Staff Writer - itbusinessdirect

Mobile banking dominance may slow down due to new digital lending apps

March 13, 2020September 24, 2024 Staff Writer

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…

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Kaspersky partners with Arctic Security

February 28, 2020September 24, 2024 Staff Writer

Kaspersky has announced a new partnership with Arctic Security. Through this collaboration, Kaspersky Threat Data Feeds will be available out-of-the-box, on Arctic Security’s Arctic Hub platform. These feeds will help organisations with Security Operation Centers, as well as managed security service and internet service providers, to obtain the most up-to-date and relevant information about cyberthreats. Not all information about cyberthreats is helpful. For instance, 37% of information security executives say that there’s too much security data to deal with and not very much of it is actionable – as revealed by…

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Kenyan Industries New Partnership with Distributed Power Africa

February 28, 2020September 24, 2024 Staff Writer

Kenyan industries are set to benefit by saving a minimum of 30% on their current cost grid consumption following a partnership between Distributed Power Africa (DPA) and Canadian Solar company. Currently, Kenyan companies lose nearly 10% of their production because of power outages and fluctuations. The deal is expected to help DPA provide top tier PV panels from the company that is estimated to be over 60,000 KuMax and KiKu which would quite easily construct 50 large industrial solar plants. The PV panels will be made available to DPA customers…

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Glovo Launches a New Technical Center

February 25, 2020September 17, 2024 Staff Writer

Glovo, a technology company that links motorcycle riders to consumers wishing to buy and deliver products, has launched a new technical center in a bid to enhance its service levels to consumers and riders. The new facility dubbed “Glover Center” and a 2nd new Glovo operations facility in Westlands are set to create 75 operations jobs directly and help to improve the efficiency of service for Glovo customers and riders. Glovo can now provide faster and localized rider and customer support, and in turn faster deliveries. The move signals Glovo’s commitment…

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Safaricom’s Zuri New Migration from Facebook to WhatsApp

February 25, 2020September 24, 2024 Staff Writer

Zuri, has migrated from Facebook messenger to Whatsapp. Facebook, still a top tier app in Kenya in terms of popularity, is not Kenya’s most popular conversation and chatting app. In that regard, Whatsapp is. Hence the reason why Safaricom have moved Zuri to Whatsapp. Allowing more Kenyans to access it, and use the chatbot to its full capabilities. Through the creation of Safaricom’s chatbot, the precedence of AI in Kenya has taken a new turn. With Safaricom being the trail blazer in a constantly changing Kenyan tech space, AI has…

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Safaricom to roll out their new 5G Network this year

February 21, 2020September 24, 2024 Staff Writer

Kenya’s biggest telecom carrier,safaricom as they roll out their 5G network this year. Michael Joseph, Safaricom’s Acting CEO said this this week according to Business Daily. He said this at a time where Huawei has been under criticism by the US authorities over them building 5G networks, citing security concerns. “We will use Huawei in 5G. What will we do in terms of the American statements about not using Huawei? We don’t have that situation in Africa,” Michael Joseph was quoted as saying. Huawei has been battling the United States…

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9mobile hosts a New Mobile Network Operators workshop

February 21, 2020September 24, 2024 Staff Writer

9mobile, the leading telecom operator in Nigeria, in association with Google, and Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, recently hosted a workshop in Lagos for Mobile Network Operators (MNOs), Aggregators, and brands to introduce Rich Communication Services (RCS), and showcase how RCS Business Messaging (RBM) is revolutionizing enterprise communication with their consumers. The workshop was attended by over 50 attendees, including representatives from MTN, Airtel, Glo, GTB, Zenith Bank, Unity Bank, Accion Microfinance, Interswitch, and Infobip, among others. Touted as the next-generation…

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STEM Education given a new special place in Rwanda

February 20, 2020September 24, 2024 Staff Writer

In a country as rapidly developing as Rwanda, the country’s education goals are clear cut and centralised around ICT, science and girls’ education. Rwanda has given the teaching and learning of Science, Technology Engineering and Mathematics (STEM) a special place in the education system. The country has made significant strides in STEM education. In this second part of our series on education, we will turn our attention to what the government has been doing to promote the teaching and learning of science and technology. According to the ministry of education,…

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5G will support more than 10% mobile new connections

February 20, 2020September 24, 2024 Staff Writer

According to the new Cisco Annual Internet Report, 5G will support more than 10% of the world’s mobile connections by 2023. The average 5G speed will be 575 megabits per second, or 13 times faster than the average mobile connection. With advanced performance capabilities, 5G will deliver more dynamic mobile infrastructures for AI and emerging IoT applications including autonomous cars, smart cities, connected health, immersive video and more. For the past 50 years, each decade introduced a new mobile technology with cutting-edge innovations. Mobile bandwidth requirements have evolved from voice…

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