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Wrap-Up: Our pick of main stories, Wednesday May 20th, 2015
With a variety of stories ranging from, Gtel entering Kenya, claims this as its stake in 4th African country outside…
With a variety of stories ranging from, Gtel entering Kenya, claims this as its stake in 4th African country outside Zimbabwe, to, two tech entrepreneurs going back to the future too help connect Kenya’s slums. Our wrap-up today promises to be a good read, read on to see if you agree.
Gtel enters Kenya, claims this as its stake in 4th African country outside Zimbabwe
Gtel will be offering 8 smartphones to the Kenyan market via 1-year contracts on the Safaricom network, something that the device distributor started to do locally with Telecel Zimbabwe sometime last year through its Khuluma 365 promotion. For Kenya, devices have been priced between US $21 and US $62, something in the same range as its Zimbabwean offerings.
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2 tech-preneurs go back to the future to help connect Kenya’s slums
Two tech entrepreneurs have gone back to the future to help connect Kenya’s slums to the Internet, and they hope, opportunity. More than half a million people populate Mathare, Kenya’s second largest slum. Like any impoverished, overcrowded area, lack of education, jobs, and crime are major problems.
Crown Paints’ ‘Colour App’ to help users choose colour schemes
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Crown Paints has introduced a mobile application in the market that will make it easier for customers to make a more accurate selection of their preferred home interior colour scheme. The app dubbed Crown Colour App, will be available on both the Google Play Store and the Apple Store.
NaiLab team celebrates WezaTele’s acquisition
This has been a year of great milestones for the larger Nailab community and we are proud to announce the acquisition of one of our Season 1 startups, Wezatele. Wezatele has over the last 4 months been working on the acquisition details to ensure smooth transition of the business with AFB, a financial services company that specializes in providing credit products to consumers in Africa. This is one of the largest acquisitions of a startup so far, which is estimated to be over Kshs 100 million whose value is in both cash and stock.
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Duma Works carves out niche staffing Kenyan SMEs
After a couple of false starts, Kenyan startup Duma Works has found itself a productive niche, connecting SMEs with jobseekers in a way that differs from traditional jobs boards.
MEST opens up opportunities for Kenyan techies and entrepreneurs
Meltwater Entrepreneurial School of Technology (MEST) is looking to administer entrepreneurs from Kenya who wish to spend a year in Accra to take part in intensive training program that will result to a launch of individual software company with potential for seed investment opportunities from the MEST incubator.