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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Kenyan Shilling

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Africa

Locally assembled handsets begin to drive Africa’s low-end smartphone shipments

    By Conrad Onyango, bird story agency   As Africa’s major currencies weaken against the US dollar, consumers are opting for more affordable smartphones with ‘premium features’ that are either locally assembled or made in China. According to two mobile phone tracking reports, local assembly initiatives for low-end smartphones have contributed to strong growth, particularly in Kenya. The International Data Corporation (IDC) has also listed the East African economy […]

todayMarch 12, 2024 33

Africa

Tech-savvy Africans are hedging against inflation by going digital

    By Conrad Onyango, bird story agency   The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […]

todayFebruary 19, 2024 19

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