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Kenya startup ecosystem: welcome to the land of mobile money

by Celine | Dec 11, 2013 | Corporate Innovation, Countries, Innovators, Markets, Startups

The Kenya startup ecosystem is often described as a one of the hottesĀ in Africa, alongside South Africa, Nigeria and Ghana. Its mobile money system, known as MPesa, is praised, copied, lauded, but it’s not the only feature of its startup scene. How this West...

What MPesa has done right and where it is headed

by Celine | Nov 30, 2013 | Corporate Innovation, Countries, Innovators, Markets

DuringĀ Afrikoin, theĀ first mobile money and digital currency conference held in Nairobi, I met withĀ Brian Muthiora. Brian joined the local branch ofĀ GSMA, the global association for mobile operators, after 5 years atĀ SafaricomĀ handling the regulation issues for MPesa,...

Helping African merchants to accept mobile money: an Afrikoin discussion on education to new currencies for businesses

by Celine | Nov 26, 2013 | Corporate Innovation, Countries, Innovators, Markets

Several online payment providers from East Africa attendingĀ AfrikoinĀ discussed another hurdle/opportunity in the mobile money field. If customers seem to enjoy MPesa as way to send and receive money,Ā merchants need another approach to be educated and convinced to join...

Big data in Africa: how an insurance company provides an optimized cover for farmers in Kenya

by Celine | Nov 24, 2013 | Corporate Innovation, Countries, Innovators, Insurtech, Markets, Trends

If you don’t have data on your business, how are you going to run it? Well, more likely than not, you’re going to use HIPPO,Ā saysĀ Joel Macharia, founder ofĀ Abacus, a provider of data solutions for businesses. HIPPO stands for theĀ “HIghest Paid...
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