Michael Joseph, the chairman of the Board of Safaricom PLC has stepped down and replaced by John Ngumi, effective Monday,…
Latest in Business
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BankingBusiness
Absa Bank to invest kes 2bn in digital upgrades, launches instant online account opening platform
by Val Lukhanyuby Val LukhanyuAbsa Bank Kenya has announced that it will invest more than KES 2 billion this year in technological upgrades that…
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BusinessInsurance
Zamara takes Financial Inclusion Campaign to North Rift Region
by Val Lukhanyuby Val LukhanyuFinancial service Group Zamara and the Federation of Jua kali associations In the ongoing efforts to increase financial inclusion in…
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Samsung Electronics has today unveiled the latest line-up of consumer electronics available in the East African market. Among the innovation-packed…
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Safaricom (NSE: SCOM) has commenced a two-day summit forum for industry and other related stakeholders to showcase new technology and emerging…
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Meta has shared an update on its ongoing work to help ensure a safe and secure General Election in Kenya…
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Liquid Cyber Security, a business of Cassava Technologies, today launched the first of its matrix of Cyber Security Fusion Centres…
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Huawei, a Chinese technology company has committed to help Kenya boost its cyber security amid growing threats of digital attacks. According to…
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Business
African manufacturers must remain focused on skills development
by Sam Wakobaby Sam WakobaAfrican manufacturers should think big about digital development. At the current, pace of economic and technological advancement, too many of…
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Ecobank , the African banking group has won the coveted titles of ‘Africa’s Best Bank,’ ‘Africa’s Best Bank for SMEs,’ and ‘Africa’s Best Digital…
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Response Architects , operators of ShopEX, has teamed up with Alibaba Cloud, the digital technology and intellectual backbone of Alibaba Group, under…
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BankingWomen
Absa Bank Kenya hosts women entrepreneurs for the PanAfrican InspireME Conference
by Val Lukhanyuby Val LukhanyuAbsa Bank Kenya yesterday hosted over 3,000 businesswomen from across Africa for a one-day mentorship conference aimed at empowering women…
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BusinessTelcos
Airtel and Telkom customers can now make payments directly to Safaricom’s M-PESA Pay Bill Numbers
M-PESA has announced the launch of pay bill interoperability that will allow Airtell and Telkom customers make mobile money payments directly…
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Multichoice has launched a new training initiative to revolutionise the African TV sector, taking industry skills to a new level…
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BusinessLeadership
African leadership International enters into an agreement to acquire Silicon Valley’s Holberton
by Val Lukhanyuby Val LukhanyuAfrican Leadership International (ALI) which aims to transform Africa by developing three million entrepreneurial leaders by 2035, has entered into…
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Swvl Holdings Corp (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to…
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Jumia, a leading African e-commerce platform, has signed a Memorandum of Understanding with realme, the world’s fastest-growing smartphone brand, which would provide…
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Business
Safaricom introduces interest-free loans that will let customers shop for goods and pay later
Safaricom has introduced a zero-interest credit service for customers to shop for goods up to Ksh100,000 and pay later. With…
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The World Bank has appointed Victoria Kwakwa a Ghanaian national, as the new World Bank Vice President for Eastern and Southern Africa, effective…
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Business
Zoho launches Digital Enabler package to enable small businesses in Kenya digitally transform
Zoho, a global technology company has launched Zoho Africa Digital Enabler (ZADE) package in Kenya to enable small businesses digital transform. Zoho which…
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BankingBusiness
Absa Bank Kenya, Visa partner to launch domestic and cross-border remittance service
by Val Lukhanyuby Val LukhanyuAbsa Bank Kenya has partnered with global payments technology platform Visa to launch a domestic and cross-border remittance service ”…
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Business
Oakland-based dessert brand Eclipse’s secures $40 million Series B round to grow its plant-based dairy platform
Eclipse Foods,a US-based dessert brand has secured $40 million Series B round, led by Sozo Ventures with participation from leading…
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Kasha, a mobile store that offers health and personal care products for women has joined Jaza Duka, Mastercard’s micro-credit digital…
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Business
Telkom, Lipa Later partner to offer product financing for smart mobile devices
by Val Lukhanyuby Val LukhanyuTelkom Kenya and Lipa Later, have forged a partnership that will see Telkom give Kenyans access to smart mobile devices…
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BusinessTelcos
Telesmart.io and Liquid Cloud partner to increase efficiencies and improve customer experience
Telesmart.io,a company that provides global number and messaging services has been selected by Liquid Cloud, a business of Cassava Technologies, a pan-African technology service…
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The Walt Disney Company has rolled out Disney+ in 16 markets across the Middle East and North Africa (MENA) ,following the launch of Disney+ in…
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BusinessEntrepreneurshipStartupsTechTechnologyVenture Capital
What Happened to Kune Foods?
by Contributorby ContributorKune foods has been besieged by controversy from the moment the company launched in Kenya. A couple of days after…
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Business
Stanbic Bank Supports Over 45,000 Women Entrepreneurs & Businesses to Access Financing
by James Musobaby James MusobaStanbic Bank Kenya has over the last three years impacted more than 45,000 women entrepreneurs by enhancing financial inclusion…
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BusinessDigitalFintechTech
Pesapal Uganda receives Payment System Operator license from the Bank of Uganda
by Val Lukhanyuby Val LukhanyuPesapal Uganda has received a Payment System Operator license from the Bank of Uganda, pursuant to the National Payments Systems…
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Business
Proparco acquires 40% of Naivas stake in a sh3.7billion deal
by Val Lukhanyuby Val LukhanyuFrench sovereign wealth fund Proparco, a Mauritian Conglomerate IBL Group and German sovereign wealth fund have acquired a 40 per…