Kenya S Atlas Development Expands To North Africa

The agreement is in line with the Company’s strategy of leveraging its existing profitable operating platform and experience supplying international companies with critical support services and logistics in East Africa, to expand its geographic exposure and profile. Atlas Development is continuing to pursue its objective of building a leading multi-divisional African support services business. In this regard, the Board has been focussed on implementing a defined growth strategy that includes geographic expansion and increasing capability....

December 16, 2022 · 2 min · 356 words · Mel Deshaies

Kenya S Mobile Giant Safaricom Hits 30 Million Active Subscribers

With this new milestone Safaricom has consolidated its lion’s share in the Kenyan telecoms market beating competitors Airtel and Telekom which recently announced a merger to break its monopoly. Key to Safaricom’s growth is its mobile money payments and remittance service M-PESA which was unveiled in 2007 and serves over 21 million active customers and over 162,800 M-PESA Agent outlets countrywide. Safaricom also has a mobile lending and savings product dubbed M-Shwari which allows its customers to save and borrow cash on the go....

December 16, 2022 · 3 min · 551 words · Olin Grossman

Kenyan Retail Tech Startup Marketforce Expands To Nigeria

MarketForce was founded in 2018 by Tesh Mbaabu and Mesongo Sibuti with the goal of assisting consumer brands in improving how they deliver essential goods and services to retailers and consumers by bridging the information gap in last-mile distribution and increasing efficiency throughout the sales and distribution value chain. The startup’s platform leverages mobile devices by enabling field agents to capture all customer interactions as they occur in the field, and then aggregates this data and presents it through live web dashboards MarketForce recently raised over $2 million in Series A funding and has now opened its doors in Nigeria for the first time....

December 16, 2022 · 3 min · 440 words · Mark Tipton

Key Benefits Of Asset Management Software For Your Business

One such method is asset management software. An asset management system is efficient in tracking assets right from purchase, disposal, use, and maintenance. Here are some benefits of incorporating asset management software into your business: 1. Improves accuracy in record-keeping Unlike manual systems such as spreadsheets and paper records, asset management software allows you to accurately and efficiently keep detailed and complex business data. According. It allows you to easily note the accurate time you bought, maintained, or accessed your assets ....

December 16, 2022 · 3 min · 456 words · Hazel Jarvis

Kiwipay A Laos Based Payment Firm Set To Launch In 7 African Countries

KiwiPay has signed an agreement with Laos Central Bank, Laos Ministry of Finance and the Lao Development Bank to provide an easy cashless solution for visa processing in Laos borders and cashless payment capabilities. The firm is also working with governments in several other frontier markets in South-East Asia and up to 7 countries in Africa to launch the service there. According to Gregory Schmidt, CEO & Founder of Kiwi Group, “The solutions has proven the ability to speed up and ease the visa process for tourists....

December 16, 2022 · 2 min · 283 words · Andrew Conrad

Konza Technopolis Gets Additional 73 000 Acres For Expansion

December 16, 2022 · 0 min · 0 words · Christopher Kimble

Kopo Kopo Celebrates 4 Years Launches External Bank Transfers

Our friends at Kopo Kopo forgot their birthday, it happens, especially when you put the client first and remember to send them happy birthday wishes and check on their businesses than your own welfare. But anyway, two weeks late is not so late in Africa. Incorporated in Kenya in August 2011, Kopo Kopo has enabled over ten thousand businesses in East Africa accept mobile money as a payment option through an earlier partnership it had with Safaricom to launch Lipa Na M-PESA....

December 16, 2022 · 2 min · 324 words · Beau Scott

Kpc Launch Its Fibre Optic Cable To Boost Data Delivery

Data will be transported from Mombasa through Nairobi to Western Kenya using the fiber optic cable. KPC will charge $22 per kilometer per fibre core with installation fees attracting a one-off charge of $200 per site. Rack space co-location charges shall cost $850 per cabinet yearly in addition to a one-off installation charge of $3,900 per cabinet. The Cable will be secure and closely guarded against fibre cuts because it will run next to the oil pipeline....

December 16, 2022 · 2 min · 299 words · John Cooper

Lg University Of Nairobi To Train Engineers Architects Contractors

The deal will see LG revamp its Engineering academy and rebrand its showroom as it eyes growth in sales of its innovative HVAC inverter technology, directly targeting professionals in the construction industry, while enhancing technical skills in the local market. According to LG East Africa Managing Director, Sa Nyoung Kim, there is a large gap in the local market both in terms of awareness of the benefits of HVAC inverter technology and the skills needed to install and maintain equipment embedded with the technology....

December 16, 2022 · 3 min · 496 words · Mark Burger

Lg Electronics Inc Records The Highest Operating Profit In Lg S History

LG Electronics Inc ‘s Home Appliance & Air Solution Company accounted for the largest share of the second quarter’s operating profit with KRW 433.7 billion (USD 373.24 million). Revenues of KRW 4.70 trillion (USD 4.04 billion), an increase of 4.8 percent from the second quarter last year, were driven by growth in B2B sales ofair conditioning systemsand strong overall performance in Korea, Europe and Asia. With an improved product portfolio and cost structure, the business unit was able to achieve an operating margin of more than 9 percent....

December 16, 2022 · 2 min · 394 words · Lucy Schiller

Madison Insurance Deploys Sap S Planning Solution For Enterprises

Kenya’s Madison Insurance Company that specializes on Life, Health, Home, Business and Auto covers has announced it has incorporated a planning solution from SAP that is currently live beginning January, this year. Personalized for Insurance companies, the Enterprise Resource Planning (ERP) software was implemented by Turnkey Africa and One Connect, which specialize in enterprise solutions for the insurance industry across the continent. The SAP for Insurance Enterprise Resource Planning solution is designed to achieve Business Process Application functions including, accounting, procurement, fixed asset management, cash flow management and other technology modules that are aimed at establishing and maintaining efficient management processes....

December 16, 2022 · 2 min · 297 words · Guadalupe Tritto

Meet The Woman Who Has Been Empowering Deaf Kenyan Women With Her Startup

So why did she choose to work with the deaf? Megan noticed that there were a lot of projects and brands that were getting a lot of exposure but did not last as companies. One of the biggest reason why artisan projects would not last was the lack of salary consistency. So far they have managed to provide a full-time, consistent salary at Sasa Designs by the Deaf. They are a team of deaf women who have benefited from this new startup....

December 16, 2022 · 2 min · 385 words · Ron Mcpherson

Mfs Africa Acquires Sochitel To Create High Value Transfer Payment Network In Africa

The MFS Africa Hub enables cross-border, cross-currency, cross-network payments within and into Africa, reaching an estimated 100 million mobile wallets across all major mobile money networks. The Sochitel acquisition adds airtime top-up to the MFS Africa portfolio, which already includes remittances, e-commerce and bill payment. On the other end, Sochitel enables international airtime top-up services through a variety of channels and partners. “The time is clearly ripe for consolidation in this industry,” said Faisal Khan, a payments expert specializing in international money transfer....

December 16, 2022 · 2 min · 276 words · Miguel Bradford

Might You Want To Buy Google Reviews

So if your Google business page has very little certain Google business surveys then you ought to think about purchasing. Positive surveys to construct the trust of your clients Buy Google Reviews to build the trust of your customers Presentation Of Google My Business Google My Business is a free and simple to-use gadget for associations and relationship to manage their online presence across Google, including Search and Maps. to assist customers with finding your business and to teach them in regards to your story, you’ll affirm your business and change your business information....

December 16, 2022 · 6 min · 1112 words · Denise Lee

Mobile Tech Startups Apply For The 2 Day Bootcamp In Cape Town

Applications are now open via www.bootcamp.mobi for startups with innovative solutions ranging from but not limited to mobile commerce, entertainment, and financial management. The bootcamp was designed with one thing in mind; to create a platform to bring startups together with telecoms from across Africa for potential integration opportunities. A key challenge facing growth stage startups in Africa is the lack of access and understanding of how big corporations work....

December 16, 2022 · 1 min · 210 words · Richard Atkinson

More African Smes Going Cloud Research Shows

Africa has so far responded well to cloud computing services. A study by Pamoja indicates that cloud adoption has increased by up to three times in some African countries. The study further indicates significant adoption of the cloud services in South Africa’s SME market. According to Pamoja, cloud adoption within the South African SME space has more than doubled between 2012 and 2014. Commenting on the new trend, Albie Bester, CEO of Pamoja, said: “27 percent of the country’s small and medium businesses are using Cloud services for business and this number could double in the next two years....

December 16, 2022 · 2 min · 252 words · Gina Tucker

Moroccan Freight Startup Cloud Fret Raises 390 000 Investment For Expansion

Cloud Fret was launched in 2020 as a transportation and logistics startup. Its platform links loaders and carriers with the goal of eliminating empty truck returns between the Mediterranean’s two ends. Its aim is to use artificial intelligence to optimize truck transportation by tracking the movement of empty cargo trucks and orienting them to cargo that needs to be transported. Cloud Fret aims to totally digitize this procedure in order to reduce transportation costs while also reducing the environmental impact of cargo trucks through an ethical and sustainable model....

December 16, 2022 · 2 min · 221 words · Stephen Thompson

Netflix S Stock Has Taken A Hit As A Result Of Low Subscriber Turnout

The company added 221.84 million users but fell short of the 222 million mark. While this was not a major failure, Netflix’s future projections show lower subscription growth, which adds fuel to the fire. “While retention and engagement remain healthy, acquisition growth has not yet re-accelerated to pre-Covid levels,” Netflix added. The company also mentioned the global economic slowdown as a result of the pandemic. There are also numerous Netflix alternatives, such as HBO Max, Disney Plus, and Apple TV+....

December 16, 2022 · 2 min · 240 words · John Goldberg

New Report Shows That Safaricom Lipa Mdogo Mdogo Customers Have Taken Up To 50 000 Smartphones

Did you know you can now get a phone on a loan and pay for it as you use it? If you’re like me you may be wondering why on earth would I take a phone on a loan? well, for some people a phone is a necessity and upgrading is even more of a need. There’s clearly a high demand for this new package as Kenyans have been taking phones and paying as little as 20 shillings....

December 16, 2022 · 2 min · 300 words · Judy Haycraft

Nigeria S Fintech Paga Launches Making Life Possible Campaign To Tell Their Story

The company’s main focus is on helping both consumers and sellers to pay, get paid, and access financial services. This is achieved directly and also through the Platform-as-a-Service, which enables other 3rd Parties to leverage the deep infrastructure Paga has built to enable endless possibilities. Since its inception, the company has been building an ecosystem to enable the African consumer to send, pay, and bank digitally. Tayo Oviosu, Paga’s founder and Chief Executive Officer, said: “We’re thrilled to launch our ‘Making Life Possible’ campaign....

December 16, 2022 · 3 min · 514 words · Mary Brier