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First Medical Technology Incubator Created in India
India is a country known for its rich culture and amazing food, but for a country of more than 1.2 billion individuals, medical technologies are largely neglected. That is what makes InnAccel such a unique startup. It’s the first and currently only medical technology incubator in India.
- Categories
- Health Care, Technology
- Region
- South Asia
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Mobile Payments Ecosystem Comes of Age in India
Although being young with only a dozen mobile wallet players in the field, India's mobile payment ecosystem has witnessed steady growth and a rapid adoption of path-breaking innovations as people started realising the benefits of technology in online payments space in 2015 -- the most popular being the "mobile wallet".
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Sidestepping M-Pesa, BitPesa Partners With Airtel and MTN Money Mobile Wallets
Kenyan based Pan African bitcoin trading platform, BitPesa has partnered with Airtel and MTN Money mobile wallets weeks after Safaricom asked third party integrator Lipisha Consortium to sever ties with BitPesa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In 2016, Intel’s Entire Supply Chain Will Be Conflict-Free
Seven years ago, if you bought a new iPhone or a laptop, you were probably also inadvertently supporting warlords and mass rapists in the Democratic Republic of Congo. The country has some of the world's largest deposits of many of the tiny bits of metal, like tin and tungsten, that make up electronics, and they often came from mines whose profits were used to fund the country's ongoing, devastating civil war. Luckily, that's starting to change.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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Kenya’s Mobile Penetration Hits 88 Percent
According to the quarterly sector statistics report by the Communications Authority of Kenya (CA), the uptake of mobile services by Kenyans continued to grow leading to mobile penetration growing to 88.1per cent with 37.8million subscribers up from 36.1 million in the previous quarter.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Will 2016 Be the Year of FinTech in India?
Has Financial Technology or FinTech finally come of age in India? While, FinTech accounted only for 13.3% of the total funding raised by Indian startups in 2015, the gross investment into it was up 8 times over the equivalent 2014 number of $145.1 million. While that looks amazing at first glance, it has to be noted that m-commerce platform One97 (Paytm) accounted for about 74% of the money raised by FinTech companies this year. Nonetheless, even if one were to exclude this number, Indian FinTech investment has doubled over the 2014 number. India’s FinTech sector has been a far cry from its global peers, accounting only for 6% of the total global FinTech space (by funding), but clearly as the numbers above show, that is changing fairly rapidly.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Mobile Money and Other Kenyan Tech Trends to Watch Out for in 2016
If there is one tech lesson we (hopefully) learned in 2015 is that the average Kenyan knows what they want and will go the extra length to glean the most value at the best possible price. We saw consumers emerge big winners in 2015 at the height of mobile data wars, the digital migration tussle, mobile manufacturers introducing smarter, cheaper smart phones in the market and financial institutions customizing mobile services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Evolko Systems Targets Rural India With New Health Solutions
Sickness is a great equalizer -- it hits the poor and the rich uniformly. While most startups in the healthcare sector have been on a frenzy to tap the urban markets, a San Francisco-based firm has devised a method to successfully cater to the bottom of the pyramid at scale.
- Categories
- Health Care, Technology
- Region
- South Asia
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