Tag: Digital Transformation

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Fingo Africa teams up with Ecobank to become Kenya’s first neobank

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Fingo Africa teams up with Ecobank to become Kenya’s first neobank

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Siemens Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
 

The collaboration marks a significant milestone in Kenya’s banking sector and sets the stage for a new era of accessible and innovative banking solutions. Founded in 2021, Fingo aims to empower youths to create a wealthier Africa with distinctly designed financial products. The startup’s collaboration with Ecobank combines the agility and innovation of a neobank with the stability and expertise of an established financial institution.

 

Fingo seeks to deliver financial services such as savings, insurance, and credit to its users at cheaper transfer fees, subsidized rates at pay bills, and cash-back rewards, among other features.

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 ADF, Smart African Alliance join forces to boost digital trade in Africa.

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ADF, Smart African Alliance join forces to boost digital trade in Africa

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Siemens The African Development (ADF), in partnership with the Smart Africa Alliance, has launched a new project to drive digital trade in Africa.

The $1.5 million project will support the implementation of digital trade facilitation systems in several African countries. Burundi, Kenya, Malawi, Rwanda, Uganda, Tanzania, and Zambia, are among the countries that will benefit from the project. The DATC project is expected to improve trade efficiency in Africa by reducing transaction costs, enhancing predictability, and reducing trade-related risks.

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YALI, Microsoft ADC partner to empower African youth with digital skills

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YALI, Microsoft ADC partner to empower African youth with digital skills

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The Young African Leadership Initiative (YALI) has partnered with Microsoft Africa Development Center (ADC) to improve the digital skills of young people in the East Africa region.

Through this partnership, YALI and Microsoft ADC will work together to equip African youth with the digital skills they need to succeed in the 21st-century workforce. The partnership will leverage the YALI network of young leaders and Microsoft’s resources to provide training and mentorship in digital skills such as data analysis, artificial intelligence, and cloud computing.

This will help young Africans acquire the technical skills and knowledge required for jobs in the digital economy, where demand for skilled workers is rapidly increasing.

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Prosper Africa launches trade alliance to drive e-commerce in Africa

Prosper Africa launches trade alliance to drive
e-commerce in Africa

The alliance is set to bring together some of the continent’s top tech firms, entrepreneurs and investors to help accelerate the growth of e-commerce and digital trade.

With the advent of technology, e-commerce and digital trade have become increasingly crucial for businesses looking to expand their reach and tap into new markets. The Prosper Africa tech alliance is set up to help African businesses leverage these technologies to grow and succeed in today’s digital economy. 

Prosper Africa has been working to strengthen trade and investment ties between the United States and Africa since its launch in 2021. The new tech alliance was launched on the sidelines of the Africa Fintech Summit.

Google, Mastercard, DHL, UPS, FedEx, Payppal, Youredi, VTEXT, eCommerce Institute, Celo Foundation, Interswitch Group, King & Spalding, Hello Tractor, The Africa Talent Company and Nextrade Group are among the alliance’s inaugural members.

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