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Author: Njenga Hakeenah
Some of the challenges being addressed include the use of intelligent controls to ensure reduced energy consumption or electric cars to reduce greenhouse gases and air pollutants.…
Global partners are working to develop community currencies which will help cash-poor regions grow their own economies using blockchain technology.
The blockchain-based community currencies will be developed by an international partnership to supplement direct cash and voucher assistance programs for vulnerable communities in developing countries.
The two-year project will test, develop and distribute eVouchers, or Community Inclusion Currencies, held in mobile wallets on feature phones in some of the poorest areas where the national currency is scarce.
US$1 billion a year distributed by the Red Cross
The initiative will be delivered by the Norwegian Red Cross, Danish Red Cross, and Kenya Red Cross, together with Innovation Norway, Grassroots Economics Foundation and Sempo, an Australia-based technology firm.
The network will aim to improve the efficiency and effectiveness of the $1 billion a year distributed by the Red Cross in cash and voucher assistance programs by 2020.
“We need new financial solutions …
The biggest challenge facing the agricultural sector in Kenya is the non-implementation of good policies and strategies developed over the years…
The licensed foreign currency trading platform has more than 1000 accounts already opened…
With an extra three billion people predicted to live here in the next 30 years, the waste footprint will also increase on a massive scale.…
The trial would allow the government to test the resilience of the system and the department has already had successful trials in controlled environments…
Stakeholders from 8 African countries meeting in Tanzania deliberated on policies and frameworks to drive innovation, technology and sustainable mobile payment ecosystem…
KBL has been looking to bring more efficiencies in their route-to-consumer channel…
Liquid has deployed a high-capacity fibre optic backbone connecting subsea cables on the East Coast of Africa with cables on the West Coast of Africa…
With the plans to open the borders so that the country can create employment, it shows that the policymakers have run out of ideas while Kenyans who just need a little boost could do wonders for the economy.…
