Week 12: Addressing Postal-address challenges in Kenya
Did you know that 4 billion people the world over make do every day without a physical address? Consider the last time you opened a bank account or applied for a loan—you were probably asked for a home address to verify your identity. Imagine calling an ambulance in an emergency situation and trying to explain where you were if your street had no name and your home had no number. Kenya doesn’t have a national addressing or postal system so people cannot receive post to their door. Timbo Drayson a British entrepreneur, CEO and co-founder of OkHi in kenya says;
For businesses, the lacking address system makes it difficult to give customers a good delivery experience at a sensible cost. For example, in Kenya, it takes on average over three phone calls to get a Domino’s Pizza delivered and 2.8 calls for an Uber trip, and that’s when using GPS.” dai-global-digital.com Itnewsafrica.com
OkHi: Kenyan startup addressing Africa for the Mobile Age: OkHi, a Nairobi-based tech startup, is expanding its addressing system with new ways for people to describe where they live, prove who they are, and for businesses to connect with them.
The traditional physical address system was invented over 200 years ago and has not scaled with global population growth. Today, there are over 4 billion people in the world without a physical address. These people are not included in the world because they don’t have access to life’s services, whether that’s getting an ambulance, or proving you are who you say you are to a bank. Our mission at OkHi is to give everyone a physical address so that they can be included in the world, explained OkHi CEO and cofounder Timbo Drayson. Itnewsafrica.com
You Can Now Use Your Mobile Number as Your Postal Address, here is how: In this day and age, owning a PO box is not on the list of many people’s priorities. Letters are almost non-existent in all sectors. Messages that initially required physical letters are now sent via email, or simply a phone call. Posta Kenya has now simplified the process of getting your own address. They have introduced virtual a address system, and all you need is your mobile phone number and the postal code of your nearest Posta branch. Referred to as MPOST, this is probably one of the most brilliant move taken by the corporation which was the hardest hit by the advent of the mobile phone and the internet. They were accused for many years of failing to innovate, and it seems they are now waking up. nairobiwire.com
3 Alternative Financing Options for Kenyan Start-Ups: Securing funding can be tricky for start-ups in Kenya. Banks are not always willing to lend to young companies with little to no revenue track record or credit history, while many international financing options are difficult to access for African companies. These include and not limited to the following;
On Africa-focused Crowdfunding: Lelapa Fund is a niche crowd investment platform dedicated to African companies. For international investors who are looking for new smart ways to invest money, investing in African start-ups is very appealing.
On Bitcoin-based small business loans: BitBond is the first global peer-to-peer lender that leverages the world’s first digital currency bitcoin. BitBond allows borrowers around the globe to apply for a bitcoin-based small business loan regardless of their location.
On peer-to-peer microfinance loans: Kiva offers small loans to entrepreneurs and small businesses across Africa and other emerging markets with no interest charges to help small businesses to jump-start expand existing operations. smatmoneysmartliving.com nairobigarage.com
- Kenya tops in phone internet traffic globally: businessdailyafrica.com
- Cambridge Analytica stage-managed Kenyan president’s campaigns: reuters.com
- Land register to use Bitcoin technology: standardmedia.co.ke
- Real estate to test blockchain tech on land transactions: capitalfm.co.ke
- Google is making good on its promise to bet more on African startups and developers: qz.com
YouTube will add information from Wikipedia to conspiracy videos: YouTube is planning to add information from Wikipedia to videos about popular conspiracy theories to provide alternative viewpoints on controversial subjects, its CEO said today. YouTube CEO Susan Wojcicki said that these text boxes, which the company is calling “information cues,” would begin appearing on conspiracy-related videos within the next couple of weeks. The move comes after a year in which YouTube has been pilloried for hosting extremist content and driving more attention to it through algorithmic recommendations that critics say are designed to push viewers to extremes. Sociologist Zeynep Tufekci wrote in an essay published in „The New York Times“ about experiments she performed on YouTube during the 2016 election, where she noticed that no matter what kind of political content she searched for, the recommended videos were always more extreme and inflammatory, whether politically or socially.
Cambridge Analytica goons brag about winning the election for Trump: Cambridge Analytica, the data-firm that’s wrapped up in a massive scandal with Facebook, is having a very bad week. Following Monday’s reveal of an undercover video showing executives bragging about blackmail and bribery, a new video shows the men bragging about winning the election for US President Donald Trump and their use of a high-tech email system with a self-destruct timer. Channel 4’s multi-part investigation into Cambridge Analytica concluded on Tuesday with another video of the firm’s CEO, Alexander Nix, meeting with an undercover reporter who was impersonating a fixer for a wealthy client seeking help in swaying Sri Lankan elections. Mark Turnbull, Cambridge Analytica’s managing director of political global, and Dr. Alex Tayler, the company’s chief data scientist, are also identified as attendees at the meeting. In Tuesday’s video, executives claimed that they could “send some girls around” to opposition candidates in order to create damaging material against them. They also floated the option of setting up meetings with opponents in which they’re sneakily offered a bribe and caught on video.
Self-driving Uber kills Arizona woman: An autonomous Uber car killed a woman in the street in Arizona, police said, in what appears to be the first reported fatal crash involving a self-driving vehicle and a pedestrian in the US. Tempe police said the self-driving car was in autonomous mode at the time of the crash and that the vehicle hit a woman, who was walking outside of the crosswalk and later died at a hospital. There was a vehicle operator inside the car at the time of the crash. Uber said it was pausing its self-driving car operations in Phoenix, Pittsburgh, San Francisco and Toronto. Uber has been testing its self-driving cars in numerous states and temporarily suspended its vehicles in Arizona last year after a crash involving one of its vehicles, a Volvo SUV. When the company first began testing its self-driving cars in California in 2016, the vehicles were caught running red lights, leading to a high-profile dispute between state regulators and the San Francisco-based corporation.
- Report: China wants to shape the global future of artificial intelligence technologyreview.com
- Oslo to boast first sustainable airport city curbed.com
- Illegal content found in Bitcoin’s blockchain theguardian.com
- President Trump Bans U.S. Citizens From Buying Venezuelan Cryptocurrency Petro fortune.com