Earlier this week, IBS Bank announced a partnership with Visa to deepen its payments services in Somalia by going live with its acquiring business on the Visa platform. Through this partnership, IBS Bank will accelerate its banking services by accessing Visa’s global footprint to offer customers more convenient, secure and reliable ways to access and spend their funds. IBS Bank Chief Executive Officer Mahat Mohamed said “We went live with Visa acquiring in May this year and within a month we have seen an outstanding response in the market. In our first month, we have had 341 transactions (ATM withdrawals)…
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Brand Spot
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40% of Kenyans using global mobile browser Opera Mini access online social media site Facebook, says a 2019 State of Mobile Web Report for Africa. The report which gives a detailed look at the digital landscape of the African region further details that eight out of ten people access Facebook on a daily basis with Opera Mini registering on average 73 million browsing results to social media platforms in Q1-2019 in Africa. According to the report, the most browsed category of websites were social media platform domains such as Facebook, YouTube and Instagram, followed by search engine websites like Google, and entertainment…
LG Electronics has contributed Ksh 4M towards P.C.E.A Kikuyu Hospital’s Orthopedic Rehabilitation Unit for the 13th year running. The donations will assist the unit to acquire prosthetics, for over 100 incapable patients as well as generate awareness on the plight of persons with physical impairments. Mr. Janghoon Chung, LG East Africa MD noted that the demand for affordable prosthetics far outweighs the supply in the country, a fact that is further complicated by financial constraints of most patients. “There are currently about 45 million amputees worldwide. More than half a million of them are in Kenya and the numbers keep…
On Tuesday, Microsoft officially launched its first Africa Development Centre (ADC) in Nairobi. This is one of the two sites where ADC will be located. The other one will be in Lagos, Nigeria. Most multinational companies that operate in market such as Kenya rarely come up with products and solutions specifically for the local market. They mostly copy what they have in other markets and adopt them for local markets. Microsoft wants to change this on its part and that is why the opening of the first Africa Development Centre in the country is important. This is Microsoft’s 7th development…
Dimension Data has announced a new alliance with SAP, to offer a new set of intelligent enterprise solutions in East Africa. With the alliance, Dimension Data extends its Information Technology solutions to include intelligent applications. Through its unique Application Management Services offering, Dimension Data now hopes to drive utilization of SAP solutions and in-built applications that are unique to client operations, and which is currently lacking in the region. The next generation of SAP solutions integrate intelligent technologies such as machine learning, and artificial intelligence to help manage data from multiple sources, further improving customer experience, people engagement, spend management,…
At InnoFest MEA, LG’s annual celebration of innovations in technology, the company displayed its latest washing machines headed to the region this year. LG’s new front-loader washing machine is powered by the company’s new AI DD (Direct Drive) with deep learning. It delivers thorough yet gentle care, determining the characteristics and volume of each load to minimize fabric damage. This guarantees exceptional results every time, and reduces the occurrence of fabric damage by 18 percent, prolonging the lifespan of favorite clothing items.[ Courtesy of TurboWash 360°, the front-loader provides the convenience of Fast Wash, which takes just 39 minutes to…
LG Electronics (LG) presented its latest Slim French-Door refrigerators at InnoFest MEA 2019, which took place from April 9-11 in Seoul, Korea. With sleek designs and handy features, LG’s competitive new lineup presents premium quality refrigeration solutions in space-friendly sizes. The first French-Door refrigerators to be fitted with the company’s cutting-edge Linear Cooling™ and DoorCooling+™ technologies, the slim models ensure that food stays fresher for longer. With LG’s advanced Inverter Linear Compressor, which helps lower energy consumption and comes backed by a 10-year warranty, the new refrigerators are built to meet the diverse needs of discerning consumers throughout the Middle…
Yesterday, Cisco officially opened its first Incubation Hub in Kenya. The Hub will be known as the ‘Cisco EDGE Incubation Centre’ and will be hosted at the University of Nairobi. This will be Cisco’s second Incubation Hub in Africa as there is one in South Africa that was opened last year. The Cisco EDGE Incubation Centre is a Ksh 69 million Incubation HUB that the company says will impart business knowledge and speed up access to market for Small Medium and Micro Enterprises (SMME’s) in the ICT space. EDGE here stands for Experience, Design, GTM (Go to Market) and Earn.…
LG Electronics (LG) growth in East Africa will be fulfilled by a consumer-focused approach and positioning as a premium brand across B2B and B2C domains. Speaking during his maiden visit to Kenya, LG’s newly appointed President of Middle East and Africa Region (MEA), Mr. James Lee said that LG sees customer-centric approach, premium brand building and smart technology will be the key drivers of growth and change. “I believe the region’s growth can be achieved through putting into account the threefold approach. I look forward to seeing how we can leverage our ties with a growing number of local and…
Online video presents opportunities that television simply doesn’t. YouTube is usually patronized by a hyper-engaged, highly-connected audience who craves the two-way communication YouTube offers. And unlike TV, YouTube lives everywhere because it’s accessible on hundreds of millions of mobile devices globally. Build a content plan: The first step is to define a relevant and powerful content territory for your brand which sits at the intersection of your audience ’s passion points and your unique value proposition. Decide whether you will create your own content, create in collaboration or curate existing content. Ensure that your content is shareable: With the rise…