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For one thing, their drivers would have to wait in yards for extended periods of time in order to find a walk-in consumer willing to do business with them, or rely on brokers who would take hefty commissions on the money they made, eroding their earnings. When they got a prospect, they would have to charge a lot of money because the products would only be delivered one way and there would be no return luggage to pay for the return trip....

The new branch is located at Maisha Heights, 1st Floor along Kenyatta Street. With the new branch, customers in Thika town and the entire Central Kenya will now be able to take advantage of Ngao Credit products and services without having to visit the main office in Nairobi. The services include import financing for those wishing to purchase new vehicles. Ngao Credit will finance up to 70% of the value of the car customers are importing and 100% duty finance if the car is already at the port....

Paul Kokoricha, ACA Managing Partner, and Tokyo-based UNITED Inc. also invested in the round, which was led by Kepple Africa and Timon Capital. Decagon, which was founded in 2018 by Chika Nwobi (CEO), aims to address the global underrepresentation of black people in tech, beginning with Nigeria, by training and connecting engineers to work remotely with local and international companies. The financing is made possible by a collaboration between the financier Sterling Bank and Nigeria’s central bank, the Central Bank of Nigeria (CBN)....

Eden Life will utilise Lynk’s successful platform, which connects informal laborers with end customers through automated job matching and standardized processes. In a statement, Akinyi Ooko-Ombaka, Country Lead at Eden Life Kenya, said: “It’s truly exciting to continue the phenomenal legacy of the Lynk platform and be part of the evolution in recreating smart-service delivery solutions for busy Nairobians to manage their work-play lifestyle. The combination of the technology that powered Lynk to empower informal workers and the data-rich Eden Life app presents an immense opportunity to grow not just the menu of services, but also the number of people who can benefit from the platform....

Okonkwo says though most customers make purchases across all styles but the fashionable work shoes sell the most followed by party shoes and then wedding shoes.

According to Interswitch, these solutions will help bridge the digital payments gap as they are inclusive , solve critical challenges, including the protection of customers against digital payment fraud, providing effective value financing tools for lenders, seamless integration to payment channels, and enhancing customer experience, among others. In Sierra Leone, where one of the sessions, themed “Accelerating Growth and Profitability – Leveraging Technology to Win”, was held recently, Interswitch shared about its commitment “to the advancement and penetration of digital payments in Africa as a whole....

Taking place in Qatar amidst the FIFA World Cup 2022, the global finale was preceded by a year-long competition that saw entrepreneurs across the world compete in regional editions before advancing to the final stage. “This year we have seen more than 4,000 fintechs participate in the global Visa Everywhere Initiative, including a record 1,130 applications from Central Europe, Middle East and Africa” said Andrew Torre, Regional President for CEMEA, Visa....

In a time when venture funding has seen a steady decline in Africa, Bumpa has garnered the interest of investors and partners on its audacious move to enable business growth for one million SMEs across Africa for its next growth phase. Luci Fonesca, Principal at Base 10 Partners, who led this round of investment had this to say about investing in Bumpa at this time in the VC market, “Bumpa is building a mission that we love and were excited to get behind, enabling e-commerce and reducing friction for millions of SMBs,” said Luci Fonseca, Principal at Base10 Partners....

The funds come from the company’s pre-seed round of funding, which was led by Velocity Digital and included a number of additional investors. Mustard Insights, which began operations in January 2021, creates data visualizations and distributes them to a big audience via digital and social media platforms. Its purpose is to give consumers with information that will help them make decisions at various levels. Mustard Insights will conduct market research for its clients and produce high-quality market studies in high-demand areas, as well as serve as a reliable source of African economic and social data....

The Oxford Foundry, University of Oxford, and FMDQ Private Markets Limited launched a global partnership in July with the objective of encouraging collaboration and knowledge exchange between the UK and Nigerian angel investment communities. Through co-created programmes, the partnership focuses on high-potential sectors such as technology, agriculture, green industries, and healthcare, with applications now available for two of them. The first is the Young Entrepreneurs Leadership Programme (YELP), a four-month online program aimed at ambitious young Nigerian leaders aged 21 to 35 years that will provide them with the skills, tools, and networks they need to make a positive impact in their communities and country....

The select option costs $699 and the premium option costs $899 per month. Signing up the program attracts a one-off membership fee of $495. The monthly subscription includes the vehicle unlimited switches, as often as a new vehicle each day. Delivery, cleaning, insurance, roadside assistance, and regular maintenance. “Nissan Switch is another way Nissan is testing alternatives to the notion of traditional mobility. Without long-term financial commitments for our customers,”....

Design The Nokia 2 is the most affordable smartphone in HMD’s line up. For only KShs 11,000 at launch, the device squarely puts itself in the low end, entry level spectrum. However, the design has some premium touches, the frame is made of aluminum and the back is from polycarbonate, a high quality plastic. This aligns well with the durability standard that Nokia phones are traditionally known for. The plastic back is removable for interchanging, but the battery isn’t....

Nokia x30 5g The model takes advantage of the 6.43-inch AMOLED and an FHD+ resolution. It boasts a maximum brightness of 700 nits and a maximum refresh rate of 90 Hz. We also discover a Corning Gorilla Victus glass on the front of the device to offer maximum protection. Under the hood, all processes are run thanks to the Snapdragon 695 5G smoothly. There are also two configuration options, with the CPU backed by either 6 or 8 GB of RAM, depending on the configuration selected....

Founded by Vahid Monadjem, an Iranian-American born in Germany and raised in the U.S. and Swaziland. Monadjem consulted for McKinsey in Johannesburg, South Africa where he experienced the pain consumers and Small Businesses went through minus banks accounts and in 2010 quit to start Nomanini, “anytime” in Zulu, in 2010. Nomanini is present in South Africa with projects in Kenya and Nigeria. This round will help the Monadjem sign up more local enterprises in each market to create a locally relevant product on the company’s prepaid platform....

First of all, sitting in one position for long hours is a painful task and not good in the long run. Also, you need to keep getting some stretching to keep that blood flow going! That’s the reason why companies all across the globe are now becoming sensitized towards the physical well-being of their employees and are now adopting new alternatives for office design. This is where the height-adjustable office standing desk, or stand up desk and sit stand desks comes into the scene....

Okra’s $3.5m Seed raise was led by US-based Susa Ventures, with participation from existing investors TLcom Capital, and newly joined Accenture Ventures, just under a year from closing its $1m pre-Seed round from TLcom Capital. Today’s raise brings Okra’s total funding at seed to $4.5m. In a statement, Fara Ashiru Jituboh, Okra co-founder and CEO/CTO said, “We build the tools that businesses need to achieve full digital transformation and we are excited to be welcoming some highly strategic global investors as we scale our Open Finance-as-a-Service operations....

The Nairobi operations will be led by its Kenya Principal, Efayomi Carr as Principal, who previously served as Head of Strategic Finance for Lori, a tech startup that builds cost-saving market infrastructure for the trucking sector in Africa. He joins the firm’s Africa investment team that includes Managing Partner Arjuna Costa and Venture Partner Ameya Upadhyay. “We believe Africa is on the cutting edge in the development of innovative and groundbreaking fintech solutions with global relevance, and we are delighted that our Nairobi office will give us greater access across the continent,” said Costa....

This time OnePlus relies on MediaTek’s 5G Dimensity 1200 AI chipset that offers near-flagship performance. Combines 6GB, 8GB, or 12GB ram and 128GB or 256GB internal storage. MediaTek Dimensity 1200 AI itself is manufactured with 6nm TSMC process technology. Carries an octa-core CPU with a 1+3+4 configuration and an Arm Mali-G77 MC9 GPU. The processor includes one core with ultra-core Arm Cortex-A78 up to 3GHz for extreme performance, three Arm Cortex-A78 super cores, and four 2....

The online casino industry is currently very much on an upward trajectory, with states across America breaking monthly revenues time and time again. 2021 has been yet another successful year, and even from this early stage, 2022 looks like it is going to be yet another successful year. With 2021 almost behind us, it’s time to start looking ahead to 2022. For the following article, we dug a little deeper to discover realistic projections for the year ahead....

Awarded top IT enterprise in the 25 under 25 Entrepreneurship Awards 2015 in Nairobi, Kenya, the platform boasts 150 merchants, 1000 members, 400 products and 100 experiences. The latter involve various categories such as flying, adventure, motor, indoor, extreme and water. The activities are targeted at making people live to the fullest while living on the edge and pushing yourself to do things that enhance your happiness. The activities are handpicked by seasoned, experience masters and they include outdoor paintball battle, attack the mountain abseiling down vertical cliff faces or even take a leap bungee jumping....