Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: How KrosAI Is Using Phone Calls to Deliver AI-Powered Banking and Healthcare to Nigerians Without Internet
Nigerian startup, KrosAI, is making artificial intelligence accessible to users without reliable internet or formal literacy by enabling AI interactions through simple phone calls.
In areas where poor internet connectivity makes access to apps nearly impossible, a simple phone call can now connect users to an AI assistant. These services are accessible within seconds; thanks to KrosAI.
Firima believes the next frontier is artificial intelligence. Its flagship product, Oracle, allows users to receive real-time banking, healthcare, educational, and e-commerce assistance over the phone.
“A decade ago, Africa’s biggest challenge for businesses was payments,” Firima, founder of KrosAI said. “Now, these businesses want to expand across emerging markets, but language barriers hold them back from reaching markets where attracting customers requires knowing local languages.”
Other Tech News Stories You Should Read:
Killing Creative Block with AI (Without Killing Creativity). Read now.
How Zimbabwean Startup ChatCash Is Helping Businesses Sell Smarter Through Chat-Based Commerce. Read now.
Step-by-Step Guide on How to Download Videos from Social Media Safely. Read now.
On Startup Spotlight:
How Vesti AI Is Transforming Global Immigration with Zyra, the World’s First AI Paralegal
Tanzanian fintech startup, NALA, has expanded into Kenya through a partnership with Equity Bank and payment utility PesaLink, in a move designed to tap into the country’s remittance inflows.
The collaboration has been touted to provide NALA with a faster route into East Africa’s most competitive payments market, avoiding the long and complex licensing process foreign entrants typically face.
With the deal, NALA will route diaspora transfers through PesaLink’s instant payment network and settle with Equity Bank. Recipients in Kenya will now receive funds in real time in mobile wallets or bank accounts, removing delays that have long been a frustration.
“Every year, billions are lost to cross-border payment fees worldwide,” said NALA’s co-founder and COO, Nicolai Eddy. “Our choice of infrastructure partners is essential to reducing fees and making cross-border payments more affordable for everyone.”
Quadri Adejumo brings you all the details. Read here.
Also Read:
Moroccan super-app Ora Technologies acquires Cathedis to bolster e-commerce and fintech push. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow.
Best, Quadri
