Author: Lynn Wandia

The biggest game changer in African development is the internet

The biggest game changer in African development is the internet

Uncategorized
Information and communication technology is driving the new “knowledge-based” economy in the developed and developing world. However, internet access remains comparatively low in Africa, with internet penetration at 20% for the continent. There’s free Facebook, mobile banking, and the promise of cashless societies and digitised land records. And from Accra in the west to Kigali in the east, a spray of “tech hubs” talk about “leapfrogging” technology and incubating start-ups. Such are the giddy promises of Africa’s “fourth industrial revolution” – a giant step forward into the digital world which the Guardian is reporting on for the next two weeks. Some are salivating that it will amount to the renaissance of a marginalised continent, while others soberly warn of the hype. By 2
Uber India hits 500 million rides landmark, hires 1,000 people

Uber India hits 500 million rides landmark, hires 1,000 people

Technology
San Francisco-based cab aggregator Uber announced that it has completed 500 million trips in India since its launch in the country in 2013. The trips add up to mark Uber’s Six billion trips worldwide ever since its launch in 2010. The company entered Bangalore in 2013 and has expanded to 29 cities in India till date. The company also said that it has registered double digit growth in the country and almost 2.5 times annual increase in business as of June’ 2017. It's a major milestone for Uber, which said it is "winning in India," its largest overseas market. The demand for Uber, which operates in 29 cities in India, surged by almost 2.5 times between June 2016 and June 2017, the app aggregator said. India was the 18th market for the San Francisco-headquartered company when it ente
Does Lack of local content hinder Internet Adoption?

Does Lack of local content hinder Internet Adoption?

Internet
Sub-Saharan Africa has seen great improvements in connectivity infrastructure, with increasing investment in access infrastructure including mobile internet networks and fibre backbones. While this is a step in the right direction, the adoption of technologies such as 3G and 4G is lagging behind, raising the question of why it's taking so long for Africa to get online. Although agriculture and natural resources which have proved workable in Africa will continue to be important drivers of Africa’s economic growth in 2011, it is the application of modern technologies that will have the most significant impact on the growth trajectories of most African economies. Specifically, the greatest opportunity for growth is deemed come from technological innovation and the adoption of new technologi
Africa Mobile subscription set to hit the Half a Billion Mark by 2020

Africa Mobile subscription set to hit the Half a Billion Mark by 2020

Broadband, Internet, Mobile
Sub-Saharan Africa currently has 420 million unique mobile subscribers with a 43% penetration rate. By 2020, this number is expected to hit over half a billion, making Africa the fastest growing market. This is according to a new GSMA study dubbed ‘The Mobile Economy: Africa 2016’  that was published recently at the GSMA Mobile 360 – Africa event held in Dar es Salaam, Tanzania. The report also highlights the increasing contribution of Africa’s mobile industry to the regional economy, including employment and public funding, and mobile’s role a platform for digital and financial inclusion. “More than half a billion people across Africa are now subscribed to a network, providing them not just connectivity but a gateway to a range of other essential services in areas such as digital
New opportunities for Kenyan entrepreneurs as E-commerce booms

New opportunities for Kenyan entrepreneurs as E-commerce booms

Business, Startups
Kenya’s electronic commerce market is primed for major growth in the next five years as mobile internet performance continues to improve, a proposed national addressing system comes into existence, and people become more comfortable with digital transactions. The first E-commerce ventures in East Africa used to focus on affluent costumers and the diaspora, with payment by credit cards, mostly in the travel and gifting industry, with startups such as TravelStart or MamaMikes, but the landscape is now narrowing  with mobile money and mpesa. Kenya’s enthusiastic adoption of person-to-person mobile payments creates a solid base for the growth of mobile and electronic commerce. According to the Communications Authority of Kenya, the e-commerce market in Kenya was worth around Ksh.4.3 b