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Huobi & CASHU partner to make cryptocurrency trade easy for users in North Africa & Middle East

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Huobi and the MENA-regional online payments giant CASHU are making accessing cryptocurrency as easy as buying a Netflix subscription or paying a bill for millions of people across the often-underserved regions of North Africa and the Middle East.

Thanks to their new partnership, nearly 2.3 million CASHU users can now buy and sell Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and EOS (EOS) directly from CASHU’s mobile app. Users don’t need access to a bank account and can even pay in local currencies. Users on CASHU’s mobile app can make crypto transactions as easily and effortlessly as they would paying a bill or signing up for online services.

“A core part of Huobi’s mission has always been making global wealth more accessible so we’re excited to be taking this step with CASHU in furthering our mission,” said Livio Weng, CEO of Huobi Global.

The partnership with CASHU was led and managed by Huobi MENA, Huobi’s Dubai-based Middle Eastern, African, and Turkish branch. “The partnership between Huobi and CASHU is a unique business model that enables virtual digital assets trading to CASHU’s millions of users through a simple mobile app. This unique business model empowers even the unbanked population to trade in cryptos,” said Mohit Davar, co-founder of Huobi MENA. He further added, “We are very excited about this partnership and business model. We will be looking to replicate this with other partners in other countries also.”

Thaer M. Suleiman, CEO of CASHU, also commented on the new partnership. “We are excited about this partnership with Huobi to provide millions of users in the MENA region with the ability to trade cryptocurrencies the easiest way,” he said. “We hope this would be a start of a very fruitful opportunity to bring the experience of Cryptocurrency Trading to a very dynamic, young and exponentially growing region.”

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CASHU is used as a payment method by nearly 2.3 million users and more than 75,000 vendors spread across the Middle East and North African regions as well as 7,000 online merchants and service providers globally.

CASHU is designed from the ground up to accommodate users without access to a bank account. Users can make payments in local fiat currencies with CASHU’s local merchants in order to add credits to their account balances. Using that same balance, the customers can buy cryptos instantly. In addition, customers who wants to physically own cryptos can register an account directly with Huobi and trade over 400+ cryptos.

CASHU charges users a modest and transparent 2% transaction fee for buying and selling cryptos with local currencies – a relative bargain in a region where local currency markups are commonly much higher.   

“We’ve seen very strong interest in crypto across MENA but a constant pain point users face is how to access it when all that user has is local fiat currency,” said Davar. “This initiative is a big step towards fixing this problem.”


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Huawei Nova 5T set for Kenya release

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Despite being one of its most successful budget smartphone lineups in the world, Huawei hasn’t made it a priority to avail its Nova devices in the country.

For the most, our idea of budget devices from Huawei has been those in its Y series, the latest being the Huawei Y9s it launched late last year just as the Huawei Nova 5T was going on sale in several other markets around the world, months after its August announcement.

According to a statement sent by the company’s local office early last week, Huawei is expected to make the Nova 5T available in the local market soon. Our money is on the device showing up this week, at least going by what we’ve heard from our sources.

The Huawei Nova 5T is a variation of another device offered by Huawei’s sub-brand Honor. Since Honor devices are not available locally, at least on an official basis, the Nova 5T will make up for the Honor 20’s absence.

Borrowing from Huawei’s established trend of packing notable optics on its budget devices, the Nova 5T packs 4 cameras at the back: a 48-megapixels high-resolution shooter backed by a 16-megapixel ultra-wide-angle lens, a 2-megapixel bokeh lens and another 2-megapixel lens for macro shots.

It also keeps the premium look and feel of recent budget devices from the company that have their way to the local market like the P30 Lite (both standard and “new” edition) and those that dominate the upper echelons of the Y series with glass on the front and back sandwiching an aluminium frame.

Its cling to fame, however, will be the fact that it will become the first Huawei smartphone in Kenya with a punch-hole display, following Samsung’s lead with similar devices in the Galaxy A series, for which it will be competing against.

The punch-hole is to accommodate the 32-megapixel selfie camera.

Other features that give it a leg up include the choice of chipset that Huawei has opted to go with (the same Kirin 980 processor that can be found on the flagship P30 Pro) and the famed Huawei SuperCharge which, by using the 22.5W charger included with the device, users are assured of juicing up the device to at least the halfway mark in just half an hour.

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There is also a departure from Huawei’s adherence to putting the fingerprint sensor either on the front, as it has done in the past on certain devices, under the display or on the back. On the Nova 5T, the fingerprint reader resides on the power button, something we have also seen on devices from Samsung, Nokia and others for a long while now.

According to Huawei, the Nova smartphone series has been a tremendous success. As we noted in our newsletter back in 2018, by mid that year alone, the lineup had seen over 50 million of its units shipped by Huawei around the world. The number, according to the statement we received last week from the company, grew to 65 million units by the end of that year. By now, it is doing nine figures.

How much do you think the Huawei Nova 5T will be going for?

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Huawei Nova 5T specifications

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The post Huawei Nova 5T specifications appeared first on Android Kenya.

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Garissa leaders propose arming of local administration

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Leaders from Garissa Sunday convened a consultative conference for peace, security and countering violent extremism and came up with a raft of measures to fight terrorism.

The measures include arming the local administrators like chiefs and providing them with at least ten police officers stationed at the chief’s camp.

The meeting also proposed that special forces be deployed to terror-prone areas as opposed to the current arrangement where police officers without specialized training are deployed and the Kenya Défense forces be deployed to man the border.

The government was also urged to avoid extra judicial killings and forced disappearance and also  treat volunteers of information with utmost secrecy to avoid victimization.

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Others include the upgrading of all roads to bitumen standards to avoid planting of Improvised Explosive Devices-IEDs, that have claimed the lives of 653 officers in a span of three years.

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The committee that is charged with collecting the views will then share the same with the national security for action and implementation.

The forum was attended by current  and former political leaders as well as senior security chiefs.

The meeting was prompted by latest terror attack in Kamuthe and Saretho primary schools in Dadaab and Fafi sub counties respectively  where three teachers and four pupils were killed by al-shabaab militia.

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