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Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative Organisation (SACCO) sector.
SACCOs play a key role in Kenya’s economic strategy, bolstering income-generating opportunities and more recently contributing to around 5.7 percent of the country’s GDP. According to the Sacco Societies Regulatory Authority (SASRA), they form an important part of the deposit taking and lending market in Kenya, providing financial services to around six million households across the country.
“The AppFactory will turn young people into highly competent, in-demand ICT professionals. Local companies, including ourselves, need more of this talent, especially in an increasingly digital world,” says Tim Hobbs, Director and CEO of Mawingu Networks.
The research began with casual backyard observations: when Shibata, a student in Saitama Prefecture, Japan, noticed that rhinoceros beetles were flocking to an ash tree in his family’s garden in the summer of 2019, he began documenting the behavior of the beetles for a self-directed summer science project. He realized that the beetles on the ash tree were actively feeding and mating all day, but the beetles on oak trees – the beetle species’ usual host – were only active during the night.
That was when Shibata decided to contact Dr. Kojima Wataru, a senior lecturer at Yamaguchi University who has written several books for young people about rhinoceros beetle ecology. Shibata mentioned that he was recording the number of beetles on the ash tree multiple times of day, which caught the scientist’s attention.