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Elon Musk’s Starlink Cheaper Data Plan for Kenya Jolts Safaricom, Airtel
The Starlink package is likely to usher in stiff competition for Safaricom and Airtel in the data segment.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Orange Energies Opens Digital Platform for Energy Companies
According to the business, the IOT platform addresses the profitability difficulties that African energy producers confront by lowering the risk of non-payment.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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All AI Work is Not Created Equal: Building an Ecosystem That Supports Not Just Jobs, But Employment in East Africa
With the global artificial intelligence market expected to grow to almost $830 billion by 2030, the impact of AI on employment in emerging markets is a topic of growing interest — and concern. Wendy Gonzalez at Sama explores the advantages and disadvantages of different types of AI work, and argues that the industry must build ecosystems that can support not just low-paid, crowdsourced contract jobs, but stable, formal employment if it hopes to generate lasting economic growth in regions like East Africa.
- Categories
- Technology
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Rethinking Credit Scoring: A Pay-As-You-Go Pioneer Explores Innovative Solutions in Africa
The ability to make life-changing purchases — from buying a home to setting up a business — usually relies upon acquiring credit. But as Mansoor Hamayun at Bboxx explains, in many emerging markets, it’s incredibly difficult for the average citizen to obtain a credit score. He explores the obstacles to credit scoring in Africa, and discusses how Pay-As-You-Go financing of solar products — combined with innovative approaches to consumer subsidies — can be leveraged to boost access to credit scores and essential financial services in underserved communities.
- Categories
- Finance
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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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TymeBank Chases $150 Million Funding in Unicorn Run Up
Funds from the raise will fuel expansion into new markets, particularly Indonesia, by year-end, following entries into Vietnam and the Philippines.
- Categories
- Finance, Technology
- Region
- Global
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ThriveAgric Partners with Visa to Expand into Kenya
The hubs, located in Homabay and Busia counties, will serve as learning centres where farmers can gather for training sessions and facilitate the distribution of inputs. The project aims to reach up to 10,000 farmers.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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NOW Money Raises USD $4 Million in New Funding
NOW Money in providing secure digital banking solutions specifically tailored for low-income and migrant workers in the Gulf Cooperation Council (GCC) region, offering accessible financial services to those who often lack basic banking facilities.
- Categories
- Finance, Technology
- Region
- North America
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