- Carrier-neutral data center infrastructure provider iColo on Monday announced it has added and commissioned over 650 kilowatts (kW) of new solar installations across its two data center campuses in Nairobi and Mombasa. Over 450kW of this new solar capacity is available within iColo’s NBO campus,…
- Workpay, the Kenyan cloud-based HR, payroll and benefits platform has raised $5m in Series A funding. The funding round was led by Norrsken22 and included participation from Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Ventures and Acadian Ventures, a venture firm…
- Binance users in Ghana, Tanzania, Uganda, and Zambia can now buy and sell crypto assets using mobile money, the company has announced. This development, the company says marks a significant step towards making cryptocurrency transactions more accessible and convenient in these African markets. The…
- Students of Menyenya Secondary School in Nyamira County, Bradford Nyangiri and Felix Makori have emerged as the overall winners of the 2024 Young Scientists Kenya [YSK] National Science and Technology Exhibition. Their project, titled “Sunken Cooking Jacket,” stood out in a competitive field of…
- NCBA Group disbursed KES 478 billion in digital loans in the first half of 2024, marking a significant milestone for the bank and underscoring its commitment to digital transformation. This amount represents a 4.0 per cent increase compared to the loans issued during the same period last year,…
- After years of drought, the sudden arrival of heavy rain that began in Kenya late last year seemed like a long-awaited turn in fortune. However, as the rain continued to fall, the celebrations quickly turned into a nightmare, with people swept away and homes completely inundated. Indeed, for many…
- VC firms and startups can look to imminent interest rate cuts to revive dealmaking but cuts alone may not bring back the industry’s ZIRP-fueled glory days. The African venture capital landscape has experienced a significant downturn in the last two years, marking a stark contrast to the robust…
- OPPO Reno12 Series: OPPO has officially announced the launch of two new AI Phones – OPPO Reno12 and Reno12 F. The phones introduce a suite of GenAI features that the company says are set to unlock new realms of productivity and creativity. They also represent a new chapter in the history of the…
- Human Mobile Devices (HMD) is now the official global media partner for FC Barcelona, one of the world’s most iconic football clubs. The announcement was made through a creative reveal video shared on the official social media channels of both HMD and FC Barcelona. In the video, Saul Peregrina, the…
- Kenyans’ interest in artificial intelligence (AI) has more than doubled soaring by 150 per cent compared to the same period in 2023 according to new search trends released by Google on Monday. Data from the tech giant show that searches in Kenya for “what is AI” also increased by 60%, while…
- NCBA Group’s profit after tax has increased to KES 9.8 billion in the first half of 2024 according to the Group’s financial results released on Monday. This is a 5.0 per cent increase compared to KES 9.4 billion reported during a similar period in 2023. NCBA demonstrated strong financial…
- Little App Rates: Over the past month, the ride-hailing industry in Kenya has been marked by unrest, as drivers demand better rates to sustain their livelihoods amidst rising costs. With increased competition from both local and international players, the industry has faced disruptions. In response…
- Kenya’s Lillian Kariuki is among the eight members appointed to TikTok’s Safety Advisory Council for Sub-Saharan Africa. The popular short video platform made this announcement during its Safety Summit held in Nairobi, Kenya. T TikTok says it is taking major steps to boost safety on its platform…
- Kenya’s revenue collection agency KRA is seeking to implement technological advancements to enhance tax system and increase revenue collection following a directive from the country’s new National Treasury Cabinet Secretary (CS) John Mbadi. Speaking at a recent meeting with KRA’s top leadership…
- Ethio telecom has partnered with Visa to launch Ethiopia’s first wallet-based Virtual Visa Card. The partnership which was announced on Tuesday also seeks to enhance the current international money transfer remittance services through the introduction of telebirr Remit App and Visa Direct,…
- OPPO will be launching the Reno12 Series in Kenya on August 22nd 2024. The company says this latest addition to the Reno series is set to redefine the smartphone experience with its groundbreaking technology and innovative features. OPPO Reno12 series launch comes after the global launch of OPPO’s…
- Prudential plc (Prudential) and Google Cloud are betting big on AI to revolutionize insurance through a strategic partnership announced on Tuesday. The two will create AI-powered products and applications that will revolutionize how customers, agents, and employees interact with insurance Google…
- Bolt has today announced a partnership with microfinance company Hakki Africa to provide vehicle financing for drivers on its platform. This partnership aims to deploy 1,500 vehicles over the next 18 months to drivers on Bolt’s platform that reach certain criteria for consideration. Driver partners…
- Ben Roberts, the Group Chief Technology and Innovation Officer (GCTIO) at Liquid Intelligent Technologies (Liquid), is leaving the company. Ben has been with Liquid for 22 years where he has been a pivotal figure in driving the company’s technological advancements and innovations across the African…
- Liquid Intelligent Technologies (Liquid) has partnered with American connectivity innovator Globalstar to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf. The partnership which was announced on Monday will provide Liquid with exclusive rights in the Gulf,…
- Xiaomi Kenya has launched the Redmi Note 13 Series Offers Festival 2024, running from August 9th to September 9th. This month-long promotion offers an incredible opportunity for tech enthusiasts and smartphone users to upgrade to the Redmi Note 13 Series with discounts of up to KES 3,500. Upgrade…
- Glovo has launched a countrywide initiative to support couriers in its ecosystem affected by the recent floods in Kenya. Through a dedicated Crisis Relief Fund, Glovo has disbursed over 500,000 Kenya shillings to help these couriers cope with the losses caused by the severe weather conditions. The…
- The BNI Convention held in Naivasha on Friday, 16th August 2024, brought together over 400 entrepreneurs and business leaders from across Africa and beyond for a day of networking, learning, and growth. The event, hosted by BNI Kenya was a remarkable success, fostering deeper connections and…
- A multi-ethnic country located in Africa’s Great Leakes region, Kenya has one of the most prominent online sports betting markets on the continent. This online sports betting industry is expected to reach $53.74 million by 2029, registering a 6.38% annual growth rate. That impressive growth is…
- Roam, Kenya’s electric mobility company has partnered with Greenspoon, an online retail store specializing in organic food to offer a fully sustainable food delivery service. According to a statement from the two companies, this collaboration is set to redefine the food delivery experience in…
- TCL, the world’s top 2 TV brand and a leader in consumer electronics innovation has announced the launch of the TCL C655 QLED TV. This ground-breaking television is designed to deliver an unparalleled viewing experience, seamlessly blending advanced technology with exceptional performance to…
- All is set for the last leg of the 2024 LOOP Safari gravel series, set for Saturday, August 24th at the Vipingo Ridge, Kilifi County. The leg will mark the conclusion of the 2024 LOOP Safari gravel series which kicked off earlier in the year at Tatu City, in February, before moving to the hills ……
- TCL has unveiled the TCL C855 Premium QD-Mini LED TV in Kenya. TCL says this television sets a new benchmark in home entertainment with its ground-breaking technology and exceptional performance. The TCL C855 Premium QD-Mini LED TV is designed to deliver an extraordinary visual experience.…
- Equity Group announced on Friday that Mr. Moses Okoth Nyabanda, its Chief Finance & Strategy Execution Officer, has been appointed as the Acting Managing Director of Equity Bank Kenya. His appointment follows the exit of Mr. Gerald Warui whom the bank says has proceeded for early retirement. ”…
- In this episode, we unpack the existing gaps in payments in Africa with Angie Jones, the Global Vice President of Developer Relations for TBD, Block’s newest business unit focused on open and decentralized technologies. We also talk about the recently announced TBD Hackathon in collaboration with…
- Cybersecurity firm Sophos has launched a customer success program for its customers and channel partners across different regions. The new program features a team of experts who support customers throughout their post-sales experience with ongoing security resources and alerts, webinars and other…
- MultiChoice has announced it will be offering Kenyans a price discount for its GOtv Supa+ package starting August 13th until 10 November 2024. GOtv Supa Plus, which was previously Ksh.3700, will now retail at Ksh.3000 offering new customers the opportunity to get immersed in the world of…
- MultiChoice Talent Factory (MTF) has announced the call for entries for the Class of 2025, offering aspiring filmmakers across Eastern Africa the chance to hone their skills and build successful careers in the film and television industry. The applications are open to young professionals across…
- Binance, the crypto exchange company announced on Thursday that it has achieved another milestone in meeting worldwide regulatory standards. The firm revealed that it has obtained registration with the Financial Intelligence Unit (FIU) of India. This achievement marks Binance’s 19th global…
- Information and Communication Technologies (ICTs) can help accelerate progress towards the attainment of the 17 United Nations Sustainable Development Goals (SDGs), United Nations Industrial Development Organization (UNIDO) has said. Speaking at MWC24 Shanghai, Zhao Xiaolei, Head of UNIDO ITPO (…
- Safaricom has expanded the coverage of its 5G network to all 47 counties in Kenya growing the 5G footprint to 14% of the population. In an update shared on Monday, the telco said it now has 1,114 5G sites up from 803 sites as of March this year covering 102 towns across the country. In …
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- LOOP App: Over the last couple of years, Africa has become one of the fastest-growing app markets in the world. Last year, After analyzing 140 million installs, across 3,000 finance apps, Google in collaboration with analytics firm AppsFlyer found that installation of loan and finance apps in…
- Britam’s innovation hub, BetaLab, has announced the six fintech startups selected for its 12-week pre-incubation program. Britam says these startups were chosen for their exceptional ability to address market needs within Britam and BetaLab’s areas of operation in the finance and insurance sector…
- Kenya’s biggest bank by market capitalisation Equity Group has reported a 12.5% growth in net profit in H1 2024. This is against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets in which the Group operates. On Monday, the lender…
- One year after launching its first electric mobility product in Africa, Uber Electric Boda, Uber says it has seen an 81% increase in active driver sign-ups. The company says the affordability of the product for Nairobi residents has led to a 94% increase in trips since its launch in August 2023. …
- Airtel Kenya has opened a new Airtel Money Branch in Mombasa’s Central Business District (CBD). The telco says the move is part of the continuous expansion of its service footprint in the coastal region. Centrally located on Haille Selassie Road, off Digo Road, the new branch adds to the over 2600…
- NCBA monthly maintenance fees: Monthly maintenance fees are common among local banks. They are fees, or a monthly service fee, charged by a financial institution to a customer using a checking or savings account. Monthly maintenance fees are charged at the end of the month based on the product…
- Ahead of International Youth Day (IYD) on 12th August 2024, the government, through the Ministry of Youth Affairs and Sports, launched National Youth Week in Kisumu on 6th August, with additional regional activities in Eldoret, Murang’a, and Isiolo. The theme for this year’s IYD is ‘From Clicks to…
- Odibets has launched a one-of-a-kind promo dubbed “Omoka na EPL 5G” that is set to see punters on their platform walk away with various prizes from just placing bets. With the 5G symbol standing for Gari, Ganji, Galaxy, Gifts (bonus) and other greatness (merchandise), Odibets has given punters an…
- 113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around the world. Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi commissioned the airlift of the 113 scholars drawn from the Equity Leaders…
- Safaricom has announced that its mobile money services M-PESA will be unavailable on Sunday night due to a scheduled system maintenance. “We will be conducting scheduled system maintenance on the night of Sunday, 11th August 2024, from 11pm to 4am on Monday, 12th August,” Safaricom says in a…
- NCBA climbed 7 spots to secure the 85th position as one of Africa’s Most Valuable Brands in 2024. This is according to a new report from Brand Finance, the world’s leading brand valuation consultancy released recently. NCBA is one of Kenya’s leading financial institutions and is ranked the third-…
- Exness, one of the largest brokers in the world, has launched a new brand campaign, marking a shift in how it connects with traders, recognizing that trading is fueled by more than just data and product features. The campaign titled “Born to Trade” focuses on the emotions that drive a trader’s…
- Infinix recently hosted the largest CogLabs workshop bringing together more than 200 students at the University of Nairobi. Themed “Get in Now”, Infinix partnered with UNESCO and Google to provide the students with AI and robotics education through the CogLabs initiative. This project aims to…
- Hotpoint Appliances, a leading distributor of LG electronics, won silver in the Best Home Appliances (Brands) eCommerce Website category of the sixth Kenya e-Commerce Awards. Hotpoint Appliances was recognized for its outstanding performance in creating and managing an effective and user-friendly…
