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News
Africa Risks Becoming Raw Data Exporter in AI Economy, BCG warns
Africa risks exporting raw data to feed artificial intelligence (AI) models built abroad, only to buy back the resulting technology…
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New Appointments
Anne Kinuthia-Otieno Lands at Visa After Airtel Money Exit
Anne Kinuthia-Otieno, who recently stepped down as Managing Director of Airtel Money Kenya, has been named Vice President and Head…
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News
Bolt Launches Ride-Hailing Integration Inside ChatGPT
Ride-hailing company Bolt has launched a global integration with ChatGPT, making its service available directly inside the AI chatbot for…
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BUSINESS
KCB Bank Secures $100m Facility to Expand MSME Lending
KCB Bank Kenya has secured a $100 million (KShs12.9 billion) financing facility from the European Bank for Reconstruction and Development…
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News
Nairobi Game Studio Ubuntu Universe Lands EdTech Fellowship Backing for Offline Learning App
Ubuntu Universe Limited, a Nairobi game studio behind the offline-first learning app Soraha, has been selected for the fourth cohort…
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News
Paystack Launches Four-Week Growth Programme for Nigerian SMEs
Paystack has launched Small Business Launchpad, a four-week programme offering active merchants in Nigeria access to business clinics, expert office…
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News
SBM Bank Kenya Profit Surges 171pc on Lower NPLs
SBM Bank Kenya’s profit before tax jumped 171 percent to Sh548 million in the half-year ended June 2026, helped by…
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New Appointments
WayaWaya Appoints Banking Veteran Raj Singh to Board to Drive Expansion
Nairobi-based fintech WayaWaya has appointed veteran banking executive Raj Singh as Non-Executive Director and Adviser to the Board as it…
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News
Africa AI Governance Index Flags Continent-Wide Policy Gap
A new continental benchmark has found that African states are moving faster to write AI strategies than to fund, staff…
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News
Airtel Africa Posts 31pc Revenue Growth to $1,853 Million
Airtel Africa Plc has reported a 31.0% jump in revenue to $1,853 million for the financial year ended 30 June…
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TRENDING
Payments Certainty, Not Technology, Africa’s Biggest Fintech Gap – Verto Exec
Africa’s payments infrastructure is largely in place, but businesses still lack certainty over cost, speed and settlement, according to Mark…
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News
Kenya to Host Africa Technology Leadership Conference in October
Kenya will host the second edition of the Africa Technology Leadership Conference (ATLC) in Nairobi this October, with organisers projecting…
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News
Kenya’s Visa Application Volumes Rise 20pc as VFS Global Warns of Fraud Risk
Visa application volumes processed by VFS Global in Kenya rose 20 percent in the first half of 2026 compared to…
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Startups
Nairobi’s Sustainable Structures Joins FasterCapital’s EquityPilot
Nairobi-based startup Sustainable Structures has joined FasterCapital’s EquityPilot program to refine its industrial design and prepare its modular, fire-resistant kiosks…
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News
Cassava Gets Africa’s First Microsoft Azure ExpressRoute Metro Designation
Cassava Technologies has been designated a Microsoft Azure ExpressRoute Metro peering location in Johannesburg through its business unit, Africa Data…
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News
Safaricom Hook Circle Equips 5,000 Students With Future-Ready Skills
Safaricom, through its youth platform Safaricom Hook Circle, has hosted a two-day skills and career development programme at Kiambu National…
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Gadgets
Samsung Galaxy A27 5G Now Available for Purchase in Kenya for Ksh.41,300
Samsung has announced the availability of the Galaxy A27 5G in Kenya. The Galaxy A27 is a mid-range smartphone released…
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News
Chinese EV Manufacturer Changan Automobile Inaugurates First Showroom in Ethiopia
Chinese EV manufacturer Changan Automobile officially opened its first showroom in Ethiopia, marking a key milestone in the brand’s strategic…
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News
Ghana Revokes Fintech Startup Zeepay’s Licence Over Regulatory Breaches
The Bank of Ghana (BoG) has revoked the Dedicated Electronic Money Issuer (DEMI) licence of Zeepay Ghana Limited with immediate…
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BUSINESS
KCB Group Climbs 23 Places in Global Bank Rankings
KCB Group has climbed 23 places in the Banker’s Top 1,000 World Banks report, moving up to position 549 globally…
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News
VOVE ID Opens Compliance Readiness Programme for African Startups
VOVE ID has launched a compliance readiness programme for African and emerging-market startups, with applications open from July 20 to…
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News
EBRD Extends €270m Financing to Yas for Kenya, Senegal Network Expansion
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €270 million to pan-African…
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News
IBM, Red Hat Launch Lightwell to Tackle Open Source Security Risk
IBM and Red Hat have commercially launched Lightwell, a platform offering automated vulnerability remediation for enterprise open source software, backed…
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News
Nigerian Fintech Gigbanc Winds Down Operations
Nigerian fintech startup Gigbanc has announced it is winding down operations, becoming the latest casualty of the funding downturn affecting…
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News
Rafode Advances Solar Cooling-Box Loan Product for Rural Health Centres in Kenya
Rafode Ltd, a Kenyan social enterprise focused on rural finance, renewable energy and farm inputs, is reporting progress on a…
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News
EMERGE Platform Launches to Close Africa’s Career Development Gap
TheBoardroom Africa has launched EMERGE, a digital career platform for young African professionals, backed by the Mastercard Foundation. The platform,…
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Startups
Flutterwave Secures Strategic Investment From Circle Ventures
Flutterwave, Africa’s leading payments technology company, has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle…
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News
Africa Pushes for Seat at AI Governance Table as Global Commission Takes Shape
Rwanda’s President Paul Kagame will co-chair a new international body tasked with steering the next phase of artificial intelligence development,…
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News
Spotify Signs on as Afronation Portugal 2026 Streaming Partner
Spotify has partnered with Afronation Portugal 2026 as official sponsor and exclusive streaming partner, extending the festival’s reach beyond the…
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News
Google Play Launches Sh129m Indie Games Fund for Africa
Google Play has launched its first Indie Games Fund for Africa, committing Sh129 million ($1 million) to help independent game…
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Startups
FasterCapital Backs DRC Agro-Food Startup
FasterCapital has accepted Agro-Food And Technology, a Matadi-based agro-food company in the Democratic Republic of Congo (DRC), into its EquityPilot…
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Startups
Factorial Raises $150m to Scale AI Workforce Platform
European HR technology firm Factorial has closed a $150 million (Sh19.4 billion) Series D funding round led by General Catalyst,…
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CLOUD
Google Cloud Eyes $90.6bn Boost to SA Economy by 2030
Global technology giant Google says its Johannesburg Cloud Region will add $90.6 billion (Sh1.7 trillion) to South Africa’s economy by…
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News
The TechTrends Podcast | Profitability Becomes the New Currency for African Startups, Says Google’s Alex Okosi
African startups are increasingly being judged on profitability rather than user growth, as the continent’s funding landscape matures beyond its…
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News
CMA Clears Vodafone’s $1.6bn Safaricom Deal
Vodafone Kenya Limited (VKL) has announced that the Capital Markets Authority (CMA) has granted it an exemption from the requirement…
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New Appointments
Ashish Malhotra Exits Airtel Kenya as Djibril Tobe Takes Over as MD
Airtel Kenya has appointed Djibril Tobe as Managing Director of Airtel Kenya, succeeding Ashish Malhotra, who departs after four years…
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News
I&M Bank Appoints Abdi Mohamed as Kenya CEO
I&M Group has appointed Abdi Mohamed as Chief Executive Officer of I&M Bank Kenya, pending regulatory approval from the Central…
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News
Open Startup Launches New Push for African Deep Tech at 10-Year Mark
Open Startup, the pan-African organisation that has spent the past decade supporting entrepreneurs and innovation ecosystems across the continent, has…
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News
Samsung’s Market Value Jumps 453% Amid AI Chip Boom
Samsung Electronics has recorded the steepest year-on-year market capitalisation growth among the world’s largest publicly traded companies, with its valuation…
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News
Safaricom Fixed Internet Share Hits 35.5%, Nears 1M Subscribers
Safaricom has strengthened its leadership in Kenya’s fixed internet market, growing its market share to 35.5 per cent and increasing…
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BUSINESS
CBK, Clearstream Launch Market Link to Open Kenyan Bonds to Global Investors
The Central Bank of Kenya (CBK) and Clearstream have announced the launch of the Clearstream-Kenya Link, a new market infrastructure…
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News
Blockchain Captured 5.3% of Africa’s Venture Funding in 2025
Africa’s blockchain industry is consolidating its position as one of the continent’s most resilient venture categories, according to the fifth…
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News
AWS Selects Nine African Organizations for Social Impact Accelerator
Amazon Web Services has selected nine African organizations to join the fourth cohort of its Social Entrepreneur Accelerator, marking the…
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News
Mobile Money Subscriptions in Kenya Hit 53.4 Million
Kenya’s mobile money sector recorded strong growth in the third quarter of the 2025/26 financial year, with subscriptions rising from…
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Startups
Spiro Secures $55M Additional Backing from Chinese Investor NewTrails Capital
Spiro, one of Africa’s leading electric motorcycle and battery-swapping companies has secured an additional $55 million equity investment from NewTrails…
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News
Football Drives TikTok Engagement in Kenya as Platform Hits 6.5 Million Sports Videos
TikTok has cemented itself as the leading platform for sports entertainment and football culture in Sub-Saharan Africa and beyond, with…
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News
Kenya in Talks with OpenAI to Host East Africa’s First AI Academy
Kenya is in discussions with OpenAI to establish Nairobi as the home of the first OpenAI Academy initiative in Eastern…
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News
15 African AI Startups Graduate from Google for Startups Accelerator, Raise $1.1M Average
Fifteen AI-focused startups from eight African countries have completed the Google for Startups Accelerator Africa programme, with 60% of the…
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News
Kenya, EU Deepen Digital Transformation Partnership
Kenya’s State Department for ICT and the Digital Economy has held a strategic engagement with a delegation from the European…
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News
AURA, Glovo Kenya Partner on Rider Safety
AURA, a life-saving technology platform focused on making emergency response services more accessible and affordable, has announced a new partnership…
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News
Kenya Ranks 6th in Africa’s Digital Rights and Inclusion Index
Kenya has been ranked sixth in the latest report on the state of digital rights and inclusion across the continent.…
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News
Ripple Acquires Stake in Nigerian Fintech Flutterwave Valuing Company at $3.2bn
Flutterwave has secured a strategic investment from Ripple as part of its Series E fundraising round, in a deal that…
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News
Nigeria Rewrites Its Telecom Policy for the First Time Since 2000
Nigeria is rewriting the foundational policy document that shaped its entire telecommunications sector, as the country’s regulator moves to modernise…
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News
Visa Partners with BAKE Awards to Boost Financial Access for Kenya’s Content Creators
Visa has announced a strategic partnership with the Bloggers Association of Kenya (BAKE) for the 10th annual BAKE Awards, positioning…
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News
Egypt’s Blnk Raises $37m to Deepen Point of Sale Credit for Consumers
Egyptian fintech Blnk has closed a combined $37.1 million in funding, comprising a $12.5 million Series A equity round and $24.6…
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News
Kenyan Students Win Historic Grand Prize at Huawei ICT Global Final
Kenyan university students have delivered the country’s best-ever performance at the Huawei ICT Competition 2025-2026 Global Final, held in Shenzhen,…
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News
East Africa Tops Africa’s Growth Charts in 2026, UN Report Shows
East Africa is on course to be the continent’s fastest-growing sub-region in 2026, with GDP projected to expand by 5.8%,…
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News
Ethiopia’s EthioPay-IPS Hits 1 Million Daily Transactions
Ethiopia’s national payment switch, EthSwitch, has recorded a landmark milestone after its EthioPay-IPS platform surpassed one million transactions in a…
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BUSINESS
Bolt Food Enters On-Demand Retail With Quickmart
Bolt Food has moved into on-demand retail in Kenya, announcing a partnership with Quickmart Supermarkets that gives users access to…
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News
Africa Faces $1.3 Trillion Annual Financing Gap, But the Funds Exist, Says AfDB
Africa faces an annual development financing gap exceeding $1.3 trillion needed to meet the United Nations Sustainable Development Goals, the…
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News
The TechTrends Podcast | Samsung Galaxy S26 Series: Evolution or Safe Upgrade?
Samsung’s Galaxy S26 series launched globally in February, going on sale on March 11 and the questions around it have…
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CLOUD
Vertiv Powers OADC’s Parklands Data Centre Expansion in Johannesburg
Vertiv, a global leader in critical digital infrastructure, supported Open Access Data Centres (OADC), a WIOCC Group company, in standardising…
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News
Nigeria Sets Final June 17 Date for Digital TV Transition After 17-Year Delay
Nigeria’s Federal Government has officially fixed June 17, 2026, as the launch date for the country’s long-delayed Digital Switch Over…
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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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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
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
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
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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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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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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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
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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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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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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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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BUSINESS
Kenya Airways Cargo Signs Ground Handling Partnership With FedEx
Kenya Airways (KQ) has signed a partnership with FedEx, becoming the American carrier’s ground handling partner in Kenya. The agreement…
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News
JuiceMe Acquires Ajiraworks in Push to Build Pan-African Employment Infrastructure
Nairobi-based workforce infrastructure company JuiceMe has acquired Ajiraworks, a compliance-focused employment firm with operations in the UK and Kenya, in…
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TRENDING
ICANN Opens Application Window For New Generic Top Level Domains
The Internet Corporation for Assigned Names and Numbers (ICANN) has opened applications for its New gTLD Programme 2026 Round. The…
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News
AI Is Giving Rise to a New Breed of Business, Microsoft Report
Microsoft has released new findings on how AI is reshaping the way organizations operate. The research identifies a new category…
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CYBER SECURITY
Kaspersky Expands Crisis Simulation Platform With AI Fraud and Supply Chain Scenarios
Kaspersky has expanded its Interactive Protection Simulation (KIPS) platform with four new cyberattack scenarios built specifically for IT sector organisations,…
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News
Huawei DigiTruck Reaches Lamu as 140 Graduates Mark Programme’s 43rd County Milestone
More than 140 young people graduated from the Huawei DigiTruck Programme in Lamu County on Monday, 11 May 2026, in…
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News
Bolt Raises Kenya Ride Fares by 6% Amid Rising Fuel Costs
Ride-hailing platform Bolt has increased fares in Kenya by six percent, citing sustained fuel price increases that have raised operating…
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Startups
Kenya Targets North African Startups With Konza Innovation Forum
The Konza Technopolis Development Authority (KoTDA) is hosting a high-level North African innovation forum this week, positioning Kenya as a…
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News
Africa Tech Summit London Picks 13 Ventures for Its 10th Edition Investor Showcase
Africa Tech Summit London has unveiled 13 African and Africa-focused technology ventures selected to pitch at the London Stock Exchange…
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News
Stream Closes $5.2M Seed Extension to Build MENA’s Billing Infrastructure Layer
Stream, a Riyadh-born payments and billing platform, has raised a $5.2 million seed extension less than six months after closing…
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News
Uganda Fintech MAM Telecom Builds Out Payment Infrastructure Stack as It Eyes East African Expansion
Ugandan fintech infrastructure startup MAM Telecom Ltd is advancing a payment and settlement stack aimed at structural inefficiencies in Uganda’s…
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News
Factorial Backs Kenya HR Push With $10M AI Fund in KEPSA Partnership
HR and business management software firm Factorial has partnered with the Kenya Private Sector Alliance (KEPSA) to drive technology adoption…
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News
Safaricom Ethiopia Total Funding Hits $2.65 Billion as PLC Deepens Stake to 54%
Safaricom Telecommunications Ethiopia closed the financial year ended 31 March 2026 with total funding of $2.65 billion, a 17% increase…
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BUSINESS
Safaricom Group Service Revenue Hits KES 414 Billion
Safaricom grew Group service revenue to KES 414 billion in the year ended 31 March 2026, as strong performance in…
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News
Kenya Launches AI for Disability Project to Advance Inclusive Digital Transformation
Kenya has officially launched the AI for Disability Project, a cross-sector initiative aimed at developing and deploying scalable assistive technologies…
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Startups
Shiprazor Raises $2.65 Million to Streamline E-commerce Logistics Across Africa
Cape Town-based logistics technology startup Shiprazor has secured $2.65 million (R44 million) in seed funding to address one of Africa’s…
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News
M-PESA Processes Sh100 Billion Daily as Safaricom Eyes Deeper Public Sector Push
M-PESA, Safaricom’s flagship mobile money service, now processes roughly Sh100 billion, approximately $800 million, every single day, CEO Peter Ndegwa…
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News
WildMango Becomes OpenAI’s First SMB Partner in Africa
Nairobi-based technology company WildMango has announced a strategic partnership with OpenAI, making it one of the American AI giant’s first…
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