Mobile

Kenya’s Mobile money transactions hit Sh2.5 trillion

Kenya’s Mobile money transactions hit Sh2.5 trillion

Business, Mobile, social media, Startups
The value of mobile money payments rose by 11.1 percent to hit Sh2.5 trillion in the first seven months of this year, new data from the Central Bank of Kenya (CBK) shows. The increase happened even though the actual figures from month- to- month fluctuated between Sh328.2 billion and Sh368.4 billion. The total value for the seven months was Sh2.5 trillion compared to Sh2.25 trillion in July last year. In July, the value stood at Sh366.4 billion, about Sh20 billion up from June’s Sh346.8 billion. Compared to July last year, the upward change was higher at Sh34 billion or 10.2 percent. The change underlines the rising popularity of the mobile money in transactions where many banks, mobile lenders, savings and credit societies and merchants have also been linking up with the mobile b
WIPO ranks Kenya second leading innovation hub in sub-Saharan Africa

WIPO ranks Kenya second leading innovation hub in sub-Saharan Africa

Mobile, Startups, Technology, Women
Kenya has been ranked the second leading innovation hub in sub-Saharan Africa by the World Intellectual Property Organisation in its latest Global Innovation Index (GII) 2019 report. Kenya’s so-called Silicon Savannah only trails upper middle income economy South Africa, with Mauritius coming third. “Kenya has a track record for recording high levels of innovation, outperforming on levels of innovation relative to GDP for the ninth consecutive year, an excellent record at par with other lower-middle-income countries like India, the Republic of Moldova, and Vietnam,” reads the report. Kenya’s innovative strength has been attributed to startups’ easy access to credit and microfinance loans. “As in previous years, Africa shines in terms of innovation relative to level of development. Ou
Huawei to launch its own HarmonyOS, after Android snub threat

Huawei to launch its own HarmonyOS, after Android snub threat

Business, Internet, Mobile, Technology
Huawei has officially announced HarmonyOS, the operating system it was rumored to be developing to replace its reliance on Android. In China the software will be known as Hongmeng. A modularized #HarmonyOS can be nested to adapt flexibly to any device to create a seamless cross-device experience. Developed via the distributed capability kit, it builds the foundation of a shared developer ecosystem #HDC2019 pic.twitter.com/2TD9cgtdG8 — Huawei Mobile (@HuaweiMobile) August 9, 2019 HarmonyOS is “the first microkernel-based distributed OS for all scenarios,” consumer group CEO Richard Yu told attendees at the Huawei Developer Conference. The company says the distributed OS, can be used in everything from smartphones to smart speakers, wearables, and in-vehicle systems to create a shar
Office 365 services to reach more customers from Microsoft’s African datacenters

Office 365 services to reach more customers from Microsoft’s African datacenters

Business, Mobile, Technology
Office 365 services are now generally available through relatively new data centers in South Africa. Microsoft has expanded its presence in Africa steadily, including bringing Microsoft Azure to the continent earlier this year. Opening data centers in South Africa is important because many countries have rules regarding the location of cloud data centers. Paul Lorimer, Distinguished Engineer for Microsoft 365, expanded on the importance of the data center in a Microsoft blog post: In-country data residency for core customer data helps Office 365 customers meet regulatory requirements, which is particularly important and relevant in industries such as healthcare, financial services, and government—where organizations need to keep specific data in-country to comply with local requi
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