Business

Total 153 Posts

Nigeria's Interswitch acquired a controlling stake in HealthTech company, e-Clat

Nigerian FinTech company, Interswitch, has acquired a Nigerian HealthTech company, e-Clat. The acquisition sounds sensible in that it will allow for integration of Interswitch's payments technology into e-Clat's technology offering to health service providers.

Africa has the potential to be a producer of digital technology

Africa is generally plagued by many problems, key among them being poverty. However, the continent has great potential. Here are a few key factors that hold the promise of a better future for Africa.

Kenya's Twiga Foods has raised $30 million to digitize food distribution

Twiga Foods, the Kenyan B2B food distribution company, has raised a $30m Series B round - $23.75m in equity, led by Goldman Sachs. The main aim is to digitize food distribution in Kenya and eventually the rest of Africa.

A good lesson from Kenya on having control in business

Most businesses do not succeed because some stakeholders who don't have equity steal from the business. This highlights the importance of owners have full control and awareness of what is happening in their operations.

4 Reasons why you are struggling to monetize your startup or side hustle

The world is full of so many people who have great products, but cannot make money out of them. Here are some of the reasons you possibly are not able to monetize your startup or side hustle.

Facial analysis AI can reinforce existing inequalities

Artificial Intelligence and facial analysis software is becoming commonplace in job interviews. We need to be careful because AI can reinforce existing biases in society.

Unemployment vs unpaid internships in Kenya

It takes aggressiveness for one to secure a job. If you need to take up a unpaid internship so that you can secure a job at the end, then do. No one owes you any internship, just like no one owes you a job.