back to top
Friday, April 3, 2026
spot_imgspot_imgspot_imgspot_img
Home Blog Page 65

Kenya Digital Economy Under New Leadership with Dr. Margaret Ndung’u

0

Kenya’s digital economy is under the new leadership of the newly appointed Cabinet Secretary, Dr. Margaret Ndung’u, replacing Eliud Owalo.

This significant change is part of President William Ruto’s recent cabinet nominations aimed at fostering national unity and addressing the country’s pressing challenges.

On Wednesday, July 24, President Ruto announced the second half of his proposed Cabinet, which is now awaiting vetting and approval from the National Assembly.

This follows an initial list released on July 19, 2024, where he named 11 new Cabinet Secretaries, with several familiar faces returning in different roles.

The newly nominated Cabinet includes key figures from the opposition party, ODM, demonstrating Ruto’s commitment to forming a government of national unity.

Notable ODM politicians nominated include Chairman John Mbadi, Deputy Party Leaders Hassan Joho and Wycliffe Oparanya, and Leader of the Minority in the National Assembly Opiyo Wandayi.

Full List of Newly Nominated Cabinet Secretaries:

  1. Ministry of Interior and National Administration: Prof. Kithure Kindiki
  2. Ministry of Health: Dr. Deborah Baraza
  3. Ministry of Lands, Public Works, Housing, and Urban Development: Alice Wahome
  4. Ministry of Education: Julius Ogamba
  5. Ministry of Environment, Climate Change, and Forestry: Aden Duale
  6. Ministry of Agriculture and Livestock Development: Dr. Andrew Muhia Karanja
  7. Ministry of Defence: Soipan Tuya
  8. Ministry of Water, Sanitation, and Irrigation: Eric Muga
  9. Ministry of Roads and Transport: Davis Chirchir
  10. Ministry of Information, Communications, and the Digital Economy: Dr. Margaret Ndung’u
  11. Ministry of Mining: Hassan Ali Joho
  12. Ministry of National Treasury: John Mbadi
  13. Ministry of Energy and Petroleum: James Opiyo Wandayi
  14. Ministry of Cooperatives and MSME Development: Wycliffe Oparanya
  15. Ministry of Youth Affairs, Creative Economy & Sports: Kipchumba Murkomen
  16. Ministry of Investment Trade & Industry: Salim Mvurya
  17. Ministry of Tourism & Wildlife: Rebecca Miano
  18. Ministry of Labour and Social Protection: Alfred Mutua
  19. Ministry of Public Service: Justin Muturi
  20. Ministry of Gender, Culture, Arts & Heritage: Stella Soi Lang’at

On Thursday, July 11, President William Ruto dismissed 20 Cabinet Secretaries and dissolved his Cabinet.

He cited recent public protests and the subsequent withdrawal of the 2024 Finance Bill as the primary reasons for this drastic measure.

Eliud Owalo, who served as Kenya’s Cabinet Secretary for Information, Communication, and Digital Economy, had a notable tenure that began on October 28, 2022.

Appointed by PresidentRuto, Owalo immediately committed to an ambitious agenda focused on empowering Kenya through digital advancements.

Under his leadership, the ministry launched several initiatives, including the rollout of free WiFi hotspots across various counties, aiming to install 25,000 hotspots by 2027.

This effort was part of a broader strategy to enhance e-commerce and support small-scale traders by leveraging digital technology to create between 1.5 and 2 million new jobs annually​.

Owalo’s tenure was characterized by a proactive approach and significant engagement with local leaders and communities, especially in Nyanza, where he worked to strengthen economic development and foster political support​ .

However, his term concluded when President Ruto dissolved the Cabinet on July 11, 2024, following public protests and the subsequent withdrawal of the Finance Bill 2024​.

Enjoy your life to the fullest

0

The world of online gambling has evolved significantly over the past few years, and one of the most popular forms of online game is game online. Game online, also known as online game has become a favorite for many gamblers due to its convenience and the variety of games available. In this article, we will explore what slot online is, how it works, and why it has become such a popular choice for many players.

Game online is an electronic version of the traditional slot machines found in casinos. Instead of physical reels and levers, online slot use a computer program to generate random combinations of symbols. Players place bets and spin the reels, with the goal of matching symbols in a winning combination. If a player hits a winning combination, they will receive a payout based on the value of the symbols and the size of their bet.

One of the main reasons why game online has become so popular is the convenience it offers. Players can access online game from anywhere with an internet connection, whether they are at home, on the go, or even at work. This accessibility allows players to enjoy their favorite games without having to travel to a physical casino. Additionally, online game is available 24/7, so players can play at any time that is convenient for them.

Another reason for the popularity of game online is the variety of games available. Online game offers a wide range of games with different themes, graphics, and features. Whether players prefer classic fruit machines, modern video game, or progressive jackpot games, there is something for everyone in the world of online slots. With new games being released regularly, players never run out of options to choose from.

In addition to convenience and variety, game online also offers players the chance to win big. Many online slots feature lucrative jackpots that can reach thousands, or even millions, of dollars. Progressive jackpot games pool a small percentage of each bet placed on the game into a prize pool, which continues to grow until a lucky player hits the jackpot. This exciting potential for huge winnings adds an extra level of thrill and excitement to playing online game.

While game online offers many benefits, it is important for players to be aware of the risks involved. Just like any form of gambling, online game come with the possibility of losing money. It is crucial for players to set a budget and stick to it, as well as to gamble responsibly. In addition, players should choose reputable online casinos that are licensed and regulated to ensure fair play and the security of their personal and financial information.

In conclusion, game online has become a popular choice for many players due to its convenience, variety of games, and the potential for big winnings. With easy access to a wide range of slot games and the chance to win life-changing jackpots, it’s no wonder that online slot have become a favorite among gamblers around the world. However, it is important for players to gamble responsibly and be aware of the risks involved. If played wisely, slot online can provide hours of entertainment and excitement for players of all skill levels.

LH Telecommunication acquires 95% stake in 9mobile

0

LH Telecoms Nigeria, a subsidiary of Light House Capital, has acquired a majority stake in 9mobile’s parent firm Emerging Markets Telecommunication Services Limited, after approvals from the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission.

The financial terms of the deal were not disclosed but the new board will be chaired by Thomas Etuh, with Nahim Ibraheem and Femi Edun joining as new members. Former senator, Daisy Danjuma will also be on the board, as well as Michael Ikpoki, Ibrahim Puri, Gloria Danjuma, and Emmanuel Etuh.

“The investment, approved by the African Export-Import Bank (AFREXIM), the senior lender to 9mobile in May 2023, has resulted in a change in control of 9mobile in favour of the new investor by the issuance of new shares amounting to 95.5 per cent of 9mobile to the new investor in consideration for the injection of fresh capital into the company,” the board announced in a statement.

The firm expects the new organization to revive the once telecom firm formerly known as Eutisalat Nigeria to give it the ability to compete more effectively in Nigeria’s highly competitive telecom market. The firm will be lead by Obafemi Banigbe as Managing Director and Chief Executive Officer succeeding outgoing CEO Juergen Peschel who will remain with the company as a consultant.

Banigbe began his telecoms career at Celtel, now Airtel Nigeria, as the Director of Operations and worked at Ericsson across various roles within the Sub-Saharan Africa Market Unit, culminating as the Network Support Group Manager for Access and Transport Networks. He also served as the Chief Operations Officer at Millicom Ghana, and Interim CEO and Chief Technical Officer for Millicom Ghana and Millicom International Cellular Tanzania. 

Banigbe co-founded Silver Rock Technology Services Ghana, a strategic advisory firm specializing in the Telecom, Media, and Technology sectors. He has also served as a Non-Executive Director at Amplitude Telecoms, a tower infrastructure provider in Nigeria, and contributed to the successful acquisition of Vodafone Ghana as an Advisory Board member for Telecel Group. Additionally, he provided strategic insights to the Nsano Group, a leading Fintech platform operating across multiple African countries, and offered guidance on product development and market entry strategies to Kirusa Group in New Jersey, USA.

“The Nigerian telecoms industry is characterized by strong competition, but it also provides opportunities for different stakeholders. I am delighted to join the 9mobile family and look forward to using my experience and unique value propositions to lead the company in the next exciting phase of its journey. The goal is to build on the existing foundation to create value that will transform the Nigerian telecoms sector,” said Banigbe

Banigbe holds a Bachelor of Engineering in Electrical and Computer Engineering from the Federal University of Technology Minna, Nigeria. He has furthered his expertise through the Ericsson Management Development Programme, the Advanced Management Program at the London Business School, and an MBA from Manchester Business School, UK. Prior to his appointment at 9mobile, he served as Senior Partner: Strategy and Technology with Africa Context Advisory Partners.

9mobile, was formerly known as Etisalat Nigeria was acquired by Teleology Holdings but ended up losing subscribers from its peak of 22 million in October 2016 to just over 11.7 million voice subscribers and 3.3 million internet users to date.

Google Doodles Football with a Feathery Twist for Paris 2024!

0

Google has been celebrating the Paris 2024 football (soccer) tournaments with quirky and fun Doodles!

During the kickoff of the Olympics, google displayed an interactive illustration featureing two chickens battling it out – one attempting a powerful header with an avocado as the ball, while the other eagerly awaits its turn.

This lighthearted Doodle marks the beginning of the highly anticipated men’s and women’s football tournaments.

Teams from powerhouse nations like France, Japan, the US, and Spain will be vying for gold in both categories.

Google’s Doodle for July 29, 2024 celebrates artistic gymnastics. The animated illustration features birds performing acrobatic feats, showcasing the grace and athleticism of gymnasts. This Doodle is a playful tribute to the ongoing Paris Olympics 2024.

  • Over 200 countries are participating in the Games, competing across 329 events in 32 sports disciplines.

A significant number of African countries are participating in the Paris 2024 Olympics. While it’s challenging to provide a complete list due to the ongoing nature of the Games, some notable African nations with strong representations include:  

  • South Africa: Known for its prowess in athletics and rugby, South Africa has a substantial delegation.

Kenya: Renowned for its dominance in long-distance running, Kenya is always a force to be reckoned with.

  • Nigeria: With a large population and a strong sporting culture, Nigeria has athletes competing in various disciplines.  

Egypt: Historically strong in sports like fencing and handball, Egypt has a consistent presence at the Olympics.  

Algeria: With a growing sports infrastructure, Algeria is making strides in international competitions.

Other African countries participating in the Games include Morocco, Tunisia, Ethiopia, Ghana, and many more.  

he Olympics officially opened on July 26th and will run until August 11th, marking the 33rd edition of this prestigious quadrennial events.

  • Explore the Google Doodles and test your football skills – virtually, of course!

Stay updated on the Games by following official channels and news outlets.

YouTube Unveils Six Steps to Channel Growth

0

YouTube has announced six key strategies for creators to foster channel growth and success.

The platform’s latest blog post, written by YouTube Contributor Julia Lee Harter, offers actionable advice for both seasoned creators and those just starting their YouTube journey.

Harter emphasizes the importance of authentic content creation, consistency, audience understanding, and experimentation with different formats like Shorts and Live. The post also highlights the value of learning from established creators and leveraging trending topics to boost visibility.

“2024 is shaping up to be an exciting year for YouTube creators.We’re committed to providing our community with the tools and insights they need to thrive. This blog post offers practical guidance to help creators achieve their goals and connect with their audience.”

Key tips from the blog post include:

  • Focus on creating authentic, engaging content.
  • Build consistency while maintaining sustainability.
  • Leverage YouTube Analytics to understand your audience.
  • Experiment with Shorts to reach a wider audience.
  • Learn from successful creators.
  • Capitalize on trending topics.

YouTube stated it continues to invest in resources and tools to support creators, including Creator Studio, Shorts, and the Creator Insider channeFor more iqnformation and tips, visit the YouTube Official Blog.

Veolia and Norfund to invest up to $54m into climate change startups in Africa

0

Veolia, the ecological transformation firm and Norfund, the Norwegian Investment Fund for Developing Countries, are set to invest up to $54 million into climate change startups solving access to energy and water, whilst managing their environmental impact.

The fund aims to invest in firms that have a strong appetite to lower utilities consumption, secure local energy sources, recycle water and waste, but lack of accessible funding creates a barrier for industrials to develop the right assets and solutions.

According to Philippe Bourdeaux, Delegated Zone Africa, Near & Middle East Director at Veolia: “As a leader in environmental services, Veolia is thrilled to combine its expertise with Norfund’s renowned commitment to invest in sustainable projects that drive development and innovation to green up African industries. As part of our GreenUp strategic program, Veolia will especially target water REUSE and energy saving projects, offering decarbonized solutions like biomass to energy or Zero Liquid Discharge to the industry, on a continent facing water scarcity and a lack of reliable energy.”.

Veolia has unmatched experience providing waste, water, and energy services to the industrial sector globally and a long-term presence in Africa, while Norfund has been operating there for 25 years with a strong local presence and portfolio of investment in manufacturing, renewable energy, and financial institutions. The two partners are ideally positioned to develop, finance, build and operate assets to provide low carbon footprint, optimized water cycle, and sustainable waste management for African industries. They will invest in projects ranging from € 3m to 50m and provide turnkey solutions and performance-based contracts to clients, targeting resource intensive sectors like food and beverage, materials, chemicals, or mining.

Veolia will especially target water REUSE and energy saving projects, offering decarbonized solutions like biomass to energy or Zero Liquid Discharge to the industry.

Ellen Rasmussen, Executive Vice Present for Scalable Enterprises at Norfund strongly supports the partnership: “Norfund is committed to development in Africa, and has a strong focus on supporting industrial development which is crucial to create diversification in the African economies. However, this development cannot happen at the expense of the environment. We are delighted to partner with such a strong player as Veolia to develop waste, water, and energy solutions that will ensure that this sector grows in a sustainable way.”

In 2023, the Veolia group provided 113 million inhabitants with drinking water and 103 million with sanitation, produced 42 million megawatt hours of energy and treated 63 million tonnes of waste.

Norfund is the Norwegian Investment Fund for developing countries. Our mission is to create jobs and to improve lives by investing in businesses that drive sustainable development. Norfund is owned and funded by the Norwegian Government and is the Government’s most important tool for strengthening the private sector in developing countries, and for reducing poverty. Norfund’s committed portfolio totals 3.6 billion USD in Sub-Saharan Africa, South/Southeast Asia, and Latin America.

Pre-order the Samsung Galaxy 2024 Foldables and Elevate Your Mobile Experience

0

Samsung’s relentless innovation has always driven the mobile industry forward, launching the latest foldable technology and integrating Galaxy AI. The brand’s commitment to meeting the diverse needs of customers remains unwavering, and with these groundbreaking advancements, it offers unparalleled functionality and convenience.

In Kenya, the recommended retail price for the Galaxy Z Fold6 (256GB) is Ksh 264,000, while the Galaxy Z Flip6 is Ksh 148,000. These devices will be available for pre-order at authorized Samsung stores and e-commerce partners from July 11 to July 31 pre-order here

Customers who pre-order the Galaxy Z Fold6 will receive a slim S-pen case, while those who pre-order the Galaxy Z Flip6 will receive a flip suite case set.

Flexible Payment Options

With Absa’s flexible payment options, owning the latest Samsung flagship is easier than ever. Using an Absa credit card, you can pre-order the devices through a convenient instalment plan that allows you to spread out the cost of your new device, making it more accessible to everyone.

 Exciting Features of the Foldables.

  1. AI Multi-Search on a Large Screen with Circle to Search:  Experience AI multi-search with text and images for more detailed results. Search anything and view the results on the large screen, enhancing your browsing experience.
  2. Note Assist: Effortless Organization:  Auto-format and summarize your notes with ease. Record and transcribe scripts directly in Notes, streamlining your workflow.
  3. Interpreter:  Turn your device into a personal translator. Use Dual Screen Mode for easy face-to-face engagements and Listening Mode for real-time interpretation during seminars, classes, or meetings.
  4. Smart Select & AI Drawing:  Tap and select anything on the screen to get AI-curated follow-up actions. Transform sketches into AI-generated images, enhancing your creativity.
  5. Vapor Chamber: First in the Z Flip series to feature a vapor chamber. Vapor chambers diffuse heat to prevent smartphones from overheating. The larger the vapor chamber, the more effectively it can dissipate heat and allow devices to maintain stable performance. Samsung managed to include a large vapor chamber in the foldable.
  6. FlexWindow: Galaxy Z Fold6 and Flip6 will provide more opportunities to maximize AI capabilities. Built on the foundation of Samsung’s history of form factor innovation, Galaxy AI uses a powerful, intelligent, and durable foldable experience to accelerate a new era of communication, productivity, and creativity.

Availability

The Galaxy Z Fold6 is available in Silver Shadow, Pink, and Navy, while the Galaxy Z Flip6 is available in Silver Shadow, Yellow, Blue, and Mint. Choose the colour that best suits your style.

For peace of mind, Samsung Care+ will be provided for one year free during the pre-order period, protecting your products with certified care from Samsung experts for accidental damage.

New ID cards on Hold: Court Suspends Maisha Namba Rollout

0

The High Court has halted any further progress on the new digital identity cards, popularly known as Maisha Namba, until a lawsuit filed by the Haki na Sheria Initiative is settled.

On July 24th, Justice Lawrence Mugambi issued the order, citing the potential for irreversible harm if the court ultimately finds the process unconstitutional.

“Based on the latest information,” the judge stated, “the court is convinced that an order suspending any further or continued implementation of Maisha Namba, Maisha card and Maisha Database pending the hearing and determination of this application ought to be issued.”

Haki na Sheria Initiative brought to the court’s attention a July 22nd circular confirming the commencement of mass collection, processing, and storage of data for Maisha Namba, along with enrollment into the Maisha Database (Maisha Namba ecosystem).

The documents presented outline three methods for enrolling in the Maisha ecosystem:

  • Issuing Maisha cards to newborns.
  • Providing them to first-time ID applicants reaching 18 years old.
  • Replacing lost IDs for adults who currently hold the 2nd generation ID.

The petitioner contests the entire Maisha ecosystem rollout, citing concerns about potential mass personal data breaches and the permanent exclusion of specific groups.

Haki na Sheria Initiative argues that the Maisha ecosystem lacks adequate safeguards for handling personal data.

“There’s a significant risk of causing harm to the public and their right to privacy by revealing certain types of personal information without proposals on how the data will be protected,” their documents partly state.

The organization further argues that the rollout is likely to exacerbate the already existing disparity in Kenyan citizenship.

Their reasoning is that some groups, primarily children from minority and marginalized communities, face difficulties obtaining citizenship documents like birth certificates. These difficulties stem from challenges in accessing registration centers or years of secondary vetting faced by their parents and grandparents when acquiring 1st and 2nd generation IDs.

Double-registered individuals, according to Haki na Sheria, encounter similar problems.

“If the state is allowed to proceed with this process, countless people will be left in limbo,” Haki na Sheria warns. “They won’t be able to obtain a Maisha card at birth or replace it as adults due to the lack of a 2nd generation ID.”

This, they claim, will have an impact on other fundamental rights like access to government services, education, and healthcare.

Justice Mugambi ordered the petitioner to serve the application to the case’s respondents by July 26th. The respondents include the Attorney General, CS Interior, Director General of Kenya Citizens and foreign nationals management service, Principal Registrar of Births and Deaths, and Principal Registrar of Persons.

The next court date for further directions has been set for September 17th.

US ticket marketplace Ticketmaster acquires South Africa’s Quicket

0

Ticketmaster, the US ticket marketplace owned by Live Nation Entertainment, is acquiring Quicket, a South African-based general admission event and festival ticketing platform, to further support the rapidly growing live events market across the continent.

Launched in 2022, Ticketmaster serves some of South Africa’s leading festivals, sports, music, theatre, and venue clients. The deal will give it access to Quicket’s self-service platform and event organizer tools, for use for events of all sizes, from small clubs to large festivals and stadiums.

According to Mark Yovich, President, Ticketmaster said: “Africa is home to some of the most passionate fans in the world who we have the privilege of connecting to the events they love, simply and securely. Our commitment to delivering top-tier tools for promoters, venues, and artists is unwavering. Partnering with Quicket will supercharge our mission to elevate Africa’s dynamic live events to the global spotlight they truly deserve. Together, we are igniting a new era of unparalleled growth for African entertainment.”

Quicket was founded in 2011 in South Africa as a truly scalable pan-African self-service ticketing platform. It allows anyone organising events of all shapes and sizes to deliver a world class ticketing experience to their audience, wherever they may be on the continent. Since 2011 the company has built a robust and fully featured ticketing platform to service the South African and broader African markets, empowering creators to bring awesome experiences to life.

Quicket has operations in Nigeria, Uganda, Kenya, Zambia, and Botswana and the acquisition will allow more African venues, artists, and promoters to benefit from Quicket’s regional expertise and Ticketmaster’s global reach and service and enable the expansion of digital technologies, like secure encrypted mobile tickets, across the continent.

“The passion for live entertainment is at the heart of African culture. Over the past 13 years, we’ve empowered event creators across the continent to deliver exceptional experiences through our ticketing platform,” said James Tagg, Managing Director, Quicket. “Partnering with Ticketmaster marks a landmark moment in connecting African artists to a global audience and enhancing the experience for local fans and promoters alike.”

Under the leadership of Managing Director James Tagg, Quicket will continue to operate as a standalone business unit from Cape Town. Ticketmaster is the world’s largest ticket marketplace and the global market leader in live event ticketing products and services. Through official partnerships with thousands of venues, artists, sports teams, festivals, performing arts centers and theaters, Ticketmaster processes 550 million tickets per year across 35+ different countries. Ticketmaster is a part of Live Nation Entertainment.

Nigeria’s AI startup Intron Health raises $1.6M for expansion

0

Nigeria’s Intron Health, an AI clinical speech recognition startup identifying over 200 accents spoken in Nigeria and across its markets in Africa, has raised $1.6M in a pre-seed funding round to deepen its efforts on clinical AI.

Intron Health’s speech-to-text real-time AI transcription converts spoken information into text allowing healthcare providers to easily enter data into electronic medical records, saving time and improving productivity. With he cash, it aims to recruit more tech talent for product development and market expansion, drive continued progress and break further technological barriers. 

The round was led by Microtraction, with participation from Plug and Play Ventures, Jaza Rift Ventures, Octopus Ventures, Africa Health Ventures, OpenseedVC, Pi Campus, Alumni Angel, and Baker Bridge Capital. The investment also saw contributions from angel investors from global companies, including Google, CLEAR Global, NYU, and Optum.

According to Tobi Olatunji, Founder and CEO of Intron Health, “Having worked as a doctor in Nigeria, I have experienced first-hand the pain points with trying to deliver quality healthcare amidst increasing patient numbers. We are excited about the adoption and growth we’ve seen over the past year, which shows we are addressing a significant need and providing a well overdue solution to a critical problem in the global south.”

Founded in 2020 by Olatunji, Intron Health is not only improving efficiency but also enhancing health outcomes and positively impacting hospital finances. Intron Health’s clinical speech recognition platform helps doctors across Nigeria, Ghana, Kenya, South Africa and most recently Uganda complete documentation seven times faster, significantly accelerating the adoption of Electronic Health Records (EHR) and reducing the administrative burden. 

“With the backing of prominent global investors who bring deep knowledge and expertise, we are looking forward to our next phase of growth,” said Olatunji, who saw the dangers of poor record keeping and lack of electronic medical records in various hospitals.

Clinical automatic speech recognition (ASR) are ubiquitous in developed markets. However, with over 3,000 of the world’s estimated 7,000 languages and dialects in Africa, many African and minority languages and accents remain excluded from global speech advancements. Intron Health aims to bridge that gap by supporting a diverse range of African languages, accents, recognising local names and accurately transcribing medical terminologies online and offline.

Intron Health says it has created a clinical speech dataset with over 3.5 million audio clips across multiple specialties and domains, covering 288 accents from over 18,000 contributors from 29 countries to fine-tune its AI modules. Intron Health has signed up over 30 public and private hospitals including Aminu Kano Teaching Hospital (AKTH) Kano, Asiwaju Bola Ahmed Tinubu Hospital (ABATH) Lagos, Babcock Teaching Hospital Ogun, and Meridian Health Group Nairobi, providing care to more than 56,000 patients. 

“We confirmed it was much better for us than voice-to-text available on Android and iPhones. It is refreshing to finally see great technology that helps doctors amidst several challenges facing healthcare in Nigeria,” said Dr Oluwatosin Fatade, the Chief Resident at the Radiology Department, West Africa’s largest Hospital, the University of College Hospital, Ibadan, which reduced radiology reporting turnaround time from 48 hours to just 20 minutes.

Intron Health recently partnered with Google Research, the Bill & Melinda Gates Foundation, and Digital Square at PATH on the largest study on LLMs in Global health evaluating 20+ LLMS (like OpenAI’s GPT-4o, Google’s Gemini, and Anthropic’s Claude) on 32 medical specialties across 15 countries. The project, tagged AfriMed-QA, creates a pan-African dataset of 20,000 Multiple Choice Questions (MCQs), Short Answer Questions (SAQs) and Consumer Questions for Medical Question-Answering (QA) contributed by over 1,000 clinicians across 15 countries.

NVIDIA and Huggingface are also some of its partners. As a member of the Commonwealth Artificial Intelligence Consortium (CAIC) initiated by the Commonwealth Secretary General, Rt Hon Patricia Scotland KC, Intron will help extend cutting-edge AI technologies to Commonwealth Small States.

Dayo Koleowo, Partner at Microtraction, shared, “We value companies and entrepreneurs who push boundaries with innovative solutions. Intron Health exemplifies this spirit. Tobi and Olakunle have effectively combined their domain expertise, unique insights, and proven execution skills to achieve impressive traction. We are excited to support Intron Health further and confident in their ability to deliver significant value to the healthcare sector and its stakeholders.”

Bboxx Appoints New Chief Executive Officer as Mansoor Hamayun Steps Up

0

BBOXX, a next-generation utility company, has appointed Anthony Osijo as the new Chief Executive Officer effective 23rd July in a move expected to help it consolidate its gains and scale further into more products and regions with its renewable energy and finance products for the masses.

Mansoor Hamayun, has been at the firm’s helm for 14 years providing affordable, reliable, and clean energy to customers in developing countries for over 13 years. With a background in electrical and electronic engineering, and a passion for social impact and innovation, Hamayun has led Bboxx to become one of the fastest-growing off-grid solar companies in the world, reaching over 5 million people and creating over 3,500 jobs. In 2015, he was recognized as a Bloomberg New Energy Pioneer, and a member of the Young Presidents’ Organization (YPO), a global network of young business leaders.

“I am excited to announce a significant transition at Bboxx . After more than a decade of serving as CEO and Chairman, it’s time for some change! Our mission to bring essential services to the masses remains unwavering, and to better achieve this, I’m passing the CEO role to our trusted CFO, Anthony Osijo,” said Mansoor Hamayun in a statement seen by TechMoran. “Having known Anthony for nearly two decades, he was a key mentor to us as students when we first started Bboxx. It’s amazing to see how this story has developed. Anthony will now oversee the daily operations, allowing me to focus on our strategic direction and strengthening relationships as Executive Chairman. Together, we aim to accelerate access to fundamental services such as electricity, water, internet, and mobility for underserved communities. Exciting times ahead!”

As an Executive Chairman, Mansoor will focus on developing and expanding our external relationships with existing stakeholders and new partners. The firm added that his vision and leadership have been instrumental in shaping Bboxx into the data-driven super platform it is today, and his ongoing involvement will continue to be invaluable.

Mr Osijo, formerly the Chief Financial Officer (CFO) of Bboxx, has over 20 years of experience in financial services and a strong track record. He will now spearhead the company’s day-to-day operations. He and the company’s executive team remain committed to driving forward Bboxx’s mission, focusing on innovative solutions to transform lives and unlock the potential of current and future generations in Africa and beyond.

Anthony Osijo has been supporting and working with Bboxx since before its creation. He formally joined Bboxx as CFO in January 2021, where he was pivotal in driving the company’s accelerated growth, including playing a key role in the successful acquisition of PEG Africa in 2022.  

Prior to joining Bboxx, Anthony served as Managing Director at Credit Agricole, responsible for debt product sales and strategy. His extensive career includes roles at UBS, Deutsche Bank, and financial institutions across the UK, Europe, and Asia.

Anthony’s leadership and strategic vision at Bboxx have been instrumental in forging strategic partnerships with global corporations like EDF and Mitsubishi, as well as attracting significant investment to fuel Bboxx’s expansion.

“It is a privilege to lead Bboxx at this exciting time. Our mission remains to improve the lives of millions through clean energy and technology. I am particularly passionate about empowering Africa’s youth and ensuring they have the opportunities to build a sustainable future. Together, with our dedicated team and the backing of our investors, we are poised to achieve remarkable growth and make a lasting impact on the continent. I also want to express my heartfelt thanks to Mansoor for his immense contribution and continued leadership over the years,” said Anthony Osijo, CEO of Bboxx.

Headquartered in Rwanda, Bboxx has built Bboxx Pulse®, a clean energy operating system to connect customers with clean energy, clean cooking, smartphones, e-mobility and selected financial products – many for the first time. Through last mile logistics and data-powered innovative financing methods, it offers pay-as-you-go products to households, businesses, and communities.

In 2022, it acquired solar energy frontrunner PEG Africa which is now helping it impact the lives of more than 3.9 million people in 10 operating markets, directly contributing to 12 of the 17 United Nations Sustainable Development Goals. With over 4,000 staff across Africa and offices in the UK and Asia, Bboxx aims to continue to improve the lives of millions through clean energy and technology through services such as clean energy, clean cooking, and e-mobility on a pay-as-you-go basis.

See below its impact

Ory Okolloh and Francesco Bianco Exit Safaricom Board

0

Ory Okolloh and Francesco Bianco have left the Safaricom Board according to company statement from Safaricom’s acting Company Secretary, Linda Mesa Wambani.

“The Board wishes to announce changes in the board with exit of Ory Okolloh and Francesco Bianco with effect from 24 July, 2024 and 1 August, 2024 respectively, following the full board meeting held on 24 July, 2024. The Board will announce their replacement in due course,” The statement read.

The board thanked Mr. Bianco and Ms. Okolloh for their invaluable and robust contributions in the committees and at board meetings
during their tenure and wishes the two all the best in their future endeavors. Ory Okolloh replaced Prof Bitange Ndemo effective February 2, 2023 after his appointment by the then Kenyan government to serve as Kenya’s ambassador to Belgium. She served as an independent director at Safaricom since February 2023 until her departure this July 2024. She has also previously served on the board of Stanbic Bank Foundation Kenya, from April 2020 to July 2024, and as a Non Executive director to Stanbic Bank till December 2020 when she resigned.

Ory Okolloh has also served on Omidyar Group’s Omidyar Network Board but left the organization end of April 2020 after seven years of service. Luminate, part of Omidyar Group funds non-profit and for-profit organisations that improve advocacy, civic participation and transparency.

Elon Musk Eyes Liberia for Starlink Expansion

0

In a move poised to revolutionize Liberia’s technological landscape, the government of Liberia is considering the introduction of Starlink satellite Internet service, developed by SpaceX.

This follows a recent virtual discussion between President Joseph Nyuma Boakai, Sr. and Elon Musk, the visionary CEO of SpaceX.

During their conversation, both leaders underscored the transformative potential of advanced technology, particularly in enhancing access to critical sectors such as education, healthcare, and economic development in rural areas of Liberia.

Recognizing the potential impact, President Boakai extended an invitation for Musk and his team to visit Liberia, signifying a commitment to ongoing dialogue and potential collaboration.

Concurrently, Liberia is undergoing significant reforms in its telecommunications sector.

“New regulations are being introduced to support fintech companies, aiming to foster innovation and competition in a market historically dominated by a few major players. These reforms are designed to level the playing field, enabling smaller startups to enter and thrive in the mobile and Internet services arena,” reports indicates.

The regulatory shift is expected to empower Liberian entrepreneurs, particularly those developing mobile financial solutions, by providing fair access to essential telecom resources. This marks a pivotal moment in Liberia’s tech evolution, coinciding with Musk’s interest in expanding Starlink across Africa.

Together, these developments promise a dynamic transformation in Liberia’s tech and telecom landscape, paving the way for broader connectivity and innovative services. The potential introduction of Starlink, alongside progressive regulatory changes, heralds a new era of technological advancement and economic opportunity for Liberia.

As of mid-2024, Starlink, SpaceX’s satellite internet service, has actively been expanding its presence across Africa. The service is already live in several African countries, including Nigeria, Kenya, Mozambique, Rwanda, Malawi, Zambia, Benin, and Eswatini. Starlink aims to further extend its reach to additional countries by the end of 2024. Upcoming launches are planned for Gambia, Lesotho, Senegal, Tanzania, Angola, Botswana, Madagascar, and Zimbabwe, among others.

This expansion aligns with Starlink’s goal to provide high-speed, low-latency internet access to underserved regions, particularly in rural areas where traditional broadband services are lacking​.

Salesforce Ventures Impact Fund Joins Allison for the 5th Edition of the Future Is Female Mentorship Program

0

Salesforce Ventures Impact Fund has partnered with Allison, a marketing and communications agency, for the 5th Anniversary edition of the Future is Female Mentorship Program.

The application portal for the fifth edition of The Future is Female Mentorship Program is now open and closes on Wednesday, July 31st. The successful female founders will be announced on Monday, August 19, 2024. Launched to support African female tech founders who are traditionally underserved in the male-dominated tech industry, the program has attracted applications from 37 countries across the Continent and is a continued force in supporting African women in the tech ecosystem.

“I am delighted to celebrate The Future is Female Mentorship Program’s fifth anniversary and its incredible journey supporting African female tech founders. This milestone highlights our commitment and dedication to empowering underserved African women in tech.” said Claudine Moore, Allison, Managing Director, Africa and Founder, The Future Is Female Mentorship Program. “We’re grateful for our current partners’ support and look forward to onboarding new partners to help us create a more inclusive and equitable tech ecosystem by supporting and investing in African female tech founders, and more.” 

Previous partners have included Google for Startups Accelerator: Women Founders Africa Program collaborated on the program which has seen a 253% increase in applications since its launch on Africa Day in 2020.  

The program will enable more women to participate in the rapidly growing tech sector, paving the way for a future in which women not only participate but thrive in the African technology sector.

“Salesforce Ventures Impact Fund is proud to again collaborate with The Future is Female Mentorship Program for its fifth edition” said Lauryn Poyser, Investor, Salesforce Ventures Impact Fund. “We’re excited to participate in a program that is dedicated to equipping female founders, particularly in Africa, with tools to build their business for long-term resilience. Salesforce Ventures Impact Fund remains committed to fostering a more inclusive venture capital ecosystem and supporting underrepresented founders.”

The Future is Female Mentorship Program provides African female founders with insights into PR and communications fundamentals, including creating a communications plan, business storytelling, digital marketing, media relations, personal branding and more.
The fifth edition of The Future is Female Mentorship program promises to reach even more African female founders from across the continent while introducing additional partners in more diverse sectors, expanding the resources, network, expertise, and knowledge available to mentees.

Mirroring previous editions, this edition of The Future is Female Mentorship Program will provide African female tech founders of early-stage startups with the PR and communications insights, knowledge, and skills needed to gain visibility and grow their business. It is aimed at African women based on the continent or in the diaspora and is launching or growing a tech business for African markets or serving Africans in the diaspora.

How to Apply
The application portal for the fifth edition of The Future is Female Mentorship Program is now open and closes on Wednesday, July 31st. The successful female founders will be announced on Monday, August 19, 2024.

Women building great tech startups in Africa or for Africa to APPLY HERE to the program and take advantage of this opportunity.

DTB and Network International Join Forces to Boost Kenya’s Digital Payments

0

Diamond Trust Bank (DTB) has entered into a partnership with Network International to drive digital payment innovation in Kenya.

The collaboration aims to align with DTB’s digital-first strategy by leveraging Network International’s cutting-edge processing platform.

This partnership will empower DTB to offer a diverse range of payment solutions, encompassing debit, credit, and prepaid cards, while simultaneously strengthening security measures through fraud prevention and 3D Secure authentication.

Jamie Loden, Chief Operating Officer at DTB, expressed enthusiasm for the partnership, stating, “Our collaboration with a market leader like Network International will help us satisfy the growing demand among our customer base for new and superior card and digital banking experiences that are convenient, safe, and seamless, thereby ensuring customer delight.”

Both DTB and Network International underscore the significance of this partnership in advancing financial inclusion and addressing the escalating demand for digital banking services within Kenya.

Dr. Reda Helal, Group Managing Director of Network International, highlighted the partnership’s potential to cater to the rising expectations of the emerging middle class, youth, and SME market segments, particularly the unbanked population, for services that support a digital lifestyle and facilitate financial inclusion.

Understanding free throws in basketball

Free throws are a crucial component of basketball, serving as both an opportunity to score points and a test of a player’s precision and composure. Making 1xBet betting is safe, and this also applies when wagering on basketball matches too.

Awarded after certain fouls, free throws are unopposed shots taken from the free-throw line, 15 feet away from the basket. Despite their straightforward nature, free throws can significantly influence the outcome of a game.  Those are great moments to make safe betting at 1xBet, which is the best place to wager on every other situation that happens in basketball.

Importance and mechanics

Free throws play a vital role in basketball, often determining the final score in close matches. The average free throw percentage in the NBA hovers around 75-80%, meaning most players make 3 out of 4 attempts. For this reason, making profitable basketball betting at 1xBet can also be done while free throws are going to take place.

However, exceptional players like Stephen Curry and Steve Nash have career averages exceeding 90%, showcasing the skill required to master this shot. Conversely, players with lower percentages, such as Shaquille O’Neal, whose career average was around 52.7%. This highlights the challenges some face despite their overall prowess on the court. There is profitable betting on basketball at 1xBet, where all circumstances that surround this exciting discipline are covered.

Mechanically, a successful free throw requires a combination of 3 things:

  • a proper stance;
  • grip;
  • and release.

Players typically position their feet shoulder-width apart, align their shooting hand under the ball, and follow through with a consistent motion. Mental focus is equally important.

How to properly take free throws

Improving free throw performance is a common goal for players at all levels. Coaches often emphasize repetition and routine, encouraging players to develop a consistent pre-shot routine that promotes muscle memory. Video analysis is another tool used to identify and correct flaws in a player’s technique. You are also invited to use tennis betting site 1xBet, which is a platform that also has a great section dedicated to basketball.

Additionally, mental conditioning can play a crucial role. Techniques such as visualization, where players mentally rehearse making free throws, and deep breathing exercises to reduce anxiety, are commonly employed. Teams may also use pressure simulation in practice, where players take free throws under conditions designed to mimic game-time stress. The betting site 1xBet can be used for tennis but also for different situations in basketball.

Start best online betting

The Utah Stars, originally founded as the Anaheim Amigos in 1967, were a professional basketball team that played in the American Basketball Association (ABA). Feel free to start best online betting at the 1xBet platform, where it is also possible to make wagers on modern basketball squads too.

In 1970, the franchise moved to Salt Lake City, Utah, and became the Utah Stars. Under the ownership of Bill Daniels, the Stars quickly gained popularity in their new home due to their competitive spirit and strong performance on the court. Through 1xBet you have a chance to start making the best online betting on all possibilities offered by basketball too.

The Utah Stars made an immediate impact in the ABA, winning the championship in their 1st season in Utah (1970-1971). Coached by Bill Sharman, the team had great players such as:

  • Willie Wise;
  • Zelmo Beaty;
  • and Ron Boone.

The Stars finished the regular season with a record of 57-27, showing their dominance in the league. In the playoffs, they defeated the Indiana Pacers in the ABA Finals, clinching the title with a 4-3 series win.

Notable players and achievements

Several key players defined the era of the Utah Stars and left a lasting impact on the ABA. Visit now the website 1xbet.co.ke/live/basketball – live basketball betting can be made on the best squads of this sport too.

Zelmo Beaty, a former NBA All-Star, joined the Stars in 1970 and played a crucial role in their championship victory. Beaty averaged 22.9 points and 15.7 rebounds per game during the 1970-71 season, showcasing his dominance in the paint. Whenever players with impressive numbers play, make live basketball betting on them at the 1xBet website.

Other legends of the squad

Another significant figure was Willie Wise, who was known for his versatility and all-around skills. Wise contributed significantly to the Stars’ success, averaging 19.4 points and 9.7 rebounds per game during his time with the team. In addition to the basketball wagers, make sure to check esports betting odds from the 1xBet website too.

Ron Boone, another standout player, played 6 seasons with the Stars and was known for his scoring ability and consistency. Boone scored over 1,000 points in each of his seasons with the Stars, highlighting his offensive prowess.

The Utah Stars also produced several ABA All-Stars during their tenure. In addition to Beaty and Wise, players like Red Robbins and Glen Combs earned All-Star honors, contributing to the team’s competitive edge. The Stars were known for their high-scoring games and dynamic style of play, which made them a fan favorite in the ABA. At 1xBet you can check betting odds for esports but also for wagers made on great basketball players too.

Ethiopia’s Wegagen Bank partners Kifiya to launch “Efoyta” digital lending app

0

Wegagen Bank has partnered with Kifiya, to launch digital loan service, ‘Efoyta,’ to alleviate cash shortage challenges and especially meet the working capital needs of MSMEs as well as enable salaried employees to access emergency loan facility. 

Efoyta digital lending app will empower individuals and avail financing to the previously underserved community and enhance the lives of citizens and empower youth to pursue their entrepreneurial aspirations.

According to Hayat Abdulmalik, Chief of Impact at Kifiya Financial Technology, “the launch of “Efoyta” represents a paradigm shift in how we serve communities that have been previously overlooked. About 3.2 million formal and 7.8 million informal MSMEs in Ethiopia lack access to working capital. By leveraging artificial intelligence and alternative data, we can empower these communities, promote inclusive growth, and reshape Ethiopia’s financial landscape.”  

The “Efoyta” digital loan service will begin with offering loans ranging from 5,000 to 50,000 birr. Customers can apply by providing identification information and opening an account with the bank or by using the Efoyta mobile application. One of the key differentiators for this loan service is that applications are reviewed in real-time, and customers who have been approved for a loan can access the capital instantly.     

To obtain financing with Efoyta digital lending product, loan applicants must first open an account with Wegagen Bank and then proceed to download the Efoyta application from the Play Store. After downloading the app, prospective loan applicants should complete the required information and submit their loan requests for subsequent approval. 

The Bank’s Board Chairperson, Ato. Abdishu Hussien officially unveiled the Efoyta digital lending product alongside Alganesh Tesema (PhD), Cabinet Secretariat of Science, Technology, Innovation, Research, and Training under the Tigray Interim government.

The “Efoyta” digital loan app will create significant opportunities, especially for micro, small, and medium businesses to help them grow their business.

Zendesk’s Teresa Anania Joins Sophos as Chief Customer Officer

0

Zendesk’s Teresa Anania has joined Sophos as Chief Customer Officer [CCO] to accelerate Sophos’ customer and partner success initiatives.

With more than 25 years of experience in leading customer satisfaction and sales growth across public and private sectors, excelling in both direct and indirect sales channels, Anania is joining Sophos from Zendesk, where she was responsible for the management and development of its global client base of more than 110,000 customers. At Zendesk, Anania led all post-sales functions, including Professional Services, Customer Support, Customer Service, Customer Success and Renewals, to deliver top line growth and measurable impact for customers.

“Sophos is in an exciting phase of its business growth, and I am eager to bring my career success building positive customer experiences to the company,” said Anania. “Sophos has a stellar reputation for continually innovating cybersecurity technology and managed security services that help organizations defend their businesses against ransomware, data breaches and other potentially business-ending cyberattacks. I will be working closely with channel partners, MSPs, and the global team, to advocate for Sophos’ customers and their security defenses and to drive value for partners from Sophos’ entire portfolio of solutions and services.”

As CCO, Anania will be responsible for developing a stronger customer-centric culture, working together with channel partners and Managed Service Providers [MSPs] to deliver a seamless experience for Sophos’ growing customer base of more than 600,000 organizations worldwide. She will be in charge of maximizing value of Sophos’ portfolio of cybersecurity solutions and services, including Managed Detection and Response [MDR] services and endpoint, network, email, and cloud security.

“To provide this pathway, we’ve hired Teresa, who has an impressive track record building post-sales relationships and delivering experiences that increase customer satisfaction and drive topline growth,” Joe Levy, CEO of Sophos. “Her knowledge and expertise will allow us to further put customers at the center of our business, alongside our channel partners and MSPs. Most importantly, Teresa’s new role will help keep our customers as secure as possible, which is always our top priority. We are delighted to welcome Teresa to the Sophos team.”

Social media and protest: Gen Z protesters warned against trespassing into protected areas

0

In the past two months, it has been evident that in Kenya, a new wave of civil unrest has brewed with Generation Z (Gen Z) at the centre stage.

Tuesdays and Thursdays have been witnessing nation wide protests where the young demographic, known for their digital savvy and activism, has been at the forefront of recent demonstrations against the government.

The decision to hold weekly protests comes on the heels of successful demonstrations that led to the withdrawal of the contentious Finance Bill 2024 and the reshuffle of the cabinet secretaries. However, it appears that the youth are not satisfied with this victory and are determined to maintain pressure on the government to address other pressing issues.

Social media has been abuzz with the planned protests, with young Kenyans using platforms like X (Twitter) and TikTok to mobilize support and share information.

According to reports, these protests have no claimed leaders.

Today on X, the hashtag  #OccupyJKIA has been on the trending on X where protesters announced they were going to march to the Jomo Kenyatta International Airport, a move which the authorities have condemned.

Similar hashtags have been trending across different social media platforms indicating a growing momentum behind the movement.

Acting Inspector General of Police Douglas Kanja earlier issued a stern warning to protesters, particularly those affiliated with the Gen Z movement, against attempting to occupy the airport. The warning comes ahead of planned demonstrations scheduled for today (Tuesday, July 23, 2024.)

Mr Kanja emphasized that JKIA is a protected area and unauthorized access is strictly prohibited under the Protected Areas Act. He cautioned protesters that any attempt to enter the airport will be met with the full force of the law.

The airport authority issues directive to the travellers to arrive four hours earlier before take off time as stringent security measures were put in place and security checks were expected to be lengthy. This comes after the social media notice ahead of the protest today and hashtag #OccupyJKIA trending on X.

The police boss urged protesters to exercise their right to peaceful assembly responsibly, emphasizing the importance of adhering to legal boundaries. He also expressed concerns about potential criminal elements infiltrating the demonstrations, calling for vigilance among protesters.

The warning follows a series of protests that have rocked the nation, with the youth playing a prominent role in demanding government accountability. While the government has made concessions, including the withdrawal of the Finance Bill, tensions remain high as the youth continue to press for further reforms.

The police have deployed additional officers to strategic locations in anticipation of the protests, with a focus on maintaining law and order while protecting critical infrastructure.

Protests erupted in Nairobi , Kenya’s capital city. Demonstrators flooded the streets of the central business district (CBD). They waved Kenyan flags, blew whistles, and chanted slogans demanding change. Their chants resonated with messages like “We’ve had enough!” and “President Ruto needs to step down!”

However, the anti-government protests weren’t universally supported. Another group, primarily consisting of boda bodas took to the streets as well. They voiced their support for the president, urging patience with chants like “Let’s give our president a chance!”

Peach Payments Acquires Custom Software Development Firm Operativa

0

Peach Payments, a South African digital payments firm has acquired customer software development firm Operativa and will integrate the entire Operativa team into Peach Payments, with Operativa co-founders Dayne Olivier and Ben Janecke taking on Principal Engineer positions.

The acquisition comes after Peach Payments latest close of $30 millionled by the Apis Growth Fund II. The terms of the deal were not disclosed but the full acquisition is expected to be completed by August.

According to Rahul Jain, CEO and co-founder of Peach Payments, “Operativa has been a trusted partner since the very beginning of our relationship, so the opportunity to acquire the business was not only a strategic business decision, but felt like a natural next step. The additional capital raised from the Apis Growth Fund II is allowing us to execute faster as we build new products and expand across Africa. Operativa has the people, skills, and  intricate knowledge that comes from having worked with us on developing our systems, allowing us to hit the ground running together on some really exciting new projects.”

Operativa works with clients in the financial services, information security, e-commerce and cloud hosting industries. Olivier and Janecke have worked with Peach Payments since 2022, building and maintaining a number of the company’s payments systems and solutions. The pair and their team have been instrumental in building the technical architecture that has paved the way for Peach Payments’ rapid expansion, including integrating additional payment methods such as Apple Pay, and onboarding new merchants and banking partners.

“We were able to build something really special with Operativa. We made significant strides working with Peach Payments as our partner, and we are confident that as an integrated business, we’ll be able to achieve even more,” Janecke adds.

The decision to sell the business had been influenced by a number of factors, including their relationship with Peach Payments and its plans for the future, as well as market conditions.

Bringing Operativa’s specialised skills and developers in-house allows Peach Payments to deliver on its growth strategy more quickly and efficiently, says Jain.

“We have always really enjoyed working with Peach Payments. We believe that the business has what it takes to become the undisputed payments leader in Africa. We see this acquisition as a call up to the winning team,” Olivier says.

SA’s Plentify, a climate tech startup, raises funding to fuel its local & international growth

0

Plentify, a South African and US-based climate tech company, has announced that it has closed a 50% oversubscribed funding round from North American and African venture investors to fuel its growth in South Africa and internationally.

The smart energy company makes affordable, reliable and clean electricity a reality for everyone by fusing advanced hardware, artificial intelligence and user-centric design to create smart home products that delight our customers and strengthen electricity systems for everyone.

According to Jon Kornik, Co-Founder and CEO of Plentify, “Whether you’re trying to fix a weak grid like South Africa’s or make the transition to clean energy like every country in the world, the fundamental problem is the same—a mismatch between the timing of energy demand and clean energy supply. Plentify’s residential load management platform addresses this problem for 75% less than the cost of batteries,” says

Plentify’s flagship product, HotBot, connects to electric water heaters, optimising energy use and contributing to a virtual power plant that shifts energy use from peak, costly times to periods when renewable energy is abundant. These helps appliances draw energy at optimal times hence leading to major savings on energy bills through efficiency gains.

“Plentify has built a product that has the potential to revolutionise home energy use in SA and beyond. We’re excited to back an exceptional team that is addressing critical energy challenges through sustainable, decentralised solutions,” noted Paras Patel, Managing Partner of E3 Capital, who led the funding round.

The round included a mix of existing and new investors, such as Third Sphere, TELUS Pollinator Fund for Good, Susquehanna Foundation, and Fireball Capital. The capital injection will enable Plentify to further accelerate its impressive growth. “In 2024, we have already deployed more than three times as many HotBots as in all of 2023,” remarked Kailas Nair, Plentify’s Co-Founder and Chief Growth Officer.

“This growth has come in partnership with leading South African companies like Balwin and Wetility, who are deploying Plentify technology alongside their solar and battery systems to deliver the most affordable clean energy.”

The company exists with a singular mission: to enable utilities (including rooftop solar panels) to deliver affordable, reliable, and clean energy. Their rapid growth has led to significant progress on this mission, with their fleet of smart devices providing enough resilience to the grid to mitigate the equivalent of more than an hour of morning and evening blackouts per month in Cape Town.

The fresh capital will also allow Plentify to continue its expansion into new markets, where this South African-born technology has broad applicability. Shaun Abrahamson, Managing Partner at Third Sphere, commented, “Plentify may have cracked the code on how to architect energy management in the smart home of the future—enabling homes to cheaply and easily maximise their solar self-consumption.” Similarly, Paula Mokwena, CEO of Fireball Capital, remarked, “Plentify’s technology has great potential not only in South Africa but in any market with an established or growing residential solar market. This global potential underpins our investment thesis.”

Plentify believes it can achieve its ambitious growth goals, largely thanks to its world-class team, which includes former leaders from Google, Tesla, Meta, NASA, Discovery Vitality, McKinsey & Co., and others. This team continues to drive the company’s innovation engine, ensuring it remains at the cutting edge of technology and business strategy.

Plentify’s model of using intelligence to connect appliances with clean energy not only serves the needs of today’s markets but also sets a blueprint for the future of energy management in smart homes worldwide. With solid backing, a clear vision, and a capable team, this investment is sure to unlock the next chapter for Plentify.

Copia Co-Founder Plots Comeback After E-commerce Firm’s Demise

0

Just a month after Copia Global administrators announced the sale of its assets to settle creditors, Tracey Turner, co-founder of the Kenyan-based e-commerce platform, is already gearing up for a new venture, new reports indicates.

“According to multiple sources familiar with the matter, Ms Turner is in the process of launching a new company that will focus on delivering household items in Nairobi and its surrounding suburbs. The company, which has already been registered in Kenya, is reportedly in advanced talks with investors, with three already lined up to provide funding, according to a venture capitalist privy to the discussions,”the report stated.

Also, Ms Turner’s co-founder and former Copia CEO, Tim Steel, is also expected to join the new team, although his exact role remains unclear. Mr Steel headed Copia from March 2017 until its entry into administration in May 2024.

Copia’s downfall began in May when it admitted to financial struggles and laid off over 1,000 employees. Despite attempts to raise new funding, the company ultimately decided to wind down operations after eleven years.

The new company’s anticipates a potential launch between September and October.

Kenya’s Aquarech receives $350K from Village Capital to improve fish farmers’ productivity

0

Village Capital has invested $350,000 into Aquarech, a Kenyan agtech startup that enables small and medium-sized fish farmers to become more productive and profitable by providing them with access to quality fish feed, credit, and buyers.

This investment comes from Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, established to support financial inclusion by supporting innovative financial solutions and inclusive businesses which also announced an investment into Nigeria’s Coamana.

Founded in 2019 by father-son duo David and Joseph Okech, as well as James Odede, Aquarech is a digital platform for small and medium-sized fish farmers. As natives of Kisumu. David grew up in the fish farming industry and has direct experience in many areas of Aquarech’s business, including establishing and running a caged fsh farm in Lake Victoria. Joseph is an agricultural economist with over 40 years of experience while James is the founder of healthtech startup MobiDawa and LakeHub.

In the regions surrounding the African Great Lakes, many residents in lakeside communities depend on fisheries for their livelihoods, either directly or indirectly. Fish play a crucial role as a source of sustenance and income across these areas. Lake Victoria alone sees an annual fsh catch of about 1 million tonnes, with the fishing sector employing roughly 2 million individuals near the lake. This industry sustains the livelihoods of approximately 40 million people across East Africa. Yet, overfishing, pollution, and climate change, combined with naturally occurring changes, have led to a significant reduction in fish quantities in the lake, disrupting the livelihoods and fishing industry in the region. Aquaculture is viewed as a viable option for closing the growing gap between fish demand and its supply. However, due to the industry’s heavy dependence on lake farming, aquaculture farmers face challenges such as the absence of high-quality fish feed, inadequate farming practices, limited access to structured markets due to reliance on middlemen, and a lack of access to capital.


Aquarech fills many critical gaps, operating both B2B and B2C verticals. Through their B2B services, they support farmers with access to quality feeds and credit using a buy now, pay later (BNPL) model. Aquarech also provides training and other precision agriculture tools that help fish farmers learn about best practices and improve incomes. As part of its B2C services, the startup mitigates the market access gap by purchasing fish directly from farmers and selling directly to consumers through its Fish Delis (Aquarech-owned distribution kiosks).

“An inclusive and sustainable aquaculture food system in Africa depends on how many small and medium-sized fsh farmers we can transition to profitability,” stated Dave Okech, Co-founder and CEO of Aquarech. “This fund enables us to achieve this by bringing high-quality extruded foating pelleted fsh feed with better feed conversion ratios directly to the farmers’ doorstep, supported by a credit platform and market linkages. With this intervention, we are transitioning farmers to profitability.”

Aquarech showcases its potential to enhance livelihoods for fish farmers and generate employment for women and youth in rural areas. Heather Matranga, VP of Impact Investments at Village Capital said, “This company, which really sits squarely at the intersection of climate resilience and economic mobility, is aligned with our mission to support emerging impact leaders tackling rural inequality. The founders of Aquarech have a combination of lived-experience and nuanced understanding of the problems fsh farmers face, as well as the business acumen and creativity to solve these problems.”

In addition, Aquarech is promoting gender inclusivity in the sector: 35% of the 2,000 fish farmers they work with are women. The startup is also focused on providing stable job opportunities for women, particularly in its distribution kiosks, which it intends to scale with its recent capital raise.

Nigeria’s Coamana secures $500K from Village Capital to digitize trade across markets in Africa

0

Nigeria’s Coamana, a startup that has established agent networks to facilitate the onboarding of farmers and traders into the digital marketplace, has raised $500,000 from Village Capital to digitize trade across markets in Africa.

The investment was from Village Capital’s the Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, to promote financial inclusion. To date, the fund has invested in four impactful startups, Apontech, a Bangladesh-based company enhancing financial inclusion for factory workers; Crop2Cash, a Nigerian agtech empowering smallholder farmers; Aquarech, a Kenyan startup advancing aquaculture around Lake Victoria, and CoAmana which recently received funding as the fourth beneficiary.

Founded in 2018 by Hafsah Jumare, Coamana was born out of her recognition of the gap between academic data and the realities faced by farmers. The startup ensures effective distribution of essential services, such as access to information, high-quality inputs, and credit, to farmers and traders.

“This investment marks a pivotal moment for Coamana, acting as a catalyst for our future ambitions. Village Capital has been an unwavering partner, journeying with us from Nigeria to Kenya and deeply understanding the communities and markets we serve, even reaching the borders of Niger,” shared Hafsah Jumare, Founder and CEO, Coamana.

Coamana’s vertical SaaS solution transforms traditional markets by digitizing their management processes, more reliable transactions, and empowering market management to enhance their existing operations. With Amana Market, both farmers and traders have access to credit, real-time market information, and high-quality inputs, optimizing market efficiency. By integrating with these markets’ existing governance structures, Coamana ensures a seamless adoption process.

Kavon Badie, Investment Ofcer at Village Capital said, “We chose to invest in Coamana because of their innovative approach to leveraging existing market structures to improve efciencies. They provide farmers and traders, who are often excluded from traditional fnancial systems, access to essential credit and information on producing high-quality inputs, ultimately improving the livelihoods of millions of smallholder farmers who rely on these markets. This investment aligns perfectly with our fund’s purpose of fostering fnancial inclusion and reducing rural inequality.”

Now operating in Nigeria and Kenya, Coamana has built a robust network of agents that assist in onboarding farmers and traders to the digital marketplace. The startup enables informed decision-making by providing real-time market prices and purchase requests, optimizing sales for better returns. It also strengthens market resilience and fosters economic growth in rural areas by improving access to credit and future-proofng traditional markets. Instead of disrupting existing systems, Coamana focuses on enhancing and evolving these markets with digitized services, supporting their continuous improvement and long-term success.

Village Capital has operated in sub-Saharan Africa since 2012, running over 14 accelerator programs serving entrepreneurs in 15 countries in the region. VilCap has supported more than 120 locally-based startups and 78 Entrepreneur Support Organizations (ESO) working in sectors such as fnancial health, hardware, sustainability, and the future of work.

How Samsung TVs Use Knox Matrix To Secure Your Data

0

You have probably heard the expression “Data is the new oil.” Well, data today is fueling an increasing number of businesses as well as individuals. Personalized customer experiences, automated marketing messaging, and science-driven insights all depend on the quality and volume of your information.

Companies and individuals are eager to gather data, and understandably so. Legislators, on the other hand, are keen to protect the privacy and safety of individuals. You have probably searched for something on the internet only to meet with voluminous and overwhelming, sometimes annoying ads of similar searches across all other platforms. It is all about data and your privacy.

As technology continues to advance, thanks to the latest inventions like Artificial Intelligence and the ever-advancing technology in smartphones and other electronics such as televisions, data privacy, and protection have never been as much needed as now.

Did you know, for instance, that your favorite smartphone listens to you? Yes, it does. Your phone listens to you. Phone listening is a proven fact, as voice assistants require your microphone to be enabled at all times, and they need it to pick up trigger words. It listens and keeps a record just like the human mind.

Did you also know that through the Internet of Things, (IoT), your devices can effectively communicate with each other and share data which might include some personal and private data? For starters, the term IoT, or Internet of Things, refers to the collective network of connected devices and the technology that facilitates communication between devices and the cloud, as well as between the devices themselves.

It is because of this, and the urgent need to safeguard your data that Samsung TVs now have the Knox Matrix. This is a feature that provides blockchain security monitoring and secure data sharing between your devices, such as your TV and phone, your TV and tablet, or your TV and SmartThings devices. Through this tech, data that is stored via cloud servers is also fully protected with Enhanced Data Protection, which means that data can only be decrypted on your trusted devices. Additionally, your data is completely inaccessible to others, including Samsung, and is protected in the event of data breaches in the cloud server.

At the same time, Samsung Knox offers comprehensive 3-layer security that functions in all areas of your TV, including hardware, platform, and service solutions. These layers are covered within; Hardware Security which ensures safe booting of the TV’s operating system and blocks personal information leakages; Platform Security which ensures a safe and secure environment by encrypting and blocking malicious apps when storing data; and service Security which ensures confident use Internet-based services without the threat of information leakages. For example, Service Security will block access to phishing sites when you’re using a web browser.

Kenya’s Oldest Bus Company Goes Electric

0

KBS Acquires First Electric Bus as Part of Fleet Modernization Strategy

Kenya Bus Service Management Ltd (KBS), the country’s oldest bus operator founded in 1928, has taken a significant step towards modernizing its fleet by acquiring its first electric bus.

The 36-seater electric vehicle was built at BasiGo’s dedicated assembly line located at the Kenya Vehicle Assembly plant in Thika. This new addition to the KBS fleet will serve the CBD-Kibera, CBD-KNH, and CBD-Utawala routes.

“We are excited to partner with BasiGo, Africa’s leading electric bus company, to help us upgrade our fleet,” said Edwins Mukabanah, KBS Managing Director, during the launch ceremony held at Kencom. KBS has placed an additional order for 25 electric buses to be delivered in the coming months.

“We also want to be the leader in electric charging infrastructure, ensuring all Electric Vehicles coming into Nairobi are charged at the KBS depot,” Mukabanah added.

BasiGo, committed to introducing cleaner and greener public transport solutions in Kenya, welcomed KBS to the “e-mobility fraternity.”

“We are delighted to have KBS join us as we address climate change and reduce greenhouse gas emissions,” said Samuel Kamunya, BasiGo Head of Business Development. “Each electric bus deployed on our roads mitigates 50 tonnes of carbon emissions per year, contributing to a healthier Nairobi. Our goal is to deliver 100 locally assembled electric buses to Kenyan operators by the end of 2024.”

Both KBS and BasiGo share similar operational models, encompassing driver training, route simulation, service depots, and a centralized operations center. As of July 2024, BasiGo’s electric buses have traversed over 2 million kilometers and carried more than 3 million passengers since their Kenyan launch in March 2022.

BasiGo holds over 500 orders from Nairobi bus operators and plans to manufacture and supply over 1,000 electric buses to Kenyan PSVs in the next three years, creating over 300 green jobs in the process.

Samsung Unveils Exclusive Galaxy Z Flip6 Olympic Edition for Paris 2024 Athletes

Samsung today revealed the Olympic Edition of its newly announced Galaxy Z Flip6, exclusively designed and customized for all athletes competing at the upcoming Olympic and Paralympic Games Paris 2024.

The Galaxy Z Flip6 Olympic Edition for Paris 2024 is the first-ever Olympic Edition to feature Galaxy AI. Designed to elevate the athletes’ Games-time experience from the moment they arrive in Paris, it is the first to come pre-loaded with a full suite of exclusive services and useful apps. The Galaxy Z Flip6 will also take center stage at the Olympic Games as the first Olympic Edition to play an integral role on the podium.

It boasts the new Galaxy Z Flip6’s compact and versatile design, in a striking yellow colorway adorned with the Olympic rings and Paralympic agitos in gold. To dress up the phone, Samsung partnered with the Parisian Men’s Luxury Maison, Berluti, who designed the Team France’s official outfits for the Paris 2024 Opening Ceremony, to create an exclusive Flipsuit Case that will accompany each device. Made from Venezia leather, each Flipsuit Case has a unique patina featuring a vibrant color mix inspired by the Olympic rings, celebrating the Olympic spirit and values of excellence and unity.

“Samsung has pushed the boundaries of mobile technology in support of the Olympic and Paralympic Games and its athletes for nearly three decades,” said Anthony Hutia, Head of Mobile Experience, Samsung Electronics East Africa. “We are honored to deliver our newest Galaxy innovation to the inspiring athletes of Paris 2024 – and give them the opportunity to experience the powerful and intelligent Galaxy Z Flip6. We are excited to see how our technology opens up athletes’ Games-time experience like never before — from creating meaningful connections, to sharing and capturing lifelong memories while in Paris and beyond.”

Village Enterprise raises $1.3m to end poverty in Rwanda through entrepreneurship & innovation

0

Village Enterprise, a nonprofit seeking to end extreme poverty in rural Africa through entrepreneurship and innovation, has received a $1.3 million grant to help break the cycle of extreme poverty in Rwanda and help people become more resilient to climate change.

The funds from the Fund for Innovation in Development (FID), an independent body hosted by the Agence Française de Développement (AFD) will be used to co-finance Village Enterprise’s partnership with the Government of Rwanda to provide critical training, startup cash, and business mentoring to people living in extreme poverty to help them set up their own businesses.

In a statement seen by TechMoran, Dianne Calvi, CEO and President of Village Enterprise, said: “Village Enterprise is excited to continue our collaboration with the Government of Rwanda and empower households to put an end to extreme poverty through entrepreneurship thanks to the co-financing from the Fund for Innovation in Development and USAID’s Development Innovation Ventures. It’s by uniting efforts and taking collective action to scale proven innovative solutions with governments that we can sustainably and effectively end extreme poverty.”

Around 4.8 million people in Rwanda live in extreme poverty, and the Rwandan government has committed to eliminating poverty by 2030. Village Enterprise will work alongside the Government of Rwanda, training government parasocial workers and sharing best practices on how to be successful mentors to first-time entrepreneurs. The two aim to catalyze an additional $22 million in funding to help reach an additional 125,000 households by 2027.

“We enthusiastically welcome the grant extended to Village Enterprise, signifying another momentous stride in our collective efforts to eradicate extreme poverty in Rwanda. This partnership is empowering thousands of households to establish sustainable businesses, playing a pivotal role in our pursuit to eliminate poverty by 2030,” said Claudine Nyinawagaga, Director General of the Local Administrative Entities Development Agency.

Village Enterprise and the Government of Rwanda will support over 31,000 households to set up, launch, and run their own businesses. These businesses will range from clothing and produce retail, to hairdressers and bicycle repair enterprises. The project has already trained 7,680 households to become entrepreneurs to date.

Egyp’s MNT-Halan Raises $160 Million to expand across the region

0

MNT-Halan, Egypt’s first unicorn has raised US $157.5 million aimed to accelerate its regional expansion.

 The fund included $40 million from the International Finance Corporation (IFC) and the remainder from DPI (Development Partners International), Lorax Capital Partners, funds managed by Apis Partners LLP, Lunate, and GB Corp.

MNT-Halan’s Founder and CEO, Mounir Nakhla, said: “While Egypt remains our primary market, we are committed to revolutionizing access to financial services through technology beyond Egypt’s borders. Our M&A strategy capitalizes on our technology and industry expertise while leveraging our partners’ local knowledge, management capabilities, and licenses. We are happy to have the IFC on board and to see the continued confidence from our current shareholders through their participation in this round.”

Founded in 2018 ,MNT-Halan is a microfinance lending and payment company that aims to revolutionize access to financial services through technology.The Halan app includes all types of business and consumer loans, pre-paid cards, e-wallets, e-commerce, gold, and money market fund investments, with more services launching soon. Since inception, it has served more than 7 million customers.

The current funding comes after the company raised US $400 million in January 2023 and US $120 million in September 2021, making the Egyptian native fintech extremely well positioned to further expand regionally.

Maatouk Bassiouny & Hennawy and Van Campen Liem served as legal advisers to MNT-Halan for the transaction, and Hogan Lovells, Freshfields, and Gibson Dunn served as legal advisers to the subscribers. Arqaam Capital acted as financial advisers to GB Corp.