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Viewpoint: A Safaricom Split Is a Telco’s Dream and a Fintech Startup’s Nightmare
Talks of splitting up Kenya and East Africa’s dominant telco, Safaricom, previously gathered interest about five years ago when the Kenyan parliament stepped up calls to break the all-conquering telco into two fragments.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa Revenue Dip in Kenya Is Beyond Mobile Money Fee Waivers
While it’s logically a good move putting the health and the wellbeing of people first, this single directive is found to have also caused a significant dip in revenue for Kenya’s dominant mobile money service, M-Pesa, and by extension, the country’s leading telco, Safaricom, took a hit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Microsoft Collaborates With Social Alpha to Accelerate Growth of Healthtech Startups in India
In its continued efforts to support the startup ecosystem in the country, Microsoft has launched a dedicated program for healthtech startups. The program is designed to help startups scale with advanced technology and joint go-to-market support. Microsoft is also collaborating with startup incubator Social Alpha to accelerate the growth of participating startups.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Solar Fridges and Powdered Vaccines: How To Get a COVID-19 Vaccine To the Developing World
UNICEF is building a global network of fridges and cold rooms—the cold chain—to make sure a vaccine stays effective as it’s transported to rural communities off the grid.
- Categories
- Coronavirus, Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- supply chains, vaccines
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After Fintech, Jumia Is Betting on Spinning off Its Logistics Arm To Deliver Profits
When it first launched in Nigeria in 2012, Jumia quickly realized just how much work was needed to build a logistics service that could enable its e-commerce ambitions across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Mobile Money Adoption Within IDP Camps in Somalia Provides Unlikely Blueprint for Navigating COVID Pandemic
Internally displaced people’s (IDP) camps are relying upon Somalia’s intricate mobile money infrastructure to navigate the COVID-19 pandemic. Accelerating the adoption of mobile money by IDPs across Somalia has been shown to be effective in mitigating the risk of the COVID-19 spreading while providing rapid fund delivery.
- Categories
- Coronavirus, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: COVID-19 and the Future of Work in Africa’s Mobile Industry – What the Experts Say
In 2019, the GSMA conducted research on Powering Youth Employment through the Mobile Industry in Sub-Saharan Africa by 2025. Since then, the world’s employment market has experienced unprecedented uncertainties because of COVID-19.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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How Future Africa Invested $1 Million Across 9 African Startups in Q3 2020
Future Africa, a platform that provides capital, coaching, and community for African innovators, just announced that it invested a total of $1 million in nine African startups in the third quarter of this year.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, impact investing, startups
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