InsurTech and the Quest for Insurance Penetration in Africa

InsurTech and the Quest for Insurance Penetration in Africa According to the 2017 Disrupt Africa FinTech report, the volume of investment into InsurTech companies globally was approximately $3.37 billion globally growing at a compounded annual growth rate of approximately 45%. This presents an exciting opportunity for Africa to innovate in the insurance segment. InsurTech is […]

The Rising Threat of Telcos as the New Financial Service Oligarchs

Mobile-money is an electronic wallet service that allows users to store, send, and receive money using their mobile phone. In Kenya, mobile money was introduced in 2007 through Safaricom’s M-Pesa platform. Since then, the service has seen ubiquitous adoption countrywide. According to 2018 data from the Communications Authority of Kenya, Kenya’s mobile penetration rate (total […]

The Fourth Industrial Revolution (Industry 4.0)

The Fourth Industrial Revolution (Industry 4.0) is finally here. This is an era that is fusing hardware, software, biology and emphasizes advances in communication and connectivity. Industry 4.0 is facilitating technological breakthroughs in Artificial Intelligence (AI), Robotics, The Internet of Things, Autonomous Vehicles, Biotechnology, Nanotechnology, mobile-money and digital payments. With the advent of the Corona […]