Plans to become the first Kenyan lender to begin operating in neighbouring Ethiopia, as it expands presence in DR Congo looks to Mauritius in 2017
New rules seek to penalise a telco with a market share of more than 50%.
Solar firms plan microgrids for 200,000 Kenya homes, and Djibouti taps volcanic energy to reduce power costs
Just 23% of Kenyans had access to electricity in 2010; while Djibouti plans to become completely reliant on “green energy” by 2020.
Boston Consulting Group estimates further development of mobile payment applications could generate as much as $1.5 billion in sales by 2019,
Vodafone has 7.6m M-Pesa users in Africa through Vodacom, and more than 20m in Kenya through Safaricom. MTN has more than 22m mobile-money users.
In Tanzania M-Pawa allows one to deposit cash through a phone and earn interest. M-Kopa Solar allows Kenyans to buy electricity using a mobile phone.