A serial entrepreneur, he is the creator of several technological solutions that particularly assist businesses. His goal is to help companies better manage their activities and increase their profits.

Kenyan entrepreneur Stephen Nyumba (photo) is the co-founder and CEO of PokeaPay, a company that offers a comprehensive customer management and payment processing solution. This platform acts as a payment gateway for East Africa, simplifying financial transactions.

Established in 2020, PokeaPay is dedicated to providing customized and innovative solutions to support its clients’ growth. Besides facilitating payments, it assists businesses in enhancing customer interactions and improving the quality of sales. It also equips them with valuable data for making more informed strategic decisions.

PokeaPay supports its clients throughout every stage, from customer acquisition to payment completion, including conversion and sales. It accepts a variety of payment methods, including VISA, MasterCard, M-Pesa, Airtel Money, and Pokea Wallet.

Stephen Nyumba’s contributions extend beyond PokeaPay.  The tech entrepreneur has a wealth of experience in technology. In 2004, he co-founded Intrepid Data Systems, a company that specializes in productivity solutions for businesses. He also established the Local Development Research Institute in 2015, an action-oriented think tank aimed at eradicating poverty, hunger, and inequality in Africa.

In 2010, he co-founded iPay Limited, a startup that offers real-time payment processing and billing services, licensed by the Central Bank of Kenya.

Stephen Nyumba earned his Bachelor’s degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology in 2007. He embarked on his professional career in 2002 as an IT Administrator at Centurion Systems, a center for training and technology transfer.

Melchior Koba

 

Posted On mercredi, 08 mai 2024 08:29 Written by

The entry of major e-commerce players into African markets will ignite competition, innovation, and investment in the digital economy, leading to improved online access, job creation, and greater prospects for local businesses. This will play a significant role in fostering digital growth and economic development across the continent.

E-commerce giant, Amazon.com Inc., has launched Amazon.co.za in South Africa, today May 7.

We are excited to launch Amazon.co.za, along with thousands of independent sellers in South Africa. We provide customers with great value, broad selection including international and local products and a convenient delivery experience," said Managing Director of Amazon Sub-Saharan Africa, Robert Koen, in an Amazon statement.

Following last October’s announcement to expand into the region, the platform offers a wide product range from local and international brands. Customers can access Amazon.co.za via the Amazon Shopping App or browsers, with fast delivery options and 3,000 pickup points.

The launch enables local businesses to reach a wider customer base, featuring South African brands alongside international ones.

Amazon reveals that more than 60% of sales in Amazon’s stores globally are from independent sellers—most of which are small and medium-sized businesses. This underscores the potential for leveraging digital platforms to drive economic growth in Africa and create jobs, as it highlights the significant contribution of independent sellers, primarily small and medium-sized businesses, to overall sales.

By providing opportunities for businesses to thrive on digital platforms, there is the potential to stimulate economic activity, foster entrepreneurship, and generate employment opportunities across the continent.

Hikmatu Bilali

Posted On mercredi, 08 mai 2024 04:48 Written by

Every May, we commemorate Africa Month, marking a time when the colours of African heritage and the bright promise of its future are brought to the forefront through vibrant celebrations. This year, we're thrilled to partner with the African Union to amplify these celebrations, inviting the world to #DiscoverMyAfrica through the power of YouTube Shorts,” Google reveals

The #DiscoverMyAfrica Challenge is part of the African Union’s collaborative effort in driving innovation through strategic partnership with Google, through the Office of the Youth Envoy, Make Africa Digital (MAD) initiative,” an AU release, dated May 2, states.

This initiative celebrates Africa's diversity and heritage, empowering youth to share their stories globally. The challenge covers various aspects of African life, including music, art, food, fashion, and landmarks.

Hikmatu Bilali

Posted On mardi, 07 mai 2024 17:01 Written by

Information and Communication Technologies (ICTs) offer a powerful engine for progress across Africa.  Their potential to improve governance, stimulate economic growth, and drive social development is undeniable. Recognizing this, African governments have a critical role to play in embracing these technologies and adapting to the transformative changes they bring.

SciTech DiploHub, a Barcelona-based organization specializing in science, technology, and international affairs, announced the launch of a Scientific Diplomacy Center for Africa in Kigali, Rwanda, on May 6th.

This new center is a hub designed to foster collaboration among various stakeholders. Scientists, diplomats, policymakers, tech entrepreneurs, and multinational companies will all come together to promote collaborative research and technological development initiatives across Africa.

"The launch signifies a strategic move," declared Alexis Roig (CEO, SciTech DiploHub), pictured left. "It aims to solidify international collaboration between leading research institutions, universities, and companies within Africa's burgeoning scientific and technological landscape."

The project is spearheaded by SciTech DiploHub and boasts a robust network of partners. This includes the municipal governments of Barcelona and Kigali, the Rwandan government, the Network of African Science Academies (NASAC) representing over 30 academies continent-wide, and the Association of African Universities encompassing over 400 universities in 50 African nations. Additionally, over 30 Spanish universities, organizations, and research centers affiliated with SciTech DiploHub will contribute to the initiative.

The project is propelled by an initial investment exceeding 3 million euros, secured through contributions from founding institutions and co-financing funds provided by the European Commission, aligned with the African Union - European Union Innovation Agenda.

Over the initial three years, the Center plans to train over 2,500 African professionals in the nuances of scientific and technological diplomacy. Additionally, it will support the development of innovative science policy strategies for roughly 20 national and local governments throughout the region.

Samira Njoya

 

Posted On mardi, 07 mai 2024 10:09 Written by

Various initiatives have been implemented in recent years to foster technological innovation in Africa. One of them in Timbuktoo, which was launched last January at the World Economic Forum in Davos, Switzerland.

On Friday, May 3rd, Beninese authorities and the United Nations Development Programme inaugurated the University Innovation Pod (UniPod), an innovation hub located on the campus of Abomey-Calavi. The goal is to help young people express their creativity and talents by bringing innovation projects to life.

"UniPod Benin arrives at a perfect moment," said Félicien Avléssi, Rector of the University of Abomey-Calavi. "It undoubtedly serves as a true engine of development for our university. This hub's contributions will be crucial in achieving our ambition to remain at the forefront of technological innovation in Benin and Africa."

The UniPod complex offers a comprehensive space for young innovators. It features a coworking space, a design lab equipped with computers featuring specific professional software and 3D printers to facilitate industrial and electronic design projects, a makerspace that brings together several manufacturing workshops with appropriate equipment, and a technology transfer office that will protect innovation and bring it to market or closer to industry and the private sector.

The implementation of this project is part of the Timbuktoo initiative, which aims to mobilize and invest $1 billion in catalytic and commercial capital to fill critical gaps and support the startup ecosystem on the continent. With the rise of challenges in securing funding for African startups, initiatives like UniPod are crucial for fostering a vibrant landscape of technological innovation on the continent.

Apart from Benin, 15 African countries are expected to host Unipods. They are notably Mali, South Sudan, Malawi, Rwanda, Uganda, Mauritania, Sierra Leone, Togo, Liberia, Lesotho, Guinea, Zambia, The Gambia, Burkina Faso, and Gabon.

Adoni Conrad Quenum

 

Posted On mardi, 07 mai 2024 09:12 Written by

After working in the mobile money sector for several telecom operators in West Africa, two tech entrepreneurs ventured into the same market in the mid-2010s by establishing a fintech company.

Wizall Money is a fintech solution established by a subsidiary of Groupe Banque Centrale Populaire. It offers both individuals and businesses access to a variety of financial services. Headquqrtedred in Dakar, it was founded in 2015 by French entrepreneur Sébastien Vetter and Congolese entrepreneur Ken Kakena.

Wizall Money includes a mobile app that’s available on both iOS and Android platforms, with the Android version boasting over 100,000 downloads. Once the app is downloaded, users can set up an account and gain access to a wide range of services. The Wizall Money Pro feature allows businesses to pay employee salaries, settle bills, collect payments, and carry out bulk payments.

The startup explains, “If your employee has a Wizall Money account, the funds will be directly deposited into their account. If they don’t have an account, they’ll receive a withdrawal code via SMS. All withdrawals with Wizall Money are completely free.”

Individuals can use the Wizall Money feature to send money to family members, regardless of whether they have a Wizall Money account. They can also pay merchants with just a few clicks, buy airtime, and settle electricity and water bills, among other services.

Like many other fintech startups in Africa, Wizall Money has a network of agents that make its services more accessible. In addition to Senegal, the startup operates in Côte d’Ivoire, Burkina Faso, and Mali.

Adoni Conrad Quenum

 

Posted On mardi, 07 mai 2024 08:54 Written by

Across Africa, microfinance has the potential to be a game-changer for financial inclusion. These institutions offer services that can empower vulnerable individuals by providing them with a safety net against life's unexpected challenges.

On Friday, May 3rd, telecommunications operator Orange Guinea officially launched Orange MicroFinances Guinée (OMIG), its microfinance program. This initiative leverages Orange Money to deliver accessible and inclusive financial services to local communities.

"Credit and insurance remain underutilized within mobile financial services, despite their vast potential for African populations," explained Ousmane Boly Traore, CEO of Orange Guinea. "Through OMIG, we aim to empower micro-entrepreneurs, particularly women, by offering them credit and savings solutions tailored for success, wherever Orange Money operates."

OMIG will provide a range of services accessible through the Orange Money app or USSD menu, targeting micro-entrepreneurs and those without access to traditional banking. This includes loans, money transfers, and savings options. These services aim to simplify and streamline business development and financial goals. Customers will benefit from a fully digital experience, competitive loan and savings rates, and the ability to manage repayments, accounts, and track loans directly within the app.

By introducing OMIG, Orange aims to drive financial inclusion and economic growth in Guinean communities. The diverse services offered by OMIG are expected to further encourage and stimulate entrepreneurship within the country.

Samira Njoya

 

Posted On mardi, 07 mai 2024 08:27 Written by

By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability. Moreover, they pave the way for greater investment, innovation, and collaboration in key sectors, ultimately driving sustainable development across the continent.

India and Ghana have decided to fast-track the linkage of India’s Unified Payment Interface (UPI) with Ghana’s Interbank Payment and Settlement Systems (GHIPSS). This will facilitate real-time fund transfers between users in both nations within a six-month timeframe. The decision was made during a Joint Trade Committee (JTC) meeting held in Accra from May 2-3.

This step is a part of India’s broader strategy to globalize its UPI system, which has already made its mark in countries such as France, the UAE, Sri Lanka, and Mauritius.

The JTC meeting also brought to the table potential agreements on digital transformation solutions and the adoption of the Local Currency Settlement System (LCCS) under the African Continental Free Trade Agreement. The LCCS is designed to enable cross-border transactions in local currencies, thereby reducing dependence on third-party currencies.

The meeting identified several sectors for increased bilateral trade, including pharmaceuticals, healthcare, ICT, agriculture, renewable energy, and digital infrastructure.

According to the World Bank, in a press release dated April 28, 2022, Ghana stands out as a digital frontrunner in Sub-Saharan Africa, with its digital sector demonstrating robust growth, averaging 19 percent annually from 2014 to 2020.

The 2020 Payment Systems Oversight Annual Report by the Bank of Ghana reveals that the Ghana GhIPSS experienced a 103% surge in processed transactions by the end of 2020. The platforms handled a total of 77 million transactions, double the 2019 figure of 38 million. This surge suggests a shift towards digital transactions, highlighting the increasing adoption of digital financial services and the expanding digital economy in Ghana.

Hikmatu Bilali

Posted On mardi, 07 mai 2024 08:01 Written by

She is a digital transformation consultant, a trainer, and a coach in digital skills. Her goal is to help businesses operating in Africa stay informed and grow their operations.

Jemila Abdulai (photo) is a Ghanaian blogger and entrepreneur. As the founder of Circumspecte, a digital platform and consultancy firm, she provides a wealth of information, inspiring experiences, and creativity-focused services.

Founded in 2007, Circumspecte is more than just a development consultancy. It supports digital transformation and skill development in Ghana and beyond. Within Circumspecte, Jemila Abdulai not only serves as the founder but also as a digital transformation consultant and trainer in digital skills. Her goal is to inspire creative and meaningful actions across the African continent.

Since its inception, Circumspecte has trained over 1,000 Africans in digital skills and also offers communication services. Moreover, the company organizes and covers digital events, contributing to the vibrancy of the digital landscape in Ghana and across Africa.

Mrs Jemila also serves as Head of Digital and E-commerce at Stanbic Bank Ghana. In this role, she engages stakeholders throughout the digital platform value chain to ensure optimal functionality for all clients, whether consumers or high-net-worth individuals.

The Ghanaian entrepreneur holds a bachelor's degree in economics, earned in 2008 at Paul Valéry University in Montpellier, France, and a master's in international economics and business from Johns Hopkins School of Advanced International Studies (SAIS) in Washington, D.C., in 2013.

Her professional career began in 2009 at Devex, where she was a correspondent covering international development. In 2010, she was appointed Regional Program Coordinator at the African Women's Millennium Initiative. In 2011, she worked as a Partner Support Associate at Esoko, a tech company that provides mobile and web-based solutions.

In 2012, she joined the African Center for Economic Transformation (ACET) as a communications consultant. In 2013, she became a research consultant at the World Faiths Development Dialogue, an organization that fosters dialogue among global organizations. From 2013 to 2015, she worked as an Operations and Communications Assistant for the African Community of Practice (AfCoP) project at the African Development Bank.

Her influence and dedication have been recognized repeatedly. In 2018, she was named one of the 50 Most Influential Young Ghanaians by Avance Media, and in 2020, she received the prestigious Presidential Award for Excellence in Digital Media in Ghana. In 2021, she was named a Digital Skills Champion by the Coalition for Digital Equality.

Melchior Koba

Posted On lundi, 06 mai 2024 15:19 Written by

The Burundian government has pledged to modernize services offered to citizens. However, several regions of the country still lack comprehensive internet coverage and digital skills, limiting access to digital services in these areas.

On Monday, April 29, the Ministry of Communication, Information Technology, and Media announced the launch of a national survey on ICT access and usage among households, businesses, and public administrations in Burundi. This initiative aims to assess the state of digital service usage and access while identifying the knowledge and needs of the Burundian population.

According to Thierry Kitamoya (photo), Assistant to the Minister for ICT, this survey is part of the Digital Economy Foundations Support Project (PAFEN), financed by the World Bank to the tune of $92 million. The PAFEN aims to expand broadband internet access for underserved populations, enhance the government's capacity to provide digital services, and lay the groundwork for accelerated digital economy development in Burundi.

The survey, which began on April 29, will continue until May 17, led by the Burundian Center for Population and Development Studies (CERPED) and the Tunisian company SFM Technologies. The survey will target varied samples across different communes and provinces to provide a comprehensive overview of ICT access and usage in Burundi.

The survey results will inform the design and goals of digital access programs, the formulation of new broadband policies, and the assessment of ICT penetration levels in Burundi.

Posted On lundi, 06 mai 2024 13:32 Written by

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