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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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Bank of Ghana Revokes Preliminary Approval of 70 Prospective Microfinance Companies
The Bank of Ghana (BoG) has revoked its preliminary approval of 70 prospective microfinance companies and one money lending institution.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Stanford to Launch Entrepreneurship Training Initiative in East Africa
The Stanford Institute for Innovation in Developing Economies (SEED) announced the opening of a research, training and innovation facility in Nairobi, Kenya by June 2016.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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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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How Motorcycles Are Reducing Maternal Deaths in Kenya
The road on the slopes of Mount Elgon is steep and rugged. Trucks and tractors drive maize and vegetables down the mountain to sell in the town of Chwele and other parts of Kenya’s Western Province. Motorcycles are the main mode of transportation and are often used as taxis. Every few minutes one whizzes by carrying a passenger, sometimes even carrying three people at a once.
- Categories
- Health Care, Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Ebay Philanthropist Funds ‘Cryptocomplex’ Cash for Central Banks
Central banks around the world say they want to drive financial inclusion, especially since telecoms operators have provided them with an object lesson in how this can be done with digital money.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Ghana Power Woes Present Vicious Cycle
The ongoing power crisis is posing an even larger health disaster it is not certain if Ghana would be able to deal with.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Unilever and Acumen Announce Investment to Bring Cleaner, More Affordable Cook Stoves to Smallholder Farmers and Plantation Workers in East Africa
Acumen and Unilever announced today they will invest nearly $800,000 to enable BURN Manufacturing to bring its new low-cost, energy-efficient, wood-burning cook stove, the Kuniokoa™, to smallholder and plantation workers in tea estates in Kenya and Tanzania.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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