Airtel Malawi plc intends to apply for admission to the stock exchange

Airtel Malawi plc intends to apply for admission of its ordinary shares to trading on the main market of Malawi Stock Exchange

Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced the intention to undertake an initial public offering of its local business, Airtel Malawi plc. Airtel Malawi plc intends to apply for admission of its ordinary shares to trading on the main market of Malawi Stock Exchange. The indicative price range in respect of the Offer, as well as the exact number of Shares to be sold in the Offer, will be determined in due course. The Subsidiary will…

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Increased access pushes for mobile penetration

MTN Zambia

Increased access to mobile network signals and exciting product offers by operators continue to drive consumers to own more than one SIM card to take advantage of the diverse services, a report by the Communications Authority of Kenya (CA) shows. The Sector Statistics Report covering July-September 2019 shows mobile subscriptions are on the upward trajectory standing at 53.2 million, and in effect, pushing the mobile penetration in the country to 11.2 per cent. In the recent years, the Authority has also continued to put in place interventions to enhance access…

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The Internet and Mobile taking over the delivery space

Food

For the longest time, restaurants held takeaways as an afterthought. Well, not anymore. The food catering business has gone past the takeout era and has evolved so much that delivery has become the hot trend in Kenya. The great digital revolution, burgeoning e-commerce and the convenience of mobile money which allows buyers to pay for their deliveries right off their phones, has spurred a whole new industry that is today the food delivery market. And Kenyans, enticed by the convenience of ordering online from their favorite local restaurants and having…

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Mali based insurtech startup OKO Finance helps rural farmers access crop insurance

Mali based insurtech startup OKO Finance helps rural farmers access crop insurance

Malian insurtech startup OKO Finance has helped many rural farmers to access crop insurance for the first time ever. Founded in 2017, OKO develops affordable mobile-based crop insurance products to provide smallholder farmers with the financial security they need, regardless of unstable climate trends. CEO Simon Schwall, spoke to ITBusinessDirect about their plans and activites, here is the conversation What is the story behind OKO Finance? Before starting OKO I worked for a very successful micro-insurance provider called BIMA. I was their local CEO in Papua New Guinea and Fiji…

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How Technology can be used to ensure safety

AI

The role of technology in addressing some of the most pressing challenges in the world cannot be understated. Public-private cooperation will play a pivotal role in creating an enabling environment for this to come to fruition. Uber hosted the Tech for Safety summit in Nairobi to deliberate with entrepreneurs, businesses, the government and the private sector on how to tap technology to address challenging personal safety concerns, including safety within communities, road safety, or the safety of individuals using online platforms. During the summit, keynote speaker Philip Thigo, a tech,…

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Spotify new feature encourages listening of Podcasts

Spotify

Early this year, Spotify acquired Gimlet Media, a podcast network and producer which hosts shows like Startup, Homecoming, Mogul, The Pitch, Reply All, The Cut, Science VS and Anchor which was a DIY podcasting startup that provides a set of tools that make it super easy for anyone(beginner and Pro) to create and monetize their own podcasts and for free for reportedly $300 million. Spotify also acquired Parcast, a producer for crime, mystery and sci-fi podcasts for $100m. The audio streaming giant also partnered with BBC Studios and P&G to create more podcasts.…

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Drivers and travelers connected via app

MTN Zambia

After completing their university studies in computer science, classmates Ngugi Waithima and Denis Kiprono looked for jobs in vain. In June, the two former students of computer science at Mount Kenya University met in a Nairobi office in a job-hunting mission. Later over a cup of tea, they discussed their challenges in search of non-existent jobs. Their talk shifted to escalating traffic jams in Nairobi and the problems people face when travelling over the festive season. It’s from their traffic discussion that they hit some sort of Eureka moment. They…

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Airtel and Telkom merger approved

CAK

Kenya’s telecommunication sector is set to become a duopoly after Airtel and Telkom Kenya received approval from the Competition Authority of Kenya (CAK) to merge their businesses. The firms however have to wait for approval from the Communications Authority of Kenya (CAK), which might take awhile as the industry regulator is currently facing a leadership crisis following nullification of the board of directors appointed earlier this year.The merged operator, which will be renamed Airtel-Telkom, will now battle it out with Safaricom once the transaction is concluded. CAK yesterday gave the…

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Google Maps gets new features on iPhone and Android

Google Maps

Google Maps has announced a major upgrade to its popular service on both Apple and Android. Google Maps users are getting some vital extra features which could make them feel much more at ease when using the hugely popular service. Google has just announced two bonus upgrades which will be available on both Apple and Android devices and they are well worth your attention. The US technology giant says this update to its Maps app will bring Incognito Mode to iPhone users and Android fans are also getting something called Bulk…

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Instagram’s move on hiding “likes” visibility

Instagram's

There has been some controversy surrounding Instagram’s new effort to focus on users’ mental health. The need to paint a picture of perfection on social media is becoming more and more important to users, and Instagram wants to help stop that. But is that the company’s only motive? Instagram CEO Adam Mosseri announced that the platform would begin hiding likes for U.S. users earlier this year. In November, he explained that the idea behind it was to “depressurize Instagram and make it less of a competition and give people more space to…

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