Online Taxi firm Bolt enters into food delivery business

Bolt Food

Taxi hailing service Bolt is venturing into the food delivery business in Kenya targeting alternative revenue streams as the market has seen reduced mobility in the wake of Covid-19 restrictions. Bolt advertised the position of Country Manager for its food delivery arm in Kenya signalling the beginning of operations towards the end of the year. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery industry,” read the notice by the firm…

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Gmail, Google Drive, and Google Meet affected by outage

Google Meet Gmail

Thousands of users, mostly in India, parts of the U.S., Australia, Japan, and Malaysia are reporting that they are unable to access the aforementioned Google services including Gmail, Google Drive, and Google Meet. Recently Google Meet added Chromecast support to let you cast your meeting to the company’s Chromecast streaming sticks, Android TV, and smart displays. It is not known if this is the cause. Some users have reported that they are unable to log-in into their Gmail accounts, while others are saying new emails are not showing up in…

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Kenya’s Central Bank Proposes law to combat predatory lending by mobile loan apps

MTN Rwanda

Digital app lending companies operating in Kenya are set up for a shake-up after the country’s central bank proposed new laws to regulate monthly interest rates levied on loans by digital lenders in a bid to stamp out what it deems predatory practices. If approved, digital lenders will require approval from the central bank to increase lending rates or launch new products. The move comes in the wake of mounting concern about the scale of predatory lending given the proliferation of startups offering online, collateral-free loans in Kenya. Unlike traditional…

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Airtel Kenya launches a TV app service to tap into the streaming services market

Airtel Kenya has launched a TV app service to tap into streaming services market

Telecom firm Airtel Kenya has launched a TV app service in the market as it moves to tap the growing demand for movie streaming services and rev up data consumption on its network. The free service dubbed Airtel TV will allow users to watch movies, documentaries, music, and cartoons, seeking a piece in a market dominated by giants Netflix, Amazon, and Showmax– which provide videos on demand. The service will be free for now, a pointer that seeks to earn money from the consumption of data by its subscribers. The…

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Telkom Kenya pulls the plug on merger with Bharti Airtel

Telkom Kenya

Telkom Kenya said on Wednesday it was no longer looking to merge its business with the Kenyan unit of India’s Bharti Airtel, citing challenges of securing the required regulatory approvals for the deal reports Reuters. Bharti Airtel had said in February 2019 its Airtel Networks Kenya unit had agreed to buy Telkom Kenya, the East African nation’s smallest operator in which the state still has a 40% shareholding, after a majority stake was sold in 2007. The deal, whose terms have never been disclosed, would have created a stronger challenger…

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WhatsApp limits message forwading to slow the spread of fake news

WhatsApp

WhatsApp making more changes to slow the spread of fake news between users and that’s why earlier this year it imposed a strict new limit on message forwarding. This feature means users who plan on forwarding a message that has been identified as “highly forwarded” will only be to send it to a single contact at a time. A “highly forwarded” message is defined as media that has been sent through a chain of five or more contacts. This isn’t the first time WhatsApp has introduced a limit like this –…

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Facebook to invest $57 Billion in Africa’s economy in next five years

Facebook’s to invest $57 Billion in Africa’s Economy in next five years

Facebook has released findings from a study conducted by Analysys Mason called The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, that highlights how its investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024). According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the Internet. Facebook’s infrastructure investments and connectivity initiatives include the following: Investing in Infrastructure that supports Internet connectivity Submarine cables – Will enable…

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Tiktok experiences brief outage, launches new Ad Platform amidst calls for ban

Tiktok experiences brief outage, launches new Ad Platform amidst calls for ban

TikTok has had a difficult week, to say the least — and rival Instagram just made it much harder. For a few hours on Thursday afternoon, videos that appeared on TikTok user pages, following feeds, and the For You Page all displayed broken Like totals for some users across the globe. TikTok showed that these videos had zero likes. “Earlier today, some of our users experienced app issues around notifications, the display of likes and view counts, and trouble loading videos on some pages of the app,” TikTok said in…

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Power Panel at DCA WebForum voice their thoughts on impact of COVID-19 SME Financing in Africa

DCA WebForum Series 3 Executive Roundtable The Impact of COVID-19 on SME Financing in Africa

The DCA Group hosted an engaging and insightful Executive Roundtable conversation, with Top Industry and Business Leaders and Representatives of SMEs operating in African countries, as businesses and individuals globally seek solutions for the COVID 19 crisis to innovative ways to achieve their goals. The panel of distinguished speakers exchanged expert insights, practical approaches and good practices on the topic: The real effects on the ground for SME’s; the plans that are being implemented to curb further negative effects on the market; future strategies that organizations can rely on to…

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DStv to add Netflix and Amazon Prime Video on its platforms in a strategic shift

DStv

DStv will add Netflix and Amazon Prime Video to its platforms, in a strategic shift that has seen its parent firm, MultiChoice, sign partnership deals with the giant movie streaming services. Netflix poses a growing competitive threat to MultiChoice and its own streaming service, Showmax, and the partnership move marks a shift in MultiChoice’s strategy from trying to compete with such players to working with them instead. The parent company of DStv and GOtv has been facing competition from movie streaming service and internet providers such as Zuku and Safaricom…

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