- History beckons as push for Kenya’s Ruto to address US Congress gathers pace
- IMF’s Sub-Saharan Africa economic forecast shows 1.2 percent GDP growth
- The US Congress proposes extending Agoa to 2041, covering all African countries
- Millions at risk of famine as fuel tax row halts UN aid operations in South Sudan
- Empowering the Future: Humanity Protocol’s Dream Play Initiative
- TikTok Community Guidelines update aims to curb hate speech and misinformation
- Rwanda sees 39% surge in bank borrowers as Sacco and MFI loan uptake declines
- Kenya Ports Authority wins dispute case over cargo release
Tech & Business
- TikTok Community Guidelines will see introduction of stricter For You eligibility standards.
- Video sharing entity says this code emphasizes responsible behavior on and off the platform
- According to the recently released Reuters Institute Digital News report 2023 survey, Kenya leads in world TikTok usage.
Popular video sharing platform TikTok, has unveiled significant updates to its Community Guidelines and introduced new features aimed at supporting creators and maintaining a safe environment for users. The platform’s Community Guidelines, which outline rules and standards for all users, have been updated to provide greater clarity and transparency.
These updates, set to take effect in a few weeks, include refined definitions for policies on hate speech and health misinformation. Additionally, TikTok has detailed how it moderates features like Search, LIVE, and the For You feed to ensure a positive user experience.
One of the key updates is the introduction of stricter For You eligibility standards. …
- Market size of Africa’s digital economy could reach $712 billion by 2050.
- In 2022 only 36 percent of the African population had access to broadband internet.
- Mobile Network Operators (MNOs) are streamlining adoption of 5G services.
Africa is on the verge of an economic revolution. From the north to the southern part of the Saharan desert, nations are striving to eliminate poverty and gain a strong foothold in global markets.
In the same vein, the continent is banking on the potential held by the digital economy. Reports ping the sector to higher standards, including a report from non-profit Endeavor predicting that the market size of Africa’s digital economy could reach $712 billion by 2050.
The growth is propelled by the massive engagement of the continent’s younger population, rising smartphone adoption and increasing internet penetration.
Read also: World Bank backs Smart Africa’s Digital Academy with $20M grant
Digital economy in
…- Starlink, has introduced a significant price reduction of 55.6% for its installation hardware kit in the Kenyan market.
- This promotional offer is valid until May 15, providing Kenyans the opportunity to purchase the hardware equipment at $292.36 (KSh39,500), a substantial discount from the usual asking price of $658.04 (KSh89,000).
- An analysis in October 2023 highlighted Kenya and Mozambique as the top markets with the highest charges for internet installation compared to other African countries where Starlink has a presence.
Billionaire Elon Musk’s satellite internet firm, Starlink, has introduced a significant price reduction of 55.6 percent for its installation hardware kit in the Kenyan market. This promotional offer is valid until May 15, providing Kenyans the opportunity to purchase the hardware equipment at $292.36 (KSh39,500), a substantial discount from the usual asking price of $658.04 (KSh89,000).
The promotional message displayed on the firm’s website states, “SpaceX’s Starlink kit has an offer …
The survey showed mobile phone subscribers stood at 46 per cent in Sub-Saharan Africa, while smartphone adoption was at 64 per cent. This is expected to grow to 50 per cent and 75 per cent respectively by 2025.
“By the end of 2020, 495 million people subscribed to mobile services in Sub-Saharan Africa, representing 46 per cent of the region’s population – an increase of almost 20 million from 2019.
With more than 40 per cent of the region’s population under the age of 15, young consumers owning a mobile phone for the first time will remain the primary source of growth for the foreseeable future. There will be around 120 million new subscribers by 2025, taking the total number of subscribers to 615 million (50 per cent of the region’s population),” the report stated.…
- Telkom Kenya has connected nine more counties to its countrywide Mobile 4G/LTE Network
- The technology company said it had completed the Coast and Lower Eastern phase of its network expansion plans
- Telkom Kenya has added Mombasa, Kilifi, Kwale, Lamu, and Taita/Taveta, and Makueni, Machakos, Kitui, and Kajiado Counties to its Mobile 4G/LTE Network
Telkom Kenya has connected nine more counties to its countrywide Mobile 4G/LTE Network, The Exchange Africa has learned.
On Tuesday, June 12, 2022, the technology company said it had completed the Coast and Lower Eastern phase of its network expansion plans.
The company said it has added Mombasa, Kilifi, Kwale, Lamu, and Taita/Taveta, and Makueni, Machakos, Kitui, and Kajiado Counties to its Mobile 4G/LTE Network. As such, the firm has erected an additional 224 4G sites in the area.
According to the telco, the expansion is part of plans that Telkom Kenya, along with its partners, Ericsson, …
Known as the African Startup League, the initiative will empower 10,000 African-owned enterprises to compete for a grand prize of $1 million, where each business will build technologies on the blockchain.…
- Since its inception in 2017, ZACU has made rapid strides toward being one of the most successful internet streaming service providers in East Africa
- 19% of Rwandan households owned a TV in 2019, therefore the country’s 9.37 million mobile phone users make a considerably more viable business for digital content creators
- Canal + already serves consumers in both Anglophone and Francophone West Africa, and it already has 23.7 million members all over the world
As part of its strategy to further consolidate its position in East Africa, the French company Canal+ Group has announced that it will be purchasing ZACU TV, Rwanda’s first digital streaming platform.
After recent forays into film production in West Africa, this current endeavor indicates that the French media behemoth recognizes the untapped potential of independent film production in Africa as an attraction for the growing on-demand viewership across the continent.
The decision to expand into …
- In a continent where cost so often is cited as a prohibitive factor in providing basic needs, blockchain technology and its many expressions hold so much potential for the future
- Twenty-five countries in Africa have banned cryptocurrency
- Morocco most recently moved from an absolute ban on cryptocurrency to revealing they will soon launch a Cryptocurrency regulation bill
The African continent has a lot to gain from blockchain technology. In a continent where cost so often is cited as a prohibitive factor in providing basic needs, blockchain technology and its many expressions hold so much potential for the future.
However, Africa’s stance on the adoption of cryptocurrency doesn’t reflect any of this potential. It is disheartening to note that nearly half of the continent has placed bans on cryptocurrency. Of the remaining half, less than half of them have any sort of regulation or progressive stance on cryptocurrency while the remainder …
The gaming industry in Mozambique is experiencing a significant surge in tax contributions, reflecting positive economic growth and investment opportunities for the country. In the first half of 2021 alone, Mozambican casinos contributed over 207 million meticais (approximately US$3.2 million) in taxes, according to the General Gaming Inspectorate (IGJ), the regulatory body overseeing the gaming sector highlighting a promising trajectory for the industry. In recent times, the popularity of online casinos has also been rising as we are considering real physical. Licensing, fair play, security, selection of games, payment options, payout time frames, bonuses, and other factors underline the pros of online gambling, and you can make sure of this by visiting https://www.casinobonusesnow.com/. The following article explores the current state of Mozambique’s gaming industry, its economic impact, and the regulatory measures in place to ensure sustainable development.
Growth in Casino Tax Contributions
Mozambique currently boasts seven operational casinos spread …