The TECH25 Roundup (Jan. 11 – Jan. 24)
Every fortnight we compile a list of important news updates and events covering the African FINTECH, MFGTECH, CLNTECH, and AGRTECH sectors.
FINTECH Roundup
Mobile Money is improving financial inclusion in Tanzania, via The Citizen.
The mobile money through its transactions is improving the country’s financial inclusion, and hence driving the economic development of the country.
Ark Advisory Alert on Cyber crime, Via Ark Associates.
Ark associations gives indications on the future of cyber crimes due to growth of technology and warns firms to be cautious.
WorldRemit Partners with Vodacom Tanzania, via Tandaabiashara.
This partnership is to help M-Pesa customers receive money from family and friends abroad without the need for a bank account or internet connection.
2020 Will be a Big Year in the China-Africa Tech Sector, via The China Africa Project
Stephany Zoo, founder of the Nairobi-based China-Africa Tech Initiative and head of Marketing Communications of AZA Finance, a currency trading firm located in Kenya, talks about what to expect in the China-Africa tech sector in 2020.
Safaricom, PayPal collaborate for International E-Commerce through M-PESA, via Tandaabiashara.
This collaboration is a huge boost for E_Commerce since it will allow qualified M-PESA customers in Kenya to link their PayPal accounts to their M-PESA wallets and enable movement of funds between M-PESA and PayPal accounts.
Top four purchases on mobile money by East African Youth, via The Citizen.
In Tanzania youth spend most of their time in gambling or sports betting compared to the Kenya, and Uganda.
M-PESA, Shaping The Financial Inclusion Journey For Kenyans, via Soko directory.
M-Pesa by Safaricom in Kenya has helped Kenya rise ahead of other countries in East Africa in financial inclusion.
China’s ZTE, local telecom firm start 5G technology trial in Uganda, via Xinhuanet.
This makes Uganda the first country in East Africa to have 5G technology which is believed that it will have a positive impact on the country’s economic development.
Open Application Programming Interfaces will power Uganda’s digital economy, via PML Daily.
Reasons why Open Application programming will be significant to the development of the digital economy in Uganda.
CLEANTECH Roundup
Eco-Friendly Battery can Light up Homes in Sub-Saharan Africa, via Azocleantech
A start up by two graduates from EPFL’s School of Engineering (STI) has developed an Eco-friendly battery currently tested by families in Tanzania that will allow people to light their homes and charge their cell phones.
A turn to Cleantech makes a Tanzanian a billionaire, via The Citizen.
The acquisition of KopaGas proprietary technology to United Kingdom-based Circle Gas Company made Adron Mendes Tanzania’s latest billionaire.
Tanzania is set to host East Africa’s center of Excellency in Renewable Energy training, via Daily News.
With the support from the World Bank, Tanzania’s Kikuletwa Training Center will be a training Center of excellence in hydro-power related training in the East Africa region.
Edinburgh Cleantech startup secures funding to begin trials in Rwanda, via altenergymag.
World’s first-pack-able solar thermal collector set funds to further develop its solar technology and commence pilot in Rwanda.