Startups

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
Europe shows how Africa’s tech hubs can thrive

Europe shows how Africa’s tech hubs can thrive

Startups, Technology
Cities in Europe have woken up to emulate the success in Silicon Valley. The New York Times reported that President Emmanuel Macron urged the French to make their country “the leading country for hyper-innovation.” He encouraged the crowd of entrepreneurs to “transform” and “shake up” the country. On its part, the French government committed to support entrepreneurs through a number of incentives including, making the country more business-friendly. The story of European start-ups is the same across capitals. New venture capitalists are emerging to support the growing appetite for entrepreneurship and they are succeeding. The United Kingdom, which was a front-runner in creating technology hubs, is reaping big returns from the sector. According to Tech Nation, a government report
Television Plays Vital role of civic engagement than Social Media in off-grid society, M-Kopa Report

Television Plays Vital role of civic engagement than Social Media in off-grid society, M-Kopa Report

social media, Startups
Dubbed Tuned in, the M-KOPA report shows that off-grid homes are mostly driven to acquire solar television because it helps them keep up to date with news and current affairs. It looks at the role of solar television in the off-grid economy where millions of Kenyans are still off-grid and unable to access the country’s dominant visual information source – television – in their own homes. M-KOPA Solar says its research shows that for these homes, the leading lifestyle improvement is being more informed on current affairs. And its solar TV is doing just that. In Kenya, the seven and nine o’clock news are major moments in the day. Other forms of entertainment is turned off, conversations are adjourned and the news takes over. The question is whether this can continue as content evolves and
Uber new rules bans minors from having an account in Kenya

Uber new rules bans minors from having an account in Kenya

Business, Startups, Technology
Uber has announced new rules that bars users below the age of 18 from having an uber account as it introduced tough new rules for riders and clients. This follows complaints from clients and riders going as far back as 2016, with the latest allegations on sexual harassment leading to the firing of 20 employees as reported this year. The new rules, published for the first time ,explain why riders can lose access to Uber. “Those under the age of 18 can take an Uber with adult supervision, but cannot have an account themselves. Parents or guardians need to accompany children at all time,” the policy states. “Going forward, if Uber finds that an unaccompanied minor is the account holder the account will be immediately deactivated. If the company finds that the rider is under the age o
Creating the African Bill Gates with Digital Innovation

Creating the African Bill Gates with Digital Innovation

Startups, Technology
Sub-Saharan Africa has a youthful population, with 70% of it under the age of 30. However, unemployment is high amongst the youth. The African nations believe that addressing the digital and economic challenges could be done through the strengthening of Science, Technology, Engineering and Mathematics (STEM) education on the continent. This will help prepare the continent’s young generation for ‘future jobs,’ and to fully leverage opportunities presented by the Fourth Industrial Revolution. This will help prepare the continent’s young generation for ‘future jobs,’ and to fully leverage opportunities presented by the Fourth Industrial Revolution. Several non-government organizations, governments, and companies are playing their part in making sure that the AU’s Agenda 2063, popularl