Financial & Tech - Page 3 of 30

Government To Capitalize On Technology To Distribute Hustler Fund

President William Ruto Thursday announced that it will use Technology to distribute the Sh50 billion hustler funds. The collateral-free cheap credit to start businesses was part of President Ruto’s campaign pledge as it seeks to boost micro, small and medium, enterprises (MSMEs). “We will capitalise on existing technology and innovation in the public and private […]

21/09/2022
By Admin
Financial & Tech

Nedbank, Africarare Partner To Take Banking To The Metaverse

Nedbank has partnered with Africarare, Africa’s first metaverse, and secured a 12×12 village in Ubuntuland on which to establish its presence as the first African financial services organisation to enter the metaverse. This forms part of the financial services group’s strategy to lead in digital, go beyond banking, discover new marketing platforms and leverage new technology to better […]

20/09/2022
By Ndungu Brian
Financial & Tech, Online Platform, Tech News

Apple Users To Pay More For App Store Prices From October

Apple Inc (AAPL.O) has announced that it will raise the prices of apps and in-app purchases on its App Store from next month- in all of the eurozone and some countries in Asia and South America. The new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Apple said in a blog post. […]

Jumia Opens Integrated Warehouse To Fasten Delivery Time

Jumia, the e-commerce platform in Kenya has launched a new integrated warehouse and logistics network facility in Nairobi. The new facility will aim to transform Jumia logistics operations by providing increased storage capacity for scale-up of warehouse operations and better management of the business due to the convergence of various services. The warehouse and network […]

Apple Launches iPhone 14 Pro, iPhone 14 Pro Max – Specs

Apple has unveiled the iPhone 14 Pro and iPhone 14 Pro Max, with emergency satellite connectivity and car crash detection technology, at a launch event in the US. The company revealed the new handset features at its Cupertino headquarters, with an audience attending in person for the first time since the pandemic. iPhone 14 Pro introduces a […]

Grey raises $2M to simplify cross-border payments across Africa

Grey has raised $2 million in seed funding with plans to expand into East Africa in a bid to simplify sending and receiving foreign payments for Africans. The Nigerian-based fintech startup enables its users to have virtual international bank accounts for free and enjoy a seamless foreign payment process. “Grey was founded in 2021 to […]

Biometrics Firm iiDENTIFii Wins The Tech Innovator In Africa Awards by KPMG

South Africa’s biometrics and identity authentication firm iiDENTIFii has emerged as the winner of the Tech Innovator in Africa awards organized by KPMG Private Enterprise. The competition is in its second year following a successful inaugural run last year. KPMG invited innovators across the continent to showcase technology breakthroughs that transform and revolutionize businesses in diverse […]

22/08/2022
By Ndungu Brian
Financial & Tech, Technology, Virtual Reality

KOBO360-Digitizing the Logistics Space

Tech enabled logistics firm Kobo360 is looking to change the way the sector operates by lowering costs and enhancing customer satisfaction at the same time supporting thousands of freight companies across the region. When Kobo360 started operations, the logistics sector in Africa was in a dire state with indistinct pricing and interference from exploitative middlemen. […]

Kenya’s IT Ecosystem Providing Platforms For Surging Innovations

Tech Start-ups And Entrepreneurs Propelling Their Ideas Into Strong Companies The rapid evolution of inventions and innovations in the Information and Communication Technology (ICT) in Kenya has created a fertile ecosystem in the country for tech entrepreneurs and start ups. This development is due to Kenya’s huge growth in ICT, which has been instrumental in […]

5 Key Money Transfer App Benefits: When Sending Money from Nigeria to Kenya

Several advancements in technology have made money transfer a lot easier across the globe. Long gone are the days when you’d solely depend on a bank to move funds internationally. The process was not only slow but also rather costly, especially with the many hidden charges. Today, you can send money internationally with ease using […]