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[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is the General Manager of the multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021.
[Column] Patrick Ndegwa: Journey to the centre of the cloud - Why Kenya should store data locally
While the benefits of adopting cloud computing services have been made clear to enterprises, questions still linger regarding the value of local data hosting.
[Rwanda] Electric mobility startup Ampersand achieves major milestone with 1,000 motorcycles
Ampersand, the Kigali-based electric motorcycle startup now has more than 1,000 commercial-use electric motorcycles on the roads in Rwanda and Kenya.
[Kenya] Safaricom partners with the KEWI to deploy Smart Water System
Safaricom is partnering with the Kenya Water Institute (KEWI) to deploy Smart Water System at the institute’s Nairobi and Kitui campuses.
Fintech firm LemFi expands its diaspora remittance services to Kenya
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched its services in Kenya.
[Kenya] Samsung launches e-waste program to mark world environment day
Samsung Electronics East Africa has partnered with home appliances store Housewife’s Paradise to collect e-waste for recycling as part of a joint effort on environmental conservation.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Agtech offers numerous tools and techniques for sustainable crop and livestock management, including the use of climate-resilient seeds, and improved breeding techniques that result in higher yields with reduced land, water, and chemical inputs
[Column] Christopher Sau: Ready to fly - A cloud migration roadmap for Kenyan enterprises
According to the Cloud in Africa 2023 report by World Wide Worx, 84% of Kenyan organisations increased their cloud service spending last year. This is fuelled by an increase in the number of local data centres and available cloud platforms
Award scheme recognizes Kenyan entrepreneurs fighting marine plastics problems
The awards, which showcased the most effective solutions to tackle Mombasa’s marine plastics problem, were the culmination of a six-month initiative funded by USAID and Global Affairs Canada.
[Kenya] Rural ISP Mawingu begins expansion to 25 additional counties
Mawingu, the Rural Internet Service Provider (ISP), has begun its network expansion to 25 additional counties across Kenya three months after the company raised $9 million in Series B funding.
[Kenya] Boost for SMEs as Pesapal Introduces Real-Time Settlement of Payments
Pesapal has introduced real-time settlement for merchants in Kenya, enabling fast transfer of funds into their accounts. Through Pesapal’s e-wallet Openfloat, merchants who use the Pesapal platform can receive funds faster.
Kenya to host newly launched Diageo’s Africa Digital Hub
Global drinks company, Diageo Plc, will host the newly launched Africa Digital Hub in Kenya to accelerate its digital transformation ambition.
Letshego Kenya to launch Letsgo Cash for easy access to funds for emergency purposes
Letshego Kenya launches “Letsgo Cash” in partnership with Creditinfo Kenya to take financial inclusion to a higher level.
Kenya to discard visa fees for Africa traders
President William Ruto has announced plans to remove visa requirements for African nationals travelling to Kenya for business as a first major step to remove barriers to intra-Africa trade.
GoGlobal expands presence in Africa with local offices in 18 countries
GoGlobal, a leading Employer of Record (EOR) is expanding its global footprint with the launch of on-the-ground offices in 18 African countries.
Nigeria's Regtech startup Youverify launches its full cycle compliance solutions in Kenya
Youverify, the regtech company building full-cycle global compliance products for businesses has officially entered the Kenyan market.
[Kenya] USIU-Africa students win the 2023 Microsoft Imagine Cup World Championship
A team of four students from the United States International University-Africa, and winners in the education category of the 2023 Imagine Cup world finals qualifying round have won the World Championship.
[Column] Mukesh Bector: A Simple Place to Start if You’re Lagging on Digital Transformation
Digital transformation: we’ve all heard the phrase a thousand times. It’s a buzz word that’s been around for a couple of decades. Yet it can mean different things depending on the organisation that needs to change.
[Kenya] Pathways partners with Konza to foster high-tech training
Tech firm Pathways Technologies has partnered with Konza Technopolis Development Authority (KoTDA) to train and equip the youth with cutting-edge skills in Data Analytics, AI, Machine Learning, and Data science.
[SAP on Google Cloud] An Intelligent Enterprise enabled by Incentro Africa with SAP and Google Cloud
At Incentro Africa's SAP on Cloud Storefront, we possess end-to-end capabilities and industry-specific insight to assist you in realizing the full transformative potential of the cloud.
Zydii a Kenya-based digital training solutions provider got new funds
DOB Equity, Kua Ventures, Kaleo Ventures and NaiBAN have invested in a pre-seed funding round in Zydii, a Kenya-based digital training solutions provider.
[Column] Patrick Ndegwa: Expanded connectivity - How Kenya’s manufacturing sector could reap major benefits
With the right tools, enterprises can collect, analyse, and act on the data generated by IoT devices, thereby improving decision-making and business outcomes.
[Kenya] Zoho officially opens its new office and training center in Nairobi
Zoho Corporation, the Indian technology company building enterprise management solutions has officially opened its new office in Nairobi.
Africa Oil announces the decision to withdraw from its Kenya Project
Africa Oil Corp. announces that it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T and 10BA in Kenya.
Research PLUS Africa launches new collaborative platform for African researchers
Research PLUS Africa has unveiled a collaborative platform aimed at empowering African researchers and revolutionizing the research landscape on the continent.
Kenya Association of Manufacturers hosts trade and investment mission in DR Congo
Manufacturers from Kenya have called for export-led manufacturing growth to increase the sector’s contribution to the GDP from the current 7.8% to 20% by 2030.
Growth and stability are key priorities for small businesses in Kenya, study
Financial Sector Deepening (FSD) Kenya and the Financial Access Initiative (FAI) research center of New York University, today presented the results of the Kenya Small Firm Diaries (SFD) study in Nairobi.
Fintech firm dLocal receives regulatory licenses to operate in Kenya and Rwanda
dLocal, the fintech firm has announced that the Central Bank of Kenya and the National Bank of Rwanda have granted it their respective payment service licenses.
[Kenya] Bolt launches driver engagement centre
Bolt, the on-demand mobility platform in Africa, has launched a driver engagement centre in efforts to enhance its driver relations and address drivers expectations in terms of handling their concerns.
[Column| Patrick Ndegwa: Empowering developing countries through ICT
As we celebrated World Telecommunication and Information Society Day on 17 May, a spotlight falls on the impact of ICT technologies and Internet connectivity.
[Kenya] Digital payments firm DPO Pay announces new leadership appointments
African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations. The firm has also named Daisy Shipwoni as Head of Marketing.
Climate tech startup Amini raises $2 million to solve environmental data scarcity for Africa
Within the first six months of operation, the company has developed a robust data aggregation and analytics platform capable of collecting, unifying, and processing satellite data, weather data, and other types of data down to a square meter.
STIHL EA sets eyes on localizing its product development with $100 million investment
Power tools manufacturer STIHL East Africa has announced it will invest Sh100 million in local accessories manufacturing every year as it seeks to localise its product development in the region.
The East African Competition Authority and the Competition Authority of Kenya sign bilateral agreement
The MoU lays out modalities through which the agencies will mitigate competition infringements with cross-border effects, as well as foster transparency and predictability with regard to multijurisdictional merger notifications in order to reduce transaction costs for businesses.
Kenyan startup ElevateHR Africa raises funding to scale people management software
Cloud-based HR management platform ElevateHR Africa has appointed Kennedy Nybwala as the new Chief Executive Officer following its recent early stage funding by From Here Ventures.
Liquid Dataport launches the first terrestrial data superhighway connecting Mombasa to Johannesburg
This new route, including a breakthrough and unique fibre link across DRC between Goma and Kananga, provides multiple landlocked countries with extra redundancy, resilience, connectivity to numerous data centres and cloud resources, and, most significantly, an alternative option in the event of a subsea cable outage between Kenya and South Africa.
Spyware attacks in South Africa, Kenya and Nigeria increased steadily in Q1 2023, Kaspersky
Cybersecurity firm Kaspersky recorded an increase of 18,8% in South Africa, 12,9% in Kenya, and 14,6% in Nigeria from Q4 2022 to Q1 2023.
M-KOPA raises $250m to scale its consumer fintech across Africa
M-KOPA has successfully closed over $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa.
[Kenya] Mobility startup delivers 5 new electric buses to Metro Trans
BasiGo, the Kenyan e-mobility startup providing public transport bus owners with a cost-effective electric alternative has announced the delivery of 5️ new electric buses to MetroTrans Limited.
Kenya and IFAD agree to accelerate agriculture and adapt to climate crisis
Kenya is one of the countries most affected by the climate crisis. One of the worst ever droughts in over 40 years has caused crop failure and numerous livestock deaths.
[Kenya] KETRACO powers procurement prowess with SAP Business Network
When one of Kenya’s leading state corporations, Kenya Electricity Transmission Company Limited, needed to enhance its procurement capabilities to meet its regulatory commitments, it adopted SAP to leverage the power and scale of the largest procurement network in the world.
Naivas Data Breach: A wake-up call for businesses to prioritise customer data protection
Today, we gather to discuss a matter of great importance: the protection of our customers’ data. It is essential that we safeguard this information to maintain the trust and loyalty of those we serve.
Nigerian fintech Startup Grey launches in Kenya
This follows $2 million seed funding it raised to expand in the East African Market as it seeks opportunities in Uganda and Rwanda in the near future. The firm’s platform is live in Tanzania and Kenya with over 300, 000 users.
Safaricom profits decline to Ksh.52.48 billion
Kenya’s leading telco Safaricom profits stood at Ksh.52.48 billion in the full year ended March 2023, down from Ksh.67.49 billion recorded in the previous period.
[Column] Patrick Ndegwa: Kenya’s startup ecosystem is set for growth in 2023 and beyond
As we look to the remainder of 2023 and beyond, several factors suggest that the country's startup ecosystem is set for continued growth and success.
Three African women fund managers receive grant funding from Visa
Three women fund managers SME.NG (Nigeria), Altree Capital (Kenya), and Maia Capital (South Africa) are the selected recipients of Visa’s grant funding from the African Women Impact Fund Initiative (AWIF).
SC Ventures launches Tawi to improve financial access for smallholder farmers in Kenya
Tawi aims to provide farmers with a viable and consistent market, price transparency and efficient supply chain management.
African Development Bank debars Goldsun Investments Company Limited for 24 months for Fraudulent Practices
The African Development Bank Group announces a 24-month debarment of Goldsun Investments Company Ltd., a liability company registered in the Republic of Kenya.
IFC invests in Avenue Group Limited to expand healthcare services in Kenya
IFC has announced an investment in Kenyan healthcare provider Avenue Group Limited that will support the company's strategy to grow its healthcare offering and boost its patient reach by 20 percent across the country over the next five years.
APA links with innovators to create low cost insurance products
Overall, Kenya’s three percent insurance penetration is the third lowest in Sub-Saharan Africa with South Africa leading at 17 percent.
Applications the annual $100k GoGettaz Agripreneur Prize Competition open
Youth-led African agrifood businesses are back in the spotlight as Generation Africa rolls out the 2023 edition of the Gogettaz Agripreneur Prize Competition.
Twiga Foods Founder Peter Njonjo’s firm acquires Maisha Microfinance Bank
A firm associated with Twiga Foods founder Peter Njonjo has acquired a controlling stake in the Maisha Microfinance Bank (Maisha MFB) after receiving regulatory approval from the Central Bank of Kenya (CBK).
Swiss Firm partners with APA Insurance to build low cost health products for local communities
Swiss Capacity Building Facility (SCBF) and APA Insurance have partnered with a consortium of local insurance innovators to provide affordable primary healthcare insurance solutions to under-served Kenyans.
[Kenya] Safaricom and Elgeyo Marakwet County sign deal to digitize county services
This is part of a Safaricom led technology initiative to enable all 47counties to digitise their services and operations through a single, citizen access channel.
Ecobank Kenya launches new digital banking platform targeting Africa's youth
Ecobank Kenya has launched the Fingo Africa digital banking app targeting young people in Kenya and across Africa. The app was developed in collaboration between Fingo Africa, a Kenyan Fintech company, and Ecobank.
YALI and Microsoft ADC partner to improve youth digital skills
The Microsoft Africa Development Centre (ADC) and the Young African Leaders Initiative Regional Leadership Centre East Africa (YALI) have signed an MoU to provide digital skills programs to young leaders in the region.
[Column] Pankaj Bedi: High production costs hurting Kenya’s apparel exports
A Cabinet communique dated 6th December 2022 highlighted government’s plan to drive Kenya’s export-led growth.
[Kenya] Safaricom and KCB extend Fuliza overdraft facility to business owners on Lipa Na M-PESA
Safaricom together with KCB Bank has today unveiled Fuliza ya Biashara, a service that enables business owners on Lipa Na M-PESA to complete payments even with insufficient funds in their till.
Afreximbank launches US$3 billion Country Programme with the Government of Kenya
African Export-Import Bank in Nairobi signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was witnessed by President William Ruto at State House Nairobi.
Kenyans reported increased cases of vishing attempts in 2022, report
Vishing has become more prevalent than ‘smishing’ – where fraudulent text messages attempt to trick people into revealing data – with 41% of targeted Kenyans having experienced this type of attempt.
[Kenya] Central Bank rolls out a QR code standard for facilitating digital payments
CBK says the Standard will guide how Payment Service Providers and banks (institutions) that are regulated by the CBK will issue QR Codes to consumers and businesses that accept digital payments.
[Kenya] Huawei targets Cloud Storage and AI systems with new cyber security service
Huawei Technologies has launched its latest cyber security service targeting the Kenyan private and public sectors deepening the use of cloud storage solutions and artificial intelligence systems amid escalating cyberattacks.
[Kenya] Safaricom and HELB to disburse loans via M-PESA
Safaricom and the Higher Education Loans Board (HELB) have today announced a partnership launching the HELB Mobile Wallet and HELB M-PESA Mini App. T
[Kenya] I&M Bank collaborates with WEEE Centre for responsible e-waste disposal
I&M Bank Limited has partnered with Africa’s largest electronic waste management company, Waste Electrical and Electronic Equipment (WEEE) Centre to promote responsible e-waste disposal and recycling.
BudPay launches a fintech hackathon in Nairobi
BudPay, the payment infrastructure company offering payment services to businesses in emerging markets has announced plans to host a fintech hackathon in Nairobi.
[Kenya] Safaricom increases 5G coverage to 21 counties
Safaricom has increased its 5G coverage to 28 towns across 21 counties, empowering its customers in 5G areas to enjoy superfast internet connectivity on the move, and for their homes and businesses.
Avenue Group Limited received the fund to expand healthcare services in Kenya
IFC announced an investment in Kenyan healthcare provider Avenue Group Limited that will support the company's strategy to grow its healthcare offering and boost its patient reach by 20 percent across the country over the next five years.
[Kenya] KCB, NBK in life insurance distribution deal with Sanlam
Through KCB Bancassurance Intermediary Limited (KBIL) and National Bank Bancassurance Intermediary Limited (NBIL)—their respective bancassurance franchises—customers will be able to access a full range of financial and investment products within the banks’ combined 300 branches.
[Kenya] Court orders Meta to cut ties with content moderation firms
The case brought against Facebook’s parent company, Meta, has taken a new twist after the High Court in Kenya ordered the company not to engage any third-party content moderators.
[Kenya] Government sets aside KSh. 5 billion for last mile fibre connectivity to 19 counties
The Communications Authority of Kenya (CA) and the ICT Authority (ICTA) have signed an agreement to expand last mile fibre optic cable connectivity across 19 unserved and underserved Counties.
Mobile commerce firm Copia suspends its operations in Uganda
The Kenyan-based mobile commerce platform also says that it’s pausing its Africa expansion plans due to what it terms as economic downturn and constrained capital markets.
[Column] Anthony Mwangi: Why accelerating circular economy is a no brainer for Kenya
The concept of a circular economy is increasingly being recognized globally as crucial for achieving global sustainability goals.
HRLeverage expands into seven African countries
HRLeverage, a provider of outsourcing and Professional Employer Organization (PEO) solutions, has announced its expansion into Kenya and seven other African countries, including Uganda, Rwanda, Tanzania, Senegal, Nigeria and Zambia.
[Kenya] I&M Foundation, Moringa School partner to build young tech talent
I&M Foundation has signed a KES 6.25M grant to enable over two dozen students living in informal settlements in Nairobi to learn software development.
Kenya lost Ksh 3.6 billion to cyber criminals in 2022, report
Kenya’s losses to cyber criminals reached Ksh 3.6 billion (USD 36 million) in 2022, compared to Nigeria and South Africa where they are nearly tenfold at Ksh 50 billion (USD 500 million) and Ksh 57 billion (USD 570 million) respectively.
Kenya receives $390m grant from World Bank to accelerate digital economy
This is the first phase of financing meant to facilitate the expansion of high-speed internet, improve the quality of education and selected government services, and build skills for the regional digital economy.
Elgon Kenya MD Dr. Bimal Kantaria appointed to the global advisory council of CWEIC
The Commonwealth Enterprise and Investment Council, CWEIC, has selected agro input company Elgon Kenya as its strategic partner and appointed its Managing Director Dr. Bimal Kantaria to its global advisory council.
[Kenya] Mozilla awards Ksh.1 million to six tech startups
Seven startups from Uasin Gishu county have received Ksh. 1 million each from Mozilla and the Gladys Boss Foundation to improve their products and push them to the next level.
[Kenya] Two firms fined Ksh.5 million for abusing customers personal data
The Office of the Data Protection Commissioner (ODPC) in Kenya has issued a penalty notice against two companies, digital credit provider, Whitepath Company and city co-working space provider Regus.
[Kenya] E-commerce leader Jumia appoints new CEO
Jumia on Wednesday announced the appointment of Charles Ballard as the new CEO of Jumia Kenya, effective from March.
[Kenya] World Bank provides $390m to boost the digital economy
The World Bank Group has approved $390m in financing for the first phase of a program that aims to expand access to high-speed internet, improve the quality and delivery of education and selected government services, and build skills for the regional digital economy.
[Kenya] Huawei calls for expansion of mobile spectrum as 5G demand gallops
Speaking at the Connected Kenya Summit, Adam Lane, Huawei Kenya Deputy CEO, Government Affairs said that most telecommunication operators currently lack sufficient spectrum resources to launch full 5G services.
Kenya to launch first satellite next week
The Kenya Space Agency (KSA) has announced that the country will launch its first operational satellite next week in a landmark achievement for the country’s space program.
[Kenya] Huawei eyes health sector amid county digitalization
Huawei Technologies has singled out the local health sector for its Digital Hospital, a new raft of systems designed to support the county digitalization programs.
[Vacancies] Africa Business Communities wants to work with Freelance Sales Managers, PR Managers and Marketing Managers in Nairobi, Kenya
[Vacancies] Africa Business Communities wants to work with Freelance Sales Managers, PR Managers and Marketing Managers in Nairobi, Kenya
Eleven Kenyan researchers selected for fellowship to enhance agri-food policies
Drawn from diverse organizations including the private sector, non-governmental organizations, and government agencies, the 49 AWARD Policy Fellows hail from six African anglophone countries (Ghana, Kenya, Malawi, Nigeria, Uganda, and Zambia).
[Kenya] Huawei roots for Cloud and Solar Technology to scale up forest conservation
Huawei Technologies has announced plans to scale up the use of cloud and solar technology to deepen environmental conservation in Kenya.
Kenyan Creators Shine in TikTok's Inaugural Africa Creator Hub Programme
A select group of talented content creators from Kenya have just made history as the first graduates of TikTok's Africa Creator Hub developed in partnership with Wowzi,
[Kenya] Cisco and ICT Authority partner to train ICT professionals
Networking giant Cisco has announced plans to train ICT professionals in the country through a new partnership with the ICT Authority.
[Kenya] 10,000 university students to benefit from AWS cloud training
The Kenyan government through the ICT Authority has announced a partnership with Amazon that will see 10,000 university students receive training on cloud using AWS Academy.
Kenya and Rwanda sign agreement on 10 areas of cooperation
Kenya and Rwanda Tuesday signed an agreement in 10 areas of cooperation to enhance relations. The Memorandum of Understanding will establish mechanisms for effective cooperation in Education, ICT, Gender and Child Development, Youth and Capacity Development for the Public Service.
Kenya, Congo and Chad Accede to Afreximbank’s FEDA Establishment Agreement
The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank).
Digital payments network MFS Africa partners with Access Bank to enable outward remittances from Kenya and Nigeria
Digital payments network MFS Africa has partnered with Access Bank, Nigeria’s largest bank which operates across 17 markets, to expand AccessAfrica remittance corridors.
FSD Inject Sh268bn in affordable housing and energy project
FSD has injected £1.9 billion (Sh268 billion) of long-term capital to SMEs, in the last 10 years towards affordable housing and sustainable energy projects.
Finverity raises $5 million to expand Supply Chain Finance Technology
Finverity raises $5m equity funding as revenues grow 15x to meet the demand for its solutions, and finish opening its offices in Dubai, Poland and Kenya.
EU Extends Ksh 50 billion to Kenya for Electrification of BRT
To boost the BRT dream, Kenya has received hed a Ksh50 billion ($378 million) financing from the European Union.
Kenya and Nigeria embrace Free Trade deal to boost economic development
The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits making it a potential game changer for Africa’s economic development.
Kenya to partner with Univercells to set up Biotechnology Center
The Head of State said the partnership once finalised will also include skills transfer to boost the country’s human capital in the pharmaceutical industry.
[Kenya] Google removes hundreds of loan apps from Play Store
Google has removed hundreds of Kenyan-focused loan apps from Play Store, in compliance with the new digital lenders policy which requires apps to be duly licensed by the Central Bank of Kenya (CBK).
Syngenta Group launches “Shoots by Syngenta™” for innovative agriculture
Syngenta Group launches new agricultural innovation collaboration and accelerator platform to address critical scientific and technological challenges.
COLUMNS.
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[Column] Sinenhlanhla Zulu: Gender-smart infrastructure must be delivered at scale
Africa’s development finance community has set its sights on plugging the annual infrastructure investment gap ...read full column here
[Column] Pankaj Bedi: High production costs hurting Kenya’s apparel exports
The textiles and apparel sector is the third largest exporter in Kenya after horticulture and tea ...read full column here
[Column] NJ Ayuk: The outlook for African oil in 2023 is promising
Russian energy supplies to Europe continue to decline in the wake of the Ukraine war, Africa is poised to increase its oil and natural gas exports to the continent ...read full column here
INTERVIEWS.
[Interview] Anne-Marie Chidzero, Chief Investment Officer at FSD Africa Investments
Anne-Marie Chidzero, chief investment officer at FSD Africa Investments, talks about the risks and opportunities in backing Africa’s early-stage startups … read full interview here
[Interview] Awe Oludayo, Managing Partner, OS Concepts, Nigeria
Awe Oludayo is a business analyst with specialties in business process improvement, business process improvement and business process management … read full interview here
[Interview] Dr. Allan Pamba, Executive Vice President, Africa, Roche Diagnostics
Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives … read full interview here
B2B Events
INC. Networking Event | Johannesburg South Africa | 13 June 2023
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The Africa Trade Expo (TATE) | Virtual Conference and Trade Show | 9 March 2022 - 9 March 2023
The Africa Trade Expo (TATE) presents direct access to African buyers whose main aim is to source the latest products, establish partnerships, and conclude import/export deals ... read full details here
Future Foods | African Food & Beverage Industries Virtual Conference & Trade Show | 9 March 2022 - 9 March 2023
Future Foods is a virtual meeting place for importers, F&B managers, retail category buyers, owner-operators, agents, and distributors from across Africa’s diverse and booming ... read full details here