A world of new possibilities from Mobile apps to the blind and visually impaired

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Ask anyone who was around before smartphones, and they’ll tell you life was different. But for Nutsiri “Earth” Kidkul, who went blind eight years ago, life-changing doesn’t begin to describe the impact of mobile apps. Before specialized apps came along, Kidkul would have to plan and prepare much more for basic tasks like grocery shopping, traveling or reading documents. What’s more, Kidkul often needed assistance from other people to go about her day. “I was always at the mercy of their time or schedule,” Kidkul says. Kidkul uses, for example,…

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Capital Market’s Authority Launches regulatory sandbox for Kenya’s startups to develop inTech products

Kenya’s Capital Market’s Authority announced plans last year to set up a regulatory sandbox for startups to join and develop their FinTech products and they have started accepting applications to the sandbox. Apply for the CMA Regulatory Sandbox for a 12-month period to deploy & conduct live tests on innovative products, solutions & services that have the potential to broaden the Kenyan capital markets. Eligibility https://t.co/mqDeIgZzcT | Application process https://t.co/v3sTqdjT1p pic.twitter.com/XeZ1F8QWJf — Capital Markets Authority_Kenya (@CMAKenya) June 6, 2019 First regulatory sandboxes have been implemented around the world in at…

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Global payments firm Adyen partners with Cellulant to onboard M-PESA on Netflix, eBay, Airbnb, Facebook

Cellulant has announced a partnership with Adyen – a global payment company, further increasing Adyen’s capability to offer its global merchants access to key local payment methods in major African markets. The deal will see Ayden, which replaced PayPal on eBay, bring mobile money platforms such as M-PESA, Airtel Money, Equitel, Tigo Pesa and MTN Mobile Money, as well as several online and mobile banking payment methods to eBay, Facebook, Airbnb, Spotify, Uber and Netflix. Adyen will have access to 40 mobile money operators, over 600 local & international merchants and over 120 banks in…

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EurAfrican Forum 2019: Chef Elijah Amoo Addo Confirmed To Address About How Food Can Foster Stronger Relations Between Europe And Africa

Chef Elijah Amoo Addo Confirmed To Address About How Food Can Foster Stronger Relations Between Europe And Africa EurAfrican Forum 2019

CASCAIS, May 31, 2019, The EurAfrican Forum organization announced today that chef Elijah Amoo Addo, founder and CEO of the Food for All Africa, will deliver a pitch about how food can be a link between people and regions to establish stronger relations for Europe and Africa on the first day of the event, July 4, at the Forum’s lunch. “The EurAfrican Forum is a major platform which addresses the realities of Europe’s influence on Africa and the need for Europeans to work with youth led African organizations and entrepreneurs…

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Vodacom and Safaricom in a bid to buy M-Pesa brand from parent company Vodafone

Vodacom

Vodacom and Safaricom are in the process of buying the M-Pesa brand from parent company Vodafone, in a deal reportedly worth over R190 million. Vodacom mentioned the deal in its recent full year results announcement, saying it expected the acquisition of the popular mobile money service to “further accelerate our mobile money growth plans in Africa”. Vodacom group CEO Shameel Joosub confirmed the plans in an interview with ITWeb, saying Vodacom, through a joint agreement with Safaricom, has done a deal with Vodafone to “take over M-Pesa completely”. “So, Safaricom…

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Koko Energy firm Launches ethanol burners to be refuelled using Smart ATMs

Koko Energy firm Launches ethanol burners to be refuelled using Smart ATMs

Energy solutions firm Koko Networks has unveiled a two-burner ethanol stove for low-income households as it seeks a piece of the cooking gas business. The specially-designed cookers will retail at Sh7,000 and come with a refillable smart canister with a capacity of 2.3 litres that dock with KOKOpoints, which then dispense fuel they have pre-purchased by topping up their KOKO accounts with M-PESA. They then take their smart canister home to dock into their KOKO Cooker, a modern, high-power 2-burner ethanol stove that delivers affordable cooking energy, safely and conveniently.…

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Facebook looking to launch own crypto-currency in 2020

By AGENCE FRANCE PRESSE, LONDON, United Kingdom, May 24 – Facebook has been in contact with US and British financial regulators with a view to launching its own crypto-currency next year, the BBC reported on Friday. “GlobalCoin” would work with a new digital payments system in about a dozen countries, starting in the first quarter of 2020, the broadcaster said on its website. Previous reports have said Facebook is taking a serious look at blockchain technology under its “Project Libra”, in part to tackle doubts about privacy among its many…

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Google cuts ties with Huawei, to stop licensing its Android OS to the Chinese phone maker

Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world. Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates provided by Google, a Google spokesperson said, confirming earlier reporting by Reuters. “We are complying…

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Microsoft opens first Africa Development Centres in Nairobi and Lagos

It was almost three decades ago that Microsoft opened its first offices in Africa. In this time, they witnessed incredible growth on the continent – more internet connectivity, more digital capability and more innovation. Africans have expanded the applications of technology, changing the way communities bank, farm and even access healthcare. As the next step on Microsoft’s journey in Africa, and to better understand a continent rapidly adopting technology in the cloud, and at the edge, Microsoft launched its first Africa Development Centre (ADC). With two initial sites in Nairobi,…

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Ethiopians in diaspora allowed to invest in banking, insurance sectors after a precedence setting court victory in 2017 by Sophia Bekele

“Sophia took up the gauntlet and headed to the court to vindicate her right” The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, will soon introduce a new regulation that will allow Ethiopians in the diaspora to invest in the financial sector that includes banking, insurance and micro finance. The Council of Ministers during its extraordinary meeting approved the Draft Banking Business Proclamation, allowing Diaspora citizens to establish banks in Ethiopia. This was indicated by Yinager Desse (PhD), Governor of NBE,…

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