Category: featured

African Fintech collaborate to interlink mobile money and digital assets

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…

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Microsoft adds new Transcribe in Word feature

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Microsoft Office 365 Transcribe in Word

Transcribe in Word.Microsoft is adding an audio transcription feature into Word for the web today. Transcribe in Word will appear in the online version of Word for Microsoft 365 subscribers, providing an easy way to automatically transcribe audio. Microsoft is supporting existing audio files, or even the ability to record conversations directly within Word for the web and have them automatically transcribed. Once a conversation is transcribed, Microsoft’s AI will separate out each speaker and break the conversation into sections that are easy to playback, edit, and insert into a…

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New: Bolt ventures into food delivery business

Dianne Jacobs
Bolt Food

Bolt ventures into the food delivery business Bolt, a Taxi-hailing service is venturing into the food delivery business in Kenya targeting alternative revenue streams as the market has seen reduced mobility in the wake of Covid-19 restrictions. Bolt advertised the position of Country Manager for its food delivery arm in Kenya signaling the beginning of operations towards the end of the year. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery…

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CBK Proposes law for mobile loan apps

Dianne Jacobs
MTN Rwanda

CBK Proposes law for mobile loan apps Digital app lending companies operating in Kenya are set up for a shake-up after the country’s central bank proposed new laws to regulate monthly interest rates levied on loans by digital lenders in a bid to stamp out what it deems predatory practices. If approved, digital lenders will require approval from the central bank to increase lending rates or launch new products. The move comes in the wake of mounting concern about the scale of predatory lending given the proliferation of startups offering…

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Toshiba Exits Laptop Business, The Best for Industry.

Dianne Jacobs
Toshiba

Toshiba Exits Laptop Business Toshiba, a Japanese tech giant once well-known for its satellite range of laptops meant for heavy use, has finally decided to quit the laptop business. Toshiba has quietly sold its remaining 19.9 percent stake in its Dynabook laptop brand to Sharp, officially exiting the laptop business. The company earlier sold an 80.1 percent stake to Sharp in 2018. “Toshiba Corporation hereby announces that it has transferred the 19.9 percent of the outstanding shares in Dynabook that it held to Sharp Corporation. As a result of this…

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Airtel Kenya ventures into the TV Best streams market

Dianne Jacobs
Airtel Kenya has launched a TV app service to tap into streaming services market

Airtel Kenya ventures into the TV streams market Airtel Kenya a Telecom firm has launched a TV app service in the market as it moves to tap the growing demand for movie streaming services and rev up data consumption on its network. The free service dubbed Airtel TV will allow users to watch movies, documentaries, music, and cartoons, seeking a piece in a market dominated by giants Netflix, Amazon, and Showmax– which provide videos on demand. The service will be free for now, a pointer that seeks to earn money…

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New: Telkom Kenya Cancels merge with Bharti Airtel

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Telkom Kenya

Telkom Kenya cancels merge with Bharti Airtel Telkom Kenya said on Wednesday it was no longer looking to merge its business with the Kenyan unit of India’s Bharti Airtel, citing challenges in securing the required regulatory approvals for the deal reports Reuters. Bharti Airtel had said in February 2019 that its Airtel Networks Kenya unit had agreed to buy Telkom Kenya, the East African nation’s smallest operator in which the state still has a 40% shareholding after a majority stake was sold in 2007. The deal, whose terms have never…

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Microsoft to continue exploring new Potential Tiktok deal

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Microsoft to continue exploring potential Tiktok deal Last Friday, reports emerged that Microsoft was in talks to purchase TikTok from the Beijing-based company ByteDance. The same day, Trump mentioned plans to ban the social media platform from operating in the U.S. This Sunday, Microsoft said in a statement that it is moving forward with talks to buy TikTok after speaking with President Trump, who has threatened to ban the popular video app in the U.S. “Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring…

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‘Buy on Google’ is now running commission-free

olivia Craig
Buy on Google ,Commission feesgoogle waive

‘Buy on Google’ is now running commission-free Google is making it free for retailers to sell products in search results by waiving Commission fees for sales made via the ‘Buy on Google’ option. ‘Buy on Google’ is a payment option that lets customers buy products without leaving Google search results. The option to buy products directly on Google is made available to customers when they click on shopping listings in search results. Like other online payment providers, Google has always charged a commission fee for sales made through its platform.…

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Office 365 is now Microsoft 365

Dianne Jacobs
Microsoft

Office 365 is now Microsoft 365 On April 21, Office 365 became Microsoft 365.  Microsoft’s Office 365 personal and family subscription suite will be renamed Microsoft 365 in a move that heralds an effort by the company to win over more consumer users. Seeking to make a point with the rebranding, Microsoft calls it “a subscription service for your life,” which might conjure visions of Amazon Prime. Microsoft 365 will cost $6.99 per month, and a six-user, $9.99 family plan will also be offered. Its apps will be available on Windows,…

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