Africa-Tech Archives - GlobeInteraction

Africa-Development, Africa-Tech, Featured Development

Nigerian micro-lending Startup QuickCheck uses machine learning to credit-score borrowers

In a bid to increase access to credit across the country, Nigerian micro-lending startup QuickCheck is using machine learning to credit-score borrowers. Launched in July of last year, QuickCheck has developed a fully automated online platform that, based on algorithmic correlation, can disburse loans within seconds. The probability of default is estimated based on details…

Africa-Tech

Digital currency could spark African financial revolution

Cryptocurrency, or simply put, digital currency that uses cryptography as security, is now providing opportunities to reach Sub Saharan Africa’s largely unbanked population, with Bitcoin being the most popular. According to the World Bank, the number of Africans using cryptocurrency stood at 326 million in 2011. During the first half of 2017, Bitcoin’s average number…

Africa-Tech

How this local startup is revolutionizing Tanzania’s education sector

Tanzanian startup tanzDevs is on a mission to revolutionize the country’s education sector through visual learning. According to the company’s officials, it’s the best methodology for educating young people. Launched last year, tanzDevs has developed Smart Darasa, an Android mobile platform with the ability to enhance regular textbooks and make them interactive, bringing contents to…