Month: May 2026
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News
A Banking Award for Co-op, a Fintech Prize for Ziidi Trader, and a Bigger Story Behind Both
Recognition for Co-operative Bank of Kenya and the M-Pesa-powered investment platform Ziidi Trader at this year’s African Banker Awards has…
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News
What a Free Apple Music Tier Could Mean for the Service’s Premium Identity
Questions about a potential Apple Music free tier are gaining attention after references discovered in the service’s Android application hinted…
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News
Leica Sees a Place for Generative AI, Just Not Inside the Cameras It Built Its Name On
Leica is embracing the rapid growth of artificial intelligence on smartphones while preserving a clear distinction between synthetic content creation…
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News
What June’s Biggest New Shows and Movies Say About Where Entertainment Is Headed
June arrives with no shortage of viewing options, but the most interesting part of this month’s lineup may be what…
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News
WWDC 2026 Finds Apple Balancing a Siri Rebuild and a CEO Transition
Apple’s Worldwide Developers Conference has often served as a preview of the software features that will shape its devices over…
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News
Spotify Updates Its App With Playlist Folders and Improved Offline Listening
Spotify’s latest app update is built around a category of features that rarely dominate launch events but often shape how…
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News
Kenya Airways Targets Emergency Funds in Bid to Sustain Recovery Push
Kenya Airways (KQ) is pursuing emergency funding and exploring fresh investment avenues as the national carrier moves to stabilise operations…
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BUSINESS
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of…
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News
Google, Tourism Ministry Partner to Drive AI-powered Tourism Strategy
The Ministry of Tourism and Wildlife, through its Magical Kenya “Origin of Wonder” platform, has announced a strategic AI-driven partnership…
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News
Samsung’s Galaxy A57 Expands AI Search, Editing, and Creator Workflows in the Mid-Range Market
Samsung Galaxy A57 was launched in the country early this month alongside the Galaxy A37 as the new entrants for…
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BUSINESS
Africa’s Retail Forex Market Enters a New Era Amid Regulation and Mobile Trading Boom
Africa’s foreign exchange market is entering a period of major transformation as volatility, tighter regulation, and the rapid rise of…
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News
South Africa Grants inDrive Formal E-Hailing Registration
Ride-hailing platform inDrive has secured formal registration from South Africa’s National Public Transport Regulator (NPTR), clearing a key compliance hurdle…
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News
AFC Turns to Kenya as East Africa’s Financing Model Starts to Change
The Africa Finance Corporation is widening its role in Kenya beyond infrastructure lending as it builds new channels for African…
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News
Governments Are Turning Africa’s Mobile Money Networks Into Tax Infrastructure
The next test for African fintech may not come from competition or funding conditions. It may come from treasury departments.…
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News
Kenya Seeks More Funds as FATF Scrutiny Raises Banking Pressure
Foreign payment checks facing Kenyan firms are becoming harder to ignore. Banks handling international settlements have tightened internal reviews on…
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News
EV Assemblers in Kenya Say New VAT Rules Could Reopen the Cost Problem
Transport operators who had started treating electric fleets as a realistic commercial option are recalculating acquisition costs after proposed tax…
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News
A SpaceX-Tesla Merger Would Tie More of Musk’s Empire Together
Wall Street has spent years trying to decide whether Tesla belongs in the car industry, the software sector, or the…
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News
East Africa’s Mobile Roaming Plans Run Into Tax and Telecom Revenue Realities
Efforts to lower mobile roaming costs across East Africa are moving back into regulatory negotiations as governments and telecom authorities…
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News
Africa’s Data Centres Are Growing Around Finance Demand
Africa’s data centre expansion is increasingly being pulled into the orbit of financial services, with banks, insurers and mobile money…
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News
M-Pesa Tanzania Adds PayPal as Demand for Global Payments Grows
A growing share of East Africa’s digital economy now depends on workers who are paid outside their home markets but…
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News
Google’s AI Recovery Is Taking Shape Through Ads, Android and Existing Reach
Google spent much of the past three years being described as the company that hesitated. That interpretation is becoming harder…
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COLUMNS
Tanzania, The New Frontrunner In The Race For Critical Minerals
The electric vehicles filling our cities and the vast data centres powering the Artificial Intelligence (AI) revolution share one thing…
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News
How Samsung’s Galaxy A37 and A57 Are Rewriting the Rules of Mobile Content
There’s a moment every content creator knows: the light is perfect, the energy is electric, and your phone just isn’t…
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News
Smartcomply Expands UK Footprint Amid Rising Africa Payment Compliance Challenges
Smartcomply is taking its Africa-focused compliance technology to the United Kingdom, targeting the growing compliance burden on institutions processing transactions…
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News
Jitume Digital Programme Boosts Youth Employment in Bungoma County
The Government’s Jitume Digital Enablement Programme is enabling hundreds of young people in Bungoma County to access online jobs, digital…
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BUSINESS
AfDB: Africa’s Economy to Grow 4.2% in 2026 Despite Global Headwinds
The African Development Bank Group (AfDB) has released its African Economic Outlook 2026, projecting continental GDP growth of 4.2% for…
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News
Kenya’s Mobile Loan Strain Is Opening Space for Asset Financing
A growing share of Kenya’s lending industry is moving away from unsecured cash loans and into financing tied to physical…
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News
TRIFIC Bets on Dollar Rental Income as It Prepares NSE Listing
A Nairobi office block occupied by outsourcing and technology firms is being turned into a public investment product as Two…
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News
I&M Bank Opens NSE Trading for MTN After Heavy Investor Demand
Trading has started on I&M Bank’s first listed medium-term note at the Nairobi Securities Exchange, extending a recent pickup in…
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News
Sony’s Last Independent Bravia TVs Are Now on the Market
Sony Group Corp. has introduced a new round of premium Bravia televisions months before its home entertainment division enters a…
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TRENDING
Africa Jobs Fund Targets $100M to Lift Worker Incomes Across Sub-Saharan Africa
A new philanthropic investment fund focused on job creation in Sub-Saharan Africa launched on Tuesday, targeting $100 million in capital…
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Startups
Spiro Acquires UK Engineering Firm Coexlion to Build First African R&D Centre in Nairobi
Spiro has acquired UK-based engineering and design firm Coexlion for an undisclosed sum, with plans to establish its first African…
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News
Paratus, Starlink Power Kenya’s Largest Public Telemedicine Rollout in Murang’a
Murang’a County has launched Kenya’s largest public digital healthcare programme, connecting 170 health facilities through Paratus Kenya’s Essential Access platform…
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News
LINX Kenya Traffic Surges Twenty-Fold
The London Internet Exchange (LINX) has recorded a twenty-fold increase in traffic across its Kenyan infrastructure over the past year.…
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News
I&M’s Q1 Results Reveal a Wider Regional Banking Strategy
I&M Group PLC opened 2026 with stronger earnings, but the sharper story inside its first-quarter numbers sits outside conventional lending.…
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News
My OneApp Now Supports Roaming and Rival Networks as Safaricom Widens Access
Safaricom has widened access to My OneApp by allowing customers to use the platform across rival mobile networks, Wi-Fi connections…
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News
West Africa’s First Hyperscale-Ready Data Centre Opens in Lagos
Kasi Cloud Datacenters has commissioned West Africa’s first hyperscale-ready, AI-capable data centre campus in Lekki, Lagos, marking a significant milestone…
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News
African Organisations Pivot to Unified Security Platforms, Genetec Report
Organisations across Africa are accelerating the shift from fragmented surveillance infrastructure to unified security platforms, according to new data from…
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News
Kaspersky Unveils AI-Powered Upgrades to Cloud Workload Security Platform
Kaspersky has updated its Cloud Workload Security (CWS) platform with new AI-powered capabilities, expanded integrations, and performance enhancements designed to…
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News
Family Bank Reports 52.6% Increase in Quarter 1 2026 Profit
Family Bank Group has recorded a 52.6% jump in first-quarter Profit After Tax to KES 1.6 billion for the period…
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News
DStv’s 2026 Package Changes Show Where Canal+ Is Taking Pay TV
Canal+ is steadily reshaping the commercial structure of DStv across African markets, with recent package changes pointing to a broader…
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News
Kenya’s Internet Providers Are Fighting a Different Battle Now
For years, Kenya’s home internet market expanded through geography. Internet providers raced to wire apartment blocks, reach gated estates, and…
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News
Ferrari’s Electric Future Starts With a Risky Design Bet
Ferrari spent years insisting electrification would arrive on its own terms. The Luce is what those terms now look like.…
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News
Kenya’s Evening Power Cuts Are Exposing the Gaps Behind the Renewable Push
Kenya’s return to electricity rationing is increasingly being driven by a problem deeper than temporary supply fluctuations. The country expanded…
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News
Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure
Kenya’s plan to impose new taxes on digital payment services is triggering concern across the banking and business sectors, with…
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News
ASUS Bets on Offline AI and Long-Term Partnerships as it Deepens Kenya Push
ASUS is expanding its commercial footprint in Kenya with a strategy built around offline artificial intelligence, SME-targeted products, and partnerships…
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News
Five Kenyan Universities Set to Join East Africa’s First EU Academic Corridor
Five of Kenya’s leading universities are expected to sign partnership agreements this week with a Romanian EU-accredited institution, establishing what…
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News
From Blueprint to Build: Inside AfriQloud’s First Sovereign Deployments
The vision was the easy part. The harder question – the one development financiers, regulators, and infrastructure operators inevitably ask…
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News
I&M Bank Drives MSME Digital Inclusion Through Google Hustle Academy Partnership
I&M Bank, in collaboration with Google, is rolling out the Google Hustle Academy programme to its MSME customers. The free,…
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Startups
Battery Rental Startup bPOWERd Launches in Lagos
Solar-powered battery rental startup bPOWERd has launched operations in Lagos, establishing its first seven sites at Mobil service stations operated…
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TRENDING
ALX Reports 347,000 Graduates as African AI Market Heads to $16.5bn
African talent accelerator ALX has trained more than 347,000 people across the continent, with nearly 258,000 graduates having transitioned into…
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News
Equity Group Processes 89.5% of Transactions Through Digital Platforms in Q1 2026
Equity Group processed 89.5% of all customer transactions through digital platforms in the first quarter of 2026, the lender has…
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COLUMNS
Stella Mambo | Kenya’s Digital Billions Are Already Here. Who Will Claim Them?
Kenya has now concluded public consultations on the Draft Virtual Asset Service Providers Regulations, 2026. These rules will operationalise the…
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News
Kenya Power’s EV Charging Revenue Hits KES 382 Million
Kenya Power has recorded cumulative revenue of KES 382 million (approximately US$2.9 million) from electric vehicle charging over the past…
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TRENDING
Visa Introduces Apple Pay in Mauritius
Visa has introduced Apple Pay to its cardholders in Mauritius. The service is currently available to Mauritius Commercial Bank (MCB)…
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News
Truecaller Launches of Travel eSIM Service
Truecaller has announced its entry into the travel eSIM segment through the launch of services aimed at travellers. The initiative…
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News
Mitsumi Invests $2 Million in AI Cloud Platform for Young Kenyan Innovators
Mitsumi, a technology distributor, is investing $2 million in an artificial intelligence (AI) cloud platform aimed at equipping young Kenyan…
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Startups
Glovo Champions AI, Awards Kenyan Startup Barcelona Residency at GITEX Kenya 2026
Glovo wrapped up its participation at GITEX Kenya 2026 by reinforcing its growing role not only as a technology provider…
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BUSINESS
National Bank of Kenya Profit Jump 275% in Quarter 1
National Bank of Kenya (NBK) has reported a profit after tax of KSh1.03 billion for the quarter ended March 31,…
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News
Product Leadership Accelerator Is Redefining African Enterprises for the New Digital Economy
As the world marks World Product Day, a transformative shift is unfolding across Africa’s enterprise ecosystem, with the Product Leadership…
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News
Sorted Raises $4.4M Seed Round to Bring Stablecoin Wallets to Feature Phones Across Africa
Stablecoin wallet startup Sorted has closed a $4.4 million seed round to accelerate its expansion across Sub-Saharan Africa and South…
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BUSINESS
NCBA Group Profit After Tax Rises 9% to KES 6bn
NCBA Group recorded a 9% rise in profit after tax to KES 6 billion for the first quarter ended March…
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BUSINESS
KCB Group Shareholders Approve KShs. 22.5 Billion Dividend Payout
KCB shareholders have approved a total dividend payout of KSh22.5 billion for the Financial Year 2025, highlighting strong returns to…
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News
Most Industrial Leaders Prioritise Digital Ecosystems But Few Share Data, Report Finds
Industrial software company AVEVA and global business school IMD have published the inaugural Industrial Intelligence Report, revealing a significant disconnect…
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News
Google Expands AI Infrastructure as Hassabis Describes Early AGI Phase
Google closed its annual developer conference with a message that extended far beyond consumer software updates. After unveiling new AI…
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News
SpaceX Built a Space Business. Starlink Became the Financial Core
SpaceX’s IPO filing offers the clearest picture yet of how the company now operates financially. The business is increasingly anchored…
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News
Italy Unveils €50 Million Africa Investment Plan at GITEX Kenya
Italy has launched its first national pavilion at GITEX Kenya, bringing six startups and SMEs to the Kenyatta International Convention…
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TRENDING
Nairobi Forum Puts Ethics at the Centre of Africa’s AI Development Agenda
A high-level forum on artificial intelligence ethics brought together technologists, investors, healthcare practitioners, and academics in Nairobi this week to…
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News
I&M Bank Bond Offer Draws KES 23 Billion in Bids
I&M Bank Limited has successfully closed the public offer for the first tranche of its Kenya Shillings-denominated Medium-Term Note (MTN)…
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News
Nothing Brings its Full Smartphone and Audio Range to Kenya
Nothing, the London-founded consumer electronics brand, has launched its full product range in Kenya, marking the company’s first formal entry…
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News
East Africa’s AI Infrastructure Push Takes Centre Stage at GITEX Kenya
Kenya’s first Oracle Cloud Infrastructure region will be hosted in Nairobi, iXAfrica Data Centres confirmed on Wednesday, in the headline…
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News
Checker Raises $8M to Build Stablecoin Liquidity Infrastructure for African Banks and Neobanks
Checker, a global infrastructure network for digital asset markets, has closed an $8 million funding round to accelerate stablecoin-powered financial…
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News
PayPal Brings Its Dollar-Backed Stablecoin to 70 Markets, Including Africa
PayPal has announced the rollout of its dollar-backed stablecoin, PayPal USD (PYUSD), to users across 70 markets worldwide, including markets…
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News
Bolt’s Electric Taxi Rollout in Cape Town Opens a New Front in South Africa’s Ride-Hailing Market
Bolt has started rolling out electric ride-hailing services in Cape Town, opening a new phase in the company’s African expansion…
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News
Pesalink Transfers Get Cheaper as Banks Chase Everyday Usage
Sending money from one bank to another in Kenya is becoming significantly cheaper after a group of lenders agreed to…
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News
MTN CEO Says Africa’s Digital Payments Push Is Starting to Stretch Across Borders
Africa’s long expansion in mobile money services is creating the foundation for a broader digital finance system, according to Ralph…
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News
Kenya Airways Is Bringing AI Into the Way It Prices Flights
Kenya Airways has introduced a new AI-driven pricing platform aimed at improving how the airline adjusts fares across its network,…
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News
Google Expands AI Pro YouTube Bundle to Kenya
Google is widening the role of its paid AI subscriptions beyond chatbot access and cloud storage, adding YouTube Premium Lite…
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News
Android 17 Starts Closing Android’s Cross-Device Gap With Continue On
Google is expanding Android beyond the smartphone with Android 17, introducing a wave of consumer-facing features built around AI assistance,…
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News
DRC Adds Second ACIX Site as Local Internet Routing Push Grows
Internet traffic inside the Democratic Republic of the Congo will now move through multiple exchange locations in Kinshasa after the…
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News
Google’s New Workspace Push Is Really About Conversational Computing
Google used its I/O 2026 developer conference to outline a broader redesign of how people interact with Workspace, moving beyond…
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News
Google’s New Search Wants to Do More Than Point You to Links
Google is restructuring Search around artificial intelligence, replacing the familiar pattern of keyword queries and ranked links with persistent AI…
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News
New AI Skills and Compute Africa Foundation Launches in Kigali to Boost Africa’s AI Ecosystem
The AI Skills and Compute Africa Foundation (AISCA Foundation) has officially launched in Kigali, marking a significant step toward strengthening…
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News
Kenya Airways Deploys AI Platform to Optimize Ticket Pricing
Kenya Airways has adopted Jupiter 5.0, an AI-powered pricing platform developed by FlyNava Technologies, in a move aimed at advancing…
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News
Equity Group Profit Jumps 24% to KSh19.1bn in Q1
Equity Group Holdings posted a 24 percent rise in first-quarter profit after tax to KSh19.1 billion, the Nairobi-listed lender said…
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News
Kaspersky Warns of Rising AI-Powered Cyber Threats at AI Everything Kenya x GITEX
At AI Everything Kenya x GITEX Kenya, taking place from 19–21 May, global cybersecurity firm Kaspersky highlighted the evolving threat…
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Startups
Startups Bring US$5 Server Intelligence and Sign Language Tech to GITEX Nairobi
A Kenyan startup will this week attempt to run production-grade artificial intelligence on a US$5 server, one of several homegrown…
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Featured
How Kenya’s Betting Industry Became a Testing Ground for Africa’s Digital Finance Future
I’ve been following Kenya’s tech landscape for three years now, and betting platforms have become one of the most fascinating…
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Apps
Why Mobile Betting Apps Are Changing How Kenyans Place Wagers in 2026
I’ve been tracking Kenya’s betting scene for 18 months, and the speed of change has caught me off guard. Mobile…
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News
Digital Cab Operators Return to the Roads as Kenya Pauses Transport Strike
Ride-hailing drivers, matatu operators and other transport players resumed operations on Tuesday after industry representatives secured a temporary truce with…
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News
Censys and EVAD to Showcase SOC Modernization Platform in Nairobi
As Kenya prepares to host the first-ever GITEX Kenya 2026 in Nairobi from 19th to 21st May, the conversation is…
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News
AFC Is Putting $100 Million Behind Africa’s Growing Tech Fund Market
A new pool of institutional money is being directed toward African technology investors after Africa Finance Corporation approved a commitment…
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News
Uganda Opens the Door to Starlink as Airtel Starts Direct-to-Cell Trials
Airtel Uganda has started testing Starlink’s direct-to-cell satellite network days after Ugandan regulators granted the satellite operator provisional approval to…
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BUSINESS
Key Economic Events Moving Markets
Financial markets tend not to be random. Usually, there is a reason behind the sudden shift in prices, which might…
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News
MultiChoice Drops Decoder Prices as it Bids for Kenya’s World Cup Audience
MultiChoice Kenya has launched a consumer campaign ahead of the 2026 FIFA World Cup, cutting hardware prices and bundling subscription…
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News
INTERPOL Arrests 201 in MENA Cybercrime Sweep Backed by Kaspersky Intelligence
INTERPOL has concluded a large-scale cybercrime operation across the Middle East and North Africa, resulting in 201 arrests and the…
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