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Staff Writer
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Kenya’s GDP to grow by 4.7%, supported by digitisation
An economic outlook published by Mastercard has highlighted digital adoption and advances made by the East African country, which are helping to support strong economic growth.
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40 percent of Kenyan SMEs use digital payments
Kenya’s digital payments landscape is experiencing a dynamic growth, fuelled by a rising preference for innovative payment methods, says Chad Pollock, VP and general manager, Visa East Africa said.
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Zambia provides public free WiFi in Lusaka
Zambia unveils free public WiFi at the InterCity bus station in Lusaka to help bridge the digital divide.
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Safaricom to launch second money market fund
The Kenyan telco has received regulatory approval from the country’s Capital Market Authority to launch Zidi.
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M-KOPA assembles 1.5m phones in Kenya
M-KOPA also aims to begin exporting locally produced phones to Uganda.
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How ChatGPT can help Africa’s financial services industry
Financial Services Institutions are adopting generative AI capability to better empower employees, such as relationship managers or advisors, to create better experiences with customers.
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Know Your Customers, better
Banks can now adopt personalisation technology that harnesses the power of AI to manage customers, says Dennis Lupambo, managing executive, Mint Africa.
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Keeping up with the mobile banking evolution
The use of mobile devices is exploding across the banking, trading, and insurance markets.