Our website uses cookies to improve and personalise your experience and to display advertisements(if any). Our website may also include third-party cookies like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click on the button to check our Privacy Policy.

Nairobi adds new infrastructure, incentives to its “silicon savannah” drawcard

Nairobi adds new infrastructure, incentives to its “silicon savannah” drawcard

CONRAD ONYANGO, BIRD STORY AGENCY KENYA’S tech startup ecosystem - amongst the hottest on the continent - is looking to attract even more overseas interest as the country launches an International Financial Centre and giant tech firms renew their interest in East Africa's Silicon Savannah. The International Financial Centre in Nairobi is slated to officially launch in mid-June, offering foreign investors in the financial sector special deals - including taxes and immigration incentives - and space in the new building. Firms seeking to join the centre are required to pay a certification fee of Ksh. 1 million (around 8,620 US…
Read More
‘Silicon Savannah’ Kenya targets loan apps abusing customer data

‘Silicon Savannah’ Kenya targets loan apps abusing customer data

NITA BHALLA and DOMINIC KIRUI THE 14 days given to John Bigingi to repay a loan of 8,200 Kenyan Shillings ($72) had barely lapsed when he started receiving text messages threatening to call the contacts on his phone and expose him as a defaulter. "Silence means you don't want to pay your loan which is already due," said an SMS message sent by digital lender iPesa to Bigingi and shown to the Thomson Reuters Foundation. "Take it serious. Your 50 contacts and emergency contacts will start receiving 20 calls and 15 messages (at) exactly 6 p.m. Pay now to avoid…
Read More
To track innovation on the Silicon Savannah, just follow the latest hustle

To track innovation on the Silicon Savannah, just follow the latest hustle

CONRAD ONYANGO THE Silicon Savannah moniker may be wearing a little thin but second-hand clothing trader Offie Otieno is living proof that East Africa's tech and innovation hotspot is as dynamic as ever, despite the COVID-19 pandemic. Otieno's platform of choice for his hustle? Whatsapp.  Offie Otieno is standing inside his stall on Moi Avenue on a busy weekday morning, hand in pocket. The second-hand clothes trader would usually be busy scanning the central Nairobi crowd for potential customers. Today, he pulls out his mobile phone and, unlocking the screen, clicks on the Whatsapp icon and moves to the app’s status. After scrolling through his…
Read More