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Customers having limited access to or a lack of safety deposit facilities at their bank will be recommended an alternate solution under the new partnership. Sarit Centre and Village Market will be the first two locations in Kenya where MySafe Vaults will rent out automatic and semi-automated insured safe deposit boxes. “This is a huge milestone for us in the banking sector,” says Tirus Mwithiga, Group Retail Banking Director, NCBA Group....

NHIF is state-funded medical insurance that millions of Kenyans rely on, some have claimed that it works really well while others have had their issues with the insurance. In an attempt to tackle fraud NHIF users will now be required to use fingerprints. The mass registration started a mass biometric registration this week and the transition will mean that there’ll be fewer fraudulent claims. What are some of the fraudulent claims?...

The round was led by Target Global with participation from Greycroft and RV Ventures. Ricardo Schaefer, Partner at Target Global will also join the board. According to Yvonne Johnson, Co-Founder and CEO of Indicina, “Our mission to empower credit providers is a journey, and this is just the beginning. With a global team spanning 8 cities and 4 continents, we are better equipped to support our valued customers with more data-driven products....

Rally Cap Ventures led the pre-seed funding round, which also includes Musha Ventures, Future Africa, Eric Idiah, Tomiwa Lasebikan, Prosper Otemuyiwa, Odunayo Eweniyi, Timi Ajiboye, Opeyemi Awoyemi, and numerous other angel investors. Frain Technologies will use the funds to bring Convoy to maturity both locally and globally, as well as develop additional products. “We are excited to have received the support and endorsement of these investors and we look to grow and expand our product offerings in the coming months, while also increasing the number of clients that we cater to....

Klas is a virtual learning platform that enables anyone to set up a virtual school and provide live lectures. Their goal is to harness the power of knowledge sharing. There is no convenient solution for designers to teach online at the moment. The majority of producers duct-tape together disparate technologies to give critical class features like scheduling, money, community, statistics, and video conferencing. Klas has a seamless integration of all of this....

Mono, which was founded by ex-Paystack employee and CEO Abdul Hassan and CTO Prakhar Singh and launched in 2020, allows its partners ,internet businesses and developers to create apps that make instant transfers from their customers’ bank accounts, help them understand their users’ cash flow with more detailed information, and provide convenient credit, among other things. New investors including Target Global, General Catalyst, and SBI Investments joined current investors like Entrée, Acuity, Ingressive, Lateral Capital, and GPIC in this round....

The nationwide survey was led by strategic communications consultancy Portland in collaboration with GeoPoll, a mobile surveying platform. Conducted via SMS, the survey asked a nationally representative sample of 2,000 Kenyans a series of questions about their consumption of news during May 2017 in relation to the forthcoming general election. The survey found: 90% of respondents reported having seen false or inaccurate news in relation to the general election. 87% of respondents regarded this news as being deliberately misleading – or fake news....

The E-Power technology uses an internal combustion engine (ICE) to act as a generator and provide energy which is stored in a high-output battery pack. In other driving scenarios, the electric energy from the generator can be taken directly to the motors, according to Nissan. However, the ICE engine does not directly power the wheels. The wheels are exclusively propelled by electric motors which means the car gets instant torque just like a standard pure battery electric vehicle (BEV)....

720 x 1280 HD 294 ppi Front: 5MP · 3.5mm jack present

It runs on KaiOS 3.1 and is powered by Qualcomm 215 chipset alongside a 1,450 mAh removable battery. The phone has a 2.7” TFT display on the inside and a second one with a 1.77” diagonal on the outside. The front houses a 5MP camera with fixed focus. Other features include an LED flash, FM Radio, MP3 support, and Wi-Fi 802.11 b/g/n support. The phone does not support VoLTE and RTT; real-time texting that allows sending messages while on the call and it goes for $90....

Built by Kenya’s Truehost Cloud, OLITT is an AI-powered no-code website builder and online store builder run independently from Truehost Cloud to allow small businesses to launch websites and online stores in 5 minutes without writing a single line of code. Taking to TechMoran, OLITT’s David Murimi says OLITT is a platform for small business owners, professionals, fundis, and other blue-collar professionals who want to build their online stores or portfolio sites as fast as possible....

They primarily work in Africa, so for example, they will match someone sending USD to Cameroon with someone sending Central African CFA francs to America. They offer their services so cheaply by matching up payments with those going the opposite direction using mobile application currently and mobile money technology very soon. So “your” money never actually leaves the country, it’s rerouted to someone who’s being sent a similar amount by someone overseas....

As 2021 ended, bitcoin completed another year of extreme volatility and ups and downs. Bitcoin reached as low as $27,000 in 2021 and managed to get back at the highest of $69,000. We can say that it was an iconic finish for bitcoin in 2021 but what holds in 2021. After getting themselves out of 2021, people are very interested in the 2022 year, and we can consider it a boon for the crypto space....

As we look at the matter, we need to know what people tend to buy altcoins. Well, most of the time, people tend to plunge into altcoins only to hedge against BTC. To sum up, the following are some of the key reasons people hedge with altcoins. Firstly, people could feel that BTC can have some catastrophic failure, which Altcoin may not have. The next reason could be that Altcoin can have some utility in the future, which can be bigger than BTC, allowing Altcoin to take over BTC....

The youngest of the top six global brands is now dominating the world’s 5G smartphone space with 165 per cent year on year growth in unit shipments in the fourth quarter of 2021, across 20 global markets including Africa. A focus on young mobile phone users-accounting for the largest share of Kenya’s population, competitive pricing model, a wide 5G portfolio and strong multi-channel strategy, helped realme to grow the fastest over the period under review....

Tell us about yourself, your educational background, skills and most importantly about your journey as a refugee from Sudan in the tech space. My names are Jaiksana A. Jose, I’m a south sudanese who was born in Uganda to a refugee family in 1996, our family return to south sudan in 1999 however in 2016 due to the civil conflict that erupted in my home country, we were forced flee to Uganda and thus am being a refugee for the second time of my lifetime....

Currently, about one billion people in the world are involved with remittances, either by sending or receiving them – one in nine people are recipients of these flows of money sent by their family members who have migrated for work. Indeed, every year, about USD$82.7bn in personal remittances are sent to Africa, a figure that is nearly double the continent’s foreign direct investment (FDI) flow of USD$46bn. Personal remittances to almost all African countries are also more than the official development assistance they receive....

Everjobs aims to connect the best talent with top companies around the world and Uganda is just its second stop as the firm targets Angola and Mozambique next. It’s heavily hiring to fill in MD positions. It’s biggest competition in Uganda will be One Africa Media’s BrighterMonday and New Vision’s Jobs.co.ug. “At Everjobs we believe in great people. Every individual has a unique set of skills. All it takes is the right match between talented people and great employers....

JumiaPay will help in facilitating online payments on the site across the 23 African countries where it operates, encouraging the progressive change to cashless societies. If the majority of payments performed on Jumia’s platforms is cash on delivery (between 70 to 90%), JumiaPay comes as a major milestone for improving customers’ online experience for the coming months and years. According to Jeremy Hodara, co­CEO of Jumia, “Jumia Pay has a very simple yet crucial objective: go even further in providing a safe, a secure and a convenient shopping experience to our customers, building trust along the way between us, our thousands of sellers and our millions of customers....

During the official launch, CEO Olalekan Olude said,“We are a platform that gives employees greater decision-making control over their health insurance with cashback when it is not used. Employers use the platform by uploading their employees and setting a budget. Employees can then choose from over 100 Health Plans from top HMOs in Nigeria”. He added that,“roHealth is on a mission to increase access to healthcare in Nigerian by providing free health insurance for a limited period....