One of the most difficult articles to write is how to start something simply because it goes beyond understanding, comprehension, and information. I thus will digress for a moment and start off with a riddle for you. So…five frogs are sitting on a log. Four decide to jump off. How many are left? Everyone knows that investing early in life is important, but the hardest part is usually taking the first leap because, by human nature, we desire immediate gratification and detest the practice of short-term sacrifice for long-term benefits. It takes a high level of discipline, self-denial, determination, and commitment…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
LocalBitcoins, the world’s oldest and largest peer-to-peer Bitcoin marketplace has unveiled its new mobile application, available for Android and IOS users. The app is available across the world with thousands of downloads by LocalBitcoins customers. The new app has the features available on its web platform as well as new features that make it easier for users to trade and secure their bitcoins. Key Features Localbitcoins App Some of the key features include the ability to buy and sell Bitcoin in an easy, fast and secure way while supporting more than 190 countries and nearly all global currencies. The app supports over 100 different…
IBM has appointed Julia Carvalho as General Manager for IBM Growth Markets, Africa, responsible for its ’s business operations. She will also be responsible for growing IBM’s partner ecosystem and driving client satisfaction across multiple regions in Africa. “With an increased focus on the partner ecosystem in Africa, Ms Carvalho will lead the drive to strengthen the IBM business on the continent through a deeper level of technical expertise and industry experience to build growth for our company, clients and partners on the continent,” IBM said in an emailed statement. She brings to this role a deep knowledge of the…
MultiChoice Kenya says it has launched a new transmission site across Nanyuki for its GOtv customers. Customers in Nanyuki, Timau, Naro Moru, Doldol and Thigitu can now access unmatched entertainment available on the GOtv service with clear picture quality and affordable world-class entertainment. Laikipia County Executive Committee (CEC) Member for Trade, Tourism and Cooperatives, Biwott Tirop while commissioning the site said, “The launch of the GOtv site will accord the residents of Nanyuki and neighbouring areas an opportunity to plug into a wider selection of entertainment. The county government also welcomes this move as it will unlock more employment opportunities for residents…
A British firm, Wakanda Network Ltd which is a private limited company has acquired 85 per cent stake in diaspora-backed Choice Microfinance Bank effective October 22, 2021, the Central Bank said Tuesday. “This follows CBK’s approval on September 21, 2021, under Section 19 (4) of the Microfinance Act and approval by the Cabinet Secretary for the National Treasury and Planning on October 5, 2021, pursuant to Section 19(3)(b) of the Microfinance Act,” the CBK said in a statement. Wakanda was incorporated in the United Kingdom on February 26, 2020, and is wholly owned by Mr. Robin Duan Wei. Mr. Wei…
Equity Group through its subsidiary in the Democratic Republic of Congo, EquityBCDC has launched its mentorship and leadership development program dubbed the Equity Leaders Program (ELP). The Equity Leaders Program, which is one of the programs under the Education and Leadership Development pillar has selected 131 top-performing young scholars including 81 boys and 50 girls who topped the final 6 secondary school examinations. The scholars will form the first cohort of ELP beneficiaries in DRC. The 131 scholars will undertake a one-week induction process and proceed to join EquityBCDC for a 2-6 months paid internship program where each scholar will…