DCA Digital Digest: Digital credit scoring is paving the way to more affordable microloans in East Africa

1. Digital credit scoring is paving the way to more affordable microloans in East Africa

More than 2.5 billion people around the world – many of them in Africa – lack formal identification that enables them to access financial and government services, according to the United Nations and the ID2020 project.

2. Ethiopia As Potential Hub for Software Outsourcing

Today the tech sector is said to be burgeoning in emerging markets like Ethiopia. In a recent piece entitled ‘Sheba Valley – The Making of Ethiopia’s Tech Sector’, it was reported that booming innovations are popping up not only in California but in emerging markets like Ethiopia, to a point, where while the US has its Silicon Valley and Nigeria Yabacon Valley, “Ethiopia has Sheba Valley as its emerging tech space in the making”.
READ ON>>

3. Kenya commissions a blockchain & IoT taskforce to enable the country grow into Africa’s top digital economy

According to President Uhuru Kenyatta, the taskforce will champion the deployment of more advancing technologies including Blockchain and IoT. “We need to better understand the opportunities for Blockchain Technology, the risks of cybersecurity and the essential education and skills that our young people will need to make new technology work for them,” said the President urging leaders and business executives to make sure the country is not left behind in latest digital innovation trends to help the cuntry’s health sector, increase food security among others.
READ ON>>

4. The intensifying battle for Africa’s burgeoning tech landscape

Long gone are the days when Africa was disparagingly regarded as the White Man’s Burden. Today, Africa is the continent with the youngest demographic in the world, on the brink of a technical renaissance — yet the world’s tech titans are floundering to understand and gain a foothold in this market.
READ ON>>