Home Blog Page 26

Pula, a Kenya-based Agri-Insurance Startup Raises $6m Series A Funding Round

0
Pula, a Kenya-based Agri-Insurance Startup Raises $6m Series A Funding Round

A couple of years back, many African countries started investing big in the agricultural space. The investment has been yielding good returns as it helps many nations increase exports and rake in revenue.

Meanwhile, most private sectors and individuals lack the necessary know-how and requirements to reduce risk and maximize profit in farming.

Agriculture goes beyond planting of crops and rearing of livestock. We live in a digital age, and technology has taken agricultural practices to a new level.

To make agricultural practices less risky, a Kenyan startup has developed some tech-based solutions for farmers.

Pula is an insurtech platform that works to support African smallholder farmers. The firm has raised a $6 million Series A funding round to scale its services across the 13 African markets it serves.

In 2015, Thomas Njeru and Rose Goslinga launched Pula. The startup designs and provides innovative agricultural insurance and digital products.

The services Pula render helps smallholder farmers to endure climate risks, improve their farming practices, and ultimately increase their profit over time.

Pula leverages machine learning, crop cut experiments, and data points relating to weather to deliver products that cater to varieties of farming risks.

Notable clients of the startup include the Central Bank of Nigeria, Zambian Government, World Food Programme, Kenyan Government, and many more.

‘’When Thomas and I launched Pula in 2015, we had one goal – to build and provide scalable insurance solution for smallholder farmers in Africa,’’ Rose said.

‘’With our latest funding, the time is right to break into new grounds. In our five years of operation, we’ve built strong traction for our products and services. And we look to penetrate other markets as there are millions of smallholder farmers out there with risks to their livelihoods.’’ Rose concluded.

South African Startup Launches to Help Residents Save Money on Legal Charges

0
South African Startup Launches to Help Residents Save Money on Legal Charges

In this present age, the cost of getting legal aid is on the high side. That is why many don’t have the urge to fight for that which is right legally.

Legal fees have crippled many individuals and companies financially, and many don’t have enough money to get legal assistance.

In a bid to eradicate this problem, two attorneys have partnered to launch Legal Lens.

The South African startup aims to protect individuals, companies, and state entities from inflated legal charges.

The firm, which came to be in November 2020, was founded by Yusha Davidson and Catherine-Jane Paulse.

Legal Lens boasts of its ability to reduce legal fees by up to 60%, or an average of 10%. The startup allows their clients to send in invoices and any correspondence related to arrangement on legal charges.

The firm digitally reviews submitted invoices to identify areas of potential savings using experienced attorneys, machine learning, and optical character recognition. It then engages the client’s lawyer regarding the charges.

Legal Lens handles all engagements professionally to avoid soiling the relationship between the clients and their respective lawyers.

Following the revision of the invoices, the startup obtains a new invoice reflecting the reduced fee to be paid from the legal firm.

Meanwhile, the startup charges its clients 17.5% of the amount saved. In a case where there is no reduction in the fees, Legal Lens does not charge.

”The recent discussion paper by the South African Law Reform Commission regarding its investigation into legal fees confirms that improper and unethical billing is a reality in the county,” Paulse stated.

The pair realized that it was difficult to review legal invoices, as clients fear tampering the close relationship they have with their lawyers.

Besides, they may not have the necessary knowledge required to dispute legal invoices.

”It’s time-consuming. So, we developed a tech-based solution to review legal invoices and reduce legal charges,” Davidson said.

Scrappays, A Nigerian Tech Startup that Focuses on Waste Recycling

0
Scrappays, A Nigerian Tech Startup that Focuses on Waste Recycling

A few years back, many companies started devising how to reduce the amount of waste product released into the atmosphere.

In the same vein, a few startups have started recycling operations. They focused on collecting non-degradable waste materials like plastic and nylon that litter the surface of the earth.

Now, a Nigerian-based tech firm has invented a comfortable and profitable way of recycling waste materials. Scrappays has combined technology, recycling, and finance together.

The Scrappay platform enables households and business to sell off recyclable waste at befitting prices.

The Started was established by Boluwatife Arewa, Olumide Ogunleye, and Tope Sulaimon in 2019.

The firm came to limelight following its participation in the Founder’s Institute accelerator programme.

Scrappay leverages USSD, mobile app, web app, and Internet of Things technology to facilitate the decentralized collection of recyclable waste.

Waste producers – individuals or corporate bodies – can optimize their recyclable waste disposal process by having local collectors remove such waste. The process saves time, helps them earn extra cash, and provides an income source for the collectors.

‘’With over 85% of recyclable materials produced not recovered, speculation has it that waste generation volume would quadruple over the next three decades,’’ Sulaimon said.

‘’The collection deficit is increasing astronomically and in turn increasing the market size. In Sub-Saharan Africa, Nigeria has the fastest growing waste production rate.’’

‘’The market focuses on producer compensation alone, and it has not been self-propagating across income classes.’’

Scrappay aims to correct the system that favours the producers alone. The startup allows users to decide when they wish to dispose of recyclable waste in exchange for cash.

The initiative also allows people to earn a living by hosting a collection point or becoming an independent collector of recyclable waste.

‘’The entire Sub-Saharan Africa and Southeast Asia are target markets for us. And we look forward to expand into those regions soon,’’ Sulaimon concluded.

Egyptian Firm, CreditGo, Introduces a New Payment Platform for Small Businesses

0
Egyptian Firm, CreditGo, Introduces a New Payment Platform for Small Businesses

Gradually, digital payment is taking over almost all other payment means. In the wake of the coronavirus pandemic, many innovators launched several digital payment solutions to allows customers to make payment remotely.

Now, CreditGo has announced a new Business-to-Business payment channel and merchant wallet for small startups.

The platform allows unbanked merchants to make payments, pay bills, and sell electronic services such as airtime.

CreditGo came to life in January 2020. However, the startup didn’t go public until June 2020. The payment interface aims to allow merchants conquer the challenges of PoS machine acquisition cost.

CreditGo offers its customers swift and secure electronic services through a free mobile application.

The CreditGo payment app allows merchants to earn commissions on airtime sales, and it also facilitates customer’s bill payments.

According to the firm, merchants will be able to buy products from wholesalers using their CreditGo wallet in the coming weeks.

‘’We took a huge advantage of the market segment that is left behind from the banking system and financial institutions,’’ said Omar El Welely, CEO of CreditGo.

‘’The unbanked sector in Egypt and the informal economy makes 45% of Egypt’s economy. We are talking about an annual market of US$73 billion.’’

‘’We are in talks with VCs and angel investors from within and outside Egypt. We have plans to expand to similar African markets in the future,’’ Omar concluded.

Nile, a South African Startup that connects Farmers with Produce buyers goes Official

0
Nile, a South African Startup that connects Farmers with Produce buyers goes Official

As the world continues to advance in tech innovations, a South African based firm has devised a comfortable means for farmers to sell their products.

Recently, Nile unveiled a tech-enabled online platform that facilitates the wholesale trade of fresh farm produce. The innovation aims to provide a seamless connection between farmers and direct buyers.

The startup is a Business-to-Business firm that aggregates supply across the SADC region. It provides buyers with high-quality fresh farm produce at competitive rates.

‘’Our platform makes it easy to trade farm produce. Wholesale buyers can now view the availability and live prices of preferred produce from multiple farmers across different regions. A buyer can make an instant order by selecting specific ripeness, grade, size, and packaging,’’ said Louis de Kock, co-founder of Nile.

The founding team of the startup started deploying the concept behind the online marketplace last February. However, the platform didn’t launch until last November when it went public.

The startup aims to take advantage of the rate at which people desire quality and fresh farm produce in South Africa to generate some revenue.

‘’Nile has developed a digital ecosystem that solves issues inherent to food trading – including quality verification, price discovery, payments, and logistics,’’ Kock concluded.

OnePlus Band with AMOLED Touch Panel and Fitness tracking Features Launches in India for Rs 2,499 (~$34)

0
OnePlus Band with AMOLED Touch Panel and Fitness tracking Features Launches in India for Rs 2,499 (~$34)

OnePlus has officially joined the league of smartphone manufactures that produce smart wearables.

Today, the Chinese giant finally unveiled the first OnePlus-branded wearable device – OnePlus Band.

The all-new fitness tracker features a decent display, a lasting battery, and many health and fitness tracking features.

The OnePlus Band has a full-colour 1.1-inch AMOLED panel. The touchscreen display offers the user a resolution of 126 x 294 pixels.

The smart band allows the user to customize its appearance by choosing from the various UI wallpapers pre-installed on the device.

The OnePlus Band houses a 100mAh battery that promises a 14 – day battery life. Users can charge the band via a USB-A charging dongle that comes in the retail box.

The device arrives with support for 5ATM and IP68 dust and water resistance and replaceable straps.

The smart band connects with Android smartphones operating on Android 6 or higher.

Regarding connectivity, the device comes with the Bluetooth 5.0 LE. The user can explore the health features via the OnePlus Health app by connecting the band to their smartphone.

It supports other health features like heart rate sensor, gyroscope, sleep monitor, 3-axis accelerometer, and a SpO2 tracker.

Talking fitness, the OnePlus Band tracks indoor and outdoor activities like running, cycling, walking, badminton, swimming, yoga, elliptical training, cricket, and yoga.

The new OnePlus Band has arrived in India to rival the likes of Xiaomi Mi Band 5. The smart band retails for Rs 2,499 (~$34) in India.

The company is offering interested customers dual-coloured tangerine grey and navy bands for Rs 399 (~$5.4).

Sales of the OnePlus Band kicks off on January 12 via Amazon India, Flipkart, and OnePlus India’s online store.

Apple Announces the AirPods Pro Limited Edition in China for 1,999 Yuan (~$310)

0
Apple Announces the AirPods Pro Limited Edition in China for 1,999 Yuan (~$310)

In October 2019, Apple unveiled the Pro variant of its True Wireless earphones – the AirPods Pro.

The AirPods Pro features notable improvements that justifies the high price tag. They include the new in-ear design and the Active Noise Cancellation feature to mention a few.

Reports have it that the company is getting ready to announce the Airpods Pro successor in the first quarter of 2021.

Recall, last year, the tech giant announced the AirPods Max, which arrived as an overhead earphone for $549.

Now, Apple has taken to China to unveil the AirPods Pro Limited Edition. The new earphones features ‘emojis of the year’ on the retail box and the charging case.

Besides, it appears that every other feature of the new AirPods Pro Limited Edition is the same as that of the standard AirPods Pro.

Talking features, the all-new TWS earphones from Apple features a silicone ear tip which sits over the ear canal. The silicone ear tips are vital for the Active Noise Cancellation feature that the earphones offer.

The in-built software supports dual-microphone setup, which continuously adapts to remove background sound and offer top-notch sound experience.

It also comes with adaptive equalizer that automatically regulate audio frequencies based on the shape of the user’s ear canal.

Meanwhile, the earphones allow users to enable Transparency Mode, which disables ANC and enables users to hear background noises.

The new Apple H1 chip is responsible for the improved performance of the AirPods Pro, and it promises five hours of active playtime.

The AirPods Pro Limited Edition sells for 1,999 Yuan (~$310) in the Chinese market.

Karisimbi Introduces Electronic Medical Records to help Rwandan Hospitals go Paperless

0
Karisimbi Introduces Electronic Medical Records to help Rwandan Hospitals go Paperless

Karisimbi Technology is a Rwanda-based e-health startup that is working round the clock to reduce – and possibly eliminate – paperwork in Rwandan Hospitals.

In that vein, the health-focused startup has started offering hospitals digital patient files that ease service delivery.

So far, the innovation by Karisimbi has been to treat over 30,000 patients in various hospitals across Rwanda.

The startup began operations in 2016. It was founded by Angelo Igitego after accompanying a relative to a local hospital in Kigali.

‘’Wait times were very long and difficult. As a systems thinker, I saw there was an opportunity to automate repetitive tasks like patient file creation, file retrieval, and billing,’’ said Angelo.

Angelo did come up with a solution and named it IvuliroTech. It is a software that helps hospitals go paperless, and it provides them with detailed electronic medical records for every patient.

‘’Paper files are expensive to print, store, and manage. Besides, they cause a delay in service delivery. Imagine having to look for a single file among thousands of files when the life of the patient is on the line.’’

Karisimbi’s primary aim is to solve the problem of delayed service delivery by eliminating the cause of the delay. Since the firm launched its MVP in September 2019, over a dozen hospital have adopted the digital recording system.

‘’Ninety percent of them are paying clients. We are in the process of working with the umbrella organization of private medical facilities. The collaboration will boost our market share handsomely in the next two years,’’ Angelo concluded.

Minister of Communication and Digital Economy Approves the release of the NIMC Mobile Application

0
Minister of Communication and Digital Economy Approves the release of the NIMC Mobile Application

The Minister for Communication and Digital Economy has authorized a new protocol following the recent directive for all Nigerians to link their National Identity Numbers (NIN) to their SIM card.

Dr Isa Pantami recently approved the development and release of an upgraded National Identity Number slip and a mobile app.

The Minister iterated that the step is part of the government’s policy to ease the NIN acquisition process and linkage to SIM card.

The development allows institutional bodies like the National Identity Management Commission and Nigerian Communications Commission to have correct data of subscribers of any telecom network.

Further, the Minister ordered the cancellation of the fees charged by mobile network operators for NIN verification. 

‘’These efforts aim to support the policy to link subscribers’ NIN to their SIM. The Federal government of Nigeria approved the directive on February 4, 2020,’’ said Dr Isa.

Dr Isa added that the new web service application called NIMC Mobile App, and the newly improved NIN slip are now available for public use. 

The app is a secure gateway for Nigerians and legal residents to get, verify, and authenticate their respective identities easily. The app also enables the user to link their NIN to their phone number(s).

‘’The development of the app and other tools to support the National Identity Number process tallies with the National Digital Economy Policy for a Digital Nigeria.’’

Meanwhile, the Minister has instructed the NIMC to provide swift responses to enquiries. And also share comprehensive multimedia guides to allow users easily install the NIN app and obtain their improved NIN slips. 

Vivo Silently Unveils the 2021 Edition of the Vivo V20 Smartphone in India; Retails for Rs 24,990 (~$339)

0
Vivo Silently Unveils the 2021 Edition of the Vivo V20 Smartphone in India; Retails for Rs 24,990 (~$339)

In November and earlier this month, a couple of reports surfaced regarding the specifications and launch of the Vivo V20 (2021).

Many have been anticipating its arrival, and yesterday, the Chinese brand discreetly unveiled the smartphone.

It arrived as the fourth – and possibly the last – member of the Vivo V20 series, which already include other smartphones like the Vivo V20, Vivo V20 SE, and Vivo V20 Pro.

Specifications and Features of the Vivo V20 (2021)

The 2021 edition of the Vivo V20 weighs 171 grams, and it measures 161.3 x 74.2 x 7.4mm. It arrives with a 6.44-inch AMOLED panel that supports a Full HD+ resolution of 1080 x 2400 pixels.

The screen has a refresh rate of 60Hz, offers a 20:9 aspect ratio, and has a waterdrop notch that houses the 44-megapixel front-facing snapper.

On the rear, the Vivo V20 (2021) packs a rectangular camera module that consists of a 64-megapixel primary sensor, an 8-megapixel ultrawide shooter, and a depth lens with a 2-megapixel resolution.

Internally, the Vivo V20 (2021) features the Snapdragon 730G chipset alongside 8GB of RAM. The handset offers a generous storage space of 128GB. And it also has support for storage expansion via a microSD card.

The Vivo V20 (2021) ships with the FunTouch OS 11 pre-installed based on Android 11 OS, and it houses a 4,000mAh battery that supports 33W fast charging.

Regarding build, design, and specs, the Vivo V20 (2021) is similar to the Vivo V20 that debuted this year. However, the only significant difference between the two handsets is in the processors they carry.

The Vivo V20 launched with the Snapdragon 720G chipset, and the 2021 edition carries an upgraded variant of the processor.

Pricing Details of the Vivo V20 (2021)

Surprisingly, the new Vivo V20 (2021) carries the same price tag as the earlier released V20. It costs Rs 24,990 (~$339).

Customers can pick up the phone in colour editions like midnight jazz and sunset melody variants.