Kenya: Latest News

  • Safaricom Looks To The Future, Invests In Telecommunications Lab

    Telecommunications Lab By Tom Jackson, 6:25 pm AFKI Original

    Safaricom is future-proofing its business with innovative new products and an investment in a telecommunications lab, which will streamline innovation and testing at the Kenyan telecoms giant. It has been 10 years since Safaricom launched the M-Pesa mobile money service that is widely attributed to being the catalyst for Africa’s fintech ecosystem and having played a huge part in establishing the company as a market leader.

  • Pan-African Tech Network Expands To Chad And DR Congo With 11 New Tech Hubs

    AfriLabs holds international gatherings annually to foster links between tech hubs. Photo: AfriLabs By Peter Pedroncelli, 4:51 am

    AfriLabs has further expanded its network of over 50 technology and innovation hubs across 20 African countries with the addition of 11 new hubs as members of the network. The new development sees the pan-African network of technology innovation hubs increase its membership base to Chad and the Democratic Republic of Congo. Other nations that increased their representation within the network supporting innovation infrastructure include Malawi, Nigeria, Kenya, Uganda, Tanzania and Zimbabwe.

  • Opinion: Uber, Airbnb Drastically Shifting Power Balance In Africa. Made-In-Africa Is Fighting Back

    Made-in-Africa is fighting back By Global Risk Insights, 6:33 pm

    Proponents of the sharing economy say Uber and Airbnb benefit Africa, but who exactly is benefiting? They’re inserting themselves into existing informal sharing dynamics, acting as corporate middlemen and disrupting existing livelihoods. Underdeveloped formal sectors and high unemployment in Africa created the sharing economy out of necessity. Uber and Airbnb are taking a share of the profits.

  • Streaming Video Company Iflix To Take On Netflix In Africa, Sets Up Cape Town Headquarters

    Video streaming service iflix CEO Mark Britt. Photo: Tech in Asia By Peter Pedroncelli, 5:11 am

    Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.

  • Agriculture Is The No. 1 Opportunity For African Internet Of Things, Security The No. 1 Challenge

    African Internet Of Things By Tom Jackson, 10:33 pm AFKI Original

    The Internet Of Things is already widespread, but people aren’t using the terminology or the platforms that bring greatest value to connectivity between devices, says Arthur Goldstuck, MD of South African tech market research firm World Wide Worx. In Africa, IoT is used primarily in vehicle tracking and telemetry — you might call them the first generation of IoT. There isn’t an industry in Africa that has not been disrupted, a stakeholder said. “All industries are moving into this digital age and are transitioning or transforming their business models. IoT is a key driver for that.”

  • 12 African Nations With The Highest Number Of Internet Users

    Internet Users - African governments commit to affordable internet By Peter Pedroncelli, 7:44 am AFKI Original

    Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.

  • London Stock Exchange To Attract Investment For Kenya’s Energy Industry

    Kenyan government signs memorandum of understanding with London Stock Exchange. Photo - LSE By Peter Pedroncelli, 5:44 am

    The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.

  • 12 Tech And Telecoms Companies That Inspire Africa

    Inspire Africa By Peter Pedroncelli, 8:25 am AFKI Original

    Tech companies continue to inspire Africa and Africans through their unique service offering to the continent and the way in which they enhance people’s lives. From renewable energy to telecoms and other tech firms, African consumers are benefiting from a growing tech sector throughout Africa, and certain companies are making waves as inspirational businesses contributing to better lives for the people they serve. Here are 12 tech and telecoms companies that continue to inspire Africa.

  • Nigerian Wins Engineering Innovation Prize For Connecting African Students And Teachers Via Mobile

    Engineering Innovation - Godwin Benson, creator of Tuteria wins the Africa Prize for Engineering Innovation. Photo: Twitter By Peter Pedroncelli, 4:25 am

    Nigeria’s Godwin Benson was selected as the winner of the Royal Academy of Engineering Africa Prize for Engineering Innovation at an event held in Nairobi on Tuesday night. The education innovator was chosen from a final shortlist of four top candidates from the African continent, beating South African Andre Nel, Ugandan Hindu Nabulumba and Kenya’s Kelvin Gacheru to the first prize. The 27-year-old Nigerian designed the Tuteria online platform, which links students to qualified tutors in their area and within their budgets, enabling cost-effective education through innovation.

  • Will Kenya’s Konza Techno City Ever Get Off The Ground?

    Konza Techno City By Tom Jackson, 8:35 am AFKI Original

    Fresh from tech achievements M-Pesa, iHub and Ushahidi, Kenya in 2013 launched a $14.5B project to build Konza Techno City, a large tech hub planned outside Nairobi. Four years later, funding for Kenyan tech startups is in freefall. There have been few recent notable tech success stories and Konza City seems further away than ever. Investors have been wary to put up money until they have assurances from the government on reliable low-cost energy, water, plans to limit traffic and prevent slums from being built near Konza.

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