LG, the global electronics giant, has chosen Kenya as one of its pioneering African markets where it intends to launch its latest technological innovations. The South Korean company says it is planning to introduce its latest technology products in Nairobi. Janghoon Eric Chung, the company’s managing director for Africa Logistics said that they are looking to launch our new products in Kenya because it has an ever-increasing middle and top class. LG considers the country quite stable and with an ever-improving service industry underpinned by sound infrastructure. He added that although LGs’ products were primarily tailored for the high-end market, the company perceived the Kenyan market as one of a few in Africa with a strong inclination for modern technology and the latest electro
The “Africa Rising” narrative is increasingly giving way to that of “Aspiring Africa”. Enhanced by Technology is the idea that economic growth in Africa must come with equitable opportunities for all participants, with benefits enjoyed by every section of society. As Africa develops, it is pivotal to ensure that the currently underserved majority feels the benefits. Africa’s mobile revolution has offered entrepreneurs an opportunity unlike any other to disseminate products and services that can contribute to inclusive growth on the continent. It enables digital innovation that allows African entrepreneurs and developers to leapfrog technologies, creating access to previously unavailable services for the majority. According to Disrupt Africa, Africa is seeing the same technological
Technology has brought great advances and conveniences, but it also comes with the cost of privacy. Government spies can take total control of your smartphone to look at your browser history, see emails and texts and listen to conversations. The Communications Authority of Kenya (CA) has denied plans to use the yet to be installed Device Management System to carry out phone spying on its users after various media platforms reported so. According to the CA, the Device Management System (DMS), which comes into effect on 21 February, will be able to detect counterfeit devices in the country and stop SIM Box technology which is illegal in Kenya. However, reports in local mainstream media suggest that the system will be able to tap into user's information and the government will have the powe...
Outlierz, a new Morocco-based seed investment fund, dedicated to providing smart capital to African startups, has been launched. According to Aptantech, the Outlierz seed fund is the culmination of three years of hard work which involved connecting entrepreneurs and building a startup community in Morocco from the ground up. “We started from a simple yet striking conclusion: too many startups fail at the pre-seed and seed stages because of a lack of appropriate resources. We intend to change that by providing smart capital to the continent’s most promising companies. The target outcome will be a stronger pool of high potential startups that are ready for subsequent investment and, in the end, lead to success stories that are uniquely African,” said Kenza Lahlou, founder and MD, Outlierz.
Safaricom has launched its high-speed internet dubbed ‘fibre for business’ in Kisii town, targeting Small and Medium-sized Enterprises (SMEs) in the region. The rollout is part of ongoing countrywide fibre rollout plan by the operator meant to offer SME high internet connectivity which is central in making them ‘Ready Businesses’. According to Aptantech, Fibre for Business opens doors to a number of benefits to businesses, including full use of cloud solutions. Through fibre, Safaricom is offering SMEs tools to access fast, reliable internet that will effectively enhance their business operations. The high speed internet is delivered through fibre, which has unlimited bandwidth capabilities and offers the fastest high-speed data connectivity. In addition to Fibre for Business, other Safa