Connect with us

Tech

Kenyan money transfer startup, Kyanda, makes incursion into South Africa

Published

on

Foremost Kenyan money transfer startup, Kyanda, has made a bold incursion into the southern African fintech market by launching its operations in South Africa.

The launching of the money transfer app which aims at helping users make all sorts of transactions at as low a cost as possible, according to its founder, Collins Kathuli, will help “users make cheap and fast money transfers, purchase airtime, and pay bills, among other things.”

Launched in February 2020, the fintech startup has processed over three million transactions since its formation, and Kathuli says Kyanda’s its goal is to build a payment ecosystem that serves both Kenya and Africa as a whole.

“We have other markets in our pipeline. This would be achieved best once we establish the market fit for our products, and of course after we’ve built firm roots in the current locations we’re present,” said Kathuli.

With over US$10 billion being moved within South Africa each year, and over 24 million South Africans sending money to each other daily, South Africa is the first stop on a broader expansion journey, according to Disrupt Africa.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Ghana partners with The Gambia to provide free roaming services

Published

on

Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity.

The plan which is a joint initiative of the Ghana Ministry of Communications and Digitalisation and The Gambian National Communications Authority (NCA) will see mobile users in both countries avoiding extra charges for calls, texts, and data, which in turn, is expected to boost trade, tourism, and economic integration across borders.

The collaboration, according to a joint statement by the two bodies, aligns with the Economic Community of West African States’ (ECOWAS) broader push for seamless regional communication.

“Ghana and The Gambia are forging new paths in West Africa’s digital landscape, implementing a free-roaming initiative,” the statement said.

“This move strengthens regional connectivity while highlighting the role of technological collaboration in fostering economic integration. The initiative enables mobile users travelling between the two nations to make calls, send messages, and use data services without additional roaming fees.”

It further noted that by reducing these costs, the program aligns with the ECOWAS Free Roaming Initiative, which seeks to eliminate barriers to communication across member states.

“It is a boost for trade and travel as the free roaming plan is expected to spur economic activities by streamlining cross-border communication.

“Businesses and individuals travelling between Ghana and The Gambia can now stay connected without worrying about exorbitant charges, facilitating smoother transactions and personal interactions. The initiative is also expected to attract more tourists by ensuring seamless digital access for visitors.

“This collaboration marks another milestone in Ghana’s commitment to expanding digital connectivity, following Ghana’s successful implementation of similar agreements with Côte d’Ivoire, Togo, and Benin, with talks of possible roaming partnerships with Liberia.

“By focusing on digital integration, Ghana and The Gambia demonstrate the power of technology to bridge gaps between countries. This step also serves as a model for other West African nations to join the free-roaming framework, contributing to the larger goal of a connected and economically integrated region,” it added.

Continue Reading

Tech

Tanzania to host 6th Ocean Innovation Africa summit in February

Published

on

Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from February 24-28, 2025, as a flagship event within Regenerative Ocean Week.

The Ocean Innovation Africa is set to be Africa’s most significant platform for Ocean Innovation conservation, and sustainable development in the blue economy. OIA2025 will be co-organised with leading partners, including IUCN, GIZ, OceanHub Africa, Catalyze and the Ocean-Climate Platform.

With the theme, “Science-to-Solution”, the Regenerative Ocean Week will present a line-up of sessions designed to bridge the gap between scientific research, business innovation, policy, and community engagement.

According to the organizers of the event, it will bring together African ocean innovators, investors, researchers, policymakers, and community leaders to explore practical solutions that can be applied across the continent.

“These include the OIA Pitch Competition, which is a platform for Africa-based startups and entrepreneurs to showcase breakthrough ideas in ocean-impact solutions, allowing them to connect with investors and industry leaders and emphasizing Africa’s role in driving sustainable ocean initiatives,” the organizers said in a statement.

Continue Reading

EDITOR’S PICK

Tech3 hours ago

Ghana partners with The Gambia to provide free roaming services

Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity....

Metro3 hours ago

Zambia: APP leader lampoons PF over pledge to reverse forfeited properties

Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF)...

Sports4 hours ago

Ghanaian winger Fatawu out for season with ACL injury

Ghana and Leicester City winger, Abdul Fatawu, has been ruled out of the rest of the EPL season after suffering...

Culture4 hours ago

DRC authorities arrest six over break-in at Lumumba’s Mausoleum

Police in the Democratic Republic of Congo (DRC) say six people have been arrested over a break-in and vandalism at...

Musings From Abroad8 hours ago

Finnish court imprisons Nigeria’s Simon Ekpa for aiding terrorism

  Simon Ekpa, a Nigerian separatist leader based abroad, has been placed under detention by the Päijät Häme District Court...

Metro9 hours ago

Nigerian Senate confirms influx of terrorists from Mali, Burkina Faso into the country 

The Nigerian Senate has raised the alarm over the influx of terrorists from Mali and Burkina Faso who operate in...

Tech1 day ago

Tanzania to host 6th Ocean Innovation Africa summit in February

Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from...

Culture1 day ago

Miss SA opens up on why she withdrew from Miss Universe pageant

Reigning Miss South Africa 2024, Mia le Roux, has opened up on the reasons behind her withdrawal from the Miss...

Sports1 day ago

SA football legend Lucas ‘Masterpieces’ Moripe passes away

South African football legend, Lucas “Masterpieces” Moripe, has passed away at the age of 71 after a long battle with...

Metro1 day ago

Wanted Zambian MP who escaped from prison custody captured in Harare

A fugitive Zambian Member of Parliament (MP), Emmanuel Banda, who escaped from custody at the Chipata Prison in Eastern Province...

Trending