Business

Bank of South Sudan licenses m-GURUSH, its first-ever mobile money service

Bank of South Sudan licenses m-GURUSH, its first-ever mobile money service

Business, Mobile, Technology
South Sudan now has its first ever mobile money service. Named m-GURUSH, where m is for mobile and GURUSH is money in Arabic, is a joint partnership South Sudan's Trinity Technologies and Zain Telecoms South Sudan. The mobile money service has been licensed by both the Bank of South Sudan and the National Communication Authority of South Sudan. “We are not just launching a brand name today. The m-GURUSH money mobile commerce platform presents a complete transformation from your first interaction with it, which is a simple, easy to use customer friendly access menu that makes it fast and convenient for customers and dealers to carry out transactions. The platform provides consumers with a robust offering of products that cuts across, Service Payments, Airtime top up and money transfer s
New D4Ag Report: Africa’s Emerging Agritech Market Valued at USD 5.9 Billion

New D4Ag Report: Africa’s Emerging Agritech Market Valued at USD 5.9 Billion

Business, Internet, Technology
Cellulant’s Agrikore platform – an online marketplace for smallholder farmers, agricultural input and produce traders is tapping into Africa’s emerging Agritech market valued at €5.3 billion according to a new report by the Technical Centre for Agricultural and Rural Cooperation (CTA) and Dalberg Advisors. The State of Digitalisation of Agriculture in Africa 2019 report identifies online marketplace solutions such as Agrikore as significant use cases of how digital tools are being built to tackle major challenges of attracting and retaining a significant number of buyers and sellers, and in thus doing, help to solve the problem of inefficient and fragmented agricultural markets. The Agriculture market in Africa is projected to grow to $1Trillion by 2030. It continues to be a catalyst
Plummeting influence: Do influencers still give value to brands?

Plummeting influence: Do influencers still give value to brands?

Business, Internet, Mobile, social media
An influencer with 2 million followers couldn't sell a paltry 36 t-shirts and Twitter could'nt let her be Since the introduction in October 2010, Instagram has grown into a social media staple across the world, boosted further by its subsequent affiliation with Facebook. This platform along with others like Youtube, Twitter, and lately LinkedIn has given rise to a new form of marketing based on personality endorsement called Influencer marketing. There is lack of consensus however on what an "influencer" is. Others define the Influencers as an individual who has the power to affect purchase decisions of others because of his/her authority, knowledge, position or relationship with his/her audience. While another a individual who has a following in a particular niche, which they actively...
Cyber attacks in Kenya rose to 11.2 million in first quarter, CA Report

Cyber attacks in Kenya rose to 11.2 million in first quarter, CA Report

Business, Cyber Security
Kenyan organisations were hit by about 11.2 million cyber threats, being a 10.1 percent increase in the number of incidences, in the first three months of 2019 when compared to the previous quarter. This is according to fresh Communications Authority of Kenya (CA) data indicating that its incident response centre detected growing cases of malware, web application attacks, system misconfiguration and online abuse. CA’s cyber intelligence team consequently issued 14,078 cyber threat advisories to the affected organisations, an increase from the 12,138 alerts during the previous period. Cyber security threats are estimated to have cost Kenya’s economy about Sh29.5 billion, a recent report by tech consultancy firm Serianu said. The rise in cyber threats has forced firms, especially
Logistics challenges facing eCommerce in Africa

Logistics challenges facing eCommerce in Africa

Business, Internet, Mobile, Technology
According to Euromonitor, the world’s fastest growing economies by 2030 will be in Africa. This consequently makes the continent the next big e-commerce market. And as this positive narrative continues to place Africa as a top investment destination, the need for advanced logistics systems has become inevitable. The growth of e-commerce will significantly depend on the quality and efficiency of logistics networks; from intra and cross trade to financial transactions in payment of goods and services. When writing the African e-commerce story, I often leap at the chance to explore only the enviable milestones the continent has made. Nevertheless, there still exist formidable challenges especially in logistics, a vital constituent of the industry. The African Development Bank, in its 2019