Business

Jumia Black Friday promotes e-Commerce in Africa

Jumia Black Friday promotes e-Commerce in Africa

Business, Internet
The Christmas offer starts early in Kenya. Jumia, a Nigerian based online retailer is the leader of the new class of e-commerce business in Africa. With the Jumia black Friday trending, Kenyans are in the rush to get products from the online stores at the low costs. The Jumia black Friday is an indicator that technology in Africa has advanced as most of the items on sale are electrical appliances and mobile phones. With the device prices low, more people are expected to get connected via mobile phones to access the online stores boosting the mobile phone usage in the country and Africa at large. In addition, Black Friday is a period selected by sellers to appreciate its customers with giveaways at discounted prices. The Jumia black Friday 2016 sale in Kenya started on the 14th of...
Microsoft stops the sale of windows 7 and 8.1 PCs

Microsoft stops the sale of windows 7 and 8.1 PCs

Business, social media
Microsoft now calls it an end to the sale of windows 7 and window 8/8.1 operating systems. All new windows devices will now come with a pre-installed window 10 operating system and users will not have rights to downgrade to previous versions. This means that currently, the only way you can get a computer running windows 7 or 8.1 pro is if its still in stock. However, Microsoft records that the support for these versions continues till 2020 giving users enough time to migrate to the recent versions of windows. The move is geared towards giving a boost to the sales of the Windows 10 which is the newest version of windows and mobilizing its usage in the industry. Windows 7, which has been the most popular operating system in the planet lasted in the industry for seven years while wind...
More Africans adopt banking services through mobile phones

More Africans adopt banking services through mobile phones

Business, Mobile
The IMF told the AFP at a recent conference on promoting access to financial services in Dakar, Senegal, that Africans are “leading in the world” in their uptake of mobile banking services. And according to Pakistan’s Daily Times, more Africans are using the banking services offered through mobile phone companies, and many experts believe that this trend will reduce poverty. Those using mobile services are not just those in urban areas; people in remote villages are also using mobile services. In many areas, the roads are in such poor condition that contacts who carry cash to villages are unable to reach many of the rural inhabitants. Cash deposits are therefore made at kiosks, and money is sent via text in many areas by those who have no access to traditional bank accounts. Mitsu
Top Ten 10 Blockchain Technologies Africa

Top Ten 10 Blockchain Technologies Africa

Business, Mobile, Startups
There are over 1,000 Blockchain companies in the world, and the number is growing daily as startups emerge.  Although global Blockchain market is dominated by companies in the UK and US, Africa makes up 1.4% of the start-ups. In Africa, Blockchain technology provides a tremendous opportunity for start-up companies to solve numerous Africa’s problems. The following are 10 Blockchain technologies Africa as reported by TechBullion. 1) AMoney AMoney utilizes a multi-rail technology to bring four rails together: the AMoney protocol, the Ripple protocol, the Stellar protocol and the Blockchain technology to unify mobile wallets in Africa and enable a large volume of low-value cross border payments. 2) BitPesa  BitPesa  provides is a world-class platform that allows users to trade
Visa launches mVisa in Kenya to compete with M-Pesa

Visa launches mVisa in Kenya to compete with M-Pesa

Business, Mobile
Visa has partnered with four banks in Kenya to launch an  Interoperable Mobile Payments Service to that will mount the first credible challenge to the country’s dominant Mpesa system. The mVisa service allows people to send money to each other’s accounts without first loading a digital wallet, as well as pay for goods and services without a point of sale machine regardless of which mobile provider is being used. The mVisa app will initially facilitate transactions for people with accounts at four banks, including KCB Group Ltd. and Co-operative Bank of Kenya Ltd., according to Visa Emerging Markets Senior Vice President Uttam Nayak. Visa, the world’s largest payment company, said mVisa should reduce the cost of remittances from overseas and, for businesses, automatically build up a l