Estonia’s Bolt, one of Uber’s biggest competitors in the European ride-hailing market, has raised €100m (£88m) in funding to prepare for a post-coronavirus world.
This sees the total raised by Bolt top €300m, while its valuation has nearly doubled since May 2018, when it was valued at $1bn.
The funding round comes at a challenging time for Bolt, with the coronavirus causing a slump in demand for ride-hailing services that is believed to have had a severe impact on its bottom line. However, today’s news suggests that its efforts to diversify are paying off.
“Even though the crisis has temporarily changed how we move, the long-term trends that drive on-demand mobility such as declining personal car ownership and the shift towards greener transportation continue to grow,” said chief exec
Rwanda has enlisted the help of five anti-epidemic robots to battle the virus, the East African country has 314 confirmed cases of the virus as of May 22.
The robots were donated by the United Nations Development Program (UNDP) to the Kanyinya treatment center that treats Covid-19 patients in the capital city, Kigali.
The robots -- named Akazuba, Ikirezi, Mwiza, Ngabo, and Urumuri -- were received by the country's Minister of Health and Minister of ICT and Innovation last week.
Today, at Kanyinya Treatment Centre, @UNDP_Rwanda handed over five (5) Smart Anti-Epidemic Robots to the Government of Rwanda, represented by the Ministry of Health and the Ministry of ICT and Innovation. pic.twitter.com/PVeTMYJHQu
— Ministry of ICT and Innovation | Rwanda (@RwandaICT) May 19, 2020
Three key Ghanaian universities and Tomsk Polytechnic University (TPU) will start working together to help upcoming engineers, physicists, doctors and researchers from Ghana to receive world-class Master’s and postgraduate education in nuclear subjects in Russia. The tuition fees for the full duration of education will be funded by the Russian Ministry of Higher Education and Science.
The nuclear education programmes are supported by Russian state atomic energy corporation Rosatom.
“About 300 students from more than 15 African countries are already studying nuclear specialties in Russia. We also contribute to the development of higher education in the field, strengthening cooperation between higher education institutions in Russia and Africa,” Director of Educational Projects and Human
Pesapal will become a Visa Principal Member driving small business acquiring and issuing.
Nairobi, April 27, 2020 – Visa (NYSE: V), the global leader in digital payments and Pesapal have today announced a strategic partnership to drive connected digital payments to consumers and businesses in Africa. Pesapal will now become a Visa Principal Member driving small business acquiring and issuing.
Pesapal has created Africa's only payments ecosystem that offers Ecommerce, Point of Sale and Consumer applications on one platform. Pesapal recruits and supports businesses to be able to digitize payment collection securely while integrating to business internal systems such as POS, ERP, Accounting and Billing systems. By integrating businesses, Pesapal is then able to drive consumer paym
Peter Ndegwa is Wednesday set to take over as Chief Executive Officer at Safaricom to succeed Bob Collymore, who died of cancer on July 1, last year, a move that will make him the first Kenyan to run the giant telco.
He will be taking over from founding CEO Michael Joseph, who has been holding the position in an acting capacity since. Mr Ndegwa, an alumnus of Starehe Boys Centre and former East African Breweries
finance director, will be betting on M-Pesa, data business and Safaricom’s likely entry into Ethiopia to shape the leading telephone services company’s growth in profitability.
The 51-year-old incoming CEO takes the reins at a time when businesses have been hard hit by the coronavirus global pandemic, meaning that he might have to work from home on his first
Artificial intelligence (AI) and Internet of Things (IoT) have changed the way data is gathered, stored, processed and used; thus, becoming an indispensable part of our life.
AI, in its early stages, has revolutionised lives of businesses and people; it has started to show its effects in businesses and the way people work. Many businesses are not aware of how the technologies can be used efficiently to grow enterprise.
Artificial intelligence enables multitasking as takes care of all the menial tasks through automation and leave employees to conentrate on more important areas of the business. If organisations fail to make use of the available and newly added AI tools then chances are that they can’t compete well.
AI is creating a more effective world, creating jobs, making workpla
Lenovo has introduced the world’s smallest desktop, the ThinkCentre M90n-1 Nano to the South African market, designed to support diverse workplaces with the power of a full-size desktop and the space-saving convenience of a laptop.
“The ThinkCentre M90n-1 Nano is further proof of Lenovo’s commitment to helping small businesses drive efficiency in their operations,” says Thibault Dousson, General Manager at Lenovo South Africa.
“In South Africa, SMEs make up a third of the country’s GDP and play an integral part in boosting the economy and creating jobs. Lack of capital, investment, resources or support are among the major challenges faced by our country’s entrepreneurs. Lenovo wants to help entrepreneurs grow their businesses through giving them better access to critical tools and se
Over the past 10 years, technology has revolutionised our daily interactions, transactions and even how we think. It has progressed in almost every field imaginable, with the creation of amazing tools and resources that put vital information at our fingertips.
“If there is anything that has had an enormous impact on the lives of Kenyans, then it is the smartphone. It has revolutionised everything.
“Education, health, banking, media, agriculture, transport, communication and e-commerce all depend on the ubiquities of the smartphone to impact lives,” says Lilian Wanzare, a computer science lecturer at Maseno University.
In 2010, only a few Kenyans owned an Android-powered smartphone, despite its launch two years earlier, with the majority of the middle-class bragging to own ‘high-en
Kenyan based Media production and podcast start-up PortableVoices has announced a podcast distribution partnership with Afripods, an African focused platform for podcasters with head office in Nairobi.
Under the new agreement, Afripods will distribute podcasts produced by Portable Voices Podcast Network as well as co-produce future “Afripods Original” podcasts through Afripods platform and all other distribution channels available pan-Africa and internationally.
Allan Niongira, Portable Voices Founder said; ‘‘We’re excited about this new partnership with Afripods.’’ Adding; “Podcast consumption is really growing in Kenya and across Africa, this new partnership allows us to continue producing more local podcasts. With Afripods as our distribution partner, we will be able to reach more
Lack of access to free, up-to-date and machine-readable government data stands in the way of Kenya tapping into opportunities brought by artificial intelligence, a Nation Newsplex analysis reveals.
The country tops Africa and ranks 52 globally out of 194 countries on the government’s readiness to adopt artificial intelligence (AI) in public services but only manages positions seven in the continent and 78 out of 94 globally in availability of government data, according to two key reports.
The Government Artificial Intelligence Readiness Index 2019 report, by the International Development Research Centre (IDRC) and Oxford Insights, factors in 11 inputs grouped into four main categories: governance, infrastructure and data; skills and education; and government and public services.
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