A few weeks back, Kenya Power announced that its customers can only buy KPLC tokens or pay their bills through M-Pesa. The company said that third party apps (including banking apps) will no longer be used to buy tokens or to pay your Kenya Power bill. Customers will only be able to use the 888880 paybill number from now on. This is for those buying Kenya Power tokens, prepaid customers will only use the 888888 paybill number. This is not ideal for most people as this paybill number is known to be slow at times compared to some of the…
Author: Brand Spot
Brand Spot
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M-Kopa, has released its 2021 impact report that shows its social and environmental impact. The report presents findings on M-KOPA’s smartphone, solar and cash loan customers across Kenya, Uganda, Nigeria and Ghana. While much of the impact has been realised in East Africa, M-KOPA recorded rapid growth following its expansion into West Africa over 2020/21. Key highlights of M-KOPA’s social and environmental impact at the end of 2021 include: $600 million of credit unlocked for customers; 4.5 million lives improved with life-changing products; Over 1 million solar home systems sold, avoiding 2 million tonnes of CO2 emissions; Over 1 million…
The financial sector has in the last decade undergone a full scale digital transformation that has changed how users send and receive money. Sending money across borders is today as simple as sending a text message while innovations such as mobile money wallets have provided a variety of options for receivers to access and store their cash. Digital finance has, however, come with the heightened risk of fraud. Online scammers are not new, but they are today more active than ever thanks to the mass migration of financial services online. Financial losses resulting from online scams run into billions of…
Showmax subscribers across sub-Saharan Africa will have access to live broadcasting from BBC World News until 23 September 2022, which will include a live stream of the funeral of Britain’s longest-serving monarch at Westminster Abbey on Wednesday, 19 September at 11:00 BST. The live news channel will be available to all subscribers regardless of their plan. While Showmax doesn’t usually offer live news channels, the Showmax Pro plan includes live news from Euronews, Africanews and Newzroom Afrika; KTN News, KBC, NTV and K24 for Kenya only; GTV, TV3, Adom TV, UTV and GHOne for Ghana only; and SABC News for…
ROG has announced a new bundle promotion for the back-to-school season. Customers who buy a 2022 ROG laptop in over 25 participating countries across the EMEA region can get a School Set Promotion kit of accessories for free, and winners of social media contests can get digital giveaways. Be ready on day one Computers have become more and more of a necessity in classrooms and lecture halls every year, requiring parents and students to shop for new laptops before the school year begins. ROG designed the #DayOnewithROG promotion to line up with this back to school shopping season and help…
Google has introduced a Ksh 478 million fund that seeks to support startups in Kenya and across Africa. The firms will also benefit from a 6-month training programme which will also expose them to a pool of mentors who will help them in solving challenges that are particular to them. During the training, they will participate in tailored workshops, support networks and community-building sessions in addition to non-dilutive awards of between Sh6million and Sh12million and up to Sh24million shillings in Google Cloud Credit. This year’s cohort with women-led businesses accounting for 50 per cent of the grantees are from Botswana,…
Yellow Card Financial celebrates exceeding 1 million customers in only three years. The company reached 1 million customers in March and shows no signs of slowing down. Since launching in Nigeria in 2019, Yellow Card has dedicated its efforts to providing financial inclusion and freedom for all Africans. The company expanded into four new African territories in the last year alone, increasing its total country presence to 16. John Colson, Chief Marketing Officer at Yellow Card, says this achievement no doubt strengthens the company’s brand on the continent and trust among current and future users. It also inspires investor confidence,…
Waya is set to launch its full service digital bank and money transfer app, focused on the African Diaspora. “Waya’s mission is to unlock financial barriers, provide unlimited financial access and opportunities for millions of African immigrants living and working outside their home countries”, said Dr David Wachira, an Ex World Bank Finance Specialist, and now Co-founder and COO of Waya. He further highlighted the opportunity of offering banking and remittance services to the millions of immigrants that contribute over $1.3trillion to the USA economy annually. “The African Diaspora send over $50 billion dollars back home every year and lose…
Liquid Networks, a business of Cassava Technologies, a pan-African technology group, today announced the launch of its Distributed Denial of Service (DDoS) Secure offering to its customers. The solution is designed to proactively mitigate attacks by scrubbing traffic and blocking known attackers or malicious traffic. “Cyber Attacks are at an all-time high; cyber security threats cost the African GDP almost a whopping US$4.1 billion in 2021. And, DDoS are on top of the cyber security attacks; the staggering cost to our GDP is proof enough that no business can afford to be without a layer of protection against them. While DDoS…
LG Electronics (LG) has announced that the world’s largest OLED TV, the LG OLED evo Gallery Edition TV, model 97G2, will soon be available for purchase in global markets. Specific launch dates for key markets will be shared in the following weeks. The brand-new model, 97G2, will be showcased at the IFA 2022 between September 2-6 in Berlin as part of LG’s expanded lineup of premium TVs, which includes a growing number of superb, ultra-large screen sizes designed for memorable home viewing experiences. The company will also show off the diversity of its cutting-edge display technologies, with models from its…