Month: December 2019

High Tech Solar pumps for underground freshwater

Dianne Jacobs
pump

High-tech solar pumps mapping underground freshwater reservoirs across Africa are collecting data that can help prevent them running dry, the project’s developers said on Tuesday. Manufactured by British social enterprise Futurepump, the solar pumps are being used by thousands of small-scale farmers in 15 African nations, including Kenya and Uganda, as a cleaner, cheaper option to diesel and gasoline-powered ones. The pumps’ sensors record real-time data such as energy usage and pump speed in each location, which is shared with the International Water Management Institute (IWMI) to calculate groundwater extraction…

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Big tech companies accused of Child labor

Dianne Jacobs
Children

Apple, Google, Microsoft, Tesla, and Dell have all been named in a federal lawsuit from parents who say their children were injured or killed in cobalt mines in the Democratic Republic of the Congo, The Guardian first reported. International Rights Advocates , a human rights litigation and advocacy group, filed the suit yesterday in the US District Court for the District of Columbia on behalf of 14 Congolese children and parents, accusing the five major companies named in the suit of “knowingly benefiting from and aiding and abetting the cruel and brutal use of young…

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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 innovation

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

Dianne Jacobs
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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New tax on Digital Markets under new law

Dianne Jacobs
Tax

Kenya will start levying new tax on digital markets under a new law signed by the President early in November. The Finance Act seeks to broaden the Income Tax Act net to include income accruing through a digital market place. The law defines the digital marketplace as “a platform that enables direct interactions between buyers and sellers of goods and services through electronic means.” In addition, a similar change has been made to the VAT Act making digital market services subject to value-added tax. It’s not clear yet who will be affected or how the…

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Spotify new feature encourages listening of Podcasts

Dianne Jacobs
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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Facebook to equip locals with journalistic skills

olivia Craig
Facebook

Internet giant, Facebook is partnering with Kenya’s Aga Khan University (AKU) to equip locals with digital journalistic skills to tell their Kenyan stories. The six months ‘Video Journalism Fellowship’ to be hosted at the AKU’s AKU’s Graduate School of Media and Communications(GSMC),Nairobi with beneficiaries attached to local media houses to sharpen their reporting skills. Speaking at the launch event, GSMC Interim dean Alex Awiti said the AKU-Facebook partnership redefines citizen journalism where Kenyans will tell real-life stories using their smartphones to capture video content. “Mobile journalism is a growing form…

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Drivers and travelers connected via app

MTN Rwanda

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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UTU Technologies raised $500k bridge funding

Dianne Jacobs
UTU Technologies innovation

UTU Technologies, a Kenyan Block chain & AI startup building on the Aeternity block chain, has raised $500, 000 bridge funding. UTU Technologies was among the companies that graduated from the Aeternity Ventures StarFleet Accelerator program that saw the company initial funding. According to Jason Eisen, CEO, UTU, the total funding raised now is $1.3 million. UTU Technologies is the company behind the ride-hailing app, Maramoja. The app uses a Trust Engine to recommend ‘a social favorite driver’ or rides as opposed to existing apps like Uber and Taxify. Speaking to…

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Uber to sell its services to local Indian business

olivia Craig
Uber

Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato,  as the American ride-hailing giant looks to cut its spending globally, three people familiar with the matter told TechCrunch. The deal currently values UberEats’ India business at around $400 million, one of the sources said. As part of the deal, Uber may invest between $150 to $200 million in Zomato and get a sizable stake in the 11-year-old Indian firm, people said. A spokesperson for Uber declined to comment on Saturday.…

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