In a statement by the OPEC Fund, the loan is intended to boost EADB’s lending to small enterprises in Kenya, Uganda, Tanzania and Rwanda. Opec Fund director-general Abdulhamid Alkhalifa, said in the statement, “We are pleased to support private sector development in East Africa, which goes to the core of our mandate.” EADB Director General, Ms Vivienne Yeda, said that the funds will be deployed to “promote enterprises that generate employment opportunities, social economic development and consequently promote regional integration....

Here are the careers paths with high-paying salaries and exponential demand in the long term; Medical Professionals IT Specialists Business Analysts Marketing Managers Medical Professionals Regardless of when the pandemic ends, the ever-growing demand for medical professionals and registered nurses will naturally exist. An aging population will put healthcare workers in increasing order. Here are the various levels for entry for each healthcare job; They provide emergent care for patients who are injured....

No doubt, gambling aficionados have adjusted very well to the online world but the opening of online casinos have also brought in many newbies who want to try their hand at it. This has its own share of risks for the ones without any experience with casino games. In this post, we bring to you certain tips for newbies which will help you understand online casinos better. Let’s get started....

The Reno5 F costs Ksh 10000 less than the normal Reno5, but does it really mean it is less superior? The short answer is no, because the device is as impressive as the Reno5, with just a few compromises (that really wouldn’t be a bother for most people). In the box The specifications Assessment Mass: 172g Screen: AMOLED, 6.43 inches, 1080 by 2400 pixels, no faster screen refresh rate Software: Android 11, ColorOS 11....

Taking place in 3 major African cities during the month of November – Lagos, , Johannesburg, South Africa on the 9th and Nairobi, Kenya on the 11th. The Oracle Digital Day will cover: Cloud Infrastructure – hardware and software systems, storage, servers and processors IT systems development – development tools PaaS and IaaS – state-of-the-art technological platforms in the Cloud EPM and ERP systems available in the Cloud HCM solutions in the SaaS model Customer Experience – cloud solutions for ensuring excellent customer relations...

Furthermore, in Jordan, Orange has launched three solar farms to switch to clean and renewable energy helping to reduce its carbon footprint. In 2020, these solar farm projects covered over 65% of Orange Jordan’s energy needs. Since 2018, the company has successfully reduced its CO2 emissions by 45 kilotons thanks to this solar infrastructure.Alioune Ndiaye, CEO of Orange Middle East and Africa says: “We are proud to be the first company by number of solar panels in 5 countries in Africa and the Middle East....

Parents and telecom operators who violate the Child Online Protection and Safety Guidelines will face a fine of Ksh 300,000 or a six-month prison sentence or both. Telcos, Internet service providers, and app developers are required to check the age of their customers under the standards. This is a step toward regulating the registration of youngsters who use SIM cards or cell phones. Parents must register their children using SIM cards, otherwise, they may be fined....

Sub-Saharan African countries have had over a decade of pioneering regulation that opened up competition and got communications services to a large number of people. But competition has turned to consolidation and the new data-driven future poses difficult challenges. The period from 1994-2010 will probably be seen as the golden age of regulation in Sub-Saharan Africa. New regulatory bodies issued licences to eager investors willing to compete with each other to make money in this new industry....

This means that cryptocurrencies have now become even more accessible and are now on their way to becoming more mainstream. This also brings many more opportunities for bitcoin trading. In this article, we are going to discuss what this new service is, its effects on cryptocurrency and how bitcoin has been affected by it. What is This New Service? This new service launched by PayPal basically allows its users to be able to buy and sell cryptocurrencies such as bitcoins directly from their PayPal account....

Additionally, the service provides a safe and convenient way of utilities and paying bills such as house rent and school fees directly to the landlord’s account or school account. This is a convenient way of Africans in the diaspora to pay their bills on time without having to go through numerous channels. The service will benefit people with bank accounts in Kenya, Uganda, Senegal, Mali, Benin, Togo, Niger, Burkina Faso,Guinea Bissau, Ivory Coast and China....

Formerly operating under the name of ROAM Jobs, The African Talent Company is expanding its services to cover the full spectrum of African Talent Management by holistically addressing the challenges that exist in Africa’s labour market. Speaking on the launch, ROAM Africa CEO Clemens Weitz commented, “Today, Africa’s labour markets have large inefficiencies, but have the potential to play a great part in the global economy. Addressing this challenge requires deep focus and strong partners....

The project is in line with Rwanda’s strategic vision 2020 plan geared towards achieving a rapidly growing economy in an environmentally positive manner. The plan is to achieve this by letting the private sector spearhead the growth. The fund is a godsend for young entrepreneurs in the country which has very few VC funding bodies and local investors willing to support early-stage ventures. Abdu Mukhtar, Director at the Bank’s Private Sector, Industrialization and Trade Development Department said, “By extending this loan to the Government of Rwanda, the Bank wants to enable the country to develop the sector and attract private investors....

“The average football fan in Africa views up to 15 different websites daily to get their fix of news from across the continent and Europe. Our team finds the latest news and stories from these sites, summarizes them in their original language and also English, and then adds these breaking articles to a feed similar to Twitter,” said Thomas Harvey, founder of Sokkaa.com With a team of journalists and content collectors that search out all the latest African and Euro football news and then summarize it in a twitter style feed, Sokkaa collects all the breaking news and show it in one easy place, eliminating the need to surf all these sites which can take lots of time and uses precious mobile data....

Contactless payments ensure SMEs have to easily and securely accept payments from their customers for goods or services. Nedbank says the ‘tap-on-phone’ solution was inspired greatly by the ongoing coronavirus pandemic and the social distancing rules that it resulted in, in many African countries and beyond. This contactless payment method reduces risk of merchants and customers contracting the disease from each other by reducing the need for prolonged if any physical contact....

Ozow was founded in November 2014 by Thomas Pays, Mitchan Adams, and Lyle Eckstein, who saw a need for an efficient and secure online payment system in the local market and rebranded from i-Pay in April 2019 to focus on assisting SMEs with payments. Millions of merchants and consumers can use QR codes, point-of-sale, e-commerce, e-billing, and peer-to-peer payments because the company makes alternative payment alternatives simple, fast, and safe....

Chipper cash plans to roll out free and unlimited peer-to-peer payments in South Africa, as well as other features such as the ability to buy airtime, data, and legally buy and sell cryptocurrency. Chipper’s service and digital payments are intended to revolutionize the local community. The partnership will not only provide new fintech services to locals, but it will also enable efficient and secure financial transactions across the continent. Because it will use Ukheshe’s Eclipse API framework, the partnership seeks to work in harmony, allowing existing Chipper customers to use this function....

Arrowroot Capital led the round, which also included Kennedy Lewis Investment Management, Endeavor Global, and Harvest. Clickatell will use the Series C funding to accelerate the development of its service, expand its footprint in the United States, and scale its sales and marketing operations, which has seen double-digit profitable growth for several years. The funding will also enable the firm expand its engineering capabilities. Over 200 roles have already been set aside, with a significant emphasis on bolstering its African skills complement in the coming months....

According to Michael Joseph, outgoing CEO, Safaricom, the investment into Circle Gas would empower millions of Kenyans with affordable access to clean cooking gas as M-Gas would provide its customers with an M-Gas setup which will include a gas cylinder and a 2-burner gas cooker at no upfront cost. Normally, a gas cylinder and gas cooker cost way above KES 6,000 and KES 2,000 respectively and refill cost around KES 2,000 per cylinder....

Safaricom’s parent company, Britain-based Vodafone, will license the use of the M-Pesa trade name to an Ethiopia-based bank while Safaricom will host the servers in Nairobi, according to an industry source to Reuters. Ethiopia’s state telecommunications monopoly, Ethio telecom, will carry the service. M-Pesa has nearly 30 million users in Kenya since its launch in 2007. It is a major contributor to Safaricom’s revenues, accounting for a third of the total....

When Fuliza started, a lot of people never saw a day when they could purchase an item without actually having the money to do it. Fuliza is an immediate process for those who have a deficit on their M-Pesa and since it’s been doing so well the business will not only be limited to people who use it to send cash and pay bills but also for businesses. Recently, Fuliza also made it possible to buy airtime as opposed to using Okoa Jahazi, previously Safaricom customers would have to use pay bill numbers to buy airtime from their Fuliza balances....