Ifc Launches 225 Million Platform To Strengthen Vc Ecosystems In Africa Middle East

In 2021, these regions collectively received less than 2% of $643 billion of global venture capital funding. Access to capital has been exacerbated by a slowdown in global venture capital investment, the COVID-19 pandemic, the rise in food and supply chain costs, higher interest rates, and currency depreciation. In addition, tech ecosystems are nascent or even nonexistent outside of more established markets such as Egypt, Kenya, Nigeria, Pakistan, Senegal, and South Africa....

January 10, 2023 · 3 min · 453 words · Betty Wilson

Important Features To Consider When Choosing A Call Center Software

Essential Features of a Call Center Software Below are the five most important call center software features you must consider when choosing software for your call center. Interactive voice response (IVR) Interactive voice response or IVR is a technology used by call centers in the Philippines to help callers get appropriate solutions to their problems via the use of an automatic voice command. It provides a caller with plenty of options to choose the right one according to individual needs or requirements....

January 10, 2023 · 3 min · 584 words · Colleen Patrick

Improve Your Business Presence With Bulk Sms Marketing

What Is It? Ultimately, a lot of people know very little about SMS marketing. This is a big problem. As a business owner, you need to know about the marketing options available to you. SMS stands for short messaging service. In basic terms, it means that you’ll be able to send text messages to people. Well, bulk SMS marketing is sending hundreds or even thousands of text messages to people all around the world....

January 10, 2023 · 3 min · 437 words · Kenneth Wells

Incentro Africa Becomes First Company In Africa To Achieve The Work Transformation Enterprise Specialization In The Google Cloud Partner Specialization Program

Incentro Africa, an IT service provider delivering custom build software solutions for the European and African market, is leveraging its novel cloud solutions to enhance the capacity and efficiency of businesses. This, as it migrates thousands of employees into integrated suite of applications as they adapt to the new normal in the wake of disruptions occasioned by COVID 19. As demand for solutions that embrace remote operations burgeons, Incentro Africa has been working with banks, government institutions and businesses by deploying cloud-based solutions like Google Workspace and Chromebooks and Cloud infrastructure that have bolstered security and enabled companies to cut operational costs....

January 10, 2023 · 4 min · 804 words · Porfirio Lacey

Infrastructure Spending To Reach 9 Trillion Yearly By 2025 Says Pwc

A new report from PwC indicates global capital project and infrastructure spending may grow to more than $9 trillion annually by 2025, up from $4 trillion in 2012. The report is titled ‘Capital project and infrastructure spending: Outlook to 2025’. The report, which Oxfords Economics provided research support, analyses infrastructure spending across 49 of the world’s largest economies which account for 90 percent of global economic output. It covers five industry sectors and forecasts their impact on seven major world economic regions (Western Europe, Latin America, Asia-Pacific, Middle East, sub-Saharan Africa, Former Soviet Union and Central and Eastern Europe)....

January 10, 2023 · 4 min · 686 words · Kenneth Vaughan

Instabug Raises A 5M Series A Round Led By Accel

Instabug provides mobile developers with real-time insights throughout the app life cycle, with its bug and feedback reporting, secure crash reporting, and in-app surveys. All the more important these days, given so many people, are relying on apps during their pandemic lockdowns. This year’s round of investment was led by Accel Partners with the inclusion of other angel investors. They include Amr Awadallah, co-founder of Cloudera. And Jim Payne, founder, and CEO of MoPub, both of whom have invested previously....

January 10, 2023 · 2 min · 264 words · Kelly Kimball

Instagram Is Testing A New Feature That Allows People To Choose What Is Shown In Their Feed

Now, the Meta-owned platform is implementing this change. The company has started partially rolling out a new feature that lets users choose what is shown in their feeds. The new feature will allow users to sort posts on their feed in a chronological manner. Users will also be able to hide posts from accounts they don’t want to see on their feeds. The new features were announced by Instagram head Adam Mosseri on his Twitter....

January 10, 2023 · 2 min · 266 words · Lenora Bailey

Instagram May Soon Let You Send Direct Messages From Your Pc

This possibly new feature was spotted by reverse engineering expert and app developer, Jane Manchun Wong who is known for diving deep into code to find hidden upcoming features. Jane Manchun Wong tweeted some screenshots of the DMs feature on desktop highlighting that Instagram Direct for the desktop web has a similar interface to Messenger, as the conversation threads show up on the sidebar towards the left, and the thread info sidebar on the right with a thread displayed in between....

January 10, 2023 · 2 min · 292 words · Jane Valles

International Space University Partners With Metavisionaries To Bring Space Science To Metaverse

This event will be led by space scientists Tara Ruttley, Metavisionaries’ Director of Sciences ,former associate chief scientist at NASA, and James Green, ISU’s Core Co-Chair, & former Chief Scientist of NASA. They will guide participants through a hands-on activity in Técnico Superior Técnico, Portugal, where SSP is taking place. Wasim Ahmed, CEO for Metavisionaries, explained that the pandemic accelerated the rate of technology adoption in the education sector. Web 3....

January 10, 2023 · 2 min · 269 words · Reatha Hayes

Iphone 14 A Selfie Module Scheduled For Quality Video Calls And Images Should Be On The Way

The Cupertino firm is slowly focusing on its iPhones’ photo and video quality like the majority of the Android Manufacturers do. The firm puts its package in functionality — with ProRAW, ProRes, or Kinematic mode – and hardware. On its iPhone 13, released late last year, the brand used a larger primary camera than those iPhones produced in 2020 as much as there were significant camera upgrades with the iPhone 13, especially on the pro variant....

January 10, 2023 · 2 min · 339 words · John Collins

Itel Kenya Visits Imani Children S Home Through Its Love Always On Csr Initiative

itel Kenya, the smartphone and accessories brand will also do an online launch on Citizen TV to explore a whole new world of fun, play, and power with the itel Family. According to a representative from itel Kenya, the visit is in line with itel Kenya’s mission to give out much-needed love and care to everyone and as a brand, it’s always good for her to show love for the communities around them....

January 10, 2023 · 1 min · 166 words · Chloe Brigham

Ivorian Healthtech Startup Susu Secures 1M Pre Seed Funding For Expansion

The majority of the funds came from angel investors, but the company also secured $1.2 million in debt and grant funding from BPI France, the French government’s public investment bank. After losing her father to complications from a chronic health issue owing to poor management, Bola Bardet founded the company alongside Laurent Leconte (CTO) and Sandrine Egron (COO). Susu provides care packages or bundles to people with chronic conditions including diabetes and hypertension, as well as pregnant women, who require close monitoring and preventative guidance in order to live their best lives despite their illnesses....

January 10, 2023 · 2 min · 229 words · Elizabeth Price

Josh Sandler Steps Down As Lori Ceo As Firm Eyes Growth In Challenging African Logistics Landscape

Prior to joining EchoVC, Ogboi worked at Citi as an Investment Banker and was involved in deploying over $8 billion of capital across various regions including Sub-Saharan Africa and Europe. Sandler, who will be moving on to serve as Executive Chairman of Lori’s board, noted that Ogboi who has been the company’s Chief Operating Officer since 2019 has been a key part of this success story. “I am confident that as CEO, she will drive Lori into a period of unprecedented innovation and growth,” he wrote....

January 10, 2023 · 3 min · 514 words · Claude Sullivan

Jumo Mansa Bank Mtn C Te D Ivoire Launch Vitkash A Mobile Money Lending Platform For Small Scale Loans

VitKash, build by JUMO and powered by MANSA BANK and running on MTN Côte d’Ivoire’s mobile money platform, will initially be available for a limited customer segment and demonstrates the partners’ joint commitment to working together to enhance financial inclusion in West Africa. The focus is especially on micro-entrepreneurs who did not have access to finance before and would like to develop a positive credit record through responsible loan management....

January 10, 2023 · 2 min · 304 words · Deborah Brei

Kcb Launches Pay In Your Own Currency Service In Kenya

Planet Payment, based in long beach New York, is a leading provider of international and multi-currency transaction services. They partnered with KCB to build a service is mostly target to the influx of tourists in Kenya and the hospitality industry. With an eligible Visa or MasterCard, a tourist will be able to pay in their local currency but the merchants will receive the money in Kenya Shillings. This will enable the merchants to offer personalized services to the visitors....

January 10, 2023 · 2 min · 231 words · James Gay

Kenya Pioneering 100 Solar Drying System For Tree Seeds To Tackle It S Decades Long Deforestation Crisis

Logging and drought have caused severe deforestation, leaving only 7% of land covered by forest, and like many African countries, Kenya has set itself a tall target – to raise that to 10% by 2023. Kenya Forestry Research Institute (KEFRI) asked Brunel University London to streamline the way it dries pine seed pods from the forest floor under electric heaters or the sun until their seeds pop out. In August 2021, the team installed a prototype custom-designed 100% solar-powered heat generator and heat storage unit at the government agency’s Muguga plant, 30 km north of the capital, Nairobi....

January 10, 2023 · 3 min · 615 words · Marietta Mederos

Kenya S Asset Recovery Agency Drops Fraud Charges Against Kora

In new court documents, Kenya’s Asset Recovery Agency filed a notice of withdrawal at the High Court of Kenya at Nairobi Anti-Corruption and Economic Crimes Division. In the document drawn and filed on the 19th of October 2022, by state counsel Stephen Githinji on behalf of Kenya’s Asset Recovery Agency director, the agency said that it had withdrawn its suit in its entirety. In a further document issued by the Kenyan Directorate of Criminal Investigation earlier this week, the agency clears Kora of any wrongdoing in the ARA application....

January 10, 2023 · 2 min · 289 words · Stacey Doyle

Kenya S Bnpl Platform Lipa Later Acquires E Commerce Startup Sky Garden

SkyGarden is an ecommerce platform for electronics, home goods, and other products. Its acquisition comes after the startup in October filed an insolvency in the Danish Holding Company Sky.Garden ApS on financial challenges. “Guided by our objective to empower African businesses and consumers to do more by enabling e-commerce, financial inclusion, and shopping all on one centralized and fully integrated platform, our plan has always been to venture into e-commerce with unique value propositions for our consumers,” said Lipa Later CEO Eric Muli The acquisition will allow Lipa Later to fully manage the firm’s operations in Kenya, enabling customers to buy goods and services from a wide-range of sellers electronically....

January 10, 2023 · 2 min · 285 words · Mildred Kelly

Kenya S Pezesha Secures A Seven Figure Seed Extension To Expand Its Embedded Credit Infrastructure Across Africa

Pezesha, which began operations in late 2016, has built a comprehensive digital financial infrastructure that connects small and medium-sized businesses to working capital provided by banks, microfinance institutions, and other financial institutions or networks. The Capital Markets Authority (CMA) granted the startup regulatory approval, and it also became the first Kenyan company to successfully exit the CMA sandbox with a letter of no objection to operate in Kenya. Pezesha, which is already operational in Kenya, Ghana, and Nigeria, will launch in Uganda later this month and plans to expand after raising a seed extension round....

January 10, 2023 · 2 min · 312 words · Candy Hochmuth

Kenya S Top 5 Best Mobile Loan Apps For Android And Ios

Timiza Loan App Timiza loan app has a loan cap of Ksh50 and a maximum loan amount of Ksh100,000. You can, however, push your limits by increasing your activity on the app. To apply for a loan, you simply need to be an M-Pesa subscriber and use other Safaricom services. The interest rate for the Timiza loan app is 1.083 percent, with a 5% facilitation fee. Ipesa Loan App The app makes having a loan as easy as ABC, allowing you to set up a credit account, encrypt details, and protect the holder’s privacy in the most official way possible....

January 10, 2023 · 2 min · 336 words · Wayne Callender