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Best New Powerful Panel at DCA WebForum voice their thoughts onimpact of COVID-19 SME Financing in Africa

July 3, 2020January 10, 2025 Web Support

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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COVID-19 Pandemic Opportunity to Accelerate New Digital transformation

June 12, 2020September 23, 2024 Web Support

McKinsey recently released a report titled, “Reopening and reimagining Africa: How the COVID-19 crisis can catalyze change,” which recommends policies aimed to help Africa use the crisis as an opportunity to create a recovery that features a more inclusive economy, more competitive industries, and more resilient services The report recommends using the pandemic as an opportunity to accelerate digital transformation across the continent. Figure 1 highlights a number of industries poised for swift growth in digitization following the pandemic. Among these, some are already relatively digitized, such as information and…

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Online Retailers Sales see Their New Highest Growth on Record in April

June 9, 2020September 23, 2024 Web Support

Online retailers are seeing Black Friday-like sales due to the impact of the COVID-19 pandemic on their business. According to new data from Adobe’s Digital Economy Index, U.S. e-commerce jumped 49% in April, compared to the baseline period in early March before shelter-in-place restrictions went into effect. Online grocery helped drive the increase in sales, with a 110% boost in daily sales between March and April. Meanwhile, electronic sales were up 58% and book sales have doubled. The data comes from Adobe’s index of the digital economy, which analyzes more…

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New: COVID-19 is Transforming E-Commerce Globally

June 4, 2020September 23, 2024 Web Support

Just over 306 million Americans are affected by stay-at-home orders, nearly 95% of the U.S. population. COVID-19 will forever change retailing, and its initial impact on e-Commerce is creating challenges to online selling & service no one imagined in January. The following graphic from COVID-19 Commerce Insight, an Emarsys initiative in cooperation with GoodData show how year-over-year revenue growth comparing the last seven days to the same period last year: Mobile devices are the most popular device for online shopping by a wide margin. 72% of consumers are using mobile…

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

March 13, 2020September 24, 2024 Web Support

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 Web Support

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 Web Support

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 Web Support

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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