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Equitel
Finserve Africa Limited (doing business as Equitel) is a mobile virtual network operator (MVNO) in Kenya. It is a wholly owned subsidiary of Equity Group Holdings and is using the Airtel Africa, Airtel Kenya network as its carrier. Overview The Equitel brand was hailed by Equity Group as the "next big thing", as part of an overhaul dubbed "Equity 3.0". The move was to give Equity Bank the opportunity to continue its mission of furthering financial inclusion and innovative service offerings for all Kenyans by presenting their financial services offering on to a single platform which will make banking services more accessible, flexible convenient and more affordable. Airtel Kenya on their part stated that the partnership would increase their revenue by up to 10%. The brand made Equity Bank the first financial institution in Africa to offer a full banking suite through an MVNO. History Equity Bank, through its subsidiary Finserve Africa Limited, received its MVNO Licence on 11 Ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Group Holdings
Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services Bank holding company, holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, Democratic Republic of the Congo and a representative office in Ethiopia. Overview EGHL is the largest financial services conglomerate in East and Central Africa. As of March 2024, it had assets exceeding KSh1.70 trillion (US$13 billion). The group also has over 20 million customers [source] in seven African Great Lake countries, with KSh1.32 trillion (US$10 billion) in deposits. EGHL has exclusive rights to issue American Express credit cards across the African continent outside South Africa. As of the wuarter 3 financial results ending 2024 September, EGHL reported an asset base worth Ksh1.70 trillion ($13 billion). The total group of customers was 21 million, with Ksh1.32 trillion ($10 billion) in d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Bank Kenya Limited
Equity Bank Kenya Limited is a Kenyan bank and financial services provider headquartered in Nairobi providing retail banking and commercial banking services. The bank is licensed as a commercial bank by the Central Bank of Kenya, which is the national banking regulator of Kenya. In 2010 the bank introduced the Agency banking model, which has proved a success and is regulated by Central Bank of Kenya Prudential guidelines. History Equity Bank Kenya Limited was incorporated in 2014, as a result of the corporate restructure of its parent company Equity Group Holdings Limited. Prior to November 2014, Equity Group Holdings Limited operated both as a licensed bank and a holding company for its subsidiaries. On 31 October 2014, Equity Bank announced its intention to incorporate a new, wholly owned subsidiary Equity Bank Kenya Limited, to which it would transfer its Kenyan banking business, assets and liabilities. By converting Equity Group Holdings Limited into a non-trading hol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subscriber Identity Module
A typical SIM card (mini-SIM with micro-SIM cutout)A SIM card or SIM (subscriber identity module) is an integrated circuit (IC) intended to securely store an international mobile subscriber identity (IMSI) number and its related key, which are used to identify and authenticate subscribers on mobile telephone devices (such as mobile phones, tablets, and laptops). SIMs are also able to store address book contacts information, and may be protected using a PIN code to prevent unauthorized use. SIMs are always used on GSM phones; for CDMA phones, they are needed only for LTE-capable handsets. SIM cards are also used in various satellite phones, smart watches, computers, or cameras. The first SIM cards were the size of credit and bank cards; sizes were reduced several times over the years, usually keeping electrical contacts the same, to fit smaller-sized devices. SIMs are transferable between different mobile devices by removing the card itself. Technically, the actual physic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include: the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, (BV) in The Netherlands and Belgium, (SARL) in France, (S.r.l.) in Italy, and (SRL) in the Hispanophone, Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. Abbreviations Albania In Albania, a limited liability company () is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreements. Partners' contributions constitute the registered capital of a limited liability company. Each partner has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda
Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. With a comparatively high elevation, Rwanda has been given the sobriquet "land of a thousand hills" (), with its geography dominated by mountains in the west and savanna to the southeast, with numerous lakes throughout the country. The climate is temperate to subtropical, with two rainy seasons and two dry seasons each year. It is the most densely populated mainland African country; among countries larger than 10,000 km2, it is the third-most densely populated country in the world. Its Capital city, capital and largest city is Kigali. Hunter-gatherers settled the territory in the Stone Age, Stone and Iron Ages, followed later by Bantu peoples. The population coalesce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tanzania
Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to the south; Zambia to the southwest; and Rwanda, Burundi, and the Democratic Republic of the Congo to the west. According to a 2024 estimate, Tanzania has a population of around 67.5 million, making it the most populous country located entirely south of the equator. Many important hominid fossils have been found in Tanzania. In the Stone and Bronze Age, prehistoric migrations into Tanzania included South Cushitic languages, Southern Cushitic speakers similar to modern day Iraqw people who moved south from present-day Ethiopia; Eastern Cushitic people who moved into Tanzania from north of Lake Turkana about 2,000 and 4,000 years ago; and the Southern Nilotic languages, Southern Nilotes, including the Datooga people, Datoog, who originated fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda
Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region, lies within the Nile basin, and has a varied equatorial climate. , it has a population of 49.3 million, of whom 8.5 million live in the capital and largest city, Kampala. Uganda is named after the Buganda, Buganda kingdom, which encompasses a large portion of the south, including Kampala, and whose language Luganda is widely spoken; the official language is English. The region was populated by various ethnic groups, before Bantu and Nilotic groups arrived around 3,000 years ago. These groups established influential kingdoms such as the Empire of Kitara. The arrival of Arab trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LTE (telecommunication)
In telecommunications, long-term evolution (LTE) is a standard for wireless broadband communication for cellular mobile devices and data terminals. It is considered to be a "transitional" 4G technology, and is therefore also referred to as 3.95G as a step above 3G. LTE is based on the 2G GSM/ EDGE and 3G UMTS/ HSPA standards. It improves on those standards' capacity and speed by using a different radio interface and core network improvements. LTE is the upgrade path for carriers with both GSM/UMTS networks and CDMA2000 networks. LTE has been succeeded by LTE Advanced, which is officially defined as a "true" 4G technology and also named "LTE+". Terminology The standard is developed by the 3GPP (3rd Generation Partnership Project) and is specified in its Release 8 document series, with minor enhancements described in Release 9. LTE is also called 3.95G and has been marketed as 4G LTE and Advanced 4G; but the original version did not meet the technical criteria of a 4G wire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M-Pesa
M-PESA (M for mobile, ''PESA'' is Swahili language, Swahili for money) is a mobile banking, mobile phone-based money transfer service, payments and Micro-finance, micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia. The rollouts in India, Romania, and Albania were terminated amid low market uptake. M-PESA allows users to deposit, withdraw, transfer money, pay for goods and services (''Lipa na M-PESA'', Swahili language, Swahili for "Pay with M-PESA"), access credit and savings, all with a mobile device. The service allows users to deposit money into an account stored on their cell phones, to send balances using Personal identification number, PIN-secured Short Message Service, SMS text messages to other users, including sellers of goods and services, and to redeem deposits for regular money. Users are cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communications Authority Of Kenya
The Communications Authority of Kenya (CA) is the independent regulatory agency for the ICT (Information, Communications and Technology) industry in Kenya with responsibilities in telecommunications, e-commerce, broadcasting,Computer security, cyber security, and Mail, postal/courier services. The CA is also responsible for managing the country's numbering and Spectral density, frequency spectrum resources, administering the Universal Service Fund (USF) as well as safeguarding the interests of users of ICT services. The Authority began its operations on 1st July 1999 as the Communications Commission of Kenya (CCK) after the split of the Kenya Posts and Telecommunications Corporation (KPTC), following the enactment of the Kenya Information and Communications Act (KICA), 1998. Since its establishment, the Authority has executed its mandate through implementation of five (5) Strategic Plans, which are aligned with the national priorities, regional and international development fram ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Card
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
