- Kenya has cancelled the controversial KShs 95.68 Billion (USD 736m) deal with Adani Energy Solutions for the development of transmission lines and sub-stations. The cancellation comes just a few hours after Gautam Adani was charged with fraud in the US. Adani has been accused of orchestrating a $…
- The fintech industry worldwide is witnessing unprecedented growth, driven by the integration of Artificial Intelligence (AI). According to market forecasts, AI in fintech market is expected to reach a staggering USD 70.1 billion by 2033, reflecting a compound annual growth rate (CAGR) of…
- Senegal’s eMobility solutions provider and energy startup Solarbox Africa on Thursday announced the closing of its $1m Pre-Seed round. The funding was led by early-stage investors Digital Energy Facility (a collaborative initiative led by Agence Française de Développement, IetP and Gaia Impact Fund…
- African climate tech startups are pulling in more money than ever before, overtaking fintech as the continent’s hottest investment sector. By September 2024, these startups had raised $413.9 million, making up a third of all startup funding in Africa. The shift shows investors are betting big on…
- ICANN, the nonprofit managing the Domain Name System (DNS), has announced the launch of the Applicant Support Program (ASP) for the next round of New Generic Top-Level Domains (gTLDs). The New gTLD Program: Next Round is an initiative that will enable the introduction of new gTLDs (including those…
- Today, OPPO launched its Find X8 series for the global market. The company plans to bring the flagship smartphone series to the Kenyan market. The OPPO Find X8 series are camera smartphones. The base model features three 50MP cameras at the back housed in the Cosmos Rimg design camera island,…
- M-PESA GO, Old Mutual and the Kenya Institute of Curriculum Development (KICD) have today unveiled a financial literacy online toolkit, targeting students in junior and senior schools. This learner’s toolkit comes after the launch of a teachers’ training platform in June this year to empower…
- Tatu City has announced the successful completion of a National Construction Authority (NCA) accreditation exercise, certifying 500 skilled workers and site supervisors. In a statement, Tatu City said this milestone underscores its unwavering commitment to upholding the highest standards in…
- The International Livestock Research Institute (ILRI) and the Centre for Tropical Livestock Genetics and Health (CTLGH) have launched a real-time livestock monitoring app. This app, part of the African Asian Dairy Genetics Gains Project (AADGG), aims to boost livestock productivity and support…
- African filmmakers have boundless ability, and they stand ready to usher in a new era of significant change. With access to new technologies, small, portable and user-friendly, they can now reach diverse audiences with their powerful African grassroots storytelling. Paradoxically, today’s new tech…
- NCBA has expanded its presence in Kenya with the launch of yet another branch in Kerugoya Town, Kirinyaga County The branch located at the Oasis Building in Kerugoya town will provide residents with the opportunity to access personalised banking services near them. The launch brings the total…
- Last week, journalists from various media houses in Kenya benefited from a comprehensive financial education training programme hosted by Old Mutual Group. This is in a bid to address the growing need for financial literacy to enhance public awareness. The training, aimed at enhancing the…
- LG Electronics (LG) has garnered significant recognition for its smart life solutions at the CES 2025 Innovation Awards, securing over 20 awards, including three prestigious Best of Innovation Awards. The CES Innovation Awards program, presented annually by the Consumer Technology Association,…
- Roam, a Kenyan tech-driven electric mobility company, is set to establish 10 additional solar-powered Roam Hubs in Nairobi with funding from ENERGICA, a European Union-supported initiative under Horizon 2020. The project aims to accelerate the adoption of clean, resilient transportation solutions…
- On one hand, phone theft has been a growing concern in many countries across Africa whereas on the flipside smartphone usage is on the rise in Sub-Saharan Africa with adoption rates reaching 61% in Kenya, 31% in Uganda and 24-25% in Rwanda and Burundi. According to Google, phone theft can be a…
- Safaricom has kicked-off a 90-day online gaming challenge that will see customers compete on simple puzzle, arcade and action games with daily cash vouchers totaling KES 500,000 and a Grand Prize of three Suzuki Altos up for grabs. The ‘Wai Ndai’ Challenge will run from 16th November 2024 to 15th…
- Equity Bank Kenya has announced a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities. The reduction follows the recent decision by the Central Bank of Kenya’s Monetary Policy Committee (MPC) to cut the Central Bank Rate (CBR) from 12.75% to 12.0%. The…
- Andela, the tech talent outsourcing company has partnered with the Cloud Native Computing Foundation (CNCF) to train over 20,000 African technologists in cloud-native technologies. Starting next year, this initiative will provide valuable skills and create global remote job opportunities at no cost…
- Cybersecurity firm Sophos today released the results of Sophos X-Ops research on a new type of threat, quishing. This new attack vector involves the use of fraudulent QR codes, emailed by threat actors, to bypass the phishing security measures put in place by companies. This fraudulent QR code,…
- Latitude59 Kenya’s Pitch Competition has announced the 10 startups selected to compete for an invitation to Latitude59 2025 in Tallinn, Estonia. The selected startups from Kenya, Nigeria and Tanzania will have the chance to win a prize pool of one million euros. The pitch competition broke records…
- A groundbreaking new toolkit, developed in collaboration with the Mastercard Foundation, eMobilis Technology Institute, and Africa Practice, offers a comprehensive roadmap to reform Kenya’s gig economy and create a more equitable and sustainable sector for over one million workers and businesses…
- Burning Heroes Founders Association has opened applications for the 2024 Burning Heroes Product Managers (PM) Contest Africa Edition. The competition is strategically designed to identify and nurture the next generation of product leaders on the continent while fostering meaningful connections…
- At COP29, IBM and Sustainable Energy for All (SEforALL) unveiled new AI-powered solutions to support sustainable urban development globally. The two said in a statement that these publicly available tools help policymakers and decision-makers map urbanization and address energy and infrastructure…
- Caroline Mutuku, Country General Manager of Glovo Kenya, recently ignited the minds of aspiring tech leaders at the University of Nairobi’s Tech Week Expo. During a captivating panel discussion themed Women Shaping the Future of Technology, she shared invaluable insights and emphasized innovation…
- Bolt Food has launched its Black Friday campaign, offering consumers discounts ranging from 25% to 50%. Running from 4th to 30th November 2024, the campaign spans over 250 restaurants, marking the company’s largest Black Friday initiative. Bolt Food aims to capitalise on the rising demand for food…
- NCBA has expanded its footprint in Homa Bay County with the official launch of its new branch. This investment reinforces the bank’s dedication to serving the economy by bringing financial products closer to its customers. The new branch boasts a growing customer base, with over 1,000 accounts…
- Estonian ride-hailing and food delivery startup Bolt revealed on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue. Speaking on 20VC, the technology podcast hosted by entrepreneur Harry Stebbings Bolt Founder and CEO Markus Villig said the app is currently present in more than…
- This month, the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) will lead its 2024-2025 Foundry Fellows on an ecosystem tour of Nairobi, Kenya. Over a three-day tour of Nairobi and a week-long experience in Kenya, Africa’s top innovation-driven…
- The Internet Corporation for Assigned Names and Numbers ICANN has partnered with Smart Africa to enhance Internet governance capacity development across Africa. Smart Africa is an alliance of African countries, international organizations, and global private sector players tasked with advancing …
- Microsoft has announced the launch of a new skilling initiative in Kenya aimed at training 1 million people in AI and cybersecurity by 2027. The tech giant says this initiative is part of its commitment to democratise AI and empower individuals with the skills needed to thrive in the digital…
- SAS, a leader in data and AI, has announced the acquisition of the principal software assets of Hazy, a pioneer in synthetic data technology. This strategic acquisition aims to enhance SAS’ robust data and AI portfolio, further equipping its customers with critical and timely synthetic data…
- The London Internet Exchange (LINX) is expanding its interconnection service provision in Kenya, adding LINX Mombasa to its global network map. One year on from the launch of its first Internet Exchange Point (IXP) on the continent, LINX Nairobi, the global interconnection service provider will be…
- Global technology group, e& has entered into a strategic partnership with WIOCC to boost the growth of the hyperscaler ecosystem across Africa. This collaboration will further strengthen e&’s presence in Africa, in addition to its global reach spanning 38 markets in Asia, the Middle East,…
- Short-form video hosting platform TikTok has revealed that it removed over 360,000 videos from its platform in Kenya due to violations of its community guidelines. According to TikTok, in its Q2 2024 Community Guidelines Enforcement Report released on Wednesday, the move is part of its efforts to…
- Smartphone financing is steadily gaining momentum in Kenya and across Africa. Over the years, various device financing models have emerged, offering pathways to affordable smartphone ownership for underserved populations. According to GSMA, buy-now, pay-later (BNPL) and pay-as-you-go (PAYGO)…
- About a month after partnering with Tanzanian fintech NALA to enhance the remittance process across Africa, NCBA Bank has announced a new remittance partnership with Xpress Money. With this collaboration, NCBA Bank aims to expand its financial services making it easier for its diaspora customers…
- South African data centre company Teraco announced today that it has begun construction of a 120MW utility-scale solar PV power plant in South Free State province. In a world first for data centre operators, Teraco will own the 120MW solar PV plant and wheel the renewable energy to its data centres…
- Asset finance solutions provider Watu has announced a significant milestone by selling over one million mobile devices in the Kenyan market. Through its Watu Simu subsidiary and in partnership with device manufacturers such as Samsung Mobile, the firm achieved a rare feat by financing the purchase…
- OPPO has renewed its collaboration with LOOP DFS to provide exclusive offers and improve the shopping experience for customers during the holiday season. From Monday, November 11 to December 31, 2024, customers can enjoy exclusive deals, including a minimum of 5% cashback on all OPPO devices, by…
- Infinix has launched the Hot 50 Pro+ in the country. The Hot 50 Pro+ joins its siblings in the Hot 50 series which includes the Hot 50i which we recently reviewed. Infinix’s HOT 50 Pro+ features the TitanWing Architecture, combining a sleek 6.8mm 3D Curved SlimEdge display with a luxurious design,…
- Vivo V40 Lite Review: Vivo excels at creating beautiful yet affordable smartphones, and the V40 Lite, as their latest midrange smartphone and successor to the V30 Lite, exemplifies this commitment. UNBOXING The V40 Lite comes in a sleek black box with warranty and user guide, a transparent back…
- Equity Group’s 9-month Profit after Tax grew 13.1% to KSh 40.9 billion with regional subsidiaries accounting for 51% of the profit for the period. This is according to the group’s Q3 results released on Tuesday. The Group has seen its deposit franchise grow 9% year-on-year to Kshs.1.3 trillion…
- If you’re a fan of documentaries, Showmax has an impressive lineup this November that you wouldn’t want to miss. Among the highlights are The Station Strangler and Action S, two gripping films that dive deep into real-life mysteries and critical global issues. With compelling storytelling and…
- NAPAfrica, Africa’s leading Internet Exchange Point (IXP), has reached a significant milestone, driving 4.5Tbps of traffic as its peering community grows. Mimecast, Fortinet, and Tencent join its existing members, including Akamai, Amazon, Apple, ByteDance (TikTok), CDN77, Cloudflare, Facebook (…
- Vivo has today announced that the V40 Lite is available in the country, right off the heels of the main V40[Full Review]. The Vivo V40 Lite, the upgraded successor to the V30 Lite and a smaller version of the V40, features a 6.67-inch AMOLED display with a 1080 by 2400 pixel resolution, 120Hz…
- Safaricom has embarked on its annual Christmas Festive campaign dubbed ‘Sambaza Furaha’ to reward and celebrate its customers across the country. The five-week campaign seeks to celebrate the festive season by rewarding its customers with surprise gifts, spreading seasonal blessings and sharing joy…
- Metrofile Kenya, a leader in information and records management, has announced a joint partnership with the Kenya Association of Records Managers and Archivists (KARMA) to drive digital transformation in Kenya’s records management sector. This initiative, aligned with the Ministry of Information,…
- NCBA Bank has opened a new branch in Kitui underscoring its commitment to bringing banking services closer to residents in the region. The new branch aligns with the bank’s strategic focus to expand financial services in more regions of the country and improve banking access for Kenyans. The NCBA…
- The Communications Authority of Kenya (CA), the country’s communication regulatory body has ordered the suspension of Telegram in the country and this has led to lose of access to the messaging platform both on the its official Android, iOS, desktop apps and its website. The past few days, Telegram…
- Kenya’s leading Safaricom on Thursday announced impressive growth in its customer base in Ethiopia, reporting a 47.3% increase in monthly active users. Safaricom revealed this when it unveiled its financial results for the first six months in Nairobi on Thursday. This growth has brought the…
