How East Africa can unlock Big Data

How East Africa can unlock Big Data

In this era of Big Data, characterized by radical customization, constant experimentation; unique business models are the new hallmarks of achieving competitive advantage. Organizations that analyze huge volumes of data have the edge. East Africa should not be left behind; below are recommendations that companies within the region should pay attention to. Increase the variety of data collected by your company but start with questions and be aware of the mountains of data available in your…

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Kenya ‘attracting lion’s share of investments’ in East Africa

Kenya ‘attracting lion’s share of investments’ in East Africa

A total of $9.3 billion in ‘impact-investment’ funds have flowed into East Africa over the past five years, with almost half of that amount being disbursed in Kenya, according to a new report.07 Aug 2015. The ‘Landscape for impact investing in East Africa’ report, based on research funded by the UK Department for International Development’s impact programme, said the investments in Kenya exceeded $650 million in that period. Direct investments by development finance institutions (DFIs)…

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Uganda and Kenya borrowing causing concern

Uganda and Kenya borrowing causing concern

Fitch has maintained a ‘B+’ rating with a stable outlook for Kenya while Uganda has a ‘B’ rating with a positive outlook. Other analysts say Kenya is borrowing more than other countries in the region and wonder why the Treasury is increasingly borrowing even when some of the funds never reach their intended users. Total public debt stands at Sh2.4 trillion which is equivalent to at least 46 per cent of the general economy. Kenya…

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Kenya: Jumia customers to pick parcels from Post Office

Kenya: Jumia customers to pick parcels from Post Office

Online shopping web portal Jumia has signed a deal with the Postal Corporation of Kenya (PCK), which will allow its customers to pick up items bought on the website from 500 post offices. Online shopping web portal Jumia has signed a deal with the Postal Corporation of Kenya (PCK), which will allow its customers to pick up items bought on the website from 500 post offices. Jumia hopes to attract more customers through the partnership…

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Fin-techs Big Opportunity in Africa

Fin-techs Big Opportunity in Africa

  Report by tech crunch.com Paying at a local coffee shop or superstore with your smartphone instead of your bank card is convenient, but not much more convenient than using a credit card. While there is significant disruption in some fintech areas, such as international money transfer by companies like TransferWise and Azimo, other innovations can seem a bit cosmetic to Western users. One real opportunity is to fundamentally change how more than a billion…

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