Technology

Volkswagen Rwanda launches Move app

Volkswagen Rwanda launches Move app

Business, Technology
Volkswagen Rwanda has announced that their Move app is currently available for download on Google Play for Android users and on the App store for iOS users. The company initially announced their plans to launch their Mobility Solutions through a statement posted on their website. “We are pleased to introduce “Move” by Volkswagen a modern mobility solutions platform offering car sharing products and services,” reads a statement on their website. Volkswagen Rwanda made the announcement via their official twitter handle stating: “Choose Move for your next outing with friends. Download the Move app off Google Playstore or the App store and order your first ride!” Choose Move for your next outing with friends.Download the Move app off Google Playstore or the App store and o
African tech startups secured a record US$334.5 million worth of investment

African tech startups secured a record US$334.5 million worth of investment

Internet, Mobile, Startups, Technology
According to the annual African Tech Startups Funding Report 2018 released by startup news and research portal Disrupt Africa, which is now in its fourth year, African tech startups smashed funding records in 2018 as 210 startups secured US$334.5 million worth of investment. The report, which tracks the total amount of funding raised by African tech startups each year, found 210 startups raised a total of US$334,520,500 in funding in 2018. This represented the best year since records began, and a substantial leap on 2017. The number of startups that raised grew by 32.1 per cent, and total funding jumped by an impressive 71.5 per cent. A key finding of the report was the emergence of Nigeria as Africa’s startup funding hub, after years of playing second fiddle to South Africa. With 5
Telkom & Airtel binding merger agreement to named Airtel-Telkom comes to force

Telkom & Airtel binding merger agreement to named Airtel-Telkom comes to force

Broadband, Business, Technology
Rumours have been running for over a year that Telkom and Airtel were planning to merge their operations in a bid to augment their product and service offerings to match the services of Safaricom. Safaricom had also been mentioned in the competition clause by both Telkom and Airtel that highlighted their inability to grow based on Safaricom’s lion’s share of the local mobile operator business. India's Bharti Airtel anouncement on Friday reut.rs/2SyMMhc that its unit, Airtel Networks Kenya Ltd, has agreed to merge with Telkom Kenya Ltd, the East African nation's smallest telecom operator is now active. A report that investigated the claims is yet to be fully examined by the Communications Authority of Kenya (CA) and parliament, and there is a likelihood it will be discarded
Kenya Remains Top Mobile Banking User across Africa

Kenya Remains Top Mobile Banking User across Africa

Business, Mobile, Technology
Sixty-eight percent of Kenyan adults use a mobile phone to transact money, making them the biggest users of mobile banking in sub-Saharan Africa according to a World Bank report #Kenya is the highest user of mobile phones for money transactions in the Sub Saharan #Africa region. pic.twitter.com/bNM8kyE9gB— World Bank Africa (@WorldBankAfrica) January 8, 2019 Kenya is followed by Sudan with 52%, Gabon at 50%, and the DRC with 37% of adults using mobile phones to send money.Mobile money services and mobile banking have grown significantly in sub-Saharan Africa with the World Bank saying mobile banking has expanded to 16% of the market. M-Pesa's success in Kenya has played a huge role in growing financial access in the country. Forbes reported that Kenya has more than 23-mil
Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Business, Mobile, Technology, Women
Amazon recently unveiled a debut collection of makeup products under its private label “find,” which also sells apparel basics. Available only from Amazon’s UK site for now, the products—for the eyes, brows, face, lips, and nails—are sold in “bundles” rather than individually. All are Prime eligible and priced under $20, comparable to drugstore offerings. Historically, an announcement from Amazon that it’s expanding into a new market has caused fear and anxiety: In 2017, grocery chains lost nearly $12 billion in market capitalization in a single day after Amazon said it would lower prices at Whole Foods. Last year, Amazon shared its vision for an independent healthcare service, causing the market value of the 10 largest listed health-insurance and pharmacy