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The world’s largest chipmaker wants to capture more of the world’s market for its chips, motherboards and other components. Intel is going about that goal with a new program targeted at select geographies. Called platform definition centers, the program provides locally relevant computing solutions, based on Intel technology, of course. The goals of the new program are anything but modest. Bill Siu, general manager of Intel’s recently formed Channe...
Intel Opens Centers for Emerging Markets, by David NeedleNews
The world’s top electric appliances maker yesterday opened a regional office in Nairobi. General Electric international president and CEO (chief executive officer), Nani Beccalli, said the company believes there will be a significant growth in demand for its products in East Africa’s transport, energy and health industries over the next few years. Our new office in Nairobi presents an opportunity for us to be close to our customers, including Kenya Airways, K...
GE Opens Office in Nairobi, By Kaburu MugambiNews
Islamic financial services (IFS) can be viewed as an element of the broad process of financial innovation and diversification of the financial landscape. IFS are continuing to evolve in response to market demand and regulatory developments. Basic Principles of Islamic Finance Islamic finance is broader than interest rate prohibition. The general perception of Islamic finance is that it prohibits the practice of paying and receiving interest. Actually the prohibition i...
A Little-Explored Avenue for Expanding OutreachNews
In an empowerment initiative aimed at rural and other areas of Tanzania where electricity supplies are scarce or absent, Vodacom Tanzania has announced that they are rolling out Vodadukas powered completely by solar energy. ?In places where people like without infrastructure such as electricity and good roads, we believe these mobile solar-powered units will have considerable impact on the standard of living and help create jobs,? says Vodacom Tanzania?s Managing Director. Romeo Kumal...
Vodadukas to be powered by solar energyNews
Developing countries need fair access to world markets to break free of the red tape, corruption and historical shackles that keep them mired in poverty, argues Paul Myners. Countries, like individuals, tend to get richer by making money rather than receiving handouts. But countries need a start. They need the basics. Jeffrey Sachs, the development economist, has a useful image: the poor have to get on to the ladder of development; but the ladder hovers overhead and they ...
Aid will go only so far in helping Africa (Opinion)News
The apparatus which comes as a set comprising an aluminium funnel, a tripod stand, a pot and safety device against reflection of sun rays, has been tested with different kinds of raw foods which were successfully cooked into edible meals. This stove can prepare all manner of food including beans, yam, infact all staple foods consumed in Nigeria can be cooked with this appliance, says Sogunro, adding you can even make eba with it if the required amount of garri and normal quanti...
Solar Stove to the RescueNews
For years credit cards have failed to penetrate developing nations the way they have impacted the rest of the world. This is down to the fact that many merchants and traders in these countries do not accept card payments, only cash or cheques. Conventional card payment processing terminals are expensive and most African merchants simply cannot afford them. However, with the rapid growth of wireless technologies new options to bring electronic transaction authorisation to non-traditional location...
Cheaper mobile phone-based POS could make African credit card sales easier, by Mapara SyedBlog Post
When asked why investment in clean tech (such as solar energy, water purification systems and alternative automotive fuels) is on the upswing, Silicon Valley’s venture capitalists don’t hold back. In today’s New York Times, the answer is generally the same: profit. Furthermore, some leading...
Silicon Valley VC Firms Tap Energy, Water as World’s “Largest Markets”
