraints) and to fill them with this data. Following this, the database administrator can load the script file into the PostgreSQL server using any standard client tools.

Mastercard and Wowzi partner to revolutionise financial management for content creators

Milcah Lukhanyu
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Mastercard and Wowzi partner to revolutionise financial management for content creators

Mastercard has  signed a deal with Wowzi, an influencer marketing platform, and Masria Digital Payments (MDP) to provide  innovative digital card solutions for content creators.

The innovative digital cards are aimed to revolutionize the way content creators manage their finances. Content creators will now receive payments from brands, fans, or sponsors, directly onto their digital cards.

Mike Otieno, Co-Founder and President of Wowzi commented “Our journey has always been driven by the belief that content creators are the heartbeat of the digital age. This strategic collaboration with Mastercard and MDP represents a pivotal moment in our mission to empower these creators.

The five-year initiative aims to provide Wowzi’s content creators access to a range of digital card benefits. Leveraging MDP’s expertise in digital payments, these cards are designed to offer content creators a seamless and secure user experience, simplifying both online and offline transactions.

This will facilitate a secure a convenient financial management process, streamlining both online and in-store transactions while granting content creators’ access to exclusive Mastercard rewards and benefits.

According to Otieno,this Innovation is at the core of the company’s values, as they recognize that the influencer and creator market is underserved when it comes to payment solutions.

He added that Wowzi  is dedicated to being at the forefront of technology solutions that cater to the unique needs of content creators. This collaboration allows us to not only address those needs but to set new standards in financial empowerment, security, and convenience for our valued community,”

Content creation has emerged as a significant force which has led to a surge in entrepreneurship and job creation, especially in developing countries in Africa where the youth population is high, and unemployment is a major challenge. A recent study shows that Kenya is among the African countries leading in content creation on YouTube with more than 400 channels each boasting 100,000 subscribers. The number of channels earning over Ksh1 million ($8,783.49) monthly has also improved by 60 percent.

  Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard said, “Our decision to invest in the influencer and content creation space is a testament to our belief in the transformative power of the gig economy. As the world of work continues to evolve, we are inspired by the incredible impact content creators have on global culture and the economy. Our objective is to empower these digital trailblazers with the financial tools and security they need to thrive in the dynamic payments landscape.”

This collaboration introduces a range of unique digital card features like Watch Cards and Ring Cards. These wearable contactless payment solutions offer content creators a blend of convenience, security, and style.

This collaboration with Wowzi and Mastercard signifies our commitment to shaping the financial future for content creators, empowering them with more than just payments, it will be a secure and seamless experience. Our tagline Hello Africa, speaks to our mantra of listening to Africa and with that we walk with our customers into the future. We look forward to growing with Wowzi to create a sticky ecosystem for their end users beyond just cards (Physical and Virtual),” said Frank Molla, Managing Director at MDP Africa.

As the content creation industry grows, so does the need for efficient, secure, and flexible payment solutions that keep pace with the dynamic nature of digital content creation. This initiative represents a significant leap forward in meeting these needs, fostering a more vibrant and sustainable ecosystem for content creators worldwide.

From Analog to Digital: The Evolution of Mobile Phone Technology

Brand Voice
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From Analog to Digital: The Evolution of Mobile Phone Technology

Communication around the world has been a tale of change, a change that has never stopped unfolding. Since the days of using messengers, drums, and smoke signals, then came landlines, and now mobile phones, the world of communication continues to amaze each passing day.

The first telephone network arrived in Kenya in 1908 and had only 18 customers in Mombasa and Nairobi. This was during the colonial period when the use of the telephone was the preserve of the white settlers. It was not until the 1960s that those red telephone booths were installed in major towns in Kenya.

Then things changed, and something called “wireless communication” hit the world through a mobile phone. There is no doubt that mobile phones, in particular smartphones, have become our inseparable companions. However, you might not know that the history of mobile phones goes back to 1908, when a U.S. Patent was issued in Kentucky for a wireless telephone.

Mobile phones were invented as early as the 1940s when engineers working at AT&T developed cells for mobile phone base stations. In 1973, Motorola became the first company to mass-produce the handheld mobile phone. These early phones were called 0G mobile phones or Zero-Generation mobile phones. Most phones today rely on 3G or 4G mobile technology.

These early models were large, heavy, and expensive, primarily serving as status symbols for business professionals. They offered limited functionality, with voice communication as the primary feature. Battery life was short, and the devices required frequent recharging.

The 1990s saw significant advancements in mobile phone technology. Phones became more compact and affordable, making them accessible to a broader audience. The introduction of GSM (Global System for Mobile Communications) standards in 1991 facilitated international roaming and better call quality. Iconic models like the Nokia 3310, released in 2000, became known for their durability and long battery life. Features such as text messaging (SMS) became hugely popular during this era.

Many Kenyans will relate to this era when someone who owned a mobile phone was more popular than the area Assistant Chief. Most of those who owned phones in Kenyan rural areas were teachers, who would walk with them tagged in their waists and often displayed them like they owned the whole world.

Then came the smartphones. The early 2000s marked the beginning of the smartphone era around the world. Devices like the BlackBerry, which featured a full QWERTY keyboard and advanced email capabilities, gained popularity among business users. However, the launch of the Apple iPhone in 2007 revolutionized the industry. The iPhone introduced a touch-sensitive screen, a sleek design, and an intuitive user interface. It combined a phone, an iPod, and an internet communication device into one, setting the standard for future smartphones.

The entry of Samsung Electronics in the smartphone world shifted the smartphone world. For years, Samsung has quietly plugged away at smartphones, dabbling with Palm and Windows Phone and its Java-based quasi-smartphone O.S. before finding its feet with its first round of Galaxy S phones. The Galaxy S II led Samsung to break out in the U.S. Once the Galaxy S III became the “anti-iPhone,” available by the same name on every carrier.

Smartphones became ubiquitous during the 2010s, and their capabilities expanded dramatically. High-resolution cameras, advanced sensors, and powerful processors transformed phones into essential photography, navigation, and entertainment tools. Mobile phone design also evolved, with trends favouring larger screens, thinner bodies, and minimal bezels. Innovations such as fingerprint sensors, facial recognition, and augmented reality (A.R.) started to emerge. When you look at Samsung’s latest devices, such as the Samsung Galaxy S24, you will know where the magic lies.

For instance, Samsung unveiled the Galaxy S24 Ultra, Galaxy S24+, and Galaxy S24 into the Kenyan market in January 2024, unleashing new mobile experiences with Galaxy A.I. and leading the way into a new era that will forever change how mobile devices empower users. Launch of S24 took advantage of Artificial intelligence (A.I.), from enabling barrier-free communication with intelligent text and call translations to maximize creative freedom with Galaxy’s ProVisual Engine to setting a new standard for search that will change how Galaxy users discover the world around them.

As we move further into the 2020s, several trends are shaping the future of mobile phones:

5G Connectivity

The rollout of 5G networks continues to revolutionize mobile communication with faster speeds, lower latency, and greater capacity. 5G will enable new applications in areas such as virtual reality (V.R.), augmented reality (A.R.), and the Internet of Things (IoT). Samsung became among the first to roll out 5G devices, and they have since cemented their presence around the world.

Foldable and Flexible Displays

Foldable phones, like the Samsung Galaxy Fold, are already on the market, offering larger screens in more compact forms. As technology improves, we can expect more durable and versatile flexible displays. In fact, Samsung will be rolling out its second flagship phone that will be both affordable and accessible.

Artificial Intelligence (A.I.) Integration

A.I. is increasingly integrated into smartphones, enhancing everything from camera functionality to personalized user experiences. The beginning is just AI-powered virtual assistants, predictive text, and advanced photo editing. The world is currently at the start of the most exciting and historic moments in technology. The era of mobile A.I. is here—for Samsung, it opened up with the introduction of Galaxy A.I. features on the Galaxy S24 series, our first A.I. phone.

Sustainability

Sustainability is becoming a critical concern. Companies are focusing on reducing electronic waste by designing phones with modular, easily repaired, or upgraded components. Materials are being sourced more responsibly, and there is a push toward recycling and reusing parts.

Enhanced Security Features

Biometric security features will continue to evolve, providing more secure and convenient ways to protect personal data. This includes advancements in facial recognition, fingerprint scanning, and even emerging technologies like vein pattern recognition.

Health and Wellness Integration

Future phones may offer more advanced health monitoring features, including sensors capable of tracking vital signs, stress levels, and other health metrics, integrating seamlessly with healthcare providers for better personal health management.

As technology advances, mobile phones can expect to become even more integral to our daily lives, adapting to our ever-changing needs and addressing global challenges such as sustainability.

inDrive.Freight Expands to additional cities in South Africa to combat youth unemployment

Milcah Lukhanyu
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inDrive.Freight Expands to additional cities in South Africa to combat youth unemployment

inDrive.Freight  is set to expand its operations to additional cities across South Africa  to provide new employment avenues, particularly for the country’s youth, amidst ongoing protests fueled by job shortages.

According to Statistics South Africa, numbers of unemployment continues to rise with figures indicating 7.9 million. Te fourth quarter of 2023 results show that the total number of unemployed youth increased by 87,000 to 4.7 million while there was a decrease of 97,000 in the number of employed youth to 5.9 million.

Vincent Lilane, Business Development Representative in Southern Africa for inDrive said, “We are excited to expand inDrive.Freight to new cities across South Africa, providing innovative employment opportunities for the nation’s youth. Our mission is to empower young drivers with the tools and technology they need to succeed in the freight industry. ”

According to Lilane,this expansion not only addresses the urgent need for jobs but also fosters economic growth and stability by leveraging the talent and adaptability of South Africa’s next generation”

Launched in 2024,inDrive is a global mobility and urban services platform. Besides ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance and courier delivery. In 2023, inDrive launched New Ventures, a venture and M&A arm. 

Since its launch, the platform has seen promising engagement, with over 40% of its drivers falling within the youth demographic .This participation underscores the platform’s impact in involving this vital segment of the population in economic activities.

Further emphasizing the youth’s technological adaptability, data reveals that almost 60% of the deals facilitated through inDrive.Freight have been executed by young drivers. This statistic highlights a generation that is not only ready but also capable of leveraging innovative solutions to build sustainable employment pathways.

The expansion of inDrive.Freight to additional cities in South Africa marks a significant step forward in combating unemployment and promoting economic development.

By focusing on technology-driven solutions and engaging the youth, inDrive.Freight is paving the way for a more inclusive and resilient economy. As the platform continues to grow, it remains dedicated to providing sustainable employment opportunities and driving positive change in the communities it serves.


Currently inDrive operates in 749 cities in 46 countries. Driven by its mission of challenging social injustice, the company is committed to having a positive impact on the lives of one billion people by 2030.

Must-Have Gadgets for Every Electronics Hobbyist

James Musoba
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Must-Have Gadgets for Every Electronics Hobbyist

The world of electronics is both vast and fascinating, offering endless opportunities for learning, creation, and innovation. From building simple circuits to developing complex machines, electronics hobbyists find joy in the challenge and satisfaction of bringing their ideas to life. However, to dive into this electrifying world, one needs the right tools and gadgets. In this article, we explore the must-have gadgets for every electronics hobbyist that not only make projects more manageable but also more fun.

Soldering Station

A soldering station is undoubtedly the cornerstone of any electronics workbench. It allows hobbyists to precisely meld components together, forming enduring connections that breathe life into circuits. A good quality soldering station can dramatically improve project outcomes and is essential for tasks ranging from patching up a broken wire to assembling the heart of a robot.

Oscilloscope

For those looking to delve deeper into the behavior of electronic signals, an oscilloscope is a must-have gadget. It visualizes the actual electric signals as they pass through circuits, allowing hobbyists to observe waveforms in real time. This insight is invaluable for troubleshooting more complex projects and understanding the intricacies of how different components interact. One valuable addition to an oscilloscope is an oscilloscope probe, which can enhance the accuracy and capability of your measurements, providing more depth to your analysis and insights into your electronics projects.

Programmable Power Supply

Having a programmable power supply at your disposal opens up a realm of possibilities. It allows you to provide your projects with precisely controlled voltage and current, essential for testing circuits without risking damage. Adjustable parameters mean you can simulate various conditions to see how your project behaves under different power settings.

Digital Multimeter

The digital multimeter (DMM) is the electronics hobbyist’s best friend. Capable of measuring voltage, current, and resistance, a DMM is indispensable for diagnosing problems and ensuring components are functioning correctly before they’re integrated into a project. A reliable multimeter is key to understanding the heartbeats of electronic circuits.

Prototype Board and Jumper Wires

No hobbyist’s toolkit is complete without a versatile prototype board (breadboard) and a robust selection of jumper wires. These tools are foundational for quickly assembling and experimenting with circuit designs without the need for soldering. They’re crucial for testing out ideas before finalizing a project layout.

Component Organizer

As your passion for electronics grows, so will your collection of components. Keeping resistors, capacitors, ICs, and other tiny parts organized can be a daunting task, but a well-designed component organizer simplifies this challenge. It not only saves time but also prevents the frustration of losing essential parts in the depths of a cluttered workspace.

Advanced Simulation Software

In addition to the hands-on tools, advanced simulation software has become a crucial addition to the electronics hobbyist’s arsenal. This software allows for the virtual testing of circuits, helping to predict how they will perform in real life before any physical components are put to use. Using simulation software can save both time and resources, avoiding potential issues that might not be obvious during the initial design phase.

Smart Component Tester

For quick and efficient identification of electronic components and their values, a smart component tester is an invaluable tool. Whether it’s identifying a capacitor’s capacitance or a resistor’s resistance, these testers significantly speed up the process, making it easier to manage and organize components effectively. They are especially useful in situations where components are unmarked or have become separated from their original documentation.

3D Printer

The advent of affordable 3D printers has revolutionized what’s possible on the electronics workbench. Hobbyists can now design and print custom enclosures, parts, and even circuit boards. A 3D printer empowers creators to bring a higher level of polish and professionalism to their projects, offering the ability to prototype rapidly and test designs with ease.

In the universe of electronics hobbyism, the right gadgets are not just tools; they’re extensions of the hobbyist’s creativity and ingenuity. While this list is far from exhaustive, incorporating these gadgets into your setup will significantly enhance your ability to experiment, innovate, and bring your electrifying ideas to life. Remember, the greatest projects start not just with a spark of inspiration but with the right gadget in hand. Happy tinkering!

Vertiv Launches AI Hub to Empower Data Centers on Their AI Journey

Diana Mutheu
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0

Vertiv, a leading provider of critical digital infrastructure and continuity solutions, has launched an artificial intelligence (AI) Hub to address the growing need for expert information on building AI-ready data centers. As AI use cases proliferate at an unprecedented rate, data centers are facing a knowledge gap in planning and deploying the necessary infrastructure.

The Vertiv AI Hub offers a one-stop shop for partners, customers, and website visitors to access essential resources for navigating the complexities of AI infrastructure. This includes white papers, industry research, tools, and power and cooling portfolios suitable for both retrofitting existing data centers and building new ones (greenfield applications).

According to the firms blog, a key feature of the Hub is a new reference design library showcasing scalable liquid cooling and power infrastructure solutions. This library caters to a wide range of current and future chipsets, with capacities ranging from 10-140kW per rack.

Recognizing the dynamic nature of the AI field, Vertiv emphasizes the Hub’s status as a continuously evolving platform. New content will be added frequently, including an upcoming AI Infrastructure certification program designed specifically for Vertiv partners.

“Vertiv has a history of sharing new to world technology and insights for the data center industry,” said Vertiv Chief Executive Officer (CEO) Giordano (Gio) Albertazzi. “We are committed to providing deep knowledge, the broadest portfolio, and expert guidance to enable our customers to be among the first to deploy energy-efficient AI power and cooling infrastructure for current and future deployments. Our close partnerships with leading chipmakers and innovative data center operators make us uniquely qualified to help our customers and partners on their AI journey.”

The importance of the Vertiv AI Hub is underscored by Sean Graham, research director, datacenters at IDC. “Virtually every industry is exploring opportunities to drive business value through AI, but there are more questions than answers around how to deploy the infrastructure,” said Graham. “A recognized infrastructure provider like Vertiv is valuable to businesses building an AI strategy and looking for a single source for information.”

Canal+ Chief Outlines MultiChoice’s Future After Acquisition

Diana Mutheu
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Canal+ Chief Outlines MultiChoice’s Future After Acquisition

In a major development following Canal+‘s acquisition of MultiChoice Group, Maxime Saada, Chief Executive Officer (CEO) of the French media giant, has outlined a clear vision for the future of MultiChoice’s prominent brands, including DStv and Showmax.

Mr Saada emphasized the importance of maintaining these established brands, stating, “They are very strong brands. What would you do? You know, I would definitely not change the brands.” He acknowledged the global appeal of single-brand competitors like Netflix and Apple, but stressed the value of DStv and Showmax’s brand recognition in their markets.

This strategy aligns with the endorsement received from MultiChoice’s board during a press conference in Cape Town. The companies have also jointly announced a formal offer from Canal+ to acquire the remaining shares in MultiChoice at R125 ($10.67) per share (based on today’s exchange rate), signifying a significant step forward in the takeover process overseen by the Takeover Regulation Panel (TRP).

While discussing brand strategy, Mr Saada highlighted the contrasting operational approaches of the two companies. Canal+ focuses primarily on content distribution, while MultiChoice has diversified into home security, fintech, insurance, and betting. Saada acknowledged the potential of MultiChoice’s broader strategy, but expressed some reservations.

To solidify its position within MultiChoice, Canal+ has steadily increased its ownership stake from 35% to 40.8% through open-market purchases. A full acquisition would require an investment exceeding R30 billion ($2.5 billion). Importantly, surpassing 50% ownership would trigger scrutiny from the Competition Commission due to potential market dominance concerns.

MultiChoice has addressed shareholder anxieties regarding exceeding the 50% threshold. The company clarified that such a scenario wouldn’t necessitate a formal merger review, as ownership above 50% would constitute a merger under the Competition Act, requiring prior approval from the Competition Tribunal. MultiChoice expects Canal+ to maintain its ownership below this critical level.

Epson Revolutionizes Classrooms with Advanced Tech Solutions for Education

James Musoba
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Epson Revolutionizes Classrooms with Advanced Tech Solutions for Education

Epson has launched a new range of advanced projectors and printing solutions tailored to meet the dynamic needs of modern classrooms, offering vibrant, clear projections that captivate students and foster a more engaging learning environment.

Announced during the prestigious Enjovu eLearning Conference last week in Nairobi, Kenya, Epson said its pioneering the integration of cutting-edge technology in educational settings, emphasizing its commitment to enhancing e-learning through innovative teaching tools.

The company’s technology supports a variety of multimedia content and connectivity options, crucial for schools looking to implement effective e-learning strategies. Epson’s dedication to education extends to the development of eco-friendly and cost-efficient products, which significantly reduce both the environmental impact and operational costs for educational institutions, making technology more accessible and sustainable.

Enjovu eLearning Conference aimed to promote the development of ICT-based and blended learning programs in the region. It provided a platform for over 250 educators, administrators, researchers, experts, policymakers, and practitioners from Uganda, Kenya, Rwanda, and Tanzania to build and strengthen relationships, furthering educational goals in the region.

For Mukesh Bector, Epson Regional Head for East and West Africa “Epson envisions creating the “classroom of the future” where technology plays a pivotal role in boosting student engagement, ensuring equitable learning opportunities, and enabling remote participation. This vision addresses the challenge of geographical barriers, allowing teachers to reach learners in various locations seamlessly, ensuring a comprehensive educational experience for all students.”

In the realm of e-learning, Epson’s projectors are indispensable for displaying large, clear images and videos, significantly enhancing students’ understanding and retention of complex concepts. Equipped with interactive features, these projectors can transform any surface into a touchscreen, creating a highly interactive learning environment. This is particularly beneficial in hybrid learning settings, where education needs to be delivered to a broader audience both effectively and economically.

Epson highlighted several projector models at the conference, for instance the ED L530U which can project images up to 500 inches, ensuring that all students, regardless of their position in the classroom, have a clear view. The interactivity feature allows students, whether physically present or joining remotely, to actively participate in lessons.

With over 48 years of experience in the sector, Epson continues to lead with innovations that address the evolving needs of educational institutions. As the number one projector manufacturer globally since 2001, Epson’s commitment to developing technology that is easy to use, interactive, reliable, connected, and energy-efficient stands out in the industry. These efforts ensure that their products are not only cutting-edge but also align with the core needs of educational environments, promoting inclusivity and collaboration while being cost-effective.

Resilient Internet Infrastructure Needed for Africa to ScaleUP

Partner Content
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Resilient Internet Infrastructure Needed for Africa to ScaleUP

Eric Osiakwan

A series of submarine fiber cable cuts this year have called into question the resilience of Africa’s internet infrastructure and its ability to serve the tech ventures as they scale up their operations across the continent. The current generation of tech founders are building applications that rely on the network layer so it needs to be resilient even though it has redundancy built into it – as I indicated on this panel discussion on Africa’s internet resources that focused on the internet issues in Ghana. It is important to underscore that these disruptions are necessary to allow us to build the necessary resilience now so the expanding tech ventures have a solid base to build upon.

The first incident took place on 24th February 2024 when Seacom, a submarine fiber cable on the east and south coast of Africa suffered a disruption to its connectivity services because of breakage on a segment of its cable on the bottom of the red sea.  The TGN-EA, EIG and AAE-1 submarine cables were also affected by the incident.[1] On the 14th of March 2024, a massive second Internet outage in West and Central Africa was due to cuts to four submarine fiber cables namely, WACS, MainOne, SAT3, ACE, off the coast of Abidjan, Cote d’Ivoire.[2] The affected countries included Benin, Burkina Faso, Cameroon, Cote d’Ivoire, Gabon, Gambia, Ghana, Guinea, Lesotho, Liberia, Namibia, Niger, Nigeria, South Africa, and Togo.[3] The third incident occurred on 12th May 2024, when the 10,000 kilometer cable, EASSy, and the 17,000 kilometer cable Seacom both showed faults, cutting all submarine fiber capacity which affected Tanzania, Kenya, Rwanda, Uganda, Malawi, Mozambique, and Madagascar.[4]

The impact of these outages was significant because multiple cables were affected at the same time in the absence of resilience. This is in contrast with previous incidents where different cables where affected at different times – in these instances the other cables served as redundancy so the effects were not largely felt.

From 2001 till 2024, twenty-five subsea cables have been built around the continent of Africa as per the map below from Many Possibilities – these cables were built with redundancy in mind to ensure that if one cable experiences disruptions the others could take over the traffic until repairs could be made.[5] Over the years, some of these cables have been cut or experienced disruptions but due to the built-in redundancy, in most cases the outages were not felt. However, the recent cuts and disruptions to multiple cables at the same time has had a more significant impact suggesting that a different approach may be needed. For example, this map shows the four submarine cables converging along the coast of Cote d’Ivoire that were all simultaneously damaged because of a single rockslide causing the widespread outage of internet traffic in West Africa.[6] So having multiple undersea cable routes is equally important.

The existing infrastructure needs to be expanded to include a combination of multiple routes submarine and terrestrial fiber, satellites and more locally cached content as well as Internet eXchange Points (IXPs) in the countries and between the countries allowing local Internet connectivity to continue when connections to the outside world are broken. Below is the map of terrestrial fiber connectivity between various African countries and within them as well. Evidence of massive gaps between and within the countries is clear hence internet traffic routing on the continent is lacking. In many instances local traffic is still being routed outside the continent. Hence my call in this op-ed in 2020 for us to focus our efforts more on building terrestrial fiber infrastructure. We also need more transparency in this regard and the work by Stephen Song on an Open Data standard for describing terrestrial fibre networks stands out.[7]

African Terrestrial Fiber Network by NSRC @ https://afterfibre.nsrc.org/#close

For example, DR Congo in Central Africa, could serve as a major nexus for pan-Africa transit because it is perfectly situated to connect East, West, North and Southern Africa. Below is a Liquid Technologies fiber map in DR Congo connecting the main cities of Kinshasa, Inga, Muanda, Kikwit, Kananga, Lubumbashi, etc but more importantly connecting to the neighboring countries of Congo Brazzaville, Angola, Zambia, Tanzania, Rwanda, Burundi, etc. The Namibia to Mozambique via Joburg terrestrial cable that was recently unveiled by the Paratus Group (840km trans Kalahari route) would offer a new alternative for Joburg to Europe traffic avoiding routing via Cape Town and thus minimizing the concentration risk posed by the many land stations there.

On the back of President William Ruto’s state visit to the United States[8], Google, on 23rd May 2024, announced a new fiber project called Umoja that would not only connect several African countries but also provide the first direction connection between Africa and Australia. Umoja would start from Kenya and go to Uganda, Rwanda, DR Congo, Zambia, Zimbabwe and South Africa where it would connect to the Equiano cable through Africa Connect, forming the Google Cloud Region, leveraging the terrestrial fiber infrastructure that Liquid Technologies has built over the years[9], before going through the Indian Ocean to Australia. This is part of the one billion investment commitment Google made to the continent in 2021.[10] On the eve of the visit of President Ruto, 22nd of May 2024, Microsoft also announced a billion-dollar investment together with G24 to build a state-of-the-art green data center to host Microsoft Azure in the East Africa Regions Cloud.[11] This would enable the hosting of local content on the continent and minimize the need to always get such content from outside the continent. Other data centers are being built across the continent by the likes of ONIX, PAIX, Africa Data Centers, etc. – these are part of the  infrastructure needed to increase the resiliency of the connectivity across the continent.

In April 2024, two months after its cable disruption in the Red Sea, Seacom partnered with OneWeb to launched a low-earth orbit (LEO) satellite that will buff up data connectivity in Africa.[12] Starlink retains the top spot as the main satellite internet provider, despite facing regulatory hurdles in some African countries.[13] Other satelitte providers like Intelsat, 03B, etc are also beaming internet signals to the continent.  Although satellite internet does not rely on local base stations or infrastructure, it is not invincible. Last week, satellite internet users also experienced outages due to a serious geomagnetic storm that affected orbital infrastructure.[14]

The African Internet eXchange System (AXIS) which was founded by the Africa Internet Services Providers Association (AfrISPA) and implemented by the AU is growing the Internet fabric by increasing the routing of local traffic on the continent. This has led to the formation of the African IXP Association (AFIX) a group of Internet exchange point operators from across Africa, brought together by a shared need to coordinate and exchange knowledge. According to AFIX, there are currently 55 active IXPs located in 47 cities in 36 countries in Africa with their respective internet peering traffic here.

More terrestrial fiber cables, coupled with diverse cable landing points as well as multiple routes for submarine fiber cables coupled with more satellite, hosting of local content and routing of local traffic locally are needed for the increasing resiliency across Africa.

[1] https://www.benjamindada.com/seacom-cable-damage-red-sea/

[2] https://maritime-executive.com/article/four-more-subsea-cables-disrupted-off-africa

[3] https://venturesafrica.com/industries-heavily-affected-by-the-widespread-internet-disruption-in-africa/?mc_cid=74a17937b8&mc_eid=0af56d67ff

[4] https://kenyanwallstreet.com/internet-disruptions-across-east-africa/

[5] https://manypossibilities.net/2024/01/african-telecommunications-infrastructure-in-2023/

[6] https://www.internetsociety.org/resources/doc/2024/2024-west-africa-submarine-cable-outage-report/

[7] https://pulse.internetsociety.org/blog/mapping-terrestrial-fibre-optic-networks-is-essential-for-measuring-internet-resilience  

[8] https://www.cnbcafrica.com/2024/us-kenya-announce-slew-of-investments-and-plan-on-debt-relief/?mc_cid=f0ec440bef&mc_eid=0af56d67ff

[9] https://liquid.tech/wp-content/uploads/2023/09/LIT-Fibre-Map-Sept23-Global.pdf

[10] https://blog.google/around-the-globe/google-africa/google-for-africa/

[11] https://news.microsoft.com/2024/05/22/microsoft-and-g42-announce-1-billion-comprehensive-digital-ecosystem-initiative-for-kenya/

[12] https://techpoint.africa/2024/04/16/seacom-launches-satellite-service/

[13] https://www.itedgenews.africa/starlinks-in-africa-is-changing-the-game-for-improved-connectivity-and-affordable-access/

[14] https://kenyanwallstreet.com/internet-disruptions-across-east-africa/

How NCBA Visa Cardholders Can Win a Fully Paid Trip to Watch the Olympics Games

Brand Voice
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How NCBA Visa Cardholders Can Win a Fully Paid Trip to Watch the Olympics Games

Visa is giving 3 NCBA Visa cardholders an exclusive experience to be part of this year’s Olympic Games. The spend and win campaign will send the lucky winners and their plus ones to Paris for The Olympic Games, courtesy of Visa.

Through the campaign, current and potential customers stand a chance to win the grand prize of a fully paid trip valued at over Kes. 400,000 for each winner and their companion to watch the Olympics Games. Additionally, customers shopping with their NCBA Visa cards also stand to win NCBA Visa branded merchandise.

Commenting on the partnership, Tirus Mwithiga, Group Director, Retail Banking noted, “Over time, we have partnered with Visa, a world leader in payments technology solutions, to innovate unique solutions for our customers. We are pleased to yet again collaborate with them to provide bespoke experiences to our NCBA Visa card holders.”

“The Bank is committed to providing products, solutions and added value to our customers that speak to their passion points and inspire greatness in them every day. This partnership with Visa is most welcomed as it ties our customers’ lifestyle spending and the love for our sporting champions, who will represent us on the global stage with just a swipe of their Visa cards,” he reiterated.

“As the the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, we are thrilled to provide Kenyan NCBA Visa cardholders a once-in-a-lifetime opportunity to experience The Olympics Games. This collaboration with NCBA underscores our commitment to creating unique experiences for customers, while showcasing our shared values of inclusivity, innovation, and the spirit of sportsmanship.”, Said Eva-Ngigi Sarwari, Country Manager, Visa Kenya

To stand a chance to win:

  • Entries earned from supplementary cards will be deemed to have been earned by the principal cardholder.
  • The promotion is not available to NCBA Staff and their immediate families, business debit and credit cardholders, or prepaid cardholders.

The package for the 3 winners will include:

  • Three-night Paris accommodation, including double occupancy and breakfast.
  • Two Olympic event tickets per person.
  • A Paris metro card for transportation from the airport or train to the events.
  • A Paris activity pass with a choice of three activities – from a choice of 33 – including Seine River cruises, bike tours, and visits to Paris landmarks, monuments, and museums.
  • A Visa prepaid card loaded with 50 Euros.
  • Branded Paris 2024 gift.
  • A dedicated on-site hosting team.

Visa card carries lifestyle benefits, and NCBA has further enhanced its card benefits for its Gold and Platinum Visa cardholders, who will now be able to access over 1,200 VIP lounge access around the world at a discounted fee of $32 per person, per visit.

The Satellites Delivering Internet Across the World, and Why SEACOM is Embracing This Technology

James Musoba
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The Satellites Delivering Internet Across the World, and Why SEACOM is Embracing This Technology

Across the world, internet access remains a problem for certain communities. From the rural mountains of the United States to sparse regions of Africa, traditional infrastructure can’t give every internet user the same standard of service. That’s why the world’s largest companies have embraced satellite internet technology, which could make the internet more accessible for users no matter where they live.

Why Internet Access is Important

The internet has quickly become crucial to the way people work across the world and remains the ultimate hub for information and entertainment. Reliance on internet-based solutions will only become stronger in the future, as services continue to become digitized. Internet access is also widely acknowledged as an important metric of the quality of life for a region.

With internet access comes a lot of things, from convenient services to online entertainment like video-sharing or iGaming websites. With a single search, users can find endless ways to satisfy their interests by pulling up video tutorials or finding roulette games to play, often streamed live for real-time interaction between the host and players. This highlights connectivity as another reason why internet access is important – it enables individuals and communities to share information instantaneously, across vast distances. For developing regions in Africa, increased internet access can connect users to new friends and business associates across the globe.

SEACOM’s Deal With British Internet Provider

Founded in 2009, SEACOM is Africa’s first provider of broadband via submarine cable. Across the world, internet providers rely on subsea cables to more efficiently ferry data across continents. They are the backbone of modern internet infrastructure, which is why SEACOM is one of many companies dedicated to creating links with European and Asian cable systems. As you’d expect, the cables require significant investment to lay and maintain, and Africa’s cables have experienced difficulties as of late.

That is why SEACOM has expanded into low-Earth orbit (LEO) satellites to deliver internet technology. To do so, they have joined forces with Eutelsat OneWeb, the British arm of the sprawling European Eutelsat Group. OneWeb in particular is headquartered in the UK, and the UK government is one of its largest shareholders.

As per the partnership, SEACOM and OneWeb aim to launch constellations of satellites that will orbit above Africa. From that position, they can beam adequate internet services down to communities that don’t enjoy the ground infrastructure of more developed areas. This is far from a novel idea, as SpaceX’s Starlink currently operates the largest internet satellite constellation in orbit. However, according to their availability map, they only cover select regions in Africa. This year, the retail site turned tech giant Amazon also started launching satellites for Project Kuiper, a similar business model.

Unlike Starlink or Project Kuiper, SEACOM and OneWeb are focusing solely on African infrastructure. Having announced the partnership this year, it will likely take a year or longer to start building the constellation in earnest. If successful, it could make the internet more accessible than it has ever been before.

  Infobip launches local numbers and connectivity services to transform the communication landscape in Morocco

Milcah Lukhanyu
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  Infobip launches local numbers and connectivity services to transform the communication landscape in Morocco

Infobip ,  an omnichannel communication company has launched enhanced Voice connectivity services  to transform the communication landscape in Morocco, providing enhanced reliability and connectivity for voice services.

With this initiative , Infobip can now offer local connections with local numbers, significantly increasing call answer rates and reducing call drop-offs. With low latency calls and reliable connections, businesses can now enjoy crystal-clear voice communication, enhancing customer interactions and support services.

Infobip’s Regional Manager, Imane Rifki,said “We are dedicated to continuously improving the communication experiences that businesses across Morocco provide to their clients. We are enablers of high-quality services and conversational experiences in different industries, and the launch of the local Voice connectivity is just one example of our commitment to driving progress.”

Infobip’s new Voice connectivity services are a testament to the company’s dedication to innovation and customer satisfaction.

By addressing common issues such as packet loss and call latency, Infobip is poised to offer superior call quality and stability, ensuring seamless communication experiences for its users.

The introduction of greater Voice connectivity brings several advantages to Infobip’s clients. One of the primary benefits is the availability of local numbers, which boosts the likelihood of calls being answered. Organizations can add privacy features, such as Number Masking which anonymizes private numbers of both parties, adding an extra layer of security

Moreover, Infobip’s Voice services are designed to support various use cases tailored to different industries. For instance, the Call Link feature enables immediate customer support and remote diagnosis via video calls, while automated voice message broadcasts and IVR call flows streamline customer interactions.

These solutions provide contextualized support that goes beyond text-based messaging, offering a more personalized and effective communication experience.

The launch of voice connectivity cements Infobip’s approach in the region. With the widest-reaching network of direct connections, Infobip ensures low latency and reliable call connections regardless of where the calls are routed. This strategic investment solidifies Infobip’s market presence and underscores its commitment to delivering reliable communication solutions.

Infobip’s comprehensive control over voice scenarios through APIs allows customers to tailor call flows to their specific needs, providing unmatched flexibility and customization.

Predefined use cases can be built and deployed in hours enable clients to quickly adopt and implement voice solutions with minimal development effort, making it easier for businesses to integrate advanced communication capabilities into their operations.

Infobip’s focus on easily accessible connections between businesses and users is at the core of its strategy. By understanding the unique needs and goals of its clients, Infobip can develop relevant use cases that deliver tangible value.

The new Voice connectivity services are already operational, and businesses in Morocco can immediately benefit from its advanced features and capabilities. This focus spans across industries such as Banking, Retail, and Telco, where Infobip provides significant value.

As Infobip continues to innovate and expand its offerings, the enhanced Voice connectivity in Morocco represents a significant step forward in enhancing communication infrastructures. By leveraging cutting-edge technology and a customer-centric approach, Infobip is well-positioned to lead the market and set new standards in voice communication.

The unveiling event, held in Casablanca, marked a significant milestone in Infobip’s expansion within the region, reinforcing its commitment to delivering unparalleled communication services to local and international businesses.

Egypt medtech i’SUPPLY secures funding from Disruptech to bolster it’s expansion plans

Milcah Lukhanyu
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Egypt medtech i’SUPPLY secures funding from Disruptech to bolster it’s expansion plans

Egypt-based B2B medtech i‘SUPPLY has secured a pre-Series A round, which brings the company’s total funding to $2.5 million since its inception in 2022.

 The funding round saw participation from several prominent investment funds, including Disruptech Ventures, OneStop Capital, Axian Investment CVC and Egypt Ventures, among others.

Commenting on the latest funding round, Ibrahim Emam, CEO and Co-Founder of i’SUPPLY, stated, “This investment marks a leap forward for us, as it accelerates our growth strategy and revolutionizes our ability to empower small and medium-sized pharmacies. Our sights are set even higher as we strive to obtain a license from the Egyptian Financial Regulatory Authority to meet the evolving financing needs of small and medium-sized pharmacies. Our unwavering commitment to meeting the escalating market demand for funding, addressing working capital shortages among pharmacies and small distributors, remains at the core of our mission.”

Founded in 2022 by Ibrahim Emam, Malek Sultan and Moustafa Zaki, i‘SUPPLY aims to digitise the pharmaceutical business by providing a one-stop-shop solution to quickly predict and overcome supply chain disruptions.Since its launch, the company has achieved an annual transaction volume estimated at EGP 1 billion and processes over one million purchase orders annually.

The company’s integrated network now serves over 10,000 pharmacies and collaborates with more than 200 distribution companies, offering a portfolio of over 10,000 pharmaceutical products. From January to May 2024, i’SUPPLY remarkably saw a fivefold increase in both transactions and revenue compared to the same period in 2023.

Abdel Rahman Mansour, CEO of Egypt Ventures, added, “We are thrilled to partner with i’SUPPLY and support its future expansion plans. We are confident that i’SUPPLY’s innovative and fully digital platform will continue to significantly impact and develop the industry, by enhancing efficiencies and filling in gaps along the entire pharmaceutical supply chain. The team has proven to be highly resourceful and strategic and we believe this will be the key to i’SUPPLY’s success.”

This pre-series A funding round is aimed to bolster i’SUPPLY’s expansion plans and enhance its capabilities in financing small and medium-sized pharmacies upon obtaining the required license. In addition to enhancing the company’s fintech offerings and further advancing technological services to all stakeholders in the pharmaceutical supply chain, from manufacturers and distributors to pharmacies and both private and public hospitals.

In 2022, i‘SUPPLY raised a $1.5 million pre-Seed round, led by Disruptech Ventures among other investors.

UAE-based construction tech Tenderd secures $30 million to expand its global footprint

Milcah Lukhanyu
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UAE-based construction tech Tenderd secures $30 million to expand its global footprint

UAE-based construction tech Tenderd has closed a $30 million Series A funding round, led by A.P. Moller Holding, along with new investors, including Quadri Ventures and Saurya Prakash, and existing investors, including Wa’ed Ventures, Nakhla Ventures, SOMA Capital, and Liquid 2 Ventures also re-invested, reinforcing their continued confidence in Tenderd’s growth. Tenderd’s existing backers include Peter Thiel, Paul Graham, and Y Combinator.

Founded in 2018 by Arjun Mohan, Tenderd provides customers with AI-generated insights to increase asset utilisation and reduce emissions, targeting heavy industries such as construction and logistics. It’s cutting-edge platform transforms data from heavy equipment used in construction, manufacturing, and logistics operations into actionable insights.

Chetan Mehta, Head of Growth Equity at A.P. Moller Holding, said: “Tenderd is a leader within telematics solutions with a platform that offers real-time visibility and insights for heavy equipment across a range of industries. Their solutions enhance operational efficiencies, improve safety, and mitigate carbon emissions. We are excited to be investing in Tenderd and we look forward to contributing to their continued growth.”

 This innovative approach sets a new standard for operational excellence and decarbonization efforts, positioning Tenderd as a leader in the rapidly evolving landscape of industrial operations.

Muhammed Zeeshan Hassan, Chief Investment Officer at Wa’ed Ventures, said: “We are excited to double down on our investment in Tenderd as the company transforms data collection and usage in the construction industry, driving AI-adoption to revolutionize one of the most traditional and challenging industries in the region.”

Saudi Arabia is one of the major markets that Tenderd operates in, highlighting the strategic importance of the region. Turki Al Nowaiser, Managing Partner of Nakhla Ventures, added: “We see tremendous potential in Tenderd as a key player in Saudi Arabia’s infrastructure development.”

The capital infusion will fuel technological innovations and enable Tenderd to further expand its global footprint in its mission to integrate AI with physical operations in the construction, mining, and industrial sectors.

The backing from partners across logistics, ports, energy, construction, and technology underscores the broad applicability of Tenderd’s technology and its unique global position within sector-specific data to develop industry-focused AI models, setting Tenderd apart from general models in driving industry transformation.

Chris James, Managing Partner at Quadri Ventures, said: “We are thrilled about Tenderd’s integrated AI analytics platform. Its versatility and impact for different assets and brands makes it extremely valuable across asset-heavy industries such as construction, energy, logistics, mining, and marine. We look forward to supporting Arjun and the team with Tenderd’s global expansion and helping to contribute to their ongoing growth and success.”

According to Arjun Mohan, CEO of Tenderd, the company will continue to innovate and grow, impacting sectors that have remained unchanged for decades, but which form the pillars of society. Positioned at the intersection of the digital and physical worlds, our technology allows industries to access unparalleled efficiency, safety, and sustainability levels.”

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