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Stanbic Bank Kenya Embraces Modernization with Orion Innovation
Stanbic Bank Kenya has announced a strategic partnership with Orion Innovation to modernise its core banking system. This move signifies a significant step towards a more digital future for…
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Copia Kenya Enters Administration Despite Raising $123 Million in Previous Funding Rounds
Copia Kenya, a leading e-commerce platform in Kenya, has entered administration, raising concerns about its future. This news comes just a week after reports emerged about the closing down…
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Mukesh Ambani’s Reliance Industries Sets Sights on African Telecom Growth
Asia’s richest man, Mukesh Ambani, through his company, Reliance Industries Ltd. (RIL), is venturing into Africa’s telecommunications market in a strategic alliance with Next Gen Infraco (NGIC), a Ghana-based…
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Onfon Brings Smartphone Financing to Kenya with Buy Now, Pay Later Services
Onfon Mobile has introduced an innovative solution: Buy Now, Pay Later (BNPL) services for smartphones.This creative product makes it affordable for Kenyans to buy smartphones from well-known brands like…
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Google launches Umoja Fiber Optic Cable connecting Australia and Africa
Google’s groundbreaking project, Umoja, marks a significant leap forward in digital connectivity between Africa and Australia. For the first time, the two continents will be directly linked by a…
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African Development Fund Grants $43 Million to Ethiopian Youth and Women-Led Businesses
The African Development Fund (ADF) has approved a $43 Million grant to support Ethiopian youth and women leading the charge in agricultural entrepreneurship. Micro, small, and medium-sized enterprises (MSMEs)…
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MOGO Kenya secures $10 Million to boost E-mobility In Kenya
The U.S. International Development Finance Corporation (DFC) is giving Kenya’s transportation sector a clean energy boost. They have announced a $10 million loan to MOGO Kenya, a company within…
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Kenya’s Tech Startups Lead the Way in Funding
Kenya has emerged as a powerhouse in the African tech startup ecosystem, securing an impressive $2.9 billion in funding over the last five years. This impressive figure places Kenya…
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This Kenyan HR firm launches an app to track employee location
FaidiHR has introduced a mobile app for HR and payroll management, eliminating the constant need for paperwork, chasing signatures, and managing complex HR processes that can eat away at…
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Microsoft and G42 Partner for $1 Billion Digital Transformation Push with Green Data Center and Innovation Lab
Tech giants Microsoft and G42 the UAE’s leading AI firm are partnering up to establish an East Africa Innovation Lab in Nairobi and construct a state-of-the-art green data centre…
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