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Sophos Warns of the Risk of Data Theft in the Smart Car Sector

Brand Voice
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Sophos Warns of the Risk of Data Theft in the Smart Car Sector

Sophos is warning of rising risks of data theft in the smart car sector at the recent Shanghai Motor Show held in China to celebrate electric cars and onboard intelligence.

Of the 90 million vehicles (cars, trucks, and buses) produced worldwide in 2024, 31.3 million were produced in China, i.e. 34% of the global total, according to an Inovev report. France is also following this trend, with many consumers now opting for cars from Chinese brands such as BYD, Xpeng, Beiking and Hongqi.

Sophos, a global leader of innovative security solutions for defeating cyberattacks, is drawing users’ attention to how their personal data could be used for malicious purposes. Indeed, it is inadvisable to synchronize one’s phone or any other device with a vehicle, whether their own or even more so in the case of a rental car, as the car could use its internet connectivity to make a copy of contacts and other sensitive data and upload to the Internet, long before one has the ability of deleting it when returning the rental car, for example. 

A modern vehicle is packed with computers, lidars, various radios, and external cameras. What’s more, it is also equipped with aerial updating capabilities that could very well be repurposed as a surveillance platform.

According to Nate Drier, Technical Lead, Red Team, Sophos: “As with any technology, given the opportunity, necessity, intent, and capability, in-vehicle technology can be misused. Car manufacturers can track the movements of modern vehicles in real time, and this is likely to be even truer for electric vehicles. Yet this information could be used to build rich maps of an environment encompassing both the physical and electromagnetic environment (by searching for Wi-Fi networks, the positions of cell phone towers, etc.).”

Sophos, therefore, recommends being aware and checking what manufacturers are collecting on vehicles, and what they can do using over-the-air update capabilities.

Village Capital Invests $200,000 in Women-led Startups Across MENA, South Asia

Sam Wakoba
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Village Capital Invests $200,000 in Women-led Startups Across MENA, South Asia

Early-stage investor Village Capital has invested $200,000 in three women-led startups operating across the Middle East, North Africa and South Asia, the firm said on Wednesday, as it seeks to address persistent funding gaps faced by female founders in emerging markets.

The investments were made through the Futuremakers Women in Tech Financing Facility, a philanthropic initiative backed by Standard Chartered, and target alumni of the bank’s Women in Tech programme. The facility provides early-stage capital to help women entrepreneurs scale technology-driven solutions in underserved markets.

The beneficiaries are BeMe, a Pakistan-based digital mental health platform; Dabchy, a Tunisia-founded second-hand fashion marketplace operating across North Africa; and FreshSource, an Egyptian agri-tech company focused on improving fresh produce supply chains.

“These companies are building context-specific solutions in sectors that urgently need innovation,” said Meredith Storton, senior manager for investments at Village Capital. “This initiative is not just about capital, but long-term ecosystem support.”

Addressing structural funding gaps

Access to capital remains a major barrier for women-led startups in the region. In the Middle East and North Africa, only 8.7% of startup funding in 2024 went to companies with mixed-gender founding teams, according to data from Wamda. In Pakistan, the share of funding raised by women-led startups fell from 34% in 2021 to 8% in 2022, according to Invest2Innovate.

Standard Chartered said the financing facility aims to help close these gaps by providing catalytic capital alongside mentorship and ecosystem support.

“Empowering women is critical to sustainable economic growth,” said Regina Mukiri, regional head of community impact and engagement for Africa, the Middle East and Pakistan at Standard Chartered.

Portfolio companies

BeMe, based in Pakistan, offers online access to certified therapists for users in Pakistan and the Pakistani diaspora, addressing a shortage of mental health professionals through culturally tailored digital care.

Dabchy operates a peer-to-peer marketplace for second-hand clothing and lifestyle goods in Tunisia and Egypt, promoting circular consumption in a region dominated by fast fashion. The platform has more than 750,000 users and over 4 million listed items, the company said.

FreshSource, an alumnus of Village Capital’s accelerator programmes, connects Egyptian farmers directly with institutional buyers using a data-driven logistics platform, aiming to reduce food waste and improve market access for smallholder farmers.

Village Capital said the funding will support operational expansion, technology development and market growth for the three startups.

 

How Competitive Gaming Is Shaping the Future of Wagers

Ronald Bwire
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How Competitive Gaming Is Shaping the Future of Wagers

Competitive gaming, if you didn’t know any better, you’d probably think that it’s about two or more people just going at it. While you would be half right, competitive gaming is so much more, and it is literally shaping the future of gambling. 

In this article, we will review just how competitive gaming is influencing the wagering niche. If that sounds interesting, wait till you get to the end of the article. Let’s dive straight into it. 

Data Analytics and Predictive Modelling

Two decades ago, this title would have had absolutely no meaning to someone betting on a horse race. However, modern-day gambling heavily relies on data analytics. Why, you may wonder? Well, these insights can sort of predict what is going to happen. 

Take a soccer game, for instance. If you are to wager on Arsenal beating Huddersfield, all you’d have to do in order to one-up the next punter is review how the old games ended. After all those who fail to learn their history….So the next time, be sure to incorporate this small tactic into your betting arsenal. 

Emergence of Fantasy Sports

Besides hoping on a sports betting Zambia site like Betway to wager on who the next AFCONN winner will be, you could go a mile further and bet on who might score the most goals or give the most assists. 

There are now apps like fantasy football that allow you to build your dream team and even compete with your friends. Since you won’t want to be at the bottom of the food chain, then you’ll probably assemble the best squad and just like that, that competitive urge spikes. 

Cross-Promotion with Traditional Sportsbooks

This is arguably one of the biggest contributing factors in promoting competitive gambling. Cross-promotion attempts to fuse different markets, especially the ones with a traditional undertone. Take esports betting, for instance. 

Up until a few years ago, this was far from coming into the light. However, with the rise of games like League of Legends and Dota 2 into the picture, it has definitely firmed a grip in the wagering market. 

Why this works like a charm lies deeper than just connecting bettors with emerging markets. It also gives punters a new avenue to exercise their competitive instinct.

Rise of Skin Betting

If you haven’t bet on skins before, you may probably be lost. Skin betting, just like esports, is a new emerging avenue where punters can see how competitive it gets. Skins don’t refer to actual skins rather in-game materials that hold real-life value.

When playing games like Counter-Strike 2, you’ll see players betting on stuff like even a character’s outfit. This goes ahead to show you that it is no longer about winning or losing, but you can bet on so much more. 

Conclusion

Competitive gambling is the new traditional betting. With new betting avenues emerging on Betway, all the more reason for punters to want to topple each other when betting. From the rise of esports and skin betting to the role data analytics and predictive modelling play, it can only go upward. 

List Of All Nairobi Postal Codes (2026 Update)

Joseph Richard
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List Of All Nairobi Postal Codes (2026 Update)

Nairobi is a place of many activities in Kenya. It is a county in Kenya, designated county 047, and also happens to be the Largest City in Kenya. If you are a resident of the city, perhaps you have ever wondered what the postal codes for Nairobi are. The City itself is known for its 00100 GPO postal code, but the city has quite a number of Constancy and small towns, each with their own respective postal code numbers.

Introduced in the 1990s, the Nairobi postal codes are managed by the Postal Corporation of Kenya, popularly known as Posta Kenya. While some people refer to postal codes in Nairobi as Zip codes, they all play an essential role not just in sorting and delivering mail but also in other services, i.e., logistical, and so on.

What Is Nairobi’s Postal Code?

Like other counties in Kenya, Nairobi County also has its own unique postal code system. The postal codes in Nairobi were established in 1998 under Posta Kenya’s oversight to replace colonial-era addressing methods and meet the demands of a growing capital. The official postal code for Nairobi County is 00100 for the General post offices, popularly known as Nairobi GPO, which also happens to be the postal headquarters for all Post offices in Kenya.

The Postal Corporation of Kenya provides that all postal codes in the country are 5-digit numbers, where each digit plays a significant role. For example, the 00100 code here, the first two digits 00 designate Nairobi’s central postal region, while the last three 100 pinpoint the General Post Office itself.

Complete List of Nairobi Postal Codes by Area

Knowing the Nairobi GPO code is not enough to grasp all the postal numbers for Nairobi County; the postal code in Nairobi is tied to how the county is split administratively. The City has 17 sub-counties comprising several wards and smaller towns, each with its own postal code. If you need to understand all Nairobi constituencies and their postal codes, you can check the Nairobi Postal Code directory website to get all the details.

Below is a list of all the Major Postal codes for smaller towns within Nairobi County:

  1. G.P.O. Nairobi — 00100
  2. Jamia — 00101
  3. State Law — 00102
  4. City Square — 00200
  5. Kenyatta National Hospital — 00202
  6. Ronald Ngala Street — 00300
  7. Tom Mboya Street — 00400
  8. Enterprise Road — 00500
  9. J.K.I.A. Airport — 00501
  10. Karen — 00502
  11. Mbagathi — 00503
  12. Mchumbi Road — 00504
  13. Ngong Road — 00505
  14. Nyayo Stadium — 00506
  15. Viwandani — 00507
  16. Yaya Towers — 00508
  17. Langata — 00509
  18. Makongeni — 00510
  19. Buruburu — 00515
  20. Dandora — 00516
  21. Uhuru Gardens — 00517
  22. Kayole — 00518
  23. Mlolongo — 00519
  24. Ruai — 00520
  25. Embakasi — 00521
  26. Ngara Road — 00600
  27. Gigiri — 00601
  28. Lavington — 00603
  29. Lower Kabete — 00604
  30. Uthiru — 00605
  31. Sarit Centre — 00606
  32. Kamiti — 00607
  33. Kenyatta University — 00609
  34. Eastleigh — 00610
  35. Mathare Valley — 00611
  36. Ruaraka — 00618
  37. Muthaiga — 00619
  38. Village Market — 00621
  39. Parklands — 00623
  40. Kangemi — 00625
  41. Westlands — 00800

How Phishing Scams Have Become More Difficult to Detect

Ronald Bwire
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How Phishing Scams Have Become More Difficult to Detect

A password is often the only thing preventing a cybercriminal from gaining unauthorized access to sensitive data stored on a secure network. Consequently, cybercriminals deploy a wide range of schemes designed to obtain passwords from system users.

Phishing scams have become one of the most popular cyberattacks aimed at obtaining passwords. These scams attempt to convince targets that the attacker is a legitimate user — IT support personnel, a representative from a well-known company, or an executive at the user’s company, for example — who can be trusted with their password. If the targeted user falls for the scam, the system has been breached.

Phishing has grown in popularity in recent years, primarily due to the rise of artificial intelligence. Cyberattackers armed with the power of AI can make phishing scams more effective by increasing their authenticity, complexity, and persuasiveness.

“Generative AI makes it much easier for cyber attackers to develop phishing campaigns,” says Marcelo Barros, Director of Global Operations for Hacker Rangers. “The power AI provides to create deepfakes also empowers new variations of phishing, such as vishing attacks that use AI to generate voice calls mimicking a boss or other person in authority.”

Clients around the world trust Barros and his team at Hacker Rangers to provide cutting-edge cybersecurity solutions aimed at preventing phishing and other common attacks from succeeding. The Hacker Rangers platform is built upon an innovative approach to cybersecurity training that leverages gamification to make cyber awareness fun and engaging for employees. With Hacker Rangers, companies can enhance in-house cybersecurity programs with training exercises that keep employees up to date on the latest cybersecurity threats and the most effective ways to neutralize them.

As Barros explains, today’s organizations must pay attention to the rise in phishing attacks and take steps to improve their security. “Nine out of ten organizations report that they fell prey to phishing attacks in 2023,” Barros recently said in Cyber Defense Magazine, “with nearly seven out of ten employees saying they contributed to the attacks’ success by knowingly taking risky actions such as handing over credentials to untrustworthy sources.”

On the attack: AI increases the authenticity of phishing attacks

While phishing scams may seem very simple, they have proven to be very effective because they circumvent a system’s cybersecurity control frameworks. These scams trick users into handing over their passwords by playing on their fears or mimicking the normal messages they receive throughout their workday.

“One of the primary reasons phishing is effective is its focus on deep-rooted human emotions,” Barros says. “Rather than seeking to overcome cyber defenses with computing power or zero-day exploits, it overcomes them by exploiting empathy, fear, and greed.”

For example, a phishing scam might involve messages that inform a company’s employees it’s time to update their passwords and follow instructions that lead to the attacker gaining access and control of their passwords. Employees may easily fall for this, as password resets are a common occurrence.

In years past, the weakness of phishing scams was that they often had flaws that a careful user could spot, such as typos, poor grammar, or inconsistencies in formatting. Training provided to users on identifying phishing messages usually focused on these types of issues as telltale signs that a cyberattacker was targeting them.

Today, however, AI has given cyberattackers the power to create messages that are error-free and easy to fall for. Additionally, AI can be used to gather and include details that make messages feel remarkably legitimate.

For example, a scammer can use AI to scan through a person’s social media accounts and identify their writing style, then develop phishing messages that appear to be coming from that person. Similarly, cyberattackers can use AI to learn about their targets on social media and other public platforms, allowing them to develop personalized messages that appear more authentic.

On the defense: AI can be used to uncover next-level phishing

One option for addressing next-level phishing attacks is to use artificial intelligence to bolster defenses. If AI can be trained to identify the telltale signs of phishing, it can support employees’ defense efforts by pointing out suspicious messages. To ensure that AI-powered systems are kept up to date on phishing schemes, companies should empower employees to contribute to the intelligence the organization gathers about the phishing attacks it faces.

“An organization’s best defense against phishing will be employees who are trained on the threat,” Barros says. “The training should provide a general understanding of how phishing works, how to identify it, and how to report it when it’s suspected. As employees add to an organization’s understanding of the threat it’s facing, they enhance its overall ability to keep systems secure.”

Artificial intelligence has significantly increased the risk of phishing attacks by making them harder to detect, meaning targets must increase their vigilance in response. Taking the time to carefully scrutinize every message and address even the slightest suspicion is critical to keeping today’s cyber attacks from succeeding.

OpenAI Buys Coding Startup Windsurf for $3 Billion

James Musoba
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OpenAI Buys Coding Startup Windsurf for $3 Billion

OpenAI has agreed to acquire Windsurf, an AI-powered coding assistant formerly known as Codeium, for approximately $3 billion.

This acquisition marks OpenAI’s biggest deal to date and is expected to enhance ChatGPT’s coding capabilities, as OpenAI continues to improve its models amid increasing competition in the AI-driven software development sector.

Windsurf, founded in 2021 by MIT alumni Varun Mohan and Douglas Chen, offers an IDE-agnostic AI coding assistant that integrates into multiple development environments, including VS Code, JetBrains, Jupyter, and Neovim. The platform emphasizes enterprise-grade data privacy, deployment flexibility, and extensibility, appealing to organizations seeking reliable alternatives to cloud-bound assistants.

The acquisition is seen as a strategic move to strengthen OpenAI’s competitive position in AI-assisted code generation, an area currently led by GitHub Copilot. OpenAI’s interest in Windsurf is likely driven by both its technical maturity and strategic fit, as the company brings in about $40 million in annualized recurring revenue and was last valued at $1.25 billion after a funding round led by General Catalyst.

This move reflects a growing trend of consolidation in the AI space, as major AI developers seek to secure strategic applications and technologies built on their foundational models. If completed, the acquisition could attract scrutiny from antitrust regulators, considering OpenAI’s rapidly expanding influence in the field.

C-One Acquires Struggling Bankly Microfinance Bank

Ronald Bwire
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C-One Acquires Struggling Bankly Microfinance Bank

C-One Ventures Platform (C-One) has acquired the licences, technology and select assets of Bankly -a licensed microfinance bank and fintech firm across Nigeria.

The deal is subject to regulatory approvals including from the Central Bank of Nigeria. The acquisition will see Bankly integrated into C-One operations and scaling it even further.

“We believe financial services should be simple, affordable and accessible to everyone,” said a representative of C-One. “Bringing Bankly into our ecosystem allows for a combination of community networks with our powerful digital infrastructure to expand access to finance for underserved communities and drive real economic participation.”

Founded in 2018, Bankly provides its users access to savings, payments, and credit solutions and was recently under pressure due to liquidity constraints and operational lapses leading to disrupted customer services and downtime. The acquisition will see C-One restore Bankly services and continuity with Bankly’s Co-founder, Tomilola Majekodunmi, as an advisor.

“We are immensely proud of the impact we have made over the years. Bankly was built to serve people who were left out of the formal financial system and with C-One’s backing, we have an opportunity to build on this foundation, address recent challenges, and expand our reach to even more communities,” said Majekodunmi.

Founded in 2018 by Tomilola Adejana and Fredrick Adams, Bankly started as an airtime voucher recharge platform before evolving into a savings, payments, group contributions, and credit access platform over 50,000 agents and over 2 million customers leading it to acquire a Microfinance Bank license.

In March 2024, Bankly secured $2 million in seed funding to help it take its services to more unbanked masses in Nigeria using its model. Joining C-One Ventures portfolio will help it grow its services and even reach more users as C-One, an investment firm, has the funds to drive loans, savings and customer withdrawals.

C-One also runs Fulcrum, a fintech platform financing suppliers in Nigeria, GetPayed, a payment and banking solutions firm, and Gomoney, a Nigerian digital.

IFC, TLG Capital Announce $75m Fund For Distressed Startups

Ronald Bwire
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IFC, TLG Capital Announce $75m Fund For Distressed Startups

IFC and TLG Capital have announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with $75 million raised to support small and medium sized enterprises in Africa—and to protect jobs at those businesses.

IFC, through its Distressed Asset Recovery Program (DARP), committed $20 million.Swedfund invested $15 million in TLG Africa Growth Impact Fund II (TLG II). Other backers include Norfund, Bpifrance, and the UK Foreign, Commonwealth & Development Office (FCDO). South Africa’s Aluma Capital invested $5 Million in TLG Africa Growth Impact Fund II.

“Today, one in four SME loans in Africa is under stress,” said Isha Doshi, Co-Founder of TLG Capital. “And yet, the entrepreneurial spirit is unshaken. AGIF II is our answer to that call for partnership. It’s about capital that understands context—financing that’s flexible, strategic, and backed by advisory horsepower from McKinsey, BDO, ESS, and Ndarama Works. TLG AGIF II brings together both capital and capacity building.”

The fund will provide financing in partnership with African banks to support up to 20 SMEs that face stress with their existing loan options. This financing offers them a local capital lifeline to weather macro shocks or other challenges they are facing, helping them emerge stronger.  The fund will support businesses across vital sectors, including manufacturing, healthcare, agriculture, and telecoms.

“This initiative incorporates a strong mobilization component that aims to leverage private sector funding to enhance the growth of financially stressed but sustainable SMEs,” said Aliou Maiga, IFC’s Financial Institutions Group (FIG) Director for Africa.

UK Deputy High Commissioner in Lagos, Mr. Jonny Baxter added: “A strong manufacturing sector is key to driving economic growth and industrialization in Nigeria and across Africa. By supporting TLG Capital, we’re fostering greater capital flows into Nigeria, which in turn supports job creation, generates wealth and secures a prosperous future. TLG Capital is one of the key partners we are working with to improve foreign direct investments that support manufacturing in Nigeria, which will have a lasting positive impact on both our economies.”

IFC’s DARP focuses on the acquisition and resolution of distressed assets, the refinancing and roll-over risk of viable entities, and the restructuring of SMEs. Since it was established in 2007, DARP has committed $9.2 billion globally, including the mobilization of $6 billion. This has enabled banks to offload over $46 billion of non-performing loans, while helping over 21 million debtors resolve their obligations.

TechTrends Media Launches The Green Shift Podcast to Amplify Sustainability in Africa

Sam Wakoba
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TechTrends Media Launches The Green Shift Podcast to Amplify Sustainability in Africa

TechTrends Media, a Nairobi-based technology and innovation platform, has launched The Green Shift, its latest podcast, hosted by Nixon Kanali, famously known for TechTrends technology site.

The podcast will explore how sustainability and technology are shaping Africa’s future and will feature in-depth conversations with sustainability leaders, climate tech entrepreneurs, policymakers, and innovators tackling environmental and social challenges.

Covering topics like clean energy, green finance, circular economy practices, and climate-smart agriculture, the show seeks to amplify African-driven solutions for a more sustainable world.

“As we evolve into a media agency, The Green Shift reflects our commitment to producing content that raises awareness and drives action,” said Nixon Kanali, Host and Founder of TechTrends Media. “This show complements our TechTrends Podcast, which continues to spotlight African innovation, startups, and the latest in technology.”

This new podcast complements TechTrends Media’s sustainability-focused publication, ECONEWS (econews.co.ke), further solidifying the company’s commitment to impactful storytelling.

Available on Spotify, Apple Podcasts, YouTube, and all major streaming platforms, The Green Shift debuts on May 15, 2025.

The launch of The Green Shift aligns with TechTrends Media’s transition into a full-service media and content agency, offering branded storytelling, podcast production, digital PR, and strategic content development for partners in the tech and sustainability space. Together, The Green Shift and The TechTrends Podcast strengthen TechTrends Media’s mission-driven storytelling, inspiring audiences worldwide.

NCBA Bank Commits Over $36 Million to Boost Digital Banking Infrastructure

Brand Voice
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NCBA Bank Commits Over $36 Million to Boost Digital Banking Infrastructure

Over 1.7 billion adults worldwide have no access to traditional banking services or a bank account, yet access to credit and capital, secure savings, and efficient payment services enable small businesses to expand, create jobs, and drive economic development.

NCBA Bank sees technology, especially mobile technology as an integral part of day-to-day tools to bridge the financial services with over 1.1 billion out of the 1.7 billion persons without access to a bank account, owning a mobile phone. 

By embracing an innovation-driven approach, NCBA Bank’s strategic investments in new core banking architecture, artificial intelligence (AI), cloud banking, and data analytics have not only enhanced operational efficiency but also significantly improved customer experiences and cybersecurity measures and doubled its reach to millions of users.

In its Full Year 2024 financial results, NCBA Bank Group PLC posted a profit after tax of KES 21.9 billion, a 2.0 per cent increase compared to KES 21.5 billion reported during a similar period in 2023. The Group`s role in driving financial inclusion through partnerships saw it cross the KES 1 trillion mark on digital loan disbursements, a 23 per cent increase year on year due to investments in digital transformation.

In partnership with Huawei and MuRong Technology, NCBA Bank implemented Kenya’s first digital core banking system with a distributed architecture. This next-generation system, built on a distributed DevOps framework, gave NCBA agile and robust technical support for its digital financial services, enabling the bank to provide seamless and efficient services to more customers. 

Huawei and MuRong Technology developed a next-generation digital core banking system for NCBA Bank and migrated 80 million small deposit and loan accounts and consumer loan accounts to the new system. These increased NCBA’s digital capabilities and performance, allowing it to cross the KSH Trillion mark.

The core banking system uses distributed architecture and is built on a distributed Development and Operations (DevOps) framework, giving it more agility and robustness needed for NCBA Bank’s digital financial services.

On the first day of operations, the system migrated data from 60 million accounts all at once, reaching 420 Transactions Per Second (TPS) at the peak of system performance. 

On robustness, the then Eric Muriuki Njagi, Group Director for Digital Business, NCBA said, “We have a view or a mission to be Africa’s most valued digital platform for financial services, which then means we are seeking to move to not just identify ourselves as a bank but identify ourselves as a marketplace upon which financial services are offered, upon which customers can then find innovations that impact positively their daily life. So that also was a primary motivation for the investment we made with HUAWEI and the continued collaboration with them.” 

AI and Data Analytics for Personalized Services

It’s not just the core digital banking infrastructure that NCBA modernized. NCBA also adopted Oracle’s integrated marketing solutions allowing it to deliver personalized services, better attract and retain clients, and improve return on investment. Oracle’s AI and data analytics platforms have helped NCBA analyze customer behaviors and preferences, leading to more accurate profiling and tailored financial solutions. 

Strengthening Cybersecurity

Banking aside, NCBA has made substantial investments to bolster its cybersecurity infrastructure. In 2023, the bank allocated nearly $31 million to secure it’s systems, migrate to the cloud and bolster customer experiences and security. Additionally, the bank implemented robust data quality management solutions to maintain information integrity and accuracy across its platforms.

In 2024, NCBA Bank invested another $5 million dollars in cyber to fortify its fire walls amid spiraling cases of cybersecurity in Kenya. 

“We see this issue as a real problem across the banking industry, and because of that, it is important that, as a company, we put in the necessary infrastructure to deter such vulnerabilities,” said John Gachora, NCBA Bank MD after Kenya announced a 16.5 percent percent rise in cybersecurity incidents, with reported cases reaching 1.1 billion from March to June 2024, compared to 971.4 million during the same period in 2023.

Promoting Inclusive Finance

Cybersecurity measures aside, NCBA is committed to innovation and promoting financial inclusion in East Africa. Through collaborations with technology partners like Huawei, the bank has developed digital platforms that provide mobile loans and other financial services to previously unbanked populations. These efforts have transformed lives by offering accessible financial solutions to a broader segment of the population. 

This month during the financial literacy month, NCBA has partnered with Family Media to educate masses on savings, investments, mortgages, unit trusts, real estate among others.

NCBA Bank is not only enhancing its service offerings but also setting a benchmark for innovation and financial literacy in the banking industry. The bank’s proactive approach to adopting AI, cloud banking, and data analytics positions it at the forefront of the financial sector’s evolution,  and the financial literacy clinics ensures it meets the dynamic needs of its customers while maintaining robust and secure banking systems and promoting financial inclusivity to the last mile.

Egypt’s Money Fellows Raises $13M to Enhance Financial Inclusion in Africa

James Musoba
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Egypt’s Money Fellows Raises $13M to Enhance Financial Inclusion in Africa

Money Fellows, Egypt’s fintech digital platform, has raised $13 million to enhance and upgrade the company’s digital platform, especially as its user base expands to over 8.5 million users and it continues to collaborate with more than 350 local and regional partners.

This new round of investment is co-led by Al Mada Ventures (AMV) and DPI Venture Capital via the Nclude Fund, with notable contributions from Partech, and CommerzVentures, and brings the total amount invested in the company to over $60 million USD since its inception.

According to Ahmed Wadi, Founder and CEO of Money Fellows, “This investment is a testament to the potential we have to further our mission of empowering individuals, especially in underserved regions, to save, invest, and access credit in a cost-effective and impactful way.”

Founded in 2017 by Ahmed Wadi, Money Fellows has quickly established itself as a leader in the Fintech space. With this new funding, the company is poised to expand its operations into new markets, including North Africa, with a focus on Morocco, a key market for digital financial services. This growth is expected to be bolstered by major upcoming events such as the 2025 Africa Cup of Nations and the 2030 FIFA World Cup, which will significantly boost digital finance adoption across the region.

The new investment aims all of which are dedicated to driving innovation across emerging markets. This investment is set to support the company’s expansion into new markets and drive a major shift in traditional methods of saving, borrowing, and investing by digitizing these services and delivering them in a modern, secure way. The goal is to advance financial inclusion and enable millions of individuals to access innovative and efficient financial services.

Money Fellows is a digital platform that modernizes Rotating Savings and Credit Associations (ROSCAs), a practice deeply rooted in African financial culture. With its easy-to-use mobile app, Money Fellows allows users to join savings circles, invest, and access credit in a secure, transparent, and efficient manner. To date, the platform has facilitated over $50 million in investments and supports 250,000 subscribers across multiple African countries.

“ROSCA’s (Rotating Savings and Credit Association) are very old financial arangements, with roots going back hundreds, if not thousands of years.” said Omar Laalej, Managing Director at AMV. “AMV was impressed by the modernized version of this business that Money Fellows was able to build, positively impacting thousands of families in Egypt. We are excited to partner up with the team as they expand their horizon and capabilities.

“DPI believes that the future of financial services in Africa lies in innovation, and Money Fellows is leading the way by modernizing traditional savings systems,” said Mohamed Aladdin, General Partner at DPI Venture Capital. “We are excited to partner with such a visionary company on a mission to enable seamless access to financial management tools to consumers in Egypt, and look forward to seeing them expand their impact across the Middle East and Africa.”

Kenya Power to Install 45 Electric Vehicle (EV) Chargers in 6 Counties

Ronald Bwire
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Kenya Power to Install 45 Electric Vehicle (EV) Chargers in 6 Counties

Kenya Power is set to install a total of 45 electric vehicle (EV) chargers in Nairobi, Nyeri, Kisumu, Eldoret, Nakuru, Mombasa and Taita Teveta counties.

Out of the 45 EV chargers, six will be located at strategic locations within the Jomo Kenyatta International Airport. So far Kenya Power has installed 3 EV chargers within Nairobi.

“Kenya Power is committed to enable the country’s transition to electric mobility to catalyse the reduction of carbon emissions. Part of our plan is to create an enabling environment for players within the e-mobility ecosystem through provision of adequate power supply and the requisite infrastructure such as charging stations that will enable motorists to travel with ease,” said Kenya Power’s Managing Director & CEO, Dr. (Eng.) Joseph Siror at the opening ceremony for the 3rd Annual E-mobility Conference and Expo.

Official statistics indicate that the transport sector accounts for about 23% of global carbon emissions. The Government of Kenya has committed to a 32% reduction of greenhouse gas emissions by the year 2030.

“To support this initiative, we are working together with the private sector players to identify the energy and infrastructure needs within the e-mobility space to inform the deployment of the right strategies that will accelerate EV adoption in Kenya,” said Dr. (Eng.) Siror.

Currently, there are approximately 9,047 EVs registered in the country compared to 2,694 and 5,294 that were registered in 2023 and 2024 respectively. The growth of E-mobility has been spurred by various initiatives that have been undertaken to create an enabling environment including the introduction of the E-mobility tariff in the current electricity tariff control period.

“We appreciate the immense support that we have received from the Government of Kenya towards driving the uptake of E-mobility. Our focus is to work closely with the Government of Kenya to advocate for policies that will continue to incentivize EV adoption such as tax exemptions and subsidies for electric vehicles and charging infrastructure,” said Kenya Power’s Chairman of the Board of Directors, Joy Brenda Masinde.

Anza Village, WOJO Nairobi Partner to Accelerate Startup Growth in Africa

Sam Wakoba
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Anza Village, WOJO Nairobi Partner to Accelerate Startup Growth in Africa

               

Anza Village, a community of startups across Africa and beyond and WOJO Nairobi, a workspace and hospitality – Workspitality space and part of Accor Hospitality group, have partnered to unlock access to co-working spaces, exclusive discounts, and a vibrant ecosystem for Anza Village members, both in Nairobi and globally.

As part of the partnership, Anza Village members will receive exclusive perks, including discounted rates on co-working spaces, meeting rooms, and access to community events at WOJO Nairobi and other WOJO locations across the continent. This initiative marks a major step forward in Anza Village’s mission to support startups wherever they are by providing access to premium, flexible workspaces and global business communities.

“We’re building more than a startup network, we’re building bridges for entrepreneurs across borders,” said James Owino, the CGO, ANZA VILLAGE. “This partnership with WOJO gives our members a home base in every city where WOJO operates, creating new opportunities for connection, collaboration, and growth.” The partnership also reflects a shared vision of supporting Africa’s growing innovation landscape by giving entrepreneurs the tools, space and networks they need to succeed.

Located in Nairobi’s Upper Hill district, WOJO Nairobi redefines the workday experience by blending modern coworking with hospitality, a concept they call Workspitality. Members can work from beautifully designed spaces while enjoying access to hotel services, restaurants, wellness facilities, and event venues all under one roof.

WOJO’s presence in Africa is equally growing, with current hubs in Nairobi and Abidjan, and plans to expand into Kigali, Dakar, Lagos and Cape Town, making it a key player in supporting the continent’s next wave of startups. “Anza Village members are driving innovation across Africa and beyond,” said Lina Wilhelmy, Growth Lead at WOJO Nairobi. “We’re excited to welcome them into our spaces, not just here in Nairobi, but across our international locations as well.”

WOJO Nairobi is also a part of WOJO’s expansive European network of over 400 thoughtfully designed workspaces, known for combining flexible work environments with premium hospitality to offer a new way to work, connect, and grow.

“At Anza Village, we are committed to creating opportunities and access for entrepreneurs to thrive. This partnership with WOJO is a significant step toward that mission.” said Wangechi Wahome, the CEO, ANZA VILLAGE. “By opening up their world-class co-working spaces to our community at discounted rates, WOJO is not only providing physical spaces, they are investing in the growth and success of startups across the ecosystem. We’re excited about the possibilities this collaboration unlocks, and we look forward to seeing our community build, connect, and scale from these vibrant spaces”.

This partnership officially launches in April 2025, with joint community events and startup showcases already in the works. From Nairobi to Abidjan and other upcoming WOJO centres in Africa, Anza Village members can now plug into WOJO’s global network of inspiring workspaces and like-minded professionals.

Startups interested in joining the Anza Village community or learning more about the Anza Village x WOJO partnership can visit Anza Village’s website or stop by a. WOJO location near them.

Airtel Partners With SpaceX to Bring Starlink Internet to its Customers in Africa

Ronald Bwire
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0
Airtel Partners With SpaceX to Bring Starlink Internet to its Customers in Africa

Airtel Africa has partnered with SpaceX to bring Starlink’s high-speed internet services to its customers in Africa in a move expected to enhance its next-generation satellite connectivity offerings for enterprises, businesses, and insititions in rural parts of Africa.

Currently, SpaceX has acquired requisite licenses in 9 out of 14 countries within Airtel Africa’s footprint. Operating licenses for the other 5 countries are under process. With this collaboration, Airtel Africa will also explore rural coverage expansion through cellular backhauling.

According to Airtel Africa MD and Chief Executive Officer Sunil Taldar: “This partnership with SpaceX is a significant step to demonstrate our continued commitment to advancing Africa’s digital economy through strategic investments and partnerships. Next-generation satellite connectivity will ensure that every individual, business, and community have reliable and affordable voice and data connectivity even in the most remote and currently under-served parts of Africa.”

Airtel Africa and SpaceX will continue to explore other areas to promote digital inclusion in the continent as well as SpaceX’s ability to utilize and benefit from Airtel’s ground network infrastructure and other capabilities in Africa.

In March, Airtel and SpaceX partnered to bring Starlink’s high-speed internet services to its customers in India to enable Airtel and SpaceX to further explore how Starlink can complement and expand Airtel’s offerings in India.

Airtel and SpaceX in India offer Starlink equipment in Airtel’s retail stores, Starlink services via Airtel to business customers, opportunities to connect communities, schools, and health centers, among many others. The firm’s will do the same in Africa.

SpaceX Vice President of Starlink Business Operations Chad Gibbs said: “We are very excited to work with Airtel to bring the transformative benefits of Starlink to the African people in new and innovative ways.  Starlink is available in more than 20 African markets and this agreement with Airtel highlights how, once licensed, Starlink welcomes the opportunity to join forces with important industry leaders to ensure as many people as possible can benefit from Starlink’s presence.”

The Amazing World of Casinos: Where Luck Meets Excitement

Ronald Bwire
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0
The Amazing World of Casinos: Where Luck Meets Excitement

Casinos are more than just places where people try their luck. They are a world filled with excitement, intrigue, and a unique atmosphere. From their exotic animals to their breathtaking architecture, every casino has its own charm. In this article, we will explore some of the most amazing casinos in the world that leave visitors in awe.

These establishments offer more than just slots and table games. They provide an immersive experience that takes you to another world. Whether you play in the open-air or among exotic animals, each casino offers a unique atmosphere that keeps visitors coming back for more.

While some casinos stand out with their architecture, others are known for their size or luxury. However, what truly makes them special is the excitement they bring to the cities they are located in. They become attractions that draw tourists from all over the globe.

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The Bellagio in Las Vegas, USA

The Bellagio is a real entertainment palace that impresses with its luxury and grandeur.Located in the center of Las Vegas, this establishment has become a symbol of the city and one of the most renowned gambling destinations in the world. Inside, you’ll find a wide variety of games, from traditional card games to the newest and most thrilling slot machines.

But The Bellagio isn’t just about the games. It’s also about the atmosphere. From luxurious rooms and spa treatments to fine dining and breathtaking shows, there’s something for everyone. One of the biggest attractions is the fountain show that takes place on the casino floor. 

Furthermore, The Bellagio hosts concerts and performances by some of the biggest names in music. You’ll see the cream of the crop here, and the atmosphere is unparalleled. Whether you’re a fan of music or not, you won’t be disappointed.

Marina Bay Sands, Singapore

Marina Bay Sands is an emblematic landmark of modern-day Singapore, renowned for its distinctive architectural style and breathtaking design. Located in the heart of the city, it is a grandiose complex that houses not only a casino but also a hotel, shopping mall, and even a park.

What makes Marina Bay Sands truly remarkable is its design, which resembles a giant sail floating above the ground. At the top of the building, there is a pool with a panoramic view of the cityscape, leaving visitors in awe of its beauty. This architectural masterpiece has become a magnet for tourists from all over the world.

Inside the casino, guests can enjoy a wide variety of games and entertainment, making it the perfect destination for an unforgettable holiday. The complex offers everything you need for an unforgettable experience, from luxurious accommodation to exciting entertainment.

Venetian Macao in Macau, China

Venetian Macao is a unique destination where the dream of Venice becomes a reality in Macau. Spanning over 55 acres, this massive casino is one of the largest in the world and offers everything that is associated with Venice, such as canals, gondolas, bridges, and palaces.

The ambiance at Venetian Macao is unparalleled. Visitors can stroll along the canals, ride in a gondola, or admire the beauty of the surroundings. If they wish to try their luck, they can find a wide range of exciting games and activities in the casino.

What sets Venetian Macao apart is its sheer scale. It is an area where visitors can easily lose themselves and enjoy several days of leisure.

Sun City Casino Resort, Rustenburg, South Africa

Sun City is an extraordinary destination that combines excitement and adventure. Located in the heart of South Africa, the resort offers players a variety of thrilling games as well as the opportunity to explore the country’s diverse wildlife and cultural heritage.

Within the confines of the Sun City Casino, guests can enjoy a diverse selection of casino games, as well as immerse themselves in captivating entertainment and live performances.. However, the highlight of this venue is its unique location. Surrounding the casino, there are numerous natural attractions worth visiting. One such attraction is the Lion Park, where visitors can behold these majestic creatures in their native habitat.

In addition, the Sun City Resort offers a variety of tours and activities that allow guests to immerse themselves in South African culture and history, enhancing their gambling experience.

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Conclusion

In today’s world, casinos continue to be some of the most fascinating and attractive destinations, with excitement and luxury going hand in hand. These establishments captivate with their unique atmosphere, opportunities, and features, and our article has explored some of the world’s most exceptional gambling establishments.

Casinos are not merely places for gambling, but rather true works of architectural, design, and service excellence. Visitors can enjoy not only the excitement of gambling, but also the beauty of the interior design, the elegance of dining options, and the variety of entertainment and other attractions on offer.

It would be surprising to think that casinos can be so diverse and distinct. From opulent establishments adorned with gold, to those with unconventional concepts and themes, there is something for everyone in the casino world.

The world of casinos extends beyond mere chance, embracing art, culture, and way of life.

Onafriq Partners with Circle to Power Remittances & Cross-Border Payments with USDC

James Musoba
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Onafriq Partners with Circle to Power Remittances & Cross-Border Payments with USDC

Onafriq, Africa’s payments gateway, has partnered with Circle, stablecoin firm and issuer of USDC, to transform cross-border payments and digital financial services by leveraging stablecoins and blockchain infrastructure.

Currently, over 80 percent of intra-African payments are routed through correspondent banks outside the continent and settled in foreign currencies such as the US dollar or Euro. This results in a staggering US$5 billion in transaction fees annually and undermines economic integration efforts.

Onafriq and Circle are piloting the use of USDC-powered settlement solutions into Onafriq’s network, which connects over 500 wallets and 200 million bank accounts in more than 40 African markets.

According to Onafriq’s founder and CEO, Dare Okoudjou, “Our partnership with Circle is an important milestone, reinforcing Onafriq’s commitment to harnessing technology to remove complexity from cross-border payments. By integrating USDC, we aim to simplify financial transactions for institutions and individuals, reduce costs, and strengthen trust. This collaboration underscores our vision to democratise access to payments and drive financial inclusion across the globe. We’re not just envisioning the future of payments – we’re actively building it.”

This collaboration is a major step toward a more inclusive and self-reliant pan-African financial system. It signals a new phase in the modernisation of African payment rails – one where blockchain technology is applied responsibly, in lockstep with regulators and financial institutions, to build a faster, more efficient, and economically empowering future for the continent.

Miriam Kiwan, Vice President, Middle East & Africa at Circle, said: “The emerging markets that Onafriq serves hold tremendous potential for digital asset innovation, particularly in the adoption of stablecoins for cross-border payments. Our partnership with Onafriq aligns perfectly with Circle’s mission to promote financial inclusion and improve efficiency in areas where traditional banking has often been costly and inaccessible. Together, we aim to transform how money moves across borders, offering secure and transparent digital payment rails that enhance economic empowerment and connectivity.”

7 Korean Startups Showcase Cutting-Edge Innovations at GITEX Africa 2025

Ronald Bwire
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0
7 Korean Startups Showcase Cutting-Edge Innovations at GITEX Africa 2025

7 Korean startups showcased their innovations in Africa after the Korea-Africa Foundation (KAF), in collaboration with PEN Ventures  and IMPACT Lab, brought them to GITEX Africa 2025, held on April 14-16, 2025 in Marrakech.

These Korean startups are set to introduce breakthrough solutions in agritech, clean energy, smart tourism, digital learning, and smart infrastructure, addressing Africa’s most pressing challenges.

According to Jongkil Lee, Director of the KAF, ‘‘Morocco is emerging as a key innovation hub, and since 2023, we have supported 28 Korean startups at GITEX Africa. This year, we focus on transformative solutions and strategic partnerships driving Africa’s digital future.”

The Korea-Africa Foundation (KAF) is a government-affiliated organization under the Ministry of Foreign Affairs of Korea, dedicated to strengthening Korea-Africa cooperation. The KAF supports Korean startups’ entry into African markets through acceleration programs, business matching, and innovation partnerships.

By empowering these 7 pioneering exhibitors – EKLEER, Movements, CAST, BODIT, Purple Education, H2O HOSPITALITY, SHERPA SPAC – KAF is creating new opportunities for collaboration and market expansion. From AI-driven farming to digital learning and hospitality tools, these startups are proposing solutions with demonstrated impact and tangible use cases in Africa.

Spotlight on Korean Startups at GITEX Africa 2025 Meet the innovators shaping a sustainable and inclusive future
EKLEER –A cost-effective smart display solution designed to provide digital access for education, healthcare, and remote work. It turns smartphones into full workstations — a game changer for mobile-first users in low-connectivity environments.  
Movements Inc. A smart infrastructure firm, offering Digital Twin X and SmartPin to optimize construction projects with 3D modeling, AI, and underground utility mapping. These tools enable more efficient, data-driven urban planning.
  CAST –An innovator in micro-plasma technology, CAST delivers chemical-free sterilization solutions for water, food, and environments. The WaFED model ensures access to clean water, food safety, and energy in underserved regions. The startup has already deployed its devices in Tanzania, achieving 99.9% bacterial sterilization.
Purple Education Combining textbooks, 3D puzzles, AR and immersive digital experiences, Purple Education raises awareness of biodiversity and cultural heritage. Its hybrid learning packages are tailored to local contexts and global challenges.  
H2O Hospitality –Through its platform H2O FLOW, this startup digitizes hotel operations — from check-in and CRM to smart locks — boosting guest satisfaction and reducing costs. A fully integrated tech solution for the hospitality sector.  
SHERPA SPACE A smart agriculture pioneer offering precision farming solutions with sensors, climate control, irrigation systems, and adaptive lighting. Already active in Uganda, Sherpa Space now targets North Africa.  
BODIT –Blending medical tech with precision livestock farming, BODIT uses smart sensors to track calves’ health, feeding, and behavior. In Kenya, it cut mortality from 32.6% to 0.6% and significantly improved milk yields — enhancing animal welfare, farm profitability, and sustainability.

This initiative is part of the KAF’s 2025 Korea-Africa Unicorn Acceleration Program, which aims to foster partnerships between Korean innovators and African stakeholders. PEN Ventures, a key accelerator in Korea,and IMPACT Lab, a key innovation player in Africa, are working together alongside the KAF to support the startups’ market entry through internationalization strategy support, local expertise, and strategic connections.

Since 2023, the Korea-Africa Foundation has actively participated in GITEX Africa, recognizing it as a strategic gateway for Korean startups looking to expand into African markets.

Japan’s Kepple Group Appoints Ory Okolloh as Director to its Board

Ronald Bwire
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Japan’s Kepple Group Appoints Ory Okolloh as Director to its Board

Kepple Group has appointed Kenya’s Ory Okolloh as an outside director to its board in a move to accelerate its global expansion and its long-term growth strategy.

Kepple Group CEO Takahiro Kanzaki announced the appointment of Ory Okolloh and Kei Tanaka as Outside Directors, and Eric Marcks as Outside Auditor to strengthen its governance team as part of its medium- to long-term global development strategy. 

According to Takahiro Kanzaki, CEO of Kepple Group, “We are delighted to welcome three outstanding individuals to our leadership team. Each brings a wealth of experience and global perspective that is vital for Kepple’s next phase of growth. As we look to build bridges between Japan and the global startup and investment community, this new structure enhances not only our governance but also our ability to make more open, diverse, and forward-thinking decisions. We are eager to accelerate our mission of creating new industries worldwide.”

As an Outside Director, Kenyan Ory Okolloh, will bring her international insight and hands-on experience to drive Kepple’s global expansion as it pursues its global growth while deepening its startup support, building a more resilient organization and creating lasting societal value. Ory is currently a Partner at Verod-Kepple Africa Ventures, a pan-African focused venture capital fund backing exceptional founders in and from Africa.

Previously, Ory was the Managing Director, Omidyar Network Africa. She serves on the Board of Directors of several organizations including the East African Breweries Limited, Deloitte Africa, and the Board of Trustees of the Van Leer Group. She was previously the Deputy Chair of the Thomson Reuters Founders Share Company, the Chair of the Stanbic Bank Kenya Foundation and served on the Boards of Stanbic Kenya, Safaricom PLC and the Harvard Africa Advisory Group.

Her expertise has been sought by global giants like Google, where she led Policy and Government Relations for Africa. A celebrated figure, Ory has been recognized by Time 100 and one of the most influential people in the world, and by Forbes Africa as one of the most powerful women in Africa

Ory earned a J.D. from Harvard Law School and a B.A in political science from the University of Pittsburgh.

“Joining the Kepple Group Inc. board presents an exciting opportunity to work alongside a team that shares my passion for driving meaningful impact through strategic investments and fostering entrepreneurial ecosystems. I am eager to contribute to their mission, and to support their international expansion to Africa and other regions in the world,” Ory said.

Another new Outside Director is Kei Tanaka, born in Yokohama in 1982 and first in his class from the Department of Physics, Faculty of Science and Technology, Sophia University. He has worked for Goldman Sachs and was later appointed its Managing Director and served as Co-Head of the Investment Division in Japan. In 2024, he left Goldman Sachs and now works at a specialist investment firm.

Eric Marcks, an Outside Auditor, is a founding partner of southgate, a boutique law firm based in Tokyo that focuses on cross-border M&A and venture capital transactions.

Eric has been practicing corporate law, with a focus on venture capital and M&A, for 25 years. He began his legal career in 2000 in the San Francisco and Silicon Valley offices of an international firm, representing start-up companies and the VC funds that finance them. Eric grew up in France and in Texas. He is a part-time lecturer at Keio University Law School, where he teaches courses on venture capital and M&A.

Kepple Group comprises Kepple Group, Inc. as a holding company, with Kepple Inc. and Kepple Capital Inc. as its operating subsidiaries. Kepple Group manages the Kepple Liquidity Fund, a direct secondary fund that promotes liquidity in the startup market, while Kepple Capital oversees a business succession fund that fosters a more sustainable society.

Kepple Inc. leads the fund operations support business, providing comprehensive middle- and back-office services including fund accounting and investor reporting. In addition, the company offers extensive open innovation support, utilizing its proprietary startup database to assist in startup sourcing, valuation and due diligence, as well as global collaboration with overseas startups.

i3 Injects $225K into 7 African Healthtech Startups

Ronald Bwire
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i3 Injects $225K into 7 African Healthtech Startups

Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, has announced its 3rd cohort of 7 growth-stage companies working to transform pharmacy services on the continent.

Sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a subsidiary of the Kühne Foundation), Sanofi’s Global Health Unit and Chemonics, the three-year program will empower innovators to improve patient access to healthcare across Africa and scale their impact.

According to Boniface Njenga, Deputy Director, Health Delivery and Systems, Africa at the Gates Foundation,”The  i3 program emphasises the transformative potential of technology-driven innovations on the continent when empowered with the right resources, and we have already seen impressive results from the cohorts.” 

In many African countries, pharmacies serve on the frontline of healthcare delivery, providing as much as 70% of initial healthcare visits. The selected growth-stage startups offer tech-enabled solutions that strengthen pharmacy services across Africa, ranging from inventory management, product protection, last-mile delivery, AI-powered prescription refills, embedded financing, and cloud-based pharmacy systems. These companies are reimagining how medicines and health services reach patients, making essential care more accessible, affordable, and safer.

They include Chefaa, Dawa Mkononi, Meditect, mPharma, myDawa, RxAll and Sproxil. Each innovator will receive up to $225K in risk-tolerant funding, tailored customer introductions, bespoke deal facilitation, and professional communications and advocacy support.

The cohort will participate in i3’s flagship Access to Markets event in December 2025, designed to spark high-impact partnerships between innovators and large healthcare companies, governments, donors, and multilateral agencies.

Dr. Priya Agrawal, Vice President, International Health Equity and Partnerships, at MSD, noted: “MSD is committed to partnering with i3 to support entrepreneurs that are dedicated to expanding equitable healthcare access. By engaging the local private sector and meeting patients where they are, we can enhance access and strengthen health systems through fostering innovation in pharmacy services.”

In the past two years, i3 has provided $3M in direct grant funding to 60 start-ups across 16 African countries. The program has also established a diverse cohort of innovators, with 43% being women-led and 20% Francophone-led. Finally, successes have recorded 450 facilitated strategic connections, including 122 contracts and pilots, resulting in >$11M in contracted partnerships, expanded reach, and nearly 1,000 jobs created—half of which were held by women. 

Safaricom’s Corporate PostPay Packages Explained

Sam Wakoba
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Safaricom’s Corporate PostPay Packages Explained

Safaricom’s Corporate PostPay Packages are helping firms, especially SMEs and bigger corporates running teams across the country or with branches spread across the region, simplify their business communication and save hundreds of thousands of shillings in call savings.

Due to the rising cost of doing business, business communication tools have become costly, cumbersome and are limiting productivity and overall profitability, a problem James Thuo, MD of Mavuno Group was grappling with. 

However, with Safaricom’s Corporate PostPay plan, which has TalkMore and BrowseMore packages, Thuo and firms like his now have access to affordable voice calls, data, and SMS tailored for them and customized to suit their operational needs. TalkMore and BrowseMore packages, especially the 5K and 10K tiers, allow organizations access to bulk data, affordable internal calls and unlimited text messages between departments or closed user groups.

Affordable Intra-Company Communication

TalkMore or BrowseMore 5,000 or 10,000 customers enjoy various Closed User Group (CUG) benefits such as low cost calls within departments, smooth internal collaboration which has significantly reduced the cost of inter-staff communication, especially for teams working in the field or across multiple locations.

“Since switching to TalkMore, our internal communication has improved tremendously. We no longer worry about staff running out of airtime during critical operations,” says James Thuo, IT Manager, Mavuno Group.

“Before TalkMore, our teams could constantly run out of airtime during calls. Some of our staff could go days trying to connect back to HQ,” Thuo told TechMoran. “We were also spending a lot on voice and data.”

“Unlimited” Worry-Free Browsing via Friendly Fair Usage Policy

TalkMore allows teams at firms such as Mavuno Group to enjoy a Fair Usage Policy (FUP) that offers 1 Mbps speeds even after when their data runs out. The package is great for remote work, field operations, and always-on collaboration. TalkMore has no expiry on the data usage during the month, giving teams the freedom to work without interruptions.

Thuo’s firm is enrolled on the 5K and 10K tiers of TalkMore and BrowseMore which come with the following features. 

Choose Your Ideal Plan

PackageVoice MinutesDataSMSWhatsAppPrice/MonthFUP Speed
TalkMore 50003,00070GB1,500100MBKES 5,0001 Mbps
TalkMore 10,0008,500130GB1,500100MBKES 10,0001 Mbps
BrowseMore 50001,500100GB1,000100MBKES 5,0001 Mbps
BrowseMore 10,0004,000200GB1,000100MBKES 10,0001 Mbps

Why Enterprises Love Safaricom PostPay

Safaricom Corporate Value Pack allows firms to get customizable plans tailored for their departments, locations, or job roles. There is also a centralized billing system making it easy for user management. Usage tracking allows firms to monitor any abuse or misuse or if there is need for an upgrade. 

Safaricom also has a wider 4G and 5G network coverage in the country, meaning the connections are reliable and uninterrupted. 

There are still more benefits such as flexibility, scalability and cost effectiveness. 

Key Benefits for Enterprises:

  • Flexibility: Businesses can choose plans based on their specific communication preferences—whether data-heavy or voice/SMS-focused.
  • Cost-Effectiveness: The packages are designed to reduce overall communication costs while delivering exceptional value.
  • Increased Productivity: With abundant resources like minutes, SMS, and data, teams can work efficiently from anywhere.
  • Scalability: A wide variety of price plans ensures businesses can scale their communication needs as they grow.

“With over 300 employees across five branches, communication used to be a nightmare—frequent disconnections, inconsistent spending, and rising costs. Safaricom’s Corporate PostPay streamlined everything. Now we have one invoice, and I can monitor usage from a single dashboard,” said Susan Kimutai, Operations Director, QuickMed Services, Eldoret.

QuickMed has benefitted from the centralized billing, customized data or voice packages and enhanced customer support. The predictable monthly billing estimates, real-time and reliable communication across offices and regions allow the firm to scale up or down resources depending on their needs. The firm also tailors its packages for different departments, sub regions or ranks of its staff.

“We know what department needs what package and we assign the resources efficiently. Our administrator can easily monitor usage, set thresholds, and prevent misuse,” Kimutai added.

 For enterprises seeking to optimize operations and boost productivity, Safaricom Corporate PostPay is steadily becoming central to how businesses connect, collaborate, and grow.

More Packages

Talkmore or BrowseMore don’t just have 5000 and 10000 packages. Other packages include TalkMore 1000, TalkMore 2000, TalkMore 3000 and BrowseMore 1000, BrowseMore 2000, BrowseMore 3000 as indicated below.

TalkMore1,0002,0003,0005,00010,000
Minutes5501,2001,6003,0008,500
Data6GB20GB30GB70GB130GB
SMS5501,1001,5001,5001,500
WhatsApp100Mb100Mb100Mb100Mb100Mb
Validity30 Days30 Days30 Days30 Days30 Days
Price per month1,0002,0003,0005,000KES 10,000 
Fair Usage Policy (FUP)1 Mbps speeds1 Mbps speeds1 Mbps speeds1 Mbps speeds1 Mbps speeds

BrowseMore Packages

BrowseMore1,0002,0003,0005,00010,000
Minutes250500700 1,500 4,000 
Data12GB40GB60GB100GB 200GB
SMS2505007501,0001,000
WhatsApp100Mb100Mb100Mb100Mb100Mb 
Validity30 Days30 Days30 Days30 Days30 Days
PriceKES 1,000KES 2,000KES 3,000KES 5,000KES 10,000
FUP1 Mbps speeds1 Mbps speeds1 Mbps speeds1 Mbps speeds1 Mbps speeds

Corporate clients also have the chance to negotiate for tailored solutions depending on the size of the organization.

How to Sign Up Safaricom’s Corporate PostPay Packages

To sign up to Safaricom PostPay simply walk into any Safaricom shop in your area. Safaricom has operations across the country and has sales teams ready to take customers on what package is best for them depending on company needs and budget.

Steps to Apply for Safaricom Corporate PostPay

  1. Obtain the Application Form:
  2. Complete the Application Form:
    • Provide detailed information about your business, including:
      • Business name and registration details
      • Postal and physical addresses
      • Contact information
      • Details of the lines to be activated on PostPay
      • Preferred packages
    • Attach necessary documents such as:
      • Company registration certificate
      • KRA PIN certificate
      • Copies of directors’ IDs
      • Bank reference letters or guarantees (if required)
  3. Submit the Application:
    • Send the completed form and accompanying documents to your assigned Safaricom account manager.
    • If you do not have an account manager, visit the nearest Safaricom retail shop or contact Safaricom’s business support for guidance.​
  4. Await Approval:
    • Safaricom will review your application
    • Upon approval, Safaricom will activate the PostPay bundles on the specified lines and notify you
  5. Manage Your Account:
    • Once activated, you can manage your PostPay account, monitor usage, and make payments through Safaricom’s business platforms or by contacting your account manager.

MyDawa Raises Funding to Expand its AI-driven Digital Health Platform Across Kenya & Uganda

Sam Wakoba
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0
MyDawa Raises Funding to Expand its AI-driven Digital Health Platform Across Kenya & Uganda

MyDawa, a Kenyan end-to-end digital health platform, has raised funding to reimagine how healthcare is accessed and experienced in Africa.

This investment round was led by IFU, Alta Semper, AAIC Investment, Creadev and Ohara Pharmaceutical Co. to help the firm redefine how healthcare is delivered across the continent.

“The calibre of investors joining this round speaks for itself,” said Neil O’Leary, MyDawa Founder. “It confirms that MyDawa is not just solving real problems at scale—it’s building a blueprint for the future of healthcare in Africa. We’re honoured to have partners who share our vision and will help us accelerate our mission.”

Across East Africa, strides in digital healthcare are opening up new possibilities – yet many communities still face delays, uneven availability, and price fluctuations when sourcing essential medicines. This funding by globally recognised healthcare investors will help address these barriers using cutting-edge technology.

Founded in 2017, MyDawa offers online doctor consultations, lab testing, e-prescriptions, chronic-care management and medication delivery in Kenya and Uganda where it launched in 2023 after raising $20 million and acquiring Uganda’s Guardian Health pharmacy chain in an international expansion drive.

Driving Technology, Reach and Impact
This capital infusion will enable MyDawa to scale its “Bricks-and-Clicks Super Pharmacy” model across new markets, enhance chronic-disease support programmes for patients who need regular, affordable care, and integrate AI-driven features to streamline service delivery, optimise inventory management, and ultimately reduce costs for patients.

“As MyDawa’s long-term partner, we’ve witnessed firsthand the company’s ability to deliver transformative healthcare solutions at scale,” added Zach Fond, Partner at Alta Semper. “We’re excited to see this next phase of growth, which reinforces MyDawa’s position as a category leader and a blueprint for digital health innovation across Africa.”

Recently, MyDawaA acquired Rocket Health Uganda, a leading telehealth provider, significantly expanding its footprint and capabilities in Uganda. This investment will further drive regional expansion and widescale upgrades to the platform.

In 2024 alone, MyDawa served over 1.8 million patients and enrolled more than 5,000 chronic-disease patients in its care programmes. Its “Mzima” programme in Kenya and “Bulunji” programme in Uganda exemplify the company’s commitment to comprehensive, accessible healthcare solutions. Meanwhile, its PrEP and PEP initiatives—funded by the Gates Foundation—support some 3,200 patients in prevention and early treatment. Strategic partnerships with hospitals, clinics, insurers, supermarkets, and pharmaceutical companies such as Novo Nordisk further amplify MyDawa’s reach and impact.

A Blueprint for Sustainable Growth
With a low customer-acquisition cost and year-on-year revenue growth exceeding 30%, MyDawa exemplifies both scale and sustainability in digital health. Its strategic alliances with hospitals, insurers and global pharmaceutical partners have cemented its leadership in the digital health space.

“This investment marks a pivotal step towards realising MyDawa’s vision of a digitally empowered, accessible and customer-centric healthcare ecosystem for every East African. Through this investment, we are positioned to deliver on the vision faster and more effectively than ever,” concludes MyDawa COO, Priscilla Muhiu.

Maximize Your Mutual Fund Investments: Discover the Power of a Mutual Fund App with SWP Calculator

Ronald Bwire
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0
Maximize Your Mutual Fund Investments: Discover the Power of a Mutual Fund App with SWP Calculator

In today’s fast-paced digital world, the landscape of personal finance is evolving rapidly. With the growing interest in wealth creation and financial planning, mutual fund investments have become one of the most popular choices for individuals looking to grow their wealth. But investing is only half the journey—managing those investments wisely is equally important. This is where the power of a mutual fund app with an SWP Calculator comes into play.

What is a Mutual Fund App?

A Mutual Fund App is a digital platform designed to help investors browse, invest, monitor, and manage mutual fund portfolios conveniently. These apps simplify the investment process and offer numerous features including real-time updates, portfolio tracking, SIP (Systematic Investment Plan) management, fund recommendations, and performance analysis.

The best part? You can do all of this from the palm of your hand.

Key Features of a Mutual Fund App:

  • User-friendly dashboard
  • SIP and SWP tools
  • Investment tracking and analytics
  • Goal-based investment options
  • Tax-saving schemes
  • Integrated KYC verification
  • Fund comparison and recommendations

Understanding SWP (Systematic Withdrawal Plan)

While SIP is widely known and used to invest systematically, SWP or Systematic Withdrawal Plan is its opposite and is equally important. A SWP Calculator allows investors to withdraw a fixed amount from their mutual fund investments at regular intervals. This is ideal for those looking for a steady income stream—especially retirees or individuals needing monthly cash flow.

Benefits of SWP:

  • Regular income: Get a fixed payout every month, quarter, or year.
  • Tax efficiency: Only the capital gain portion of each withdrawal is taxed, potentially saving you money compared to fixed deposits.
  • Capital preservation: Helps keep your core investment intact while still generating income.
  • Customizable: Choose how much and how often you want to withdraw.

What is an SWP Calculator and Why It Matters

An SWP Calculator is a powerful tool that allows you to simulate the withdrawal process before actually implementing it. It helps you determine:

  • How much money you can withdraw monthly
  • How long your investment will last
  • The expected returns and capital gains
  • The impact on your remaining corpus

Best SWP for Monthly Income by using an SWP calculator within your mutual fund app, you can make data-driven decisions and plan your future cash flow more efficiently .

How the SWP Calculator Works:

  1. Input Investment Amount: Total corpus invested in mutual funds.
  2. Select Withdrawal Amount: Monthly or quarterly amount you wish to withdraw.
  3. Enter Expected Rate of Return: Based on historical or projected fund performance.
  4. Set Duration: For how many months/years you plan to withdraw.
  5. View Results: Get a detailed projection of returns, remaining corpus, and total payout.

Why You Need a Mutual Fund App with an Integrated SWP Calculator

1. One-Stop Investment Management

A mutual fund app with an SWP calculator offers everything you need in one place. From investing to managing withdrawals, it simplifies your journey as an investor.

2. Real-Time Planning and Flexibility

Life is unpredictable, and your financial needs may change. A built-in SWP calculator allows you to instantly tweak withdrawal amounts, duration, or rate of return to assess how those changes affect your finances.

3. Visual Insights for Better Decision-Making

Most calculators offer charts and graphs that help visualize how your investment grows or depletes over time, empowering you to make informed financial decisions.

4. Retirement Planning Made Simple

For retirees or those nearing retirement, this app becomes a lifeline. With the SWP calculator, you can confidently plan monthly income post-retirement without compromising your capital too soon.

5. Time-Saving and Secure

Forget spreadsheets or guesswork. With just a few taps, you get accurate calculations and can set up an SWP plan instantly, all within a safe and secure mobile environment.

Ideal Use-Cases for SWP and Mutual Fund Apps

  • Retired individuals who need a monthly income
  • Freelancers and consultants with irregular income
  • Parents planning for child’s education
  • Investors seeking tax-efficient withdrawals
  • People transitioning from fixed deposits to market-linked products

Top Tips for Using SWP Calculator Effectively

  1. Be realistic with your expected return rate: Use conservative numbers to avoid overestimating.
  2. Don’t withdraw too much too soon: Keep your long-term goals in mind.
  3. Review annually: Adjust your SWP strategy yearly based on market performance.
  4. Pair SWP with a well-diversified portfolio: This ensures your investment lasts longer and provides consistent returns.

Conclusion: Empower Your Financial Future

Incorporating a Mutual Fund App with an SWP Calculator into your financial planning toolbox can dramatically improve how you manage and utilize your wealth. Whether you’re just starting your investment journey or entering the retirement phase, having access to this kind of technology can simplify decisions, provide peace of mind, and ultimately help you achieve your financial goals with confidence.

The blend of smart technology, financial insights, and personal control makes such an app not just a convenience—but a necessity in today’s financial ecosystem.

Kofa Raises $8.1 Million to Expand its Swappable Battery Network Across Cities in Ghana and Kenya

Ronald Bwire
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0
Kofa Raises $8.1 Million to Expand its Swappable Battery Network Across Cities in Ghana and Kenya

Kofa, the electric mobility firm, has closed an $8.1 million to fuel it’s expansion and supercharge its AI-powered battery-swapping network, delivering reliable, clean energy solutions to urban Africa, starting in Ghana and Kenya.

The pre-Series A funding round, which comprised $3.25 million in equity co-led by E3 Capital and Injaro Investment Advisors, a Ghanaian private capital fund manager while $4.315 million in debt, and $590,000 in grants by Shell Foundation co-funded with the UK Government through its Transforming Energy Access (TEA) platform. Richard Thwaites, founder of Penso Power, one of Europe’s leading grid scale battery businesses, acquired by BW Group in Oct 2024, also participated in the round. 

According to Erik Nygard CEO and Founder of Kofa, “This funding validates our vision to transform urban Africa’s energy landscape; and we are committed to building the ecosystem necessary to make this a reality. The shift to cleaner energy, for both domestic and commercial use, goes beyond sustainability –   it drives real economic impact but for this transition to succeed, several key elements must come together”.

He continues, “This includes scaling local manufacturing and assembly with international partners, expanding a robust battery and swap station network, securing financial backing from investors, and deploying AI-driven technology to optimise the entire system. ”

This funding round will accelerate Kofa’s expansion into three major cities across West and East Africa. It will also fast-track the development of its proprietary AI-driven battery management platform, a game-changing differentiator crucial for optimising and scaling its network to efficiently manage millions of batteries.

Launched in 2022, Kofa has developed a swappable battery network that provides reliable, clean energy for motorcycles, households, and small businesses. Leveraging its cutting-edge technology and proprietary Internet of Things (IoT) system – which tracks battery usage, predicts demand, and optimises energy distribution – Kofa now facilitates over 200 battery swaps daily, achieving a 99% charge rate with an average swap time of under two minutes; saving time, reducing fuel costs, and keeping businesses running reliably.

Headquartered in Accra, Ghana, Kofa’s innovative model extends beyond battery swapping and has established itself as an end-to-end enabler of the broader energy ecosystem. By empowering connections with manufacturers, distributors, and financiers, Kofa is driving the large-scale adoption of clean energy solutions across urban Africa. Its holistic approach also facilitates the creation of jobs, strengthens local economies, and enables users to increase their income through more efficient energy solutions.

As an end-to-end enabler, Kofa designs market-specific products and licenses its intellectual property to key industry players. This is exemplified through its partnership with TailG, a global OEM, to mass-produce Kofa’s electric motorcycle design – developed with direct user input, making it one of the first fully bottom-up electric motorcycle designs for Africa. Operating under a technology-first, asset-light model, Kofa is reshaping the future of energy by leveraging a Special Purpose Vehicle (SPV) to finance critical infrastructure such as batteries and swap stations, ensuring scalable growth, while also partnering with trusted distributors like AutoPax in Kenya and soon to be announced partnerships in Ghana to expand market reach.

Andrew Darge, E3 Capital’s lead on the transaction, commented: “In investing in Africa for over a decade, we have seen firsthand the evolution of Africa’s distributed renewable energy sector – and in particular the rise of electric mobility and battery technologies. Kofa stands out in having demonstrated a unique ability to build not just a product but an entire ecosystem to drive capital efficiency and create a compelling commercial opportunity for the adoption of clean energy at scale. Their approach aligns with our mission to support low-carbon solutions that catalyse measurable, sustainable impact across Africa.”

Since being founded, Kofa has upheld strong operational values, which has earned the trust of unique investors in the African startup space, including Injaro, whose backing includes capital from notable pension funds in Ghana. 

Jerry Parkes, Managing Director of Injaro Investment Advisors, commented, “Our investment in Kofa is about more than just backing a promising energy company, it’s about supporting a solution that delivers tangible economic benefits for local communities. We are also excited to deploy Ghanaian capital in support of a visionary and experienced founder driving sustainable energy innovation in Africa. This makes Ghana an active participant in the achievement of a cleaner, more sustainable future while giving Ghanaian pensioners exposure to investment opportunities previously accessible mainly to international institutions”.

“Shell Foundation supports solutions that raise incomes for everyday people in key sectors, while simultaneously lowering emissions,” shared Jonathan Berman, CEO of Shell Foundation. “Kofa’s technology has huge potential for scale, and it is exciting to see this fundraise accelerate the expansion into new cities and national markets.”

The need for reliable, sustainable energy is critical across Africa, where backup generators currently provide up to 40% of electricity in some parts of Africa, and motorcycles consume 40-60 billion liters of petrol annually, producing about 10 times more hydrocarbon emissions per kilometer. Kofa is tackling this challenge with a clean energy network designed to transition urban productivity away from fossil fuel dependency. 

The company’s battery-swapping network is meticulously designed with the end user in mind, from ergonomic battery handles to a top-down loading mechanism, ensuring seamless usability. With this customer-centric approach, combined with a rapidly expanding network of battery swap stations, AI-powered energy management, and strategic partnerships across the value chain, Kofa is leading the charge in driving a large-scale shift toward a sustainable, cost-effective, and locally impactful clean energy future for Africa.

Standard Chartered Women in Tech Programme Unveils Cohort 8

Sam Wakoba
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Standard Chartered Women in Tech Programme Unveils Cohort 8

Standard Chartered in partnership with @iBizAfrica, Strathmore University and Village Capital have launched Cohort 8 of the Standard Chartered Women in Tech Accelerator Programme, to empower women-led startups through technology-driven, inclusive innovation.

Despite Kenya’s status as Africa’s Silicon Savannah, digital access remains uneven: only 40.8% of the population is online, and over 60% of women lack essential digital skills. Through the partnership with Village Capital, Standard Chartered’s Women in Tech Accelerator will equip women-led start-ups with essential skills, financing and networks to drive long term impact.

“At Standard Chartered, we believe that real progress happens when innovation is accessible to all, especially women leading change at the grassroots level. Through Women in Tech Cohort 8, we are not only funding bold ideas but also creating a platform where inclusive technology can thrive and empower communities often left behind. It’s about making sure no woman with a vision is held back by a lack of digital access,” said Dr. Beverley Obatoyinbo, Board Member, Standard Chartered, Kenya.

Since its inception, the Women in Tech Programme has awarded over KES 143 million to 39 women-led ventures. Cohort 8, themed “Bridging the Digital Divide for Inclusive Innovation,” will prioritise solutions tailored to underserved communities and that meet local needs, such as USSD platforms, offline apps, and community-based tech models.

“This year, we are being intentional about equity in innovation. By focusing on women from underserved communities and investing in adaptable technologies like USSD and offline solutions, we are closing the gap between potential and opportunity. Women in Tech is more than a programme – it is a movement toward inclusive, impactful entrepreneurship,” added Joyce Kibe, Head of Corporate Affairs, Brand and Marketing at Standard Chartered Kenya and Africa.

Building on the success of last year’s cohort, standout ventures like Gwiji for Women, which connects cleaners from informal settlements to clients via mobile, and Sign With Us, a platform offering digital Kenyan Sign Language training, are examples of tech being used as a tool for equity, access, and empowerment.

Dr. Joseph Sevilla, Director, @iLabAfrica, Strathmore University, emphasised the role of academic-industry partnerships in building inclusive tech ecosystems.

“Through @iBizAfrica and @iLabAfrica, we are providing entrepreneurs with research-backed tools, mentorship, and technical guidance that ground innovation in practical impact. This programme is about scaling businesses that solve real-world problems, especially in areas where digital access is a luxury,” said Dr. Sevilla.

NCBA Launches the 3rd Cohort of the Go-Getter Internship Programme

Brand Voice
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NCBA Launches the 3rd Cohort of the Go-Getter Internship Programme

NCBA has launched the 3rd cohort of its Go Getter Internship Programme aimed at equipping 50 graduates with the skills, knowledge and experiences needed to thrive in the corporate world.

The 12-months programme will also see top-performing interns included in the bank’s talent pipeline for future positions. 

“The Go-Getter Internship Programme reflects our belief that the future of our economy lies in the potential of our youth. By providing hands-on experience and strategic mentorship, we are building a workforce that is ready to lead and innovate the next generation,” said John Gachora, Group Managing Director, NCBA Group. “This initiative is part of our broader commitment to create lasting impact through sustainable talent development and youth empowerment.”

Aligning with NCBA’s Youth Mentorship and Coaching commitment under our Change the Story sustainability platform, the Go Getter Internship Programme offers participants benefits including an introduction to dynamic banking operations, coaching from industry experts and professionals, and training opportunities to boost career growth in the company. 

NCBA announces the Go Getter internship program annually on its website with candidates required to meet specific criteria, including having graduated within the past 12 months, obtaining a minimum of a Second-Class Upper Division in their undergraduate studies, and achieving at least a B- in Mathematics and English in KCSE.

“At NCBA, we believe in investing in the next generation of professionals by providing them with a platform to learn, grow, and make meaningful contributions to the industry. Through the Go Getter Internship Program, we foster a high-performance employee culture that imparts young talent with real-world experience, mentorship and career development opportunities.” said Ms. Monicah Kihia, Group Director HR and Culture at NCBA. 

NCBA remains committed to fostering an environment where employees feel valued, included, and empowered to achieve their maximum potential. As the 2025 cohort begins, NCBA reaffirms its dedication to providing meaningful opportunities for the next generation of leaders. 

NTT DATA appoints Hani Nofal as Regional Head for Technology Solutions, Middle East and Africa

Ronald Bwire
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0
NTT DATA appoints Hani Nofal as Regional Head for Technology Solutions, Middle East and Africa

NTT DATA, a global leader in digital business and technology services, has appointed Hani Nofal as Regional Head for Technology Solutions, Middle East and Africa (MEA), effective May 1, 2025 to drive NTT DATA’s Technology Solutions growth in the MEA region.

“We are thrilled to welcome Hani to the NTT DATA family,” said Alan Turnley-Jones, CEO of NTT DATA for Middle East and Africa. “His exceptional leadership in building high-performance teams, extensive expertise in digital, security, cloud, and networking solutions, and impressive track record in business transformation make him the ideal person to drive our Technology Solutions business forward across the region.”

With over 27 years of experience, Nofal is a seasoned technology executive and thought leader with a distinguished background in the information technology industry. Prior to joining NTT DATA, he held executive roles across both global and regional technology organizations. Most recently, he launched and led Advance Solutions Corp.’s operations across EMEA. He also held senior leadership roles at Gulf Business Machines (GBM), including General Manager – Head of Technology and Board Member of Coordinates ME, where he shaped technology strategy, drove innovation, and built strategic alliances. His leadership and vision contributed significantly to the company’s growth and success. Earlier in his career, he held positions at Cisco Systems, 3Com, Digital Equipment Corporation, and Compaq.

“Our region is leading the wave of AI investment, driving the next phase of digital and economic transformation,” said Nofal. “This is the time for NTT DATA, a world leader in digital and AI infrastructure, to deliver innovation and impact. I’m proud to join the team to help clients across Middle East and Africa turn AI potential into meaningful outcomes.”

Nofal is recognized for his high-performance leadership philosophy, which emphasizes a culture of respect and accountability. He has received numerous industry honors, including Technology Innovation Leader of the Year and multiple partner recognitions. He holds a Bachelor of Science in Electrical and Communication Engineering from the University of Jordan and completed Leadership and Sustainability Studies at MIT Professional Education.

Zest Equity Raises $4.3M Led by Prosus Ventures

Ronald Bwire
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0
Zest Equity Raises $4.3M Led by Prosus Ventures

Zest Equity, UAE’s digital infrastructure solutions platform for private market transactions, has secured $4.3 million to simplify and digitise private market transaction processes by providing essential infrastructure to streamline execution.

The pre-series A funding was led by Prosus Ventures with participation from Morgan Stanley Inclusive and Sustainable Ventures (MSISV)and will be deployed to grow its presence in the KSA and UAE, acquire specialised talent, develop new products, and scale technology infrastructure to support growing volumes and types of transactions.

According to Zuhair Shamma, Co-founder and CEO of Zest Equity, “This funding milestone allows us to continue in our mission to remove friction from private market transaction processes.”

Founded in 2021, Zest Equity aims to remove friction from private market transactions via its go-to trusted platform where clients can step into Zest’s ecosystem to design and select the tools they need to execute their transactions with ease, no matter how complex. Agnostic in their approach, Zest Equity offers solutions for various asset classes and transaction types. 

In October 2023, Zest raised $3.8 million Seed funding, led by Middle East Venture Partners (MEVP) with participation from the Dubai Future District Fund (DFDF) and DASH Venture to provide execution solutions for private market transactions under the $100 million threshold, often overlooked by major investment banks.

To date, the company has digitised the execution of more than $155 million in transaction value across more than 115 pre-agreed deals.

Strategic Deployment of Funds

“Prosus Ventures’ deep understanding of emerging markets makes them the ideal partner to accelerate our expansion, while MSISV’s expertise will be key to scaling sustainably and compliantly,” added Rawan Baddour, co-founder of Zest Equity.

“Zest Equity is building the fabric that brings together private markets in emerging economies,” said Robin Voogd, Head of Middle East Investments at Prosus Ventures. “Their vision aligns perfectly with our focus on supporting innovative financial infrastructure in high-growth regions.”

How Samsung’s Live Translate Is Bridging Global Conversations

Brand Voice
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How Samsung’s Live Translate Is Bridging Global Conversations

The world of smartphones keeps on evolving at a faster rate. The current smartphone is not your typical smartphone. Every smartphone manufacturer is rushing against time to come up with features that capture and retain customers. The latest smartphones, such as Samsung Galaxy S24 and Galaxy S25, feature an advanced Live Translate feature that has made the world a global village where people can converse in one language.

The Live Translate is an AI feature that automatically translates voice calls, face to face conversations, and text messages into one’s preferred language, so one can easily understand the person they are speaking with. Imagine Mr. Wafula from Shamakhokho having a perfect conversation with Mr. Hu Jing Tao from China, with Wafula using Swahili and Tao using Chinese.

There is no doubt that communication is key to every business conversation, task and transaction. When business crosses borders, whether virtually or in person, a language barrier can impede communication or create miscommunication. And with continents such as Africa pushing for free trade between and beyond borders, what will be more important than speaking “one language”?

The advent of Artificial Intelligence (AI) is helping to break down language barriers around the world — after all, the leading AI tools are built on large language models that can understand, interpret, and generate human-like text across many languages and contexts. And Samsung is leading the way in bringing AI-powered, near-real-time translation to business-ready mobile devices as part of its Galaxy AI* platform.

Live Translate debuted in Galaxy S24 devices with native call and message app support for 13 languages. It now supports 20 languages on the Galaxy S25 Series. The feature remembers the preferred language settings for each contact after the initial setup for that contact. This is what sets it apart from other inventions.

According to tech experts, Live Translate is easy and reliable to use in conversation, making communication around the world easier than ever before — and that is what makes it so powerful. Translating from one language to another isn’t necessarily all that new on the internet, but the ability to do so in near real time on a mobile device, with minimal manual input, is truly game-changing for many industries and functions.

For the first time, in what seems to be one of the biggest milestones in the smartphone world, the voice recognition accuracy of the Live Translation feature ensures that your conversations are accurately translated, providing a smooth and natural communication experience. This integration with messaging apps means that you can have real-time translations of text messages as well, breaking down language barriers in all forms of communication.

Experts have affirmed that Live Translation technology has significant global implications, from enhancing social integration to providing language learning opportunities. Global Impact of Live Translation Technology Enhanced Social Integration Facilitates seamless communication across diverse linguistic landscapes, fostering understanding and connection.

There is no doubt that at the end of the day, business revolves around opportunities, and opportunities stem from relationships. Until now, opportunities and relationships alike have been somewhat limited to situations where people speak the same language. With the Live Translate feature on the Galaxy S25 Series, the whole world opens up for leaders, colleagues, prospects, clients, vendors, and industry partners from diverse locales and cultures to communicate more seamlessly. It’s one of the many ways Galaxy AI functions as your human-like assistant to simplify your daily life.

HMD Launches the HMD Barça 3210 & HMD Barça Fusion

Ronald Bwire
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0
HMD Launches the HMD Barça 3210 & HMD Barça Fusion

Human Mobile Devices (HMD) has launched the HMD Barça 3210 and HMD Barça Fusion in partnership with FC Barcelona in a move to blend football heritage with modern functionality.

The HMD Barça 3210 is a social media app free but users can use it to watch the game while the HMD Barça Fusion is a stunning collector’s edition smartphone, engraved with the signatures of 11 first-team players from the current men’s squad – a team that’s on track to make history with their standout performances this season.

According to Head of Marketing and Partnerships at HMD, Mika Sarimo: “These two phones were built with FC Barcelona football fans firmly in mind. They’re for them. And they’re really all about putting screen time second and living in the moment first. The HMD Barça 3210 dovetails with the spirit of the club perfectly. It’s sleek, stylish, uncomplicated and tough as anything. The HMD Barça Fusion is nothing short of a work of art. It’s a true collector’s item and one for the real Culers out there’.

The HMD Barça 3210 has the following features:

  • 12 exclusive FC Barcelona bespoke wallpapers
  • A special edition Snake game – dodge the red cards and collect the trophies!
  • Audio greetings from top players like Lewandowski, Gavi, Eric Garcia, Fermín, and Iñigo Martínez
  • A long-lasting battery, so you can celebrate the latest Barça victory well into the early hours – IP54 splash protection, making it the perfect in-crowd matchday sidekick
  • A 2MP camera with flash and powerful torch, handy for those late-night celebrations
  • Two iconic ‘Blaugrana’ colours. The device is available in maroon or deep blue – each with a sleek silver Barça crest on the back

While the HMD Barça Fusion features the following:

  • An engraved collector’s outfit with signatures from 11 first-team players – who are set to make history with the club this season!
  • 108MP dual camera for stunning photos
  • 50MP selfie camera with gestures and slow-motion capture
  • 5G1 connectivity for ultra-fast browsing
  • Detox mode – soft or hard digital detox settings to help you unplug
  • Customisable Smart Outfits – swap between Barça game-ready, selfie, or rugged Outfits to transform the phone’s functionality and are sold separately.

Marc Bruix, Partnerships Director at FC Barcelona, added: “We are very happy to see how a partnership agreement of the Club becomes something tangible with the launch of two Barça mobile phones by HMD, a company that is committed to the responsible use of screens and that puts technology at the service of people. These products strengthen our partnership with HMD while offering our followers a new way to interact with Barça.”

Egypt’s Brite Launches AI-Powered HR Platform For SMEs in MENA

James Musoba
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Egypt’s Brite Launches AI-Powered HR Platform For SMEs in MENA

Brite, a Cairo-based SaaS firm, has launched its AI-powered HR Business solution, designed to help MENA organizations streamline HR and business operations and optimize performance by putting people first. 

Brite provides the tools to simplify HR and business management while translating performance data into actionable insights at a time when HR technology adoption is accelerating across MENA.

According to Mahmoud Abu Sharkh, Brite’s Managing Director, “We believe empowered people drive change, and that’s what we focus on. We’ve built a system that helps teams be more productive, efficient, and engaged by putting everything employees and managers need in one place.” 

Brite plans to expand across MENA in the second half of 2026, transforming the HR industry and the way businesses operate. By bringing advanced automation, real-time insights, and people-centered solutions to more organizations, Brite aims to redefine workforce management at scale. 

Brite’s HR Business solutions cover every aspect of HR and business management. Starting with Attendance & Leave Management, Brite offers real-time visibility into team attendance through features like location tracking and biometric authentication. When it comes to Payroll Management, the platform automates the entire process, from accurate calculations and tax deductions to compliance tracking, ensuring seamless payments. 

The HR SaaS market in Egypt alone is valued at approximately $34.7 million in 2024, with projections indicating a 10.6% compound annual growth rate (CAGR) through 2030. Egypt’s dynamic business landscape also presents a significant opportunity for HR digitalization. The country is home to approximately 3.6 million small and medium-sized enterprises (SMEs), contributing around 43% of Egypt’s GDP. With SMEs forming the backbone of the economy, solutions like Brite offer a critical advantage by equipping businesses with powerful tools to optimize workforce management and improve overall efficiency. 

What’s more, Brite’s Task Management tool enables team leaders to assign tasks, set priorities, and monitor progress, fostering better collaboration and efficiency. The Goal Tracker also allows managers to define KPIs and break down performance targets into clear, trackable daily goals. 

To support high performance, Brite’s Performance Evaluation and Optimization solution gives managers actionable insights about teams’ performance, empowering them to improve productivity, predict burnout, and make informed decisions. The platform also supports hiring processes through its built-in Applicant Tracking System (ATS), which automates job postings, resume screening, and interview scheduling.  

Additionally, Inventory Management enables teams to stay organized and prevent shortages by simplifying resource tracking. Finally, Brite’s integrated CRM centralizes customer data, helping businesses build stronger customer relationships, track every interaction, and improve customer retention.   

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