Private sector innovation for the public good: why NGOs should embrace the digitisation of payments and collections

By  Annalisa Plachesi, UK & EU GDO Relationship Manager, MFS Africa    Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have been created, leading to higher incomes that help sustain economies and millions of households.   For the most part, however, that innovation has resulted from private-sector initiatives. But it doesn’t have to be that way. Non-governmental organisations across the continent should also embrace the digitisation of payments. In doing so, they can deliver funds directly to a broader…

KCB Puts in KShs. 130M for Drought Response

KCB Bank Kenya has committed KShs.130 million to support the country’s drought response initiative, providing food and essentials to thousands of households. The support will go towards augmenting government efforts in cushioning households hard hit by the ravaging drought and who now require an urgent supply of foodstuff and water. The funds will be channeled through the Kenya Bankers Association-led drought response (KShs.100 million) while the rest will be through the KCB Foundation, the social investment arm. The bank through the Foundation has already distributed food to various ASAL counties…

How will geopolitical uncertainty and the economic downturn affect investment in the African healthtech sector?

At the height of the COVID-19 pandemic, the world was primed for a substantial increase in health and biotech spending and investment. Governments and the private sector alike promised to dedicate funding so that they would be adequately prepared for the next pandemic if or when it came.   Over the course of 2020 and 2021, those promises appeared to be materialising. Globally, healthtech companies raised US$57.2 billion in 2021, a 79% increase from the US$32 billion raised in 2020, which itself was significantly higher than the approximately US$20 billion…

Volkswagen Going Green By 2030 In Africa

Volkswagen is exploring opportunities of manufacturing electric vehicles (EVs) in Africa by 2030. The manufacturing of EVs in Africa is dependent on factors such as the method of generating electricity, the stability of the power grid, availability of charging infrastructure and customer interest. Martina Biene, Chairperson and Managing Director of Volkswagen Group South Africa (VWSA) commented, “We believe that Africa has the potential to leapfrog from internal combustion engines (ICEs) into EVs due to a growing young population who are embracing the need for carbon-neutral mobility. Africa is blessed with…

Faulu expands its digital offering and agencies, eyeing a youthful customer base

Faulu Bank has announced a move to expand its digital offering following a thorough product rationalization exercise that saw the bank revamp its product offering. This was a strategic move to boost customer experience, offer convenience and tap into the available youthful customer base. Commenting on the revamp, Faulu Microfinance Bank Managing Director Apollo Njoroge said, “The future of Banking is digital. We believe this move will enable more people, especially the younger generation to not only access soft loans easily but also enjoy a seamless and easy service offering.” The product…

Huawei eyes port business with new system

Huawei technologies has set its targets on sea and inland ports with a new system designed to enhance their operational efficiency. Known as an Intelligent Horizontal Transport System for ports and harbors, the technology has been achieved by unification of data sharing using smart technologies including the latest 5G, cloud computing, big data and Internet of things. The new technology is designed to simplify the running of modern ports such as Mombasa which has a new container terminal built at a cost of USD 280 million, have increasingly grown complex…

Narok’s sewer system cited as an example of how innovative technology can solve health challenges

Narok Town’s first sewerage system has been internationally recognised for its positive effects on reducing incidences of waterborne diseases.   Narok’s modern sanitary sewer network and treatment plant which was commissioned in late 2020 has been used as a case study at the Plastic Pipes XIII Conference, organised by the Southern African Plastic Pipe Manufacturers Association (SAPPMA).   The South Rift Valley town’s sewerage system used 5 kilometres of Weholite HDPE structured wall pipes which has resulted in reduced incidences of waterborne diseases.   “Anecdotal evidence from the Department of…

The African Union Malaria Conversation Guide For ‎Youth In Africa Officially Launched

The African Union Commission, Department of Health, Humanitarian Affairs and ‎Social Development launched the first continental conversation guide on malaria for youth in Africa‎ at a virtual event hosted by the AIDS Watch Africa Secretariat (www.aidwatchafrica.net) on Friday, 12 August 2022 (International Youth Day)‎ ‎from 11:00 am to 1.00 pm ‎‎(GMT+3)‎. The launch was held under the theme: ‎“Strengthening Youth Leadership and Engagement in Policy Dialogue for Malaria ‎‎Elimination in Africa‎.”‎   A study led by the RBM Partnership to End Malaria ‎highlighted that  9 in 10 African youths want to take personal action to fight against malaria, with ‎almost two-thirds believing the…

Beauty Pageant for Peace held in Nairobi ahead of elections

Wezesha Youth Initiative on Saturday 25th June 2022 held Mr and Miss Tranquility Kenya, a beauty pageant aimed at using fashion and art as a tool of peace and cohesion as we gear up for the elections. With it’s theme been in pursuit of peace love and harmony, it was the first edition of the event with various political stakeholders, artists, models in attendance. Speaking at the event, Kenya Film and Classification Board (KFCB) Communications Director, Nelly Muluka, who represented the Chief Guest KFCB CEO Christopher Wambua, said that the…

Going For a Trip? Here Are 5 Reasons Why You Need to Pack the LG XBoom Bluetooth Speaker

Over the weekend, a couple of friends and I decided to tour the Ololosokuan Nature trail. With most of us working from home, all we needed was a break away from the indoor ambience and for once embrace the beauty that nature has to offer. The atmosphere was welcoming, birds chirped and it was all fun climbing the rocks and seeing the different types of tree species. To spice our trip, we carried along the LG XBoom Go PL5 portable Bluetooth Speaker with us. Trust me, you need some music to psyche…