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
Somalia’s government says an ongoing internet outage that affects southern Somalia, and was caused by damage to an undersea fibre-optic cable more than two weeks ago is costing the country $10m (£7.7m) each day. The post and telecommunications minister, Abdi Anshur Hassan, told a press conference Saturday that Somalia has lost more than $130 million so far. The loss of internet service has sparked anger across Somalia and affected the central and southern parts of the country including the capital, Mogadishu. Officials and internet providers have attributed the problem to a commercial ship that they said cut an undersea cable. Following the damage to Fibre-Optic connection, communication companies resorted to the satellite to access the Internet. However, the remedy was weak and unable
Internet technology in emerging markets has received far less attention but has major implications for economic growth and social progress. We recently studied the impact of the Internet on what we call “aspiring countries,” defined as having the economic size and dynamism to be significant players on the global stage in the near future and achieve levels of prosperity approaching those of the advanced economies. “Internet entrepreneurs in aspiring countries are often also social entrepreneurs, in that they create the ecosystem that allows individuals, enterprises, and governments to play a bigger role in the Internet economy.” According to Voices , Internet entrepreneurs in aspiring countries are often also social entrepreneurs, in that they create the ecosystem that al
In sub-Saharan Africa, 10m children drop out of primary school every year according to BBC. The internet is a resourceful tool that can improve and transform Africa's education sector and contribute to economic transformation of African nations, a new study by the Internet Society indicates. Dubbed the "Internet for Education in Africa," the study says a blended learning environment that leverages internet can potentially help connect education to work, improve the skills that allow youth to access employment, empower lifelong learners, and importantly, support women, girls and disabled people to participate in learning without space, time and other cultural and social barriers. While education struggles to cope with the digital transformation, Internet connectivity has grown expon...
In 2017, the world will mark a significant milestone: 50% global internet penetration. Though internet access has become a daily expectation for many, its hardly available. Today, over four billion people — some 56% of the world — are still not using the Internet. The majority of this offline population are women. Most live in LDCs and other developing countries. One of the key obstacles countries face in the race to expand access is affordability — the vast majority of those without Internet access today are offline simply because they cannot afford a basic connection. The arrival of SEACOM marine fibre optic cable on the Kenyan coast in 2009 excited Internet users - who were promised reliable and faster service. The optimism was that country’s connection to the outside world vi