Business
SBM Bank Kenya Profit More Than Doubles to KSh911 Million
SBM Bank Kenya more than doubled its pretax profit in the first nine months of 2026 as higher income, deposit growth and an improving bad-loan ratio strengthened its financial...
How To Guides
Blockchain Technology Beyond the Buzzwords
Blockchain technology is a way to maintain a shared record that participants can verify without relying entirely on one central database owner. Its applications extend beyond digital money. Even...
Startups
Uganda’s MAM Telecom Secures $250,000 Grant to Build Digital Payments Infrastructure
MAM Telecom Ltd., a Uganda-based financial infrastructure company, has secured a $250,000 grant from an anonymous South African businessman to develop technology aimed at addressing liquidity and settlement challenges...
Tech
Airtel Africa Ramps Up Spending to $1.1 Billion to Expand Network Service for its 183.5 Million Customers
Airtel Africa Plc plans to spend about $1.1 billion on capital expenditure in the financial year ending March 2027, extending its investment programme after spending $884 million in the...
Business
SBM Bank Kenya Profit More Than Doubles to KSh911 Million
SBM Bank Kenya more than doubled its pretax profit in the first nine months of 2026 as higher income, deposit growth and an improving bad-loan ratio strengthened its financial performance, BusinessTech...
Business
Absa Signs Kipchoge After Record-Breaking Melbourne Marathon Victory
Absa Bank Kenya Plc has signed marathon star Eliud Kipchoge as its Official World Tour Financial Partner, using the Kenyan runner’s international profile to...
Business
Moove Exits Nigeria After Uber Departure, Gives Drivers $26 Million in Cars
Nigeria-founded mobility company Moove has ended its operations in the country, weeks after Uber’s departure disrupted the ride-hailing ecosystem that underpinned its local vehicle-financing...
Tech
Bluecore Energy Secures Nuclear Fuel After $50 Million Funding Round
Bluecore Energy has purchased enriched uranium from nuclear fuel intermediary WMC, advancing development of its floating nuclear power system after raising $50 million in...
Tech
Microsoft’s Nairobi Engineering Hub Faces Closure, Putting About 400 Jobs at Risk
Microsoft is preparing to close its Africa Development Centre (ADC) in Nairobi, putting about 400 engineering jobs at risk and threatening to end a...
How
Factors to Compare Before Applying for a Credit Card in South Africa
A credit card is a crucial financial tool. Apart from providing instant revolving cash, it can help you improve your credit score if you...
Business
AvadaPay’s All-in-One Payment and SMS Solution for Growing Businesses
Ask a growing business how it manages its payments and customer communication, and you'll often hear a familiar story.One provider handles collections.Another handles payouts.Bulk...
Samsung Care+ Offers Affordable Damage Cover in East Africa
Samsung has expanded access to Care+, a service plan built to help owners of eligible Galaxy smartphones in East Africa manage the cost of...
TECNO Wins Two IFA Global Product Technology Innovation Awards for Modular Phone and Tonino Lamborghini TECNO TAURUSÂ
Earlier this month TECNO, a global AI-driven innovative technology brand, achieved two IFA Global Product Technology Innovation Awards at IFA 2026 for its products:...
iGaming AFRIKA Summit Opens in Nairobi with Focus on Regulation, Taxation & Growth
The inaugural iGaming AFRIKA Summit opened in Nairobi on Monday, bringing together regulators, operators, investors and technology firms to discuss the future of Africa’s...
The Trust Economy: Why the Data Protection Act is the New SME Gold Standard
By Veerakumar Natarajan, Country Head, Zoho KenyaSix years ago, Kenya enacted the Data Protection Act (DPA), becoming the first East African country to establish...
Safaricom’s Daraja 3.0 Platform Speeds Up API Integration for Kenyan Businesses
Faster integration of payment systems is emerging as a competitive advantage for businesses operating in Kenya’s digital economy.Developers say improvements introduced under Safaricom’s Daraja...
SBM Bank Kenya Profit More Than Doubles to KSh911 Million
SBM Bank Kenya more than doubled its pretax profit in the first nine months of 2026 as higher income, deposit growth and an improving bad-loan ratio strengthened its financial performance, BusinessTech reports.Profit before tax rose 122% to KSh911 million in the nine months ended...
SBM Bank Kenya Profit More Than Doubles to KSh911 Million
SBM Bank Kenya more than doubled its pretax profit in the first nine months of 2026 as higher income, deposit growth and an improving...
Blockchain Technology Beyond the Buzzwords
Blockchain technology is a way to maintain a shared record that participants can verify without relying entirely on one central database owner. Its applications...
AI-Fuelled Cyber Threats Put Kenya’s Small Businesses at Risk as Attacks Hit 11.12 Billion
Kenya recorded 11.12 billion cyber threat events in the last financial year, a 29% increase from 8.62 billion a year earlier, as artificial intelligence...
Kuunda Raises $5 Million to Expand Into 7 New Markets
Kuunda, a digital lending infrastructure company expanding access to credit across Africa, has raised $5 million led by E4E Africa with participation from existing...
Seedstars Backs Startups Tackling Africa’s Water and Food Loss Problems
Seedstars has backed Morocco’s solar irrigation company, Jordan’s water-monitoring startup and Uganda’s food-preservation business for cash prizes as 22 ventures advance through SANAD ElevateHer.Three...
CEO Weekends: Nigeria’s College Date is a Campus-First Social Platform for African Students
The College Date, a Nigerian student-focused social platform, has reached approximately 1,010 registered users as it looks to raise $250,000 in pre-seed funding to accelerate growth across university campuses.Founded by Godswill Godlife Onah, the platform combines dating, social discovery, messaging and student services, positioning...
Startups
Standard Chartered Backs Seven Kenyan Women-Led Startups With $70,000 in Grants
Standard Chartered Plc's charitable arm awarded 9 million Kenyan shillings (about $70,000) in grants to seven women-led technology startups, part of a program aimed at closing the funding gap...
Startups
Mamor Capital Raises $18.8 Million First Close for South Africa Tech Fund
Mamor Capital has secured R300 million ($18.8 million) in the first close of its debut venture capital fund, giving the black women-owned investment firm capital to begin backing post-revenue...
