Wrap-Up: Our pick of main stories, Thursday July 23rd, 2015

With the GES Summit kicking off tomorrow our wrap-up today seeks to keep you up to date with issues surrounding the event, issues such as: Safaricom warns of network disruption during President Obama’s visit, #GES2015: President Kenyatta attributes Kenya’s innovation success to partnerships, Equity emerge as both sponsor, official banker for GES Summit to get more information on these and other stories from our wrap-up, read on…

Safaricom warns of network disruption during President Obama’s visit

Safaricom has announced that there will be minimal disruption to the network during the US President Obama’s visit later this week. This comes after the telecom said that they had received a great deal of feedback from subscribers who were concerned that network operations will be affected during the Global Entrepreneurship Summit.

#GES2015: President Kenyatta attributes Kenya’s innovation success to partnerships

President Uhuru Kenyatta has hailed Kenya’s success as a leader in Africa in innovation and entrepreneurshipto the great partnerships the Government has with other international bodies as well as to the great technology ecosystem created through the partnerships. He said this during the Official Opening of the Pre-Global Entrepreneurship Summit 2015 Expo at KICC, Nairobi.

Equity emerge as both sponsor, official banker for GES Summit

Equity Group Holdings, has stepped in as a Diamond sponsor, for the Global Entrepreneurship Summit (GES) Pre-Summit Expo. Equity Bank Kenya, will also be the official GES Banker this weekend. In its role as the event’s official Banker, Equity Bank, will provide end to end banking solutions at all GES locations for the delegates.

DEMO Africa’s Harry Hare to speak at #GES2015

Harry Hare, the Executive Director of DEMO Africa as well as the CEO and Publisher of CIO East Africa will be among the key speakers lined up to speak at the Global Entrepreneur Summit (GES) to be held this week in Nairobi, Kenya.

Kenya: Mobile credits stimulate business

Mshwari is a new mobile payment system that allows to save and borrow money through the phone while earning interest on money saved. It is an attractive offer for Kenyans with little income and small businesses.

Weza Tele acquisition should only be a benchmark for future Kenyan successes

The acquisition of Kenyan fintech startup by Weza Tele should be celebrated as a benchmark that can lead to future successes in the country’s tech startup ecosystem, according to co-founder and chief executive officer (CEO) Hilda Moraa.

Chase Bank Plans to Build an Innovation Hub for Techpreneurs in Kenya

Kenya’s Chase Bank, has announced that it is launching an innovation hub for tech entrepreneurs at the tail-end of 2015. At the Pivot East conference, the bank stated that, it intends to use the hub to encourage young startups and also build profitable businesses. Chase Bank’s new technology hub, when fully operational, will work with in concert Nairobi’s innovation and startup incubator, iHub.

Two years down the line, Matatu CCTV execution remains a security lip service

How much crime would be avoided by installing CCTVs in Matatus? This is a question the public service vehicle owners asked themselves back in 2013 a time Kenya suffered terrorist attacks in Public service vehicles. Anderson Kapendwe CEO Spy and Track Surveillance Company pitched the idea to the right industry players and they liked it. The system offered to vehicle owners enabled them to view live happenings in the vehicle from any location. The installations were part of efforts aimed towards lessening crook behaviour in the public vehicles and mainly help reduce terror attacks. Not to leave out the driver, the system enables him to monitor ongoing activities in the matatu.