Smartphone penetration across the emerging markets is increasing significantly. Recently MTN Group published statistics on the growth of smartphones across its operating companies, including South Africa (15%), Nigeria (36%), Ghana (64%) and Côte d’Ivoire (100%). On this note, Youtap, the global provider of contactless mobile payments and financial services software has launched a QR code solution as well as smartphone apps for mobile money in Africa and Asia. According to a statement by Youtap, the solution complies with the industry standard that was developed by Bharat, Mastercard and Visa. "Youtap's apps can be white-labelled and branded with the logo colours of the mobile money service," the statement stated. The new solution gives any merchant or small business owner with a
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
Iconic mobile phone brand Nokia has made a return to the Kenyan market with three smartphones. Nokia used to be a household name back in the day, but after most of its asset were bought by Microsoft, the brand disappeared into thin air. HMD global Oy, the licence holder for the Nokia brand, is leveraging on brand recognition in the market to recapture the market base. HMD has had successful operations in countries such as China where it partnered with online retailers such as JD.com. Nokia 6, for example, has had instances where it sold out within minutes after going on sale. In Kenya, Nokia has partnered with Google to bring the latest android in its purest form without any manufacturer skin to bog down the update process. Other partners include Safaricom, Airtel and Telkom. The ...
A new study reveals that 90% of Kenyans have seen or heard false news about the 2017 general election, with 87% reporting instances of deliberately false –or fake– news. The popular social media platforms like facebook and whatsApp have become the preferred channels that propagate 'the alternative facts'. The study by Portland and GeoPoll named, The Reality of Fake News in Kenya reports that Social media is widely used by Kenyans of all ages to access and s hare news, with 49% of Kenyans using social platforms to secure general election news. However, social media consistently ranks lower than traditional media on trust. In the past, false stories were used to peddle narratives about the death of showbiz celebrities, the import of plastic rice into Kenya, the dangers of certain o
Egypt got well prepared for the wireless frequencies needed for telecommunications companies in the country to deliver 4G mobile broadband networks, a key step in the long-delayed introduction of high speed telecoms services. The country sold four 4G licenses in 2016 as part of a long-awaited plan to reform the telecoms sector and raise dollars for stretched government finances. The country's three mobile operators - Vodafone Egypt, Orange and Etisalat - acquired licenses. On this note, the first-ever Egyptian-made mobile phone was unveiled on local TV show ‘Sabah Al Khair ya Masr’ . The Egyptian Minister of Communication and Technology Yasser al-Qady unveiled the Egyptian-made 4G phone, expressing his congratulations to Egyptians and asserting that this cell phone is enhanced by