Browsing: Digital Solutions

• Faulu Bank, a microfinance firm in Kenya, unveils a digital platform for real time cash transfer between banks and their clients.  
• It complements its recent innovations such as the Faulu DigiCash App, and the tap-and-pay digital cards.
• The bank has so far invested over $1.42 million in digitizing services. 

Kenya’s Faulu Bank has unveiled a new banking solution offering large enterprises and corporations seamless, real-time, and cost-effective transfers between banks and their corporate clients.

The solution is one of the digital offerings Faulu Bank is rolling out this year as it turns into a digital-first lender.

Faulu Bank’s DigiCash App

It complements its recent innovations such as the Faulu DigiCash App, and the tap-and-pay digital cards that allow users to transact on the go.

With the introduction of the Host-to-Host solution, Faulu Bank has so far invested over $1.42 million in digitizing services.

Speaking during the official launch of the …

Education in Tanzania has been gaining crucial technological changes over the past decades. The government of Tanzania has acknowledged the role of Information Communication Technology (ICT) in stimulating effective learning in the modern era, via its frameworks—communicated in the Education and Training Policy of 1995, and the national ICT policy of 2016 that both embody education technology in their own manner.

In this context, Tanzania’s innovation landscape is getting better as more young people take the helm to create solutions. In this case—MyElimu and Mtabe apps, which are customized education technology (platforms) offering seamless learning materials to secondary students across Tanzania via mobile phones are gaining traction.

The communication landscape in Tanzania is growing, and numbers show this growth could turn to be a gold mine for innovative solutions such as MyElimu.

According to information from Tanzania Communication Regulatory Authority (TCRA), internet penetration moved up from 40 per cent in …