Kenyan entrepreneurs get Sh28m in for digital centres
BUSINESS| July 11, 2012, 6:30 p.m.
By Semaj Itosno, Nairobi, Kenya
Upcoming Kenyan entrepreneurs have been awarded Sh27.9 million (USD0.34million) as a start-up capital for digital centres.
This is part of the plan by the government to bridge the digital gap between the urban and rural areas.
The 26 entrepreneurs were among 10,000 that applied for the government’s revolving fund. Each will get Sh1 million (USD12,048) loan.
The loans will be disbursed through Kenya’s Family Bank, payable in three years at an interest of 10.5 per cent per annum.
The entrepreneurs are expected to provide a bouquet of services such as e-mails, government services such as applying for PIN and online tax returns at a fee.
Bitange Ndemo, Information permanent secretary, said the government is keen on empowering entrepreneurs to provide a missing link in provision of online services.
“We are serious about improving Internet connectivity, building local digital content and creating awareness about ICT products and services in rural Kenya… electronic voting and access to government services through the web is only possible if digital villages are near the people,” Dr Ndemo said.
Statistics released on Tuesday by the Communications Commission of Kenya (CCK) shows that there are 6.4 million Internet subscribers with mobile Internet accounting for 98.8 per cent. The number of broadband subscribers stands at 651,738.
MORE BUSINESS NEWS
Huawei denies links to BTCL IPOContrary to the much harped statement that the BTCL IPO is only reserved for locals in Botswana, there has been much speculation about multinational companies angling for a share in BTCL. Read More
The benefit cycle: how ICT and skills will sustain each-other in developing AfricaICTs can develop skills, which in turn can develop the ICT sector, in a ‘benefit cycle’ that can propel Africa into the mainstream knowledge economy. But more effort is needed to get this wheel rolling, says Ayanda Dlamini, Business Development Manager at LGR Telecommunications. Read More
Nigerian carrier frets over naira devaluation, general electionsNational carrier Globacom says it is worried over the devaluation of the naira and the uncertainties hanging in the air about next month’s general elections in the country. Read More
150 entrepreneurs advance to quarter-finals of Digital Change-makers competition150 young Ghanaian entrepreneurs with varied digital solutions to improve the lives of Ghanaians, especially children, have made it to the quarter-finals of the Tigo Digital Change-makers competition. Read More
VMware reports fourth quarter and full year 2014 resultsVMware, the global leader in virtualisation and cloud infrastructure, has announced financial results for the fourth quarter and full year of 2014. Read More
Maroc Telecom completes Moov takeover for 474 million eurosMaroc Telecom said this week that it has completed the takeover of all Moov operations in six African countries to the total value of 474 million euros. Read More
Citrix: SA office workers lose up to 559 hours a year due to lack of flexible work optionsA Citrix study has found 20% of South African office workers work longer hours than contracted; losing up to 559 hours per year. Flexible working hours and the use of technology could improve the situation, it says. Read More
Wananchi Telecom prepares for rapid growth across Africa with global network services from EpsilonLeading East African carrier Wananchi Telecom has partnered with Epsilon to connect African customers to more than 170 countries around the world. Read More
Setback for BTCL IPO as workers cry brokeWith the Privatisation of Botswana Telecommunications Corporation Limited privatisation nearing completion, employees claim they do not have the funds to buy the five percent of shares allocated to them. Read More
Nomanini takes Africa by storm using Google Cloud PlatformNomanini, a Cape Town-based mobile point of sale service that specialises in facilitating cash payments in emerging markets, has successfully scaled into six countries across Africa in just four years, using Google’s Cloud Platform. Read More
FEATURED STORYUCC launches 2015 ACIA awards
Uganda has launched the fifth Annual Communications and Innovation Awards, which celebrate and foster ICT innovation and achievement.
BEST READ NEWS
IN DEPTHKenya’s digital TV battle hots up
Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.
COMPANY NEWSAlbany CTG, Microsoft, collaborate on School of Government Program
The University at Albany’s Center for Technology in Government (CTG) has announced its collaboration with Microsoft Corporation to deliver executive level training to government leaders in Africa ...