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News
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
Kenyan health-tech platform M-TIBA has partnered with Sweden’s online doctors’ platform BYON8 to expand access to telehealth services for its…
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News
Autochek has launched a vehicle financing subsidiary for customers across Africa
Autochek, the automotive technology company that is simplifying car ownership across Africa, has announced the launch of Autochek Financial Services.…
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News
Fintech startup Hisa unveils real-time online stocks trading platform
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones…
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News
Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital,…
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News
Increased taxation on SIM Cards and phones eat into Safaricom’s half-year profits
In the Finance Act 2022, the government of Kenya imposed a 10% excise duty on the importation of cellular phones…
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Startups
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…
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News
Pan-African solar company Solarise Africa raises $33.4M
Solarise Africa, a pan-African Energy-as-a-Service company that provides reliable and affordable energy solutions across Africa has raised $33.4M to expand…
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News
Digital Lending App Zenka Has Written Off Sh166 Million Defaulted Loans
Just a week after the Central Bank of Kenya(CBK) directed digital lenders to work with loan defaulters in helping them…
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News
TECNO 2023 phones to feature great AI and photography capabilities
The demand for premium smartphones has increased consistently over the last couple of years, courtesy of technological breakthroughs in various…
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News
KRA seeks to tax those who trade cryptocurrencies in a new Bill
The Kenya Revenue Authority (KRA) is seeking to introduce taxation on cryptocurrencies and digital wallets. Through the Capital Markets (Amendment)…
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News
Liquid launches cyber security centre to help fight cyber crime in the country
Liquid Intelligent Technologies has launched a Cyber Security Fusion Centre (CSFC) in an effort to respond better to cyber threats.…
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News
Safaricom Bonga Points will now have an expiry date from January 2023
Starting January 1st, 2023, Safaricom’s loyalty program popularly known as Bonga Points will be expiring if not used up, in…
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News
Modus Africa sets aside $75M to support African AI and blockchain startups
African AI and blockchain startups are set to benefit from Modus Africa fund, an African –focused venture capital firm under…
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News
Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
Kenyan health-tech startup MYDAWA famous for its e-pharmacy platform has launched the first Kenyan online solution for HIV prevention. The…
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News
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
Stable Foods, a Kenyan agri-tech startup offering a host of solutions to small-scale farmers has raised $600k in funding. The…
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News
Google directs digital loan apps to obtain CBK license before appearing on Play Store
The new regulations by the Central Bank of Kenya (CBK) requiring proper registration of all digital loan apps has gotten…
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News
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…
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News
Social media platforms failed to stop misinformation in Kenya’s elections
A study by Mozilla Foundation has revealed that social media platforms Facebook, TikTok and Twitter performed poorly in their efforts…
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News
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
The International Finance Corporation (IFC) has launched a $225 million venture capital subsidiary to invest in early-stage startups across Africa,…
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News
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
BasiGo, the Kenyan-based electric manufacturer working to bring EVs for public transportation has raised $6.6 million (Sh804.5 million ), in…
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Ghana and Nairobi Stock Markets Linked Through New Technology Platform
Technology company SecondSTAX, has successfully linked the Ghanaian and Kenyan stock markets, allowing corporations to trade on both entities with…
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News
Safaricom plans to introduce mobile numbers for juniors, allow them save on M-Pesa
Safaricom has been contemplating the idea of mobile numbers for juniors for a while, and the idea is seemingly taking…
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News
CBK kick-starts process to remove 4.2 million digital borrowers from CRB
The Central Bank of Kenya (CBK) has directed financial institutions to work with more than four million Kenyans who have…
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News
YouTube Music and Premium services hits 80 million subscribers
YouTube Music and Premium launched their subscription-based service in 2018, after several false starts. The platform has risen to rank…
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News
New Mobile Termination Rates affected Safaricom’s half-year results
In August this year, the Communication Authority (CA) introduced new Fixed and Mobile Termination Rates (FTR and MTR). These are…
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News
Sky.Garden will not fold up, it has found a new buyer
In September, news of the impending extinction of popular e-commerce website Sky.Garden caught the tech industry by surprise. When we…
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News
Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
UAE-based logistics services provider X-ERA has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. SPEED connects suppliers…
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News
Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
Kenyan GrowAgric and Aquarech are among nine startups from across the continent that have been selected for the Katapult Africa…
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News
Airtel Africa and OneWeb to provide satellite internet connectivity across Africa
OneWeb, a London-headquartered communications solutions company has partnered with Airtel Africa to provide satellite internet connectivity across the continent. The…
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News
Binance Backs out of deal to acquire rival crypto trading firm FTX
Binance, the world’s largest cryptocurrency trading platform has backtracked on a previous deal to buy out its struggling competitor FTX.…
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News
Meta laying off more than 11,000 employees
On Wednesday this week, Meta CEO Mark Zuckerberg announced that the company is laying off 13% of its staff. This…
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News
Hackers stole $11 million from 12 African countries over a period of five years
Banks, financial services providers, and telecommunication companies from 12 African countries lost $11 million to hacking attacks between 2018 and…
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News
Twitter has fired its employees in Africa with no severance pay
Twitter Africa: Since Twitter’s takeover by billionaire investor Elon Musk, the most consistent news we’ve heard is quirky lays offs,…
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News
Kenyans can now enjoy PayPal withdrawals on Equity Mobile App
Equity customers who use PayPal to send and receive money now have an alternative means of making transactions. The bank…
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News
Epson is injecting KES 83 billion to support environmental sustainability
Japanese printing and information technology company Epson has set aside KES 83 billion to support environmental sustainability efforts over the…
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News
Amazon Web Services to train Kenyan youths on cloud computing
Amazon Web Services(AWS) has been doing quite some work since entering the Kenyan market in 2020. Within this period the…
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News
Algeria’s Yassir has raised $150 million in series B funding
Yassir, an Algerian supper platform that offers ride-hailing, food and grocery delivery as well as financial services on a single…
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News
Fintech firm MFS Africa granted payments licenses to operate in Uganda
Financial services provider MFS Africa has been granted licenses to operate in Uganda as a PSP (Payment Service Provider), PSO…
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News
TikTok is teasing a new music platform to rival Spotify and Apple Music
TikTok allured users with its short-video format and has fought for its place among the top-tier platforms. Its biggest anchorage…
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News
Samsung tops global TV market for 16 years in a row
Samsung is still the world’s leading TV brand, according to global research firm Omdia. This is the 16th consecutive year…
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Startups
Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings
Payhippo, a fintech that offers credit facilities to SMEs in Nigeria has acquired Maritime Microfinance Bank (MFB). MFB is a…
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News
WhatsApp launches Communities, a new way to manage groups with similar interests
The world’s most popular messaging platform WhatsApp has introduced a new feature, structured for better management of groups that have…
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Gadgets
Apple reseller Salute iWorld launches the iPhone 14 Series in Kenya
You can now buy the iPhone 14 series in Kenya. The series which comprises the iPhone 14, 14 Plus, 14…
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News
Mara launches crypto wallet for sub-Saharan Africa
Mara Group, the pan-African technology firm building phones and applications for various use cases in the continent has launched Mara…
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News
Software firm Odoo has chosen Nairobi as its African headquarters
Odoo, a Belgium company that builds business solutions for eCommerce, accounting and inventory has been slowly making its presence felt…
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News
There is rise in 5G uptake across Africa but 3G remains dominant, GSMA report
The Mobile Economy Sub-Saharan African report by GSMA has brought to the limelight interesting pointers on the state of mobile…
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News
Kenya, Nigeria and SA lead fintech growth in Africa, Mastercard report
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant…
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News
Google’s revenue hit $69 billion Q3 2022, but profits are still shrinking
Google released its Q3 earnings last week and reported its earnings at $69 billion. Out of this, profits were estimated…
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News
Amazon Web Services has set up its second-largest African office in Lagos, Nigeria
Amazon Web Services (AWS) has selected Lagos, Nigeria as the base for its second-largest office in Africa. The cloud service…
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News
Only 4 digital cab-hailing firms licensed to operate in the country, NTSA
Transport industry regulator National Transport and Safety Authority (NTSA) has published a list of digital cab-hailing firms allowed to operate…
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News
Vodacom Tanzania has expanded M-Pesa to 8 SADC Countries
Tanzania’s leading telecommunications company Vodacom has announced the expansion of its International Money Transfer (IMT) services to eight new countries…
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News
Meta launches text-to-video service that uses AI to generate short video clips
You might soon be able to create video content by simply dictating into an app the kind of images you…
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News
This platform aims to help African writers gain audience and build an online community
The appetite for high-quality writing is at an all-time high as the internet creates more opportunities where writers can get…
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News
South Africa’s telecom MTN to host Africa’s first metaverse music concert
The concept of the metaverse is still alien to the whole world and only a handful of people seem to…
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News
Relief for Uber drivers in Kenya as service charges drop from 25% to 18%
On Thursday last week, drivers working via cab-hailing apps Uber, Bolt and Little Cab in Nairobi downed their tools, in…
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News
Elon Musk Finally Closes Twitter Deal, Immediately fires CEO Parag Agrawal
Elon Musk knows how to keep the world haggling, doubting and guessing his moves. No one is ever so sure…
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News
iPhones will finally come with USB-C charging ports
Apple has finally bowed to pressure and is likely to build the next generation of iPhones with USB-C ports. The…
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News
Xiaomi plunges into the gaming market with a 75″ inch Redmi XT Gaming TV
Chinese manufacturer Xiaomi continues to raise the bar by launching products that directly go into competition with more established brands.…
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News
Zoho says it has recorded 96% growth in Kenya in the past year
Zoho Corporation, the Indian technology company that creates integrated software for businesses has highlighted major milestones since launching into the…
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News
Safaricom launches Daima for customers who want to keep their dormant lines active
Safaricom has introduced Daima, a service that will enable customers to keep their dormant lines in service even when they…
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News
Twitter is struggling to keep its most active users, internal study reveals
An internal Twitter research has revealed that the social media platform is struggling to keep its most active users engaged,…
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News
Google fined $113 million for violating competition rules in India
The Competition Commission of India (CCI) has imposed a $113 million fine on American tech giant Google, for what it…
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News
Google will stop support for Chrome on Windows 7 in Feb, 2023
Google has announced that it will end support for its Chrome browser for Windows 7 and 8.1 on February 7,…
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News
Huawei to invest Ksh.30 billion for digital transformation in Africa
Chinese technology giant Huawei has announced a commitment to invest approximately KES.30 billion in various initiatives that will advance industrial…
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News
Binance Charity is offering 1000 scholarships for technology skills training to African youths
Binance Charity, the philanthropic arm of cryptocurrency and blockchain firm Binance is offering scholarships for 1,000 Africans in a 1-year…
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News
StanChart’s Solv Kenya Launches Credit Platform for Kenyan MSMEs
Solv Kenya, a B2B platform owned by Standard Chartered bank has officially launched in Kenya, aiming to make an impact…
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News
Flutterwave Appoints Former JP Morgan Chase Executive as Senior Advisor
Nigerian money transfer company Flutterwave has appointed Marshall Lux as a senior advisor. Marshall is a former Chief Risk Officer…
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News
Uber launches advertising division targeting its 122 Million monthly users
Ride-hailing company Uber has announced the creation of an in-house advertising division that will be responsible for placing ads on…
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Startups
AI Content Creation Tool Jasper Has Raised $125M in a Series-A funding
Jasper, a fast-growing AI creation tool based in Austin, Texas has raised $125 million in series-A funding round, making it…
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Startups
President Buhari signs Nigeria Startup Bill into law
As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…
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News
Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
Alibaba Global Initiatives (AGI), a professional training arm under Chinese tech giant Alibaba, has enrolled the second class of more…
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News
Electric Vehicle Manufacturer Roam has launched its first mass transit bus in Nairobi
Kenyan-Swedish electric vehicle manufacturer Roam has launched the first mass transit electric bus to ply various routes in Nairobi. The…
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News
Netflix says it added more than 2.4 million subscribers in Q3 2022
Netflix has reported an encouraging rise in the number of subscribers after suffering devastating drops in the first months of…
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News
Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
Nigerian data firm Stears has raised $3.3 million in a seed round in which Serena William’s VC firm Serena Ventures…
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News
Twiga Foods Taps Google Cloud to Improve Food Security and Reduce Waste Production in Kenya
Twiga Foods has partnered with Google to leverage Google Cloud technologies in increasing accessibility and easier distribution of farm produce.…
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News
Safaricom and Faiba lead with fastest internet speeds in the country, report
A report by Ookla, a research firm that tracks internet speeds across the world has revealed that Safaricom and Faiba…
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News
Huawei and Communication Authority Conduct a Cyber Security Boot Camp
The Communications Authority (CA) has partnered with Chinese technology firm Huawei to train young people in institutions of higher learning…
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News
Microsoft Office rebranding to Microsoft 365 after 30 years
Technology giant Microsoft has announced a major rebrand for its popular productivity suite, Microsoft Office. The suite that’s popular for…
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News
Only 55% of the African population has access to the Internet, report
A report by online privacy and protection firm Sufshark has revealed huge discrepancies between internet access and speeds in developing…
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News
Netflix is launching its ad-based subscription plan for $6.99/month
Netflix has finally introduced its ad-based subscription plan, months after the company initiated plans for this option as a way…
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Startups
Kenya’s home furniture startup MoKo has raised $6M to accelerate growth
MoKo has been around since 2014, a period in which the company has undergone a considerable metamorphosis. It was first…
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News
EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers
Kenyan fintech Pezesha has partnered with EzyAgric to launch a buy-now-pay-later (BNPL) scheme for agro-dealers all over Uganda. EzyAgric has…
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News
Donald Trump’s Truth Social app is now available on Google Play Store
Donald Trump’s social media app Truth Social is now available for download on Play Store. Google removed the app from…
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News
UK telcos now have until December 2023 to remove Huawei 5G equipment from their network
The UK government has outlined plans to ban Chinese manufacturer Huawei from providing 5G equipment to telecommunications providers in the…
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News
African tech startups have so far raised $2.7bn in funding this year, report
A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the…
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Startups
Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M
Nigerian health-tech startup Lifestores Healthcare has raised $3M for expansion across the country in a pre-Series A funding round. The…
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News
Kenyans in the diaspora can now pay bills on M-PESA via NALA Money
Tanzanian fintech startup NALA which was launched in 2018 to enable Africans in the diaspora easily send money home has…
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News
HP, Lenovo and Dell recorded a decline in PC shipments in Q3 2022
The International Data Corporation (IDC) revealed on Monday that global PC shipments have fallen by 15% in Q3 2022. The…
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News
Copia Global announces new executive regional appointments
Last-mile delivery and eCommerce platform Copia Global has announced new appointments in its leadership as it focuses on regional growth…
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News
YouTube is introducing user handles to make it easier for search and mentions
Nearly all social media platforms these days utilize user handles for easy identification and mention of user accounts. It started…
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News
PayPal causes uproar after introducing new policy to curb Misinformation
For the better part of the weekend, PayPal caused online buzz after announcing that it would fine users $2,500 for…
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News
40 digital lenders in Kenya being probed over misuse of personal data
The Office of Data Protection Commission (ODPC) is investigating 40 digital lenders over allegations of abuse of personal data. The…
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News
Logistics startup Sendy cuts down on its Supply Service
Kenyan logistics startup Sendy has restructured its operations, effectively winding down its Supply service. The startup says it will now…
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News
Ex-Google employee launches a tracker and ad-free search engine
Sridhar Ramaswamy, an Indian-born software engineer who worked in Google’s advertising division for 16 years has launched his own search…
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News
Samsung projects 32% profit slump as economic slowdown rocks the world
Samsung has warned of a 32% profit slump as consumers cut on expenditure owing to the global economic slowdown. The…
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Gadgets
EU parliament passes law requiring mandatory adoption of USB Type-C phone chargers
The European Parliament has passed a law requiring manufacturers to adopt the USB-C for universal use in devices such as…
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News
Google to build its first African Cloud region in South Africa for $1 billion
Google has announced plans to build its first cloud infrastructure in South Africa for an estimated $1 billion. The tech…
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News
Linda Ndung’u is the New Country Manager for Bolt Kenya
Ride-hailing company Bolt has appointed Linda Ndungu as its new country manager, charged with the responsibility of scaling the company’s…
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News
Kenyan startup Kyosk Digital has launched in Uganda
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in…
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News
Konza City To Host High-Level Global Innovation Conference in 2024
The International Association of Science Parks and Areas of Innovation (IASP) has voted to host their high-level annual conference at…
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