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Microsoft’s CEO Celebrated the Worldwide Launch of Windows 10 in… Nairobi
Of all the 190 countries where Microsoft’s Windows 10 operating system launched yesterday, Microsoft CEO Satya Nadella chose to spend the day in Kenya. His visit came just days after the conclusion of the US-sponsored Global Entrepreneurship Summit and a state visit by president Barack Obama, where he hailed technology for “changing the way Africa is doing business.”
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Transactions By Digital Wallets Up Three Times Between February and April
Digital wallets, which allow consumers to pay for purchases through devices such as mobile phones, are becoming popular, if an almost three-fold surge in the number of such transactions recorded between February and April this year is any indication.
- Categories
- Technology
- Region
- South Asia
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Startups Grow in Africa, But Ecosystems Need More to Flourish
Obamania has gripped Kenya as the 44th U.S. president lands in Nairobi, the country’s capital, for a visit. From t-shirts, mugs, and caps with Barack Obama’s name and image to “Obama themed ringtones,” (“Yes we can!”) it will not be hard for the U.S. president to find entrepreneurs in Kenya.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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TechLab Wants to Mentor Africa’s 10 Best Financial and Health Tech Companies
African financial tech and health tech companies can improve their businesses through a new program aimed at providing mentorship to the 10 most innovative companies in those sectors.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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FinTech Investments Quadruple: Top Trends to Watch
Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market.
- Categories
- Investing, Technology
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Financing Agribusinesses in Africa: Mobile Money Shows More Viability
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
- Categories
- Technology
- Region
- Sub-Saharan Africa