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CEO Today Africa Awards DotConnectAfrica Group with an Esteemed Meritorious Award for Extraordinary Achievement in “Best Digital Education”

September 6, 2022April 27, 2023 Editor

CEO Today Africa Awards DotConnectAfrica Group with an Esteemed Meritorious Award for Extraordinary Achievement in “Best Digital Education”. CEO Today Africa Awards DotConnectAfrica Group with an Esteemed Meritorious Award for Extraordinary Achievement in “Best Digital Education in Africa” The CEO Today features organizations and their CEOs in Africa and across the globe that are doing extraordinary work in different industries. According to the DCA press release, The DCA Academy’s objective is to advance education in information technology in African society with a vision of building a world of well digitally…

African Fintechs collaborate to interlink mobile money and digital assets

April 14, 2021April 28, 2023 Editor

The African Seychelles-based Securities, Commodities and Derivatives Exchange (SECDEX), and KOINON, the global Digital Coin and Token based payment platform, are pleased to announce a collaboration. The collaboration will foster the intersection of African B2C and B2B payments and dynamic asset conversion between fiat currencies, cryptocurrencies and a broader range of digital assets. This initiative comes at a key time in the mobile payments industry growth. As evidenced by Mastercard’s recent $100million investment in Africa’s Airtel which focuses on mobile payments and financial inclusion. latest partnership combines KOINON’s cryptocurrency digital…

Digital WhatsApp Payments for SMEs launched, Pilots in Brazil

June 18, 2020May 25, 2023 Editor

Facebook has launched its WhatsApp payments service in Brazil, enabling people to send money and make purchases from within the chat app. You use it by linking up your WhatsApp account to your Visa or Mastercard credit or debit card. This now adds Facebook as one of the digital payments and mobile money providers like Mpesa WhatsApp began testing P2P payments in India in 2018 but Brazil, where the messaging service has 120 million users, becomes the first country to get a nationwide rollout. Brazil would be the first to…

DCA Digital Academy announces the COVID-19 Universities eHealth Innovation Essay Writing Competition

April 9, 2020 Editor

Almost overnight, remote work has become the new norm, the mainstream. Companies, schools and other institutions around the world are encouraging their staff, students to work from home to prioritize the health and safety of their workforce and communities, from the effects that have resulted from the COVID-19 global pandemic. To help navigate the challenges of studying remotely and be beneficial to the whole global conversation on health and wellness, the DotConnectAfrica (DCA) Digital Academy has announced an essay writing competition for university students to participate and use the special…

Mobile banking dominance may slow down as users opt for digital lending apps

March 13, 2020 olivia Craig

The growing dominance of mobile banking may slow down amid low employment rates and high costs of living which have pushed more Kenyans to rely on digital lending apps to make ends meet, a new report shows. The report by Egyptian investment bank, EFG Hermes, said the surge in digital lending apps has been witnessed over the years as more Kenyans sought to supplement their incomes following a spiral in the cost of living. This is likely to threaten the mobile banking revolution. While more mobile banking and digital loan…

Orange opens new Digital center in Senegal

January 13, 2020 Dianne Jacobs

In Dakar, Senegal, Orange has inaugurated its new concept of a place entirely dedicated to innovation, an “Orange Digital Center”. Several personalities attended the launch, including: Ms Ndèye Tické Ndiaye Diop, Minister for the Digital Economy and Telecommunications; Mr Dame Diop, Minister for Employment, Professional Training and Craftsmanship; Mr Alioune Ndiaye, CEO of Orange Africa and Middle-East; Ms Christine Albanel, Head of CSR, Diversity, Partnerships and Philanthropy for Orange, Deputy Chair of the Orange Foundation and former Minister; and Mr Sékou Dramé, CEO of Sonatel. Following on from Tunisia, Senegal will…

New tax on Digital Markets under new law

December 17, 2019 Dianne Jacobs

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…

Miss.Africa Digital program announces the fourth round winners of its prestigious Africa focused seed fund

November 5, 2019November 6, 2019 Editor

Miss.Africa Digital, a DCA Digital Academy, pioneering Pan-African program of DotConnectAfrica (DCA) Trust, has published the winners of the fourth prestigious Africa-focused seed fund award. Since its inaugural round, the organization has now covered a total of 12 African nations KampaBits of Uganda a youth based organization that exists to positively change the lives of vulnerable youth in Uganda was the 2019 Grand Prize Winner while BasaliTech, Lesotho and Ace Commmunications, from The Gambia both took the second category prize. The Women-In-Tech seed fund award is now in its fourth…

Digital now makes up 51% of US advertizing spending – Magna Report

April 8, 2019 Editor

Magna released a bullish assessment and forecast for US ad revenue in 2018 and 2019. The report covers all the major advertising and media categories including both digital and traditional media. Ad sales up, especially digital. Magna says that “net advertising sales” will grow by 6.9 percent this year to reach $207 billion, which is “a new all-time high.” And, for the first time, digital ad revenues surpassed 50 percent of total ad spending in the US. The company said that digital ad revenue in 2018 will reach $106 billion,…

Unregulated digital apps loans, consumer protection among emerging issues that require attention- CBK Kenya Study

April 4, 2019 Editor

The 2019 FinAccess Household Survey report presents results of data collected during October – December 2018 covering 11,000 households across the country. The survey targeted individuals aged 16 years and above, from scientifically selected households, designed to provide significant estimates at the national and regional level and by residence (rural and urban areas). The 2019 survey focussed more on the usage, quality and impact/welfare dimensions of measuring financial inclusion. In addition, the questionnaire incorporated a needs-based framework to the measure the relevance of financial services and products; financial health and…