Browsing: digitization

East Africa's Small-Scale Retailers
  • Due to their small footprint, traders are located closer to consumers, along transport hubs and routes, or within local communities. 
  • Proximity also extends to knowing and stocking customer’s preferred brands and products and offering credit to loyal customers.
  • United Nations Economic Commission for Africa indicates that small and local retail transactions account for 70 percent of total transactions in Kenya alone. 

Across East Africa, it is not uncommon to see dukas and kiosks around every other street corner offering some of life’s daily essentials such as sugar, soap, tissue paper as well as bread and milk. 

While they may not seem like much, East Africa’s dukas and kiosks are the backbone of the economy, providing jobs and basic essentials to millions of people.

According to EuroMonitor International, these spaces for trading can range from as little as 1sqm up to 30sqm. Due to their small footprint, traders are located closer

www.theexchange.africa
  • Kenya’s Mavuno Link has been picked as the Middle East and Africa Regional Winner of the 2021 Call for Code Global Challenge
  • The digital company helps tackle food waste and reduce the 5.2million tonnes of food lost every 12 months in the country
  • Now in its fourth year, Call for Code has generated more than twenty thousand solutions built using a combination of open source-powered software such as Red Hat OpenShift and IBM Cloud

 IBM and David Clark Cause have named Kenya’s Mavuno Link as the Middle East and Africa Regional Winner of the 2021 Call for Code Global Challenge.

Developed in Nairobi, Kenya, the Mavuno Link application helps tackle food waste and reduce the 5.2million tonnes of food lost every 12 months in the country.

The application also connects farmers, drivers and buyers on a common platform and aims to lessen the amount of food lost after harvest by …

banking in zimbabwe

A survey revealed that 77 per cent of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.

Combining digital payments with health insurance benefits offers an excellent opportunity for social inclusion, formalization, and financial innovation.
Data shows that if 50 per cent of temporary workers in Senegal received payments digitally, 45 billion CFA francs would be added to GDP per year (around US$80 million). Paying workers digitally, speeds up the financial inclusion for the population, boosts business competitiveness and increases financial system liquidity. …

Paddydigitizationimage source DW

It has never occurred in Africa for people to remain indoors, work from home and limit human interactions as much as possible to curb the spread of disease.  

Nearly 42 nations enacted partial or full lockdowns to limit the spread of the coronavirus (COVID-19), hence—this ushered rolling drums for other aspects of life to take form, particularly digitization of life. 

Africa, a continent of more than 1.3 billion people, experienced the horror of the virus as massive volumes of trade and goods ceased to interact within the economy pool, forcing some communities to adopt other means of life, including being well versed with virtual meetings, online shopping, online learning and online working. 

As Rwandan President Paul Kagame says, “the pandemic is a test for us. The way we address it shows our level of preparedness against anything that attempts to disrupt our lives and