A coalition of multilateral development banks and development partners has pledged over US$17 billion in financing on Friday during a high-level forum, in a bold bid to address rising hunger on the African continent and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue – Feeding Africa: […]
Category Archives: Kenya News
Kenya News
Download logo The COVID-19 pandemic has severely impacted the lives of thousands of migrants, internally displaced persons (IDPs) and host communities throughout the East and Horn of Africa, leaving many individuals, communities and economies vulnerable and in need of additional support and protection. COVID-19 induced movement restrictions and measures are directly impacting the daily lives […]
Leading Customer Experience Platform for Africa to Integrate Intelligent Messaging and Payments Platform Across its Product Suite Ajua, the integrated Customer Experience Management solution for businesses in Africa, has acquired WayaWaya, the Kenya-based Artificial Intelligence [AI] and Machine Learning [ML] known for its innovative Janja platform, that enables borderless banking and payments across apps and […]
Fintech, Kenya News
Affordable digital banking to revolutionise price-sensitive East African payments market
In a region still dominated by cash and mobile money options, like M-Pesa, new collaborations between fintechs are looking to capture the price-sensitive market with innovative, open-loop digital payment solutions in East Africa. According to Mark Dankworth, President International, Ukheshe Technologies, the region is poised for a surge in digital banking growth, with the likes of […]
Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully pioneering and proving […]
Ismail Ahmed will seek to commit $500 million of his own wealth and investments over the next 10 years to Somaliland-focused development programmes. Sahamiye Foundation will aim to double Somaliland’s literacy rate to 90% by 2023. A team led by WorldRemit founder Ismail Ahmed has today launched Sahamiye Foundation, a philanthropic organisation focused on using […]
The year is 2016, outside a busy supermarket in one of Nairobi’s estates. Shoppers flow in and out carrying their groceries and other shopping items with plastic carrier bags. These are the order of the day, but their pollution to the environment is devastating. A year later in 2017, the Kenyan government would enact the […]
By G4S Nicholas Mbithi, Contract Manager, in Kenya tells about how G4S is working with Bamburi Cement, the largest manufacturer of cement in Eastern Africa Bamburi Cement, based in Kenya, is the largest manufacturer of cement in Eastern Africa, producing around 5,000 tonnes of it every day. Its operations are vast, with two mega plants […]
– Project first started in 2016 where vCargo Cloud (“VCC”) worked on a Proof-of-Concept (“POC”) platform for the project – Completion of project will see seamless transmission of trade-related documents between participating EAC SCT member authorities. KENYA, 30 March 2021: Singapore’s GUUD (Africa) Pte. Ltd, via its wholly owned subsidiary, vCargo Cloud Kenya Limited., has […]
AURA, South Africa’s leading security and medical response platform, has announced its imminent expansion into Kenya which will be led by its new General Manager, Hilary Itela. Partnering with KK Security, owned by GardaWorld, Aura will offer its emergency and medical response services in Nairobi and Mombasa. Warren Myers, CEO, AURA says that the intention is to address the […]
Over 1,200 delegates virtually convened for the 3-Day summit on ‘A Resilient Africa – Forging Solutions for the Impact Economy’ Sankalp Forum, an initiative of Intellecap hosted its 8th Edition of the Sankalp Africa Summit, in a virtual format, from the 2nd to 4th March 2021, one of Africa’s largest inclusive networking platform focusing on […]
Business, Ghana News, Kenya News, Mauritius News, Nigeria News, Sierra Leone, Startups, Tanzania News
N’Gunu Tiny on Why social entrepreneurship supports local communities throughout Africa
Transformative tech and social innovation expert N’Gunu Tiny talks about how social entrepreneurship helps communities in Africa. N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group, is an expert in transformative tech and social innovation. His book Impacting Lives will be published in Fall 2021. Before the pandemic, Africa was surging ahead with local and national […]
Ethiopia News, Ghana News, Kenya News, Main, Mauritius News, Mozambique News, Nigeria News, South Africa News
Deal making slows across Africa but post-pandemic opportunities look interesting
Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]
Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]
Studies have shown that there will be more plastic than fish in the ocean by 2050. Marine life will be at risk if we do not act to mitigate the improper disposal of plastic. As the world continues struggling with proper waste management, different solutions have been suggested and adopted to manage the end-of-life of […]
Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as […]
Africa Travel, Kenya News
Ngaren: The Museum Designed to Revolutionize Travel to Kenya, Post Covid-19
Dr. Richard Leakey’s plans for a new museum dedicated to the story of humankind aims to revolutionize travel to Kenya in the post pandemic world. Ngaren: The Museum of Humankind, being built in Kenya’s Rift Valley, a region synonymous with human origins, is the culmination of Dr. Leakey’s life’s work – whose fossil discoveries have […]
The Kenyan government has spared no expense in supporting tech startups of the country, and as a result, Kenya has quickly become the tech hub of Africa. With tons of tech startups facilitating the economy of the country. With facilities like NTSA TIMS, Kenya’s people can easily make it big in the tech industry very […]
Fintech, Interview, Kenya News
N’Gunu Tiny on How blockchain funding will disrupt the games industry in Africa
N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group is an expert in Fintech, blockchain and innovative tech. Here’s his take on the impact blockchain could have on the gaming industry in Africa and around the world. The global gaming industry is one of the few that has managed to thrive in 2020. Lockdown […]
Kenya News, Main, Science, Senegal News, South Africa News, Tech
It’s Time For Africa To Invest In Education, Science And Technology
Africa produces just 1.1% of global scientific knowledge. There are 79 scientists per million Africans. According to the UNESCO Institute of Statistics (UIS) estimate for 2019 Africa’s funding for Research and Development is 0.4% of the continents GDP which is far below the global average of 1.7% and the lowest in the world. In 2006, […]
African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]
Fintech, Kenya News, Main, Nigeria News, South Africa News
How fintechs are making Africa a leading global Innovation Hub
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure. With a growing population, an increasing rate of mobile and internet penetration, combined with a substantial need for financial inclusion, Africa […]